- Release Date: 06/07/15 15:19
- Summary: SSH: VHP: SSH Notice - Ceasing NorthWest Entities
- Price Sensitive: No
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VHP 06/07/2015 15:19 SSH NOT PRICE SENSITIVE REL: 1519 HRS Vital Healthcare Property Trust SSH: VHP: SSH Notice - Ceasing NorthWest Entities Disclosure of ceasing to have substantial holding Section 279, Financial Markets Conduct Act 2013 Updated NorthWest SSH Notice The purpose of this notice is to update the last substantial holding notice given by NorthWest on 22 August 2014. The total aggregate interest held by NorthWest in VHP, and the direct holders of that interest, have not changed. However, as a result of a merger of certain NorthWest entities, the group of NorthWest entities that have a relevant interest in VHP units has changed and: o no longer includes the Ceasing NorthWest Entities (as disclosed in this notice); and o now includes the New NorthWest Entities (see the substantial holding notice dated on or about the date of this notice which identifies those entities). To NZX Limited and To Vital Healthcare Property Trust ("VHP") Date this disclosure made: 6 July 2015 Date last disclosure made: 22 August 2014 Date on which substantial holding ceased: 15 May 2015 Substantial product holder(s) giving disclosure Full name(s): NorthWest International Healthcare Properties Real Estate Investment Trust and Paul Dalla Lana as trustee for NorthWest Operating Trust (together referred to as the "Ceasing NorthWest Entities") Summary of previous substantial holding Class of quoted voting products: Ordinary Units Summary for Ceasing NorthWest Entities For last disclosure,-- (a) total number held in class: 82,064,900 (b) total in class: 341,656,001 (c) total percentage held in class: 24.02% For current holding after ceasing to have substantial holding,-- (a) total number held in class: 0 (b) total in class: 0 (c) total percentage held in class: 0% Note: The wider NorthWest group continues to hold a relevant interest in 24.02% of the units in VHP. Only the Ceasing NorthWest Entities are no longer interested in those units. Details of transactions and events giving rise to substantial holding Details of the transactions or other events requiring disclosure: o Pursuant to an arrangement agreement dated 10 March 2015, NorthWest Healthcare Properties Real Estate Investment Trust ("NWH") and NorthWest International Healthcare Properties Real Estate Investment Trust ("NWI"), related entities within the NorthWest group, agreed to combine ("Combination Transaction"). The Combination Transaction closed on 15 May 2015. o Pursuant to the Combination Transaction, NWH acquired all of the assets of NWI and NWI unitholders received 0.208 of a NWH trust unit for each NWI trust unit held on a tax-deferred basis. o The Combination Transaction involved the transfer of NWI Healthcare Properties LP from NWI to NWH. NWI Healthcare Properties LP (through nominee companies FNZ Custodians Limited and Bond Street Custodians Limited and its wholly owned subsidiary NWI NZ Management Company Limited) holds the 82,064,900 ordinary units in VHP ("Relevant Interest"). o As a result, although the direct ownership of Relevant Interest has not changed, the group of NorthWest entities that have a beneficial interest in the Relevant Interest has changed and no longer includes the Ceasing NorthWest Entities. Additional information Address(es) of substantial product holder(s): c/o 284 King Street East, Toronto, ON M5A 1K4 Contact details: Teresa Neto, +1 (416) 366-2000,1002, [email protected] Nature of connection between substantial product holders: The Ceasing NorthWest Entities are each either directly or indirectly, controlled by, or related to, NWH. Name of any other person believed to have given, or believed to be required to give, a disclosure under the Financial Markets Conduct Act 2013 in relation to the financial products to which this disclosure relates: NorthWest Healthcare Properties Real Estate Investment Trust, NWVP Acquisition LP and NWVP Acquisition Inc. (see the substantial holding notice dated on or about the date of this notice which identifies those entities). Certification I, Paul Dalla Lana, certify 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:00266681 For:VHP Type:SSH Time:2015-07-06 15:19:07
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