SPH Notice – Bartel Holding Limited

100338161/6632358.1
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
To NZX Limited and
To Turners Automotive Group Limited
Relevant event being disclosed: Movement of 1% or more in substantial holding
Date of relevant event: 1 October 2018
Date this disclosure made: 5 October 2018
Date last disclosure made: 12 October 2016
Substantial product holder(s) giving disclosure
Full name(s): Bartel Holdings Limited
Summary of substantial holding
Class of quoted voting products: Ordinary shares (NZX: TRA)
Summary for Bartel Holdings Limited
For this disclosure,—
(a) total number held in class: 9,552,642
(b) total in class: 89,480,315
(c) total percentage held in class: 10.675%
For last disclosure, —
(a) total number held in class: 6,745,624
(b) total in class: 69,970,050
(c) total percentage held in class: 9.641%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure:
Allotment of 2,807,018 ordinary shares issued at $2.85 per share on 1 October 2018 on
conversion of interest bearing convertible bonds (NZX: TRAHB)
Details after relevant event
Details for Bartel Holdings Limited
Nature of relevant interest(s): Registered holder of ordinary shares

100338161/6632358.1
For that relevant interest,—
(a) number held in class: 9,552,642
(b) percentage held in class: 10.675% (c) current registered holder(s): Bartel Holdings
Limited
(d) registered holder(s) once transfers are registered: no change
For a derivative relevant interest, also—
(a) type of derivative: n/a
(b) details of derivative: n/a
(c) parties to the derivative: n/a
(d) if the substantial product holder is not a party to the derivative, the nature of the
relevant interest in the derivative: n/a
Additional information
Address(es) of substantial product holder(s): Unit 402, 52 Sale Street, Auckland Central,
Auckland, 1010
Contact details: Alistair Petrie (021 491 821)
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, Alistair Petrie, 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.