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Notice Of A Substantial Shareholder's Interest

BackSep 27, 2012
Part I
1. Date of notice to issuer 27/09/2012
2. Name of Substantial Shareholder IFG International Trust Company Limited as trustee of a discretionary trust
3. Notice Type Notice of a New Substantial Shareholder's interest.
Part II
1. Date of change of Shareholding 25/09/2012
2. Name of Registered Holder Exa Limited
3. Circumstance(s) giving rise to the interest or change in interest # Others

Allotment of 17,185,585 shares acquired via a Placement Agreement. IFG International Trust Company Limited as trustee of a discretionary trust is deemed interested in the shares of Grand Banks Yachts Limited held by Exa Limited
4. Information relating to shares held in the name of the Registered Holder
 
No. of Shares held before the change 0
As a percentage of issued share capital 0 %
No. of Shares which are subject of this notice 17,185,585
As a percentage of issued share capital 14.90 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received 0.2725
No. of Shares held after the change 17,185,585
As a percentage of issued share capital 14.9 %
Part III - Not Required
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 0
As a percentage of issued share capital 0 % 0 %
No. of shares held after the change 0 17,185,585
As a percentage of issued share capital 0 % 14.90 %
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