PGW
06/07/2012 12:59
SSH
REL: 1259 HRS PGG Wrightson Limited
SSH: PGW: SSH - Torchlight Securities Limited
Disclosure of ceasing to have substantial holding
Section 25, Securities Markets Act 1988
Relevant event being disclosed: Ceasing to have substantial holding
Date of relevant event: 6 July 2012
To: NZX Limited
And: PGG Wrightson Limited
Date this disclosure made: 6 July 2012
Date last disclosure made: 15 March 2012
Substantial security holder(s) giving disclosure
Name(s): Torchlight Securities Limited
Contact details: Michael Tinkler, 021 704 231 [email protected]
Date on which substantial security holder(s) ceased to have substantial
holding: 6 July 2012
Summary of previous substantial holding to which disclosure relates
Class of listed voting securities: Ordinary shares
Summary for Torchlight Securities Limited
For last disclosure,--
(a) total number held in class: 53,000,000
(b) total in class: 754,848,774
(c) total percentage held in class: 7.02%
For current holding after ceasing to have substantial holding:
(a) total number held in class: 13,000,000
(b) total in class: 754,848,774
(c) total percentage held in class: 1.722%
Details of transactions and events giving rise to person ceasing to have
substantial holding
On market sale of 40,000,000 ordinary shares on 6 July 2012 for a total
consideration of $11,600,000.
Additional information
Nature of connection between substantial security holders: N/A
Address(es) of substantial security holder(s): c/o Pyne Gould Corporation
Limited, Level 17, AMP Centre, 29 Customs Street West, Auckland
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, Michael Tinkler, 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:00224727 For:PGW Type:SSH Time:2012-07-06 12:59:32
