SKT sky network television limited

Ann: SSH: SKT: SSH (Paul Robertshawe)

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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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