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SPH Notice – Chang Ku EE

Substantial Holder Notice7 November 2018IPRReal Estate

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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 November 2018

Substantial product holder(s) giving disclosure

Full name(s): Chang Ku EE

Summary of substantial holding

Class of quoted voting products: Ordinary shares

Summary for Chang Ku EE

For this disclosure,—

(a) total number held in class: 442,809,270 shares

(b) total in class: 514,894,500

(c) total percentage held in class: 86.000%

Details of relevant interests

Details for Chang Ku EE

Nature of relevant interest(s): Conditional agreement to acquire shares.

For that relevant interest,—

(a) number held in class: 442,809,270 shares

(b) percentage held in class: 86.000%

(c) current registered holder(s): Golden Tower NZ Limited (GTNZ)

(d) registered holder(s) once transfers are registered: Chang Ku EE

Details of transactions and events giving rise to substantial holding

Details of the transactions or other events requiring disclosure:

Chang Ku EE and GTNZ have entered into a conditional Agreement for Sale and Purchase

of Shares dated 7 November 2018 whereby GTNZ has agreed to sell its entire shareholding

in Southern Charter Financial Group Limited, being 442,809,270 ordinary shares, to Chang

Ku EE for $2,950,000 (Sale and Purchase Agreement). The Sale and Purchase

Agreement is conditional on non-associated shareholder approval being obtained under the

Takeovers Code.



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A copy of the Sale and Purchase Agreement is attached.

Additional information

Address(es) of substantial product holder(s): C/- Duncan Cotterill, Level 2, 50

Customhouse Quay, Wellington

Contact details: Matt Yates, Duncan Cotterill, matt.yates@duncancotterill.com, 04 471

9428

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: Golden Tower NZ Limited

Certification

I, Matthew Wallace Yates, 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.

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