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:
Date of relevant event: 7 June 2013
To: NZX Limited ( nzx@announce.com )
And: Turners Auctions Limited (TUA) ( aaron.saunders@turners.co.nz )
Date this disclosure made: 10 June 2013
Date last disclosure made: 4 April 2013
Substantial security holder(s) giving disclosure
Name(s): Dorchester Pacific Limited
Contact details: Paul Byrnes, tel: 308 4988, email:
paul.byrnes@dorchester.co.nz
Summary of substantial holding to which disclosure relates
Class of listed voting securities: Ordinary shares in Turners Auctions
Limited (TAU)
Summary for: Dorchester Pacific Limited
For this disclosure,--
(a) total number held in class: 5,433,088
(b) total in class: 27,375,271
(c) total percentage held in class: 19.847%
For last disclosure,--
(a) total number held in class: 4,985,394
(b) total in class: 27,375,271
(c) total percentage held in class: 18.211%
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 market purchase of shares
Details of relevant interests in substantial holding after relevant event
Details for: Dorchester Pacific Limited
Nature of relevant interest(s): registered and beneficial owner
For that relevant interest,--
(a) number held in class: 5,433,088
(b) percentage held in class: 19.847%
(c) current registered holder(s) of securities: Dorchester Pacific
Limited and others
(d) registered holder(s) of securities once transfers registered:
Dorchester Pacific Limited
Additional information
Nature of connection between substantial security holders: N/A
Address(es) of substantial security holder(s): Dorchester Pacific Limited,
Level 8, 34 Shortland Street, Auckland 1010
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: Paul Anthony Byrnes (non-beneficial interest)
Declaration
I, Paul Byrnes, 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:00237223 For:TUA Type:SSH Time:2013-06-10 11:04:59