XRO
20/12/2012 11:11
SSH
REL: 1111 HRS Xero Limited
SSH: XRO: SSH Notice - Jasmine Investment Holdings
Disclosure of ceasing to have a substantial holding
Sections 25, Securities Markets Act 1988
Relevant event being disclosed: Ceasing to have a substantial holding
Date of relevant event: 20 December 2012
To: NZX Limited [And: Xero Limited]
Date this disclosure made: 20 December 2012
Date last disclosure made: 2 February 2012
Substantial security holder(s) giving disclosure
Name(s): Jasmine Investment Holdings Limited
Contact details: L12 Forsyth Barr House, 45 Johnston St, Wellington
Contact name for queries: Ann Vansverry
Telephone number: 021 899 219
Email: [email protected]
Summary of substantial holding to which disclosure relates
Class of listed voting securities: Fully paid ordinary shares in Xero
Summary for Jasmine Investment Holdings Limited
For this disclosure,--
(a) total number held in class: 5,122,609
(b) total in class: 117,188,024
(c) total percentage held in class: 4.37%
For last disclosure,--
(a) total number held in class: 6,108,609
(b) total in class: 99,833,865
(c) total percentage held in class: 6.12%
?Details of transactions and events giving rise to relevant event
On 20 December 2012, off market sale of 1,000,000 shares at $7.40 each, for a
total consideration of $7,400,000.00
Details of relevant interests in current holding after ceasing to have a
substantial holding after relevant event
Nature of relevant interest(s): For that relevant interest,--
(a) number held in class: 5,122,609
(b) percentage held in class: 4.37%
(c) current registered holder(s) of securities: Jasmine Investment Holdings
Limited
(d) registered holder(s) of securities once transfers registered: Not
Applicable
Additional information
Nature of connection between substantial security holders: Not Applicable
Address(es) of substantial security holder(s): L12 Forsyth Barr House, 45
Johnston St, Wellington
Name of any other person believed to have given, or believed to be required
to give, a disclosure under the Securities Markets Act 1988 in relation to
the securities to which this disclosure relates: Not Applicable
Declaration
I, Nina Gene, 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.
_______________________________
Nina Gene
Investment Manager
Jasmine Investment Holdings Limited
End CA:00231438 For:XRO Type:SSH Time:2012-12-20 11:11:41
