Friday, 29 March 2024

Announcement

SHINTR: NPT: SPH Notice - Accident Compensation Corporation (ACC)

25 Aug 2017 16:25NZX
Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013

To New Zealand Stock Exchange
and
To NPT Ltd

Date this disclosure made:   25 August 2017
Date on which substantial holding began: 24 August 2017

Substantial product holder(s) giving disclosure
Full Name(s): Accident Compensation Corporation (ACC)
Nicholas Bagnall, Guy Elliffe, Paul Robertshawe, Blair Tallott, Blair Cooper,
Jason Familton, Jonathan Davis

Summary of substantial holding to which disclosure relates
Class of quoted voting products: Ordinary shares
Summary for: ACC
Nicholas Bagnall, Guy Elliffe, Paul Robertshawe, Blair Tallott, Blair Cooper,
Jason Familton, Jonathan Davis

For this disclosure,--
(a) Total number held in class:  8,385,879
(b) Total in class:     161,920,433

(c) Total percentage held in class:   5.179%

Details of relevant interests
Details for ACC
Nature of relevant interest(s):
Beneficial owner of securities under ?235(1)(b) of the Financial Markets
Conduct Act
No relevant agreement document needs to be attached under regulation 139.
For that relevant interest,--
(a) Number held in class:   8,385,879
(b) Percentage held in class:  5.179%
(c) Current registered holder(s): ACC via New Zealand Central Securities
Depository Limited (NZCSD)
(d) Registered holder(s) once transfers are registered: unknown

Details for
Nicholas Bagnall, Guy Elliffe, Paul Robertshawe, Blair Tallott, Blair Cooper,
Jason Familton, Jonathan Davis

Nature of relevant interest(s):
Qualified powers to exercise control of rights to vote and/or of acquisition
or disposal of some or all of the financial products, of which the Accident
Compensation Corporation ("ACC") is the beneficial owner under ?235(1)(c)and
235(1)(d) of the Financial Markets Conduct Act. Further to regulation
139(2)(b), the material terms of this arrangement are that powers are subject
to ACC investment policies and the decisions of the ACC Investment Committee.

For that relevant interest,
(a) Number held in class:   8,385,879
(b) Percentage held in class:  5.179%
(c) Current registered holder(s): held by ACC via New Zealand Central
Securities Depository Limited (NZCSD)
(d) Registered holder(s) once transfers are registered: unknown

Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure:
In the last 4 months to 24 August 2017, ACC had aggregated on-market
purchases of 8,385,879 shares for the consideration of NZD $4,947,669. There
were no sale transactions.

Additional information
Address of substantial product holder(s): ACC: Justice Centre, 19 Aitken
Street, PO Box 242, Wellington, NZ
Contact details: Jonathan Williams    +64 4 816 8045
investmentscompliance@acc.co.nz

Nature of connection between substantial product holders: Nicholas Bagnall,
Guy Elliffe, Paul Robertshawe, Blair Tallott, Blair Cooper, Jason Familton
and Jonathan Davis are employees of ACC and either a portfolio manager,
equity analyst or corporate governance manager. 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 financial
products of which ACC is the beneficial owner.
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: n/a

Certification
I, Jonathan Williams 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:00306187 For:NPT    Type:SHINTR     Time:2017-08-25 16:25:08
Views: 447
NPT Limited Ordinary Shares
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High:0.6000 
Low:0.6000 
Volume:0 
Last Traded:07/02/18 00:20:50 
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52-Wk Low:0.5700