SPH Notice – Milford Funds Limited
100080615/3821102.1
1
Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013
Note: This form must be completed in accordance with the instructions at the end of the
form.
To New Zealand Stock Exchange
and
To Summerset Group Holdings Limited
Date this disclosure made: 06/05/2020
Date on which substantial holding began: 05/05/2020
Substantial product holder(s) giving disclosure
Full name(s): Milford Funds Limited
Summary of substantial holding
Class of quoted voting products: Ordinary Shares
Summary for Milford Funds Limited
For this disclosure,—
(a) total number held in class: 12,006,954
(b) total in class: 227,983,045
(c) total percentage held in class: 5.267%
Details of relevant interests
Details for Milford Funds Limited
Nature of relevant interest(s):
- Milford Active Growth Wholesale Fund (2.851%), (Custodian - NNL Custodians),
- Milford NZ Equities Wholesale Fund (1.672%), (Custodian - NNL Custodians),
- Milford Income Wholesale Fund (0.743%), (Custodian - NNL Custodians),
Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure:
On-market purchases (including DIV-DRP) of 3,612,408 ordinary shares for total
consideration of $23,018,522.26, and on-market sales of 1,200,099 ordinary shares
for total consideration of 9,312,277.73 were made during the period 03 January
2020 – 05 May 2020.
100080615/3821102.1
2
Additional information
Address(es) of substantial product holder(s): Level 28, 48 Shortland Street, Auckland,
1140, New Zealand.
Contact details: Zach Kenworthy, Operations Associate Contact: 09 921 4700
Certification
I, Zach Kenworthy, 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.
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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