SPH Notice – Commonwealth Bank of Australia

100080615/3821107.1 1

Disclosure of ceasing to have substantial holding

Section 279, Financial Markets Conduct Act 2013



To NZX LIMITED
and
To KATHMANDU HOLDINGS LIMITED

Date this disclosure made: 16-Jul-2018
Date last disclosure made: 30-Apr-2018
Date on which substantial holding ceased: 11-Jul-2018



Substantial product holder(s) giving disclosure
Full name(s):
Commonwealth Bank of Australia

Summary of previous substantial holding
Class of quoted voting products: Ordinary shares

Summary for Commonwealth Bank of Australia

For last disclosure,—

(a) total number held in class:



11,406,547
(b) total in class:

225,314,819
(c) total percentage held in class: 5.062%

For current holding after ceasing to have substantial holding,—
(a) total number held in class: 11,245,940
(b) total in class:

225,314,819
(c) total percentage held in class: 4.991%
Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure:


See Appendix A



Additional information
Address(es) of substantial product holder(s):
*
Avanteos Investments Limited ACN 096 259 979, Ground Floor Tower 1, 201 Sussex Street, Sydney, NSW, 2000, Australia
*
ASB Group Investments Limited Company Number 533945, Level 2, ASB North Wharf, 12 Jellicoe Street, Auckland, 1010 ,
New Zealand
*
Commonwealth Bank of Australia ACN 123 123 124, Ground Floor Tower 1, 201 Sussex Street, Sydney, NSW, 2000, Australia

*
Colonial First State Investments Limited ACN 002 348 352, Ground Floor Tower 1, 201 Sussex Street, Sydney, NSW, 2000,
Australia
*
Realindex Investments Pty Limited ACN 133 312 017, Ground Floor Tower 1, 201 Sussex Street, Sydney, NSW, 2000, Australia

Contact details:
Anitha Subramanian, +61 (0) 457 529 297, AUSR_SM02041@cba.com.au


Nature of connection between substantial product holders:
Avanteos Investments Limited ACN 096 259 979
ASB Group Investments Limited Company Number 533945
Colonial First State Investments Limited ACN 002 348 352
Realindex Investments Pty Limited ACN 133 312 017
Commonwealth Bank of Australia is a related body corporate of


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]

100080615/3821107.1 2




Certification
I, Clare McManus, 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.

100080615/3821107.1 3


Appendix A

Details of the transactions or other events requiring disclosure:

Date of Transaction Holder of Relevant Interest Registered Company Before Event Registered Company After Event Nature of Change Class
Number of
Securities
Cash Consideration Currency

Friday, 27 April 2018
Realindex Investments Pty Limited ACN
133 312 017

Unknown

Citibank N A Hong Kong

Purchase

Ordinary shares

8,028

20,872.80

NZD

Monday, 30 April 2018
ASB Group Investments Limited ACN
533945

Unknown

Citibank N A Hong Kong

Purchase

Ordinary shares

150,000

391,035.00

NZD

Monday, 30 April 2018
Realindex Investments Pty Limited ACN
133 312 017

Unknown

Citibank N A Hong Kong

Purchase

Ordinary shares

54,998

143,891.27

NZD

Tuesday, 1 May 2018
Realindex Investments Pty Limited ACN
133 312 017

Unknown

JPMorgan (UK)

Purchase

Ordinary shares

91,224

221,674.32

AUD

Thursday, 3 May 2018
Commonwealth Bank of Australia ACN
123 123 124

Unknown
The Bank Of New York Mellon,
Sydney Branch
Borrow Increase, Goldman
Sachs International

Ordinary shares

76,516

N/A

NZD

Friday, 4 May 2018
ASB Group Investments Limited ACN
533945

Citibank N A Hong Kong

Unknown

Sale

Ordinary shares

32,659

87,852.71

NZD

Friday, 4 May 2018
ASB Group Investments Limited ACN
533945

Citibank N A Hong Kong

Unknown

Sale

Ordinary shares

239,564

644,427.16

NZD

Friday, 4 May 2018
Commonwealth Bank of Australia ACN
123 123 124
The Bank Of New York Mellon, Sydney
Branch

Unknown
Borrow Decrease,
Goldman Sachs

Ordinary shares

76,516

N/A

NZD

Tuesday, 8 May 2018
ASB Group Investments Limited ACN
533945

Citibank N A Hong Kong

Unknown

Sale

Ordinary shares

2,907

7,713.43

NZD

W ednesday, 9 May 2018
ASB Group Investments Limited ACN
533945

Unknown

Citibank N A Hong Kong

Purchase

Ordinary shares

300,000

791,970.00

NZD

Thursday, 10 May 2018
Commonwealth Bank of Australia ACN
123 123 124

Unknown
The Bank Of New York Mellon,
Sydney Branch
Borrow Increase, Barclays
Capital Securities Ltd

Ordinary shares

97,382

N/A

NZD

Thursday, 10 May 2018
Commonwealth Bank of Australia ACN
123 123 124

Unknown
The Bank Of New York Mellon,
Sydney Branch
Borrow Increase, Goldman
Sachs International

Ordinary shares

14,060

N/A

NZD

Friday, 11 May 2018
Commonwealth Bank of Australia ACN
123 123 124
The Bank Of New York Mellon, Sydney
Branch

Unknown
Borrow Decrease, Barclays
Capital Securities Ltd

Ordinary shares

97,382

N/A

NZD

Friday, 11 May 2018
Commonwealth Bank of Australia ACN
123 123 124
The Bank Of New York Mellon, Sydney
Branch

Unknown
Borrow Decrease,
Goldman Sachs
International

Ordinary shares

14,060

N/A

NZD

Tuesday, 15 May 2018
ASB Group Investments Limited ACN
533945

Citibank N A Hong Kong

Unknown

Sale

Ordinary shares

156,096

408,971.52

NZD

Tuesday, 22 May 2018
Realindex Investments Pty Limited ACN
133 312 017

Unknown

JPMorgan (UK)

Purchase

Ordinary shares

350,859

813,992.88

AUD

Monday, 28 May 2018
ASB Group Investments Limited ACN
533945

Unknown

Citibank N A Hong Kong

Purchase

Ordinary shares

131,000

315,133.60

NZD

Thursday, 31 May 2018
Realindex Investments Pty Limited ACN
133 312 017

Citibank N A Hong Kong

Unknown

Sale

Ordinary shares

14,571

35,407.53

NZD

Friday, 1 June 2018
Commonwealth Bank of Australia ACN
123 123 124

Unknown
The Bank Of New York Mellon,
Sydney Branch
Borrow Increase, Goldman
Sachs International

Ordinary shares

39,789

N/A

NZD

Friday, 1 June 2018
Realindex Investments Pty Limited ACN
133 312 017
Citicorp Nominees Pty Limited (New
Zealand)

Unknown

Sale

Ordinary shares

5,805

14,280.30

NZD

Monday, 4 June 2018
Commonwealth Bank of Australia ACN
123 123 124
The Bank Of New York Mellon, Sydney
Branch

Unknown
Borrow Decrease,
Goldman Sachs
International

Ordinary shares

39,789

N/A

NZD

W ednesday, 13 June 2018
ASB Group Investments Limited ACN
533945

Unknown

Citibank N A Hong Kong

Purchase

Ordinary shares

50,000

122,000.00

NZD

W ednesday, 13 June 2018
ASB Group Investments Limited ACN
533945

Unknown

Citibank N A Hong Kong

Purchase

Ordinary shares

250,000

610,000.00

NZD

W ednesday, 13 June 2018
Colonial First State Investments Limited
(Note 1) ACN 002 348 352

Unknown
Citicorp Nominees Pty Limited
(Australia)

Purchase

Ordinary shares

6,885

15,639.28

AUD

Thursday, 14 June 2018
Commonwealth Bank of Australia ACN
123 123 124

Unknown
The Bank Of New York Mellon,
Sydney Branch
Borrow Increase, Goldman
Sachs International

Ordinary shares

88,093

N/A

NZD

Friday, 15 June 2018
Commonwealth Bank of Australia ACN
123 123 124

Unknown
The Bank Of New York Mellon,
Sydney Branch
Borrow Increase, Goldman
Sachs International

Ordinary shares

89,801

N/A

NZD

Friday, 15 June 2018
Commonwealth Bank of Australia ACN
123 123 124
The Bank Of New York Mellon, Sydney
Branch

Unknown
Borrow Decrease,
Goldman Sachs
International

Ordinary shares

88,093

N/A

NZD

Friday, 15 June 2018
Realindex Investments Pty Limited ACN
133 312 017

Unknown

Citibank N A Hong Kong

Purchase

Ordinary shares

66,476

165,664.84

NZD

Friday, 15 June 2018
Realindex Investments Pty Limited ACN
133 312 017

Unknown
Citicorp Nominees Pty Limited (New
Zealand)

Purchase

Ordinary shares

5,054

12,595.07

NZD

Monday, 18 June 2018
Commonwealth Bank of Australia ACN
123 123 124
The Bank Of New York Mellon, Sydney
Branch

Unknown
Borrow Decrease,
Goldman Sachs

Ordinary shares

89,801

N/A

NZD

Monday, 18 June 2018
Commonwealth Bank of Australia ACN
123 123 124

Unknown
The Bank Of New York Mellon,
Sydney Branch
Borrow Increase, Goldman
Sachs International

Ordinary shares

120,842

N/A

NZD

Tuesday, 19 June 2018
Commonwealth Bank of Australia ACN
123 123 124
The Bank Of New York Mellon, Sydney
Branch

Unknown
Borrow Decrease,
Goldman Sachs
International

Ordinary shares

120,842

N/A

NZD

Tuesday, 19 June 2018
Commonwealth Bank of Australia ACN
123 123 124

Unknown
The Bank Of New York Mellon,
Sydney Branch
Borrow Increase, Goldman
Sachs International

Ordinary shares

121,095

N/A

NZD

W ednesday, 20 June 2018
Commonwealth Bank of Australia ACN
123 123 124
The Bank Of New York Mellon, Sydney
Branch

Unknown
Borrow Decrease,
Goldman Sachs
International

Ordinary shares

121,095

N/A

NZD

W ednesday, 20 June 2018
Commonwealth Bank of Australia ACN
123 123 124

Unknown
The Bank Of New York Mellon,
Sydney Branch
Borrow Increase, Goldman
Sachs International

Ordinary shares

90,934

N/A

NZD

Thursday, 21 June 2018
Commonwealth Bank of Australia ACN
123 123 124
The Bank Of New York Mellon, Sydney
Branch

Unknown
Borrow Decrease,
Goldman Sachs
International

Ordinary shares

90,934

N/A

NZD

Thursday, 21 June 2018
Commonwealth Bank of Australia ACN
123 123 124

Unknown
The Bank Of New York Mellon,
Sydney Branch
Borrow Increase, Goldman
Sachs International

Ordinary shares

90,974

N/A

NZD

Friday, 22 June 2018
Commonwealth Bank of Australia ACN
123 123 124
The Bank Of New York Mellon, Sydney
Branch

Unknown
Borrow Decrease,
Goldman Sachs
International

Ordinary shares

90,974

N/A

NZD


Monday, 25 June 2018

Colonial First State Asset Management
(Australia) Limited ACN 114 194 311


Citibank N A Hong Kong


Unknown
Borrow Decrease, Citigroup
Global Markets Limited
(Agreement 12)


Ordinary shares


537,812


N/A


AUD


Monday, 25 June 2018

Colonial First State Asset Management
(Australia) Limited ACN 114 194 311

Citicorp Nominees Pty Limited
(Australia)


Unknown
Borrow Decrease, Citigroup
Global Markets Limited
(Agreement 5)


Ordinary shares


287,210


N/A


AUD

Tuesday, 26 June 2018
Realindex Investments Pty Limited ACN
133 312 017

National Custodian Services

Unknown

Sale

Ordinary shares

37,636

98,700.41

AUD

Tuesday, 26 June 2018
Realindex Investments Pty Limited ACN
133 312 017

JPMorgan (UK)

Unknown

Sale

Ordinary shares

27,766

72,816.34

AUD

W ednesday, 27 June 2018
Realindex Investments Pty Limited ACN
133 312 017

Citibank N A Hong Kong

Unknown

Sale

Ordinary shares

112,782

305,424.93

AUD

W ednesday, 27 June 2018
Realindex Investments Pty Limited ACN
133 312 017
Citicorp Nominees Pty Limited (New
Zealand)

Unknown

Sale

Ordinary shares

13,296

38,300.46

NZD

Friday, 29 June 2018
ASB Group Investments Limited ACN
533945

Citibank N A Hong Kong

Unknown

Sale

Ordinary shares

15,908

47,157.68

NZD

Friday, 29 June 2018
ASB Group Investments Limited ACN
533945

Citibank N A Hong Kong

Unknown

Sale

Ordinary shares

46,086

136,617.34

NZD

Friday, 29 June 2018
Realindex Investments Pty Limited ACN
133 312 017

Citibank N A Hong Kong

Unknown

Sale

Ordinary shares

64,158

187,726.31

NZD

W ednesday, 4 July 2018
Commonwealth Bank of Australia ACN
123 123 124

Unknown
The Bank Of New York Mellon,
Sydney Branch
Borrow Increase, Barclays
Capital Securities Ltd

Ordinary shares

620

N/A

NZD

Thursday, 5 July 2018
ASB Group Investments Limited ACN
533945

Unknown

Citibank N A Hong Kong

Purchase

Ordinary shares

190,000

562,400.00

NZD

Thursday, 5 July 2018
Colonial First State Investments Limited
(Note 1) ACN 002 348 352

Unknown
Citicorp Nominees Pty Limited
(Australia)

Purchase

Ordinary shares

9,040

24,421.56

AUD

Thursday, 5 July 2018
Commonwealth Bank of Australia ACN
123 123 124
The Bank Of New York Mellon, Sydney
Branch

Unknown
Borrow Decrease, Barclays
Capital Securities Ltd

Ordinary shares

620

N/A

NZD

Tuesday, 10 July 2018
ASB Group Investments Limited ACN
533945

Citibank N A Hong Kong

Unknown

Sale

Ordinary shares

47,274

137,581.52

NZD

Tuesday, 10 July 2018
Commonwealth Bank of Australia ACN
123 123 124

Unknown
The Bank Of New York Mellon,
Sydney Branch
Borrow Increase, Barclays
Capital Securities Ltd

Ordinary shares

3

N/A

NZD

Tuesday, 10 July 2018
Commonwealth Bank of Australia ACN
123 123 124

Unknown
The Bank Of New York Mellon,
Sydney Branch
Borrow Increase, Barclays
Capital Securities Ltd

Ordinary shares

7

N/A

NZD

Tuesday, 10 July 2018
Commonwealth Bank of Australia ACN
123 123 124

Unknown
The Bank Of New York Mellon,
Sydney Branch
Borrow Increase, Goldman
Sachs International

Ordinary shares

100,394

N/A

NZD

W ednesday, 11 July 2018
ASB Group Investments Limited ACN
533945

Citibank N A Hong Kong

Unknown

Sale

Ordinary shares

192,147

561,069.24

NZD

W ednesday, 11 July 2018
ASB Group Investments Limited ACN
533945

Unknown

Citibank N A Hong Kong

Purchase

Ordinary shares

9,500

27,626.00

NZD

W ednesday, 11 July 2018
Commonwealth Bank of Australia ACN
123 123 124
The Bank Of New York Mellon, Sydney
Branch

Unknown
Borrow Decrease,
Goldman Sachs
International

Ordinary shares

100,394

N/A

NZD

W ednesday, 11 July 2018
Commonwealth Bank of Australia ACN
123 123 124

Unknown
The Bank Of New York Mellon,
Sydney Branch
Borrow Increase, Barclays
Capital Securities Ltd

Ordinary shares

5

N/A

NZD

W ednesday, 11 July 2018
Commonwealth Bank of Australia ACN
123 123 124

Unknown
The Bank Of New York Mellon,
Sydney Branch
Borrow Increase, Barclays
Capital Securities Ltd

Ordinary shares

1

N/A

NZD

W ednesday, 11 July 2018
Commonwealth Bank of Australia ACN
123 123 124
The Bank Of New York Mellon, Sydney
Branch

Unknown
Borrow Decrease, Barclays
Capital Securities Ltd

Ordinary shares

7

N/A

NZD

W ednesday, 11 July 2018
Commonwealth Bank of Australia ACN
123 123 124
The Bank Of New York Mellon, Sydney
Branch

Unknown
Borrow Decrease, Barclays
Capital Securities Ltd

Ordinary shares

3

N/A

NZD

100080615/3821107.1 4

Appendix B





Type of agreement: Global Master Securities Lending Agreement

Parties to agreement:
(1) Commonwealth Bank of Australia and (2)
Barclays Capital Securities Ltd
Can the parties exercise voting rights attaching to the securities? No
If yes, in what circumstances? N/A
Date on which the securities were (or are) expected to be delivered to the
borrower or its nominee (ie borrow date):
The dates indicated in Annexure B on which
securities were borrowed.
Scheduled date (if any) when the securities are expected to be returned to the
borrower or its nominee (ie return date):

Any particular day.
Does the borrower have the right to return the securities early? [Yes/No] Yes
If yes, in which circumstances? At any time subject to giving notice.
Does the lender have the right to recall the securities early (ie before the
scheduled return date)? [Yes/No]

Yes
If yes, in which circumstances? At any time subject to giving notice.
Are there circumstances in which the borrower will not be required to return the
securities on settlement? [Yes/No]

No
If yes, in which circumstances? N/A




Type of agreement: Australian Master Securities Lending Agreement

Parties to agreement:
(1) Citigroup Global Markets Limited; and (2)
Colonial First State Investments Limited
Can the parties exercise voting rights attaching to the securities? No
If yes, in what circumstances? N/A
Date on which the securities were (or are) expected to be delivered to the
borrower or its nominee (ie borrow date):
The dates indicated in Annexure B on which
securities were borrowed.
Scheduled date (if any) when the securities are expected to be returned to the
borrower or its nominee (ie return date):

Any particular day.
Does the borrower have the right to return the securities early? [Yes/No] Yes
If yes, in which circumstances? At any time subject to giving notice.
Does the lender have the right to recall the securities early (ie before the
scheduled return date)? [Yes/No]

Yes
If yes, in which circumstances? At any time subject to giving notice.
Are there circumstances in which the borrower will not be required to return the
securities on settlement? [Yes/No]

No
If yes, in which circumstances? N/A




Type of agreement: Australian Master Securities Lending Agreement

Parties to agreement:
(1) Citigroup Global Markets Limited; and (2)
Colonial First State Investments Limited
Can the parties exercise voting rights attaching to the securities? No
If yes, in what circumstances? N/A
Date on which the securities were (or are) expected to be delivered to the
borrower or its nominee (ie borrow date):
The dates indicated in Annexure B on which
securities were borrowed.
Scheduled date (if any) when the securities are expected to be returned to the
borrower or its nominee (ie return date):

Any particular day.
Does the borrower have the right to return the securities early? [Yes/No] Yes
If yes, in which circumstances? At any time subject to giving notice.
Does the lender have the right to recall the securities early (ie before the
scheduled return date)? [Yes/No]

Yes
If yes, in which circumstances? At any time subject to giving notice.
Are there circumstances in which the borrower will not be required to return the
securities on settlement? [Yes/No]

No
If yes, in which circumstances? N/A







Citigroup Global Markets Limited (Agreement 5)
Citigroup Global Markets Limited (Agreement 12)
Barclays Capital Securities Ltd

100080615/3821107.1 5



Type of agreement: Global Master Securities Lending Agreement

Parties to agreement:
(1) Commonwealth Bank of Australia and (2)
Goldman Sachs International
Can the parties exercise voting rights attaching to the securities? No
If yes, in what circumstances? N/A
Date on which the securities were (or are) expected to be delivered to the
borrower or its nominee (ie borrow date):
The dates indicated in Annexure B on which
securities were borrowed.
Scheduled date (if any) when the securities are expected to be returned to the
borrower or its nominee (ie return date):

Any particular day.
Does the borrower have the right to return the securities early? [Yes/No] Yes
If yes, in which circumstances? At any time subject to giving notice.
Does the lender have the right to recall the securities early (ie before the
scheduled return date)? [Yes/No]

Yes
If yes, in which circumstances? At any time subject to giving notice.
Are there circumstances in which the borrower will not be required to return the
securities on settlement? [Yes/No]

No
If yes, in which circumstances? N/A





Goldman Sachs International