SPH Notice – Milford Asset Management Limited

100080615/3821107.1 1
Disclosure of ceasing to have substantial holding
Section 279, 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 AWF Madison Group Ltd
Date this disclosure made: 11/07/2019
Date last disclosure made: 23/01/2014
Date on which substantial holding ceased: 10/07/19
Substantial product holder(s) giving disclosure
Full name(s): Milford Asset Management Limited
Summary of previous substantial holding
Class of quoted voting products: Ordinary shares
Summary for Milford Asset Management Limited
For last disclosure,—
(a) total number held in class: 1,341,047
(b) total in class: 25,804,503
(c) total percentage held in class: 5.20%
Milford Active Growth Wholesale Fund (5.20%), (Custodian – NNL Custodians),
For current holding after ceasing to have substantial holding,—
(a) total number held in class: 1,676,308
(b) total in class: 33,888,764
(c) total percentage held in class: 4.9465%
Milford Active Growth Wholesale Fund (4.9465%), (Custodian - NNL Custodians)

Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure:
Capital Change- total number of shares in class increased by 465,365 to 33,888,764

100080615/3821107.1 2

Additional information
Address(es) of substantial product holder(s): Milford Asset Management Limited, Level 28,
48 Shortland Street, Auckland 1140, New Zealand
Contact details: Milford Asset Management Limited, Level 28, 48 Shortland Street,
Auckland 1140, New Zealand
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.