Slovar Limited — Major Shareholding Notification 2014

Jun 30, 2014

From: MILFORD ASSET MANAGEMENT AKL To: 0800449707
01/07/2014 12:27 #781 P.001/004
605 page 1/2 15 July 2001

Form 605

Corporations Act 2001

Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme
Honey3 Corporation Limited

ACN/ARSN
63117296143

1. Details of substantial holder(1)

Name
Milford Asset Management

ACN/ARSN (if applicable)
N/A

The holder ceased to be a substantial holder on
27/06/2014

The previous notice was given to the company on
04/12/2013

The previous notice was dated
04/12/2013

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 or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (4)	Consideration given in relation to change(5)	Class (6) and number of securities affected	Person's votes affected
*	See Attached *

3. Changes in association

The persons who have become associates (3) 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

4. Addresses

The addresses of persons named in this form are as follows:

Name	Address
MILFORD ASSET MANAGEMENT	LEVEL 17, 41 SHEETLAND STREET, AUCKLAND
	1140, NEW ZEALAND

Signature

print name
Mark Ryngard
capacity
Risk and Compliance Manager
sign here

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605 page 2/2 15 July 2001

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 4 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.

01/07/2014 12:27

781 P.002/004

TO: 0800449707
FROM: MILFORD ASSET MANAGEMENT AKL

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From: MILFORD ASSET MANAGEMENT AKL
To: 0800449707
01/07/2014 12:27

781 P.003/004

Date of Change	Person whose relevant Interest changed	Nature of change	Consideration given in relation to change	Number of securities affected	Class of shares
12-Dec-19	Milford Asset Management	Buy	18,847.00	20,000.00	Ordinary Shares
15-Dec-19	Milford Asset Management	Buy	9,325.00	10,000.00	Ordinary Shares
16-Dec-19	Milford Asset Management	Buy	490,216.15	975,000.00	Ordinary Shares
14-Jan-14	Milford Asset Management	Buy	24,118.46	24,013.00	Ordinary Shares
18-Jan-14	Milford Asset Management	Buy	12,741.88	12,500.00	Ordinary Shares
20-Jan-14	Milford Asset Management	Buy	38,589.75	40,000.00	Ordinary Shares
22-Jan-14	Milford Asset Management	Buy	15,037.50	15,000.00	Ordinary Shares
23-Jan-14	Milford Asset Management	Buy	18,849.50	20,000.00	Ordinary Shares
28-Jan-14	Milford Asset Management	Buy	19,592.84	20,000.00	Ordinary Shares
30-Jan-14	Milford Asset Management	Buy	5,074.50	5,000.00	Ordinary Shares
5-Feb-14	Milford Asset Management	Buy	19,807.40	20,000.00	Ordinary Shares
12-Feb-14	Milford Asset Management	Sell	-263,029.60	-257,859.00	Ordinary Shares
13-Feb-14	Milford Asset Management	Sell	-73,054.52	-71,766.00	Ordinary Shares
14-Feb-14	Milford Asset Management	Sell	-77,407.87	-75,846.00	Ordinary Shares
17-Feb-14	Milford Asset Management	Sell	-24,684.31	-24,132.00	Ordinary Shares
18-Feb-14	Milford Asset Management	Buy	14,614.09	14,155.00	Ordinary Shares
25-Feb-14	Milford Asset Management	Buy	106,260.00	100,000.00	Ordinary Shares
26-Feb-14	Milford Asset Management	Buy	201,808.75	100,000.00	Ordinary Shares
28-Feb-14	Milford Asset Management	Buy	10,410.40	10,000.00	Ordinary Shares
3-Mar-14	Milford Asset Management	Buy	10,225.50	10,000.00	Ordinary Shares
4-Mar-14	Milford Asset Management	Buy	10,125.50	10,000.00	Ordinary Shares
5-Mar-14	Milford Asset Management	Buy	10,05.60	5,000.00	Ordinary Shares
14-Mar-14	Milford Asset Management	Sell	-103,432.75	-100,000.00	Ordinary Shares
24-Mar-14	Milford Asset Management	Sell	-84,932.89	-81,491.00	Ordinary Shares
26-Mar-14	Milford Asset Management	Buy	10,474.46	10,000.00	Ordinary Shares
27-Mar-14	Milford Asset Management	Sell	-78,095.30	-75,000.00	Ordinary Shares
9-Apr-14	Milford Asset Management	Sell	-82,347.31	-78,662.00	Ordinary Shares
10-Apr-14	Milford Asset Management	Sell	-72,232.65	-65,000.00	Ordinary Shares
24-Apr-14	Milford Asset Management	Buy	12,136.38	20,996.00	Ordinary Shares
28-Apr-14	Milford Asset Management	Buy	111,879.25	100,000.00	Ordinary Shares
5-May-14	Milford Asset Management	Buy	39,482.49	33,450.00	Ordinary Shares
6-May-14	Milford Asset Management	Buy	43,944.43	36,550.00	Ordinary Shares
15-May-14	Milford Asset Management	Sell	-24,011.76	-22,191.00	Ordinary Shares
15-May-14	Milford Asset Management	Buy	57,081.64	52,131.00	Ordinary Shares
20-Jun-14	Milford Asset Management	Buy	223,741.52	200,000.00	Ordinary Shares
16-Jun-14	Milford Asset Management	Buy	239.53	484.00	Ordinary Shares
18-Jun-14	Milford Asset Management	Buy	9,005.19	8,011.00	Ordinary Shares
19-Jun-14	Milford Asset Management	Sell	-40,677.60	-40,000.00	Ordinary Shares
20-Jun-14	Milford Asset Management	Sell	-201,808.00	-200,000.00	Ordinary Shares
23-Jun-14	Milford Asset Management	Sell	-201,925.56	-200,000.00	Ordinary Shares
25-Jun-14	Milford Asset Management	Sell	-130,180.92	-126,056.00	Ordinary Shares
26-Jun-14	Milford Asset Management	Sell	-297,126.56	-277,029.00	Ordinary Shares
27-Jun-14	Milford Asset Management	Sell	-116,859.99	-118,715.00	Ordinary Shares

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From: MILFORD ASSET MANAGEMENT AKL To: 0800449707 01/07/2014 12:28 #781 P.004/004