SPH Notice – Stride Property Limited

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
To NZX Limited
and
To Investore Property Limited
Relevant event being disclosed: Movement of 1% or more in substantial holding
Date of relevant event: 20 May 2020
Date this disclosure made: 20 May 2020
Date last disclosure made: 12 July 2016
Substantial product holder(s) giving disclosure
Full name(s): Stride Property Limited
Summary of substantial holding
Class of quoted voting products: Investore Property Limited Ordinary Shares (IPL)
Summary for Stride Property Limited
For this disclosure,—
(a) total number held in class: 69,201,977
(b) total in class: 368,135,033
(c) total percentage held in class: 18.798%
For last disclosure,—
(a) total number held in class: 52,091,786
(b) total in class: 261,771,833
(c) total percentage held in class: 19.90%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure:
Date of Event Details Number of Shares Consideration
7 to 13 September
2018
On-market sale of
shares to maintain
19.9% shares given
IPL share buyback
300,000 $459,359.16
25 November 2019
Participation in IPL
Placement to
7,396,675 $12,944,181.25

2
maintain pro rata
shareholding
5 May 2020
Participation in IPL
Placement to
maintain pro rata
shareholding
10,013,516 $16,522,301.40

On 20 May 2020, IPL issued 12,121,212 shares under IPL's share purchase plan
announced on 29 April 2020, resulting in Stride Property Limited's percentage shareholding
in IPL moving by more than 1% since the date of Stride Property Limited's last disclosure.
Details after relevant event
Details for Stride Property Limited
Nature of relevant interest(s): Registered holder and beneficial owner of financial products
For that relevant interest,—
(a) number held in class: 69,201,977
(b) percentage held in class: 18.798%
(c) current registered holder(s): Stride Property Limited
(d) registered holder(s) once transfers are registered: Not applicable
Additional information
Address(es) of substantial product holder(s): Level 12, 34 Shortland Street, Auckland, New
Zealand
Contact details: Louise Hill, Telephone 0275580033, Email:
louise.hill@strideproperty.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: Not applicable
Certification
I, Louise Jane Hill, 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.