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 Augusta Capital Ltd
Relevant event being disclosed: Movement of 1% or more in substantial holding
Date of relevant event: 21 June 2016
Date this disclosure made: 23 June 2016
Date last disclosure made: 2 June 2016
Substantial product holder(s) giving disclosure
Full name(s): ANZ New Zealand Investments Limited and ANZ Bank New Zealand
Limited
Summary of substantial holding
Class of quoted voting products: Ordinary shares - AUG
Summary for: ANZ New Zealand Investments Limited
For this disclosure,--
(a) total number held in class: 9,470,474
(b) total in class: 87,528,908
(c) total percentage held in class: 10.820%
For last disclosure,--
(a) total number held in class: 8,477,987
(b) total in class: 87,528,908
(c) total percentage held in class: 9.686%
Summary for: ANZ Bank New Zealand Limited
For this disclosure,--
(a) total number held in class: 35,051
(b) total in class: 87,528,908
(c) total percentage held in class: 0.040%
For last disclosure,--
(a) total number held in class: 35,051
(b) total in class: 87,528,908
(c) total percentage held in class: 0.040%
Details of transactions and events giving rise to relevant event
The relevant interests arise from the ordinary fund management activities of
ANZ New Zealand Investments Limited and ANZ Bank New Zealand Limited across a
number of managed funds and client investment portfolios. In addition, ANZ
Bank New Zealand Limited''s relevant interests arise as a result of holdings
within client portfolios in an execution only trading service provided by ANZ
Bank New Zealand Limited.
Details of the transactions or other events requiring disclosure by ANZ New
Zealand Investments Limited:
[please see table in attachment]
Details after relevant event
Details for: ANZ New Zealand Investments Limited
Nature of Relevant interest(s):
ANZ New Zealand Investments Limited acts as an investment manager for certain
investment funds as listed below and as a result has a relevant interest in
the financial products as it has:
o A qualified power to exercise the right to vote attached to the
financial products; and
o A qualified power to acquire or dispose of the financial products
ANZ New Zealand Investments Limited''s relevant interests stated above arise
only from the powers of investment contained in its investment management
contracts for:
MFL Mutual Fund Limited, ANZ Wholesale Property Securities Fund and ANZ
Wholesale Trans-Tasman Property Securities Fund.
The investment management contract is not attached to this notice further to
Regulation 142 of the Financial Market Conduct Regulation 2014 (the
Regulations).
For that relevant interest,--
(a) number held in class: 9,470,474
(b) percentage held in class: 10.820%
(c) current registered holder(s) of securities: New Zealand
Central Securities Depositary Limited
(d) registered holder(s) of securities once transfers registered:
Unknown
Details for: ANZ Bank New Zealand Limited
Nature of Relevant interest(s):
ANZ Bank New Zealand Limited (ANZ Bank) acts as a discretionary investment
management service (DIMS) provider in respect of individual client investment
portfolios under a DIMS client agreement. As a result, ANZ Bank has a
relevant interest interest in quoted voting products as it has:
o A conditional power to exercise the right to vote attached to quoted
voting products; and
o A power to acquire or dispose of quoted voting products
pursuant to the DIMS client agreement. The DIMS client agreement is not
attached to this notice further to Regulation 142 of the Regulations.
ANZ Bank also provides an execution-only trading service in respect of
individual client investment portfolios under a trading service client
agreement. As a result, ANZ Bank has a relevant interest in quoted voting
products, as it has a power to exercise voting rights in respect of quoted
voting products pursuant to the client agreement. The trading service client
agreement is not attached to this notice further to Regulation 142 of the
Regulations.
For that relevant interest,--
(a) number held in class: 35,051
(b) percentage held in class: 0.040%
(c) current registered holder(s) of securities: New Zealand
Central Securities Depositary Limited
(d) registered holder(s) of securities once transfers registered:
Unknown
Additional information
Address(es) of substantial product holder(s): ANZ Centre, 23-29 Albert
Street, Auckland, 1010
Contact details: Kawai Hong, 0800 269 296,
kawai.hong@anz.com
Nature of connection between substantial security holders:
ANZ New Zealand Investments Limited and ANZ Bank New Zealand Limited are
related bodies corporate under section 237(d) of the Financial Markets
Conduct Act 2013.
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: None
Declaration
I, Jayne Fairbairn , 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:00284532 For:AUG Type:SSH Time:2016-06-23 12:16:01