SCL
16/09/2015 15:22
SSH
NOT PRICE SENSITIVE
REL: 1522 HRS Scales Corporation Limited
SSH: SCL: SSH Notice - Accident Compensation Corporation ("ACC")
Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To NZX Limited
and
To Scales Corporation Limited
Date this disclosure made: 16 September 2015
Date last disclosure made: 24 October 2014
Date on which substantial holding ceased: 15 September 2015
Substantial product holder(s) giving disclosure
Full Name(s): Accident Compensation Corporation ("ACC")
Nicholas Bagnall, Guy Elliffe, Paul Robertshawe, Blair Tallott, Blair Cooper,
Jason Familton, Martin Goldfinch
Summary of previous substantial holding
Class of quoted voting products: Ordinary Shares (SCL NZ)
Summary for: Accident Compensation Corporation ("ACC")
Nicholas Bagnall, Guy Elliffe, Paul Robertshawe, Blair Tallott, Blair Cooper,
Jason Familton, Martin Goldfinch
For last disclosure:
(a) Total number held in class: 8,365,124
(b) Total in class: 139,779,006
(c) Total percentage held in class: 5.985%
For current holding after ceasing to have substantial holding:
(a) Total number held in class: 6,838,266
(b) Total in class: 139,779,006
(c) Total percentage held in class: 4.892%
Details of transactions and events giving rise to ceasing of substantial
holding
Details of the transactions or other events requiring disclosure:
On-market sales of 183,558 shares for net consideration of NZD $357,938.10 on
15th September 2015.
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,
Guy Elliffe, Paul Robertshawe, Blair Tallott, Blair Cooper, Jason Familton
and Martin Goldfinch are employees and portfolio managers or equity analysts
or corporate governance manager 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:00270250 For:SCL Type:SSH Time:2015-09-16 15:22:28
