SPH Notice – Forsyth Barr Investment Management Limited

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Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013
To: NZX Limited
and
To: Skellerup Holdings Limited
Date this disclosure made: 26 June 2020
Date on which substantial holding began: 25 June 2020
Substantial product holder(s) giving
disclosure:

Forsyth Barr Investment Management
Limited

Summary of substantial holding
Class of quoted voting products: Ordinary Shares (SKL)
Summary for Forsyth Barr Investment Management Limited
For this disclosure,—
(a) total number held in class: 9,785,782
(b) total in class: 194,753,340
(c) total percentage held in class:

5.025%
Details of relevant interests
Details for Forsyth Barr Investment Management Limited
Nature of relevant interest(s):

The relevant interest arises under various
investment management agreements to which
Forsyth Barr Investment Management Limited
is a party in its capacity as the manager of the
Forsyth Barr Investment Funds and as a
provider of discretionary investment
management services (DIMS). The relevant
interest arises only from the powers of
investment contained in those agreements,
including the power to control the exercise of
the right to vote attached to the shares and to
control the disposal of the shares. A relevant
agreement document need not be attached
under regulation 139.
For that relevant interest,—
(a) number held in class: 9,785,782
(b) percentage held in class: 5.025%
(c) current registered holder(s): Not applicable
(d) registered holder(s) once transfers are
registered:
Forsyth Barr Custodians Limited
For a derivative relevant interest, also—

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(a) type of derivative: Not applicable
(b) details of derivative: Not applicable
(c) parties to the derivative: Not applicable
(d) if the substantial product holder is not a
party to the derivative, the nature of the
relevant interest in the derivative:

Not applicable
Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure in the period 24 February
2020 to 25 June 2020:
Nature of event Consideration Number of
financial
products
Current registered
holder(s)
Registered
holder(s) once
transfers are
registered
On-market sales $1,719,601 921,883 Trustees
Executors
Limited (“TEL”)
(152,159)
Forsyth Barr
Custodians
Limited (“FBCL”)
(769,724)
Unknown
On-market
purchases
$3,302,873 1,689,130 Unknown TEL (80,814)
FBCL (1,608,316)
Off-market
transfers out of
DIMS
Nil
377,500 FBCL Unknown
Off-market
transfers into
DIMS
Nil
101,938 Unknown FBCL




Additional information
Address(es) of substantial product holder(s): Forsyth Barr House, The Octagon, Dunedin
Contact details: Amanda Koo
T: +64 (9) 368 0118
E: compliance@forsythbarr.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

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I, Amanda Koo, 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.