Ongoing Disclosure Notice – Michael Stiassny

Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
 
To NZX Limited; and
Name of listed issuer: Vector Limited
Date this disclosure made: 3/08/2016
Date of last disclosure: 14-Mar-06
 
Director or senior manager giving disclosure
Full name(s): Michael Peter Stiassny
Name of listed issuer: Vector Limited
Name of related body corporate (if applicable):
Position held in listed issuer: Director
 
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products: Ordinary Shares (VCT)
Nature of the affected relevant interest(s): Registered Holder
For that relevant interest-
Number held in class before acquisition or disposal: 12,644
Number held in class after acquisition or disposal: 13,966
Current registered holder(s): The Estate of Lilly Stiassny
Registered holder(s) once transfers are registered: Michael Peter Stiassny
 
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
Class of underlying financial products:
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying financial products (if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative (if any):
The price specified in the terms of the derivative (if any):
Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products:
For that derivative,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative:
 
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: 1
Details of transactions requiring disclosure-
Date of transaction: 26/07/2016
Nature of transaction: Settlement of the Estate of Lilly Stiassny
Name of any other party or parties to the transaction (if known): The Estate of Lilly Stiassny
The consideration, expressed in New Zealand dollars, paid or received for the acquisition or disposal. If the consideration was not in cash and cannot be readily by converted into a cash value, describe the consideration: None
Number of financial products to which the transaction related: 1322
If the issuer has a financial products trading policy that prohibits directors or senior managers from trading during any period without written clearance (a closed period) include the following details—
Whether relevant interests were acquired or disposed of during a closed period: Yes
Whether prior written clearance was provided to allow the acquisition or disposal to proceed during the closed period: N/A
Date of the prior written clearance (if any): N/A
 
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products: Ordinary Shares (VCT)
Nature of relevant interest: Non Beneficial. Mr. Stiassny may have the power to control the rights to vote attaching to, or the power to control the disposition of these financial products.
For that relevant interest,-
Number held in class: 51,827
Current registered holder(s): Rebecca Stiassny Kate Stiassny Ben Stiassny
For a derivative relevant interest,-
Type of derivative:
Details of derivative,-
The notional value of the derivative (if any) or the notional amount of underlying financial products (if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative (if any):
The price's specified terms (if any):
Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products:
For that derivative relevant interest,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative:
 
Certification
I 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.
Signature of director or officer:
Date of signature:
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature: 3-Aug-16
Name and title of authorised person: John Rodger - Company Secretary