VIL
09/09/2015 16:18
SSH
NOT PRICE SENSITIVE
REL: 1618 HRS Veritas Investments Limited
SSH: VIL: SSH Notice - Dirty Tree Pubs Limited (1, 2 and 3)
Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
Note: This form must be completed in accordance with the instructions at the
end of the form.
To NZX Limited
and
To Veritas Investments Limited (Veritas)
Date this disclosure made: 9 September 2015
Date last disclosure made: 28 November 2014
Date on which substantial holding ceased: 9 September 2015
Substantial product holder(s) giving disclosure
Full name(s): Dirty Tree Pubs 1 Limited (DTP1), Dirty Tree Pubs 2 Limited
(DTP2) and Dirty Tree Pubs 3 Limited (DTP3)
Summary of previous substantial holding
Class of quoted voting products: Ordinary shares in Veritas (Shares) with
security code VIL
Summary for DTP1
For last disclosure,--
(a) total number held in class: 3,924,179 Shares
(b) total in class: 44,306,618 Shares
(c) total percentage held in class: 8.857%
For current holding after ceasing to have substantial holding,--
(a) total number held in class: 563,472 Shares (the Remaining DTP1 Shares)
(b) total in class: 44,306,618 Shares
(c) total percentage held in class: 1.272%
Summary for DTP2
For last disclosure,--
(a) total number held in class: 2,305,555 Shares
(b) total in class: 44,306,618 Shares
(c) total percentage held in class: 5.204%
For current holding after ceasing to have substantial holding,--
(a) total number held in class: 331,054 Shares (the Remaining DTP2 Shares)
(b) total in class: 44,306,618 Shares
(c) total percentage held in class: 0.747%
Summary for DTP3
For last disclosure,--
(a) total number held in class: 734,552 Shares
(b) total in class: 44,306,618 Shares
(c) total percentage held in class: 1.658%
For current holding after ceasing to have substantial holding,--
(a) total number held in class: 105,474 Shares (the Remaining DTP3 Shares
and, together with the Remaining DTP1 Shares and the Remaining DTP2 Shares,
the Total Remaining DTP Shares)
(b) total in class: 44,306,618 Shares
(c) total percentage held in class: 0.238%
Details of transactions and events giving rise to ceasing of substantial
holding
Details of the transactions or other events requiring disclosure:
In specie distribution of 3,360,707 Shares by DTP1 to its shareholders on 9
September 2015, with 1,680,353 Shares distributed to Timothy Burcher, Graham
Jackson and Richard Sigley as trustees of the Marakesh Trust (the Marakesh
Trust), 1,344,283 Shares distributed to Geoffrey Tuttle and Carl Sowter as
trustees of the GET Investment Trust (the GET Investment Trust) and 336,071
Shares distributed to Philip Clark and Michelle Harrison as trustees of the
Philip Clark Family Trust (the Clark Family Trust).
In specie distribution of 1,974,501 Shares by DTP2 to its shareholders on 9
September 2015, with 987,251 Shares distributed to Marakesh Trust, 789,800
Shares distributed to the GET Investment Trust and 197,450 Shares distributed
to the Clark Family Trust.
In specie distribution of 629,078 Shares by DTP3 to its shareholders on 9
September 2015, with 251,631 Shares distributed to Marakesh Trust, 251,631
Shares distributed to the GET Investment Trust and 125,816 Shares distributed
to the Clark Family Trust.
Additional information
Address(es) of substantial product holder(s):
DTP1: 3 Masons Avenue, Herne Bay, Auckland 1011, New Zealand
DTP2: 3 Masons Avenue, Herne Bay, Auckland 1011, New Zealand
DTP3: 3 Masons Avenue, Herne Bay, Auckland 1011, New Zealand
Contact details: Richard Sigley, 021 717 132, [email protected]
Nature of connection between substantial product holders: DTP1, DTP2 and DTP3
are "associates" under section 12(1) of the Financial Markets Conduct Act
2013
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:
The Marakesh Trust in respect of 2,919,235 Shares distributed in specie to
the Marakesh Trust by DTP1, DTP2 and DTP3 and the Total Remaining DTP Shares.
The GET Investment Trust in respect of 2,385,714 Shares distributed in specie
to the GET Investment Trust by DTP1, DTP2 and DTP3 and the Total Remaining
DTP Shares.
Richard Sigley in respect of 2,919,235 Shares distributed in specie to the
Marakesh Trust by DTP1, DTP2 and DTP3 and the Total Remaining DTP Shares.
Geoff Tuttle in respect of 2,385,714 Shares distributed in specie to the GET
Investment Trust by DTP1, DTP2 and DTP3 and the Total Remaining DTP Shares.
Certification
I, Richard Christopher Guy Sigley, 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:00269882 For:VIL Type:SSH Time:2015-09-09 16:18:34