SSH - Accident Compensation Corporation

CDL Investments New Zealand Limited (CDI) | 2:32 pm, Monday 29 September 2008

CDI
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Market Announcement
Type:SSH

Disclosure of ceasing to have substantial holding
Section 25, Securities Markets Act 1988
To: NZX
And: CDL Investments New Zealand Limited
Date this disclosure made: 29/08/2008
Date last disclosure made: 23/06/2008
Substantial security holder(s) giving disclosure
Name(s): Accident Compensation Corporation
Contact details: Ian Purdy ; +64 4 918 7753 ; Ian.Purdy@acc.co.nz
Date on which substantial security holder(s) ceased to have substantial holding: 24/09/2008
Summary of previous substantial holding to which disclosure relates
Class of listed voting securities: Ordinary
Summary for: Accident Compensation Corporation
For last disclosure,—
(a) total number held in class: 12,243,817
(b) total in class: 243,364,299
(c) total percentage held in class: 5.03%
For current holding after ceasing to have substantial holding:
(a) total number held in class: 12,118,817
(b) total in class: 243,364,299
(c) total percentage held in class: 4.98%
Details of transactions and events giving rise to person ceasing to have substantial holding
Details of the transactions or other events requiring disclosure under the instructions to this form: On-market purchase of 50,000 shares for total consideration $14,558 and on-market sales of 175,000 for total consideration 61,005.
Additional information
Nature of connection between substantial security holders: n/a
Address(es) of substantial security holder(s): n/a
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, Ian Purdy, 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.

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