Either the number one share holder selling a piece, or otherwise its a portion of NZCS whoever that may be....
Hoglett Hamlett Limited* 148,330,600 38.28
New Zealand Central Securities Depository Ltd 60,370,705 15.58
http://investor.michaelhill.com/stat...8-ade3d088276a from the annual report.
We will find out soon enough who the seller is and potentially who the buyer is if it is one parcel.