Ann: SSH: STU: SSH Notice - Milford Asset Managem

• Release Date: 14/04/14 16:35
• Summary: SSH: STU: SSH Notice - Milford Asset Management Limited
• Price Sensitive: No
• Download Document  4.75KB

					STU
14/04/2014 14:35
SSH

REL: 1435 HRS Steel & Tube Holdings Limited

SSH: STU: SSH Notice - Milford Asset Management Limited

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

Relevant event being disclosed: Change in nature of relevant interest
Date of relevant event: 10th April 2014
To: The New Zealand Stock Exchange
And: Steel and Tube Holdings Limited
Date this disclosure made: 14th April 2014
Date last disclosure made: 9th December 2013

Substantial security holder(s) giving disclosure
Name(s): Milford Asset Management Limited
Contact details: Bryce Marsden, Chief Operating Officer, contact: (09)
921 4707
E-mail: [email protected]

Summary of substantial holding to which disclosure relates
Class of listed voting securities: Ordinary Share
Summary for: Milford Asset Management Limited

For this disclosure, --
(a) total number held in class: 9,817,846
(b) total in class:  88,444,240
(c) total percentage held in class: 11.10% (note, relevant interests held by
the manager as follows):
Milford Active Growth Wholesale Fund (4.82%), (Custodian - TEA Custodians),
Trust Investments Sustainable NZ Share Fund (0.28%), (Custodian - TEA
Custodians),
Waikato Community Trust (0.19%), (Custodian - TEA Custodians),
Milford Income Wholesale Fund (0.41%), (Custodian - TEA Custodians),
NZ Equities Wholesale Fund (2.32%), (Custodian - TEA Custodians),
New Zealand Superannuation Fund (2.17%), (Custodian - New Zealand
Superannuation Fund
Nominees Limited),
Mercer Trans-Tasman Shares Trust (0.91%), (Custodian - BNP Paribas Securities
Limited).

For the last disclosure, --
(a) total number held in class: 8,925,176
(b) total in class:  88,444,240
(c) total percentage held in class: 10.09% (note, relevant interests held by
the manager as follows):
Milford Active Growth Wholesale Fund (4.63%), (Custodian - TEA Custodians),
Trust Investments Sustainable NZ Share Fund (0.23%), (Custodian - TEA
Custodians),
Waikato Community Trust (0.16%), (Custodian - TEA Custodians),
Milford Income Wholesale Fund (0.40%), (Custodian - TEA Custodians),
NZ Equities Wholesale Fund (1.45%), (Custodian - TEA Custodians),
New Zealand Superannuation Fund (2.55%), (Custodian - New Zealand
Superannuation Fund
Nominees Limited),
Mercer Trans-Tasman Shares Trust (0.67%), (Custodian - BNP Paribas Securities
Limited).

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:
Milford Asset Management Limited undertook the below on market transactions;

Trade Date Buy/Sell  Shares  Consideration
9-Dec-13 Buy     27,530    80,949.55
11-Dec-13 Buy     46,000    131,639.28
13-Dec-13 Buy      27,130    78,755.68
9-Jan-14 Buy      14,000    44,099.26
13-Jan-14 Buy    100,000   310,930.00
15-Jan-14 Buy     40,000    124,124.00
20-Jan-14 Buy     25,000    77,539.96
23-Jan-14 Buy     20,000     61,997.94
28-Jan-14 Buy        6,000     18,535.44
30-Jan-14 Buy      10,000    30,830.80
31-Jan-14 Buy      22,661     70,127.88
5-Feb-14 Buy        6,560    20,356.34
10-Feb-14 Buy    108,428   332,316.84
11-Feb-14 Buy      41,572   128,269.68
13-Feb-14 Buy     116,397         360,252.29
17-Feb-14 Buy        5,000     15,265.25
19-Feb-14 Sell - 785,508  -    2,356,524.00
20-Feb-14 Buy   200,000         630,609.98
21-Feb-14 Buy      14,999    47,794.07
24-Feb-14 Buy     65,000         204,850.64
26-Feb-14 Buy     69,350   216,588.37
28-Feb-14 Buy     30,000    94,294.20
5-Mar-14  Buy     65,000
200,947.02
6-Mar-14 Buy     68,920   213,865.65
7-Mar-14  Buy      136,112
427,819.07
13-Mar-14 Buy     25,000    76,276.20
17-Mar-14 Buy        9,000    27,387.36
18-Mar-14 Buy      33,175     101,617.02

19-Mar-14 Buy     46,825   143,427.78
20-Mar-14 Buy     25,040    76,699.02
21-Mar-14 Buy        9,539    28,836.59
27-Mar-14 Buy      30,123    90,459.37
31-Mar-14 Buy    155,000   473,619.25
3-Apr-14  Buy      10,000
29,929.90
4-Apr-14  Buy         8,170
24,412.66
9-Apr-14 Buy     42,037     126,237.11

10-Apr-14 Buy       18,610    55,885.83

Additional information
Nature of connection between substantial security holders: NA
Address(es) of substantial security holder(s): Milford Asset Management
Limited,  Level 17, 41 Shortland Street, Auckland 1140, New Zealand.
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: NA

Declaration
I, Bryce Marsden 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:00249460 For:STU    Type:SSH        Time:2014-04-14 14:35:11