SPH Notice – Pendal Group Limited

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Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013
To: NZX Limited
and
To:
The a2 Milk Company Limited

Date this disclosure made: 30 September 2020
Date on which substantial holding began: 28 September 2020
Substantial product holder(s) giving disclosure
Full name(s): Pendal Group Limited (including the related bodies corporate specified in the
Annexure)
Summary of substantial holding
Class of quoted voting products: ordinary shares – security code ATM
Summary for Pendal Group Limited (including the related bodies corporate specified in the
Annexure)
For this disclosure,—
(a) total number held in class: 38,355,845
(b) total in class:742,588,971
(c) total percentage held in class: 5.165%
Details of relevant interests
Details for Pendal Group Limited (including the related bodies corporate specified in the
Annexure)
Nature of relevant interest(s): Relevant interest by virtue of the entities specified in the
Annexure (being related bodies corporate of Pendal Group Limited) acquiring The a2 Milk
Company Limited shares on behalf of funds managed by the related bodies corporate, or in
respect of which the related bodies corporate act as responsible entity.
For that relevant interest,—
(a) number held in class: 38,355,845
(b) percentage held in class: 5.165%
(c) current registered holder(s): Refer Annexure
(d) registered holder(s) once transfers are registered: Refer Annexure
For a derivative relevant interest, also—
(a) type of derivative: Not Applicable

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(b) details of derivative: Not Applicable
(c) parties to the derivative: Not Applicable
(d) if the substantial product holder is not a party to the derivative, the nature of the relevant
interest in the derivative: Not Applicable
Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure: Refer Annexure
Additional information
Address(es) of substantial product holder(s):
Pendal Group Limited, Level 14, Chifley Tower, 2 Chifley Square, Sydney, NSW 2000,
Australia

Pendal Fund Services Limited, Level 14, Chifley Tower, 2 Chifley Square, Sydney, NSW
2000, Australia

J O Hambro Capital Management Limited, Level 3, 1 St James’ Market, SW1Y 4AH, London,
United Kingdom

Contact details:
Joanne Hawkins
Group Company Secretary
Phone: (+61 2) 9220 2525

Nature of connection between substantial product holders: The entities specified in the
Annexure are related bodies corporate of Pendal Group Limited.
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: Not Applicable
Disclosure has effect for purposes of directors’ and senior managers’ disclosure: Not Applicable

Certification
I, Joanne Hawkins, 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.

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ANNEXURE 1
BEGINNING DISCLOSURE IN SUBSTANTIAL HOLDING FROM
Pendal Group Limited and related bodies corporate
DATED 30 September 2020
Name of type of shares
The a2 Milk Company Limited Ordinary Shares
Percentage held
5.165%

Relevant related body corporate:
Pendal Group Limited
Registered holder 1:
J O Hambro Capital Management Limited
Holding 1:
38,355,845
Registered holder 1:

Holding 1: