Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To: NZX Limited
And: New Zealand Oil and Gas Limited
Date this disclosure made: 17 January 2018
Date last disclosure made: 25 October 2017
Date on which substantial holding ceased: 11 January 2018
Substantial product holder(s) giving disclosure
Full name(s): H&G Limited
Class of quoted voting products: Ordinary shares - NZO
Summary for H&G Limited
For last disclosure,--
(a) total number held in class: 14,663,357
(b) total in class: 159,528,718
(c) total percentage held in class: 9.192%
For current holding after ceasing to have substantial holding,--
(a) total number held in class: 1,090,284
(b) total in class: 159,528,718
(c) total percentage held in class: 0.683%
Details of transactions and events giving rise to ceasing of substantial
holding
The partial offer by O.G. Oil and Gas (Singapore) Pte Ltd. being declared
unconditional on 11 January 2018 and (following scaling) 13,573,073 of the
NZO shares held by H&G Limited being confirmed as accepted under the offer.
Consideration of $0.74 per share ($10,044,074) is to be settled on 19 January
2018.
Additional information
Address(es) of substantial product holder(s): C/- Rural Equities Limited,
First Floor, 120 Karamu Road North (PO Box 783), Hastings.
Contact details: James Wright, Rural Equities Limited, First Floor, 120
Karamu Road North (P O Box 783), Hastings. Email -
enquiries@ruralequities.co.nz. Phone - + 64 6 870 4672.
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: O.G. Oil & Gas (Singapore) Pte. Ltd.
Declaration
I, James Wright, 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:00313135 For:NZO Type:SHINTR Time:2018-01-17 16:48:53