Investor Centre

Investor Centre

Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest

Back 25 Mar 2011
Part I
1. Date of notice to issuer 25/03/2011
2. Name of Substantial Shareholder Hongkong and Whampoa Dock Company, Limited
3. Notice Type Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest.
Part II - Not Required
Part III
1. Date of change of Interest 23/03/2011
2. The change in the percentage level From 31.8 % To 23.1 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Hongkong and Whampoa Dock Company, Limited, an indirect wholly-owned subsidiary of Hutchison Whampoa Limited ("HWL") and an immediate holding company of Hutchison Port Group Holdings Limited ("HPGH") in the Hutchison group, is deemed to have the same interest in HPH Trust as HPGH.

Hutchison Port Holdings Limited ("HPH"), the Sponsor of HPH Trust, as disclosed in the IPO Prospectus, has agreed to distribute or transfer its Units upstream to its ultimate shareholders (HWL and PSA International Pte. Ltd. ("PSA")) such that (i) 2,011,781,000 Units (assuming the over-allotment option is fully exercised) and 2,404,014,000 Units (assuming the over-allotment option is not exercised) will be distributed to HWL (or any subsidiary of HWL as HWL may determine), and (ii) 757,646,000 Units (assuming the over-allotment option is fully exercised) and 905,364,000 Units (assuming the over-allotment option is not exercised) will be distributed or transferred to PSA (or any subsidiary of PSA as PSA may determine).

On 23 March 2011, HPH transferred upstream (i) as to 2,011,781,000 Units to Hutchison Port Group Holdings Limited, a subsidiary of HWL; and (ii) as to 757,646,000 Units to PortCapital Limited, a subsidiary of PSA.
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: The change in the percentage level is the result of a transaction.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 2,769,427,000
As a percentage of issued share capital 0 % 31.8 %
No. of shares held after the change 0 2,011,781,000
As a percentage of issued share capital 0 % 23.1 %
Footnotes The percentage figure shown is calculated based on 8,708,888,000 Units, being Hutchison Port Holdings Trust's total number of issued Units as at 18 March 2011.

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The issue managers for the initial public offering and listing of Hutchison Port Holdings Trust are DBS Bank Ltd., Deutsche Bank AG, Singapore Branch, and Goldman Sachs (Singapore) Pte.. The issue managers for the initial public offering assume no responsibility for the contents of this announcement.
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