Insurance Australia Group announces that an organization has ceased being a substantial holder
2008-12-01 15:56:00+10:00
Insurance Australia Group [ASX:IAG] has announced that one of it's substantial holders has finalised it's holding in the company. Insurance Australia Group has issued similar announcements five times before, most recently about 0 minutes ago on Tuesday 18 March 2008. The announcement 'Form 605 - Ceasing to be a Substantial Holder' was issued to the ASX on Monday 01 December 2008. [Notice Type: Substantial Holding Notice - Final]
2008-12-01 15:56:00+10:00
Insurance Australia Group [ASX:IAG] has announced that one of it's substantial holders has finalised it's holding in the company. Insurance Australia Group has issued similar announcements five times before, most recently about 0 minutes ago on Tuesday 18 March 2008. The announcement 'Form 605 - Ceasing to be a Substantial Holder' was issued to the ASX on Monday 01 December 2008. [Notice Type: Substantial Holding Notice - Final]
Form 605 - Ceasing to be a substantial holder
Monday 01 Dec 2008
Form 605
Corporations Act 2001 Section 671B
Notice of ceasing to be a substantial holder
To ACN/ARSN Insurance Australia Group Limited (IAG) 090 739 923
1. Details of substantial holder Name ABN Barclays Group lodged by Barclays Global Investors Australia Limited 33 001 804 566 (Barclays Global Investors Australia Limited)
The holder ceased to be a substantial holder on The previous notice was given to the company on The previous notice was dated 2. Changes in relevant interests
20 November 2008 21 November 2008 21 November 2008
Particulars of each change in, or change in the nature of, a relevant interests of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows: Date of change 20/11/08 Person whose relevant interest changed Barclays Group see Annexure A Nature of change Reduction in voting power Consideration given in relation to change Average price $3.62 Class and number of securities affected Ordinary (1,177,974) Person’s votes affected
(0.07%)
3. Changes in association The persons who have becomes associates of, ceased to be associates of, or have changed the nature of their association with, the substantial holder in relation to voting interests in the company or scheme are as follows: Name and ACN/ARSN (if applicable) Nature of association See Annexure A
4. Addresses The addresses of persons named in this form are as follows: Name Barclays Global Investors Australia Limited Address Level 43, 225 George Street, Sydney NSW 2000
Signature
_________________________________ Company Secretary Barclays Global Investors Australia
1 December 2008 Date
Barclays Global Investors Australia
Form 605 page 1 of 2
This is “Annexure A” of 1 page referred to in Form 605 Notice of ceasing to be a substantial holder
Relevant interest in Insurance Australia Group Limited (“IAG”) held by members of the Barclays Group. The list of Barclays entities with relevant interest are as follows:
Barclays Global Investors Japan Ltd Barclays Global Investors Ltd Barclays Global Investors Ltd Barclays Life Assurance Co Ltd Barclays Global Investors (Deutschland) AG Gerrard Investment Management Ltd Barclays Global Investors, N.A. Barclays Global Fund Advisors Barclays Capital Securities Ltd Barclays Global Investors Canada Ltd Barclays Global Investors Australia Ltd
The JP Morgan Chase Bank Inc. and various other custodians (Custodians) hold shares in IAG for which the members of the Barclays Group are either: • • the responsible entity or trustee of investment schemes (Funds); or pooled investment products such as registered managed
the investment manager of Portfolios held for a number of institutional investors. The institutional investors are generally superannuation funds regulated under the Superannuation Industry Supervision Act 1993.
The holding of shares in IAG was acquired as part of the wide portfolio of Australian shares and units acquired for the Funds and the Portfolios. The members of the Barclays Group and the Custodians may hold relevant interests due to the capacity of these entities to dispose of the shares in IAG. Each investor in a Fund owns an undivided interest in the Fund’s assets, no client directly owns any asset of the Fund. The unitholding of each Fund varies from time to time as clients enter and withdraw from the Funds. The various institutional investors with portfolios delegate the management of the portfolios to the Barclays Group.
_________________________________ Company Secretary Barclays Global Investors Australia
1 December 2008 Date
Barclays Global Investors Australia
Form 605 page 2 of 2
Monday 01 Dec 2008
Form 605
Corporations Act 2001 Section 671B
Notice of ceasing to be a substantial holder
To ACN/ARSN Insurance Australia Group Limited (IAG) 090 739 923
1. Details of substantial holder Name ABN Barclays Group lodged by Barclays Global Investors Australia Limited 33 001 804 566 (Barclays Global Investors Australia Limited)
The holder ceased to be a substantial holder on The previous notice was given to the company on The previous notice was dated 2. Changes in relevant interests
20 November 2008 21 November 2008 21 November 2008
Particulars of each change in, or change in the nature of, a relevant interests of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows: Date of change 20/11/08 Person whose relevant interest changed Barclays Group see Annexure A Nature of change Reduction in voting power Consideration given in relation to change Average price $3.62 Class and number of securities affected Ordinary (1,177,974) Person’s votes affected
(0.07%)
3. Changes in association The persons who have becomes associates of, ceased to be associates of, or have changed the nature of their association with, the substantial holder in relation to voting interests in the company or scheme are as follows: Name and ACN/ARSN (if applicable) Nature of association See Annexure A
4. Addresses The addresses of persons named in this form are as follows: Name Barclays Global Investors Australia Limited Address Level 43, 225 George Street, Sydney NSW 2000
Signature
_________________________________ Company Secretary Barclays Global Investors Australia
1 December 2008 Date
Barclays Global Investors Australia
Form 605 page 1 of 2
This is “Annexure A” of 1 page referred to in Form 605 Notice of ceasing to be a substantial holder
Relevant interest in Insurance Australia Group Limited (“IAG”) held by members of the Barclays Group. The list of Barclays entities with relevant interest are as follows:
Barclays Global Investors Japan Ltd Barclays Global Investors Ltd Barclays Global Investors Ltd Barclays Life Assurance Co Ltd Barclays Global Investors (Deutschland) AG Gerrard Investment Management Ltd Barclays Global Investors, N.A. Barclays Global Fund Advisors Barclays Capital Securities Ltd Barclays Global Investors Canada Ltd Barclays Global Investors Australia Ltd
The JP Morgan Chase Bank Inc. and various other custodians (Custodians) hold shares in IAG for which the members of the Barclays Group are either: • • the responsible entity or trustee of investment schemes (Funds); or pooled investment products such as registered managed
the investment manager of Portfolios held for a number of institutional investors. The institutional investors are generally superannuation funds regulated under the Superannuation Industry Supervision Act 1993.
The holding of shares in IAG was acquired as part of the wide portfolio of Australian shares and units acquired for the Funds and the Portfolios. The members of the Barclays Group and the Custodians may hold relevant interests due to the capacity of these entities to dispose of the shares in IAG. Each investor in a Fund owns an undivided interest in the Fund’s assets, no client directly owns any asset of the Fund. The unitholding of each Fund varies from time to time as clients enter and withdraw from the Funds. The various institutional investors with portfolios delegate the management of the portfolios to the Barclays Group.
_________________________________ Company Secretary Barclays Global Investors Australia
1 December 2008 Date
Barclays Global Investors Australia
Form 605 page 2 of 2
