Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To: NZX Limited
and
To: Metlifecare Limited
Date this disclosure made: 11 April 2017
Date last disclosure made: 7 April 2017
Date on which substantial holding ceased: 11 April 2017
Substantial product holder(s) giving disclosure:
Full name(s): Forsyth Barr Group Limited
Summary of previous substantial holding
Class of quoted voting products:
Summary for: Ordinary shares (MET.NZ)
Forsyth Barr Group Limited
For last disclosure,--
(a) total number held in class: 43,641,662
(b) total in class:
(c) total percentage held in close 213,005,909
20.49%
For current holding after ceasing to have substantial holding,--
(a) total number held in class: 2,913,058
(b) total in class:
(c) total percentage held in close 213,005,909
1.37%
Details of transactions and investments giving rise to ceasing of substantial
holding
On 7 April 2017 Forsyth Barr Limited on behalf of Forsyth Barr Group Limited
sold 42,411,973 shares to clients at $5.61 per share for aggregate
consideration of $237,931,169, settling 11 April 2017. These transactions
were reported through NZX.
Additional information
Address(es) of substantial product holder(s): Forsyth Barr House, The
Octagon, Dunedin
Contact details: Nick Hegan
T: +64 4 495 8202
E: compliance@forsythbarr.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, Nicholas Hegan, 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:00299718 For:MET Type:SSH Time:2017-04-11 09:52:23