KRK
02/03/2016 14:14
SSH
NOT PRICE SENSITIVE
REL: 1414 HRS Kirkcaldie & Stains Limited
SSH: KRK: SSH Notice - Accident Compensation Corporation (ACC)
Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To New Zealand Stock Exchange
and
To Kirkcaldie & Stains Limited
Date this disclosure made: 2 March 2016
Date last disclosure made: 19 December 2011
Date on which substantial holding ceased: 26 February 2016
Substantial product holder(s) giving disclosure
Full Name(s): Accident Compensation Corporation (ACC)
Nicholas Bagnall, Paul Robertshawe, Blair Tallott, Blair Cooper
Summary of previous substantial holding
Class of quoted voting products: Ordinary Shares (KRK)
Summary for: Accident Compensation Corporation (ACC)
Nicholas Bagnall, Paul Robertshawe, Blair Tallott, Blair Cooper
For last disclosure:
(a) Total number held in class: 677,011
(b) Total in class: 10,250,000
(c) Total percentage held in class: 6.605%
For current holding after ceasing to have substantial holding:
(a) Total number held in class: 0
(b) Total in class: 2,050,112
(c) Total percentage held in class: 0%
Details of transactions and events giving rise to ceasing of substantial
holding
Details of the transactions or other events requiring disclosure:
On-market sale of 202,500 shares for net consideration of NZD $583,220.25 on
26th February 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,
Paul Robertshawe, Blair Tallott and Blair Cooper are employees and portfolio
managers or equity analysts 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:00278682 For:KRK Type:SSH Time:2016-03-02 14:14:10
