MGL
10/02/2014 14:32
SSH
REL: 1432 HRS Mercer Group Limited
SSH: MGL: SSH Notice - Milford Asset Management Limited
Disclosure of ceasing to have substantial holding
Section 25, Securities Markets Act 1988
To: The New Zealand Exchange Limited
And: Mercer Group Limited
Date this disclosure made: 10th February 2014
Date last disclosure made: 22nd January 2014
Substantial security holder(s) giving disclosure
Name(s): Milford Asset Management Limited
Contact details: Bryce Marsden, Chief Operating Officer, contact: 09
921 4707
E-mail: [email protected]
Date on which substantial security holder(s) ceased to have substantial
holding: 3rd February 2014
Summary of previous substantial holding to which disclosure relates
Class of listed voting securities: Ordinary Shares
Summary for: Milford Asset Management Limited
For last disclosure,--
(a) total number held in class: 14,320,776
(b) total in class: 276,464,206
(c) total percentage held in class: 5.18% (note, relevant interests held by
the manager as follows):
Milford Active Growth Wholesale Fund (3.37%), (Custodian - TEA Custodians),
Milford Dynamic Wholesale Fund (1.81%), (Custodian - TEA Custodians).
For current holding after ceasing to have substantial holding:
(a) total number held in class: 14,320,776
(b) total in class: 294,321,349
(c) total percentage held in class: 4.87% (note, relevant interests held by
the manager as follows):
Milford Active Growth Wholesale Fund (3.17%), (Custodian - TEA Custodians),
Milford Dynamic Wholesale Fund (1.70%), (Custodian - TEA Custodians).
Details of transactions and events giving rise to person ceasing to have
substantial holding
Details of the transactions or other events requiring disclosure under the
instructions to this form:
On the 3rd February 2014 Mercer Group Limited issued or acquired an
additional 17,857,143 ordinary shares thereby reducing the percentage holding
held by Milford Asset Management. Milford Asset Management has not been
involved in any on-market transactions during this period.
Additional information
Nature of connection between substantial security holders: NA
Address(es) of substantial security holder(s): Milford Asset Management
Limited, Level 17, 41 Shortland Street, Auckland 1140, 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: NA
Declaration
I, Bryce Marsden 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:00246807 For:MGL Type:SSH Time:2014-02-10 14:32:41
