SPH Notice – Jarden Securities Ltd & Harbour Asset Mgmt Ltd

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Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013

To NZX Limited
and
To New Zealand Rural Land Company Limited (NS) (NZL)
Date this disclosure made: 22 December 2020
Date on which substantial
holding began:
21 December 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 (include DIMS holdings)

For this
disclosure -
(a) total
number held
in class:

3,975,908
(b) total in
class:
60,460,000
(c) total
percentage
held in class:
6.576%

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Summary of substantial holding

Harbour Asset Management Limited:
Class of quoted voting
products:
Ordinary shares (Shares)
Summary for: Harbour Asset Management Limited

For this
disclosure -
(a) total
number held
in class:

2,155,400
(b) total in
class:
60,460,000
(c) total
percentage
held in class:
3.565%


Summary of substantial holdings

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:

6,131,308
(b) total in
class:
60,460,000
(c) total
percentage
held in class:
10.141%

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Details of Relevant Interests:
Details for: Jarden Securities Limited Jarden Securities Limited (DIMS) Harbour Asset Management Limited
Nature of relevant
interest(s):
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.
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.
Harbour Asset Management Limited
has, 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.
Number held in
class:
70,908 3,905,000 2,155,400
Percentage held in
class:
0.117% 6.459% 3.565%
Current registered
holder of financial
products:
N/A N/A N/A
Registered holder of
financial products
once transfer is
registered:
Jarden Securities Limited
FNZ Custodians Limited (as sub-
custodian of Jarden Custodial Services
Limited)
Various nominees or custodians for and
on behalf of Harbour Asset Management
Limited

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Details of Transactions and Events Giving Rise to Relevant Event:
Allotment of ordinary shares in the initial public offering (IPO) of NZL, and on-market sales of ordinary shares in NZL as detailed in the
table below:

Details for: Jarden Securities Limited
Jarden Securities Limited
(DIMS)
Harbour Asset Management
Limited
On-market sales – number of shares
100,000 N/A N/A
On-market sales – gross consideration
$125,000 N/A N/A
Newly allotted shares issued in NZL’s IPO -
Quantity
170,908 3,905,000 2,155,400
Allotment @ $1.25 – gross consideration
$213,635 $4,881,250 $2,694,250

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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:
Jarden Securities Limited and Harbour Asset
Management 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.