SKT sky network television limited

Ann: SSH: SKT: SSH Notice - ("ACC")

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    SKT
    11/03/2013 14:29
    SSH
    
    REL: 1429 HRS Sky Network Television Limited
    
    SSH: SKT: SSH Notice - ("ACC")
    
    Disclosure of ceasing to have substantial holding
    Sections 25, Securities Markets Act 1988
    
    To: NZX Limited
    And:  Sky Network Television Limited
    Date this disclosure made: 11 March 2013
    Date last disclosure made: 6 March 2013
    
    Substantial security holder(s) giving disclosure
    
    Name(s): Accident Compensation Corporation ("ACC")
      Nicholas Bagnall, Blair Tallott, Paul Robertshawe, Blair
    Cooper.
    Contact details: Claire Boffey  +64 4 816 6062
    [email protected]
    Date on which substantial security holder(s) ceased to have a substantial
    holding: 7 March 2013
    
    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.
    
    For last disclosure:
    
    (a) Total number held in class: 19,793,787
    (b) Total in class:   389,139,785
    (c) Total percentage held in class: 5.087%
    
    For current holding after ceasing to have substantial holding:
    
    (a) Total number held in class: 19,278,145
    (b) Total in class:   389,139,785
    (c) Total percentage held in class: 4.954%
    
    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 200,000 ordinary shares for net consideration of NZ $1,047,348.50 on
    7th March 2013.
    
    Additional information
    
    Nicholas Bagnall, Blair Tallott, Paul Robertshawe 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 : Vogel 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, Claire Boffey, 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:00234011 For:SKT    Type:SSH        Time:2013-03-11 14:29:20
    				
 
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