SPH Notice – Milford Asset Management Limited
100080615/3821107.1 1
Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
Note: This form must be completed in accordance with the instructions at the end of the
form.
To The New Zealand Stock Exchange
and
To Steel & Tube Holdings Limited
Date this disclosure made: 17/10/2018
Date last disclosure made: 07/09/2018
Date on which substantial holding ceased: 16/10/2018
Substantial product holder(s) giving disclosure
Full name(s): Milford Asset Management Limited
Summary of previous substantial holding
Class of quoted voting products: Ordinary shares
Summary for Milford Asset Management Limited
For last disclosure,—
(a) total number held in class: 25,393,753
(b) total in class: 165,997,540
(c) total percentage held in class: 15.298%
Milford Active Growth Wholesale Fund (7.572%), (Custodian - NNL Custodians),
Milford NZ Equities Wholesale Fund (1.588%), (Custodian - NNL Custodians),
Milford Income Wholesale Fund (1.257%), (Custodian – NNL Custodians),
Milford Private Equity Limited and MPE II GP Limited as a related body corporate of
Milford Funds Limited (4.881%), (Custodian – FNZ).
For current holding after ceasing to have substantial holding,—
(a) total number held in class: 0
(b) total in class: 165,997,540
(c) total percentage held in class: 0
100080615/3821107.1 2
Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure:
On market sale transactions of 26,274,753 ordinary shares made on 16
th
October 2018 for
a total consideration of $45,888,204.
Additional information
Address(es) of substantial product holder(s): Milford Asset Management Limited, Level 28,
48 Shortland Street, Auckland 1140, New Zealand
Contact details: Milford Asset Management Limited, Level 28, 48 Shortland Street,
Auckland 1140, New Zealand
Certification
I, Kash Mehra 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.
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
Other issuers discussed similar conditions around this time
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