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
To NZX Limited
and
To Hellaby Holdings Limited (Hellaby)
Relevant event being disclosed: change in nature of relevant interest
Date of relevant event: 2 March 2017
Date this disclosure made: 2 March 2017
Date last disclosure made: 2 March 2017
Substantial product holder(s) giving disclosure
Full name(s): Bapcor Finance Pty Ltd (Bapcor)
Summary of substantial holding
Class of quoted voting products: Ordinary shares
Summary for Bapcor
For this disclosure,--
(a) total number held in class: 95,289,911 ordinary shares
(b) total in class: 97,727,180 ordinary shares
(c) total percentage held in class: 97.506% (rounded to three decimal places)
For last disclosure,--
(a) total number held in class: 95,289,911 ordinary shares
(b) total in class: 97,727,180 ordinary shares
(c) total percentage held in class: 97.506% (rounded to three decimal places)
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure:
On 21 October 2016, Bapcor made a full cash takeover offer under the
Takeovers Code to acquire all of the equity securities in Hellaby (the
Offer). The Offer was declared unconditional in all respects on 13 January
2017.
The offer period for the Offer closed on 7 February 2017. On 8 February 2017,
Bapcor issued a compulsory acquisition notice under Part 7 of the Takeovers
Code.
On 2 March 2017, Bapcor made payment of the relevant consideration in respect
of returned instruments of transfer under the compulsory acquisition process
for 128,777 ordinary shares for an aggregate price of $463,597.20, resulting
in Bapcor becoming the registered holder and beneficial owner of these
128,777 ordinary shares and therefore in a change in the nature of Bapcor''s
relevant interest in these shares.
The period for returning instruments of transfer under the compulsory
acquisition process expired at 11.59pm on 1 March 2017. The 1,486,595
ordinary shares in respect of which neither an acceptance form under the
Offer nor an instrument of transfer under the compulsory acquisition has been
received by Bapcor will be transferred to Bapcor on or around 8 March 2017 in
accordance with Part 7 of the Takeovers Code.
Details after relevant event
Details for Bapcor
Nature of relevant interest: Registered holder and beneficial owner of
128,777 ordinary shares in Hellaby.
For that relevant interest,--
(a) number held in class: 128,777 ordinary shares
(b) percentage held in class: 0.132% (rounded to three decimal places)
(c) current registered holder(s): Bapcor
(d) registered holder(s) once transfers are registered: N/A
Additional information
Address of substantial product holder(s): 61 Gower Street, (P.O. Box 8251,
Northland, 3072) Preston VIC 3072, Australia
Contact details: Darryl Abotomey, +61 3 9914 5555, darryla@bapcor.com.au
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
Certification
I, Darryl Gregor Abotomey, 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:00297744 For:HBY Type:SSH Time:2017-03-03 08:30:07