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SPH Notice – Borneo Capital Limited

Substantial Holder Notice29 August 2022GENFinancials

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 General Capital Limited

Relevant event being disclosed: Movement of 1% or more in substantial holding

Date of relevant event: 12 July 2022

Date this disclosure made: 30 August 2022

Date last disclosure made: 28 September 2021

Substantial product holder(s) giving disclosure

Full name(s): Borneo Capital Limited

Summary of substantial holding

Class of quoted voting products: Ordinary Shares in General Capital Limited

Summary for Borneo Capital Limited

For this disclosure,—

(a) total number held in class: 63,477,501

(b) total in class: 212,657,496

(c) total percentage held in class: 29.850%

For last disclosure,—

(a) total number held in class: 63,388,991

(b) total in class: 171,207,112

(c) total percentage held in class: 37.025%

Details of transactions and events giving rise to relevant event

Details of the transactions or other events requiring disclosure:

Between 12 July 2022 and 29 July 2022, Borneo Capital Limited acquired, in aggregate,

approximately 88,510 ordinary shares in General Capital Limited through a total of 28 on-

market trades executed via Sharesies. The details of each transaction are as set out the

Schedule to this notice. While the number of ordinary shares acquired by Borneo Capital

Limited represented only 0.42% of the current shares on issue in General Capital Limited,

in the period between this disclosure and the last disclosure made by Borneo Capital

Limited, the number of ordinary shares on issue in General Capital Limited increased by

approximately 24%.


2

Details after relevant event

Details for Borneo Capital Limited

Nature of relevant interest(s): registered holder and beneficial owner of ordinary shares in

General Capital Limited

For that relevant interest,—

(a) number held in class: 63,477,501

(b) percentage held in class: 29.850%

(c) current registered holder(s): Unknown

(d) registered holder(s) once transfers are registered: Borneo Capital Limited

Additional information

Address(es) of substantial product holder(s): Borneo Capital Limited, Telfer Chartered

Accountants Limited, 2 Blue Penguin Drive, Kerikeri 0294, New Zealand

Contact details: Rewi Bugo, +6012 887 8888, rewibugo@gmail.com

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: Not applicable.

Disclosure has effect for purposes of directors’ and senior managers’ disclosure

Rewi Bugo (who is a director of, and owns the shares in, Borneo Capital Limited) is also a

director of General Capital Limited. This disclosure also constitutes disclosure for the

purposes of the directors’ and senior managers’ disclosure obligations.

Certification

I, Rewi Bugo, 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.


3

Schedule

Date Shares Purchased

Consideration paid

(NZD)

12/07/2022 3754.810852 $199.00

13/07/2022 3754.810852 $199.00

14/07/2022 3754.810852 $199.00

18/07/2022 3754.810852 $199.00

18/07/2022 3754.810852 $199.00

19/07/2022 3754.810852 $199.00

19/07/2022 1877.405426 $99.50

19/07/2022 1877.405426 $99.50

21/07/2022 1776.830135 $99.50

21/07/2022 1776.830135 $99.50

22/07/2022 1776.830135 $99.50

22/07/2022 1776.830135 $99.50

22/07/2022 3553.66027 $199.00

25/07/2022 3553.66027 $199.00

25/07/2022 3553.66027 $199.00

26/07/2022 3553.66027 $199.00

26/07/2022 3553.66027 $199.00

26/07/2022 3491.315353 $199.00

27/07/2022 3491.315353 $199.00

27/07/2022 3491.315353 $199.00

27/07/2022 3431.120261 $199.00

27/07/2022 3431.120261 $199.00

27/07/2022 3431.120261 $199.00

28/07/2022 3316.749586 $199.00

28/07/2022 3316.749586 $199.00

29/07/2022 3316.749586 $199.00

29/07/2022 3316.749586 $199.00

29/07/2022 3316.749586 $199.00

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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