D&O Ongoing Disclosure – David Cushing

NZX
Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant InterestsSections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:Date this disclosure made:Date of last disclosure (in the Substantial Holding notice issued by H&G on 20 August 2019)
PGGWrightson Limited
3 October 2019
20 August 2019
Director or senior manager giving disclosureFull name(s):Name of listed issuer:Name of related body corporate (if applicable);Position held in listed issuer:
David Gushing
PGG Wrightson Limited
Not applicable
Director
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)Class of affected quoted financial products;Nature of the affected relevant interest(s):For that relevant interest-Number held in class before acquisition or disposal:Number held in class after acquisition or disposal:Current registered holder(s):
Registered holder(s) once transfers are registered:
Ordinary shares (PGW)
Refer attached schedule - ®
4,849,468
5,165,045
Refer attached schedule - ®Refer attached schedule - (D
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
Class of underlying financial products;
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying financialproducts (if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):Expiry date of the derivative^ any):
The price specified in the terms of the derivative (if any):
Any other details needed to understand how the amount of the consideration payable under
the derivative or the value of the derivative is affected by the value of the underlying financial
products:For that derivative,-Parties to the derivative:If the director or senior manager is not a party to the derivative, the nature of the relevantinterest in the derivative:
Not applicableNot applicableNot applicableNot applicable
Not applicableNot applicableNot applicableNot applicableNot applicableNot applicable
I Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
Details of transactions requiring disclosure-Date of transaction:Nature of transaction:Name of any other party or parties to the transaction (if known):
The consideration, expressed in New Zealand dollars, paid or received for the acquisition ordisposal. If the consideration was not in cash and cannot be readily by converted into a cashvalue, describe the consideration:
Four
Between 26 September
2019 to 2 October 2019
On market trades
Not known
$729,799

Number of financial products to which the transaction related:
315,577
: If the issuer has a financial products trading policy that prohibits directors or senior: managers from trading during any period without written clearance (a closed period) include
:the following details —
Whether relevant interests were acquired or disposed of during a closed period:Whether prior written dearance was provided to allow the acquisition or disposal to proceedduring the closed period:
Date of the prior written dearance (if any):
No
Not applicable
Not applicable
Summary of other relevant interests after acquisition or disposal:Class of quoted financial products:
Nature of relevant interest:
Ordinary shares (PGW)
Refer attached schedule - ®
For that relevant interest,-Number held in dass:
Current registered hoider(s):
Refer attached schedule - ®Refer attached schedule - ®
For a derivative relevant inferest,-
Type of derivative:
Details of cferivative,-
The notional value of the derivative (if any) or the notional amount of underlying financial
products (if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):Expiry date of the derivative (if any):
The price's specified terms (if any):
Any other details needed to understand how the amount of the consideration payable underthe derivative or the value of the derivative is affected by the vaiue of the underlying financial
products:For that derivative relevant inferest,-Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of Ihe relevant
interest in the derivative:
Not applicable
Not appiicabieNot applicableNot applicableNot applicableNot applicableNot applicable
Not applicableNot applicable
Certification
I certify that, to the best of my knowledge and beSief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all persons forwhom it is made.
Signature of director or officer:Date of signature:Signature of person authorised to sign on behalf of director or officer:
Date of signature:Name and title of authorised person;
(yvv^^
3 October 2019
James RWright

SCHEDULE-®
Current registered
holder.
H&G Limited
Rural Equities Limited
Total
Registered holder
once transfer is
registered.
H&G Limited
Rural Equities Limited
Nature of relevant interest
David Gushing is deemed to have a relevant
interest in the PGW shares held by H&G
Limited by virtue of hoiding more than 20%
of the shares En H&G Limited.
David Gushing is deemed to have a relevant
interest in the PGW shares held by Rurai
Equities Limited by virtue of H&G Limited
holding more than 20% of the shares in
Rural Equities Limited.
Number of shares held before
the acquisition.
2/006,732
2,842/736
4,849/468
Number of shares
held after the
acquisition.
2/006/732
3,158/313
5,165,045