SPH Notice – Asantha Wijeyeratne

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 PaySauce Limited
Relevant event being disclosed: Movement of 1% or more
Date of relevant event: 16 July 2020
Date this disclosure made: 16 July 2020
Date last disclosure made: 7 January 2019
Substantial product holder(s) giving disclosure
Full name(s): Upakara Family Trust, Wijeyeratne & Co Limited, Cloud Investments Limited
and Asantha Wijeyeratne
Summary of substantial holding
Class of quoted voting products: Ordinary shares
Summary for Upakara Family Trust, Wijeyeratne & Co Limited, Cloud Investments Limited
and Asantha Wijeyeratne
For this disclosure,—
(a) total number held in class: 40,583,461
(b) total in class: 136,418,603
(c) total percentage held in class: 29.75%
For last disclosure,—
(a) total number held in class: 41,770,149
(b) total in class: 116,870,868
(c) total percentage held in class: 35.74%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure:
On-market trades and off-market transfers as set out in the accompanying table.
Since the last substantial product holder filing PaySauce Limited has consolidated its
shares (1 for 50) and issued new shares to other investors diluting the substantial product

holders. The numbers above for ‘last disclosure’ have had the share consolidation applied
to them.
Details after relevant event

Details for Upakara Family Trust
Nature of relevant interest(s): Wijeyeratne & Co Limited and Cloud Investments Limited
own ordinary shares in PaySauce Limited. The ordinary shares of Wijeyeratne & Co Limited
and Cloud Investments Limited form part of the property held by the trustee of the
Upakara Family Trust.
For that relevant interest,—
(a) number held in class: 40,583,461
(b) percentage held in class: 29.75%
(c) current registered holder(s): Wijeyeratne & Co Limited and Cloud Investments
Limited
(d) registered holder(s) once transfers are registered: See accompanying table.
Details for Wijeyeratne & Co Limited
Nature of relevant interest(s): registered holder
For that relevant interest,—
(a) number held in class: 27,750,433
(b) percentage held in class: 20.34%
(c) current registered holder(s): Wijeyeratne & Co Limited
(d) registered holder(s) once transfers are registered: See accompanying table.

Details for Cloud Investments Limited
Nature of relevant interest(s): registered holder
For that relevant interest,—
(a) number held in class: 12,833,028
(b) percentage held in class: 9.40%
(c) current registered holder(s): Cloud Investments Limited

(d) registered holder(s) once transfers are registered: N/A.

Additional information
Address(es) of substantial product holder(s): 71c Korokoro Road, Korokoro, Lower Hutt
5012, New Zealand
Contact details: asantha@paysauce.com, 021 554 600
Nature of connection between substantial product holders: Asantha Wijeyeratne is a
director of Wijeyeratne & Co Limited and Cloud Investments Limited. Upakara Family Trust
is the sole shareholder of Wijeyeratne & Co Limited and Cloud Investments Limited.
Asantha Wijeyeratne is a settlor and beneficiary of Upakara Family Trust.
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: Gavin Thompson
Disclosure has effect for purposes of directors’ and senior managers’ disclosure
Asantha Wijeyeratne is also a director and senior manager of PaySauce Limited This
disclosure also constitutes disclosure for the purposes of the directors’ and senior
managers’ disclosure obligations.
Certification
I, Asantha Wijeyeratne, 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.



Details of Transactions:

Date
Nature of
Transaction Buyer Consideration
No. of
Shares
16-Jul-
20 On-market sale Unknown $198,160.56

440,000
16-Jul-
20 On-market sale Unknown $50,054.42

100,000
16-Jul-
20 On-market sale Unknown $15,759.90

35,022
16-Jul-
20 On-market sale Unknown $11,240.10

24,978
16-Jul-
20 Off-market sale Richard Liddell $44,200.00

130,000
16-Jul-
20 Off-market sale Cleary Wealth Management $25,000.20

73,530
16-Jul-
20 Off-market sale Gavin Thompson $100,000.04

263,158

16-Jul-
20 Off-market sale* Sangara Hithamillage $0.00

60,000
16-Jul-
20 Off-market sale* Sophia Duncan-Haines $0.00

60,000
*gifts to relatives.