Disclosure of movement of 1% or more in substantial holding
or change in nature of relevant interest, or both
Sections 277 and 278, Financial Markets Conduct Act 2013
Note: This form must be completed in accordance with the instructions at the
end of the form.
To NZX Limited
and
To SeaDragon Limited
Relevant event being disclosed: Movement of substantial holding
Date of relevant event: 13 January 2016 to 1 June 2016 and 17 October 2016
Date this disclosure made: 21 October 2016
Date last disclosure made: 24 November 2015
Substantial product holder(s) giving disclosure
Full name(s): SDMO Trustee Limited
Summary of substantial holding
Class of quoted voting products: Ordinary Shares in SEA
Summary for SDMO Trustee Limited
For this disclosure,--
(a) total number held in class: 435,388,743
(b) total in class: 4,513,618,718
(c) total percentage held in class: 9.646%
For last disclosure,--
(a) total number held in class: 440,670,868
(b) total in class: 3,128,046,711
(c) total percentage held in class: 14.088%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure:
(a) SDMO Trustee Limited disposed of shares in SeaDragon Limited via
on-market transactions between 13 January 2016 and 1 June 2016 in the numbers
and for the consideration as follows: (i) 280,684 shares on 13 January 2016
(for total consideration of $4,210), (ii) 300,000 shares on 18 January 2016
(for total consideration of $4,500), (iii) 1,065,141 shares on 21 and 22
January 2016 (for total consideration of $15,977), (iv) 20,000 shares on 2
February 2016 (for total consideration of $300), (v) 65,000 shares on 9
February 2016 (for total consideration of $975), and (vi) 3,551,300 shares on
1 June 2016 (for total consideration of $47,175).
(b) On 17 October 2016, SeaDragon Limited announced that 1,367,304,341 shares
were issued as a result of the exercise of rights under the 1 for 2 pro-rata
renounceable rights offer and shortfall bookbuild. SDMO Trustee Limited did
not exercise their rights nor did they participate in the shortfall
bookbuild, which has resulted in a decreased percentage shareholding
following the issue of the new shares.
Details after relevant event
Details for SDMO Trustee Limited
Nature of relevant interest(s): Registered holder
For that relevant interest,--
(a) number held in class: 435,388,743
(b) percentage held in class: 9.646%
(c) current registered holder(s): SDMO Trustee Limited
(d) registered holder(s) once transfers are registered: N/A in respect of
on-market trades.
For a derivative relevant interest, also--
(a) type of derivative: N/A
(b) details of derivative: N/A
(c) parties to the derivative: N/A
(d) if the substantial product holder is not a party to the derivative, the
nature of the relevant interest in the derivative: N/A
Additional information
Address(es) of substantial product holder(s): C/- HLB Mann Judd, PO Box 43,
Auckland 1140
Contact details:
Stuart Macintosh
Email: stuartm.nz@gmail.com
Phone: +649275383834
Name of any other person believed to have given, or believed to be required
to give, a disclosure under the Financial Markets Conduct Act 2013 in
relation to the financial products to which this disclosure relates: N/A
Disclosure has effect for purposes of directors'' and senior managers''
disclosure
Stuart Macintosh is also a director of SeaDragon Limited. This disclosure
also constitutes disclosure for the purposes of the directors'' and senior
managers'' disclosure obligations.
Certification
I, Stuart Macintosh, 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:00291294 For:SEA Type:SSH Time:2016-10-21 15:10:35