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Retrieving Data

Security Holder Information

Security Holder Information

Substantial Security Holders

The Company's register of substantial security holders, prepared in accordance with Section 35C of the Securities Markets Act 1988 recorded the following information as at 30 April 2013.

As at 30 April 2013, TrustPower Limited had 315,751,872 ordinary shares on issue. A total of 1,750,707 ordinary shares were held as treasury stock as at 30 April 2013.

Security Holder Class of Security Number
Infratil Limited Shares 159,215,388
TECT Holdings Limited Shares 103,878,838

Spread of Holders as at 30 April 2013

Shares Holders % Shares %
1 to 999 1,506 11.55% 732,313 0.23%
1,000 to 1,999 2,127 16.31% 2,588,743 0.82%
2,000 to 4,999 8,212 62.98% 19,381,330 6.14%
5,000 to 9,999 777 5.96% 4,949,728 1.57%
10,000 to 49,999 366 2.81% 5,953,459 1.89%
50,000 to 99,999 19 0.15% 1,347,186 0.43%
100,000 to 499,999 17 0.13% 3,788,920 1.20%
500,000 to 999,999 5 0.04% 3,839,359 1.22%
1,000,000 plus 9 0.07% 273,170,834 86.50%
13,038 100.00% 315,751,872 100.00%
         
Subordinated Bonds Holders % Subordinated Bonds %
1 to 999 0 0.00% 0 0.00%
1,000 to 1,999 1 0.02% 1,000 0.00%
2,000 to 4,999 1 0.02% 3,000 0.00%
5,000 to 9,999 798 13.43% 4,442,000 1.51%
10,000 to 49,999 3,993 67.19% 80,286,000 27.24%
50,000 to 99,999 782 13.16% 45,620,000 15.48%
100,000 to 499,999 323 5.44% 49,367,000 16.75%
500,000 to 999,999 20 0.34% 12,149,000 4.12%
1,000,000 plus 24 0.40% 102,845,000 34.90%
5,942 100.00% 294,713,000 100.00%
         
Senior Bonds Holders % Senior Bonds %
1 to 999 0 0.00% 0 0.00%
1,000 to 1,999 0 0.00% 0 0.00%
2,000 to 4,999 1 0.03% 2,000 0.00%
5,000 to 9,999 464 12.28% 2,521,000 1.17%
10,000 to 49,999 2,587 68.46% 49,823,000 23.18%
50,000 to 99,999 451 11.93% 24,877,000 11.57%
100,000 to 499,999 242 6.40% 34,905,000 16.23%
500,000 to 999,999 14 0.37% 8,809,000 4.10%
1,000,000 plus 20 0.53% 94,063,000 43.75%
3,779 100.00% 215,000,000 100.00%
         
Shares Holders % Shares %
New Zealand 12,765 97.91% 313,111,113 99.16%
Australia 197 1.51% 2,482,307 0.79%
United Kingdom 25 0.19% 69,207 0.02%
United States of America 17 0.13% 29,162 0.01%
Other 34 0.26% 60,083 0.02%
13,038 100.00% 315,751,872 100.00%
         
Subordinated Bonds Holders % Subordinated Bonds %
New Zealand 5,872 98.82% 290,027,000 98.41%
Australia 22 0.37% 2,167,000 0.74%
United Kingdom 14 0.24% 203,000 0.07%
United States of America 14 0.24% 396,000 0.13%
Other 20 0.33% 1,920,000 0.65%
5,942 100.00% 294,713,000 100.00%

Voting Rights

Every shareholder present in person, by proxy or by representative, on a vote by voices or a show of hands has one vote, and on a poll has one vote for each fully paid share held. Shares held as treasury stock do not have voting rights.


Stock Exchange Listing


The Company's shares are listed on the NZSX and its senior and subordinated bonds are listed on the NZDX.


Current Credit Rating Status


TrustPower does not currently have an external credit rating.

Current NZX Waivers

NZX has granted a waiver dated 23 March 2006 from NZSX Listing Rule 8.1.7 (change of option exercise price or number of underlying securities) to enable the Company to issue options under the Company's Executive Share Option Plan dated 28 February 2006 (as amended on 12 May 2006) in accordance with the exercise price formula contained in the Rules of the Plan. That exercise price formula permits the exercise price to be recalculated on a daily basis which may not be permitted by Listing Rule 8.1.7. The waiver has been granted on the condition that options outstanding issued under the Plan do not exceed 1% of the total shares of the Company. This waiver was varied on 6 July 2006 to permit TrustPower to vary the exercise price of Options issued on 29 May 2006 by amending the formula to permit the dividend with a record date of 26 May 2006 to be included in the calculation of the exercise price, notwithstanding that the record date of such dividends was prior to the issue date of the Options.

The waiver described above is no longer required or relied upon as the last options issued in reliance on the waiver lapsed in June 2012.

NZX Disciplinary Action

There has been no action taken by NZX in relation to the Company under Listing Rule 5.4.2.

Largest Security Holders (as at 30 April 2013)

Rank Holder Name Shares %
1 Infratil Limited 159,215,388 50.42%
2 TECT Holdings Limited 103,878,838 32.90%
3 BNP Paribas Nominees (NZ) Limited* 2,592,202 0.82%
4 Custodial Services Limited A/C 3 2,376,118 0.75%
5 Accident Compensation Corporation* 1,490,790 0.47%
6 Custodial Services Limited A/C 2 1,131,833 0.36%
7 National Nominees New Zealand Limited* 1,080,730 0.34%
8 New Zealand Superannuation Fund Nominees Limited* 930,021 0.29%
9 Citibank Nominees (New Zealand) Limited* 922,541 0.29%
10 Custodial Services Limited A/C 18 829,218 0.26%
11 Custodial Services Limited A/C 4 633,291 0.20%
12 Custodial Services Limited A/C 1 524,288 0.17%
13 TEA Custodians Limited* 416,532 0.13%
14 FNZ Custodians Limited 410,583 0.13%
15 New Zealand Permanent Trustees Limited* 314,000 0.10%
16 Forsyth Barr Custodians Limited 1-33 266,207 0.08%
17 New Zealand Depository Nominee Limited A/C 1 256,884 0.08%
18 Brett Anthony Hart & Lynn Marion Fitness & Judith Louise Burney (Whakaaro Account) 240,000 0.08%
19 Custodial Services Limited A/C 16 216,693 0.07%
20 Brett Anthony Hart 200,000 0.06%
277,926,157 88.00%

* These names are registered in the name of New Zealand Central Securities Depository Limited.

Rank Holder Name Subordinated Bonds %
1 Custodial Services Limited A/C 3 21,045,000 7.14%
2 Forsyth Barr Custodians Limited 1-33 10,623,000 3.60%
3 Custodial Services Limited A/C 2 10,160,000 3.45%
4 FNZ Custodians Limited 9,702,000 3.29%
5 Investment Custodial Services Limited A/C C 6,410,000 2.17%
6 Forsyth Barr Custodians Limited 1-17.5 6,247,000 2.12%
7 Custodial Services Limited A/C 18 5,720,000 1.94%
8 Custodial Services Limited A/C 1 3,600,000 1.22%
9 Custodial Services Limited A/C 4 3,570,000 1.21%
10 BNP Paribas Nominees (NZ) Limited* 3,310,000 1.12%
11 Eastern Central Community Trust Inc 2,750,000 0.93%
12 Forsyth Barr Custodians Limited 1-30 2,659,000 0.90%
13 NZPT Custodians (Grosvenor) Limited* 2,397,000 0.81%
14 New Zealand Methodist Trust Association 2,000,000 0.68%
15 Sterling Holdings Limited 1,827,000 0.62%
16 Citibank Nominees (New Zealand) Limited* 1,561,000 0.53%
17 Forsyth Barr Custodians Limited 1-28 1,479,000 0.50%
18 Forsyth Barr Custodians Limited Account 1 E 1,355,000 0.46%
19 Custodial Services Limited A/C 16 1,348,000 0.46%
20 Lynette Therese Erceg & Darryl Edward Gregory & Catherine Agnes Quinn (Saint Jude's A/C) 1,082,000 0.37%
98,845,000 33.54%

* These names are registered in the name of New Zealand Central Securities Depository Limited.