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Ann: SSH: VIL: SSH Notice - Michael Morton No.2 Family Trust

    • Release Date: 02/02/15 08:58
    • Summary: SSH: VIL: SSH Notice - Michael Morton No.2 Family Trust
    • Price Sensitive: No
    • Download Document  4.2KB
    					VIL
    02/02/2015 08:58
    SSH
    NOT PRICE SENSITIVE
    REL: 0858 HRS Veritas Investments Limited
    
    SSH: VIL: SSH Notice - Michael Morton No.2 Family Trust
    
    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
    
    To:  NZX LIMITED
    and
    To:  VERITAS INVESTMENTS LIMITED
    
    Relevant event being disclosed:  Change in the nature of relevant interest
    
    Date of relevant event:  31 January 2015
    Date this disclosure made:  31 January 2015
    Date last disclosure made:  8 May 2013
    Substantial product holder(s) giving disclosure
    
    Full name(s):  Michael John Morton and WBM Trustee Limited as trustees of the
    Michael Morton No.2 Family Trust
    
    Summary of substantial holding
    Class of quoted voting products:  Ordinary Shares
    Summary for Michael Morton and WBM Trustee Limited as trustees of the Michael
    Morton No.2 Family Trust:
    For this 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 last disclosure,--
    (a) total number held in class:  15,384,615
    (b) total in class:  36,907,549
    (c) total percentage held in class:  41.68%
    
    Details of transactions and events giving rise to relevant event
    Details of the transactions or other events requiring disclosure:
    Amalgamation of two companies owned by Michael John Morton and WBM Trustee
    Limited as trustees of the Michael Morton No.2 Family Trust (directly for
    Wilmat Holdings Limited and indirectly for MBH Limited) resulting in a change
    in the nature of the trustees' relevant interest in listed voting securities.
    
    MBH Limited and its sole shareholder and parent company Wilmat Holdings
    Limited (the shares for which are 100% owned by the trustees) amalgamated as
    part of a group restructuring with Wilmat Holdings Limited continuing as the
    amalgamated company.  The amalgamation took place on 31 January 2015.  Prior
    to the amalgamation, MBH Limited was the holder of 15,384,615 shares in
    Veritas Investments Limited. After the amalgamation, the amalgamated entity,
    Wilmat Holdings Limited, is the new holder of the 15,384,615 shares.  There
    was no cash consideration paid as Wilmat Holdings Limited's holding of the
    shares took place as a consequence of the amalgamation (and a separate
    transfer of shares did not occur).  No relevant agreement is required to be
    attached pursuant to Regulation 139.
    
    Details after relevant event
    Details for Michael Morton and WBM Trustee Limited as trustees of the Michael
    Morton No.2 Family Trust (Trust)
    Nature of relevant interest(s):  Deemed relevant interest arising from being
    the joint sole shareholder of Wilmat Holdings Limited, the holder of the
    shares.  No relevant agreements are required to be attached pursuant to
    regulation 139.
    
    For that relevant interest,--
    (a) number held in class:  15,384,615
    (b) percentage held in class:  34.72%
    (c) current registered holder(s):  MBH Limited
    (d) registered holder(s) once transfers are registered:  Wilmat Holdings
    Limited
    
    Additional information
    
    Address of substantial product holder(s):  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]
    
    Nature of connection between substantial product holders:  Co-trustees of the
    Michael Morton No.2 Family Trust
    
    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:  MBH
    Limited and Wilmat Holdings Limited
    
    Disclosure has effect for purposes of directors' and senior managers'
    disclosure
    
    Michael John Morton is also a Director of Veritas Investments Limited. This
    disclosure also constitutes disclosure for the purposes of the directors' and
    senior managers' disclosure obligations.
    
    Certification
    
    I, Michael John Morton, 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.
    End CA:00260209 For:VIL    Type:SSH        Time:2015-02-02 08:58:27
    
    				

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