SPH Notice – FIL Limited

100080615/3821107.1 1
Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To New Zealand Stock Exchange
and
To Restaurant Brands New Zealand Limited
Date this disclosure made: 11 April 2019
Date last disclosure made: 11 April 2019
Date on which substantial holding ceased: 03 April 2019
Substantial product holder(s) giving disclosure
Full name(s): FIL Limited and the entities listed in Annexure A (“FIL”)
Summary of previous substantial holding
Class of quoted voting products: Ordinary Shares
Summary for FIL Limited
For last disclosure,—
(a) total number held in class: 6,265,088
(b) total in class: 124,758,523
(c) total percentage held in class: 5.022%
For current holding after ceasing to have substantial holding,—
(a) total number held in class: 3,694,585
(b) total in class: 124,758,523
(c) total percentage held in class: 2.961%
Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure:
Date of
Change
Person
whose
relevant
interest
changed
Nature of
change
Consideration given
in relation to
change
Class and
number of
securities
affected
Person’s
votes
affected
NZD
Common
Stock
Common
Stock
25-Feb-19 FIL BUY 8.5728 24,608 24,608
27-Feb-19 FIL BUY 8.6000 6,462 6,462

100080615/3821107.1 2
27-Feb-19 FIL BUY 8.6000 12,310 12,310
28-Feb-19 FIL BUY 8.6044 12,058 12,058
28-Feb-19 FIL BUY 8.6044 24,607 24,607
28-Feb-19 FIL BUY 8.6044 8,689 8,689
1-Mar-19 FIL BUY 8.6500 1,340 1,340
1-Mar-19 FIL BUY 8.6500 2,734 2,734
1-Mar-19 FIL BUY 8.6500 965 965
7-Mar-19 FIL BUY 8.6500 1,517 1,517
7-Mar-19 FIL BUY 8.6500 3,098 3,098
7-Mar-19 FIL BUY 8.6500 1,094 1,094
8-Mar-19 FIL BUY 8.7200 3,336 3,336
11-Mar-19 FIL BUY 8.7500 33,274 33,274
25-Mar-19 FIL BUY 9.1653 1,200 1,200
25-Mar-19 FIL BUY 9.1653 2,228 2,228
25-Mar-19 FIL BUY 9.1653 8,624 8,624
25-Mar-19 FIL BUY 9.1653 4,981 4,981
26-Mar-19 FIL BUY 8.9523 38,737 38,737
26-Mar-19 FIL BUY 8.9523 71,943 71,943
26-Mar-19 FIL BUY 8.9523 278,454 278,454
26-Mar-19 FIL BUY 8.9523 160,841 160,841
28-Mar-19 FIL BUY 8.7490 68,781 68,781
28-Mar-19 FIL BUY 8.7490 58,855 58,855
29-Mar-19 FIL BUY 8.7500 694 694
29-Mar-19 FIL BUY 8.7500 22,343 22,343
29-Mar-19 FIL BUY 8.7500 27,441 27,441
29-Mar-19 FIL BUY 8.7500 7,262 7,262
29-Mar-19 FIL BUY 8.7500 2,260 2,260
1-Apr-19 FIL BUY 8.2855 1,212 1,212
1-Apr-19 FIL BUY 8.2855 95,641 95,641
1-Apr-19 FIL BUY 8.2855 54,639 54,639
1-Apr-19 FIL BUY 8.2855 12,679 12,679
1-Apr-19 FIL BUY 8.2855 3,947 3,947
2-Apr-19 FIL BUY 8.2800 887 887
2-Apr-19 FIL BUY 8.2800 55,648 55,648
2-Apr-19 FIL BUY 8.2800 31,791 31,791
2-Apr-19 FIL BUY 8.2800 7,377 7,377
2-Apr-19 FIL BUY 8.2800 2,297 2,297
3-Apr-19 FIL BUY 8.1400 1,866 1,866
3-Apr-19 FIL BUY 8.1400 159,462 159,462
3-Apr-19 FIL BUY 8.1400 91,099 91,099
3-Apr-19 FIL BUY 8.1400 21,141 21,141
3-Apr-19 FIL BUY 8.1400 6,580 6,580
3-Apr-19 FIL
Partial takeover
offer
9.4500 (1,144,203) (1,144,203)

100080615/3821107.1 3
3-Apr-19 FIL
Partial takeover
offer
9.4500 (949,033) (949,033)
3-Apr-19 FIL
Partial takeover
offer
9.4500 (1,914,269) (1,914,269)
Total Buys 1,437,002 1,437,002
Partial takeover (4,007,505) (4,007,505)
Total movement (2,570,503) (2,570,503)

Additional information
Address(es) of substantial product holder(s): Refer to annexure A
Contact details: Jen Li, Head of Regulatory Reporting, FIL Asia Holdings Pte Limited, +852
2629 2657
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, Jen Li, 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.


Sign Here ____________________________________

Dated: 11 April 2019
Jen Li
Head of Regulatory Reporting, Asia Pacific
Duly authorized under Powers of Attorney by and on behalf of FIL Limited

Annexure A


Investment
Manager
Address Custodian Nature of Relevant
Interest
Sum of Numerator
Shares

FIL INVESTMENT
MANAGEMENT
(SINGAPORE)
LIMITED
8 Marina View,
#35-06, Asia
Square Tower 1,
018960,
Singapore
BNP PARIBAS
FRANKFURT (C)
Investment Discretion
/ Voting Power
532,459
BROWN BROS
HARRIMN LTD LUX
(C)
767,147
CITIBANK LONDON 275,785
HSBC INVST BANK
LTD SEOUL (S)
650,465
JP MORGAN,
BOURNEMOUTH (C)
1,468,729

Grand Total

3,694,585