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SERVCORP LIMITED — Director's Dealing 2007
Aug 21, 2007
65859_rns_2007-08-21_57dcb14c-86cf-4f52-a5c2-62e30ca257e4.pdf
Director's Dealing
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22 August 2007
The Manager Company Announcements Office Australian Stock Exchange Limited By Electronic Lodgement
Dear Sir
Servcorp Limited (SRV) Change of Director’s Interest
Mr Taine Moufarrige, Executive Director, has notified SRV of a change of his interest in the Company.
The change of interest has arisen by reason of a Deed of Covenant made on 1 April 2004 between Sovori Pty Ltd (“Sovori”) and Spigoli Pty Ltd (“Spigoli”). Mr Moufarrige is a director of Spigoli. In this Deed Sovori has agreed with Spigoli to exercise its powers to transfer assign and set over to Spigoli one million eight hundred thousand (1,800,000) ordinary shares in Servcorp Limited. The shares will not transfer to Spigoli until a future date subsequent to certain events occurring.
Mr Moufarrige has advised the Company that he had previously sought legal advice on the disclosure of this interest and had been advised that the Deed of Covenant did not give rise to a relevant interest in shares in Servcorp, due to the future condition included in the Deed. Accordingly Mr Moufarrige did not notify the Company.
Subsequent legal advice received by Mr Moufarrige today has stated that Mr Moufarrige may have a relevant interest in the broadest sense. Mr Moufarrige, acting in good faith, has therefore notified the Company of this relevant interest on the basis of the new legal advice.
Details of the interest are disclosed on the following Appendix 3Y.
Yours faithfully
Greg Pearce Company Secretary
GLP:ad:c:\announcements\directors:appendix_3Y_tmoufarrige8_let.doc:220807
Level 17, BNP Paribas Centre 60 Castlereagh Street Sydney NSW 2000, Australia
Tel: (612) 9231 7500 Fax: (612) 9231 7665 www.servcorp.net
Over 60 locations worldwide. Australia - New Zealand - Japan - China - SE Asia - Europe - Middle East Servcorp Limited ABN 97 089 222 506
Rule 3.19A.2
Appendix 3Y
Change of Director’s Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.
Introduced 30/9/2001.
Name of entity Servcorp Limited ABN 97 089 222 506
We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.
| Name of Director | Taine Alexander George Moufarrige |
|---|---|
| Date of last notice | 28 June 2006 |
Part 1 - Change of director’s relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
| Direct or indirect interest | Direct or indirect interest | Indirect | Indirect | Indirect | ||
|---|---|---|---|---|---|---|
| Nature of indirect interest | Deed of Covenant to transfer assign and set | |||||
| (including registered holder)Note: Provide details of the circumstances giving rise to thel i | over to Spigoli Pty Ltd 1,800,000 ordinaryshares held by Sovori Pty Ltd. Refer to | |||||
| reevant nterest. | accompanying letter.Interest–Director of Spigoli | |||||
| Date of change | 1 April 2004 | |||||
| No. of securities held prior to change | Direct59,992Ordinary Shares | |||||
| Indirect NilOrdinary Shares | ||||||
| Class | Ordinary Shares | |||||
| Number acquired | Indirect 1,800,000Ordinary Shares | |||||
| Number disposed | Nil | |||||
| Value/ConsiderationNote: If consideration is non-cash provide details and estimated | $Nil cash or non-cash | |||||
| ,valuation | ||||||
| No. of securities held after change | Direct59,992Ordinary SharesIndirect 1,800,000Ordinary Shares | |||||
| Nature of change | Refer to accompanying letter | |||||
| Example: on-market trade, off-market trade, exercise of optionsissueofsecuritiesunderdividendreinvestmentplanparticipation in buy-back | ,, | |||||
| GLP:ad:c:\announcements\directors:appendix_3Y_tmoufarrige8.doc.doc:22080 |
GLP:ad:c:\announcements\directors:appendix_3Y_tmoufarrige8.doc.doc:220807
Part 2 – Change of director’s interests in contracts
Detail of contract Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change