BLT
16/05/2012 12:43
SSH
REL: 1243 HRS BLIS Technologies Limited
SSH: BLT: SSH - Ian Graham
Disclosure of beginning to have substantial holding
Section 22, Securities Markets Act 1988
To: NZX Limited
And: Blis Technologies
Date this disclosure made: 16 May 2012
Substantial security holder(s) giving disclosure
Name(s): Ian Graham
Contact details: Kym Nijsse +64 4 918 7067 [email protected]
Date on which substantial security holder(s) began to have substantial
holding: 9 May 2012
Summary of substantial holding to which disclosure relates
Class of listed voting securities: Ordinary Shares
Summary for: Ian Graham
For this disclosure,--
(a) Total number held in class: 24,144,630
(b) Total in class: 481,879,636
(c) Total percentage held in class: 5.011%
Details of relevant interests in substantial holding after relevant event
Details for:
Nature of relevant interest(s): Ian Graham
Beneficial owner of securities under s 5 (1) (b) of the Securities Markets
Act
No relevant agreement document needs to be attached under regulation 11.
For that relevant interest,--
(a) Number held in class: 230,000
(b) Percentage held in class: 0.048%
(c) Current registered holder(s) of securities: 230,000 shares held by
Ian Graham either directly or indirectly
(d) Registered holder(s) of securities once transfers registered: n/a
Details for: Accident Compensation Corporation ("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 securities, of which the ACC is the beneficial
owner under s 5(1)(c)and 5 (1)(d) of the Securities Markets Act. Further to
regulation 11(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: 23,914,630
(b) Percentage held in class: 4.963%
(c) Current registered holder(s) of securities: 23,914,630 shares held by
ACC via New Zealand Central Securities Depository Limited (NZCSD)
(d) Registered holder(s) of securities once transfers registered: n/a
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:
Aggregation of interests in securities held by Ian Graham and ACC, post the
conversion of ACC's holding in cumulative preference shares on 9th May 2012.
Additional information
Ian Graham is an employee and portfolio manager or equity analyst 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 securities of which ACC is the beneficial owner
Address(es) of substantial security holder(s): ACC : Vogel Centre, 19 Aitken
Street, PO Box 242, Wellington 6140.
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: n/a
Declaration
I, Ian Graham, 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:00222912 For:BLT Type:SSH Time:2012-05-16 12:43:34
