Ann: SSH: SKL: SSH Notice - Accident Compensation Corporation

• Release Date: 29/08/14 14:50
• Summary: SSH: SKL: SSH Notice - Accident Compensation Corporation
• Price Sensitive: No
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					SKL
29/08/2014 14:50
SSH

REL: 1450 HRS Skellerup Holdings Limited

SSH: SKL: SSH Notice - Accident Compensation Corporation

Disclosure of movement of 1% or more in substantial holding or change in
nature of relevant interest or both
Sections 23 and 24, Securities Markets Act 1988

Relevant event being disclosed: Movement of 1% or more
Date of relevant event:  28 August 2014
To: NZX Limited
And: Skellerup Holdings Limited
Date this disclosure made: 29 August 2014
Date last disclosure made: 7 May 2013

Substantial security holder(s) giving disclosure
Name(s): Accident Compensation Corporation ("ACC")
Nicholas Bagnall, Paul Robertshawe, Blair Tallott, Blair Cooper, Jason
Familton, Ian Purdy
Contact details: Marpessa Hof  +64 4 816 6062
[email protected]
Summary of substantial holding to which disclosure relates
Class of listed voting securities: Ordinary Units
Summary for:   Accident Compensation Corporation ("ACC")
Nicholas Bagnall, Paul Robertshawe, Blair Tallott, Blair Cooper, Jason
Familton, Ian Purdy
For this disclosure,--
(a) Total number held in class: 12,477,334
(b) Total in class:   192,805,807
(c) Total percentage held in class: 6.471%
For last disclosure,--
(a) Total number held in class: 14,737,820
(b) Total in class:   192,805,807
(c) Total percentage held in class: 7.644%

Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure under the
instructions to this form:
Sale of 504,500 shares for net consideration of NZD $804,778.40 on 28th
August 2014.

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: 12,477,334
(b) Percentage held in class: 6.471%
(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, Ian Purdy
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: 12,477,334
(b) Percentage held in class: 6.471%
(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

Additional information
Nicholas Bagnall, Paul Robertshawe, Blair Tallott, Blair Cooper, Jason
Familton and Ian Purdy 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, Marpessa Hof, 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:00254608 For:SKL    Type:SSH        Time:2014-08-29 14:50:41