SSH - South Canterbury Finance Limited
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New Zealand Wool Services International Limited (WSI) | 8:27 am, Thursday 3 April 2008 | WSI | 0.420 |
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Disclosure of beginning to have substantial holding
Section 22, Securities Markets Act 1988
To New Zealand Exchange Limited
And New Zealand Wool Services International Limited
Date this disclosure made: 2 April 2008
Substantial security holder(s) giving disclosure
Name(s): South Canterbury Finance Limited
Contact details: Graeme Brown (03) 688 8117 graeme.brown@scfinance.co.nz
Date on which substantial security holder(s) began to have substantial
holding: 9 February 2007
Summary of substantial holding to which disclosure relates
Class of listed voting securities: ordinary shares, code WSI,
Summary for South Canterbury Finance Limited
For this disclosure,--
(a) total number held in class: 30,592,451
(b) total in class: 69,500,000
(c) total percentage held in class: 44.018%
Details of relevant interests currently in substantial holding
Details for South Canterbury Finance Limited
Nature of relevant interest(s): beneficial owner of securities, a relevant
agreement document need not be attached under regulation 11
For that relevant interest,--
(a) number held in class: 30,592,451
(b) percentage held in class: 44.018 %
(c) current registered holder(s) of securities: Forresters New Zealand
Limited
(d) registered holder(s) of securities once transfers registered:
Forresters New Zealand Limited
Details of transactions and events giving rise to person beginning to have
substantial holding
Details of the transactions or other events requiring disclosure under the
instructions to this form:
On 9 February 2007, South Canterbury Finance Limited purchased 30,592,451 NZ
Wool Services International Limited shares from AJ and MJ Hubbard for a total
consideration of $17,683,682.
Additional information
Nature of connection between substantial security holders: N/A
Address(es) of substantial security holder(s): P O Box 125, Timaru, New
Zealand
Name of any other person believed to have given, or believed to be required
to give, a disclosure under the Act in relation to the securities to which
this disclosure relates: AJ and MJ Hubbard
Declaration
I, Graeme Brown, 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.
