ATM
27/02/2015 15:29
SSH
NOT PRICE SENSITIVE
REL: 1529 HRS The a2 Milk Company Limited
SSH: ATM: SSH Notice - Nicholas Bagnall
Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013
To NZX Limited
and
To The a2 Milk Company Limited
Date this disclosure made: 27 February 2015
Date on which substantial holding began: 25 February 2015
Substantial product holder(s) giving disclosure
Full Name(s): Nicholas Bagnall
Summary of substantial holding to which disclosure relates
Class of quoted voting products: Ordinary Shares (ATM)
Summary for: Nicholas Bagnall
For this disclosure,--
(a) Total number held in class: 38,460,410
(b) Total in class: 660,066,979
(c) Total percentage held in class: 5.827%
Details of relevant interests
Details for Nicholas Bagnall
Nature of relevant interest(s):
Beneficial owner of securities under Section 235(1)(b) of the Financial
Markets Conduct Act
No relevant agreement document needs to be attached under regulation 139.
For that relevant interest,--
(a) Number held in class: 1,000
(b) Percentage held in class: 0.0002%
(c) Current registered holder(s): Nicholas Bagnall either directly or
indirectly
(d) Registered holder(s) once transfers are registered: not applicable
Details for ACC
Nature of relevant interest(s):
Qualified powers to exercise control of rights to vote and of acquisition or
disposal of some or all of the financial products, of which the Accident
Compensation Corporation ("ACC") is the beneficial owner under Section
235(1)(c)and 235(1)(d) of the Financial Markets Conduct Act. Further to
regulation 139(2)(b), the material terms of this arrangement are that powers
are subject to ACC investment policies and the decisions of the ACC
Investment Committee.
For that relevant interest,
(a) Number held in class: 38,459,410
(b) Percentage held in class: 5.827%
(c) Current registered holder(s): held by ACC via New Zealand Central
Securities Depository Limited (NZCSD)
(d) Registered holder(s) once transfers are registered: unknown
Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure:
On-market purchase of 12,000,000 shares for net consideration of NZD
$6,360,000, on-market sales of 54,000 shares for net consideration of NZD
$30,240 on 25th February 2015 and the aggregation of interests in financial
products held by Nicholas Bagnall and ACC.
Additional information
Address of substantial product holder(s): ACC: Justice Centre, 19 Aitken
Street, PO Box 242, Wellington, NZ
Contact details: Matthew Cunliffe +64 4 816 5743
[email protected]
Nature of connection between substantial product holders: Nicholas Bagnall is
an employee and portfolio manager or equity analysts for ACC. Under current
ACC investment policies, he has the discretion to exercise control over some
or all the rights to vote and acquisition or disposal of some or all of the
financial products of which ACC is the beneficial owner.
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, Matthew Cunliffe, 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:00261284 For:ATM Type:SSH Time:2015-02-27 15:29:33
