SPH Notice – Salt Funds Management Limited

100080615/3821107.1 1
Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To NZX Ltd
and
To Kiwi Property Group Limited
Date this disclosure made: 04 May 2020
Date last disclosure made: 15 November 2019
Date on which substantial holding ceased: 30 April 2020
Substantial product holder(s) giving disclosure
Full name(s): Salt Funds Management Limited
Summary of previous substantial holding
Class of quoted voting products: Kiwi Property Group Limited Ordinary Shares (KPG)
Summary for Salt Funds Management Limited
For last disclosure,—
(a) total number held in class: 79,553,486
(b) total in class: 1,558,218,897
(c) total percentage held in class: 5.105%
For current holding after ceasing to have substantial holding,—
(a) total number held in class: 78,301,339
(b) total in class: 1,569,087,532
(c) total percentage held in class: 4.990%
Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure:
Transaction Type Period Shares/Units Consideration
On-market purchases
14/11/2019 –
06/04/2020
7,131,293.00 $(10,066,447.91)
On-market sale
18/12/2019 –
30/04/2020
(8,383,440.00) $ 9,996,041.23
(1,252,147.00)

100080615/3821107.1 2



Additional information
Address(es) of substantial product holder(s):
Level 3, The Imperial Buildings
44 Queen Street
Auckland 1050
Contact details:
Kate Allen
+64 9 869 2933
Kate.Allen@saltfunds.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: N/A
Certification
I, Kate Allen, 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.