Ann: SSH: VHP: SSH - NorthWest Value Partners Inc

• Release Date: 26/04/13 11:32
• Summary: SSH: VHP: SSH - NorthWest Value Partners Inc.
• Price Sensitive: No
• Download Document  4.26KB

					

VHP
26/04/2013 09:32
SSH

REL: 0932 HRS Vital Healthcare Property Trust

SSH: VHP: 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:  On market purchases pursuant to the
Restricted Transfer Notice dated 2 April 2013.
Date of relevant event:  24 April 2013
To  NZX Limited

And  Vital Healthcare Property Trust
Date this disclosure made:  26 April 2013
Date last disclosure made:  19 November 2012
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: 61,407,812
(b) total in class: 307,038,608
(c) total percentage held in class: 20.00%
For last disclosure*,--
(a) total number held in class: 58,600,005
(b) total in class: 298,013,570
(c) total percentage held in class: 19.66%
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 pursuant to the Restricted
Transfer Notice dated 2 April 2013.
Details of relevant interests in substantial holding after relevant event
Details for NorthWest

Nature of relevant interest(s):  Beneficial title
Beneficial interest in 1,000 units held by FNZ Custodians Limited on behalf
of NorthWest International Healthcare Properties Real Estate Investment
Trust.

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 61,406,812 units in Vital Healthcare Property
Trust that have been lent to Macquarie Canada by NWI Healthcare Properties LP
by its general partner NWI Healthcare Properties GP Inc ("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:
1. 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
2. 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: 61,406,812
(b) percentage held in class: 19.99%
(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:00235550 For:VHP    Type:SSH        Time:2013-04-26 09:32:16