SPH Notice – Pendal Group Limited

Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To: NZX Limited
and
To: A2 Milk Company Ltd
Date of relevant event: 30 June 2020
Date this disclosure made: 2 July 2020
Date last disclosure made: 30 June 2020
Substantial product holder(s) giving disclosure
Full name(s): Pendal Group Limited (including the related bodies corporate specified in the
Annexure)
Summary of substantial holding
Class of quoted voting products: ordinary shares – security code ATM
Summary for Pendal Group Limited (including the related bodies corporate specified in the
Annexure)
For last disclosure,—
(a) total number held in class: 38,896,079
(b) total in class: 739,830,151
(c) total percentage held in class: 5.26%
For current holding after ceasing to have substantial holding,—
(a) total number held in class: 34,462,527
(b) total in class: 739,830,151
(c) total percentage held in class: 4.66%
Details of transactions and events giving rise to ceasing of substantial holding
A decrease of 3,314,528 shares on 2020-06-30 caused us to fall below the 5% threshold on an
aggregate basis.

Additional information
Address(es) of substantial product holder(s):
Pendal Group Limited, Level 14, Chifley Tower, 2 Chifley Square, Sydney NSW 2000, Australia
Pendal Fund Services Limited, Level 14, Chifley Tower, 2 Chifley Square, Sydney NSW 2000,
Australia
Pendal Institutional Limited, Level 14, Chifley Tower, 2 Chifley Square, Sydney NSW 2000,
Australia
J O Hambro Capital Management Limited, Level 3, 1 St James's Market, London SW1Y 4AH,
United Kingdom

Contact details:
Joanne Hawkins
Group Company Secretary
Phone: (+61 2) 9220 2525

Nature of connection between substantial product holders: The entities specified in the Annexure
are related bodies corporate of Pendal Group Limited.
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
Disclosure has effect for purposes of directors’ and senior managers’ disclosure: Not applicable

Certification
I, Joanne Hawkins, 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.

ANNEXURE 1
DISCLOSURE OF CEASING TO HOLD 5% OR MORE IN SUBSTANTIAL HOLDING
Pendal Group Limited and related bodies corporate
DATED 30 June 2020
Name of type of shares
A2 Milk Company Ltd
Percentage held
4.66%

Relevant related body corporate:
Pendal Group Limited
Registered holder 1:
Pendal Fund Services Limited
Holding 1:
---- 
Registered holder 2:
Pendal Institutional Limited
Holding 2:
16,640
Registered holder 3:
J O Hambro Capital Management Limited
Holding 3:
34,445,887

Transaction
Type
Period Shares Consideration
On-market sales
and purchases
29/06/2020 to 30/06/2020 -4,433,552

-$82,870,298.96