SPH Notice – Westpac Banking Corporation

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: Asset Plus Limited
Relevant event being disclosed: Movement of 1% or more in substantial holding
Date of relevant event: 02 October 2020
Date this disclosure made: 06 October 2020
Date last disclosure made: 17 September 2020
Substantial product holder(s) giving disclosure
Full name(s): Westpac Banking Corporation (including the related bodies corporate specified in
the Annexure)
Summary of substantial holding
Class of quoted voting products: ordinary shares – security code APL
Summary for Westpac Banking Corporation (including the related bodies corporate specified in
the Annexure)
For this disclosure,—
(a) total number held in class: 42,173,940
(b) total in class: 362,717,801
(c) total percentage held in class: 11.63%
For last disclosure,—
(a) total number held in class: 41,105,763
(b) total in class: 257,488,985
(c) total percentage held in class: 15.96%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure: Refer Annexure

Details after relevant event
Details for Westpac Banking Corporation (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 Westpac Banking Corporation) acquiring and selling Asset

Asset Plus Limited shares on behalf of funds managed by the related body corporate, or in
respect of which the related bodies corporate acts as responsible entity.
For that relevant interest,—
(a) number held in class: 42,173,940
(b) percentage held in class: 11.63%
(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
(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
Additional information
Address(es) of substantial product holder(s):
Westpac Banking Corporation, Level 18, Westpac Place, 275 Kent Street, Sydney, NSW 2000,
Australia
Guardian Nominees No.2 Limited, Level 14, 191 Queen Street, Auckland 1010, New Zealand

Contact details:
Tim Hartin
General Manager & Company Secretary
Phone: (+61 2) 9155 7713

Nature of connection between substantial product holders: The entities specified in the Annexure
are related bodies corporate of Westpac Banking Corporation.
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, Tim Hartin, 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.

ANNEXURE 1
DISCLOSURE OF MOVEMENT OF 1% OR MORE IN SUBSTANTIAL HOLDING
Westpac Banking Corporation and related bodies corporate
DATED 06 October 2020
Name of type of shares Asset Plus Limited Ordinary Shares
Percentage held 11.63%

Relevant related body corporate:
Westpac Banking Corporation
Various unit trusts managed by BT Funds
Management (NZ) Limited
Registered holder 1: Guardian Nominees No.2 Limited
Holding 1: 42,173,940

Transaction
Type
Period Shares Consideration
On-market sales
and purchases
(nett)
17/09/2020 to 02/10/2020 1,068,177 435,707.18