D&O Ongoing Disclosure Notice – J Nicholls

ONGOING DISCLOSURE NOTICE
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2) Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Fonterra Co-operative Group Limited
Date this disclosure made:
3 December 2020
Date of last disclosure:
30 March 2020
A
Director or senior manager giving disclosure
Full name(s):
John Richard Nicholls
Name of listed issuer:
Fonterra Co-operative Group Limited
Name of related body corporate (if applicable):
Position held in listed issuer:
Director
Summary of acquisition or disposal of relevant interest (excluding specified
derivatives
Class of affected quoted financial products:
Shares in Fonterra Co-operative Group Limited
Nature of the affected relevant interest(s):
Shareholder in D&D Dairies Limited (as a Trustee of
G&K Duckett Trust)
For that relevant interest:
Number held in class before acquisition or disposal: 134,864
Number held in class after acquisition or disposal:
137,164
Current registered holder(s):
Registered holder(s) once transfers are registered:
D&D Dairies Limited
Summary of acquisition or disposal of specified derivatives relevant interest (if
applicable)
Type of affected derivative:
Class of underlying financial products:
Details of affected derivative-
The notional value of the derivative (if any) or the
notional amount of underlying financial products (if
any):
A statement as to whether the derivative is cash settled
or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative (if any):
The price specified in the terms of the derivative (if
any):
Any other details
needed to understand how the
amount of the
consideration payable under the
derivative or the value of the derivative is affected by
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the value of the underlying financial products:
For that derivative, -
Parties to the derivative:
If the director or senior manager is not a party to the
derivative, the nature of the relevant interest in the
derivative:
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
1
Details of transactions requiring disclosure-
Date of transaction:
10 November 2020
Nature of transaction:
On market share purchase
Name of any other party or parties to the transaction (if
known):
-
The consideration, expressed in New Zealand dollars,
paid or received for the acquisition or disposal. If the
consideration was not in cash and cannot be readily by
converted into a cash
value, describe the
consideration:
$4.40 per share
Number of financial products to which the transaction
related:
2,300
If the issuer has a financial products trading policy that
prohibits directors or senior managers from trading
during any period without written clearance (a closed
period) include the following details—
Whether relevant interests were acquired or disposed
of during a closed period:
No
Whether prior written clearance was provided to allow
the acquisition or disposal to proceed during the closed
period:
-
Date of the prior written clearance (if any): -
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:
Ordinary Shares in Fonterra Co-operative Group
Limited
Nature of relevant interest: Director and Shareholder
For that relevant interest,-
Number held in class: 336,000
262,000
466,000
395,000
374,000
223,000
Current registered holder(s): Fairmont Farm Limited
Delarbe Farm Limited
Ma Taua Dairies Limited
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Mahanga Dairies Limited
Kairoa Dairies Limited
Akitu Dairies Limited
For a derivative relevant interest,-
Type of derivative:
Details of derivative,-
The notional value of the derivative (if any) or the
notional amount of underlying financial products (if
any):
A statement as to whether the derivative is cash settled
or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative (if any):
The price's specified terms (if any):
Any other details needed to understand how the
amount of the consideration payable under the
derivative or the value of the derivative is affected by
the value of the underlying financial products:
For that derivative relevant interest, -
Parties to the derivative:
If the director or senior manager is not a party to the
derivative, the nature of the relevant interest in the
derivative:
Certification
I 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.
Signature of director or officer:
John Riclat.. Nicholls
Date of signature:
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or
Signature of person authorised to sign on behalf of
director or officer:
Date of signature:
Name and title of authorised person:
Notes
Use this form to disclose all the acquisitions and disposals by a director or senior manager of a
listed issuer, or of a related body corporate, or in specified derivatives. The disclosure must be
made within—
(a) 20 working days after the first acquisition or disposal disclosed in this notice if the
acquisitions or disposals are of a kind referred to in section 297(2)(a) of the Financial
Markets Conduct Act 2013; or
(b) in any other case, 5 trading days after the first acquisition or disposal disclosed in this
notice.
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