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 Sanford Limited (SAN)
Relevant event being disclosed:
Disclosure of movement of 1% or more in
substantial holding
Date of relevant event: 6 October 2020
Date this disclosure made: 7 October 2020
Date last disclosure made: 26 June 2020

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


Summary of substantial holding

Jarden Securities Limited
Class of quoted voting products:
Ordinary shares (Shares)
Summary for: Jarden Securities Limited only
For this
disclosure -
(a) total number held in
class:
885,445

(b) total in class:
93,506,137
(c) total percentage held
in class:
0.947%
For last
disclosure -
(a) total number held in
class:
1,163,606

(b) total in class: 93,506,137
(c) total percentage held
in class:
1.244%

041898866/4160982.2
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:
5,626,594
(b) total in class:
93,506,137
(c) total percentage held
in class:
6.017%
For last
disclosure -
(a) total number held in
class:
6,365,084
(b) total in class: 93,506,137
(c) total percentage held
in class:
6.807%


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:
6,512,039
(b) total in class:
93,506,137
(c) total percentage held
in class:
6.964%
For last
disclosure -
(a) total number held in
class:
7,528,690
(b) total in class: 93,506,137
(c) total percentage held
in class:
8.051%

041898866/4160982.2
Details of transactions and events giving rise to relevant event:
The transactions/events giving rise to this disclosure obligation are on-market buy trades, on-market sell trades and transfers into the DIMS
service by Jarden Securities Limited as well as on-market buy trades and on-market sell trades by Harbour Asset Management Limited, since
the previous relevant event date on 25 June 2020. These are summarised in the table below:
Details for: Harbour Asset Management Limited Jarden Securities Limited Jarden Securities Limited (DIMS)
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 and in
relation to stock borrow in
place.
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.
On-market purchases –
number of shares
415,766 453,704 132,134
On-market purchases –
Gross Consideration
$2,584,377 $2,601,762 $803,876
On-market sales –
number of shares
1,154,256 356,564 613,033
On-market sales –
Gross Consideration
$6,849,003 $2,095,014 $3,469,180
Transfers into DIMS
Service
N/A N/A 5,598


Borrow in place on
relevant event date
N/A 100,000 N/A

041898866/4160982.2

Details after relevant event:
Details for:
Harbour Asset Management Limited Jarden Securities Limited Jarden Securities Limited (DIMS)
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 and in
relation to stock borrow in place.
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 Shares.
For that relevant interest:

Number held in class
after the relevant
event:
5,626,594 197,140
(includes 100,000 of borrowed
stock)
688,305
Percentage held in
class
6.017% 0.211% 0.736%
Current registered
holder of financial
products:
Various nominees or custodians for
and on behalf of Harbour Asset
Management Limited
Jarden Securities Limited and
unknown, and Smartshares
Limited for the borrow in place at
6 Oct 2020.
FNZ Custodians Limited (as sub-
custodian of Jarden Custodial
Services Limited)
Registered holder of
financial products once
transfer is registered:
Various nominees or custodians for
and on behalf of Harbour Asset
Management Limited
Jarden Securities Limited and
unknown, and Smartshares
Limited for the borrow in place at
6 Oct 2020.
FNZ Custodians Limited (as sub-
custodian of Jarden Custodial
Services Limited) and unknown

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 and Jarden
Securities 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.