SUM
16/10/2013 16:15
SSH
REL: 1615 HRS Summerset Group Holdings Limited
SSH: SUM: SSH - Milford Asset Management Limited (Amended)
This Substantial Security Holder notice has been amended to reflect the
correct price each ordinary share was sold for.
Disclosure of ceasing to have substantial holding
Section 25, Securities Markets Act 1988
To: The New Zealand Stock Exchange
And: Summerset Group Holdings Limited
Date this disclosure made: 16 October 2013
Date last disclosure made: 27 September 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) ceased to have substantial
holding: 17 October 2013
Summary of previous substantial holding to which disclosure relates
Class of listed voting securities: Ordinary Shares
Summary for: Milford Asset Management Limited
For last disclosure,--
a) total number held in class: 10,884,673
(b) total in class: 215,918,535
(c) total percentage held in class: 5.04% (note, relevant interests held by
the manager as follows):
Milford Active Growth Wholesale Fund (2.50%), (Custodian - TEA Custodians),
NZ Equities Wholesale Fund (0.69%), (Custodian - TEA Custodians),
Trust Investments Sustainable NZ Share Fund (0.12%), (Custodian - TEA
Custodians),
Waikato Community Trust (0.08%), (Custodian - TEA Custodians),
New Zealand Superannuation Fund (1.31%), (Custodian - New Zealand
Superannuation Fund Nominees Limited),
Mercer Trans-Tasman Shares Trust (0.34%), (Custodian - BNP Paribas Securities
Limited).
For current holding after ceasing to have substantial holding:
(a) total number held in class: 9,800,638
(b) total in class: 215,918,535
(c) total percentage held in class: 4.54% (note, relevant interests held by
the manager as follows):
Milford Active Growth Wholesale Fund (2.50%), (Custodian - TEA Custodians),
NZ Equities Wholesale Fund (0.52%), (Custodian - TEA Custodians),
Trust Investments Sustainable NZ Share Fund (0.10%), (Custodian - TEA
Custodians),
Waikato Community Trust (0.06%), (Custodian - TEA Custodians),
New Zealand Superannuation Fund (1.00%), (Custodian - New Zealand
Superannuation Fund Nominees Limited),
Mercer Trans-Tasman Shares Trust (0.36%), (Custodian - BNP Paribas Securities
Limited).
Details of transactions and events giving rise to person ceasing to have
substantial holding
Details of the transactions or other events requiring disclosure under the
instructions to this form:
The sale of 1,300,000 ordinary shares through an on-market transaction with
UBS New Zealand Limited. Each ordinary share was sold for the price of $3.10
per share.
Following the above trades Milford Asset Management ceased to be a
substantial share holder.
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:00242454 For:SUM Type:SSH Time:2013-10-16 16:15:39
