SPH Notice – New Zealand Superannuation Fund Nominees Ltd

1


NTAC:2SE-18
Disclosure of beginning to have substantial holding
Section 276, 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 Summerset Group Holdings Limited
Date this disclosure made: 26/10/2017
Date on which substantial holding began: 24/10/2017
Substantial product holder(s) giving disclosure
Full name(s): New Zealand Superannuation Fund Nominees Limited as nominee for the
New Zealand Superannuation Fund being property of Her Majesty the Queen in right of
New Zealand and managed by the Guardians of New Zealand Superannuation (“NZSF”)
Summary of substantial holding
Class of quoted voting products: ordinary shares in Summerset Group Holdings Limited -
ISIN:
NZSUME0001S0
Summary for: NZSF
For this disclosure,—
(a) total number held in class: 11,235,840
(b) total in class: 223,036,104
(c) total percentage held in class: 5.038%
Details of relevant interests
Details for: NZSF
Nature of relevant interest(s): Beneficial owner of shares and/or power to control the
acquisition/disposal of, and voting rights attached to, shares
For that relevant interest,—
(a) number held in class: 11,235,840
(b) percentage held in class: 5.038%
(c) current registered holder(s): Unknown

2


NTAC:2SE-18
(d) registered holder(s) once transfers are registered:
New Zealand Central Securities Depository Limited (for NZSF). Of these shares,
4.674% are within NZSF’s internal equities portfolio, 0.007% are within NZSF’s
portfolio managed by State Street Global Advisors, Australia, Limited and 0.356%
are within NZSF’s portfolio managed by Mint Asset Management 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
Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure under the Instructions to
this form: Between 24 June 2017 and 24 October 2017, NZSF purchased an aggregate of
994,935 ordinary shares in Summerset Group Holdings Limited on-market for aggregate
consideration of $5,054,533.

Additional information
Address(es) of substantial product holder(s): Level 12, Zurich House, 21 Queen Street,
Auckland 1010, New Zealand
Contact details:
Nikki Bell
Ph No. +64 9 300 6980
Email: nbell@nzsuperfund.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: N/A
Certification
I, Nikki Bell, 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.