SPH Notice – L1 Capital Pty Ltd
1
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 Chorus Limited
Relevant event being disclosed: Movement of 1% or more in the substantial holding
Date of relevant event: 18 September 2020
Date this disclosure made: 21 September 2020
Date last disclosure made: 26 March 2020
Substantial product holder(s) giving disclosure
Full name(s): L1 CAPITAL PTY LTD
Summary of substantial holding
Class of quoted voting products: Ordinary share
Summary for L1 CAPITAL PTY LTD
For this disclosure,—
(a) total number held in class: 43,609,816
(b) total in class: 444,491,560
(c) total percentage held in class: 9.83%
For last disclosure,—
(a) total number held in class: 48,819,484
(b) total in class: 443,709,223
(c) total percentage held in class: 11.00%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure: Disposal of 5,209,668
units on market.
Details after relevant event
Details for L1 CAPITAL PTY LTD
Nature of relevant interest(s): L1 Capital has a relevant interest in the ordinary shares of
Chorus Limited (CNU) in its capacity as investment manager for a range of client portfolios.
L1 Capital’s relevant interest arises under its investment management contract(s) with the
clients and only from the powers of investment contained in the investment management
contract(s), including the power to exercise, or to control the exercise of, a right to vote
2
attached to the ordinary shares of CNU, or to acquire or dispose of, or to control the
acquisition or disposal of, the ordinary shares of CNU.
Additional information
Address(es) of substantial product holder(s): Level 28 101 Collins Street, Melbourne,
VIC, 3000. Australia
Contact details: Jane Stewart, +61 3 9286 7015, compliance@L1.com.au
Certification
I, Jane Stewart, 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.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- CHI — Channel Infrastructure NZ Limited: SPH Notice – Wellington Management Group LLP2020-12-10
“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 Note: This form must be completed in accordance with the instructions at the end of the form. To NZX Limited…”
- SKC — SkyCity Entertainment Group Limited: SPH Notice – Lazard Asset Management Pacific Co2020-07-08
“1 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 Note: This form must be completed in accordance with the instructions at the end of the form. To: NZX…”