SPH Notice – Fisher Funds Management Limited

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 Freightways Limited

And

To NZX Ltd
Relevant event being disclosed: Movement of 1% or more in the substantial holding
Date of relevant event: 15 November 2018
Date this disclosure made: 16 November 2018
Date last disclosure made: 08 December 2017
Substantial product holder(s) giving disclosure
Full name(s): Fisher Funds Management Limited
Summary of substantial holding
Class of quoted voting products: Ordinary Shares
Summary for Fisher Funds Management Limited
For this disclosure,—
(a) total number held in class: 14,087,598
(b) total in class: 155,378,437
(c) total percentage held in class: 9.067%
For last disclosure,—
(a) total number held in class: 12,501,836
(b) total in class: 155,115,946
(c) total percentage held in class: 8.060%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure:

Details after relevant event
Details for Fisher Funds Management Limited
Date of change
Nature of
change
Consideration given in
relation to change
Class and number of
securities affected
Other party,
if known
8/12/2017
On Market
Purchases
($1,068,059.22) 140,000 Ordinary Shares N/A
23/02/2018
On Market
Sales
$396,075.74 - 53,815 Ordinary Shares N/A
07/03/2018 to
23/03/2018
On Market
Purchases
($4,953,967.29) 656,216 Ordinary Shares N/A
17/04/2018 to
19/04/2018
On Market
Sales
$124,262.14 -16,323 Ordinary Shares N/A
17/07/2018 to
15/11/2018
On Market
Purchases
($6,428,147.61) 859,684 Ordinary Shares N/A

Nature of relevant interest(s): Fisher Funds Management Limited is the registered holder
and non-beneficial owner of these securities. No relevant agreement documentation is
required to be attached as the investment management contract exemption under
regulation 14 applies.
For that relevant interest,—
(a) number held in class: See below.
(b) percentage held in class: See below.
(c) current registered holder(s): See below.
(d) registered holder(s) once transfers are registered: Unknown
No. held
in class
Percentage held
in class Current registered holders
14,087,598 9.067%
TEA Custodians on behalf of the Fisher Funds New Zealand Growth
Fund, Fisher Funds New Zealand Premium Fund, Kingfish Limited
and Trans Tasman Equity Fund

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): Fisher Funds Management Limited, Level 1,
67-73 Hurstmere Road, Takapuna, Auckland
Contact details: Angela Quirk, Angela@fisherfunds.co.nz, +64 9 487 2627
Nature of connection between substantial product holders: Fisher Funds Management
Limited is the registered holder and non-beneficial owner of these securities
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, Angela Quirk, 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.