SPH Notice – Lazard Asset Management Pacific Co

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
Note: This form must be completed in accordance with the instructions at the end of the
form.
To : NZX Limited
and
To Sky Network Television Limited
Relevant event being disclosed: A movement of 1% or more in the substantial holding or a
change in the nature of any relevant interest in the substantial holding, or both
Date of relevant event: 26 February 2018
Date this disclosure made: 28 February 2018
Date last disclosure made: 24 October 2017
Substantial product holder(s) giving disclosure
Full name(s): Lazard Asset Management Pacific Co and its related bodies corporate listed in
Annexure A

Summary of substantial holding
Class of quoted voting products: Ordinary Shares in Sky Network Television Limited (SK T)

Summary for Lazard Asset Management Pacific Co
For this disclosure,—
(a) total number held in class: 22,004,157
(b) total in class: 389,139,785
(c) total percentage held in class: 5.655%
For last disclosure,—
(a) total number held in class: 27,322,368
(b) total in class: 389,139,785
(c) total percentage held in class: 7.021%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure: See Annexure B. All on
market trades

2

Details after relevant event
Details for Lazard Asset Management Pacific Co
Nature of relevant interest(s): Lazard Asset Management Pacific Co’s ordinary business
consists of, or includes, the investment of some or all of the funds of another person under
investment management contracts or as the responsible entity of managed investment
schemes and under those documents has the power to exercise, or to control the exercise
of, a right to vote attached to the quoted product or has the power to acquire or dispose
of, or to control the acquisition or disposal of, the quoted product. The relevant interests,
arising under the investment management contracts or constitutions, as the case may be,
arise only from the powers of those documents. The relevant agreement documents or
constitutions need not be attached under regulation 139.
For that relevant interest,—
(a) number held in class: 22,004,157
(b) percentage held in class: 5.655%
(c) current registered holder(s): See below
Registered holder of securities Class and number of securities Percentage Held
Bank of NY Ordinary - 4,906,161 1.261
Citibank Ordinary - 891,437 0.229
Northern Trust Ordinary - 992,592 0.255
BNP Paribas Ltd Ordinary - 2,216,185 0.570
State Street Australia Ltd Ordinary - 310,748 0.080
State Street Australia Ltd Ordinary - 660,288 0.170
JP Morgan Chase Ltd Ordinary - 3,860,310 0.992
JP Morgan Chase Ltd Ordinary - 907,120 0.233
JP Morgan Chase Ltd Ordinary - 2,461,951 0.633
BNP Paribas Ltd Ordinary - 2,891,078 0.743
State Street Australia Ltd Ordinary - 1,279,301 0.329
State Street Australia Ltd Ordinary - 626,986 0.161

3

(d) registered holder(s) once transfers are registered: No change
For a derivative relevant interest, also—
(a) type of derivative: not applicable
(b) details of derivative: not applicable
(c) parties to the derivative: not applicable
(d) if the substantial product holder is not a party to the derivative, the nature of the
relevant interest in the derivative: not applicable
Additional information
Address(es) of substantial product holder(s): c/o Lazard Asset Management Pacific Co
Level 39, Gateway Building, 1 Macquarie Place, Sydney NSW 2000 Australia
Contact details: Apnavi Saddington +61 2 8274 1422 apnavi.saddington@lazard.com
.
*Nature of connection between substantial product holders: The substantial product
holders are all related companies of Lazard Asset Management Pacific Co. See Annexure A
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, Apnavi Saddington 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.

MEL5_610966_1 (W2003)
Page 1 of 1
Annexure ‘A’
to Disclosure of movement of 1% or more in substantial holding
or change in nature of relevant interest or both
dated 28 February 2018
by Lazard Asset Management Pacific Co

Details of related bodies corporate. These related bodies corporate are deemed to
have the same relevant interests as Lazard Asset Management Pacific Co.

Name of entity Address
Lazard Ltd
30 Rockefeller Plaza
New York NY 10020 USA
Lazard Group LLC
30 Rockefeller Plaza
New York NY 10020 USA
Lazard Freres & Co LLC
30 Rockefeller Plaza
New York NY 10020 USA
Lazard Asset Management LLC
30 Rockefeller Plaza
New York NY 10020 USA
Lazard Brothers & Co., Ltd
21 Moorfields
London ED2Y9AE United Kingdom
Lazard Asset Management Limited, London
50 Stratton Street
London W1J 8LL United Kingdom
Lazard Fund Managers (Ireland) Limited
92-93 St Stephens Green, 3
rd
Floor
Dublin 2 Ireland
Lazard Japan Asset Management KK
ATT Annex 7
th
Floor, 2-11-7 Akasaka Minato-Ku
Tokyo 107-00752 Japan
LAMP Administration Pty Ltd
Level 39, Gateway, 1 Macquarie Place Sydney
NSW Australia
Lazard Pty Ltd
Level 38, Gateway, 1 Macquarie Place Sydney
NSW Australia
Lazard Korea Asset Management Co., Ltd
10F Seoul Finance Center, 136 Sejong-daero,
Jung-gu, Seoul 100-768 Korea
Lazard Asset Management (Hong Kong) Ltd
Level 20, 1 International Finance Centre,
1 Harbour View Street,
Central. HK Hong Kong
Lazard Asset Management (Deutschland) GmbH
Neue Mainzer Strasse 69-75
14
th
and 15
th
Floors
Frankfurt 60311 Germany
Deutsche Lazard Asset Management Holding
GmbH
Neue Mainzer Strasse 69-75
14
th
and 15
th
Floors
Frankfurt 60311 Germany
Lazard Funds Marketing GmbH, Frankfurt
Neue Mainzer Strasse 69-75
14
th
and 15
th
Floors
Frankfurt 60311 Germany
Lazard Alternative Investments LLC

30 Rockefeller Plaza
New York NY 10020 USA
Lazard Investment Funds Limited, Dublin
92-93 St Stephens Green, 3
rd
Floor
Dublin 2 Ireland
Lazard Fund Managers Limited, London
50 Stratton Street
London W1J 8LL United Kingdom
Lazard Asset Management Securities LLC
30 Rockefeller Plaza
New York NY 10020 USA
Lazard Asset Management (Singapore) Pte Ltd

1 Raffles Place, #15-02 One Raffles Place Tower
1, Singapore 048616
Lazard Asset Management (Canada), Inc.

130 King Street, West Suite 1800
Toronto, ON MSX 1E3 Canada
Lazard Asset Management Schweiz AG
Usteristr. 9
CH-8001 Zurich Switzerland
Lazard Gulf Limited
Level 2, Gate Village 01
Dubai International Financial Centre Dubai

1
Annexure 'B'
to Disclosure of movement of 1% or more in substantial holding
or change in nature of relevant interest or both
dated 28 February 2018
by Lazard Asset Management Pacific Co
Transaction
Date
Nature of
Transaction
Name of Substantial Security Holder
Consideration
NZD
Number of
Securities
23/11/2017Buy
Lazard Asset Management Pacific Co and its Associates
Listed in Annexure A
1,521,495.78$ 611,757
09/11/2017Sell
Lazard Asset Management Pacific Co and its Associates
Listed in Annexure A
573,820.46$ 222,259
23/11/2017Sell
Lazard Asset Management Pacific Co and its Associates
Listed in Annexure A
1,564,091.32$ 629,705
09/02/2018Sell
Lazard Asset Management Pacific Co and its Associates
Listed in Annexure A
677,648.69$ 239,902
13/02/2018Sell
Lazard Asset Management Pacific Co and its Associates
Listed in Annexure A
489,969.04$ 172,950
14/02/2018Sell
Lazard Asset Management Pacific Co and its Associates
Listed in Annexure A
3,049,621.65$ 1,085,904
15/02/2018Sell
Lazard Asset Management Pacific Co and its Associates
Listed in Annexure A
13,895.24$ 4,963
16/02/2018Sell
Lazard Asset Management Pacific Co and its Associates
Listed in Annexure A
1,264,399.54$ 452,940
19/02/2018Sell
Lazard Asset Management Pacific Co and its Associates
Listed in Annexure A
353,401.03$ 126,958
20/02/2018Sell
Lazard Asset Management Pacific Co and its Associates
Listed in Annexure A
663,649.92$ 237,860
21/02/2018Sell
Lazard Asset Management Pacific Co and its Associates
Listed in Annexure A
809,732.68$ 289,345
22/02/2018Sell
Lazard Asset Management Pacific Co and its Associates
Listed in Annexure A
1,133,653.80$ 406,241
23/02/2018Sell
Lazard Asset Management Pacific Co and its Associates
Listed in Annexure A
181,371.02$ 65,288
26/02/2018Sell
Lazard Asset Management Pacific Co and its Associates
Listed in Annexure A
5,582,250.85$ 1,995,653