WDT
24/06/2014 15:38
SSH
REL: 1538 HRS Wellington Drive Technologies Limited
SSH: WDTPA: SSH Notice - Accident Compensation Corporation
Disclosure of ceasing to have substantial holding
Sections 25, Securities Markets Act 1988
To: NZX Limited
And: WELLINGTON DRIVE TECHNOLOGIES LTD
Date this disclosure made: 24 June 2014
Date last disclosure made: 22 May 2014
Substantial security holder(s) giving disclosure
Name(s): Accident Compensation Corporation ("ACC")
Nicholas Bagnall, Paul Robertshawe, Blair Tallott, Blair
Cooper, Jason Familton
Contact details: Matthew Cunliffe +64 4 816 5743
[email protected]
Date on which substantial security holder(s) ceased to have a substantial
holding: 20 June 2014
Summary of substantial holding to which disclosure relates
Class of listed voting securities: Preference shares mandatorily convertible
into ordinary shares
Summary for: Accident Compensation Corporation ("ACC")
Nicholas Bagnall, Paul Robertshawe, Blair Tallott, Blair
Cooper, Jason Familton
For last disclosure:
(a) Total number held in class: 1,060,031
(b) Total in class: 11,089,519
(c) Total percentage held in class: 9.559%
For current holding after ceasing to have substantial holding:
(a) Total number held in class: 1,060,031
(b) Total in class: 25,211,740
(c) Total percentage held in class: 4.205%
Details of transactions and events giving rise to person ceasing to have a
substantial holding:
Details of the transactions or other events requiring disclosure under the
instructions to this form:
The issue of the remaining subscription of 14,122,221 convertible preference
shares by Wellington Drive Technologies on the 20th of June 2014.
Additional information
Nicholas Bagnall, Paul Robertshawe, Blair Tallott, Blair Cooper and Jason
Familton are employees and portfolio managers or equity analysts for ACC.
Under current ACC investment policies, they have the discretion to exercise
control over some or all the rights to vote and acquisition or disposal of
some or all of the securities of which ACC is the beneficial owner
Address(es) of substantial security holder(s): ACC : Justice Centre, 19
Aitken Street, PO Box 242, Wellington 6140.
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, Matthew Cunliffe, 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:00251955 For:WDT Type:SSH Time:2014-06-24 15:38:34
