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CAR GROUP LIMITED — Major Shareholding Notification 2020
Sep 23, 2020
64605_rns_2020-09-23_8c01fdf8-45c6-4197-afe8-08f2b8c9345c.pdf
Major Shareholding Notification
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Form 603 Corporations Act 2001 Section 671B
Notice of initial substantial holder
To Company Name/Scheme Plenti Group Limited
ACN/ARSN 643 435 492
1. Details of substantial holder (1)
Name carsales.com Limited (ACN 074 444 018) and carsales Finance Pty Ltd (ACN 600 271 449) ACN/ARSN (if applicable)
The holder became a substantial holder on 23 / 09 / 2020
2. Details of voting power
The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:
| Class of securities(4) | Number of securities | Person’s votes(5) | Voting power(6) |
|---|---|---|---|
| Ordinary shares | 16,085,286 | 16,085,286 | 9.53% |
3. Details of relevant interests
The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:
| Holder of relevant interest | Nature of relevant interest(7) | Class and number of securities |
|---|---|---|
| carsales Finance Pty Ltd (CF) | Relevant interest under section 608(1)(a) of the_Corporations Act_ 2001 (Cth)(Act) as the registered holder of shares. |
5,368,908 ordinary shares |
| carsales.com Limited (CAR) | Relevant interest under section 608(3)(b) of the Act as result of holding 100% of the issued share capital of CF, which is the registered holder of shares. |
5,368,908 ordinary shares |
| CAR | Relevant interest under section 608(1)(a) of the Act as the registered holder of shares. |
10,716,378 ordinary shares |
4. Details of present registered holders
The persons registered as holders of the securities referred to in paragraph 3 above are as follows:
| Holder of relevant interest | Registered holder of securities |
Person entitled to be registered as holder(8) |
Class and number of securities |
|---|---|---|---|
| CF | CF | CF | 5,368,908 ordinary shares |
| CAR | CF | CF | 5,368,908 ordinary shares |
| CAR | CAR | CAR | 10,716,378 ordinary shares |
5. Consideration
The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:
| Holder of relevant interest | Date of acquisition | Date of acquisition | Consideration (9) | Consideration (9) | Class and number of securities |
|---|---|---|---|---|---|
| Cash | Non-cash | ||||
| n/a | |||||
| ates s the persons named in paragraph 3 above are associates of the substantial holder are as follows: |
|||||
| Name and ACN/ARSN (if applicable) | Nature of association | ||||
| CAR | CAR holds 100% of the issued share capital of CF |
6. Associates
The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:
7. Addresses
The addresses of persons named in this form are as follows:
| Name | Address |
|---|---|
| CAR | Level 4, 449 Punt Road, Richmond VIC 3121 |
| CF | Level 4, 449 Punt Road, Richmond VIC 3121 |
Signature
| print nameNicole Birman | capacity | Company Secretary |
|---|---|---|
| sign here | Date | 24 / 09 / 2020 |