Disclosure of ceasing to have substantial holding
Substantial Shareholder Cessation Wells December 2018.docx
Disclosure of ceasing to have substantial holding
Section 25, Securities Markets Act 1988
To: NZX Limited
And: Promisia Integrative Limited
Date this disclosure made: 14 January 2019
Date last disclosure made: 17 July 2014
Substantial security holder(s) giving disclosure
Name(s): Garrick Robert Wells, Wells Investments Limited and associated persons.
Contact details: Stephen Underwood; Telephone 027 499 3387; email: stephen@renouf.co.nz
Date on which substantial security holder(s) ceased to have substantial holding: 31 December
2018
Summary of previous substantial holding to which disclosure relates
Class of listed voting securities: Ordinary shares (NZSX:PIL)
Summary for: Garrick Robert Wells, Wells Investments Limited and associated persons
For last disclosure,—
(a) total number held in class: 35,953,155
(b) total in class: 281,733,138
(c) total percentage held in class: 12.76%
For current holding after ceasing to have substantial holding:
(a) total number held in class: 39,027,368
(b) total in class: 1,901,797,451
(c) total percentage held in class: 2.05%
Details of transactions and events giving rise to person ceasing to have substantial holding
Details of the transactions or other events requiring disclosure under the instructions to this
form: As a result of a rights issue to eligible shareholders closing on 24 December 2018, and
the conversion of short term advances from another shareholder to equity, there has been a
dilution in the interests of Garrick Robert Wells, Wells Investments Limited and associated
persons and they are no longer substantial shareholders in the company.
Additional information
Nature of connection between substantial security holders: Garrick Robert Wells has a
beneficial interest in the shares held by Wells Investments Limited.
Address(es) of substantial security holder(s): P O Box 40-324, Upper Hutt, 6415, New Zealand
Name of any other person believed to have given, or believed to be required to give, a
disclosure under the Act in relation to the securities to which this disclosure relates: Not
Applicable
Declaration
I, Stephen Underwood, declare 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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