Amended SPH Notice – First NZ Capital Group Limited
100080615/3821103.1
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
Note: This form must be completed in accordance with the instructions at the end of the
form.
To NZX Limited
and
To Pacific Edge Limited (PEB)
Relevant event being disclosed: Disclosure of movement of 1% or more in substantial
holding
Date of relevant event: 30 November 2018
Date this disclosure made: 4 December 2018
Date last disclosure made: 9 March 2018
Substantial product holder(s) giving disclosure
Full name(s): First NZ Capital Group Limited
Summary of substantial holding
Class of quoted voting products: Ordinary shares
Summary for Harbour Asset Management Limited and First NZ Capital Securities Limited
For this disclosure,—
(a) total number held in class: 83,613,923
(b) total in class: 474,792,378
(c) total percentage held in class: 17.611%
For last disclosure,—
(a) total number held in class: 72,738,109
(b) total in class: 466,321,801
(c) total percentage held in class: 15.598%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure: As noted above, on 9
March 2018, First NZ Capital Group Limited disclosed a relevant interest in 72,738,109
(15.598%) Pacific Edge Limited (PEB) ordinary shares.
In the four months prior to this disclosure, as part of normal on-market trading activity
under discretionary investment mandates, Harbour Asset Management Limited purchased
100080615/3821103.1
7,641,833 PEB shares for a gross consideration of $2,677,943 and sold 566,262 PEB
shares for a gross consideration of $189,121.
Harbour Asset Management Limited has, at the date of this notice, a relevant interest in
83,425,923 (17.571%) PEB ordinary shares.
As part of normal trading, First NZ Capital Securities Limited has a relevant interest in
188,000 borrowed PEB ordinary shares (0.040%).
First NZ Capital Group Limited (which includes the related bodies corporate Harbour Asset
Management Limited and First NZ Capital Securities Limited) has, at the date of this notice,
a relevant interest in 83,613,923 (17.611%) PEB ordinary shares.
Details after relevant event
Details for Harbour Asset Management Limited
Nature of relevant interest(s): As fund manager, the power to exercise a right to vote
attached to, and power to acquire or dispose of, the products, under powers of investment
contained in investment contracts with clients (the beneficial owners of the products).
For that relevant interest,—
(a) number held in class: 83,425,923
(b) percentage held in class: 17.571%
(c) current registered holder(s): Unknown plus various nominee companies on behalf of
clients as beneficial owners.
(d) registered holder(s) once transfers are registered: Various nominee companies on
behalf of clients as beneficial owners.
No relevant agreement needs to be attached under Regulation 139.
Details for First NZ Capital Securities Limited
Nature of relevant interest(s): As borrower of financial products
For that relevant interest,—
(a) number held in class: 188,000
(b) percentage held in class: 0.040%
(c) current registered holder(s): Credit Suisse Group Melbourne
(d) registered holder(s) once transfers are registered: unknown
No relevant agreement needs to be attached under Regulation 139.
Additional information
Address(es) of substantial product holder(s): Level 14, 171 Featherston Street, Wellington
100080615/3821103.1
Contact details: Kate Livingston, + 64 9 307 5747, kate.livingston@fnzc.co.nz
Nature of connection between substantial product holders: First NZ Capital Group Limited,
First NZ Capital Securities Limited and Harbour Asset Management Limited are related
bodies 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: None
Certification
I, Kate Livingston, 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.
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- PCT — Precinct Properties New Zealand Limited: SPH Notice – ANZ2019-01-16
“To and To Full name(s): For this disclosure,— 156,862,989 1,211,121,000 12.952% 169,726,754 1,211,121,000 14.014% 122,819,235 1,211,121,000 10.141% 131,331,049 1,211,121,000 10.844% 33,971,074 1,211,121,000 2.805% 38,323,025…”
- PFI — Property for Industry Limited: SPH Notice – ANZ2018-11-09
“To and To Full name(s): For this disclosure,— 36,194,716 498,723,000 7.257% 30,212,685 498,723,000 6.058% 35,951,391 498,723,000 7.209% 29,724,092 498,723,000 5.960% 243,325 498,723,000 0.049% 488,593…”
- PCT — Precinct Properties New Zealand Limited: SPH Notice – AMP Capital Investors2019-02-26
“Disclosure of movement of 1% or more in substantial holding or change in nature of relevant interest or both Section 277 and 278, Financial Markets Conduct Act 2013 To: NZX And To: Precinct Properties Ne…”