TWR
29/05/2012 15:35
RELINT
REL: 1535 HRS Tower Limited
RELINT: TWR: Change of Director's Interest Disclosure Notice
Appendix 3Y
Change of Director's Interest Notice
+ See chapter 19 for defined terms.
01/01/2011 Appendix 3Y Page 1
Rule 3.19A.2
Appendix 3Y
Change of Director's Interest Notice
Information or documents not available now must be given to ASX as soon as
available. Information and documents given to ASX become ASX's property and
may be made public.
Introduced 30/09/01 Amended 01/01/11
TOWER Limited
ABN 088 481 234
We (the entity) give ASX the following information under listing rule 3.19A.2
and as agent for the director for the purposes of section 205G of the
Corporations Act.
Name of Director
Denis Michael Wood (retired 8 February 2012)
Date of last notice
8 February 2012
Part 1 - Change of director's relevant interests in securities
In the case of a trust, this includes interests in the trust made available
by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of
the definition of "notifiable interest of a director" should be disclosed in
this part.
Direct or indirect interest
Direct
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
N/A
Date of change
24 May 2012
No. of securities held prior to change
130,370 ordinary shares
Class
Ordinary shares
Number acquired
N/A
Number disposed
50,000
Value/Consideration
Note: If consideration is non-cash, provide details and estimated valuation
NZ$1.62 per share
No. of securities held after change
80,370
Nature of change
Example: on-market trade, off-market trade, exercise of options, issue of
securities under dividend reinvestment plan, participation in buy-back
Disposal
Appendix 3Y
Change of Director's Interest Notice
+ See chapter 19 for defined terms.
Appendix 3Y Page 2 01/01/2011
Part 2 - Change of director's interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of
the definition of "notifiable interest of a director" should be disclosed in
this part.
Detail of contract
Nature of interest
Name of registered holder
(if issued securities)
Date of change
No. and class of securities to which interest related prior to change
Note: Details are only required for a contract in relation to which the
interest has changed
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide details and an estimated
valuation
Interest after change
Part 3 - +Closed period
Were the interests in the securities or contracts detailed above traded
during a +closed period where prior written clearance was required?
No
If so, was prior written clearance provided to allow the trade to proceed
during this period?
If prior written clearance was provided, on what date was this provided?
DISCLOSURE NOTICE
Disclosure of Directors and Officers Relevant Interests
(Section 19T, Securities Markets Act 1988)
A. Disclosure obligation (tick box to note which disclosure obligation
applies)
Initial disclosure (complete Parts A, B, C, D, F, and G of this notice)
Ongoing disclosure (complete Parts A, B, C, E, F and G of this notice)
?
B. Preliminary
1. Name
Denis Michael Wood
2. NZX company code of issuer
TWR
Name of issuer
TOWER Limited
3. Name of related body corporate (if applicable)
N/A
4. Position you hold in the issuer
Former director (retired 8 February 2012)
5. Date of this disclosure notice
29-May-12
C. Nature of relevant interest
6. Name of registered holder(s) of security (as required by regulation 6A(b)
or regulation 7(b))
Denis Michael Wood
7. Class and type of security (as required by regulation 6B or regulation 8)
Ordinary shares
8. Nature of relevant interest in security (as required by regulation 6A (a)
or regulation 7(a))
Beneficial
D. Date (for initial disclosure)
9. Date of disclosure obligation (as required by regulation 6C)
N/A
E. Transaction (for ongoing disclosure)
10. Date of last disclosure (as required by regulation 13)
8-Feb-12
11. Date(s) of acquisition(s) or disposal(s) (as required by regulation 9)
24-May-12
12. Number of transactions (as required by regulation 12(2), if applicable)
3
13. Nature or type of transaction (as required by regulation 11(1)(a))
Disposal
14. Consideration (as required by regulation 10)
NZ$1.62 per share
15. Number of securities held prior, set out by class and type (as required
by regulation 8)
130,370 ordinary shares
16. Number of securities subject to acquisition or disposal (as required by
regulation 11(1)(b))
50,000 ordinary shares
F. Extent of relevant interest
17. Number of securities held now, set out by class and type (as required by
regulation 6B or regulation 8)
80,370 ordinary shares
Signature (as required by regulation 14)
Bronwyn Walsh
Company Secretary & Compliance Manager
End CA:00223365 For:TWR Type:RELINT Time:2012-05-29 15:35:52
