XRO
30/11/2012 16:51
SSH
REL: 1651 HRS Xero Limited
SSH: XRO: SSH Notice - Rod Drury
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: Movement of 1% or more in substantial holding
Date of relevant event: 30 November 2012
To: NZX Limited [And: Xero Limited]
Date this disclosure made: 30 November 2012
Date last disclosure made: 9 February 2012
Substantial security holder(s) giving disclosure
Name(s): Anna Drury and Kenneth Drury
Contact details: 20-22 Munroe Street, Napier, 4110 , New Zealand
Contact name for queries: Ross Jenkins
Telephone number: +64 4 819 4800
Email: [email protected]
Summary of substantial holding to which disclosure relates
Class of listed voting securities: Fully paid ordinary shares in Xero
Summary for Anna Drury and Kenneth Drury
For this disclosure,--
(a) total number held in class: 21,719,779
(b) total in class: 117,188,024
(c) total percentage held in class: 18.5%
For last disclosure,--
(a) total number held in class: 22,553,113
(b) total in class: 99,833,865
(c) total percentage held in class: 22.59%
Details of transactions and events giving rise to relevant event
On 30 November 2012 off market sale of 833,334 shares at $6.00 each, for a
total consideration of $5,000,004.
Details of relevant interests in substantial holding after relevant event
Nature of relevant interest(s):
For that relevant interest,--
(a) number held in class: 21,719,779
(b) percentage held in class: 18.5%
(c) current registered holder(s) of securities: Anna Drury and Kenneth Drury
(d) registered holder(s) of securities once transfers registered: Not
Applicable
Additional information
Nature of connection between substantial security holders: N/A
Address(es) of substantial security holder(s): 20-22 Munroe Street, Napier,
4110 , New Zealand
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, Paul Williams, 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.
_______________________________
Paul Williams
End CA:00230532 For:XRO Type:SSH Time:2012-11-30 16:51:06
