Ann: SSH: CEN: SSH Notice - Accident Compensation Corporation

• Release Date: 08/12/15 14:55
• Summary: SSH: CEN: SSH Notice - Accident Compensation Corporation
• Price Sensitive: No
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					CEN
08/12/2015 14:55
SSH
NOT PRICE SENSITIVE
REL: 1455 HRS Contact Energy Limited

SSH: CEN: SSH Notice - Accident Compensation Corporation

Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013

To New Zealand Stock Exchange
and
To Contact Energy Limited

Date this disclosure made:   8 December 2015
Date on which substantial holding began: 7 December 2015

Substantial product holder(s) giving disclosure
Full Name(s): Accident Compensation Corporation (ACC)
Nicholas Bagnall, Guy Elliffe, Paul Robertshawe, Blair Tallott, Blair Cooper,
Jason Familton, Jason Lindsay, Jonathan Davis
Summary of substantial holding to which disclosure relates
Class of quoted voting products: Ordinary shares (CEN NZ)
Summary for: Accident Compensation Corporation (ACC)
Nicholas Bagnall, Guy Elliffe, Paul Robertshawe, Blair Tallott, Blair Cooper,
Jason Familton, Jason Lindsay, Jonathan Davis
For this disclosure,--
(a) Total number held in class:  36,945,940
(b) Total in class:     726,725,821

(c) Total percentage held in class:   5.084%
Details of relevant interests
Details for ACC
Nature of relevant interest(s):
Beneficial owner of securities under ?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:   36,945,940
(b) Percentage held in class:  5.084%
(c) Current registered holder(s): ACC via New Zealand Central Securities
Depository Limited (NZCSD)
(d) Registered holder(s) once transfers are registered: unknown

Details for
Nicholas Bagnall, Guy Elliffe, Paul Robertshawe, Blair Tallott, Blair Cooper,
Jason Familton, Jason Lindsay, Jonathan Davis
Nature of relevant interest(s):
Qualified powers to exercise control of rights to vote and/or of acquisition
or disposal of some or all of the financial products, of which the Accident
Compensation Corporation ("ACC") is the beneficial owner under ?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:   36,945,940
(b) Percentage held in class:  5.084%
(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 net purchase of 1,288,000 shares by ACC (purchases of 1,325,000
shares and sales of 37,000 shares) for net consideration of NZD $6,076,279.30
on 7th December 2015.

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,
Guy Elliffe, Paul Robertshawe, Blair Tallott, Blair Cooper, Jason Familton,
Jason Lindsay and Jonathan Davis are employees and portfolio managers or
equity analysts or corporate governance manager for ACC. Under current ACC
investment policies, they have 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:00274813 For:CEN    Type:SSH        Time:2015-12-08 14:55:38