SPH Notice – Douglas Irrevocable Descendants Trust
100080615/3821102.1
1
Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013
To NZX and
To ikeGPS Group Limited
Date this disclosure made: 31 August 2018
Date on which substantial holding began: 29 August 2018
Name(s): Douglas Irrevocable Descendants Trust; Douglas Family Trust; K&M Douglas Trust.
Summary of substantial holding
Class of quoted voting products: ordinary shares
Summary for Name(s): Douglas Irrevocable Descendants Trust; Douglas Family Trust; K&M
Douglas Trust.
For this disclosure,—
(a) total number held in class: 5,291,864
(b) total in class: 88,065,639
(c) total percentage held in class: 6.0%
Details of relevant interests
Details for Douglas Irrevocable Descendants Trust; Douglas Family Trust; K&M Douglas Trust.
Nature of relevant interest(s): registered holder and beneficial owner of financial products.
For that relevant interest,—
(a) number held in class: 5,291,864
(b) percentage held in class: 6.0%
(c) current registered holder(s) prior to transfers: NA
(d) registered holder(s) once transfers are registered: Douglas Irrevocable Descendants
Trust; Douglas Family Trust; K&M Douglas Trust.
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
100080615/3821102.1
2
Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure:
Acquisition of 1,375,000 Shares at a placement share price of $0.52 per
Share for total consideration of $715,000 by way of allotment pursuant to
IKE’s placement announced on 24 August 2018.
Additional information
Address(es) of substantial product holder(s): Contact details: C/o Douglas
Telecommunications, Inc.
125 E. Sir Francis Drake Blvd.
Suite 400
Larkspur, CA 94939
USA
Contact details: John Terence Andrews, 04 495 8181, john.andrews@forsythbarr.co.nz
*Nature of connection between substantial product holders: Entities / companies Douglas
Family
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, John Terence Andrews, 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.
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- IPR — Iperion Limited: SPH Notice – Chang Ku EE2018-11-07
“/. 9420586_1 1 Disclosure of beginning to have substantial holding Section 276, Financial Markets Conduct Act 2013 To NZX Limited and To Southern Charter Financial Group Limited Date this disclosure made: 8 November 2018 Date on which substantial holding began: 7 Novemb…”
- IPR — Iperion Limited: SPH Notice – Golden Tower NZ Limited2018-11-07
“/. 9419362_1 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 Southern Charter Financial Group Limited Relevant event being disclo…”
- GEN — General Capital Limited: Disclosure beginning substantial holding CFS NBDT Interest2018-08-03
“Disclosure of beginning to have substantial holding Section 276, Financial Markets Conduct Act 2013 To NZX Limited and To Mykco Limited Date this disclosure made: 3 August 2018 Date on which substantial holding began: 3 August 2018 Substantial product holder(s) giving di…”