SPH Notice – Salt Funds Management Limited
100080615/3821107.1 1
Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To NZX Ltd
and
To Scales Corporation Limited
Date this disclosure made: 14 March 2019
Date last disclosure made: 11 June 2018
Date on which substantial holding ceased: 12 March 2019
Substantial product holder(s) giving disclosure
Full name(s): Salt Funds Management Limited
Summary of previous substantial holding
Class of quoted voting products: Scales Corporation Limited Ordinary Shares (SCL)
Summary for Salt Funds Management Limited
For last disclosure,—
(a) total number held in class: 7,049,397
(b) total in class: 140,896,574
(c) total percentage held in class: 5.003%
For current holding after ceasing to have substantial holding,—
(a) total number held in class: 7,013,447
(b) total in class: 141,103,597
(c) total percentage held in class: 4.970%
Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure:
On market purchases of 991,742 shares for a consideration of $4,524,318.94 over the
period 11
th
June 2018 to 4
th
February 2019.
On market sales of 918,254 shares for a consideration of $4,332,282.93 over the period
22
nd
August 2018 to 13
th
March 2019.
Transfer out of 109,438 shares due to change in IMA mandate (nil consideration) on 30
November 2018.
100080615/3821107.1 2
Additional information
Address(es) of substantial product holder(s):
Level 3, The Imperial Buildings
44 Queen Street
Auckland 1050
Contact details:
Randall Clement
+64 9 869 7278
randall.clement@saltfunds.co.nz
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: N/A
Certification
I, Randall Clement, 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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