Announcement
SSH: BLT: SSH (Accident Compensation Corporation)
04:46pm
BLT
10/09/2010 16:45
SSH
REL: 1645 HRS BLIS Technologies Limited
SSH: BLT: SSH (Accident Compensation Corporation)
Disclosure of beginning to have substantial holding
Section 22, Securities Markets Act 1988
To: NZX Limited
And: BLIS TECHNOLOGIES CNV CUM PREF SHS
Date this disclosure made: 10 Sep 10
Substantial security holder(s) giving disclosure
Name(s): Accident Compensation Corporation ("ACC")
Nicholas Bagnall, Blair Tallott, Ian Graham
Contact details: Kym Nijsse +64 4 918 7067 Kym.nijsse@acc.co.nz
Date on which substantial security holder(s) began to have substantial
holding: 07 Sep 10
Summary of substantial holding to which disclosure relates
Class of listed voting securities: BLIS TECHNOLOGIES CNV CUM PREF SHARES
Summary for: Accident Compensation Corporation ("ACC")
Nicholas Bagnall, Blair Tallott , Ian Graham
For this disclosure,--
(a) Total number held in class: 201,416
(b) Total in class: 4,000,000
(c) Total percentage held in class: 5.035%
Details of relevant interests in substantial holding after relevant event
Details for: ACC
Nature of relevant interest(s):
Beneficial owner of securities under s 5 (1) (b) of the Securities Markets
Act
No relevant agreement document needs to be attached under regulation 11.
For that relevant interest,--
(a) Number held in class: 201,416
(b) Percentage held in class: 5.035%
(c) Current registered holder(s) of securities: ACC via New Zealand
Central Securities Depository Limited (NZCSD)
(d) Registered holder(s) of securities once transfers registered: n/a
Details for: Nicholas Bagnall, Blair Tallott, Ian Graham
Nature of relevant interest(s):
Qualified powers to exercise control of rights to vote and of acquisition or
disposal of some or all of the securities, of which the Accident Compensation
Corporation ("ACC") is the beneficial owner under s 5(1)(c)and 5 (1)(d) of
the Securities Markets Act. Further to regulation 11(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: 201,416
(b) Percentage held in class: 5.035%
(c) Current registered holder(s) of securities: ACC via New Zealand
Central Securities Depository Limited (NZCSD)
(d) Registered holder(s) of securities once transfers registered: n/a
Details of transactions and events giving rise to person beginning to have
substantial holding
Details of the transactions or other events requiring disclosure under the
instructions to this form:
On market purchase of 4,299 shares for a net consideration on NZD 11,653.73
on the ?7th September 2010
Additional information
Nicholas Bagnall, Blair Tallott, Ian Graham are employees and portfolio
managers for ACC. 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 securities of which ACC is the
beneficial owner
Address(es) of substantial security holder(s): ACC : 81-83 Molesworth Street,
Wellington
Name of any other person believed to have given, or believed to be required
to give, a disclosure under the Act in relation to the securities to which
this disclosure relates: n/a
Declaration
I, Kym Nijsse, declare 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:00199598 For:BLT Type:SSH Time:2010-09-10 16:46:00
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