SPH Notice - Accident Compensation Corporation (ACC)
Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To New Zealand Stock Exchange
and
To Channel Infrastructure NZ Ltd
Date this disclosure made: 30 May 2024
Date last disclosure made: 22 April 2024
Date on which substantial holding ceased: 29 May 2024
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 (CHI NZ)
Summary for: Accident Compensation Corporation (ACC)
For last disclosure:
(a) Total number held in class: 21,583,308
(b) Total in class: 378,756,041
(c) Total percentage held in class: 5.698%
For current holding after ceasing to have substantial holding:
(a) Total number held in class: 18,668,873
(b) Total in class: 378,756,041
(c) Total percentage held in class: 4.929%
Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure:
From 22 April 2024 to 29 May 2024, ACC had the following aggregated on-market transactions
in Channel Infrastructure NZ Ltd:
• Sales of 3,385,868 shares for consideration of NZD $5,263,217.83
• Purchases of 471,433 shares for consideration of NZD $711,863.83
Additional information
Address(es) of substantial product holder(s):
ACC: Justice Centre, 19 Aitken Street, PO Box 242, Wellington 6140.
Contact details: Matthew Cunliffe +64 4 816 5743 investmentscompliance@acc.co.nz
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, Matthew Cunliffe, 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
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- NZX — NZX Limited: SPH Notice - Accident Compensation Corporation (ACC)2024-08-07
“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 New Zealand Stock Exchange and To NZX Ltd Relevant event being disclosed: Movement of 1% or more Date of…”
- NZX — NZX Limited: SPH Notice – Accident Compensation Corporation (ACC)2024-04-30
“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 New Zealand Stock Exchange and To NZX Ltd Relevant event being disclosed: Movement of 1% or more Date of…”
- APL — Asset Plus: SPH Notice – Accident Compensation Corporation (ACC)2024-05-06
“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 New Zealand Stock Exchange and To Asset Plus Ltd Relevant event being disclosed: Movement of 1% or more…”