Ann: SSH: MET: SSH Notice - New Zealand Superannu

• Release Date: 25/10/13 12:11
• Summary: SSH: MET: SSH Notice - New Zealand Superannuation Fund Nominees Ltd
• Price Sensitive: No
• Download Document  4.41KB

					MET
25/10/2013 10:11
SSH

REL: 1011 HRS Metlifecare Limited

SSH: MET: SSH Notice - New Zealand Superannuation Fund Nominees Ltd

DISCLOSURE OF BEGINNING TO HAVE SUBSTANTIAL HOLDING
Section 22, Securities Markets Act 1988

To: NZX Limited
And: Metlifecare Limited
Date this disclosure made: 25 October 2013

Substantial security holder(s) giving disclosure
Name(s): New Zealand Superannuation Fund Nominees Limited as nominee for the
New Zealand Superannuation Fund being property of Her Majesty the Queen in
right of New Zealand and managed by the Guardians of New Zealand
Superannuation
Contact details: David Sara
Ph: +64 9 300 6980
E-mail: [email protected]
Date on which substantial security holder(s) began to have substantial
holding: 25 October 2013

Summary of substantial holding to which disclosure relates
Class of listed voting securities: ordinary shares (NZMETE0001S2)
Summary for: New Zealand Superannuation Fund Nominees Limited as nominee for
the New Zealand Superannuation Fund being property of Her Majesty the Queen
in right of New Zealand and managed by the Guardians of New Zealand
Superannuation
For this disclosure,--
(a) total number held in class: 41,908,344
(b) total in class: 210,594,691
(c) total percentage held in class: 19.900%

Details of relevant interests currently in substantial holding

Details for: New Zealand Superannuation Fund Nominees Limited as nominee for
the New Zealand Superannuation Fund being property of Her Majesty the Queen
in right of New Zealand and managed by the Guardians of New Zealand
Superannuation
Nature of relevant interest(s): conditional power to acquire ordinary shares
in Metlifecare Limited pursuant to a sub-underwriting letter dated 24 October
2013 (in the form attached) relating to a placement of existing ordinary
shares in Metlifecare Limited by Retirement Villages New Zealand Limited.

For that relevant interest,--
(a) number held in class: 35,736,363 ordinary shares
(b) percentage held in class: 16.969%
(c) current registered holder(s) of securities: Retirement Villages New
Zealand Limited
(d) registered holder(s) of securities once transfers registered: New
Zealand Superannuation Fund Nominees Limited as nominee for the New Zealand
Superannuation Fund

Nature of relevant interest(s): legal and beneficial interest in ordinary
shares in Metlifecare Limited
For that relevant interest,--
(a) number held in class: 785,000 ordinary shares
(b) percentage held in class: 0.373%
(c) current registered holder(s) of securities: New Zealand
Superannuation Fund Nominees Limited as nominee for the New Zealand
Superannuation Fund
(d) registered holder(s) of securities once transfers registered: N/A

Nature of relevant interest(s): beneficial interest in ordinary shares in
Metlifecare Limited held by fund managers on account of substantial security
holder
For that relevant interest,--
(a) number held in class: 5,386,981 ordinary shares
(b) percentage held in class: 2.558% (Note relevant interests held by
Managers as follows: AMP Capital Investors (1.203%, Devon Funds Management
(1.355%))
(c) current registered holder(s) of securities: unknown
(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: On 24 October 2013, Guardians of New Zealand
Superannuation entered into a conditional sub-underwriting letter (in the
form attached) relating to a placement of existing ordinary shares in
Metlifecare Limited by Retirement Villages New Zealand Limited.  The
sub-underwriting letter relates to 35,736,363 ordinary shares for a
consideration of $3.53 per share.

Additional information
Nature of connection between substantial security holders: N/A
Address(es) of substantial security holder(s): Level 12, Zurich House, 21
Queen Street
Auckland 1010, New Zealand
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: Goldman Sachs New Zealand Limited and Retirement
Villages New Zealand Limited

Declaration
I, David Sara, 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:00242882 For:MET    Type:SSH        Time:2013-10-25 10:11:15