SPH Notices - Takutai Limited

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 Metro Performance Glass Limited
Relevant event being disclosed: Movement of 1% or more in substantial holding and
change in nature of relevant interest
Date of relevant event: 25 September 2024
Date this disclosure made: 25 September 2024
Date last disclosure made: 18 July 2023
Substantial product holder giving disclosure
Full name: Takutai Limited (‘Takutai’)
Summary of substantial holding
Class of quoted voting products: Ordinary shares in Metro Performance Glass Limited
(‘MPG’)
Summary for Takutai
For this disclosure,—
(a) total number held in class: 20,289,230
(b) total in class: 185,378,086
(c) total percentage held in class: 10.945%
For last disclosure,—
1

(a) total number held in class: 46,566,659
(b) total in class: 185,378,086
(c) total percentage held in class: 25.120%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure: On 25 September 2024,
Takutai and Masfen Securities Limited agreed to terminate the co-operation and process
agreement (‘Co-operation Agreement’) dated 17 July 2023 between the parties (as
disclosed in the previous substantial product holder notice dated 18 July 2023).

1
Takutai’s last SPH notice of 18 July 2023 aggregated Takutai’s relevant interest in MPG shares,
together with relevant interest in MPG shares of Masfen Securities Limited, Peter Masfen, Anatole Masfen
and Raphael Yan (and/or interests associated with them).

2

Accordingly:
 Takutai has ceased to have the power to indirectly control the acquisition or
disposal of additional quoted voting products of MPG that are subject of the Co-
operation Agreement; and
 there ceases to be a qualification on Takutai’s power to indirectly control the
disposal of the quoted voting products of MPG held by Takutai pursuant to the
terms of the Co-operation Agreement.
Details after relevant event
Details for Takutai
Nature of relevant interest: Registered or beneficial holder of ordinary shares in MPG
For that relevant interest,—
(a) number held in class: 20,289,230
(b) percentage held in class: 10.945%
(c) current registered holder: No change since previous disclosures
(d) registered holder once transfers are registered: Not applicable
Additional information
Address(es) of substantial product holder: 1 Musick Point Road, Bucklands Beach, Auckland
2012
Contact details: Peter Wells | 021 476 938 | peter@takutai.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: Masfen Securities Limited
Certification
I, Peter Kevin Wells, 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.