- Release Date: 22/03/13 16:12
- Summary: SSH: SUM: SSH (Quadrant)
- Price Sensitive: No
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SUM 22/03/2013 14:12 SSH REL: 1412 HRS Summerset Group Holdings Limited SSH: SUM: SSH (Quadrant) DISCLOSURE OF MOVEMENT OF 1% OR MORE IN SUBSTANTIAL HOLDING OR CHANGE IN NATURE OF RELEVANT INTEREST OR BOTH Sections 23 and 24, Securities Markets Act 1988 Relevant event being disclosed: Disclosure of movement of 1% or more in substantial holding Date of relevant event: 22 March 2013 To: NZX Limited And: Summerset Group Holdings Limited Date this disclosure made: 22 March 2013 Date last disclosure made: 18 March 2013 Substantial security holder(s) giving disclosure Name(s): QPE Funds Management Pty Limited, Perpetual Trustee Company Limited, Quadrant Private Equity Services No. 2 Pty Limited, Quadrant Private Equity Management No. 2 Pty Limited, QPE Co-Investment Pty Limited, The Macquarie Summerset Co-Investment Trust and The Quay Summerset Co-Investment Trust Contact details: Andrew Gilman [email protected] +61 2 9221 3044 Summary of substantial holding to which disclosure relates Class of listed voting securities: Ordinary shares Summary for QPE Funds Management Pty Limited For this disclosure,-- (a) total number held in class: 80,761,132 (b) total in class: 215,918,535 (c) total percentage held in class: 37.404% For last disclosure,-- (a) total number held in class: 119,825,995 (b) total in class: 214,819,360 (c) total percentage held in class: 55.780% Summary for Perpetual Trustee Company Limited For this disclosure,-- (a) total number held in class: 58,153,206 (b) total in class: 215,918,535 (c) total percentage held in class: 26.933% For last disclosure,-- (a) total number held in class: 86,233,724 (b) total in class: 214,819,360 (c) total percentage held in class: 40.142% Summary for Quadrant Private Equity Services No. 2 Pty Limited For this disclosure,-- (a) total number held in class: 29,076,603 (b) total in class: 215,918,535 (c) total percentage held in class: 13.466% For last disclosure,-- (a) total number held in class: 43,116,862 (b) total in class: 214,819,360 (c) total percentage held in class: 20.071% Summary for Quadrant Private Equity Management No. 2 Pty Limited For this disclosure,-- (a) total number held in class: 29,076,603 (b) total in class: 215,918,535 (c) total percentage held in class: 13.466% For last disclosure,-- (a) total number held in class: 43,116,862 (b) total in class: 214,819,360 (c) total percentage held in class: 20.071% Summary for QPE Co-Investment Pty Limited For this disclosure,-- (a) total number held in class: 22,607,926 (b) total in class: 215,918,535 (c) total percentage held in class: 10.471% For last disclosure,-- (a) total number held in class: 33,592,271 (b) total in class: 214,819,360 (c) total percentage held in class: 15.637% Summary for The Macquarie Summerset Co-Investment Trust For this disclosure,-- (a) total number held in class: 11,280,858 (b) total in class: 215,918,535 (c) total percentage held in class: 5.225% For last disclosure,-- (a) total number held in class: 16,728,062 (b) total in class: 214,819,360 (c) total percentage held in class: 7.787% Summary for The Quay Summerset Co-Investment Trust For this disclosure,-- (a) total number held in class: 7,615,256 (b) total in class: 215,918,535 (c) total percentage held in class: 3.527% For last disclosure,-- (a) total number held in class: 11,292,446 (b) total in class: 214,819,360 (c) total percentage held in class: 5.256% Details of transactions and events giving rise to relevant event Pursuant to the Summerset Group Holdings Limited Dividend Reinvestment Plan, a total of 935,137 ordinary shares were issued on 20 March 2013 to Quadrant shareholders that elected to participate in the Dividend Reinvestment Plan. On 22 March 2013, completion of the transaction described in the letter agreement of 16 March 2013 between UBS New Zealand and QPE Funds Management Pty Limited occurred. Under this agreement, QPE Funds Management Pty Limited, as manager of various funds that have beneficial interests in shares in Summerset Group Holdings Limited, agreed to sell 40,000,000 shares in Summerset Group Holdings Limited at $2.42 per share. Details of relevant interests in substantial holding after relevant event Details for QPE Funds Management Pty Limited Nature of relevant interest(s): QPE Funds Management Pty Limited is the manager of the various funds that have beneficial interests in shares in Summerset Group Holdings Limited. Pursuant to the relevant investment management contracts under which QPE Funds Management Pty Limited is appointed as manager, it has the power to exercise, or to control the exercise of, the rights to vote attached to such shares and the power to acquire or dispose of, or control the acquisition or disposition of such shares. QPE Funds Management Pty Limited's relevant interest only arises due to these investment management contracts, and beneficial ownership of the relevant shares is held by the various funds. QPE Funds Management Pty Limited's ordinary business consists of the provision of investment management services including the investment of other persons' funds. Accordingly, the exemption in regulation 14 of the Securities Markets (Substantial Security Holders) Regulations 2007 applies and no relevant agreement document is attached. For that relevant interest,-- (a) number held in class: 80,761,132 (b) percentage held in class: 37.404% (c) current registered holder(s) of securities: Perpetual Trustee Company Limited and QPE Co-Investment Pty Limited (d) registered holder(s) of securities once transfers registered: Perpetual Trustee Company Limited and QPE Co-Investment Pty Limited Details for Perpetual Trustee Company Limited Nature of relevant interest(s): Registered holder of shares in Summerset Group Holdings Limited which are held by Perpetual Trustee Company Limited as custodian for Quadrant Private Equity Services No. 2 Pty Limited and Quadrant Private Equity Management No. 2 Pty Limited. For that relevant interest,-- (a) number held in class: 58,153,206 (b) percentage held in class: 26.933% (c) current registered holder(s) of securities: Perpetual Trustee Company Limited (d) registered holder(s) of securities once transfers registered: Perpetual Trustee Company Limited Details for Quadrant Private Equity Services No. 2 Pty Limited as trustee of Quadrant Private Equity No.2A Nature of relevant interest(s): Beneficial owner of shares in Summerset Group Holdings Limited which are held by Quadrant Private Equity Services No. 2 Pty Limited as trustee for Quadrant Private Equity No.2A. For that relevant interest,-- (a) number held in class: 29,076,603 (b) percentage held in class: 13.466% (c) current registered holder(s) of securities: Perpetual Trustee Company Limited (d) registered holder(s) of securities once transfers registered: Perpetual Trustee Company Limited Details for Quadrant Private Equity Management No. 2 Pty Limited as trustee of Quadrant Private Equity No.2B Nature of relevant interest(s): Beneficial owner of shares in Summerset Group Holdings Limited which are held by Quadrant Private Equity Management No. 2 Pty Limited as trustee for Quadrant Private Equity No.2B. For that relevant interest,-- (a) number held in class: 29,076,603 (b) percentage held in class: 13.466% (c) current registered holder(s) of securities: Perpetual Trustee Company Limited (d) registered holder(s) of securities once transfers registered: Perpetual Trustee Company Limited Details for QPE Co-Investment Pty Limited Nature of relevant interest(s): Registered holder of shares in Summerset Group Holdings Limited which are held by QPE Co-Investment Pty Limited as trustee for The Macquarie Summerset Co-Investment Trust, The Quay Summerset Co-Investment Trust and The WPMA2 Summerset Co-Investment Trust. For that relevant interest,-- (a) number held in class: 22,607,926 (b) percentage held in class: 10.471% (c) current registered holder(s) of securities: QPE Co-Investment Pty Limited (d) registered holder(s) of securities once transfers registered: QPE Co-Investment Pty Limited Details for The Macquarie Summerset Co-Investment Trust Nature of relevant interest(s): Beneficial owner of shares in Summerset Group Holdings Limited. For that relevant interest,-- (a) number held in class: 11,280,858 (b) percentage held in class: 5.225% (c) current registered holder(s) of securities: QPE Co-Investment Pty Limited (d) registered holder(s) of securities once transfers registered: QPE Co-Investment Pty Limited Details for The Quay Summerset Co-Investment Trust Nature of relevant interest(s): Beneficial owner of shares in Summerset Group Holdings Limited. For that relevant interest,-- (a) number held in class: 7,615,256 (b) percentage held in class: 3.527% (c) current registered holder(s) of securities: QPE Co-Investment Pty Limited (d) registered holder(s) of securities once transfers registered: QPE Co-Investment Pty Limited Additional information Nature of connection between substantial security holders: Perpetual Trustee Company Limited holds shares in Summerset Group Holdings Limited as custodian for Quadrant Private Equity Services No. 2 Pty Limited and Quadrant Private Equity Management No. 2 Pty Limited. QPE Co-Investment Limited holds shares in Summerset Group Holdings Limited as trustee for The Macquarie Summerset Co-Investment Trust, The Quay Summerset Co-Investment Trust and The WPMA2 Summerset Co-Investment Trust. QPE Funds Management Pty Limited is the manager of the various funds that hold shares in Summerset Group Holdings Limited. Address(es) of substantial security holder(s): C/o- Quadrant Private Equity Level 30, Deutsche Bank Place 126 Phillip Street Sydney, NSW 200 Australia 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: Summerset Group Holdings Limited Declaration I, Andrew Gilman, 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:00234459 For:SUM Type:SSH Time:2013-03-22 14:12:48
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summerset group holdings limited
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$11.08 |
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Open | High | Low | Value | Volume |
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