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QUESTE COMMUNICATIONS LIMITED — Director's Dealing 2012
Apr 17, 2012
65653_rns_2012-04-17_e3ab61af-d9ae-494e-94ad-75bee2683b5d.pdf
Director's Dealing
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Wednesday, 18 April 2012
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MARKET ANNOUNCEMENT
Intention of Shareholders to Dispose Shares
The Company refers to a Notice of General Meeting and Explanatory Statement dated 24 April 2012 and released on ASX on 2 March 2012 ( NOM ) for a General Meeting of Bentley Capital Limited (ASX: BEL) which occurred on 4 April 2012.
In the NOM:
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(a) Data Base Systems Limited ( DBS ) and Mrs Ambreen Chaudhri stated their intention to dispose of their entire shareholding in Queste (whether or not the resolution the subject of the NOM was approved); and
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(b) Mr Farooq Khan stated his intention (if the resolution the subject of the NOM is approved) to reduce his shareholding in Queste such that his voting power in Queste is below 20%.
The resolution the subject of the NOM was passed by Bentley shareholders at the 4 April 2012 general meeting.[1]
The Company notes that:
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(i) DBS currently holds 826,950 shares (representing 2.76% voting power) in Queste;
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(ii) Mrs Chaudhri currently holds 386,500 shares in Queste (representing 1.29% voting power); and
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(iii) Mr Khan (and controlled companies) currently holds a total of 6,129,944 shares in Queste (representing 20.48% voting power).
The Company confirms that, pursuant to ASX Listing Rules, it will lodge a Director’s Change of Interest Notice on ASX if Mr Khan (being a Director of the Company) changes his shareholding in the Company.
Further information:
Victor Ho Company Secretary
T | (08) 9214 9777 E | [email protected]
1 - - Refer Bentley ASX market announcement dated 4 April 2012 and entitled “Results of General Meeting 4 April 2012 Approval of Acquisition of Shares”
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www.queste.com.au QUESTE COMMUNICATIONS LTD
A.B.N. 58 081 688 164
Level 14, 221 St Georges Terrace, Perth WA 6000 | + 61 (8) 9214 9777 F
F | + 61 (8) 9322 1515