TEL
18/09/2013 08:30
SSH
REL: 0830 HRS Telecom Corporation of New Zealand Limited
SSH: TEL: SSH Notice - (Commerzbank AG, Frankfurt am Main, Germany)
Disclosure of ceasing to have substantial holding
Section 25, Securities Markets Act 1988
To: NZX
And: Telecom Corporation of New Zealand limited (TEL)
Date this disclosure made: 17 September 2013
Date last disclosure made: 17 September 2013
Substantial security holder(s) giving disclosure
Name(s): Commerzbank AG, Frankfurt am Main, Germany
Contact details: Bernd Lammer
Email: [email protected] Tele: +49-69-136 83538 Fax: +49-69-795
369 754
Date on which substantial security holder(s) ceased to have substantial
holding: 16 September 2013
Summary of previous substantial holding to which disclosure relates
Class of listed voting securities: Common Stock ISIN NZTELE0001S4
Summary for: Commerzbank AG
For last disclosure,--
(a) total number held in class: 104,863,533
(b) total in class: 1,817,088,869
(c) total percentage held in class: 5.77
For current holding after ceasing to have substantial holding:
(a) total number held in class: 52,044,729
(b) total in class: 1,817,088,869
(c) total percentage held in class: 2.86
Details of transactions and events giving rise to person ceasing to have
substantial holding
Details of the transactions or other events requiring disclosure under the
instructions to this form:A sale of 52,818,804 Common Shares on 16 September
2013 caused us as an agregated group to cross downwards the 5% initial
threshold.
Additional information
Address(es) of substantial security holder(s): Commerzbank
Aktiengesellschaft, Kaiserplatz 1, 60261 Frankfurt am Main
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: Not applicable
Declaration
I, Bernd Lammer, 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:00241248 For:TEL Type:SSH Time:2013-09-18 08:30:29
