SSH Notice – Douglas Irrevocable Descendents Trust

100080615/3821103.1
Disclosure of movement of 1% or more in substantial holding
or change in nature of relevant interest, or both
Sections 277 and 278, Financial Markets Conduct Act 2013
To NZX
and
To
Delegat Group Limited
Relevant event being disclosed: Off-market movement of 1% or more in
the substantial holding of Douglas Irrevocable Descendants Trust;
Douglas Family Trust; K&M Douglas Trust.
Date of relevant event: 4 April 2017
Date this disclosure made: 5 April 2017
Date last disclosure made: 27 July 2012
Substantial product holder(s) giving disclosure
Full name(s): Douglas Irrevocable Descendants Trust; Douglas Family
Trust; K&M Douglas Trust.

Summary of substantial holding
Class of quoted voting products: ordinary shares
For this disclosure,—
(a) total number held in class: 10,121,929
(b) total in class: 101,130,192
(c) total percentage held in class :10.01%
For last disclosure,—
(a) total number held in class: 9,067,636
(b) total in class: 101,130,192
(c) total percentage held in class: 8.97%

Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure:
On Market purchases
Details after relevant event
Details for Douglas Irrevocable Descendants Trust; Douglas Family
Trust; K&M Douglas Trust
Nature of relevant interest(s): registered holder and beneficial owner of financial products.

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For that relevant interest,—
(a) number held in class: 10,121,929
(b) percentage held in class: 10.01%
(c) current registered holder(s): no change since last disclosure
(d) registered holder(s) once transfers are registered: Douglas
Irrevocable Descendants Trust; Douglas Family Trust; K&M Douglas
Trust.
For a derivative relevant interest, also—
(a) type of derivative: NA
(b) details of derivative: NA
(c) parties to the derivative: NA
(d) if the substantial product holder is not a party to the derivative, the nature of the
relevant interest in the derivative:
Additional information
Address of substantial product holder :
Contact details: C/o Douglas Telecommunications, Inc.
125 E. Sir Francis Drake Blvd.
Suite 400
Larkspur, CA 94939
USA

Contact details: John Terence Andrews, 04 495 8181, john.andrews@forsythbarr.co.nz
*Nature of connection between substantial product holders: NA
Name of any other person believed to have given, or believed to be required to give, a
disclosure under the Financial Markets Conduct Act 2013 in relation to the financial
products to which this disclosure relates: none
Certification
I, John Terence Andrews, 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.

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