Director Shareholding Disclosure

 

 


                               

 

 

 

Ongoing Disclosure Notice

 

 

Disclosure of Directors and Officers Relevant Interests

 

 

Section 19T(2), Securities Markets Act 1988

 

 

 

 

 

A Details of director or officer

 

 

Name of director or officer of public issuer:

 

Christopher David Castle

Name of public issuer:

 

Widespread Portfolios Ltd

Name of related body corporate (if applicable):

 

N/A

Position held in public issuer:

 

Director

 

 

 

B Securities in public issuer or any related body corporate in which director or officer has relevant interest

 

 

Number, class, and type of securities:  1

 

1,926,000 ordinary shares, 965,200 listed warrants, 475,000 unlisted warrants

 

 

 

 

 

 

 

 

 

C Nature of relevant interest and name of registered holder

 

 

Nature of relevant interest in securities: 2

 

direct beneficial and indirect

Name of registered holder of securities 3

 

LJ Sanders & CD Castle, CD Castle

 

 

 

D Details of acquisitions and disposals

 

 

If the relevant interest was acquired-

 

 

Date of acquisition: 4

 

30 & 31 October 2008

Consideration paid for acquisition: 5

 

10,000 shares, $1,251.41

 

 

 

If the relevant interest was disposed of-

 

 

Date of disposal: 6

 

N/A

Consideration paid for disposal: 7

 

N/A

 

 

 

Type of transaction

 

 

Describe the arrangement pursuant to which, or the circumstances in which, the acquisition or disposal took place: 8

 

On market purchase

 

 

 

 

 

 

E Total number of transactions this notice relates to: 9

 

two

 

 

 

F Date of last disclosure notice (whether in form 1 or form 2) by the director or officer: 10

 

25-Jun-08

 

 

 

G Signature

 

 

Signature of director or officer:

 

 

Date of signature:

 

 1 November 2008

 

NTA 55¢

Key stats as at 18 May

Security

Number on issue

Market price (cents)

Market Value ($M)

Net assets ($M)

Ordinary shares

23,490,449

16.0

3.758

12.8*

Market value discount    (ords only)  

 70.7%

 

Listed warrants

8,505,123

0.8

.068

 

* Our ASN shareholding is now held for NTA disclosure purposes at a valuation of CAD 1.914 million based on our share of net assetsNTA per WID share valuing ASN at the current spot market price is 46.8 cents. NTA per share valuing all listed assets at spot market prices is 22.7 cents.

 

 

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