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QUESTE COMMUNICATIONS LIMITED — Major Shareholding Notification 2009
Mar 17, 2009
65653_rns_2009-03-17_cc2acf50-f076-4c90-b1ae-bca8c85e81e0.pdf
Major Shareholding Notification
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Form 605 Corporations Act 2001 Section 671B Notice of ceasing to be a substantial holder
To Company Name/Scheme SCARBOROUGH EQUITIES LIMITED (SCB)
ACN/ARSN 58 061 278 045
1. Details of substantial holder (1)
| Name | ACN / ABN | |
|---|---|---|
| ORION EQUITIES LIMITED | (OEQ) | ABN 77 000 742 843 |
| QUESTE COMMUNICATIONS LTD | (QUE) | ABN 58 081 688 164 |
| FAROOQ KHAN | (F KHAN) | |
| ISLAND AUSTRALIA PTY LTD | (ISLAND) | A.C.N. 073 447 300 |
| SKIN-PLEX LABORATORIES PTY LTD | (SKIN-PLEX) | A.C.N. 009 424 560 |
| THE ESSENTIAL EARTH PTY LTD | (ESSENTIAL) | A.C.N. 009 029 305 |
| There was a change in the interests of the substantial holders on: | 13 March 2009 | |
| The previous notice was given to the company on: | 5 July 2006 | |
| The previous notice was dated: | 5 July 2006 |
2. Changes in relevant interests
Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company are as follows:
| Date ofchange | Person whoserelevant interestchanged | Nature of change (4) | Consideration given inrelation to change (5) | Class (6) andnumber ofsecuritiesaffected | Person'svotesaffected |
|---|---|---|---|---|---|
| 13 March2009 | The parties named in(1) | SCB shares transferred to BEL as consideration forthe acquisition of SCB by BEL pursuant to a nettangible asset (NTA) for NTA value scrip mergervia a scheme of arrangement between BEL andSCB. | 5,619,645 | 5,619,645 | |
| OEQ for each SCB share held by OEQ.received8,925,845consideration.was delisted from ASX on 16 March 2009. | A ratio of 1.588329 BEL shares were issued toOEQnewBELsharesasSCB is now a wholly owned subsidiary of BEL and |
3. Changes in association
The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:
| Name and ACN/ARSN (if applicable) | Nature of association |
|---|---|
| N/A | N/A |
4. Addresses
The addresses of persons named in this form are as follows:
Name Address
| Bentley Capital Limited ABN 87 008108 218 (BEL) | Suite 202, Angela House, 30-36 Bay Street, Double BayNew South Wales 2028 |
|---|---|
| OEQ | Level 14, The Forrest Centre, 221 St Georges Terrace, Perth, Western Australia 6000 |
| QUE | Level 14, The Forrest Centre, 221 St Georges Terrace, Perth, Western Australia 6000 |
| F KHAN | Level 14, The Forrest Centre, 221 St Georges Terrace, Perth, Western Australia 6000 |
| ISLAND | C/- Attewells, Ground Floor, 83 Havelock Street, West Perth, Western Australia 6005 |
| SKIN-PLEX | C/- Attewells, Ground Floor, 83 Havelock Street, West Perth, Western Australia 6005 |
| ESSENTIAL | C/- Attewells, Ground Floor, 83 Havelock Street, West Perth, Western Australia 6005 |
Signature
| sign here | Date | 17 March 2009 | |
|---|---|---|---|
| print name | WILLIAM JOHNSON | capacity | Director of OEQ |
| sign here | Date | ||
| 17 March 2009 | |||
| print name | VICTOR HO | capacity | Secretary of QUE |
| sign here | Date | 17 March 2009 | |
| Personally and as Director of ISLAND, SKIN-PLEX | |||
| print name | FAROOQ KHAN | capacity | and ESSENTIAL |
DIRECTIONS
- (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.
- (2) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
- (3) See the definition of "associate" in section 9 of the Corporations Act 2001.
- (4) Include details of:
- (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
- (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).
See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.
- (5) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.
- (6) The voting shares of a company constitute one class unless divided into separate classes.
- (7) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.