SSH – Augusta Capital Limited

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
Note: This form must be completed in accordance with the instructions at the end of the
form.
To NZX Limited
and
To NPT Limited
Relevant event being disclosed: Movement of 1% or more in the substantial holding
Date of relevant event: 7 April 2017
Date this disclosure made: 7 April 2017
Date last disclosure made: 30 September 2016
Substantial product holder(s) giving disclosure
Full name(s): Augusta Capital Limited
Summary of substantial holding
Class of quoted voting products: Ordinary shares (NZX Code: NPT)
Summary for Augusta Capital Limited
For this disclosure,—
(a) total number held in class: 30,528,993
(b) total in class: 161,920,433
(c) total percentage held in class: 18.854%
For last disclosure,—
(a) total number held in class: 15,000,000
(b) total in class: 161,920,433
(c) total percentage held in class: 9.264%

Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure: On 7 April 2017, Augusta
Capital entered acquired beneficial ownership of ordinary shares in NPT Limited through
the following off-market transactions:
Parties to transaction Consideration Number of
shares
Accident Compensation
Corporation
$3,652,280.00 5,371,000
Guardian Nominees No.2
Ltd, National Nominees
Ltd, Trustees Executors
Limited and BNP Paribas
Nominees (NZ) Limited
$4,080,000.00 6,000,000
BNP Paribas Nominees
(NZ) Limited
$2,150,114.44 3,161,933
Forsyth Barr Custodians
Limited
$677,280.00 996,000


Details after relevant event
Details for Augusta Capital Limited
Nature of relevant interest(s): Registered holder and beneficial owner
For that relevant interest,—
(a) number held in class: 15,000,000
(b) percentage held in class: 9.264%
(c) current registered holder(s): Augusta Capital Limited
(d) registered holder(s) once transfers are registered: N/A
Nature of relevant interest(s): Beneficial owner
For that relevant interest,—
(a) number held in class: 15,528,993
(b) percentage held in class: 9.590%

(c) current registered holder(s): Accident Compensation Corporation, Guardian
Nominees No.2 Ltd, National Nominees Ltd, Trustees Executors Limited, BNP Paribas
Nominees (NZ) Limited and Forsyth Barr Custodians Limited
(d) registered holder(s) once transfers are registered: Augusta Capital Limited
For a derivative relevant interest, also—
(a) type of derivative: N/A
(b) details of derivative: N/A
(c) parties to the derivative: N/A
(d) if the substantial product holder is not a party to the derivative, the nature of the
relevant interest in the derivative: N/A
Additional information
Address(es) of substantial product holder(s): Level 2, 30 Gaunt Street, Auckland Central,
1010, New Zealand
Contact details: Mark Francis, Managing Director, +64 9 300 6161, mark@augusta.co.nz
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: Salt Funds Management Limited
Certification
I, Luke Fitzgibbon, 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.