Wednesday, 23 April 2014

Announcement

SSH: NZE: SSH Notice - (Rangatira Limited)

14 Feb 2013 09:21NZX
Disclosure of movement of 1% or more in substantial holding or change in
nature of relevant interest or both
Sections 23 and 24, Securities Markets Act 1988
Relevant event being disclosed: Change in nature of relevant interest
Date of relevant event: 14 February 2013
To: NZX
and
New Zealand Experience Limited
Date this disclosure made: 14 February 2013
Date last disclosure Made: 12 February 2013

Substantial security holder giving disclosure
Name: Rangatira Limited
Contact details: Chris Bradshaw
chris.bradshaw@rangatira.co.nz
04 471 6142

Summary of substantial holding to which disclosure relates
Class of listed voting securities: Ordinary shares
Summary for Rangatira Limited
For this disclosure:
Total number held in class: 33,015,307
Total in class: 37,000,000
Total percentage held in class: 89.231%
For last disclosure:
Total number held in class: 32,566,758
Total in class: 37,000,000
Total percentage held in class: 88.018%

Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure under the
instructions to this form:
On 17 December 2012 Rangatira Limited (Rangatira) made a full takeover offer
to purchase all of the shares of New Zealand Experience Limited (NZE) for
consideration of NZ$0.36 per share, under the Takeovers Code (Offer).  A copy
of the Offer document dated 17 December 2012, which sets out the terms and
conditions of the Offer, was disclosed to NZX on 17 December 2012.
On 18 December 2012 Rangatira declared the Offer unconditional.
Since the last disclosure, Rangatira received additional acceptances under
the Offer from shareholders of NZE, resulting in Rangatira acquiring a
relevant interest in a further 448,549 shares in NZE (Additional
Acceptances).
The relevant consideration was paid by Rangatira by cheque or paid by
electronic transfer to those NZE shareholders who had accepted the Offer by 8
February 2013.
Details of relevant interests in substantial holding after relevant event
Details for Rangatira Limited
A Nature of relevant interest(s):  Rangatira is the legal and
beneficial owner of ordinary shares in NZE as a result of acceptances of the
Offer received from NZE shareholders in respect of all the ordinary shares in
NZE held or controlled by those NZE shareholders.  A copy of the Offer
document dated 17 December 2012, which sets out the terms and conditions of
the Offer, was disclosed to NZX on 17 December 2012.
For that relevant interest, -
Number held in class: 31,840,574
Percentage held in class: 86.056
Current registered holder(s) of securities: No change since last
disclosure
Registered holder(s) of securities once transfers registered: Rangatira
Limited

B Nature of relevant interest(s):  As a result of acceptances of the
Offer received from NZE shareholders received after 8 February 2013,
Rangatira has acquired a relevant interest arising by virtue of the fact that
Rangatira will, conditional on payment of the relevant consideration in
accordance with the Offer, become the legal and beneficial owner of all the
ordinary shares of NZE held or controlled by those NZE shareholders.  A copy
of the Offer document dated 17 December 2012, which sets out the terms and
conditions of the Offer, was disclosed to NZX on 17 December 2012.

For that relevant interest, -
Number held in class: 1,174,733
Percentage held in class: 3.175
Current registered holder(s) of securities: No change since last
disclosure
Registered holder(s) of securities once transfers registered: Rangatira
Limited

Additional information
Nature of connection between substantial security holders: Not
applicable
Address(es) of substantial security holder(s):  Rangatira Limited
Level 10
70 The Terrace
Wellington
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:  None
Declaration
I, Chris Bradshaw, 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.
End CA:00232900 For:NZE    Type:SSH        Time:2013-02-14 09:21:30
Views: 113
The New Zealand Experience
 0.3500 Change:
0.00
0.00%
 
Open:0.3500 
High:0.3500 
Low:0.3500 
Volume:0 
Last Traded:28/02/13 08:45:43 
Bid:0.3500 
Ask:0.3700 
52-Wk High:0.4800 
52-Wk Low:0.3000