SPH Notice – Milford Asset Management 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 The New Zealand Stock Exchange
and
To Turners Automotive Group Ltd
Relevant event being disclosed: Change in nature of relevant interest
Date of relevant event: 11/02/2019
Date this disclosure made: 13/02/2019
Date last disclosure made: 12/03/2018
Substantial product holder(s) giving disclosure
Full name(s): Milford Asset Management Limited
Summary of substantial holding
Class of quoted voting products: Ordinary Shares
Summary for Milford Asset Management Limited
For this disclosure,—
(a) total number held in class: 6,020,821
(b) total in class: 87,900,000
(c) total percentage held in class: 6.850%
Milford Active Growth Wholesale Fund (3.153%), (Custodian - NNL Custodians),
Milford NZ Equities Wholesale Fund (1.397%), (Custodian - NNL Custodians), Milford
Income Wholesale Fund (1.800%), (Custodian – NNL Custodians), Milford Australian
Absolute Growth Wholesale Fund (0.320%), (Custodian – NNL Custodians), Milford
Australian Absolute Growth Fund (0.179%), (Custodian – NNL Custodians).
For last disclosure,—
(a) total number held in class: 6,777,719
(b) total in class: 84,771,698
(c) total percentage held in class: 7.995%
100080615/3821103.1
Milford Active Growth Wholesale Fund (3.606%), (Custodian - NNL Custodians),
Milford NZ Equities Wholesale Fund (2.520%), (Custodian - NNL Custodians), Milford
Income Wholesale Fund (1.339%), (Custodian – NNL Custodians), Milford Australian
Absolute Growth Wholesale Fund (0.194%), (Custodian – NNL Custodians), Milford
Australian Absolute Growth Fund (0.336%), (Custodian – NNL Custodians).
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure:
Purchases of 831,331 ordinary shares, for total consideration of $2,375,732.23 and sales
of 1,588,229 ordinary shares for consideration of $3,819,793.23 were made during the
period 9
th
March 2018 – 11
th
February 2019.
Details after relevant event
Details for Milford Asset Management Ltd
Nature of relevant interest(s): N/A
Additional information
Address(es) of substantial product holder(s): Milford Asset Management Limited, Level 28,
48 Shortland Street, Auckland 1140, New Zealand.
Contact details: Stuart Bradley, Products and Operations, contact: (09) 921 4763
Email Trades@milfordasset.com
Certification
I, Stuart Bradley, 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.
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