NZO
24/01/2014 09:14
SSH
REL: 0914 HRS New Zealand Oil and Gas Limited
SSH: NZO: SSH - Accident Compensation Corporation (ACC)
Disclosure of ceasing to have substantial holding
Sections 25, Securities Markets Act 1988
To: NZX Limited
And: NEW ZEALAND OIL & GAS ORD NPV
Date this disclosure made: 24 January 2014
Date last disclosure made: 27 November 2012
Substantial security holder(s) giving disclosure
Name(s): Accident Compensation Corporation ("ACC")
Nicholas Bagnall, Blair Tallott, Paul Robertshawe, Blair
Cooper, Jason Familton
Contact details: Matthew Cunliffe +64 4 816 5743
[email protected]
Date on which substantial security holder(s) ceased to have a substantial
holding: 22 January 2014
Summary of substantial holding to which disclosure relates
Class of listed voting securities: Ordinary Shares
Summary for: Accident Compensation Corporation ("ACC")
Nicholas Bagnall, Blair Tallott, Paul Robertshawe, Blair Cooper,
Jason Familton
For last disclosure:
(a) Total number held in class: 24,423,374
(b) Total in class: 403,588,686
(c) Total percentage held in class: 6.052%
For current holding after ceasing to have substantial holding:
(a) Total number held in class: 19,770,892
(b) Total in class: 411,966,224
(c) Total percentage held in class: 4.799%
Details of transactions and events giving rise to person ceasing to have a
substantial holding:
Details of the transactions or other events requiring disclosure under the
instructions to this form:
Sale of 1,200,000 shares for net consideration of NZD $957,120 on 22nd of
January 2014.
Additional information
Nicholas Bagnall, Blair Tallott, Paul Robertshawe, Jason Familton 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 securities of which ACC is the beneficial owner
Address(es) of substantial security holder(s): ACC : Justice Centre, 19
Aitken Street, PO Box 242, Wellington 6140.
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: n/a
Declaration
I, Matthew Cunliffe, 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:00246351 For:NZO Type:SSH Time:2014-01-24 09:14:32
