SPH Notice – Devaron Ltd and Hg Pooled Management Ltd
100326820/6328641.1 1
Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To NZX Limited
and
To Gentrack Group Limited
Date this disclosure made: 21 June 2021
Date last disclosure made: 17 June 2021
Date on which substantial holding ceased: 21 June 2021
Substantial product holder giving disclosure
Full names: Devaron (NZ) Limited and Hg Pooled Management Limited
Summary of previous substantial holding
Class of quoted voting products: Ordinary shares (NZX code: GTK)
Summary for Devaron (NZ) Limited and Hg Pooled Management Limited
For last disclosure,—
(a) total number held in class: 11,191,471
(b) total in class: 98,894,829
(c) total percentage held in class: 11.316%
For current holding after ceasing to have substantial holding,—
(a) total number held in class: 0
(b) total in class: 98,894,829
(c) total percentage held in class: 0.000%
Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure: On 17 June 2021, Devaron
(NZ) Limited sold 11,191,471 ordinary shares in Gentrack Group Limited on market at a
sale price of NZ$2.00 per share (being $22,382,942.00 in aggregate). Settlement of that
trade has now occurred.
Additional information
Address of substantial product holder: Devaron (NZ) Limited - TMF Group, Level 11, 41
Shortland Street, Auckland, 1010, New Zealand
Addresses of substantial holder: Hg Pooled Management Limited – 2 More London
Riverside, London SE1 2 AP, United Kingdom
Contact details: Moynul Ali, +44 207 089 7931, moynul.ali@hgcapital.com
100326820/6328641.1 2
Nature of connection between substantial product holders: Hg Pooled Management Limited
had the power to control the exercise of the right to vote attaching to the shares held by
Devaron (NZ) Limited and the power to control the acquisition or disposition of the shares
held by Devaron (NZ) Limited.
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: N/A
Certification
I, Moynul Ali, 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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