SPH Notice – Jupiter Asset Management Limited

100080615/3821103.1
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
Note: This form must be completed in accordance with the instructions at the end of the
form.
To NZX Limited
and
To Sky Network Television Limited
Relevant event being disclosed : Disposal of shares resulting in the position decreasing by
1%
Date of the relevant event: 9
th
April 2020
Date this disclosure made: 14
th
April 2020
Date last disclosure made: 9
th
July 2019
Substantial product holder(s) giving disclosure
Full name(s): Jupiter Asset Management Limited and its related bodies corporate listed in
Annex A

Summary of substantial holding
Class of quoted voting products: Ordinary shares
Summary for Jupiter Asset Management Limited
For this disclosure,—
(a) total number held in class: 38,511,123
(b) total in class: 436,226,518
(c) total percentage held in class: 8.82%
For last disclosure,—
(a) total number held in class: 38,525,000
(b) total in class: 389,139,785
(c) total percentage held in class: 9.90%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure: See Annex B

100080615/3821103.1
Details after relevant event
Details for Jupiter Asset Management Limited
Nature of relevant interest(s): Jupiter Asset Management Limited’s ordinary business
consists of , or includes, the investment of some or all of the funds of another person
under investment management contracts or as the responsible entity of managed
investment schemes and under those documents has the power to exercise, or to control
the exercise of, a right to vote attached to the quoted product or has the power to acquire
or dispose of, or to control the acquisition or disposal of, the quoted product. The relevant
interests, arising under the investment management contracts or constitutions, as the case
may be, arise only from the powers of those documents. The relevant agreement
documents or constitutions need not be attached under regulation 139.

For that relevant interest,—
(a) number held in class: 38,511,123
(b) percentage held in class: 8.82%
(c) current registered holder(s): See Annex C
(d) registered holder(s) once transfers are registered: The registered holder is included
in the attached table.
For a derivative relevant interest, also—
(a) type of derivative: Not applicable
(b) details of derivative: Not applicable
(c) parties to the derivative: Not applicable
(d) if the substantial product holder is not a party to the derivative, the nature of the
relevant interest in the derivative: Not applicable
Address(es) of substantial product holder(s): c/o Jupiter Asset Management Limited, The
zig Zag Building, 70 Victoria Street, London SW1E 6SQ
Contact details: David Warman +44 20 3817 1392 david.warman@jupiteram.com
Nature of connection between substantial product holders: The substantial product holders
are all related companies of Jupiter Asset Management Limited
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

100080615/3821103.1
Certification
I, David Warman 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.

Annex ‘A’
To Disclosure of movement of 1% or more
Dated 9 April 2020
By Jupiter Asset Management Limited
Details of related bodies corporate. These related bodies corporate are deemed to have the same
interests as Jupiter Asset Management Limited

Name of entity Address
Jupiter Fund Management plc
The Zig Zag Building, 70 Victoria Street, London
SW1E 6SQ
Jupiter Fund Management Group Ltd
The Zig Zag Building, 70 Victoria Street, London
SW1E 6SQ
Jupiter Asset Management Group Ltd
The Zig Zag Building, 70 Victoria Street, London
SW1E 6SQ
Knightsbridge Asset Management Limited
The Zig Zag Building, 70 Victoria Street, London
SW1E 6SQ
Jupiter Investment Management Group Ltd.
The Zig Zag Building, 70 Victoria Street, London
SW1E 6SQ
Jupiter Asset Management Ltd.
The Zig Zag Building, 70 Victoria Street, London
SW1E 6SQ

Annex ‘B’
To Disclosure of movement of 1% or more
Dated 9 April 2020
By Jupiter Asset Management Limited
Details of transactions and events giving rise to substantial holding

Nature of
Transaction
Name of Substantial Security
Holder Consideration Currency
Number of
Securities
BUY
Jupiter Asset Management Limited
and its Associates Listed in Annex A -2,125,932.71 NZD 2,225,000
SELL
Jupiter Asset Management Limited
and its Associates Listed in Annex A 403,177.07 NZD 1,500,000
SELL
Jupiter Asset Management Limited
and its Associates Listed in Annex A 467,578.81 USD 738,877

*Please note - This is the total consideration and number of securities from all trades from the
10-Jul-2019 to 09-Apr-2020*

Annex ‘C’
To Disclosure of movement of 1% or more
Dated 9 April 2020
By Jupiter Asset Management Limited


Registered holder of securities Class and number of securities Percentage Held
BNY Mellon Nominees Ltd Ordinary 2,800,000 0.6419
Merrill Lynch Nominees Ltd Ordinary 11,111,123 2.5471
Nortrust Nominees Ltd Ordinary 12,000,000 2.7509
Chase Nominees Ltd Ordinary 11,700,000 2.6821
State Street Nominees Ltd Ordinary 900,000 0.2063