SUM
24/02/2015 16:42
SSH
NOT PRICE SENSITIVE
REL: 1642 HRS Summerset Group Holdings Limited
SSH: SUM: SSH Notice - Milford Asset Management Limited
Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To: The New Zealand Stock Exchange / ASX
and
To: Summerset Group Holdings Limited
Date this disclosure made: 24.02.15
Date last disclosure made: 10.02.15
Date on which substantial holding ceased: 20.02.15
Substantial product holder(s) giving disclosure
Full name(s): Milford Asset Management Limited
Summary of previous substantial holding
Class of quoted voting products: Ordinary Shares
Summary for Milford Asset Management Limited
For last disclosure,--
(a) total number held in class: 12,102,614
(b) total in class: 218,548,736
(c) total percentage held in class: 5.54% (note, relevant interests held by
the manager as follows):
Milford Active Growth Wholesale Fund (1.49%), (Custodian - NNL Custodians),
NZ Equities Wholesale Fund (1.64%), (Custodian - NNL Custodians),
Waikato Community Trust (0.13%), (Custodian - NNL Custodians),
New Zealand Superannuation Fund (1.60%), (Custodian - New Zealand
Superannuation Fund Nominees Limited),
Mercer Trans-Tasman Shares Trust (0.68%), (Custodian - BNP Paribas Securities
Limited).
For current holding after ceasing to have substantial holding:
(a) total number held in class: 10,048,139
(b) total in class: 218,548,736
(c) total percentage held in class: 4.60% (note, relevant interests held by
the manager as follows):
Milford Active Growth Wholesale Fund (1.49%), (Custodian - NNL Custodians),
NZ Equities Wholesale Fund (1.34%), (Custodian - NNL Custodians),
Waikato Community Trust (0.10%), (Custodian - NNL Custodians),
New Zealand Superannuation Fund (1.18%), (Custodian - New Zealand
Superannuation Fund Nominees Limited),
Mercer Trans-Tasman Shares Trust (0.49%), (Custodian - BNP Paribas Securities
Limited).
Details of transactions and events giving rise to ceasing of substantial
holding
Details of the transactions or other events requiring disclosure: Milford
Asset Management Limited undertook the below on market transactions
(Please see attachment)
Additional information
Address(es) of substantial product holder(s): Level 17, 41 Shortland Street,
Auckland 1140, New Zealand
Contact details: Mark Ryland, Risk and Compliance Manager, contact: (09) 921
4746
E-mail: [email protected]
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, Mark Ryland 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:00261061 For:SUM Type:SSH Time:2015-02-24 16:42:04
