SPH Notice – Aberdeen Standard Investments (Asia) Limited

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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 CDL Investments New Zealand Limited
Relevant event being disclosed: Disclosure of movement of 1% or more in substantial
holding.
Date of relevant event: 26 May 2020
Date this disclosure made: 27 May 2020
Date last disclosure made: 5 July 2019
Substantial product holder(s) giving disclosure
Full name(s): Aberdeen Standard Investments (Asia) Limited
Summary of substantial holding
Class of quoted voting products: Ordinary Share
Summary for Aberdeen Standard Investments (Asia) Limited
For this disclosure,—
(a) total number held in class: 17,749,514
(b) total in class: 280,435,135
(c) total percentage held in class: 6.3292%
For last disclosure,—
(a) total number held in class: 20,461,758
(b) total in class: 278,805,580
(c) total percentage held in class: 7.3390%
Details of transactions and events giving rise to relevant event

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Date of
Transaction
Nature of
Transaction
Consideration
(in NZD)
Number of Financial Products
Transacted
05/07/2019 Sell 14,400.00 20,000 Ordinary Shares
10/07/2019 Sell 9,433.52 12,748 Ordinary Shares
10/07/2019 Sell 13,506.48 18,252 Ordinary Shares
15/07/2019 Sell 9,400.29 12,645 Ordinary Shares
15/07/2019 Sell 13,608.68 18,306 Ordinary Shares
22/07/2019 Sell 11,666.24 15,672 Ordinary Shares
25/07/2019 Sell 17,300.25 23,067 Ordinary Shares
26/07/2019 Sell 14,935.23 20,007 Ordinary Shares
06/08/2019 Sell 12,961.44 18,002 Ordinary Shares
12/08/2019 Sell 14,625.36 20,313 Ordinary Shares
12/08/2019 Sell 41,924.16 58,228 Ordinary Shares
13/08/2019 Sell 16,945.20 23,535 Ordinary Shares
13/08/2019 Sell 48,574.80 67,465 Ordinary Shares
14/08/2019 Sell 13,623.12 18,921 Ordinary Shares
14/08/2019 Sell 39,051.36 54,238 Ordinary Shares
15/08/2019 Sell 26,625.60 36,980 Ordinary Shares
15/08/2019 Sell 9,374.40 13,020 Ordinary Shares
15/08/2019 Sell 9,375.12 13,021 Ordinary Shares
15/08/2019 Sell 13,588.56 18,873 Ordinary Shares
20/08/2019 Sell 41,008.18 57,758 Ordinary Shares
20/08/2019 Sell 130,900.57 184,367 Ordinary Shares
10/02/2020 Sell 10,093.32 10,971 Ordinary Shares
10/02/2020 Sell 18,610.68 20,229 Ordinary Shares
11/02/2020 Sell 11,789.75 12,699 Ordinary Shares
12/02/2020 Sell 33,978.36 36,933 Ordinary Shares
12/02/2020 Sell 68,917.20 74,910 Ordinary Shares
13/02/2020 Sell 10,024.32 10,896 Ordinary Shares
13/02/2020 Sell 12,975.68 14,104 Ordinary Shares
17/02/2020 Sell 10,484.55 11,500 Ordinary Shares
18/02/2020 Sell 128,055.20 140,720 Ordinary Shares
18/02/2020 Sell 63,171.29 69,419 Ordinary Shares
19/02/2020 Sell 10,552.54 11,449 Ordinary Shares
19/02/2020 Sell 10,187.55 11,053 Ordinary Shares
24/02/2020 Sell 19,489.08 21,147 Ordinary Shares
27/02/2020 Sell 295,530.30 328,367 Ordinary Shares
27/02/2020 Sell 604,469.70 671,633 Ordinary Shares
18/03/2020 Sell 14,672.49 19,968 Ordinary Shares
19/03/2020 Sell 17,500.00 25,000 Ordinary Shares
25/03/2020 Sell 49,942.05 70,880 Ordinary Shares
25/03/2020 Sell 24,274.88 34,452 Ordinary Shares
26/03/2020 Sell 25,994.17 36,098 Ordinary Shares
26/03/2020 Sell 12,634.15 17,545 Ordinary Shares
01/04/2020 Sell 12,613.52 17,851 Ordinary Shares
07/04/2020 Sell 19,556.69 26,757 Ordinary Shares
08/04/2020 Sell 12,792.33 17,164 Ordinary Shares
08/04/2020 Sell 26,508.09 35,567 Ordinary Shares

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Details after relevant event
Details for Aberdeen Standard Investments (Asia) Limited
Nature of relevant interest(s): Aberdeen Standard Investments (Asia) Limited (“ASIAL”)
together with its fully owned subsidiary, Aberdeen Standard Investments (Australia)
Limited (“ASIAusL”), act as investment managers for various clients/ investment vehicles
and have the power to exercise, or control the exercise of, a right to vote attached to the
securities and has the power to dispose of, or control the disposal of the securities. The
funds managed by ASIAL and ASIAusL are set out in the Annexure.
For that relevant interest,—
(a) number held in class: 17,749,514
(b) percentage held in class: 6.3292%
(c) current registered holder(s):
State Street Bank & Trust - Australia
BNP Paribas Securities Services - United Kingdom
JP Morgan Chase & Co - Australia

(d) registered holder(s) once transfers are registered:
State Street Bank & Trust - Australia
BNP Paribas Securities Services - United Kingdom
JP Morgan Chase & Co - Australia

For a derivative relevant interest, also—
(a) type of derivative:
(b) details of derivative: specify details required by the instructions to this form
(c) parties to the derivative:
(d) if the substantial product holder is not a party to the derivative, the nature of the
relevant interest in the derivative:
09/04/2020 Sell 12,355.98 16,275 Ordinary Shares
09/04/2020 Sell 25,604.02 33,725 Ordinary Shares
14/04/2020 Sell 11,763.10 14,638 Ordinary Shares
14/04/2020 Sell 24,374.80 30,332 Ordinary Shares
15/04/2020 Sell 20,598.05 25,709 Ordinary Shares
20/04/2020 Sell 11,332.31 14,153 Ordinary Shares
28/04/2020 Sell 10,847.57 13,492 Ordinary Shares
18/05/2020 Sell 11,788.14 14,990 Ordinary Shares
25/05/2020 Sell 17,864.00 23,200 Ordinary Shares
26/05/2020 Sell 28,016.15 35,744 Ordinary Shares
26/05/2020 Sell 13,525.25 17,256 Ordinary Shares

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Additional information
Address(es) of substantial product holder(s): 21 Church Street, #01-01 Capital Square
Two, 049480, Singapore
Contact details: Sean Ng | +65 6632 2973 |
disclosures.singapore@aberdeenstandard.com
*Nature of connection between substantial product holders: names and nature of
connection
*Omit if disclosure is made for only 1 substantial product holder.
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
*Disclosure has effect for purposes of directors’ and senior managers’ disclosure
[Name] is also a [specify either director or senior manager] of [name of listed issuer].
This disclosure also constitutes disclosure for the purposes of the directors’ and senior
managers’ disclosure obligations.
*Omit if inapplicable (see section 302 of the Financial Markets Conduct Act 2013).
Certification
I, Sean Ng, 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.

Holder of relevant interestRegistered holder securitiesPersons entitled to be registered holder
Number of securities
Aberdeen Standard Australian
Small Companies Fund
State Street Bank & Trust -
Australia
Aberdeen Standard Australian Small
Companies Fund
10,178,937
Aberdeen Standard Asia Focus PLC
BNP Paribas Securities Services -
United KingdomAberdeen Standard Asia Focus PLC
1,576,992
Standard Life Aberdeen plc
Segregated Fund
JP Morgan Chase & Co -
AustraliaStandard Life Aberdeen plc Segregated Fund
5,993,585
Annexure - CDL Investments Limited dated 26th May 2020