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: Movement of 1% or more in a substantial
holding
Date of relevant event: 17 June 2013
To: NZX
And: Kiwi Income Property Trust
Date this disclosure made: 20 June 2013
Date last disclosure made: 28 May 2012
Substantial security holder(s) giving disclosure
Name(s): OnePath (NZ) Limited
Contact details: Anthony Perkins, +64 9 3564000, William.sargent@anz.com
Summary of substantial holding to which disclosure relates
Class of listed voting securities: Ordinary Shares
Summary for: OnePath (NZ) Limited
For this disclosure,--
(a) total number held in class: 66,533,040
(b) total in class: 1,006,153,978
(c) total percentage held in class: 6.613%
For last disclosure,--
(a) total number held in class: 54,354,352
(b) total in class: 981,293,912
(c) total percentage held in class: 5.539%
Details of transactions and events giving rise to relevant event
Please see attached.
Details of relevant interests in substantial holding after relevant event
Details for: OnePath (NZ) Limited
Nature of relevant interest(s):
OnePath (NZ) Limited acts as an investment manager for certain investment
funds and as a result has a relevant interest in the units as it has:
o A conditional power to exercise the right to vote attached to the
units; and
o A conditional power to acquire or dispose of the units
OnePath (NZ) Limited''s relevant interests stated above arise only from the
powers of investment contained in its investment management contracts with:
BNZ Officer''s Provident Association, Government Superannuation Fund
Authority, National Provident Fund, The New Zealand Defence Force and the
Waikato Community Trust incorporated.
And as a manager of:
BNZ Officer''s Provident Association, Government Superannuation Fund
Authority, National Provident Fund, The New Zealand Defence Force and the
Waikato Community Trust incorporated.
For that relevant interest,--
(a) number held in class: 66,533,040
(b) percentage held in class: 6.613%
(c) current registered holder(s) of securities: see schedule one
(d) registered holder(s) of securities once transfers registered: Unknown
Additional information
Nature of connection between substantial security holders: N/A
Address(es) of substantial security holder(s): ): Level 27, ASB Centre, 135
Albert Street, Auckland 1010
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: None
Declaration
I, William Sargent, 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:00237631 For:KIP Type:SSH Time:2013-06-20 10:57:54