TWR
02/10/2013 09:35
SSH
REL: 0935 HRS Tower Limited
SSH: TWR: SSH Notice - Milford Asset Management Limited
Disclosure of beginning to have substantial holding
Section 22, Securities Markets Act 1988
To: The New Zealand Stock Exchange
And: Tower Limited
Date this disclosure made: 2nd October 2013
Substantial security holder(s) giving disclosure
Name(s): Milford Asset Management Limited
Contact details: Bryce Marsden Chief Operating Officer contact: 09 921
4707
E-mail: [email protected]
Date on which substantial security holder(s) began to have substantial
holding: 3rd October 2013.
Summary of substantial holding to which disclosure relates
Class of listed voting securities: Ordinary Share
Summary for: Milford Asset Management Limited
For this disclosure,--
(a) total number held in class: 21,259,770
(b) total in class: 207,193,438
(c) total percentage held in class: 10.26% (note, relevant interests held by
the manager as follows):
Milford Active Growth Wholesale Fund (5.06%), (Custodian - TEA Custodians),
Trust Investments Sustainable NZ Share Fund (0.14%), (Custodian - TEA
Custodians),
Waikato Community Trust (0.09%), (Custodian - TEA Custodians),
Milford Income Wholesale Fund (2.26%), (Custodian - TEA Custodians),
NZ Equities Wholesale Fund (0.79%), (Custodian - TEA Custodians),
New Zealand Superannuation Fund (1.51%), (Custodian - New Zealand
Superannuation Fund
Nominees Limited),
Mercer Trans-Tasman Shares Trust (0.41%), (Custodian - BNP Paribas Securities
Limited).
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:
The purchase of 18,823,529 ordinary shares through an on market transaction
with First NZ Capital Securities Limited. Each ordinary share was purchased
for the price of $1.70 per share.
Additional information
Nature of connection between substantial security holders: NA
Address(es) of substantial security holder(s): Milford Asset Management
Limited, Level 17, 41 Shortland Street, Auckland 1140, New Zealand.
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: NA
Declaration
I, Bryce Marsden 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:00241881 For:TWR Type:SSH Time:2013-10-02 09:35:23
