PaySauce Limited/Announcement
PaySauce Limited logo

SPH Notice – Asantha Wijeyeratne

Substantial Holder Notice23 January 2024PYSInformation Technology

Disclosureofmovementof1%ormoreinsubstantialholding
orchangeinnatureofrelevantinterest,orboth

Sections277and278,FinancialMarketsConductAct2013

ToNZXLimited

and

ToPaySauceLimited

Relevanteventbeingdisclosed:Movementof1%ormoreinsubstantialholding

Dateofrelevantevent:23January2024

Datethisdisclosuremade:23January2024

Datelastdisclosuremade:1December2021

Substantialproductholder(s)givingdisclosure

Fullname(s):UpakaraFamilyTrust,Wijeyeratne&CoLimited,Cloud

InvestmentsLimitedandAsanthaWijeyeratne

Summaryofsubstantialholding

Classofquotedvotingproducts:Ordinaryshares

Summaryfor:UpakaraFamilyTrust,Wijeyeratne&CoLimited,Cloud

InvestmentsLimitedandAsanthaWijeyeratne

Forthisdisclosure,—

(a)totalnumberheldinclass:36,321,346

(b)totalinclass:140,099,427

(c)totalpercentageheldinclass:25.925%

Forlastdisclosure,—

(a)totalnumberheldinclass:39,548,461

(b)totalinclass:138,442,442

(c)totalpercentageheldinclass:28.566%

Detailsoftransactionsandeventsgivingrisetorelevantevent

Detailsofthetransactionsor

othereventsrequiringdisclosure:On23December2021CloudInvestmentsLimitedgifted

100,000ordinarysharesinanoff-markettransfertoMathew

Stokesforconsiderationof$NILpershare.

On23December2021CloudInvestmentsLimitedgifted

100,000ordinarysharesinanoff-markettransfertoDavid

McGregorandJaimeMcGregorforconsiderationof$NILper
share.

On1June2022AsanthaWijeyeratne(heldintrustvia

Payroll.KiwiLtd)wasissued38,098ordinarysharesasa

discretionarybonuspaidandappliedtopayingupunpaid

EmployeeShareSchemeShares.

On28February2023CloudInvestmentsLimitedsold100,000

ordinarysharesinanoff-markettransfertoShelleyMareeRuha

forconsiderationof$0.30pershare.

On28February2023CloudInvestmentsLimitedsold200,000

ordinarysharesinanoff-markettransfertoMarkStephen

MalhotraSamlalforconsiderationof$0.30pershare.

On31March2023AsanthaWijeyeratne(heldintrustvia

Payroll.KiwiLtd)wasissued38,098ordinarysharesasa

discretionarybonuspaidandappliedtopayingupunpaid

EmployeeShareSchemeShares.

On31May2023AsanthaWijeyeratne(heldintrustvia

Payroll.KiwiLtd)wasissued41,708ordinarysharesasa

discretionarybonuspaidandappliedtopayingupunpaid

EmployeeShareSchemeShares.

On11January2024AsanthaWijeyeratne(heldintrustvia

Payroll.KiwiLtd)sold74,650ordinarysharesinanoff-market

transfertoJamesSybertsmaforconsiderationof$0.27per

share.

On23January2023CloudInvestmentsLimitedsold2,770,369

ordinarysharesinanoff-markettransfertoAccident

CompensationCorporationforconsiderationof$0.26pershare.

Detailsafterrelevantevent

Detailsfor:UpakaraFamilyTrust

Natureofrelevantinterest(s):Wijeyeratne&CoLimitedandCloudInvestmentsLimitedown

ordinarysharesinPaySauceLimited.Theordinarysharesof

Wijeyeratne&CoLimitedandCloudInvestmentsLimitedform

partofthepropertyheldbythetrusteeoftheUpakaraFamily

Trust.

Forthatrelevantinterest,—

(a)numberheldinclass:36,321,346

(b)percentageheldinclass:25.925%

(c)currentregisteredholder(s):Wijeyeratne&CoLimitedandCloudInvestments

Limited

(d)registeredholder(s)once

transfersareregistered:N/A
Detailsfor:Wijeyeratne&CoLimited

Natureofrelevantinterest(s):registeredholder

Forthatrelevantinterest,—

(a)numberheldinclass:27,750,433

(b)percentageheldinclass:19.808%

(c)currentregisteredholder(s):Wijeyeratne&CoLimited

(d)registeredholder(s)once

transfersareregistered:N/A

Detailsfor:CloudInvestmentsLimited

Natureofrelevantinterest(s):registeredholder

Forthatrelevantinterest,—

(a)numberheldinclass:8,527,659

(b)percentageheldinclass:6.087%

(c)currentregisteredholder(s):Wijeyeratne&CoLimited

(d)registeredholder(s)once

transfersareregistered:MathewStokes(100,000shares);

DavidMcGregorandJaimeMcGregor(100,000shares);

ShelleyMareeRuha(100,000shares);

MarkStephenMalhotraSamlal(200,000shares);

AccidentCompensationCorporation(2,770,369shares)

Detailsfor:AsanthaWijeyeratne

Natureofrelevantinterest(s):registeredholder,heldintrustviaPayroll.KiwiLtd

Forthatrelevantinterest,—

(a)numberheldinclass:43,254

(b)percentageheldinclass:0.031%

(c)currentregisteredholder(s):Payroll.KiwiLtd

(d)registeredholder(s)once

transfersareregistered:JamesSybertsma(74,650shares)
Additionalinformation

Address(es)ofsubstantial

productholder(s):71cKorokoroRoad,Korokoro,LowerHutt5012,NewZealand

Contactdetails:asantha@paysauce.com,021554600

Natureofconnectionbetween

substantialproductholders:AsanthaWijeyeratneisadirectorofWijeyeratne&CoLimited

andCloudInvestmentsLimited.UpakaraFamilyTrustisthesole

shareholderofWijeyeratne&CoLimitedandCloudInvestments

Limited.AsanthaWijeyeratneisasettlorandbeneficiaryof

UpakaraFamilyTrust.

Nameofanyotherpersonbelievedtohavegiven,orbelievedtoberequiredtogive,adisclosure

undertheFinancialMarketsConductAct2013inrelationtothefinancialproductstowhichthis

disclosurerelates:None

Disclosurehaseffectforpurposesofdirectors’andseniormanagers’disclosure

AsanthaWijeyeratneisalsoadirectorofPaySauceLimited.Thisdisclosurealsoconstitutes

disclosureforthepurposesofthedirectors’andseniormanagers’disclosureobligations.

Certification

I,AsanthaWijeyeratne,certifythat,tothebestofmyknowledgeandbelief,theinformation

containedinthisdisclosureiscorrectandthatIamdulyauthorisedtomakethisdisclosurebyall

personsforwhomitismade.

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

Other issuers discussed similar conditions around this time

Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.