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SPH Notice – Salt Funds Management Limited

Substantial Holder Notice9 February 2018SPGReal Estate

100080615/3821102.1
1

Disclosure of beginning to have substantial holding

Section 276, Financial Markets Conduct Act 2013

To NZX Limited

and

To Stride Property Ltd & Stride Investment Management Ltd – SPG

Date this disclosure made: 9 February 2018

Date on which substantial holding began: 7 February 2018

Substantial product holder(s) giving disclosure

Full name(s): Salt Funds Management Limited

Summary of substantial holding

Class of quoted voting products: Stride Property Group Stapled Securities

Summary for Salt Funds Management Limited

For this disclosure,—

(a) total number held in class: 18,262,735

(b) total in class: 364,989,277

(c) total percentage held in class: 5.004%

Details of relevant interests

Details for Salt Funds Management Limited

Nature of relevant interest(s): Investment Manager

For that relevant interest,—

(a) number held in class: 18,262,735

(b) percentage held in class: 5.004%

(c) current registered holder(s):

(d) registered holder(s) once transfers are registered: See Annexure 1

Details of transactions and events giving rise to substantial holding

Details of the transactions or other events requiring disclosure:

Salt Funds Management filed a ceasing to be a substantial shareholder on the 24

th

January

2018. Since that date, Salt Funds Management has purchased 50,000 shares on-market.



100080615/3821102.1

2

On 7 February 2018 and the four months prior, Salt Funds Management undertook the

following transactions as part of normal on-market trading activities.

Transaction Type Period Shares/Units Consideration

On-market purchases 9/10/17 – 7/02/18 1,530,581 $2,510,390

On-market sale 10/10/17 – 19/01/18 (5,390,981) ($9,274,804)


(3,860,400)



Additional information

Address(es) of substantial product holder(s): Level 3, The Imperial Buildings, 44 Queen

Street, Auckland 1050

Contact details:

Julia Diepbrink, Telephone: 09 869 2933, Email: Julia.diepbrink@saltfunds.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: Not applicable.

Certification

I, Julia Diepbrink, 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.



100080615/3821102.1

3

ANNEXURE 1

SUBSTANTIAL SECURITY HOLDER NOTICE FROM SALT FUNDS MANAGEMENT LTD

DATED 9 February 2018

Name of type of shares Stride Property Group Stapled Securities (SPG)

Percentage held 5.004%


Registered holder:

Guardian Nominees No.2 Ltd (as custodian for

BT Funds Management (NZ) Ltd)

Holding: 14,368,401 (3.937%)

Registered holder:

National Nominees Ltd (as custodian for Salt

Investment Funds Ltd)

Holding: 1,127,248 (0.309%)

Registered holder:

Trustees Executors Limited (as custodian for

TGH Equities Ltd)

Holding: 147,500 (0.040%)

Registered holder:

BNP Paribas Nominees (NZ) Ltd (as custodian for

AMP Capital Investors (New Zealand) Ltd)

Holding: 2,619,586 (0.718%)

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

Other issuers discussed similar conditions around this time

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