SUM
18/10/2013 16:22
SSH
REL: 1622 HRS Summerset Group Holdings Limited
SSH: SUM: SSH Notice - Forsyth Barr Group Limited
Disclosure of ceasing to have substantial holding
Section 25, Securities Markets Act 1988
To: NZX Limited
And: Summerset Group Holdings Limited
Date this disclosure made: 18 October 2013
Date last disclosure made: 18 October 2013
Substantial security holder(s) giving disclosure
Name(s): Forsyth Barr Group Limited
Contact details: Paul Van Koningsveld, Chief Operating Officer, +64 9 368
0063, [email protected]
Date on which substantial security holder(s) ceased to have substantial
holding: 18 October 2013
Summary of previous substantial holding to which disclosure relates
Class of listed voting securities: Ordinary shares
Summary for: Forsyth Barr Group Limited
For last disclosure,--
(a) total number held in class: 12,500,000
(b) total in class: 215,918,535
(c) total percentage held in class: 5.79%
For current holding after ceasing to have substantial holding:
(a) total number held in class: 0
(b) total in class: 215,918,535
(c) total percentage held in class: 0%
Details of transactions and events giving rise to person ceasing to have
substantial holding
Details of the transactions or other events requiring disclosure under the
instructions to this form:
Forsyth Barr Group Limited has agreed to dispose of its 5.79% interest on 18
October 2013 in off-market transactions through Forsyth Barr Limited to
retail and institutional investors on a T+3 basis at a price of $3.10 per
share (an aggregate of $38,750,000).
Additional information
Nature of connection between substantial security holders: N/A
Address(es) of substantial security holder(s): Forsyth Barr House, Cnr
Octagon & Stuart Street, Dunedin.
Name of any other person believed to have given, or believed to be required
to give, a disclosure under the Act in relation to the securities to which
this disclosure relates: N/A
Declaration
I, Paul Van Koningsveld, declare that, to the best of my knowledge and
belief, the information contained in this disclosure is correct and that I am
duly authorised to make this disclosure by all persons for whom it is made.
End CA:00242597 For:SUM Type:SSH Time:2013-10-18 16:22:38
