Air New Zealand 2015 Annual Report Download - page 63

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Air New Zealand Annual Financial Results 2015 61
Substantial฀product฀holders
The following information is provided in compliance with Section 293 of the Financial Markets Conduct Act 2013 and is stated as at 30 June
2015. The total number of listed ordinary shares of Air New Zealand Limited at that date was 1,121,849,949.
Substantial฀Product฀Holder฀ Quoted฀voting฀products฀in฀the฀company฀in฀which฀a฀relevant฀interest฀is฀held
Her฀Majesty฀the฀Queen฀in฀Right฀of฀New฀Zealand 590,335,199* ordinary shares
In฀ 1989,฀ the฀ Crown฀ issued฀ a฀ Notice฀ that฀ arises฀ through฀ its฀ holding฀ of฀ special฀ rights฀ Convertible฀ Share,฀ the฀ “Kiwi฀ Share”฀ and฀ the฀ power฀ of฀ the฀
Kiwi฀ Shareholder฀ under฀ the฀ Constitution.฀ Full฀ details฀ of฀ the฀ rights฀ pertaining฀ to฀ these฀ shares฀ are฀ set฀ out฀ in฀ the฀ Company’s฀ Constitution.฀ The฀ Kiwi฀
Share฀ does฀ not฀ confer฀ any฀ right฀ on฀ its฀ holder฀ to฀ vote฀ at฀ a฀ shareholders’฀ meeting฀ unless฀ the฀ Kiwi฀ Share฀ has฀ been฀ converted฀ into฀ an฀ Ordinary฀
Share฀ by฀ its฀ holder.฀ The฀ Kiwi฀ Share฀ is฀ not฀ listed฀ on฀ any฀ stock฀ exchange.
*Relevant฀ interests฀ held฀ as฀ follows:
Her฀Majesty฀ the฀ Queen฀ in฀Right฀ of฀ New฀Zealand฀acting฀by฀ and฀ through฀ her฀ Minister฀of฀Finance฀(582,854,593฀ordinary฀ shares)฀and฀New฀Zealand฀
Superannuation฀ Fund฀ (7,480,606฀ ordinary฀ shares)฀ being฀ property฀ of฀ Her฀ Majesty฀ the฀ Queen฀ in฀ Right฀ of฀ New฀ Zealand฀ and฀ managed฀ by฀ the฀
Guardians of New Zealand Superannuation.
Shareholder฀ Statistics฀ –฀ 7฀ August฀ 2015
Size฀of฀Shareholding฀Ordinary฀Shares
Shareholders
Number
%
Shares
Number
%
1 to 1000 15,260 62.03 6,091,358 0.54
1001 to 5000 6,479 26.34 15 ,414,962 1.38
5001 to 10000 1,485 6.04 11,139,639 0.99
10001 to 100000 1,279 5.20 31,931,143 2.85
100001 and Over 96 0.39 1,057,272,847 94.24
Total 24,599 100.00 1,121,849,949 100.00
Current฀on-market฀share฀buybacks
The Company gave an Appendix 3C notice to ASX on 30 September 2014 advising that the Board had decided to renew its share buyback
programme to provide the Company with the flexibility to purchase shares from time to time when market conditions indicate such purchases
would create value for all of the Company’s shareholders. The Company has not, at the date of this Annual Report, undertaken any share
buybacks under that programme.
Non-marketable฀parcels฀of฀shares
As at 7 August 2015, 410 shareholders held Ordinary Shares of less than a marketable parcel.
Shareholder Statistics (continued)