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KMD BRANDS LIMITED — Major Shareholding Notification 2017
Oct 6, 2017
65190_rns_2017-10-06_d933c60e-b454-46af-a8ab-f4ededac80af.pdf
Major Shareholding Notification
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Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To New Zealand Stock Exchange
and
To Kathmandu Holdings Ltd Date this disclosure made: 6 October 2017 Date last disclosure made: 22 September 2017 Date on which substantial holding ceased: 5 October 2017
Substantial product holder(s) giving disclosure
Full Name(s): Accident Compensation Corporation (ACC)
Summary of previous substantial holding
Class of quoted voting products: Ordinary shares
Summary for: ACC
For last disclosure:
(a) Total number held in class: 10,259,314 (b) Total in class: 202,166,789 (c) Total percentage held in class: 5.075% For current holding after ceasing to have substantial holding:
(a) Total number held in class: 9,859,314 (b) Total in class: 202,166,789 (c) Total percentage held in class: 4.877%
Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure:
From 22 September 2017 to 5 October 2017, ACC had the following aggregated on-market transactions in Kathmandu Holdings Ltd:
- Sales of 400,000 shares for consideration of NZD $956,745
Additional information
Address of substantial product holder:
ACC: Justice Centre, 19 Aitken Street, PO Box 242, Wellington 6140.
Contact details: Jonathan Williams +64 4 816 7045 [email protected]
In accordance with the Financial Markets Authority’s Guidance Note: Guidance on Substantial Product Holder Disclosures issued on 27 September 2017, ACC has not made disclosures for employees who manage 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 securities 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.