Friday, 23 February 2018

Announcement

SHINTR: TWR: SPH Notice - Salt Funds Management Limited

22 Dec 2017 11:01NZX
Disclosure of movement of 1% or more in substantial holding
or change in nature of relevant interest, or both
Sections 277 and 278, Financial Markets Conduct Act 2013

To NZX Limited
and
To Tower Limited

Relevant event being disclosed:
Date of relevant event: 20 December 2017

Date this disclosure made: 22 December 2017

Date last disclosure made: 1 February 2017

Substantial product holder(s) giving disclosure
Full name(s): Salt Funds Management Limited

Summary of substantial holding
Class of quoted voting products: Tower Limited Ordinary Shares (TWR)

Summary for Salt Funds Management Limited
For this disclosure,--
(a) total number held in class: 38,197,257
(b) total in class: 337,324,300
(c) total percentage held in class: 11.324%

For last disclosure,--
(a) total number held in class: 16,965,182
(b) total in class: 168,662,150
(c) total percentage held in class: 10.059%

Details of transactions and events giving rise to relevant event
Salt Funds Management participated in the 1:1 rights issue purchasing a total
of 21,388,077 shares for consideration of $8,982,992.34. In addition, Salt
Funds Management undertook the following transactions as part of normal
on-market trading activities: see attached

Details after relevant event
Details for Salt Funds Management Limited
Nature of relevant interest(s): Investment Manager
For that relevant interest,--
(a) total number held in class: 38,197,257
(b) total in class: 337,324,300
(c) total percentage held in class: 11.324%
(d) registered holder(s) once transfers are registered: See Annexure 1.

Additional information
Address(es) of substantial product holder(s): Level 3, The Imperial
Buildings, 44 Queen Street, Auckland 1050
Contact details:

Randall Clement, Telephone: 09 869 7278, Email:
randall.clement@saltfunds.co.nz

Name of any other person believed to have given, or believed to be required
to give, a disclosure under the Financial Markets Conduct Act 2013 in
relation to the financial products to which this disclosure relates: Not
applicable.

Certification
I, Randall Clement, certify 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:00312420 For:TWR    Type:SHINTR     Time:2017-12-22 11:01:48
Views: 275
Tower Ltd ordinary
 0.6600 Change:
0.00
0.00%
 
Open:0.6600 
High:0.6600 
Low:0.6600 
Volume:9,000 
Last Traded:07/02/18 09:10:09 
Bid:0.6600 
Ask:0.6600 
52-Wk High:1.4000 
52-Wk Low:0.6000