SPH Notice – Highclere International Investors LLP

1
Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To NZX Ltd
and
To NZX Ltd
Date this disclosure made: 04/05/2020
Date last disclosure made: 26/08/2016
Date on which substantial holding ceased: 01/05/2020
Substantial product holder(s) giving disclosure
Full name(s): Highclere International Investors LLP
Summary of previous substantial holding
Class of quoted voting products: Ordinary share (ISIN NZNZXE0001S7)
Summary for Highclere International Investors LLP
For last disclosure,—
(a) total number held in class: 16,183,718
(b) total in class: 268,315,689
(c) total percentage held in class: 6.03%
For current holding after ceasing to have substantial holding,—
(a) total number held in class: 13,834,847
(b) total in class: 277,374,904
(c) total percentage held in class: 4.99%
Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure: On market sales between
20/09/2019 and 01/05/2020 for 3,814,288 ordinary shares in NZX Limited for NZ
$4,425,010
Additional information
Address(es) of substantial product holder(s): 12 Manchester Square, London, W1U 3PP, UK
Contact details: Emma Tapp, 0044 207 258 9848, etapp@highclereinvestors.com
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

2
Certification
I, Emma Tapp, 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.