KMD
10/08/2015 16:38
TAKEOVER
NOT PRICE SENSITIVE
REL: 1638 HRS Kathmandu Holdings Limited
TAKEOVER: KMD: GSAMA Statement re rejection of Briscoe Offer
KATHMANDU HOLDINGS LIMITED
ASX/NZX/MEDIA ANNOUNCEMENT
10 August 2015
STATEMENT FROM GOLDMAN SACHS ASSET MANAGEMENT
Consistent with its standard practice the Takeovers Panel has asked Goldman
Sachs Asset Management Australia Pty Ltd to publish a statement clarifying
its position in respect of its rejection of the Briscoe Offer.
Please find following the announcement.
For further information please contact:
MEDIA
Helen McCombie
Citadel-MAGNUS
+61 2 9290 3033
INVESTORS
Reuben Casey
Chief Financial Officer
+64 27 272 7573
==============================================================
GOLDMAN SACHS ASSET MANAGEMENT STATEMENT:
10 August 2015
To: NZX Limited
On 6 August 2015, a number of articles were published (including in the
Australian Financial Review, The Australian, and The New Zealand Herald)
quoting Goldman Sachs Asset Management Australia Pty Ltd's (GSAMA) head of
Australian Equities, Dion Hershan, stating that GSAMA, as a holder of shares
in Kathmandu Holdings Limited, will be rejecting the offer made by Briscoe
Group Limited for 100% of the shares in Kathmandu (the Offer). Those
statements are an accurate reflection of GSAMA's current intentions.
However, GSAMA will continue to be guided by what it considers to be in the
best interests of its clients and reserves all of its rights to change its
position in respect of the Offer, whether on its current terms or otherwise.
GSAMA is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. (GSG
Inc). Other wholly-owned subsidiaries of GSG Inc have interests in shares in
Kathmandu Holdings Limited. Neither Mr Hershan nor GSAMA purports to make
any statement in respect of the intentions of GSG Inc or any of its other
subsidiaries.
Media Contacts:
Hayley Morris
Tel: +612 9321 8825
End CA:00268168 For:KMD Type:TAKEOVER Time:2015-08-10 16:38:45
