SPH Notice – Harbour Asset Mgmt Ltd & Jarden Securities Ltd

100080615/3821107.1 1
Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013

To NZX Limited
and
To Precinct Properties New Zealand Limited (PCTHA)
Date this disclosure made: 27 August 2020
Date last disclosure made: 20 August 2020
Date on which substantial
holding ceased:
26 August 2020

Substantial product holder(s) giving disclosure
Full name(s): Jarden Securities Limited
Includes details for related body corporate:
Harbour Asset Management Limited

Summary of substantial holding

Jarden Securities Limited:
Class of quoted voting products:
PCT 27/09/2021 4.80% Convertible Notes
(Convertible Notes)
Summary for: Jarden Securities Limited
For last
disclosure -
(a) total number held in class:
7,655,549
(b) total in class:
150,000,000
(c) total percentage held in class: 5.104%
For current
holding
after
ceasing to
have a
substantial
holding -
(a) total number held in class:
5,390,549
(b) total in class:
150,000,000
(c) total percentage held in class: 3.594%

100080615/3821107.1 2
Summary of substantial holding
Related Body Corporate:
Harbour Asset Management Limited:
Class of quoted voting products:
PCT 27/09/2021 4.80% Convertible Notes
(Convertible Notes)
Summary for: Harbour Asset Management Limited
For last disclosure
(a) total number held in class:
800,000
(b) total in class:
150,000,000
(c) total percentage held in
class:
0.533%
For current holding
after ceasing to
have a substantial
holding
(a) total number held in class: 800,000
(b) total in class: 150,000,000
(c) total percentage held in
class:
0.533%

Summary of substantial holding

Including All Related Bodies Corporate:
Class of quoted voting products:
PCT 27/09/2021 4.80% Convertible Notes
(Convertible Notes)
Summary for: Jarden Securities Limited and
Harbour Asset Management Limited
(a) total number
held in class:
(b) total in class:
(c) total percentage
held in class:

8,455,549

150,000,000
5.637%
(a) total number
held in class:
6,190,549
(b) total in class: 150,000,000
(c) total percentage
held in class:
4.127%

100080615/3821107.1 3
Details of transactions and events giving rise to ceasing of substantial holding:
The transactions/events giving rise to this disclosure obligation are on-market trades by the related bodies corporate since the last relevant
event on 18 August 2020, as summarised in the table below:
Details for: Jarden Securities Limited (DIMS) Jarden Securities Limited Harbour Asset Management Limited
Nature of relevant
interest(s):
Jarden Securities Limited has, as
provider of discretionary investment
management services (DIMS) under
various investment management
agreements with clients (the
beneficial owners of the product), 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 Convertible Notes
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
Convertible Notes
Harbour Asset Management Limited has,
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 Convertible Notes,
under investment powers contained in
investment management agreements
with clients (the beneficial owners of the
product) or managed fund trust deeds.
On-market
purchases –
number of shares
35,000 76,000 Nil
On-market
purchases – Gross
Consideration
$40,250 $88,160 Nil
On-market sales –
number of shares
Nil 2,376,000 Nil
On-market sales –
Gross
Consideration
Nil $2,771,340 Nil

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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:
Jarden Securities Limited and Harbour Asset
Management 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.