TWR
06/11/2013 08:50
SSH
REL: 0850 HRS Tower Limited
SSH: TWR: SSH - 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: 6 November 2013
To: The New Zealand Stock Exchange
And: Tower Limited
Date this disclosure made: 6 November 2013
Date last disclosure made: 2 October 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: 16,916,120
(b) total in class: 207,193,438
(c) total percentage held in class: 8.16% (note, relevant interests held by
the manager as follows):
Milford Active Growth Wholesale Fund (2.45%), (Custodian - TEA Custodians),
Trust Investments Sustainable NZ Share Fund (0.16%), (Custodian - TEA
Custodians),
Waikato Community Trust (0.11%), (Custodian - TEA Custodians),
Milford Income Wholesale Fund (2.24%), (Custodian - TEA Custodians),
NZ Equities Wholesale Fund (0.97%), (Custodian - TEA Custodians),
New Zealand Superannuation Fund (1.75%), (Custodian - New Zealand
Superannuation Fund
Nominees Limited),
Mercer Trans-Tasman Shares Trust (0.48%), (Custodian - BNP Paribas Securities
Limited).
For the last disclosure,--
(a) total number held in class: 21,259,770
(b) total in class: 207,193,438
(c) total percentage held in class: 10.26% (note, relevant interests held by
the manager as follows):
Milford Active Growth Wholesale Fund (5.06%), (Custodian - TEA Custodians),
Trust Investments Sustainable NZ Share Fund (0.14%), (Custodian - TEA
Custodians),
Waikato Community Trust (0.09%), (Custodian - TEA Custodians),
Milford Income Wholesale Fund (2.26%), (Custodian - TEA Custodians),
NZ Equities Wholesale Fund (0.79%), (Custodian - TEA Custodians),
New Zealand Superannuation Fund (1.51%), (Custodian - New Zealand
Superannuation Fund
Nominees Limited),
Mercer Trans-Tasman Shares Trust (0.41%), (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. [please see attachment for details of
transactions]
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:00243389 For:TWR Type:SSH Time:2013-11-06 08:50:21
