SPH Notice – The a2 Milk Company (New Zealand) Limited

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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
To NZX Limited
and
To Synlait Milk Limited (NZX: SML) (“SML”)
Relevant event being disclosed: Change in the nature of relevant interest
Date of relevant event: 10 August 2018
Date this disclosure made: 10 August 2018
Date last disclosure made: 3 August 2018
Substantial product holder(s) giving disclosure
Full name(s): The a2 Milk Company (New Zealand) Limited (“a2MC NZ”)
1

Summary of substantial holding
Class of quoted voting products: Ordinary shares in SML
Summary for a2MC NZ
For this disclosure,—
(a) total number held in class: 31,174,646
(b) total in class: 179,223,028
(c) total percentage held in class: 17.394%
For last disclosure,—
(a) total number held in class: 31,174,646
(b) total in class: 179,223,028
(c) total percentage held in class: 17.394%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure: On 3 August 2018, The a2
Milk Company Limited entered into an agreement with Mitsui & Co., Ltd (“Mitsui”) and
Mitsui & Co. (Australia) Limited (“Mitsui Australia”) to acquire, through its wholly-owned
subsidiary, a2MC NZ, 14,840,527 fully paid ordinary shares in SML for $10.90 per share
(“Agreement”). Settlement has now occurred in respect of all of the ordinary shares in
SML held by Mitsui and Mitsui Australia.

1
Pursuant to section 284 of the Financial Markets Conduct Act 2013, a separate disclosure is not required
for a2MC NZ’s parent, The a2 Milk Company Limited.

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Pg. 2
A copy the Agreement was attached to a previous disclosure made on 3 August 2018.
Details after relevant event
Details for a2MC NZ
Nature of relevant interest(s): Beneficial owner of ordinary shares in SML.
For that relevant interest,—
(a) number held in class: 31,174,646
(b) percentage held in class: 17.394%
(c) current registered holder(s): JBWere (NZ) Nominees Limited
(d) registered holder(s) once transfers are registered: Not applicable
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): Level 4, 182 Blues Point Road, McMahons
Point, NSW 2060
Contact details: Jaron McVicar, jaron.mcvicar@a2milk.com, + 61 2 9697 7000
Nature of connection between substantial product holders: Not applicable
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: Mitsui & Co., Limited and Mitsui & Co. (Australia)
Limited.
Certification
I, Jaron McVicar, 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.