D&O Ongoing Disclosure – John Wotherspoon

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer: The a2 Milk Company Limited
Date this disclosure made:12/03/2018
Date of last disclosure: 01/03/2018
Director or senior manager giving disclosure
Full name(s):John Scott WOTHERSPOON
Name of listed issuer:The a2 Milk Company Limited
Name of related body corporate (if applicable):
Position held in listed issuer:Chief Executive UK and Europe
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products: (1), (2) and (3) Ordinary Shares
Nature of the affected relevant interest(s):
(1) Legal and beneficial owner; (2) and (3) By
acting in concert with his spouse Susannah Clare
Day, Mr Wotherspoon has the power to exercise
rights to vote attached to, and to dispose of, the
Ordinary Shares held by Susannah Clare Day
For that relevant interest-
Number held in class before acquisition or disposal:
(1) 400,000 Ordinary Shares; (2) and (3) 400,000
Ordinary Shares
Number held in class after acquisition or disposal:(1) Nil; (2) and (3) Nil
Current registered holder(s):
(1) John Scott Wotherspoon; (2) and (3)
Susannah Clare Day
Registered holder(s) once transfers are registered:(1) Susannah Clare Day; (2) and (3) Unknown
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
Class of underlying financial products:
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying financial products
(if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative(if any):
The price specified in the terms of the derivative (if any):
Any other details needed to understand how the amount of the consideration payable under the
derivative or the value of the derivative is affected by the value of the underlying financial
products:
For that derivative,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the relevant interest
in the derivative:
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
3
Details of transactions requiring disclosure-
Date of transaction:(1) and (2) 5/03/2018; (3) 6/03/2018
Nature of transaction:
(1) Off-market transfer of 400,000 Ordinary
Shares; (2) On market sale of 200,000 Ordinary
Shares using broker facilities; (3) On market sale
of 200,000 Ordinary Shares using broker facilities
Name of any other party or parties to the transaction (if known):(1) Susannah Clare Day; (2) and (3) Unknown
The consideration, expressed in New Zealand dollars, paid or received for the acquisition or
disposal. If the consideration was not in cash and cannot be readily by converted into a cash
value, describe the consideration:
(1) Gift of 400,000 Ordinary Shares to Susannah
Clare Day; (2) $2,569,310.40 for the on market
sale of 200,000 Ordinary Shares using broker
facilities; (3) $2,566,824.20 for the on market sale
of 200,000 Ordinary Shares using broker facilities
Number of financial products to which the transaction related:
(1) 400,000 Ordinary Shares; (2) 200,000
Ordinary Shares; (3) 200,000 Ordinary Shares
If the issuer has a financial products trading policy that prohibits directors or senior managers
from trading during any period without written clearance (a closed period) include the following
details—
Whether relevant interests were acquired or disposed of during a closed period:
No

Whether prior written clearance was provided to allow the acquisition or disposal to proceed
during the closed period:
N/A
Date of the prior written clearance (if any):
N/A
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:
Unlisted options to subscribe for Ordinary Shares
(Options)
Nature of relevant interest:
Legal and beneficial owner
For that relevant interest,-
Number held in class:
2,400,998 Options
Current registered holder(s):
John Scott Wotherspoon
For a derivative relevant interest,-
Type of derivative:
Details of derivative,-
The notional value of the derivative (if any) or the notional amount of underlying financial products
(if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative (if any):
The price's specified terms (if any):
Any other details needed to understand how the amount of the consideration payable under the
derivative or the value of the derivative is affected by the value of the underlying financial
products:
For that derivative relevant interest,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the relevant interest
in the derivative:
Certification
I 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.
Signature of director or officer:
Date of signature:
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person:
Notes
Use this form to disclose all the acquisitions and disposals by a director or senior manager of a
listed issuer, or of a related body corporate, or in specified derivatives. The disclosure must be
made within—
(a) 20 working days after the first acquisition or disposal disclosed in this notice if the
acquisitions or disposals are of a kind referred to in section 297(2)(a) of the Financial Markets
Conduct Act 2013; or
(b) in any other case, 5 trading days after the first acquisition or disposal disclosed in
this notice.
11 March 2018