SPH Notice – Douglas Trusts

Default form 2 Disclosure of movement of 1% or more in substantial
holding or change in nature of relevant interest, or both
Sections 277 and 278, Financial Markets Conduct Act 2013
To NZX and
To ikeGPS Group Limited
Relevant event being disclosed: Movement of 1% or more.
Date of relevant event: 14 October 2019
Date this disclosure made: 17 October 2019
Date last disclosure made: 31 August 2018
Full name(s): Douglas Irrevocable Descendants Trust; Douglas Family Trust; K&M Douglas Trust
Class of quoted voting products: Ordinary Shares
Summary for Douglas Irrevocable Descendants Trust; Douglas Family Trust; K&M Douglas Trust
For this disclosure,—
• (a) total number held in class: 8,032,765
• (b) total in class: 98,814,638
• (c) total percentage held in class: 8.1%
For last disclosure,—
• (a) total number held in class: 5,291,864
• (b) total in class: 88,065,639
• (c) total percentage held in class: 6.0%
Details of transactions and events giving rise to relevant event
From 29 August 2018 and 14 October 2019 Douglas Irrevocable Descendants Trust; Douglas
Family Trust; K&M Douglas Trust purchased on-market 2,740,901 shares of ikeGPS Group
limited.
Details of the transactions or other events requiring disclosure: None
Details after relevant event
Details for Douglas Irrevocable Descendants Trust; Douglas Family Trust; K&M Douglas Trust

Nature of relevant interest(s): registered holder and beneficial owner of financial
products. No relevant agreement document need be attached under regulation
139.
For that relevant interest,
• (a) number held in class: 8,032,765
• (b) percentage held in class: 8.1%
• (c) current registered holder(s): Douglas Irrevocable Descendants Trust; Douglas
Family Trust; K&M Douglas Trust
• (d) registered holder(s) Douglas Irrevocable Descendants Trust; Douglas Family Trust;
K&M Douglas Trust
For a derivative relevant interest, also—
• (a) type of derivative: n/a
• (b) details of derivative: n/a
• (c) parties to the derivative: n/a
• (d) if the substantial product holder is not a party to the derivative, the
nature of the relevant interest in the derivative: n/a
Additional information
Address of substantial product holder(s): C/o Douglas Telecommunications, Inc.
125 E. Sir Francis Drake Blvd.
Suite 400
Larkspur, CA 94939
USA
Contact details: John Terence Andrews, 04 495 8181, john.andrews@forsythbarr.co.nz
Nature of connection between substantial product holders: Douglas Family
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, John Terence Andrews, 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.