DIL
22/03/2016 13:49
SSH
NOT PRICE SENSITIVE
REL: 1349 HRS Diligent Corporation (NS)
SSH: DIL: SSH Notice - Accident Compensation Corporation
Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To New Zealand Stock Exchange
and
To Diligent Corporation
Date this disclosure made: 22 March 2016
Date last disclosure made: 10 March 2016
Date on which substantial holding ceased: 18 March 2016
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
Summary of previous substantial holding
Class of quoted voting products: Ordinary shares (DIL NZ)
Summary for: Accident Compensation Corporation (ACC)
Nicholas Bagnall, Guy Elliffe, Paul Robertshawe, Blair Tallott, Blair Cooper,
Jason Familton
For last disclosure:
(a) Total number held in class: 4,485,000
(b) Total in class: 88,052,354
(c) Total percentage held in class: 5.094%
For current holding after ceasing to have substantial holding:
(a) Total number held in class: 4,020,000
(b) Total in class: 88,052,354
(c) Total percentage held in class: 4.565%
Details of transactions and events giving rise to ceasing of
substantial holding
Details of the transactions or other events requiring disclosure:
On-market sales of 400,000 shares for net consideration of NZD $2,812,000 on
18th March 2016.
Additional information
Address(es) of substantial product holder(s):
ACC: Justice Centre, 19 Aitken Street, PO Box 242, Wellington 6140.
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 and Jason Familton
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 securities 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:00279684 For:DIL Type:SSH Time:2016-03-22 13:49:32
