SPH Notice – UBS Group AG and its related bodies corporate

Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013

To: NZX Limited
and
To: The A2 Milk Company Limited
Date this disclosure made: 4 July 2019
Date last disclosure made: 3 July 2019
Date on which substantial holding ceased: 2 July 2019

Substantial product holder(s) giving disclosure
Full name(s): UBS Group AG and its related bodies corporate

Summary of previous substantial holding
Class of quoted voting products: Ordinary shares
Summary for: UBS Group AG and its related bodies corporate
For last disclosure,—
(a) total number held in class: 39,263,139
(b) total in class: 735,048,405
(c) total percentage held in class: 5.34%

For current holding after ceasing to have substantial holding, —
(a) total number held in class: 36,481,676
(b) total in class: 735,048,405
(c) total percentage held in class: 4.96%

Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure: Please see Appendix A.

Additional information
Address(es) of substantial product holder(s): Details of all UBS offices can be found through the
following link:
https://www.ubs.com/global/en/about_ubs/about_us/locations.html
Contact details: Andrew Costley
Tel: +852 3712 3707
Email: andrew.costley@ubs.com

Nature of connection between substantial product holders:
UBS AG Singapore Branch: Related body corporate
UBS Switzerland AG: Related body corporate
UBS Asset Management (Australia) Ltd: Related body corporate
UBS Asset Management (Deutschland) GmbH: Related body corporate
UBS Asset Management Life Limited: Related body corporate
UBS Asset Management Switzerland AG: Related body corporate
UBS Asset Management Trust Company: Related body corporate
UBS Asset Management (UK) Limited: Related body corporate
UBS Fund Management (Luxembourg) S.A.: Related body corporate
UBS Fund Management (Switzerland) AG: Related body corporate
UBS AG Australia Branch: Related body corporate
UBS AG London Branch: Related body corporate
UBS Securities Australia Ltd: Related body corporate
UBS Securities LLC: Related body 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: Not applicable

Certification
We certify that, to the best of our knowledge and belief, the information contained in this disclosure
is correct and that we are duly authorised to make this disclosure by all persons for whom it is made.
SIGNATURE

Print Name:


Andrew Costley

Capacity:

Authorised signatory

Sign Here:


Date:

4 July 2019

Print Name:


Joanne Chan

Capacity:

Authorised signatory

Sign Here:


Date:

4 July 2019

ATM - Appendix A
Date of
change
Person whose relevant interest
changed
Nature of Change
Consideration given in
relation to change
Number of securities
Class
02-Jul-19
UBS AG London Branch
Buy
60,529
4,111

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(11,085)

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
312

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(11)

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(487,065)

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
230,866

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(256,240)

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
7,460

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(1,210)

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
15

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(3,046)

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(4,178)

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
69,441

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(203,423)

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
170,571

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(15,502)

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
55,380

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(108,891)

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
27,767

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
19,542

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
8,078

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
23,582

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
17,627

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(37,776)

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
5,125

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(13,326)

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(5,495)

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(69,945)

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(38,832)

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(3,774)

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(90,635)

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(718)

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(3,348)

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(6,912)

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
1,930

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(9,680)

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
16,471

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
330

Swap
02-Jul-19
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
1
Swap
02-Jul-19
UBS AG London Branch
Enter Into Derivative Contract
N/A
(4,111)

Swap
02-Jul-19
UBS AG Australia Branch
Buy
515,919
35,000

Ordinary
02-Jul-19
UBS AG Australia Branch
Buy
368,513
25,000

Ordinary
02-Jul-19
UBS AG London Branch
Buy
15
1
Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
15
(1)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
972
(66)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
74
(5)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
29
(2)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
44
(3)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
15
(1)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
15
(1)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
44
(3)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
147
(10)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
15
1
Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
44
3
Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
15
1
Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
148
10

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
44
3
Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
103
7
Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
44
3
Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
383
26

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
811
55

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
900
61

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
15
1
Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
74
5
Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
44
3
Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
29
2
Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
15
1
Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
206
14

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
44
3
Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
103
7
Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
88
6
Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
59
4
Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
147
10

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
442
30

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
1,696
115

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
103
(7)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
902
(61)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
15
(1)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
133
(9)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
133
(9)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
89
(6)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
89
(6)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
650
(44)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
30
(2)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
444
(30)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
133
(9)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
44
(3)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
429
(29)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
30
(2)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
118
(8)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
15
(1)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
59
(4)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
399
(27)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
340
(23)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
30
(2)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
59
(4)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
118
(8)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
15
(1)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
103
(7)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
30
(2)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
843
(57)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
177
(12)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
739
(50)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
1,168
(79)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
15
(1)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
30
(2)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
89
(6)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
89
(6)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
15
(1)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
931
(63)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
103
(7)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
325
(22)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
15
(1)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
192
(13)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
74
(5)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
606
(41)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
384
(26)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
30
(2)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
163
(11)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
89
(6)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
399
(27)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
577
(39)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
1,138
(77)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
30
(2)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
30
(2)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
89
(6)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
44
(3)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
103
(7)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
207
(14)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
89
(6)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
370
(25)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
414
(28)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
59
(4)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
163
(11)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
15
(1)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
44
(3)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
532
(36)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
798
(54)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
44
(3)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
399
(27)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
30
(2)

Ordinary

02-Jul-19
UBS Securities Australia Ltd
Sell
15
(1)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
163
(11)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
2,218
(150)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
133
(9)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
133
(9)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
251
(17)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
325
(22)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
695
(47)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
89
(6)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
133
(9)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
44
(3)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
1,286
(87)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
44
(3)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
148
(10)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
4,107
(282)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
162,418
11,085

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
4,632
(312)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
162
11

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
7,217,032
487,065

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
3,411,572
(230,866)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
3,782,575
256,240

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
110,331
(7,460)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
17,820
1,210

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
222
(15)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
45,180
3,046

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
62,033
4,178

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
1,029,117
(69,441)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
3,006,829
203,423

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
2,515,346
(170,571)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
228,820
15,502

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
817,569
(55,380)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
1,606,483
108,891

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
411,099
(27,767)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
288,601
(19,542)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
119,437
(8,078)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
348,587
(23,582)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
260,516
(17,627)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
557,885
37,776

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
75,524
(5,125)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
196,108
13,326

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
81,233
5,495

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
1,034,493
69,945

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
574,072
38,832

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
55,892
3,774

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
1,329,470
90,635

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
10,605
718

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
49,724
3,348

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
100,889
6,912

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
28,655
(1,930)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Buy
142,605
9,680

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
243,398
(16,471)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
4,883
(330)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Sell
15
(1)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Stock returned
N/A
(96,067)

Ordinary
02-Jul-19
UBS Securities Australia Ltd
Stock returned
N/A
(72,963)

Ordinary
02-Jul-19
UBS AG London Branch
Buy
2,558
174

Ordinary
02-Jul-19
UBS Switzerland AG
Collateral received
N/A
1,228,360

Ordinary
02-Jul-19
UBS Switzerland AG
Collateral returned
N/A
(2,671,128)

Ordinary
02-Jul-19
UBS Switzerland AG
Collateral returned
N/A
(1,228,360)

Ordinary