VIL
27/02/2015 16:36
SSH
NOT PRICE SENSITIVE
REL: 1636 HRS Veritas Investments Limited
SSH: VIL: SSH Notice - Wilmat Holdings Limited
DISCLOSURE OF CEASING TO HAVE SUBSTANTIAL HOLDING
Section 279, Financial Markets Conduct Act 2013
To: NZX LIMITED
and
To: VERITAS INVESTMENTS LIMITED
Date this disclosure made: 27 February 2015
Date last disclosure made: 31 January 2015
Date on which substantial holding ceased: 27 February 2015
Substantial product holder(s) giving disclosure
Full name: Wilmat Holdings Limited
Summary of previous substantial holding
Class of quoted voting products: Ordinary Shares
Summary for Wilmat Holdings Limited
For last disclosure,--
- (a) total number held in class: 15,384,615
- (b) total in class: 44,306,618
- (c) total percentage held in class: 34.72%
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 %
Details of transactions and events giving rise to ceasing of substantial
holding
Details of the transactions or other events requiring disclosure: Transfer
of 15,384,615 shares on 27 February 2015 from Wilmat Holdings Limited to
Michael John Morton and WBM Trustee Limited as trustees of the Michael Morton
No.2 Family Trust for nil consideration pursuant to an in specie distribution
from Wilmat Holdings Limited to its sole shareholders pursuant to section 53
of the Companies Act 1993 as part of the winding up of Wilmat Holdings
Limited. This distribution and the wider restructuring of the companies and
Veritas Holdings Limited shares ultimately controlled by the Trustees of the
Michael Morton No.2 Family Trust was previously notified to the market on 31
January 2015. No relevant agreement is required to be attached pursuant to
Regulation 139.
Additional information
Address of substantial product holder: c/- Milne Maingay Chartered
Accountants, 2nd Floor, 15b Vestey Drive, Mt Wellington, Auckland
Contact details: Tamara Liebman, Jackson Russell Lawyers, PO Box 3451,
Auckland 1140 Tel: (09) 303 3849, Email: [email protected]
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: Michael
John Morton and WBM Trustee Limited as Trustees of the Michael Morton No. 2
Family Trust.
End CA:00261288 For:VIL Type:SSH Time:2015-02-27 16:36:52