SPH Notice – Jarden Securities Ltd & Harbour Asset Mgmt 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: 1 September 2020
Date this disclosure made: 2 September 2020
Date last disclosure made: 25 June 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:
Ordinary Shares (Shares)
Summary for: Jarden Securities Limited
For this
disclosure -
(a) total number held in
class:
1,430,965 (includes DIMS)
(b) total in class:
431,914,620
(c) total percentage held
in class:
0.331%
For last
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%
041898866/4160982.2
Summary of substantial holding
Related Body Corporate:
Harbour Asset Management Limited
Class of quoted voting products:
Ordinary shares (Shares)
Summary for: Harbour Asset Management Limited only
For this
disclosure -
56,415,394
56,415,394
431,914,620
431,914,620
13.062% 13.062%
For last
disclosure -
42,311,548 42,311,548
323,886,592 323,886,592
13.064% 13.064%
Summary of substantial holding
Including All Related Bodies Corporate:
Class of quoted voting products:
Ordinary shares (Shares)
Summary for: Jarden Securities Limited and
Harbour Asset Management Limited
For this
disclosure -
(a) total number held in
class:
57,846,359
(b) total in class:
431,914,620
(c) total percentage held
in class:
13.393%
For last
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%
041898866/4160982.2
Details of transactions and events giving rise to relevant event:
Details of on-market purchases, on-market sales, take up of rights issue and other off-market movements of Shares by Jarden Securities
Limited since the previous disclosure and to 1 September 2020 are summarised in the table below.
Additionally, the take up of rights issue by related body corporate, Harbour Asset Management Limited, is also summarised in the table
below.
Details for: Jarden Securities Limited Jarden Securities Limited (DIMS)
Harbour Asset Management
Limited
Nature of relevant
interest(s):
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
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 Share.
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.
On-market purchases –
Number of Shares
Nil Nil
Nil
On-market purchases –
Gross Consideration
Nil Nil
Nil
On-market sales – Number
of Shares
4,236,508 115,972
Nil
On-market sales – Gross
Consideration
$308,058 $7,561
Nil
1:3 Rights Issue Taken
Up at 0.05c
1,323,534 Nil 14,103,846
1:3 Rights Issue
Consideration
$66,177 Nil $705,192
Off-market transfers into
DIMS Service
N/A 236,307 N/A
041898866/4160982.2
Details after relevant event:
Details for:
Jarden Securities Limited
Jarden Securities Limited (DIMS) Harbour Asset Management Limited
Nature of
relevant
interest(s):
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
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 Share.
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.
For that relevant event:
Number held in
class after the
relevant event:
1,310,630
120,335 56,415,394
Percentage
held in class
0.303% 0.028% 13.062%
Current
registered
holder of
financial
products:
Jarden Securities Limited
FNZ Custodians Limited (as sub-custodian
of Jarden Custodial Services Limited)
Various nominees or custodians for
and on behalf of Harbour Asset
Management Limited
Registered
holder of
financial
products once
transfer is
registered:
Jarden Securities Limited and
unknown
FNZ Custodians Limited (as sub-custodian
of Jarden Custodial Services Limited)
Various nominees or custodians for
and on behalf of Harbour Asset
Management 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:
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.
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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