VHP
16/09/2013 13:15
SSH
REL: 1315 HRS Vital Healthcare Property Trust
SSH: VHP: Amended SSH - NorthWest Value Partners Inc.
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
The acquisition of 1,441,947 units on market on behalf of NorthWest
International Healthcare Properties Real Estate Investment Trust (NWI REIT)
and the subsequent intra-group transfer of that interest to NWI Healthcare
Properties LP (NWI LP).
Date of relevant event: On-market acquisitions between 3 and 12 September
2013
To: NZX Limited
And: Vital Healthcare Property Trust
Date this disclosure made: 16 September 2013
Date last disclosure made: 30 August 2013
Substantial security holder(s) giving disclosure
Name(s): NorthWest Value Partners Inc., Paul Dalla Lana as trustee for
NorthWest Real Estate Investment Trust, Paul Dalla Lana as trustee for
NorthWest Operating Trust, NWI Healthcare Properties LP, NWI Healthcare
Properties GP Inc and NorthWest International Healthcare Properties Real
Estate Investment Trust (together referred to as "NorthWest")
Contact details: Paul Dalla Lana ((001)14163668300 / [email protected])
Summary of substantial holding to which disclosure relates
Class of listed voting securities: Ordinary Units
Summary for NorthWest
For this disclosure,--
(a) total number held in class: 78,058,329
(b) total in class: 337,743,500
(c) total percentage held in class: 23.11%
For last disclosure,--
(a) total number held in class: 76,605,382
(b) total in class: 337,742,960
(c) total percentage held in class: 22.682%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure under the
instructions to this form:
On-market purchases on behalf of NWI REIT of, in aggregate, 1,441,947 Units
in Vital Healthcare Property Trust for total consideration of $1,981,854.42
and the subsequent intra-group transfer of NWI REIT's interest in those Units
to NWI LP for $1,981,854.42.
Details of relevant interests in substantial holding after relevant event
Details for NorthWest
1. Nature of relevant interest(s): Beneficial title
NorthWest has a relevant interest in 10,510,751 units held by FNZ Custodians
Limited as nominee on behalf of NWI.
For that relevant interest,--
(a) number held in class: 10,510,751
(b) percentage held in class: 3.11%
(c) current registered holder(s) of securities: FNZ Custodians Limited
(d) registered holder(s) of securities once transfers registered: NA
2. Nature of relevant interest(s): Securities lending arrangement
Interest in units under a securities lending arrangement with Macquarie
Capital Markets Canada Ltd (Macquarie Canada), pursuant to which NorthWest
has a relevant interest in 67,547,578 units in VHP that have been lent to
Macquarie Canada by NWI for a period ending 15 November 2013 (unless
terminated earlier). Amongst other things, under that arrangement Macquarie
Canada agrees that, in respect of those units lent to Macquarie Canada:
A. it will arrange for voting rights equal to the voting rights attached
to the units lent to Macquarie Canada to be exercised in accordance with the
instructions of NWI; and
B. it will redeliver units of an identical number and type to NWI at the
end of the one year term or earlier if NWI gives written notice requesting
redelivery or an "event of default" arises.
A summary of the relevant agreement giving arise to the interest is attached
as Schedule 1 (1 page).
For that relevant interest,--
(a) number held in class: 67,547,578
(b) percentage held in class: 19.999%
(c) current registered holder(s) of securities: Macquarie Capital Markets
Canada Ltd
(d) registered holder(s) of securities once transfers registered: NA
Additional information
Nature of connection between substantial security holders: NorthWest Real
Estate Investment Trust, NorthWest Operating Trust, NWI Healthcare Properties
LP, NWI Healthcare Properties GP Inc and NorthWest International Healthcare
Properties Real Estate Investment Trust are each either directly or
indirectly, controlled by, or related to, NorthWest Value Partners Inc.
Address(es) of substantial security holder(s): c/o 284 King Street East,
Toronto, ON M5A 1K4
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: Macquarie Capital Markets Canada Ltd
Declaration
I, Paul Dalla Lana, 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:00241150 For:VHP Type:SSH Time:2013-09-16 13:15:18
