SPH Notice – Wellington Management Group LLP

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
and
To The New Zealand Refining Company Limited
Relevant event being disclosed: Disposal of shares resulting in the position decreasing by 1%
Date of relevant event: 09 December 2020
Date this disclosure made: 10 December 2020
Date last disclosure made: 06 November 2019
Substantial product holder(s) giving disclosure
Full name(s): Wellington Management Group LLP
Summary of substantial holding
Class of quoted voting products: Ordinary Shares (NZR)
Summary for Wellington Management Group LLP
For this disclosure,--
(a) total number held in class: 26,101,547
(b) total in class: 312,893,643
(c) total percentage held in class: 8.34%
For last disclosure,--
(a) total number held in class: 29,220,118
(b) total in class: 312,576,453
(c) total percentage held in class: 9.34%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure: Between 6
th
November 2019 and 9
th
December 2020,
3,354,150 Ordinary Shares were purchased on market at an average price of NZ$ 1.56.

Between 6
th
November 2019 and 9
th
December 2020, 5,820,281 Ordinary Shares were sold on market at an average
price of NZ$ 0.75.

Details after relevant event

Details for [name of substantial product holder(s)]
Nature of relevant interest(s): [eg, registered holder and beneficial owner of financial products, conditional put option
with X Limited, derivative relevant interest over quoted underlying. State whether a relevant agreement document is
attached (with the number of pages) or was attached to a previous disclosure (with date of that disclosure) or need not
be attached under regulation 139.]
For that relevant interest,—
(a) number held in class: [number]
(b) percentage held in class: [%]
(c) current registered holder(s): [name(s), or state “unknown” or that no change since last disclosure]
(d) registered holder(s) once transfers are registered: [name(s), or state “unknown”]
For a derivative relevant interest, also—
(a) type of derivative:
(b) details of derivative:
(c) parties to the derivative:
(d)
if the substantial product holder is not a party to the derivative, the nature of the relevant interest in the
derivative:
Additional information
Address(es) of substantial product holder(s): 280 Congress Street, Boston, MA 02210 USA
Contact details: Shaheen Hussain, Phone: +44 207 126 6099, Email: beneficialownership@wellington.com
* Nature of connection between substantial product holders: Wellington Management Group LLP, an investment
advisor, holds these shares in several accounts on behalf of the beneficial owners
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: N/A
Certification
I, Shaheen Hussain, 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.