Ann: SSH: KMD: SSH Notice - ("ACC")

• Release Date: 29/01/14 17:07
• Summary: SSH: KMD: SSH Notice - ("ACC")
• Price Sensitive: No
• Download Document  3.93KB

					KMD
29/01/2014 15:07
SSH

REL: 1507 HRS Kathmandu Holdings Limited

SSH: KMD: SSH Notice - ("ACC")

Disclosure of beginning to have substantial holding
Section 22, Securities Markets Act 1988

To: NZX Limited
And: KATHMANDU HOLDINGS LIMITED NPV
Date this disclosure made: 29 January 2014

Substantial security holder(s) giving disclosure

Name(s): Accident Compensation Corporation ("ACC")
Nicholas Bagnall, Blair Tallott, Paul Robertshawe, Blair Cooper, Jason
Familton and Bevan Flack
Contact details: Matthew Cunliffe   +64 4 816 5743
[email protected]
Date on which substantial security holder(s) began to have substantial
holding: 28 January 2014

Summary of substantial holding to which disclosure relates

Class of listed voting securities: Ordinary Shares
Summary for: Accident Compensation Corporation ("ACC")
Nicholas Bagnall, Blair Tallott, Paul Robertshawe, Blair Cooper, Jason
Familton and Bevan Flack

For this disclosure,--

(a) Total number held in class:  10,626,522
(b) Total in class:    200,473,338
(c) Total percentage held in class:  5.301%
Details of relevant interests in substantial holding after relevant event
Details for: ACC
Nature of relevant interest(s):
Beneficial owner of securities under s 5 (1) (b) of the Securities Markets
Act
No relevant agreement document needs to be attached under regulation 11.

For that relevant interest,--

(a) Number held in class: 10,626,522
(b) Percentage held in class: 5.301%
(c) Current registered holder(s) of securities: ACC holds 7,748,660
shares directly via New Zealand Central Securities Depository Limited (NZCSD)
and 2,877,862 shares indirectly via JP Morgan Nominees Australia Ltd.
(d) Registered holder(s) of securities once transfers registered: unknown

Details for: Nicholas Bagnall, Blair Tallott, Paul Robertshawe, Blair
Cooper, Jason Familton and Bevan Flack
Nature of relevant interest(s):
Qualified powers to exercise control of rights to vote and of acquisition or
disposal of some or all of the securities, of which the Accident Compensation
Corporation ("ACC") is the beneficial owner under s 5(1)(c)and 5 (1)(d) of
the Securities Markets Act. Further to regulation 11(2)(b), the material
terms of this arrangement are that powers are subject to ACC investment
policies and the decisions of the ACC Investment Committee.

For that relevant interest,

(a) Number held in class: 10,626,522
(b) Percentage held in class: 5.301%
(c) Current registered holder(s) of securities: ACC holds 7,748,660
shares directly via New Zealand Central Securities Depository Limited (NZCSD)
and 2,877,862 shares indirectly via JP Morgan Nominees Australia Ltd.
(d) Registered holder(s) of securities once transfers registered: unknown

Details of transactions and events giving rise to person beginning to have
substantial holding

Details of the transactions or other events requiring disclosure under the
instructions to this form:
On Market purchases of 700,000 shares for net consideration of NZD
$2,150,395.52 on 28th January 2014.

Additional information

Nicholas Bagnall, Blair Tallott, Paul Robertshawe, Blair Cooper, Jason
Familton and Bevan Flack are employees and portfolio managers or equity
analysts for ACC. Under current ACC investment policies, they have the
discretion to exercise control over some or all the rights to vote and
acquisition or disposal of some or all of the securities of which ACC is the
beneficial owner
Address(es) of substantial security holder(s): ACC : Justice Centre, 19
Aitken Street, PO Box 242, Wellington, NZ
Name of any other person believed to have given, or believed to be required
to give, a disclosure under the Act in relation to the securities to which
this disclosure relates: n/a

Declaration

I, Matthew Cunliffe, declare that, to the best of my knowledge and belief,
the information contained in this disclosure is correct and that I am duly
authorised to make this disclosure by all persons for whom it is made.
End CA:00246471 For:KMD    Type:SSH        Time:2014-01-29 15:07:25