SPH Notice – Harbour Asset Management & Jarden

041898866/4161050.2
Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013

To NZX Limited
and
To Mainfreight Limited (MFT)
Date this disclosure made: 23 December 2019
Date on which substantial
holding began:
19 December 2019

Substantial product holder(s) giving disclosure
Full name(s):
Harbour Asset Management Limited, Jarden Securities
Limited (previously named First NZ Capital Securities
Limited) and Jarden Scientific Trading Limited

Summary of substantial holding
Class of quoted voting
products:
Ordinary shares (Shares)
Summary for: Harbour Asset Management Limited
Jarden Securities Limited
Jarden Scientific Trading Limited
For this
disclosure -
(a) total
number held
in class:
5,605,185
(b) total in
class:
100,698,548
(c) total
percentage
held in class:
5.566%

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Details of Relevant Interests:
Details for:
Harbour Asset
Management Limited
Jarden Securities Limited
Jarden Securities Limited
(DIMS)
Jarden Scientific Trading Limited

Nature of
relevant
interest(s):
As fund manager, the
power to exercise (or
control the exercise of) a
right to vote attached to,
and power to acquire or
dispose of (or control the
acquisition or disposal of),
the Shares, under
investment powers
contained in investment
management agreements
with clients (the beneficial
owners of the product) or
managed fund trust
deeds.
As beneficial owner, through
normal on-market trading
activity, with the power to
exercise (or control the
exercise of) a right to vote
attached to, and power to
acquire or dispose of (or
control the acquisition or
disposal of), the Shares
Jarden Securities Limited
has, as provider of
discretionary investment
management services
(DIMS) under various
investment management
agreements with clients
(the beneficial owners of
the product), the power to
exercise (or control the
exercise of) a right to vote
attached to, and power to
acquire or dispose of (or
control the acquisition or
disposal of), the Shares.
Jarden Scientific Trading Limited is
both registered holder and
beneficial owner of derivatives and
is treated as having a relevant
interest in the underlying quoted
product under an equity swap
agreement that Jarden Scientific
Trading Limited has in place with a
Prime Broker.
Number held in
class:
4,637,043 326 965,580 2,236
Percentage held
in class
4.605% 0.000% 0.959% 0.002%
Current
registered holder
of financial
products:
Various nominees or
custodians for and on
behalf of Harbour Asset
Management Limited &
unknown
Jarden Securities Limited &
unknown
FNZ Custodians Limited
(as sub-custodian of
Jarden Custodial Services
Limited)
Unknown
Registered holder
of financial
Various nominees or
custodians for and on
Jarden Securities Limited
FNZ Custodians Limited
(as sub-custodian of
Unknown

041898866/4161050.2
products once
transfer is
registered:
behalf of Harbour Asset
Management Limited
Jarden Custodial Services
Limited)
Type of
derivative:
N/A N/A N/A Equity Swap
Details of
derivative:
N/A N/A N/A
Notional number of underlying
physical product: 2,236 Shares
Settlement: cash-settled
Maturity date of the derivative: No
maturity date, open ended until
unwind
Expiry date of the derivative:
No expiry date, open ended until
unwind
Price specified in the terms of the
derivative:
Set at execution price of underlying
physical product
Parties to the
derivative:
N/A N/A N/A
Jarden Scientific Trading Limited
and a Prime Broker
ISDA 2002 Master Agreement is
attached (36 pages)
If the substantial
product holder is
not a party to the
N/A N/A N/A N/A

041898866/4161050.2
derivative, the
nature of the
relevant interest
in the derivative:

Details of Transactions and Events Giving Rise to Relevant Event:
Details of purchases and sales for each of the above relevant interests during the 4 months from 19 August 2019 to 19 December 2019:
Details for:
Harbour Asset
Management Limited
Jarden Securities Limited
Jarden Custodial Services
Limited (through sub-
custodian FNZ Custodians
Limited)
Jarden Scientific Trading Limited
On-market
purchases –
number of shares
150,561 261,146 104,582 Nil
On-market
purchases –
Gross
Consideration
$6,028,079 $10,526,438 $4,205,622 N/A
On-market sales
– number of
shares
256,344 260,049 36,645 Nil
On-market sales
– Gross
Consideration
$10,347,911 $10,502,927 $1,473,457 N/A

041898866/4161050.2

Additional information
Address(es) of substantial
product holder(s):
Level 14, 171 Featherston Street, Wellington
Contact details:
Kate Livingston
+ 64 9 307 5747
kate.livingston@jarden.co.nz
Nature of connection
between substantial product
holders:
Jarden Securities Limited, Jarden Custodial Services
Limited, Jarden Scientific Trading Limited and Harbour
Asset Management Limited are related bodies corporate.

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: none.
Certification
I, Kate Livingston, 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.