- Release Date: 07/03/13 11:16
- Summary: SSH: SKT: SSH (Paul Robertshawe)
- Price Sensitive: No
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SKT 07/03/2013 09:16 SSH REL: 0916 HRS Sky Network Television Limited SSH: SKT: SSH (Paul Robertshawe) Disclosure of beginning to have substantial holding Section 22, Securities Markets Act 1988 To: NZX Limited And: Sky Network Television Limited Date this disclosure made: 7 March 2013 Substantial security holder(s) giving disclosure Name(s): Paul Robertshawe Contact details: Tim Agar +64 4 816 7045 [email protected] Date on which substantial security holder(s) began to have substantial holding: 5 March 2013 Summary of substantial holding to which disclosure relates Class of listed voting securities: Ordinary Shares Summary for: Paul Robertshawe For this disclosure,-- (a) Total number held in class: 19,803,787 (b) Total in class: 389,139,785 (c) Total percentage held in class: 5.089% Details of relevant interests in substantial holding after relevant event Details for: Paul Robertshawe Nature of relevant interest(s): Paul Robertshawe 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: 10,000 (b) Percentage held in class: 0.003% (c) Current registered holder(s) of securities: held by Paul Robertshawe either directly or indirectly (d) Registered holder(s) of securities once transfers registered: unknown Details for: Accident Compensation Corporation ("ACC") 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 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: 19,793,787 (b) Percentage held in class: 5.087% (c) Current registered holder(s) of securities: ACC holds 19,403,208 shares directly via New Zealand Central Securities Depository Limited (NZCSD) and 390,579 shares indirectly via JP Morgan Nominees Australia Ltd. (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: Purchased 6,700,000 shares through private placement for net consideration NZD $32,288,640.00 on 5th March 2013, and the aggregation of interests in securities held by Paul Robertshawe and ACC Additional information Paul Robertshawe is an employee and portfolio manager for ACC. Under current ACC investment policies, he has 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, Paul Robertshawe, 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:00233888 For:SKT Type:SSH Time:2013-03-07 09:16:32
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