2 Cheap Cars Group Limited logo

Ongoing D&O Disclosures – Multiple

Insider/Shareholder Notice19 March 20212CCFinancials

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests

Sections 297(2) and 298(2), Financial Markets Conduct Act 2013

To NZX Limited; and

Name of listed issuer:

NZ Automotive Investments Limited

Date this disclosure made:

19-Mar-21

Date of last disclosure:

12-Mar-21

Director or senior manager giving disclosure

Full name(s):

David (Yusuke) Sena

Name of listed issuer:

NZ Automotive Investments Limited

Name of related body corporate (if applicable):

Position held in listed issuer:

Director of NZ Automotive Investments Limited

1 - Summary of acquisition or disposal of relevant interest (excluding specified derivatives)

Class of affected quoted financial products:

Ordinary shares in NZ Automotive Investments Limited

Nature of the affected relevant interest(s):

Joint registered holder and beneficial owner

For that relevant interest-

Number held in class before acquisition or disposal:

20,909,622

Number held in class after acquisition or disposal:

20,907,269

Current registered holder(s):

David (Yusuke) Sena and TLR (Sena) Trustee Service

No.2 Limited

Registered holder(s) once transfers are registered:

Unknown

Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)

Type of affected derivative:

N/A

Class of underlying financial products:

N/A

Details of affected derivative-

The notional value of the derivative (if any) or the notional amount of underlying financial

products (if any):

N/A

A statement as to whether the derivative is cash settled or physically settled:

N/A

Maturity date of the derivative (if any):

N/A

Expiry date of the derivative(if any):

N/A

The price specified in the terms of the derivative (if any):

N/A

Any other details needed to understand how the amount of the consideration payable

under the derivative or the value of the derivative is affected by the value of the

underlying financial products:

N/A

For that derivative,-

Parties to the derivative:

N/A

If the director or senior manager is not a party to the derivative, the nature of the

relevant interest in the derivative:

N/A

Details of transactions giving rise to acquisition or disposal

Total number of transactions to which notice relates: 5

Details of transactions requiring disclosure-
Date of transaction:

(a) 12 March 2021

(b) 15 March 2021

(c) 16 March 2021

(d) 17 March 2021

(e) 18 March 2021

Nature of transaction:

(a) On market sale

(b) On market sale

(c) On market sale

(d) On market sale

(e) On market sale

Name of any other party or parties to the transaction (if known):

(a) Unknown

(b) Unknown

(c) Unknown

(d) Unknown

(e) Unknown

The consideration, expressed in New Zealand dollars, paid or received for the

acquisition or disposal. If the consideration was not in cash and cannot be readily by

converted into a cash value, describe the consideration:

(a) Total of NZ$551.80 being NZ$1.24 per ordinary

share

(b) Total of NZ$1,009.36 being NZ$1.24 per ordinary

share

(c) Total of NZ$621.20 being NZ$1.23 per ordinary

share

(d) Total of NZ$648.33 being NZ$1.23 per ordinary

share

(e) Total of NZ$72.60 being $1.21 per ordinary share

Number of financial products to which the transaction related:

(a) 445

(b) 814

(c) 505

(d) 529

(e) 60

If the issuer has a financial products trading policy that prohibits directors or senior

managers from trading during any period without written clearance (a closed period)

include the following details—

Whether relevant interests were acquired or disposed of during a closed period:Yes

Whether prior written clearance was provided to allow the acquisition or disposal to

proceed during the closed period:

Yes

Date of the prior written clearance (if any):

1-Mar-21

2 - Summary of acquisition or disposal of relevant interest (excluding specified derivatives)

Class of affected quoted financial products:

Ordinary shares in NZ Automotive Investments Limited

Nature of the affected relevant interest(s):

David (Yusuke) Sena and TLR (Sena) Trustee Service

No. 2 Limited have a relevant interest in 55% of the

shares held by Eugene Williams and TLR Williams

Trustee Company Limited as per the Sale Process

Deed dated 15 February 2021 entered into between the

parties, see previous substantial product holder

disclosure made by David Sena on 25 February 2021.

A copy of the Sale Process Deed is also attached to

that substantial product holder disclosure made by

David Sena on 25 February 2021.

For that relevant interest-

Number held in class before acquisition or disposal:

11,497,871

Number held in class after acquisition or disposal:

11,495,519

Current registered holder(s):

Eugene Williams and TLR Williams Trustee Company

Limited

Registered holder(s) once transfers are registered:

Unknown

Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)

Type of affected derivative:

N/A

Class of underlying financial products:

N/A

Details of affected derivative-

The notional value of the derivative (if any) or the notional amount of underlying financial

products (if any):

N/A

A statement as to whether the derivative is cash settled or physically settled:

N/A

Maturity date of the derivative (if any):

N/A

Expiry date of the derivative(if any):
N/A

The price specified in the terms of the derivative (if any):

N/A

Any other details needed to understand how the amount of the consideration payable

under the derivative or the value of the derivative is affected by the value of the

underlying financial products:

N/A

For that derivative,-

Parties to the derivative:

N/A

If the director or senior manager is not a party to the derivative, the nature of the

relevant interest in the derivative:

N/A

Details of transactions giving rise to acquisition or disposal

Total number of transactions to which notice relates: 5

Details of transactions requiring disclosure-

Date of transaction:

(a) 12 March 2021

(b) 15 March 2021

(c) 16 March 2021

(d) 17 March 2021

(e) 18 March 2021

Nature of transaction:

(a) On market sale

(b) On market sale

(c) On market sale

(d) On market sale

(e) On market sale

Name of any other party or parties to the transaction (if known):

(a) Unknown

(b) Unknown

(c) Unknown

(d) Unknown

(e) Unknown

The consideration, expressed in New Zealand dollars, paid or received for the

acquisition or disposal. If the consideration was not in cash and cannot be readily by

converted into a cash value, describe the consideration:

(a) Total of NZ$551.80 being NZ$1.24 per ordinary

share

(b) Total of NZ$1,009.36 being NZ$1.24 per ordinary

share

(c) Total of NZ$619.96 being NZ$1.23 per ordinary

share

(d) Total of NZ$649.55 being NZ$1.23 per ordinary

share

(e) Total of NZ$71.39 being NZ$1.21 per ordinary

share

Number of financial products to which the transaction related:

(a) 445

(b) 814

(c) 504

(d) 530

(e) 59

If the issuer has a financial products trading policy that prohibits directors or senior

managers from trading during any period without written clearance (a closed period)

include the following details—

Whether relevant interests were acquired or disposed of during a closed period:Yes

Whether prior written clearance was provided to allow the acquisition or disposal to

proceed during the closed period:

Yes

Date of the prior written clearance (if any):

1-Mar-21

Summary of other relevant interests after acquisition or disposal:

Class of quoted financial products:

N/A

Nature of relevant interest:

N/A

For that relevant interest,-

Number held in class:

N/A

Current registered holder(s):

N/A

For a derivative relevant interest,-

Type of derivative:

N/A

Details of derivative,-

The notional value of the derivative (if any) or the notional amount of underlying financial

products (if any):

N/A

A statement as to whether the derivative is cash settled or physically settled:N/A

Maturity date of the derivative (if any):N/A
Expiry date of the derivative (if any):N/A

The price's specified terms (if any):N/A

Any other details needed to understand how the amount of the consideration payable

under the derivative or the value of the derivative is affected by the value of the

underlying financial products:

N/A

For that derivative relevant interest,- N/A

Parties to the derivative:

N/A

If the director or senior manager is not a party to the derivative, the nature of the

relevant interest in the derivative:

N/A

Certification

I, 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.

Signature of director or officer:

Date of signature:

19-Mar-21

or

Signature of person authorised to sign on behalf of director or officer:

Date of signature:

Name and title of authorised person:


Ongoing Disclosure Notice

Disclosure of Directors and Senior Managers Relevant Interests

Sections 297(2) and 298(2), Financial Markets Conduct Act 2013

To NZX Limited; and

Name of listed issuer:

NZ Automotive Investments Limited

Date this disclosure made:

19-Mar-21

Date of last disclosure:

12-Mar-21

Director or senior manager giving disclosure

Full name(s):

Eugene Williams

Name of listed issuer:

NZ Automotive Investments Limited

Name of related body corporate (if applicable):

Position held in listed issuer:

Director of NZ Automotive Investments Limited

1 - Summary of acquisition or disposal of relevant interest (excluding specified derivatives)

Class of affected quoted financial products:

Ordinary shares in NZ Automotive Investments Limited

Nature of the affected relevant interest(s):

Joint registered holder and beneficial owner

For that relevant interest-

Number held in class before acquisition or disposal:

20,909,621

Number held in class after acquisition or disposal:

20,907,269

Current registered holder(s):

Eugene Williams and TLR Williams Trustee Company

Limited

Registered holder(s) once transfers are registered:

Unknown

Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)

Type of affected derivative:

N/A

Class of underlying financial products:

N/A

Details of affected derivative-

The notional value of the derivative (if any) or the notional amount of underlying financial

products (if any):

N/A

A statement as to whether the derivative is cash settled or physically settled:

N/A

Maturity date of the derivative (if any):

N/A

Expiry date of the derivative(if any):

N/A

The price specified in the terms of the derivative (if any):

N/A

Any other details needed to understand how the amount of the consideration payable

under the derivative or the value of the derivative is affected by the value of the

underlying financial products:

N/A

For that derivative,-

Parties to the derivative:

N/A

If the director or senior manager is not a party to the derivative, the nature of the

relevant interest in the derivative:

N/A

Details of transactions giving rise to acquisition or disposal

Total number of transactions to which notice relates: 5

Details of transactions requiring disclosure-
Date of transaction:

(a) 12 March 2021

(b) 15 March 2021

(c) 16 March 2021

(d) 17 March 2021

(e) 18 March 2021

Nature of transaction:

(a) On market sale

(b) On market sale

(c) On market sale

(d) On market sale

(e) On market sale

Name of any other party or parties to the transaction (if known):

(a) Unknown

(b) Unknown

(c) Unknown

(d) Unknown

(e) Unknown

The consideration, expressed in New Zealand dollars, paid or received for the

acquisition or disposal. If the consideration was not in cash and cannot be readily by

converted into a cash value, describe the consideration:

(a) Total of NZ$551.80 being NZ$1.24 per ordinary

share

(b) Total of NZ$1,009.36 being NZ$1.24 per ordinary

share

(c) Total of NZ$619.96 being NZ$1.23 per ordinary

share

(d) Total of NZ$649.55 being NZ$1.23 per ordinary

share

(e) Total of NZ$71.39 being NZ$1.21 per ordinary

share

Number of financial products to which the transaction related:

(a) 445

(b) 814

(c) 504

(d) 530

(e) 59

If the issuer has a financial products trading policy that prohibits directors or senior

managers from trading during any period without written clearance (a closed period)

include the following details—

Whether relevant interests were acquired or disposed of during a closed period:Yes

Whether prior written clearance was provided to allow the acquisition or disposal to

proceed during the closed period:

Yes

Date of the prior written clearance (if any):

1-Mar-21

2 - Summary of acquisition or disposal of relevant interest (excluding specified derivatives)

Class of affected quoted financial products:

Ordinary shares in NZ Automotive Investments Limited

Nature of the affected relevant interest(s):

Eugene Williams and TLR Williams Trustee Company

Limited have a relevant interest in 55% of the shares

held by David (Yusuke) Sena and TLR (Sena) Trustee

Service No. 2 Limited as per the Sale Process Deed

dated 15 February 2021 entered into between the

parties, see previous substantial product holder

disclosure made by Eugene Williams on 25 February

2021. A copy of the Sale Process Deed is also

attached to that substantial product holder disclosure

made by Eugene Williams on 25 February 2021.

For that relevant interest-

Number held in class before acquisition or disposal:

11,497,872

Number held in class after acquisition or disposal:

11,495,519

Current registered holder(s):

David (Yusuke) Sena and TLR (Sena) Trustee Service

No. 2 Limited

Registered holder(s) once transfers are registered:

Unknown

Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)

Type of affected derivative:

N/A

Class of underlying financial products:

N/A

Details of affected derivative-

The notional value of the derivative (if any) or the notional amount of underlying financial

products (if any):

N/A

A statement as to whether the derivative is cash settled or physically settled:

N/A

Maturity date of the derivative (if any):
N/A

Expiry date of the derivative(if any):

N/A

The price specified in the terms of the derivative (if any):

N/A

Any other details needed to understand how the amount of the consideration payable

under the derivative or the value of the derivative is affected by the value of the

underlying financial products:

N/A

For that derivative,-

Parties to the derivative:

N/A

If the director or senior manager is not a party to the derivative, the nature of the

relevant interest in the derivative:

N/A

Details of transactions giving rise to acquisition or disposal

Total number of transactions to which notice relates: 5

Details of transactions requiring disclosure-

Date of transaction:

(a) 12 March 2021

(b) 15 March 2021

(c) 16 March 2021

(d) 17 March 2021

(e) 18 March 2021

Nature of transaction:

(a) On market sale

(b) On market sale

(c) On market sale

(d) On market sale

(e) On market sale

Name of any other party or parties to the transaction (if known):

(a) Unknown

(b) Unknown

(c) Unknown

(d) Unknown

(e) Unknown

The consideration, expressed in New Zealand dollars, paid or received for the

acquisition or disposal. If the consideration was not in cash and cannot be readily by

converted into a cash value, describe the consideration:

(a) Total of NZ$551.80 being NZ$1.24 per ordinary

share

(b) Total of NZ$1,009.36 being NZ$1.24 per ordinary

share

(c) Total of NZ$621.20 being NZ$1.23 per ordinary

share

(d) Total of NZ$648.33 being NZ$1.23 per ordinary

share

(e) Total of NZ$72.60 being NZ$1.21 per ordinary

share

Number of financial products to which the transaction related:

(a) 445

(b) 814

(c) 505

(d) 529

(e) 60

If the issuer has a financial products trading policy that prohibits directors or senior

managers from trading during any period without written clearance (a closed period)

include the following details—

Whether relevant interests were acquired or disposed of during a closed period:Yes

Whether prior written clearance was provided to allow the acquisition or disposal to

proceed during the closed period:

Yes

Date of the prior written clearance (if any):

1-Mar-21

Summary of other relevant interests after acquisition or disposal:

Class of quoted financial products:

N/A

Nature of relevant interest:

N/A

For that relevant interest,-

Number held in class:

N/A

Current registered holder(s):

N/A

For a derivative relevant interest,-

Type of derivative:

N/A

Details of derivative,-

The notional value of the derivative (if any) or the notional amount of underlying financial
products (if any):

N/A

A statement as to whether the derivative is cash settled or physically settled:N/A

Maturity date of the derivative (if any):N/A

Expiry date of the derivative (if any):N/A

The price's specified terms (if any):N/A

Any other details needed to understand how the amount of the consideration payable

under the derivative or the value of the derivative is affected by the value of the

underlying financial products:

N/A

For that derivative relevant interest,- N/A

Parties to the derivative:

N/A

If the director or senior manager is not a party to the derivative, the nature of the

relevant interest in the derivative:

N/A

Certification

I, 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.

Signature of director or officer:

Date of signature:

19-Mar-21

or

Signature of person authorised to sign on behalf of director or officer:

Date of signature:

Name and title of authorised person:

19-Mar-21


Ongoing Disclosure Notice

Disclosure of Directors and Senior Managers Relevant Interests

Sections 297(2) and 298(2), Financial Markets Conduct Act 2013

To NZX Limited; and

Name of listed issuer:

NZ Automotive Investments Limited

Date this disclosure made:

19-Mar-21

Date of last disclosure:

12-Mar-21

Director or senior manager giving disclosure

Full name(s):

Tracy Leanne Rowsell

Name of listed issuer:

NZ Automotive Investments Limited

Name of related body corporate (if applicable):

Position held in listed issuer:

Director of NZ Automotive Investments Limited

1 - Summary of acquisition or disposal of relevant interest (excluding specified derivatives)

Class of affected quoted financial products:

Ordinary shares in NZ Automotive Investments Limited

Nature of the affected relevant interest(s):

Sole director and shareholder of TLR (Sena) Trustee

Service No. 2 Limited, which is an independent trustee

company with no beneficial interests, and has the

power to exercise, or to control the exercise of, a right

to vote attached to 20% or more of the voting products

in TLR (Sena) Trustee Service No. 2 Limited. As a

result Tracy Rowsell has a relevant interest in the

shares in NZ Automotive Investments Limited jointly

held by David (Yusuke) Sena and TLR (Sena) Trustee

Service No. 2 Limited (together, the

Sena Trustees).

For that relevant interest-

Number held in class before acquisition or disposal:

20,909,622

Number held in class after acquisition or disposal:

20,907,269

Current registered holder(s):

David (Yusuke) Sena and TLR (Sena) Trustee Service

No.2 Limited

Registered holder(s) once transfers are registered:

Unknown

Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)

Type of affected derivative:

N/A

Class of underlying financial products:

N/A

Details of affected derivative-

The notional value of the derivative (if any) or the notional amount of underlying financial

products (if any):

N/A

A statement as to whether the derivative is cash settled or physically settled:

N/A

Maturity date of the derivative (if any):

N/A

Expiry date of the derivative(if any):

N/A

The price specified in the terms of the derivative (if any):

N/A

Any other details needed to understand how the amount of the consideration payable

under the derivative or the value of the derivative is affected by the value of the

underlying financial products:

N/A

For that derivative,-

Parties to the derivative:

N/A

If the director or senior manager is not a party to the derivative, the nature of the

relevant interest in the derivative:

N/A

Details of transactions giving rise to acquisition or disposal

Total number of transactions to which notice relates: 5

Details of transactions requiring disclosure-
Date of transaction:

(a) 12 March 2021

(b) 15 March 2021

(c) 16 March 2021

(d) 17 March 2021

(e) 18 March 2021

Nature of transaction:

(a) On market sale

(b) On market sale

(c) On market sale

(d) On market sale

(e) On market sale

Name of any other party or parties to the transaction (if known):

(a) Unknown

(b) Unknown

(c) Unknown

(d) Unknown

(e) Unknown

The consideration, expressed in New Zealand dollars, paid or received for the

acquisition or disposal. If the consideration was not in cash and cannot be readily by

converted into a cash value, describe the consideration:

(a) Total of NZ$551.80 being NZ$1.24 per ordinary

share

(b) Total of NZ$1,009.36 being NZ$1.24 per ordinary

share

(c) Total of NZ$621.20 being NZ$1.23 per ordinary

share

(d) Total of NZ$648.33 being NZ$1.23 per ordinary

share

(e) Total of NZ$72.60 being NZ$1.21 per ordinary

share

Number of financial products to which the transaction related:

(a) 445

(b) 814

(c) 505

(d) 529

(e) 60

If the issuer has a financial products trading policy that prohibits directors or senior

managers from trading during any period without written clearance (a closed period)

include the following details—

Whether relevant interests were acquired or disposed of during a closed period:Yes

Whether prior written clearance was provided to allow the acquisition or disposal to

proceed during the closed period:

Yes

Date of the prior written clearance (if any):

1-Mar-21

2 - Summary of acquisition or disposal of relevant interest (excluding specified derivatives)

Class of affected quoted financial products:

Ordinary shares in NZ Automotive Investments Limited

Nature of the affected relevant interest(s):

Sole director and shareholder of TLR Williams Trustee

Company Limited, which is an independent trustee

company with no beneficial interests, and has the

power to exercise, or to control the exercise of, a right

to vote attached to 20% or more of the voting products

in TLR Williams Trustee Company Limited. As a result

Tracy Rowsell has a relevant interest in the shares in

NZ Automotive Investments Limited jointly held by

Eugene Williams and TLR Williams Trustee Company

Limited (together, the

Williams Trustees).

For that relevant interest-

Number held in class before acquisition or disposal:

20,909,621

Number held in class after acquisition or disposal:

20,907,269

Current registered holder(s):

Eugene Williams and TLR Williams Trustee Company

Limited

Registered holder(s) once transfers are registered:

Unknown

Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)

Type of affected derivative:

N/A

Class of underlying financial products:

N/A

Details of affected derivative-

The notional value of the derivative (if any) or the notional amount of underlying financial

products (if any):

N/A

A statement as to whether the derivative is cash settled or physically settled:

N/A

Maturity date of the derivative (if any):
N/A

Expiry date of the derivative(if any):

N/A

The price specified in the terms of the derivative (if any):

N/A

Any other details needed to understand how the amount of the consideration payable

under the derivative or the value of the derivative is affected by the value of the

underlying financial products:

N/A

For that derivative,-

Parties to the derivative:

N/A

If the director or senior manager is not a party to the derivative, the nature of the

relevant interest in the derivative:

N/A

Details of transactions giving rise to acquisition or disposal

Total number of transactions to which notice relates: 5

Details of transactions requiring disclosure-

Date of transaction:

(a) 12 March 2021

(b) 15 March 2021

(c) 16 March 2021

(d) 17 March 2021

(e) 18 March 2021

Nature of transaction:

(a) On market sale

(b) On market sale

(c) On market sale

(d) On market sale

(e) On market sale

Name of any other party or parties to the transaction (if known):

(a) Unknown

(b) Unknown

(c) Unknown

(d) Unknown

(e) Unknown

The consideration, expressed in New Zealand dollars, paid or received for the

acquisition or disposal. If the consideration was not in cash and cannot be readily by

converted into a cash value, describe the consideration:

(a) Total of NZ$551.80 being NZ$1.24 per ordinary

share

(b) Total of NZ$1,009.36 being NZ$1.24 per ordinary

share

(c) Total of NZ$619.96 being NZ$1.23 per ordinary

share

(d) Total of NZ$649.55 being NZ$1.23 per ordinary

share

(e) Total of NZ$71.39 being NZ$1.21 per ordinary

share

Number of financial products to which the transaction related:

(a) 445

(b) 814

(c) 504

(d) 530

(e) 59

If the issuer has a financial products trading policy that prohibits directors or senior

managers from trading during any period without written clearance (a closed period)

include the following details—

Whether relevant interests were acquired or disposed of during a closed period:Yes

Whether prior written clearance was provided to allow the acquisition or disposal to

proceed during the closed period:

Yes

Date of the prior written clearance (if any):

1-Mar-21

3 - Summary of acquisition or disposal of relevant interest (excluding specified derivatives)

Class of affected quoted financial products:

Ordinary shares in NZ Automotive Investments Limited

Nature of the affected relevant interest(s):
The Sena Trustees and the Williams Trustees have

entered into a Sale Process Deed dated 15 February

2021, see previous substantial product holder

disclosure made on 25 February 2021. As a result, both

the Sena Trustees and the Williams Trustees have a

relevant interest in 55% of the shares held by the

others. A copy of the Sale Process Deed is attached to

that previous substantial product holder disclosure

made on 25 February 2021 by Tracy Rowsell. Tracy

Rowsell is the sole director and shareholder of each of

TLR (Sena) Trustee Service No. 2 Limited (one of the

Sena Trustees) and TLR Williams Trustee Company

Limited (one of the Williams Trustees), both of which

are independent trustee companies with no beneficial

interests. Tracy Rowsell has the power to exercise, or

to control the exercise of, a right to vote attached to

20% or more of the voting products in both TLR (Sena)

Trustee Service No. 2 Limited and TLR Williams

Trustee Company Limited. As a result, Tracy Rowsell

has a relevant interest in the Sena Trustees' and the

William Trustees' respective interest in 55% of the

shares held by the others.

For that relevant interest-

Number held in class before acquisition or disposal:

22,995,743

Number held in class after acquisition or disposal:

22,991,038

Current registered holder(s):

David (Yusuke) Sena and TLR (Sena) Trustee Service

No.2 Limited, and Eugene Williams and TLR Williams

Trustee Company Limited

Registered holder(s) once transfers are registered:

Unknown

Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)

Type of affected derivative:

N/A

Class of underlying financial products:

N/A

Details of affected derivative-

The notional value of the derivative (if any) or the notional amount of underlying financial

products (if any):

N/A

A statement as to whether the derivative is cash settled or physically settled:

N/A

Maturity date of the derivative (if any):

N/A

Expiry date of the derivative(if any):

N/A

The price specified in the terms of the derivative (if any):

N/A

Any other details needed to understand how the amount of the consideration payable

under the derivative or the value of the derivative is affected by the value of the

underlying financial products:

N/A

For that derivative,-

Parties to the derivative:

N/A

If the director or senior manager is not a party to the derivative, the nature of the

relevant interest in the derivative:

N/A

Details of transactions giving rise to acquisition or disposal

Total number of transactions to which notice relates: 10

Details of transactions requiring disclosure-

Date of transaction:

(a) Sena Trustees: 12 March 2021; Williams Trustees:

12 March 2021

(b) Sena Trustees: 15 March 2021; Williams Trustees:

15 March 2021

(c) Sena Trustees: 16 March 2021; Williams Trustees:

16 March 2021

(d) Sena Trustees: 17 March 2021; Williams Trustees:

17 March 2021

(e) Sena Trustees: 18 March 2021; Williams Trustees:

18 March 2021

Nature of transaction:
(a) Sena Trustees: On market sale; Williams Trustees:

On market sale

(b) Sena Trustees: On market sale; Williams Trustees:

On market sale

(c) Sena Trustees: On market sale; Williams Trustees:

On market sale

(d) Sena Trustees: On market sale; Williams Trustees:

On market sale

(e) Sena Trustees: On market sale; Williams Trustees:

On market sale

Name of any other party or parties to the transaction (if known):

(a) Sena Trustees: Unknown; Williams Trustees:

Unknown

(b) Sena Trustees: Unknown; Williams Trustees:

Unknown

(c) Sena Trustees: Unknown; Williams Trustees:

Unknown

(d) Sena Trustees: Unknown; Williams Trustees:

Unknown

(e) Sena Trustees: Unknown; Williams Trustees:

Unknown

The consideration, expressed in New Zealand dollars, paid or received for the

acquisition or disposal. If the consideration was not in cash and cannot be readily by

converted into a cash value, describe the consideration:

(a) Sena Trustees: Total of NZ$551.80 being NZ$1.24

per ordinary share; Williams Trustees: Total of

NZ$551.80 being NZ$1.24 per ordinary share

(b) Sena Trustees: Total of NZ$1,009.36 being

NZ$1.24 per ordinary share; Williams Trustees: Total

of NZ$1,009.36 being NZ$1.24 per ordinary share

(c) Sena Trustees: Total of NZ$621.20 being NZ$1.23

per ordinary share; Williams Trustees: Total of

NZ$619.96 being NZ$1.23 per ordinary share

(d) Sena Trustees: Total of NZ$648.33 being NZ$1.23

per ordinary share; Williams Trustees: Total of

NZ$649.55 being NZ$1.23 per ordinary share

(e) Sena Trustees: Total of NZ$72.60 being NZ$1.21

per ordinary share; Williams Trustees: Total of

NZ$71.39 being NZ$1.21 per ordinary share

Number of financial products to which the transaction related:

(a) Sena Trustees: 445; Williams Trustees: 445

(b) Sena Trustees: 814; Williams Trustees: 814

(c) Sena Trustees: 505; Williams Trustees: 504

(d) Sena Trustees: 529; Williams Trustees: 530

(e) Sena Trustees: 60; Williams Trustees: 59

If the issuer has a financial products trading policy that prohibits directors or senior

managers from trading during any period without written clearance (a closed period)

include the following details—

Whether relevant interests were acquired or disposed of during a closed period:Yes

Whether prior written clearance was provided to allow the acquisition or disposal to

proceed during the closed period:

Yes

Date of the prior written clearance (if any):

1-Mar-21

Summary of other relevant interests after acquisition or disposal:

Class of quoted financial products:

N/A

Nature of relevant interest:

N/A

For that relevant interest,-

Number held in class:

N/A

Current registered holder(s):

N/A

For a derivative relevant interest,-

Type of derivative:

N/A

Details of derivative,-

The notional value of the derivative (if any) or the notional amount of underlying financial

products (if any):

N/A

A statement as to whether the derivative is cash settled or physically settled:N/A

Maturity date of the derivative (if any):N/A

Expiry date of the derivative (if any):N/A

The price's specified terms (if any):N/A

Any other details needed to understand how the amount of the consideration payable

under the derivative or the value of the derivative is affected by the value of the

underlying financial products:

N/A

For that derivative relevant interest,- N/A

Parties to the derivative:
N/A

If the director or senior manager is not a party to the derivative, the nature of the

relevant interest in the derivative:

N/A

Certification

I, 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.

Signature of director or officer:

Date of signature:

19-Mar-21

or

Signature of person authorised to sign on behalf of director or officer:

Date of signature:

Name and title of authorised person:

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.

  • CHI — Channel Infrastructure NZ Limited: Senior Managers – Ongoing Disclosure Notices
    2021-06-04

    Ongoing Disclosure Notice Disclosure of Directors and Senior Managers Relevant Interests Sections 297(2) and 298(2), Financial Markets Conduct Act 2013 To NZX Limited; and Name of listed issuer: The New Zealand Refining Company Limited Date this disclosure made: 04-Jun-21 Dat…”

  • CEN — Contact Energy Limited: D&O Ongoing Disclosure
    2021-04-06

    Ongoing Disclosure Notice Disclosure of Directors and Senior Managers Relevant Interests Sections 297(2) and 298(2), Financial Markets Conduct Act 2013 To NZX Limited; and Name of listed issuer: Contact Energy Limited Date this disclosure made:7 April 2021 Date of last disclosu…”

  • NZX — NZX Limited: D & O Ongoing Disclosures – multiple
    2021-03-14

    Ongoing Disclosure Notice Disclosure of Directors and Senior Managers Relevant Interests Sections 297(2) and 298(2), Financial Markets Conduct Act 2013 To NZX Limited; and Name of listed issuer: NZX Limited Date this disclosure made: 15-Mar-21 Date of last disclosure: 23-Sep-…”