Wednesday, 22 August 2018

Announcement

TRANSACT: BIL: Notice of Dominant Ownership and Acquisition Notice

06 Dec 2017 17:18NZX
6 December 2017

To: The Directors
Bethunes Investments Limited
c/- BDO Wellington Limited
Level 1, Chartered Accountants House
50 Customhouse Quay
Wellington

Copy: Takeovers Panel
Level 3, Solnet House
70 The Terrace
Wellington

takeovers.panel@takeovers.govt.nz NZX Limited
Level 1, NZX Centre
11 Cable Street
Wellington
announce@nzx.com

NOTICE OF DOMINANT OWNERSHIP AND DISPATCH OF ACQUISITION NOTICE

On 6 December 2017 Bethunes Investments Limited (to be renamed TIL Logistics
Group Limited) ("Company") completed its acquisition of the transport and
logistics business and assets of Transport Investments Limited (to be renamed
Bowker Holdings 99 Limited) ("TIL") and the shares in TIL Logistics Group
Limited (to be renamed Global Logistics Group Limited) ("Acquisition").

TIL and the other persons named in the Schedule to this notice (together the
"Dominant Owner") give notice pursuant to Rule 51 of the Takeovers Code that,
on 6 December 2017, as a result of completion of the Acquisition and the
allotment of shares in the Company pursuant to a private placement undertaken
by the Company in connection with the Acquisition, they became, in aggregate,
the holders or controllers of more than 90% of the voting rights in the
Company and, accordingly, the dominant owner of the Company.

The Dominant Owner has today sent to ''outstanding security holders'' (as
defined in Rule 50 of the Takeovers Code) notice in writing that complies
with Rule 55 of the Takeovers Code.  A copy of that notice is enclosed.

Signed for and on behalf of the Dominant Owner by:

James Ramsay
Director
Transport Investments Limited
End CA:00311506 For:BIL    Type:TRANSACT   Time:2017-12-06 17:18:20
Views: 176
Bethunes Investments
 5.084 Change:
0.00
0.00%
 
Open:5.084 
High:5.084 
Low:5.084 
Volume:0 
Last Traded:06/12/17 00:19:44 
Bid:0.018 
Ask:0.020 
52-Wk High:5.084 
52-Wk Low:0.005