SPH Notice – UBS Group AG and its related bodies corporate

Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013

To: NZX Limited
and
To: The A2 Milk Company Limited
Date this disclosure made: 15 October 2018
Date last disclosure made: 12 October 2018
Date on which substantial holding ceased: 11 October 2018

Substantial product holder(s) giving disclosure
Full name(s): UBS Group AG and its related bodies corporate

Summary of previous substantial holding
Class of quoted voting products: Ordinary shares
Summary for: UBS Group AG and its related bodies corporate
For last disclosure,—
(a) total number held in class: 39,284,625
(b) total in class: 734,797,297
(c) total percentage held in class: 5.35%

For current holding after ceasing to have substantial holding, —
(a) total number held in class: 32,395,083
(b) total in class: 734,797,297
(c) total percentage held in class: 4.41%

Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure: Please see Appendix A.

Additional information
Address(es) of substantial product holder(s): Details of all UBS offices can be found through the
following link: http://apps2.ubs.com/locationfinder/

Contact details: Joanne Chan
Tel: +852 2971 7725
Email: joanne-h.chan@ubs.com

Nature of connection between substantial product holders:
UBS AG Singapore Branch: Related body corporate
UBS Switzerland AG: Related body corporate
UBS AG: Related body corporate
UBS Asset Management (Australia) Ltd: Related body corporate
UBS Asset Management (Deutschland) GmbH: Related body corporate
UBS Asset Management (Hong Kong) Ltd: Related body corporate
UBS Asset Management Life Limited: Related body corporate
UBS Asset Management Trust Company: Related body corporate
UBS Asset Management (UK) Limited: Related body corporate
UBS Fund Management (Luxembourg) S.A.: Related body corporate
UBS Fund Management (Switzerland) AG: Related body corporate
UBS AG Australia Branch: Related body corporate
UBS AG London Branch: Related body corporate
UBS Securities Australia Ltd: Related body corporate
UBS Securities LLC: Related body corporate

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
We, certify that, to the best of our knowledge and belief, the information contained in this disclosure
is correct and that we are duly authorised to make this disclosure by all persons for whom it is made.

SIGNATURE


Print Name:


Joanne Chan

Capacity:

Authorised signatory

Sign Here:


Date:

15 October 2018


Print Name:


Philip Alexander

Capacity:

Authorised signatory

Sign Here:


Date:

15 October 2018

ATM - Appendix A
Date of
change
Person whose relevant interest
changed
Nature of Change
Consideration given in
relation to change
Number of securities
Class
11-Oct-18
UBS AG London Branch
Sell
221,521
(24,029.00)

Ordinary
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
(400,000.00)

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
(657,707.00)

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
2,678.00

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
(100,000.00)

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
629,760.00

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
45,099.00

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
245,681.00

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
(2,650.00)

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
(73,014.00)

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
37,848.00

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
6,752.00

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
(6,752.00)

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
5,318.00

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
(180,831.00)

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
(17,261.00)

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
(69,565.00)

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
725.00

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
(250,000.00)

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
(660.00)

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
69,930.00

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
197,810.00

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
(452,160.00)

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
187,891.00

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
83,270.00

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
119,776.00

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
(289,754.00)

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
(13,189.00)

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
(900.00)

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
4,859.00

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
27,340.00

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
110,939.00

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
91,132.00

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
632,336.00

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
36,603.00

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
29,669.00

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
30,063.00

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
155,263.00

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
(16,905.00)

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
58,240.00

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
26,827.00

Swap
11-Oct-18
UBS AG London Branch
Enter Into Derivative Contra
c
N/A
24,029.00

Swap
11-Oct-18
UBS Securities Australia Ltd
Sell
154,412
(16,932.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
18
(2.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
27
(3.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
46
(5.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
64
(7.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
64
(7.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
64
(7.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
100
(11.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
173
(19.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
182
(20.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
192
(21.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
684
(75.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
1,076
(118.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
3,219
(353.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
4,560
(500.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
16,087
(1,764.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
22,799
(2,500.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
24,376
(2,673.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
31,326
(3,435.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
32,785
(3,595.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
34,973
(3,835.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
44,576
(4,888.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
45,598
(5,000.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
66,171
(7,256.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
72,765
(7,979.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
77,671
(8,517.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
86,827
(9,521.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
102,357
(11,224.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
158,351
(17,364.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
291,870
(32,005.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
706,270
(77,446.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
105
(11.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
19
(2.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Buy
18
2.00

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Buy
101
11.00

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Buy
28
3.00

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Buy
65
7.00

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Buy
194
21.00

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Buy
18
2.00

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Buy
29,972
3,293.00

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Buy
4,039,540
400,000.00

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Buy
6,087,490
657,707.00

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
24,228
(2,678.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Buy
65,961
7,256.00

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
168,722
(18,560.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Buy
954,295
100,000.00

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
5,837,129
(629,760.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
423,613
(45,099.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
2,343,745
(245,681.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Buy
24,965
2,650.00

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Buy
669,431
73,014.00

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
344,102
(37,848.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
68,357
(6,752.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Buy
68,357
6,752.00

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
48,384
(5,318.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Buy
1,669,289
180,831.00

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Buy
157,182
17,261.00

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Buy
640,046
69,565.00

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
6,846
(725.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Buy
2,374,947
250,000.00

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Buy
6,000
660.00

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
640,881
(69,930.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
1,825,853
(197,810.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Buy
4,225,881
452,160.00

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
1,772,411
(187,891.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
783,496
(83,270.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
1,101,095
(119,776.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Buy
2,693,698
289,754.00

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Buy
120,861
13,189.00

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Buy
8,173
900.00

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
45,676
(4,859.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
249,595
(27,340.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
1,022,565
(110,939.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
849,404
(91,132.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
5,814,206
(632,336.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
340,471
(36,603.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
274,929
(29,669.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
279,471
(30,063.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
1,431,827
(155,263.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Buy
153,723
16,905.00

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
543,802
(58,240.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Sell
244,090
(26,827.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(65,994.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(78,482.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(10,000.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(65,000.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(121,000.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(325,000.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(230,000.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(414,000.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(152,388.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(66,612.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(200,000.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(2,921.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(97,079.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(41,640.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(55,938.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(202,422.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(94,352.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(100,648.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(5,000.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(917.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(62,613.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(100,705.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(31,765.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(208,000.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(75,869.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(74,000.00)

Ordinary

11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(127,890.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(63,110.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(20,000.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(975.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(57,462.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(77,685.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(31,315.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(109,783.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(19,488.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(100,164.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(1,000.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(565.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(165,000.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(77,711.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(54,289.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(245,000.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(110,000.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(77,927.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(48,403.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(58,875.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(66,000.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(50,000.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(100,000.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(181,894.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(951,509.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(150,000.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(108,142.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(22,500.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(9,500.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(13,000.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(21,452.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(51,126.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(104,889.00)

Ordinary
11-Oct-18
UBS Securities Australia Ltd
Stock returned
N/A
(3,942.00)

Ordinary
11-Oct-18
UBS AG London Branch
Stock borrowed
N/A
25,190.00

Ordinary
11-Oct-18
UBS AG London Branch
Stock borrowed
N/A
223,085.00

Ordinary
11-Oct-18
UBS AG London Branch
Stock borrowed
N/A
25,000.00

Ordinary
11-Oct-18
UBS AG London Branch
Stock returned
N/A
(248,275.00)

Ordinary
11-Oct-18
UBS Switzerland AG
Collateral returned
N/A
(27,473.00)

Ordinary
11-Oct-18
UBS Switzerland AG
Collateral returned
N/A
(3,187.00)

Ordinary
11-Oct-18
UBS Switzerland AG
Collateral returned
N/A
(457,081.00)

Ordinary
11-Oct-18
UBS AG Australia Branch
Sell
100,837
(11,857.00)

Ordinary
11-Oct-18
UBS AG Australia Branch
Sell
8,656
(955.00)

Ordinary
11-Oct-18
UBS AG Australia Branch
Sell
879,056
(95,222.00)

Ordinary
11-Oct-18
UBS AG Australia Branch
Buy
883,186
96,177.00

Ordinary
11-Oct-18
UBS AG Australia Branch
Buy
175,470
20,000.00

Ordinary
11-Oct-18
UBS AG Australia Branch
Sell
271,851
(30,000.00)

Ordinary
11-Oct-18
UBS AG Australia Branch
Sell
189,224
(20,000.00)

Ordinary
11-Oct-18
UBS AG Australia Branch
Buy
90,317
10,000.00

Ordinary
11-Oct-18
UBS AG Australia Branch
Sell
89,887
(10,000.00)

Ordinary
11-Oct-18
UBS AG Australia Branch
Buy
269,356
31,820.00

Ordinary
11-Oct-18
UBS AG Australia Branch
Buy
25,915
3,057.00

Ordinary