SPH Notice – Mason Family Trust

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 Burger Fuel Group Limited
Relevant event being disclosed: Change in nature of relevant interest
Date of relevant event: 23 October 2020
Date this disclosure made: 23 October 2020
Date last disclosure made: 10 March 2014
Substantial product holder(s) giving disclosure
Full name(s): Christopher Simon Mason and Christopher John Mills as trustees of the
Mason Family Trust
Summary of substantial holding
Class of quoted voting products: Fully paid ordinary shares in Burger Fuel Group Limited
(BFG)
Summary for Christopher Simon Mason and Christopher John Mills as trustees of the Mason
Family Trust
For this disclosure,—
(a) total number held in class: 6,586,309
(b) total in class: 53,670,195
(c) total percentage held in class: 12.272%
For last disclosure,—
(a) total number held in class: 6,586,309
(b) total in class: 59,633,550
(c) total percentage held in class: 11.045%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure: BFG, Christopher Simon
Mason, personally, and jointly with Christopher John Mills as trustees of the Mason Family
Trust, and Mason Roberts Holdings Limited, have entered into a buyback deed (Buyback
Deed). Under the Buyback Deed, BFG has agreed to buyback a total of 3,333,332 fully
paid ordinary shares in BFG held by Mason Roberts Holdings Limited which are beneficially
owned by Christopher Simon Mason and Christopher John Mills as trustees of the Mason
Family Trust, for consideration of $0.39 per share (as further described in the Buyback
Deed).

2
A copy of the Buyback Deed is attached to this disclosure (16 pages).
A change in the nature of the Mason Family Trust's relevant interest in 3,333,332 ordinary
shares in BFG (held by Mason Roberts Holdings Limited) that it beneficially owns has arisen
as those shares are now subject to the terms of the Buyback Deed, under which BFG has
the power to acquire those 3,333,332 ordinary shares.
Details after relevant event
Details for Christopher Simon Mason and Christopher John Mills as trustees of the Mason
Family Trust
Nature of relevant interest(s): Christopher Simon Mason and Christopher John Mills as
trustees of the Mason Family Trust as beneficial owners of fully paid ordinary shares in BFG
which are held by Mason Roberts Holdings Limited as bare trustee
For that relevant interest,—
(a) number held in class: 3,252,977
(b) percentage held in class: 6.061%
(c) current registered holder(s): Mason Roberts Holdings Limited
(d) registered holder(s) once transfers are registered: Not applicable
For a derivative relevant interest, also—
(a) type of derivative: Not applicable
(b) details of derivative: Not applicable
(c) parties to the derivative: Not applicable
(d) if the substantial product holder is not a party to the derivative, the nature of the
relevant interest in the derivative: Not applicable
Nature of relevant interest(s): Beneficial owner, subject to the terms of the Buyback Deed,
under which BFG has the power to acquire the shares the subject of this relevant interest
(as noted above)
For that relevant interest,—
(a) number held in class: 3,333,332
(b) percentage held in class: 6.211%
(c) current registered holder(s): Mason Roberts Holdings Limited
(d) registered holder(s) once transfers are registered: Not applicable, shares to be
cancelled immediately upon acquisition by BFG

3
For a derivative relevant interest, also—
(a) type of derivative: Not applicable
(b) details of derivative: Not applicable
(c) parties to the derivative: Not applicable
(d) if the substantial product holder is not a party to the derivative, the nature of the
relevant interest in the derivative: Not applicable
Additional information
Address(es) of substantial product holder(s): Level 3, 66 Surrey Crescent, Grey Lynn,
Auckland, 1021
Contact details: Christopher Mason, chris@bfindy.com
Nature of connection between substantial product holders: Christopher Simon Mason and
Christopher John Mills are co-trustees of the Mason Family Trust
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: BFG; and JCR Capital Limited and 730 Trustee
Company Limited as co-trustees of the JCR Investment Trust
Certification
I, Christopher Simon Mason, 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.