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 Rubicon Limited
Relevant event being disclosed: Notice of a movement of 1% or more in a
substantial holding.
Date of relevant event: 30 June 2017
Date this disclosure made: 26 October 2017
Date last disclosure made: 1 November 2013
Substantial product holder giving disclosure
Full name: Perry Corp. and Richard C. Perry
Summary of substantial holding
Class of quoted voting products: ordinary shares
Summary for Perry Corp. and Richard C. Perry
For this disclosure,--
(a) total number held in class: 39,337,307
(b) total in class: 487,908,343
(c) total percentage held in class: 8.06%
For last disclosure,--
(a) total number held in class: 39,337,307
(b) total in class: 379,719,975
(c) total percentage held in class: 10.36%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure: The change
in percentage held was not caused by transactions initiated by Perry Corp.
and Richard Perry but rather the change in issued share capital of the
Company which occurred on 30 June 2017 when the Company issued 78,856,965 new
shares.
Details after relevant event
Details for Perry Corp.:
1) Nature of relevant interest(s): Non beneficial interest in securities
Perry Corp. is a New York investment adviser that provides investment
management services to private investment funds. Perry Corp. is managing
general partner and/or investment manager of Perry Partners L.P. and Perry
International Master Inc. ("Funds"). Perry Corp. has power over the
acquisition, disposition and voting of securities held in the Funds,
including the Rubicon Shares.
For that relevant interest,--
(a) number held in class: 28,072,180
(b) percentage held in class: 5.75%
(c) current registered holder(s): Perry Partners
International Master, Inc. 20,199,806.00
Perry Partners L.P. 7,872,374.00
Total 28,072,180.00
(d) registered holder(s) once transfers are registered: N/A
Details for Richard Perry:
2) Nature of relevant interest(s): Registered holder and beneficial owner of
securities
Richard Perry is the President, sole director, and sole shareholder of Perry
Corp. and has a non-beneficial relevant interest in all Shares held by the
Funds, as described above. By virtue of his position as President, sole
director and sole shareholder of Perry Corp., Richard Perry may be considered
indirectly to have power over the acquisition, disposition and voting of
securities held in the Funds.
In addition to a non-beneficial relevant interest in all Shares held by the
Funds, Richard Perry became a direct holder of Shares after he received
Rubicon Shares following the in-kind distribution from the Perry European
Funds. For the relevant interest -
(a) Number held in class: 11,265,127
(b) Percentage held in class: 2.31%
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/o Perry Corp.
375 Park Avenue
Suite 3608
New York, NY 10152
Contact details: Brian Shanly, Chief Compliance Officer
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, Brian Shanly, 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:00309360 For:RBC Type:SHINTR Time:2017-10-27 09:24:39