- Release Date: 24/10/14 09:48
- Summary: SSH: SCL: SSH Notice - Accident Compensation Corporation
- Price Sensitive: No
- Download Document 3.87KB
SCL 24/10/2014 09:48 SSH REL: 0948 HRS Scales Corporation Limited SSH: SCL: SSH Notice - Accident Compensation Corporation Disclosure of beginning to have substantial holding Section 22, Securities Markets Act 1988 To: NZX Limited And: Scales Corporation Limited Date this disclosure made: 24 October 2014 Substantial security holder(s) giving disclosure Name(s): Accident Compensation Corporation ("ACC") Nicholas Bagnall, Paul Robertshawe, Blair Tallott, Blair Cooper, Jason Familton, Martin Goldfinch Contact details: Matthew Cunliffe +64 4 816 5743 [email protected] Date on which substantial security holder(s) began to have substantial holding: 25 July 2014 Summary of substantial holding to which disclosure relates Class of listed voting securities: Ordinary Shares Summary for: Accident Compensation Corporation ("ACC") Nicholas Bagnall, Paul Robertshawe, Blair Tallott, Blair Cooper, Jason Familton, Martin Goldfinch For this 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% Details of relevant interests in substantial holding after relevant event Details for: ACC Nature of relevant interest(s): Beneficial owner of securities under s 5 (1) (b) of the Securities Markets Act No relevant agreement document needs to be attached under regulation 11. For that relevant interest,-- (a) Number held in class: 8,365,124 (b) Percentage held in class: 5.985% (c) Current registered holder(s) of securities: ACC via New Zealand Central Securities Depository Limited (NZCSD) (d) Registered holder(s) of securities once transfers registered: unknown Details for: Nicholas Bagnall, Paul Robertshawe, Blair Tallott, Blair Cooper, Jason Familton, Martin Goldfinch Nature of relevant interest(s): Qualified powers to exercise control of rights to vote and of acquisition or disposal of some or all of the securities, of which the Accident Compensation Corporation ("ACC") is the beneficial owner under s 5(1)(c)and 5 (1)(d) of the Securities Markets Act. Further to regulation 11(2)(b), the material terms of this arrangement are that powers are subject to ACC investment policies and the decisions of the ACC Investment Committee. For that relevant interest, (a) Number held in class: 8,365,124 (b) Percentage held in class: 5.985% (c) Current registered holder(s) of securities: held by ACC via New Zealand Central Securities Depository Limited (NZCSD) (d) Registered holder(s) of securities once transfers registered: unknown 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: ACC became a substantial security holder upon 8,231,824 shares in Scales being quoted on the NZX Main Board and additional purchases of 133,300 shares for net consideration of NZD$210,824.61 on the 25th of July 2014. Additional information Nicholas Bagnall, Paul Robertshawe, Blair Tallott, Blair Cooper, Jason Familton and Martin Goldfinch 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, NZ 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:00256797 For:SCL Type:SSH Time:2014-10-24 09:48:41
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