SPH Notice – Harbour Asset Mgmt Ltd & Jarden Securities 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 Kathmandu Holdings Limited (KMD)
Relevant event being disclosed:
Disclosure of movement of 1% or more in
substantial holding
Date of relevant event: 18 September 2020
Date this disclosure made: 22 September 2020
Date last disclosure made: 11 June 2020

Substantial product holder(s) giving disclosure
Full name(s):
Harbour Asset Management Limited.

Includes details for related body corporates:
Jarden Securities Limited
Jarden Scientific Trading Limited

Summary of substantial holding
Harbour Asset Management Limited:
Class of quoted voting products:
Ordinary shares (Shares)
Summary for: Harbour Asset Management Limited only
For this
disclosure -
(a) total number held in
class:

43,174,326
(b) total in class:
709,001,384
(c) total percentage held
in class:
6.090%
For last
disclosure -
(a) total number held in
class:

50,329,611
(b) total in class: 709,001,384
(c) total percentage held
in class:
7.099%

041898866/4160982.2
Summary of substantial holding
Related Body Corporate:
Jarden Securities Limited:
Class of quoted voting products:
Ordinary shares (Shares)
Summary for: Jarden Securities Limited
(includes Jarden Securities Limited (DIMS) holdings)
For this
disclosure -
(a) total number held in
class:
8,722,097
(b) total in class:
709,001,384
(c) total percentage held
in class:
1.230%
For last
disclosure -
(a) total number held in
class:
7,069,820
(b) total in class: 709,001,384
(c) total percentage held
in class:
0.997%

Summary of substantial holding
Related Body Corporate:
Jarden Scientific Trading Limited:
Class of quoted voting products:
Ordinary shares (Shares)
Summary for: Jarden Scientific Trading Limited
For this
disclosure -
(a) total number held in
class:

15,000
(b) total in class:
709,001,384
(c) total percentage held
in class:
0.002%
For last
disclosure -
(a) total number held in
class:
15,000
(b) total in class: 709,001,384
(c) total percentage held
in class:
0.002%

041898866/4160982.2


Summary of substantial holding
Including All Related Bodies Corporate:

Class of quoted voting products:
Ordinary shares (Shares)
Summary for: Harbour Asset Management Limited; and
Jarden Securities Limited
Jarden Scientific Trading Limited
For this disclosure- (a) total number held in
class:

51,911,423

(b) total in class:
709,001,384
(c) total percentage held in
class:
7.322%
For last disclosure- (a) total number held in
class:
57,414,431
(b) total in class: 709,001,384
(c) total percentage held in
class:
8.098%

041898866/4160982.2
Details of transactions and events giving rise to relevant event:
Details of the transactions or other events requiring disclosure:
The transactions/events giving rise to this disclosure obligation are on-market buy and sell trades by Harbour Asset Management Limited since the
previous relevant event on 10 June 2020, as summarised in the table below.
The movements in holdings of Jarden Securities Limited and Jarden Scientific Trading Limited (related bodies corporate of Harbour Asset Management
Limited) since the previous relevant event on 10 June 2020, are also summarised in the table below.
Details for: Harbour Asset Management
Limited
Jarden Securities Limited Jarden Securities Limited
(DIMS)
Jarden Scientific Trading
Limited
Nature of
relevant
interest(s):
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.
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.
Jarden Scientific Trading
Limited is both registered
holder and beneficial owner of
derivatives and is treated as
having a relevant interest in
the underlying quoted product
under an equity swap
agreement that Jarden
Scientific Trading Limited has
in place with a Prime Broker.
On-market
purchases –
number of
shares

5,129,099

13,559,792

1,814,930

N/A
On-market
purchases –
Gross
Consideration

$6,318,953

$15,678,841

$2,153,794

N/A
On-market sales
– number of
shares

12,284,384

13,584,792

457,084

N/A
On-market sales
– Gross
Consideration

$14,780,182

$15,807,688


$540,453

N/A
Transfers into
DIMS Service

N/A

N/A

269,431

N/A

041898866/4160982.2

Details after relevant event:
Details for:
Harbour Asset Management
Limited
Jarden Securities Limited
Jarden Securities Limited
(DIMS)
Jarden Scientific Trading
Limited
Nature of
relevant
interest(s):
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.
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.
Jarden Scientific Trading
Limited is both registered
holder and beneficial owner of
derivatives and is treated as
having a relevant interest in
the underlying quoted product
under an equity swap
agreement that Jarden
Scientific Trading Limited has
in place with a Prime Broker.
For that relevant interest,


Number held in
class after the
relevant event:

43,174,326
Uncovered short proprietary
position of:
50,000

8,722,097

15,000
Percentage held
in class
6.089% Nil 1.230% 0.002%
Current
registered holder
of financial
products:
Various nominees or
custodians for and on behalf of
Harbour Asset Management
Limited
Jarden Securities Limited and
unknown
FNZ Custodians Limited (as
sub-custodian of Jarden
Custodial Services Limited)
Unknown
Registered
holder of
financial
products once
transfer is
registered:
Various nominees or
custodians for and on behalf of
Harbour Asset Management
Limited and unknown
Jarden Securities Limited and
unknown
FNZ Custodians Limited (as
sub-custodian of Jarden
Custodial Services Limited)
Unknown
Type of
derivative:
N/A N/A N/A Equity Swap

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Details of
derivative:
N/A N/A N/a Notional number of
underlying physical
product: 15,000 Shares
Settlement: cash-settled
Maturity date of the
derivative: No maturity
date, open ended until
unwind
Expiry date of the
derivative:
No expiry date, open ended
until unwind
Price specified in the terms
of the derivative:
Set at execution price of
underlying physical product
Parties to the
derivative:
N/A N/A N/A Jarden Scientific Trading
Limited and a Prime Broker
under ISDA 2002 Master
Agreement
If the substantial
product holder is
not a party to
the derivative,
the nature of the
relevant interest
in the
derivative:
N/A N/A N/A N/A

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:
Harbour Asset Management Limited, Jarden Securities
Limited and Jarden Scientific Trading 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.