SPH Notice – Bain Capital
100351149/6760435.1
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 Metro Performance Glass Limited
Relevant event being disclosed: Movement of 1% or more in substantial holding
Date of relevant event: 30 November 2018
Date this disclosure made: 3 December 2018
Date last disclosure made: 28 November 2018
Substantial product holder(s) giving disclosure
Full name(s): Bain Capital Credit, LP, Bain Capital Investments (Europe) Limited and Bain
Capital Special Situations Asia, L.P.
Summary of substantial holding
Class of quoted voting products: Class of quoted voting products: Ordinary shares in Metro
Performance Glass Limited (NZX: MPG)
Summary for Bain Capital Credit, LP
For this disclosure,—
(a) total number held in class: 20,475,000
(b) total in class: 185,378,086
(c) total percentage held in class: 11.045%
For last disclosure,—
(a) total number held in class: 17,475,000
(b) total in class: 185,378,086
(c) total percentage held in class: 9.427%
Summary for Bain Capital Investments (Europe) Limited
For this disclosure,—
(a) total number held in class: 20,475,000
(b) total in class: 185,378,086
(c) total percentage held in class: 11.045%
100351149/6760435.1
For last disclosure,—
(a) total number held in class: 17,475,000
(b) total in class: 185,378,086
(c) total percentage held in class: 9.427%
Summary for Bain Capital Special Situations Asia, L.P.
For this disclosure,—
(a) total number held in class: 11,671,466
(b) total in class: 185,378,086
(c) total percentage held in class: 6.296%
For last disclosure,—
(a) total number held in class: 9,961,361
(b) total in class: 185,378,086
(c) total percentage held in class: 5.374%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure: On 30 November 2018, the
entities in the table below acquired, in aggregate, 3,000,000 ordinary shares in Metro
Performance Glass Limited (Shares) for a total aggregate consideration of
NZ$1,650,000.00 (or $0.55 per Share) through on-market purchases.
Entity Number of Shares acquired on-market
Bain Capital Distressed and Special
Situations 2016 (A), L.P
305,619
Bain Capital Distressed and Special
Situations 2016 (B Master), L.P.
615,351
Bain Capital Distressed and Special
Situations 2016 (F), L.P.
258,918
Bain Capital Special Situations Asia, L.P.
1,710,105
Bain Capital Distressed and Special
Situations 2016 (EU Master), L.P.
110,007
100351149/6760435.1
Details after relevant event
Details for Bain Capital Credit, LP
Nature of relevant interest(s): Bain Capital Credit, LP (BCC) is the investment advisor to
Bain Capital Distressed and Special Situations 2016 (A), L.P., Bain Capital Distressed and
Special Situations 2016 (B Master), L.P., Bain Capital Distressed and Special Situations
2016 (F), L.P. and Bain Capital Special Situations Asia, L.P. As investment advisor, BCC
has the power to exercise votes attached to the Shares, and the power to dispose of the
Shares, on behalf of each of these entities.
An affiliate of BCC, Bain Capital Investments (Europe) Limited (BCIE) manages Bain
Capital Distressed and Special Situations 2016 (EU Master), L.P. BCC is deemed to have
the same relevant interest in the Shares as BCIE as a result of being a related company of
BCIE.
A relevant agreement document is not required to be attached to this notice.
For that relevant interest,—
(a) total number held in class: 20,475,000
(b) total percentage held in class: 11.045%
(c) current registered holder(s): Unknown
(d) registered holder(s) once transfers are registered: Unknown, but likely to be a
professional custodian selected by BCC/BCIE
: Details for Bain Capital Investments (Europe) Limited
Nature of relevant interest(s): BCIE manages Bain Capital Distressed and Special
Situations 2016 (EU Master), L.P. As manager, BCIE has the power to exercise votes
attached to the Shares, and the power to dispose of the Shares, on behalf of this entity.
As noted above, BCIE is an affiliate of BCC. BCIE is deemed to have the same relevant
interest in the Shares as BCC as a result of being a related company of BCC.
A relevant agreement document is not required to be attached to this notice.
For that relevant interest,—
(a) total number held in class: 20,475,000
(b) total percentage held in class: 11.045%
(c) current registered holder(s): Unknown
(d) registered holder(s) once transfers are registered: Unknown, but likely to be a
professional custodian selected by BCC/BCIE
100351149/6760435.1
Details for Bain Capital Special Situations Asia, L.P.
Nature of relevant interest(s): Beneficial owner of Shares. A relevant agreement
document is not required to be attached to this notice.
For that relevant interest,—
(a) total number held in class: 11,671,466
(b) total percentage held in class: 6.296%
(c) current registered holder(s): Unknown
(d) registered holder(s) once transfers are registered: Unknown, but likely to be a
professional custodian selected by BCC/BCIE
Additional information
Address(es) of substantial product holder(s): 200 Clarendon Street, Boston, MA 02116,
United States
Contact details:
Name: Adrian Rojas Garzón
Email: ARojas@BainCapital.com
Phone: +1 617 516 2763
Nature of connection between substantial product holders: BCC and BCIE are related
bodies corporate. BCC acts as investment advisor to Bain Capital Special Situations Asia,
L.P.
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: None
Certification
I, Adriana Rojas Garzón, 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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