Ann: SSH: STU: SSH Notice - Milford Asset Management Limited

• Release Date: 24/06/14 15:32
• Summary: SSH: STU: SSH Notice - Milford Asset Management Limited
• Price Sensitive: No
• Download Document  3.85KB

					STU
24/06/2014 15:32
SSH

REL: 1532 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: 23rd June 2014
To: The New Zealand Stock Exchange
And: Steel and Tube Holdings Limited
Date this disclosure made: 24th  June 2014
Date last disclosure made: 28th May 2014

Substantial security holder(s) giving disclosure
Name(s): Milford Asset Management Limited
Contact details: Mark Ryland, Risk and Compliance Manager, Contact +64 9 921
-4746
    [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: 11,655,984
(b) total in class:  88,454,240
(c) total percentage held in class: 13.18 % (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 (0.38%), (Custodian - TEA
Custodians),
Waikato Community Trust (0.28%), (Custodian - TEA Custodians),
Milford Income Wholesale Fund (0.41%), (Custodian - TEA Custodians),
NZ Equities Wholesale Fund (3.34%), (Custodian - TEA Custodians),
New Zealand Superannuation Fund (2.82%), (Custodian - New Zealand
Superannuation Fund
Nominees Limited),
Mercer Trans-Tasman Shares Trust (1.13%), (Custodian - BNP Paribas Securities
Limited).

For the last disclosure, --
(a) total number held in class: 10,702,512
(b) total in class:  88,444,240
(c) total percentage held in class: 12.10% (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 (0.32%), (Custodian - TEA
Custodians),
Waikato Community Trust (0.22%), (Custodian - TEA Custodians),
Milford Income Wholesale Fund (0.41%), (Custodian - TEA Custodians),
NZ Equities Wholesale Fund (2.78%), (Custodian - TEA Custodians),
New Zealand Superannuation Fund (2.53%), (Custodian - New Zealand
Superannuation Fund
Nominees Limited),
Mercer Trans-Tasman Shares Trust (1.02%), (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
28-May-14 Buy        39,446     120,630.83
29-May-14 Buy        10,000       30,850.27
3-Jun-14 Buy   3,000   9,279.27
4-Jun-14 Buy     111,000     343,055.23
5-Jun-14 Buy        16,000       49,249.21
6-Jun-14 Buy        11,000       33,583.55
9-Jun-14 Buy     236,000     723,023.90
12-Jun-14 Buy   6,000       18,438.42
16-Jun-14 Buy     151,000     461,932.55
17-Jun-14 Buy        18,188       55,876.62
18-Jun-14 Buy   7,000       21,581.56
19-Jun-14 Buy        72,000     223,300.68
23-Jun-14 Buy     272,838    846,744.82

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, Mark Ryland 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:00251954 For:STU    Type:SSH        Time:2014-06-24 15:32:50