NOT PRICE SENSITIVE
REL: 0840 HRS Rakon Limited
SSH: RAK: SSH Notice - Siward Crystal Technology Co., Ltd.
Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013
Note: This form must be completed in accordance with the instructions at the
end of the form.
To NZX Limited
To Rakon Limited
Date this disclosure made: 15 February 2017
Date on which substantial holding began: 15 February 2017
Substantial product holder(s) giving disclosure
Full name(s): Siward Crystal Technology Co., Ltd.
Summary of substantial holding
Class of quoted voting products: ordinary shares
Summary for Siward Crystal Technology Co., Ltd.
For this disclosure,--
(a) total number held in class: 38,016,681
(b) total in class: 229,055,272
(c) total percentage held in class: 16.597%
Details of relevant interests
Details for Siward Crystal Technology Co., Ltd.
Nature of relevant interest(s): registered holder and beneficial owner of
A relevant agreement document need not be attached under regulation 139 as
the exemption for ownership relevant interests under regulation 141 applies.
For that relevant interest,--
(a) number held in class: 38,016,681
(b) percentage held in class: 16.597%
(c) current registered holder(s): not applicable
(d) registered holder(s) once transfers are registered: Siward Crystal
Technology Co., Ltd.
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
Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure: Further to
a subscription agreement dated 19 December 2016, Siward Crystal Technology
Co., Ltd. subscribed for 38,016,681 new ordinary shares to be issued on 15
February 2017, for a total consideration of US$10 million (approximately
NZ$13.9 million as at 15 February 2017). Prior to the subscription, Siward
Crystal Technology Co., Ltd. held no relevant interest in any quoted voting
products of Rakon Limited.
Address(es) of substantial product holder(s): No 1-1 Lane 111 Sec.3 Zhongshan
Rd. Tanzi Dist, Taichung, Taiwan
Contact details: Lynn Huang, firstname.lastname@example.org Tel: 886-4-25347909
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
I, J.M. Tseng, 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.
End CA:00296774 For:RAK Type:SSH Time:2017-02-15 08:40:10