Ann: SSH: TPW: SSH Notice - Tauranga Energy Consumer Trust ("TECT")

• Release Date: 23/04/15 12:45
• Summary: SSH: TPW: SSH Notice - Tauranga Energy Consumer Trust ("TECT")
• Price Sensitive: No
• Download Document  3.27KB

					TPW
23/04/2015 12:45
SSH
NOT PRICE SENSITIVE
REL: 1245 HRS TrustPower Limited

SSH: TPW: SSH Notice - Tauranga Energy Consumer Trust ("TECT")

Disclosure of movement of 1% or more in substantial holding
or change in nature of relevant interest, or both
Sections 277 and 278, Financial Markets Conduct Act 2013

Note: This form must be completed in accordance with the instructions at the
end of the form.

To  NZX Limited
and
To  TrustPower Limited

Relevant event being disclosed: Movement of 1% or more in the substantial
holding

Date of relevant event:   23 April 2015
Date this disclosure made: 23 April 2015
Date last disclosure made: 18 August 2008

Substantial product holder(s) giving disclosure

Full name(s): TECT Holdings Limited and Bruce Cronin, Ron Scott, Ken
Collings, Bill Holland, Pete Blackwell and Paul Tustin as trustees of the
Tauranga Energy Consumer Trust ("TECT")

Summary of substantial holding

Class of quoted voting products:  Ordinary shares (NZX:TPW)
Summary for     TECT Holdings Limited

For this disclosure,--

(a) total number held in class:  83,878,838
(b) total in class:     312,912,496
(c) total percentage held in class:   26.806%

For last disclosure,--

(a) total number held in class:  103,878,838
(b) total in class:     315,436,872
(c) total percentage held in class:   32.932%

Details of transactions and events giving rise to relevant event

Details of the transactions or other events requiring disclosure: TECT
Holdings Limited is the wholly owned subsidiary of TECT.  On 23 April 2015,
TECT Holdings Limited disposed of 20,000,000 ordinary shares in TrustPower
Limited (NZX:TPW) by way of an on-market disposition for consideration of
$7.74 per share (being $154,800,000.00 in aggregate).

Details after relevant event

Details for     TECT Holdings Limited
Nature of relevant interest(s):  Registered holder and beneficial
owner of ordinary shares in TrustPower Limited (NZX:TPW)

For that relevant interest,--

(a) number held in class:     83,878,838
(b) percentage held in class:
26.806%
(c) current registered holder(s):    no change
(d) registered holder(s) once transfers are registered: no change

For a derivative relevant interest, also--

(a) type of derivative:      n/a
(b) details of derivative:     n/a
(c) parties to the derivative:     n/a
(d) if the substantial product holder is not a party to the derivative,
the nature of the relevant interest in the derivative:
n/a

Additional information

Address(es) of substantial product holder(s): c/- Harmos Horton Lusk Limited,
Level 37, Vero Centre, 48 Shortland Street, Auckland 1010
Contact details: Greg Horton, Harmos Horton Lusk Limited,
[email protected] +64 9 921 4300.
Nature of connection between substantial product holders: TECT Holdings
Limited is the wholly owned subsidiary of TECT.
Name of any other person believed to have given, or believed to be required
to give, a disclosure under the Financial Markets Conduct Act 2013 in
relation to the financial products to which this disclosure relates: n/a

Certification

I, Gregory Bernard Horton, certify 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:00263488 For:TPW    Type:SSH        Time:2015-04-23 12:45:14