CNU
26/03/2012 16:19
SSH
REL: 1619 HRS Chorus Limited (NS)
SSH: CNU: SSH (AMP Capital Investors (NZ) Ltd)
Disclosure of movement of 1% or more in substantial holding or change in
nature of relevant interest or both
Sections 23 and 24, Securities Markets Act 1988
Relevant event being disclosed: Change in the number of voting securities in
which a substantial security holder has a relevant interest (section 23(2))
Date of relevant event: 23 March 2012
To: NZX
And: Chorus Limited
Date this disclosure made: 26 March 2012
Date last disclosure made: 8 December 2011
Substantial security holder(s) giving disclosure
Name(s): AMP Capital Investors (New Zealand) Limited
Contact details: Pauline Edwards, +64 4 494 2184,
[email protected]
Summary of substantial holding to which disclosure relates
Class of listed voting securities: Ordinary Shares in CNU
Summary for: AMP Capital Investors (New Zealand) Limited
For this disclosure,--
(a) total number held in class: 34,501,977
(b) total in class: 385,082,123
(c) total percentage held in class: 8.960%
For last disclosure,--
(a) total number held in class: 38,458,252
(b) total in class: 385,082,123
(c) total percentage held in class: 9.987%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure under the
instructions to this form: A sale of 3,956,275 shares between 8/12/2011 and
23/03/2012
Details of relevant interests in substantial holding after relevant event
Details for: AMP Capital Investors (New Zealand) Limited and AMP Capital
Investors Limited
Nature of relevant interest(s): Investment Manager and non-beneficial owner
For that relevant interest,--
(a) number held in class: 34,501,977
(b) percentage held in class: 8.960%
(c) current registered holder(s) of securities: See Schedule one and
Schedule two
(d) registered holder(s) of securities once transfers registered: not
applicable
Additional information
Nature of connection between substantial security holders: AMP Capital
Investors (New Zealand) Limited, AMP Capital Investors Limited and AXA Asia
Pacific Holdings Limited (or a wholly owned subsidiary company) is the
Investment Manager for beneficial owners of the CNU shares (See schedule one
attached). On 30 March 2011, AMP Financial Service Holdings Limited (a
related body corporate of AMP Capital Investors (New Zealand) Limited
acquired all of the voting securities in AXA Asia Pacific Holdings Limited, a
company incorporated in Australia which occurred by share acquisition and
scheme of arrangement.
Address(es) of substantial security holder(s): C/- Ground Floor, PWC
Building, 113-119 The Terrace, Wellington
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: not applicable
Declaration
I, Pauline Carol Edwards, 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.
SCHEDULE ONE
Non - Beneficial Relevant Interests
Name of Registered Holder Number of voting securities
NZGT Nominees Limited 10,500,279 AMP Capital Investors (New
Zealand) Limited has a relevant interest in the voting securities as fund and
asset manager of each of the registered holders
Guardians of New Zealand Superannuation 2,209,946
AMP Life Limited 6,732,344
Cogent Nominees Pty Limited 4,541,090
Citicorp Nominees Pty Limited 28,143
HSBC Custody Nominees (Australia) Limited 383,344
National Nominees Pty Limited 770,704
BNP Paribas Fund Services Australasia PTY Limited 92,551
JP Morgan Nominees Australia Limited 863,929
AMP Custodian Services (NZ) Limited 208,442
TOTAL 26,330,772
Detail of each relevant interest
5* NZGT Nominees Limited
Name of registered holder
6* 8/12/2011-23/03/2012
Dates of transaction(s)Provision(s) of section 5
7* -131,700
Number of voting securities Consideration (expressed in NZ$)
5* AMP Life Limited
Name of registered holder
6* 8/12/2011-23/03/2012
Dates of transaction(s)Provision(s) of section 5
7* 0
Number of voting securities Consideration (expressed in NZ$)
5* Guardians of New Zealand Superannuation
Name of registered holder
6* 8/12/2011-23/03/2012
Dates of transaction(s)Provision(s) of section 5
7* -909,200
Number of voting securities Consideration (expressed in NZ$)
5* BNP Paribas Fund Services Australasia PTY Limited
Name of registered holder
6* 8/12/2011-23/03/2012
Dates of transaction(s)Provision(s) of section 5
7* -1,000
Number of voting securities Consideration (expressed in NZ$)
5* National Nominees Pty Limited
Name of registered holder
6* 8/12/2011-23/3/2012
Dates of transaction(s)Provision(s) of section 5
7* 0
Number of voting securities Consideration (expressed in NZ$)
5* JP Morgan Nominees Australia Limited
Name of registered holder
6* 8/12/2011-23/3/2012
Dates of transaction(s)Provision(s) of section 5
7* 0
Number of voting securities Consideration (expressed in NZ$)
5* Cogent Nominees Pty Limited
Name of registered holder
6* 8/12/2011-23/3/2012
Dates of transaction(s)Provision(s) of section 5
7* -240,312
Number of voting securities Consideration (expressed in NZ$)
5* HSBC Custody Nominees (Australia) Limited
Name of registered holder
6* 8/12/2011-23/3/2012
Dates of transaction(s)Provision(s) of section 5
7* 73,282
Number of voting securities Consideration (expressed in NZ$)
5* Citicorp Nominees Pty Limited
Name of registered holder
6* 8/12/2011-23/3/2012
Dates of transaction(s)Provision(s) of section 5
7* -95,478
Number of voting securities Consideration (expressed in NZ$)
5* AMP Custodian Services (NZ) Limited
Name of registered holder
6* 8/12/2011-23/3/2012
Dates of transaction(s)Provision(s) of section 5
7* 0
Number of voting securities Consideration (expressed in NZ$)
-1,304,408 TOTAL
SCHEDULE TWO
Non - Beneficial Relevant Interests
Name of Registered Holder Number of voting securities
AXA Asia Pacific Holdings Limited (or a wholly owned
subsidiary company) has a relevant interest in the voting securities as fund
and asset manager of each of the registered holders.
HSBC Custody Nominees (New Zealand) Limited 8,171,205
TOTAL 8,171,205
5* HSBC Custody Nominees (New Zealand) Limited
Name of registered holder
6* 8/12/2011-23/3/2012
Dates of transaction(s)Provision(s) of section 5
7* -2,651,867
Number of voting securities Consideration (expressed in NZ$)
-2,651,867 TOTAL
End CA:00221158 For:CNU Type:SSH Time:2012-03-26 16:19:46
