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 Comvita Limited
Relevant event being disclosed: Beneficial owner of 2,264,000 new ordinary
shares issued by Comvita Limited to Custodial Services Limited.
Date of relevant event: 3 July 2017
Date this disclosure made: 3 July 2017
Date last disclosure made: 19 June 2017
Substantial product holder(s) giving disclosure
Full name(s): Li Wang
Summary of substantial holding
Class of quoted voting products: Ordinary shares (CVT)
Summary for Li Wang
For this disclosure,--
(a) total number held in class: Direct holding of 2,848,736 shares and
beneficial holding of 2,264,000 shares held in escrow with Custodial Services
Limited, resulting in a total
relevant interest in 5,112,736 shares.
(b) total in class: 45,289,642
(c) total percentage held in class: 11.29%
For last disclosure,--
(a) total number held in class: 2,848,736
(b) total in class: 42,459,642
(c) total percentage held in class: 6.71%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure: On 3 July
2017 Comvita Limited issued 2,264,000 shares to Li Wang in consideration for
Li Wang, together with Li Sun, procuring the issue of fully paid ordinary
shares in Comvita Food (China) Limited, representing a 51% shareholding in
Comvita Food (China) Limited. The consideration has a cash value of $10.60
per share. The 2,264,000 shares were issued to Custodial Services Limited to
be held in escrow for the benefit of Li Wang pending completion of certain
transactions pursuant to the terms of an Escrow Deed dated 1 July 2017.
No agreement need be attached to this notice as a result of regulation 141 of
the Financial Markets Conduct Regulations.
Details after relevant event
Details for Li Wang
Nature of relevant interest(s): registered holder and beneficial holder of
shares
For that relevant interest,--
(a) number held in class: Direct holding of 2,848,736 shares and beneficial
holding of 2,264,000 shares held in escrow with Custodial Services Limited,
resulting in a total relevant interest in 5,112,736 shares.
(b) percentage held in class: 11.29%
(c) current registered holder(s): Li Wang
(d) registered holder(s) once transfers are registered: Li Wang - 2,848,736
shares;
Custodial Services Limited - 2,264,000 shares
For a derivative relevant interest, also--
(a) type of derivative: Not applicable
(b) details of derivative: Not applicable
(c) parties to the derivative: Not applicable
(d) if the substantial product holder is not a party to the derivative, the
nature of the
relevant interest in the derivative: Not applicable
Additional information
Address(es) of substantial product holder(s): Flat 1, 11 Rangiatea Road,
Epsom, Auckland,
1023, New Zealand
Contact details: Li Wang, Laurel.wl@hotmail.com
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: Not applicable
Certification
I, Li Wang, 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:00303485 For:CVT Type:SHINTR Time:2017-07-03 09:39:01