- Release Date: 29/05/15 15:23
- Summary: SSH: ERD: SPH Notice - EROAD Limited
- Price Sensitive: No
- Download Document 6.71KB
ERD 29/05/2015 15:23 SSH NOT PRICE SENSITIVE REL: 1523 HRS EROAD Limited SSH: ERD: SPH Notice - EROAD Limited Disclosure of movement of 1% or more in substantial holding or change in nature of relevant interest, or both Sections 277 and 278, 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 EROAD Limited Relevant event being disclosed: Movement of 3.937% in substantial holding Date of relevant event: 29 May 2015 Date this disclosure made: 29 May 2015 Date last disclosure made: 15 August 2014 Substantial product holder(s) giving disclosure Full name(s): EROAD Limited Summary of substantial holding Class of quoted voting products: Ordinary Shares (NZX code: ERD) Summary for EROAD Limited For this disclosure,-- (a) total number held in class: 21,123,658 (b) total in class: 60,000,000 (c) total percentage held in class: 35.206% For last disclosure,-- (a) total number held in class: 23,485,752 (b) total in class: 60,000,000 (c) total percentage held in class: 39.143% Details of transactions and events giving rise to relevant event Details of the transactions or other events requiring disclosure: Each of the directors, members of the executive management team and the staff and close business associates of EROAD Limited who were issued shares on 15 June 2014 (together, the Escrowed Shareholders) have entered into escrow arrangements with EROAD Limited in respect of the certain of their shares (the Escrowed Shares) pursuant to restricted security agreements (attached to EROAD Limited's disclosure on 15 August 2014) or the terms of issue of the relevant shares, as set out in more detail in EROAD Limited's disclosure on 15 August 2014. Under those escrow arrangements, EROAD Limited has the power to control the disposition of the Escrowed Shares, as each Escrowed Shareholder has agreed not to sell or otherwise dispose of or do or omit to do anything which could have the effect of transferring effective ownership or control of any Escrowed Shares until the first business day after EROAD Limited's preliminary announcement has been released to the market in respect of its financial results for the year ended 31 March 2016 except as follows: o an Escrowed Shareholder may sell or otherwise transfer 10% of the Escrowed Shares held by that Escrowed Shareholder from the first business day after EROAD Limited's preliminary announcement has been released to the market in respect of its financial results for the year ended 31 March 2015; and o an Escrowed Shareholder may sell or otherwise transfer 20% (i.e. an additional 10%) of the Escrowed Shares held by that Escrowed Shareholder from the first business day after EROAD Limited's preliminary announcement has been released to the market in respect of its financial results for the half year ended 30 September 2015; and o in certain other circumstances outlined in EROAD Limited's disclosure on 15 August 2014. Accordingly, on 29 May 2015, being the first business day after EROAD Limited's preliminary announcement was released to the market in respect of its financial results for the year ended 31 March 2015, EROAD Limited ceased to have a relevant interest in 2,362,094 shares, which are no longer Escrowed Shares. Details after relevant event Details for EROAD Limited Nature of relevant interest(s): Power to control the disposition of the Escrowed Shares as outlined above and more fully described in EROAD Limited's disclosure on 15 August 2014. For that relevant interest,-- (a) number held in class: 21,123,658 (b) percentage held in class: 35.206% (c) current registered holder(s): See attached schedule (d) registered holder(s) once transfers are registered: not applicable For a derivative relevant interest, also-- (a) type of derivative: not applicable (b) details of derivative: not applicable (c) parties to the derivative: not applicable (d) if the substantial product holder is not a party to the derivative, the nature of the relevant interest in the derivative: not applicable Additional information Address(es) of substantial product holder(s): 260 Oteha Valley Road, Albany, Auckland, 0632, New Zealand Contact details: Steven Newman, Email: [email protected], Phone: +64 9 415 15 65 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: Steven Newman and NMC Trustees Limited as trustee of the NMC Investment Trust Certification I, Steven Newman, 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. Schedule: Registered Holders Afifa Chida 2,060 shares Amanda Tunstall 5,149 shares Amarda Trustee Limited 12,358 shares Andras Lipoth 4,120 shares Anthony Gibson 479,848 shares Anthony Lombardo 618 shares Aparna Gopalakrishnan 824 shares Brian Edward Michie 1,975,919 shares Bruce Wilson, Stephanie Wilson and SW Trust Services (Thirteen) Limited 414,127 shares Candace Nicole Kinser and Kinser Trustee Ltd 33,358 shares Charles Rillstone 651 shares Cherie Murray 3,295 shares Christopher Michael Solomon 4,873 shares Clifford Burgess 2,060 shares Craig Playfair 4,873 shares David and Joanne Morton 4,120 shares Denys Tyshetskyy 647 shares Fay Parsons 3,254 shares Gareth Davies 618 shares Gareth Robins 4,120 shares Georgina Simmons 618 shares Guy Hocquard 2,060 shares HGM Services Limited 8,124 shares Ingrid Warwood 3,250 shares Jarred Clayton 368,349 shares Jennifer Doreen Leybourne 5,520 shares John Duneas 20,597 shares John. A. A. Opiola 6,179 shares Jonathan Morgan 824 shares Jordan Hagan 16,890 shares Lowelly PTY Ltd ATF Lowelly Superannuation Fund 119,463 shares Mark Simpson and Sharyn Simpson 68,242 shares Matthew Dorfman 26,776 shares Matthew John Bates 824 shares Michael Bushby 20,999 shares Michael Swarbrick 64,975 shares Nigel Gray 4,120 shares Nina Elter 4,943 shares NMC Trustees Limited 14,399,275 shares Paul Hewlett 12,358 shares Paul Sinclair 8,239 shares Rebecca Lal 618 shares Rebecca McKaskell 1,854 shares Sara Goessi 4,120 shares Sarah Farmiloe 2,472 shares Scott Daniels 811 shares Sean Hope 4,120 shares Shellie Highsted 3,089 shares SLK Asset Management Limited 521,096 shares Soona Lee 1,030 shares Sophie Blyth 989 shares Stefanie Smith 618 shares Steve Morello 4,120 shares SW Trust Services (Twelve) Limited 2,141,865 shares Tim Power 16,478 shares Tony and Vanessa McNaught 42,224 shares Travis Dunn 26,776 shares Wayne Hudson and Anthony Gibson 222,432 shares Ying Wang 6,179 shares Yll Murati 3,250 shares End CA:00265036 For:ERD Type:SSH Time:2015-05-29 15:23:15
- Forums
- NZX - By Stock
- ERD
- Ann: SSH: ERD: SPH Notice - EROAD Limited
Ann: SSH: ERD: SPH Notice - EROAD Limited
Featured News
Add ERD (NZSX) to my watchlist