- Release Date: 11/10/12 11:35
- Summary: SSH: STU: SSH (OneSteel NZ Holdings Limited)
- Price Sensitive: No
- Download Document 3KB
STU 11/10/2012 09:35 SSH REL: 0935 HRS Steel & Tube Holdings Limited SSH: STU: SSH (OneSteel NZ Holdings Limited) Securities Markets (Substantial Security Holders) Regulations 2007 FORM 2(Sections 23 and 24, Securities Markets Act 1988) DISCLOSURE OF MOVEMENT OF 1% OR MORE IN SUBSTANTIAL HOLDING OR CHANGE IN NATURE OF RELEVANT INTEREST OR BOTH Relevant event being disclosed: Change in nature of relevant interest in substantial holding Date of relevant event: 10 October 2012 TO: NZX Limited AND: Steel & Tube Holdings Limited (STU) Date this disclosure made: 11 October 2012 Date last disclosure made 2 December 2002 Substantial security holder giving disclosure Name: OneSteel NZ Holdings Limited (OneSteel) Contact details: Kara Nicholls Company Secretary, Arrium Limited Tel: +61 2 9239 6633 Email: [email protected] Summary of substantial holding to which disclosure relates Class of listed voting securities: Ordinary Shares Summary for: OneSteel NZ Holdings Limited For this disclosure: (a) total number held in class: 44,504,814 (b) total in class: 88,427,240 (c) total percentage held in class: 50.329% For last disclosure: (a) total number held in class: 44,507,204 (b) total in class: 88,534,066 (c) total percentage held in class: 50.271% 2478563 v1 2 Details of transaction and events giving rise to relevant event Pursuant to an agreement between Arrium Limited (the ultimate parent company of OneSteel) and Craigs Investment Partners Limited ("Craigs") dated 9 October 2012, Craigs agreed to manage and underwrite the sale of OneSteel's shareholding in STU. The shares were sold at a price of $2.05 per share to a range of retail and institutional investors. It is expected that settlement of the sale will occur on 17 October 2012 and a notice of ceasing to be a substantial security holder will be filed at that time. Details of relevant interests in substantial holding after relevant event Details for: OneSteel NZ Holdings Limited Nature of relevant interest: Legal and beneficial holder pending settlement of sale on 17 October 2012 For that relevant interest: (a) number held in class: 44,504,814 (b) percentage held in class: 50.329% (c) current registered holder(s) of securities: OneSteel NZ Holdings Limited (d) registered holder(s) of securities once transfers registered: Various Additional information Nature of connection between substantial security holders: N/A Address of substantial security holder: C/- Kensington Swan, Level 9, 89 The Terrace, Wellington, 6011, 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: Accident Compensation Corporation Declaration I, Kara Nicholls, Company Secretary for Arrium Limited 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:00228336 For:STU Type:SSH Time:2012-10-11 09:35:43
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