Ann: SSH: KPG: SSH Notice - Ian Purdy

• Release Date: 29/12/14 08:42
• Summary: SSH: KPG: SSH Notice - Ian Purdy
• Price Sensitive: No
• Download Document  3.5KB

					KPG
29/12/2014 08:42
SSH
NOT PRICE SENSITIVE
REL: 0842 HRS Kiwi Property Group Limited

SSH: KPG: SSH Notice - Ian Purdy

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

To: NZX Limited
And: KIWI PROPERTY GROUP LTD
Date this disclosure made: 24 December 2014
Substantial security holder(s) giving disclosure
Name(s):  Ian Purdy
Contact details: Warwick Busfield    +64 4 816 7048
[email protected]
Date on which substantial security holder(s) began to have substantial
holding: 22 December 2014
Summary of substantial holding to which disclosure relates
Class of listed voting securities:  Ordinary Shares
Summary for: Ian Purdy

For this disclosure,--
(a) Total number held in class: 116,564,685
(b) Total in class: 1,138,898,858
(c) Total percentage held in class: 10.235%
Details of relevant interests in substantial holding after relevant event
Details for: Ian Purdy
Nature of relevant interest(s): Ian Purdy
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: 57,077
(b) Percentage held in class: 0.0050%
(c) Current registered holder(s) of securities: held by Ian Purdy either
directly or indirectly
(d) Registered holder(s) of securities once transfers registered: unknown

Details for: Accident Compensation Corporation ("ACC")
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 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: 116,507,608
(b) Percentage held in class: 10.230%
(c) Current registered holder(s) of securities: held by ACC via New Zealand
Central Securities Depository Limited (NZCSD)
(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:
Conversion of 114,107,608 Kiwi Income Property Trust units to Kiwi Property
Group units on 22th of December 2014 and the Market purchase of 2,400,000
units for net consideration of NZD $2,954,838 on 22th of December 2014, and
the aggregation of interests in securities held by Ian Purdy and ACC.

Additional information
Ian Purdyis an employee and portfolio manager or equity analyst for ACC.
Under current ACC investment policies, he has 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 6140.
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, Warwick Busfield, 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:00259427 For:KPG    Type:SSH        Time:2014-12-29 08:42:07