SPH Notice – Harbour Asset Mgmt Ltd & Jarden Securities Ltd

041898866/4160982.2
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 Wellington Drive Technologies Limited (WDT)
Relevant event being disclosed:
Disclosure of movement of 1% or more in
substantial holding
Date of relevant event: 24 June 2020
Date this disclosure made: 25 June 2020
Date last disclosure made: 20 December 2019

Substantial product holder(s) giving disclosure
Full name(s):
Harbour Asset Management Limited and Jarden
Securities Limited

Summary of substantial holding
Harbour Asset Management Limited:
Class of quoted voting products:
Ordinary shares (Shares)
Summary for: Harbour Asset Management Limited only
For this
disclosure -
(a) total number held in
class:

42,311,548
(b) total in class:
323,886,592
(c) total percentage held
in class:
13.064%
For last
disclosure -
(a) total number held in
class:
42,311,548
(b) total in class: 322,707,005
(c) total percentage held
in class:
13.112%

041898866/4160982.2
Summary of substantial holding
Related Body Corporate:
Jarden Securities Limited
Class of quoted voting products:
Ordinary shares (Shares)
Summary for: Jarden Securities Limited only
For this
disclosure -
(a) total number held in
class:
4,223,604

(b) total in class:
323,886,592
(c) total percentage held
in class:
1.304%
For last
disclosure -
(a) total number held in
class:
7,303,500

(b) total in class: 322,707,005
(c) total percentage held
in class:
2.263%

Summary of substantial holding
Including All Related Bodies Corporate:
Class of quoted voting products:
Ordinary shares (Shares)
Summary for: Harbour Asset Management Limited and
Jarden Securities Limited
For this
disclosure -
(a) total number held in
class:
46,535,152
(b) total in class:
323,886,592
(c) total percentage held
in class:
14.368%
For last
disclosure -
(a) total number held in
class:
49,615,048


(b) total in class: 322,707,005

(c) total percentage held
in class:
15.375%

041898866/4160982.2
Details of transactions and events giving rise to relevant event:
The relevant event occurred due to the change of capital announced by WDT on 24 June 2020.
Details of on-market purchases and on-market sales of Jarden Securities Limited since the previous disclosure as at 19 December 2019
are summarised in the table below.
Details for: Harbour Asset Management Limited Jarden Securities Limited
Nature of relevant
interest(s):
As fund manager, the power to exercise (or
control the exercise of) a right to vote
attached to, and power to acquire or dispose
of (or control the acquisition or disposal of),
the Shares, under investment powers
contained in investment management
agreements with clients (the beneficial
owners of the product) or managed fund
trust deeds.
As beneficial owner, through normal on-market trading
activity, with the power to exercise (or control the exercise
of) a right to vote attached to, and power to acquire or
dispose of (or control the acquisition or disposal of), the
Shares
On-market purchases –
Number of Shares

Nil


206,033
On-market purchases –
Gross Consideration

Nil


$23,954
On-market sales –
Number of Shares

Nil


3,285,929
On-market sales –
Gross Consideration

Nil


$415,013

041898866/4160982.2

Details after relevant event:
Details for:
Harbour Asset Management Limited
Jarden Securities Limited
Nature of relevant
interest(s):
As fund manager, the power to exercise (or control
the exercise of) a right to vote attached to, and
power to acquire or dispose of (or control the
acquisition or disposal of), the Shares, under
investment powers contained in investment
management agreements with clients (the
beneficial owners of the product) or managed fund
trust deeds.
As beneficial owner, through normal on-market trading
activity, with the power to exercise (or control the exercise
of) a right to vote attached to, and power to acquire or
dispose of (or control the acquisition or disposal of), the
Shares.
For that relevant event:

Number held in
class after the
relevant event:
42,311,548
4,223,604
Percentage held
in class
13.064% 1.304%
Current registered
holder of financial
products:
Various nominees or custodians for and on behalf
of Harbour Asset Management Limited
Jarden Securities Limited
Registered holder
of financial
products once
transfer is
registered:
Various nominees or custodians for and on behalf
of Harbour Asset Management Limited
Jarden Securities Limited

041898866/4160982.2

Additional information
Address(es) of substantial
product holder(s):
Level 14, 171 Featherston Street, Wellington
Contact details:
Kate Livingston
+ 64 9 307 5747
kate.livingston@jarden.co.nz
Nature of connection
between substantial product
holders:
Harbour Asset Management Limited and Jarden
Securities Limited are related bodies corporate.

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: none.
Certification
I, Kate Livingston, 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.