SPH Notice – Douglas Trust

Disclosure of movement of 1% or more in substantial holding
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: 17 December 2019
Date this disclosure made: 20 December 2019
Date last disclosure made: 17 October 2019
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: 9,950,000
• (b) total in class: 102,043,041
• (c) total percentage held in class: 9.8%
For last 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%
Details of transactions and events giving rise to relevant event
From 14 October 2019 to 17 December 2019 Douglas Irrevocable Descendants Trust;
Douglas Family Trust; K&M Douglas Trust purchased on-market 1,917,235 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: 9,950,000
• (b) percentage held in class: 9.8%
• (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: Glenn Stefan Milnes.
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.