TEL
20/12/2013 10:17
SSH
REL: 1017 HRS Telecom Corporation of New Zealand Limited
SSH: TEL: SSH - Bank of New York Mellon Corporation
Disclosure of movement of 1% or more in substantial holding or change in
nature of relevant interest or both
Sections 23 and 24, Securities Markets Act 1988
Relevant event being disclosed: Increase in holdings from 7.23% to 8.25%
Date of relevant event: 18 December 2013
To: NZX
And: Telecom Corporation of New Zealand Limited (TEL)
Date this disclosure made: 19 December 2013
Date last disclosure made: 18 October 2013
Substantial security holder(s) giving disclosure
Name(s): The Bank of New York Mellon Corporation
Contact details: Nicholas R. Darrow
Email: [email protected]
Telephone: 412-236-7733 Fax: 412-236-6715
Summary of substantial holding to which disclosure relates
A. Class of listed voting securities: Common shares ISIN NZTELE0001S4,
and ADR's ISIN US8792782083
Summary for: The Bank of New York Mellon Corporation, parent holding company
of:
Newton Investment Management Limited
Mellon Capital Management Corporation
The Bank of New York Mellon
BNY Mellon Service Kapitalanlage-Gesellschft mbH
Lockwood Advisors, Inc.
The Dreyfus Corporation
The Boston Company Asset Management LLC
B. The Bank of New York Mellon Corporation is comprised of a large
number of operating and holding companies. The entities identified herein
are subsidiaries of The Bank of New York Mellon Corporation [as ultimate
parent] that have shareholdings in the issuer. All group companies have a
relevant interest by virtue of the fact that they are related group
companies, however, other than those listed herein, they have no actual
shareholding in the issuer, nor do they participate in investment or voting
decisions.
For this disclosure,--
(a) total number held in class: 150,507,420
(b) total in class: 1,824,093,017
(c) total percentage held in class: 8.25%
For last disclosure,--
(a) total number held in class: 131,736,766
(b) total in class: 1,821,573,181
(c) total percentage held in class: 7.23%
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:
There have been various purchases and sales of Common Shares and ADRs over
multiple dates. A purchase of 2,410,792 Common Shares on 18 December 2013
caused us as an aggregated group to increase by more than 1% since our
previous filing.
Details of relevant interests in substantial holding after relevant event
Details for: The Bank of New York Mellon Corporation
Nature of relevant interest(s): Beneficial owner of securities
For that relevant interest,--
(a) number held in class: 150,507,420
(b) percentage held in class: 8.25%
(c) current registered holder(s) of securities: Unknown
(d) registered holder(s) of securities once transfers registered: Unknown
Additional information
Nature of connection between substantial security holders:
The Bank of New York Mellon Corporation is the ultimate parent of the above
named subsidiaries, and is submitting this disclosure on an aggregated basis.
Address(es) of substantial security holder(s):
One Wall Street, New York, New York 10286 USA
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, Nicholas R. Darrow, 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:00245496 For:TEL Type:SSH Time:2013-12-20 10:17:08