SPH Notice – Forsyth Barr Investment Management Limited

1

Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To: NZX Limited
and
To: Property For Industry Limited
Date this disclosure made: 24 October 2019
Date last disclosure made: 18 September 2019
Date on which substantial holding ceased: 23 October 2019
Substantial product holder(s) giving
disclosure:

Full name(s) Forsyth Barr Investment Management Limited
Summary of previous substantial holding
Class of quoted voting products: Ordinary Shares (PFI)
Summary for Forsyth Barr Investment Management Limited
For last disclosure,—
(a) total number held in class: 25,011,977
(b) total in class: 498,723,330
(c) total percentage held in class:

5.015%
For current holding after ceasing to have substantial holding,—
(a) total number held in class: 24,758,961
(b) total in class: 498,723,330
(c) total percentage held in class:

4.964%
Details of transactions and events giving rise to ceasing of substantial holding
Date of event Nature of event Consideration Number of financial products
18 Sept 2019 – 23
Oct 2019
On-market sales $1,279,006 532,804
18 Sept 2019 – 23
Oct 2019
On-market
purchases
$478,815 200,613
18 Sept 2019 – 23
Oct 2019
Off-market transfers
into DIMS
Nil 137,475
18 Sept 2019 – 23
Oct 2019
Off-market transfers
out of DIMS
Nil 58,300

2

Additional information
Address(es) of substantial product holder(s): Forsyth Barr House, The Octagon, Dunedin
Contact details: Sarina Whitlock
T: +64 9 368 0108
E: compliance@forsythbarr.co.nz
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
I, Sarina Whitlock 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.