SPH Notice – Jarden Securities Limited and others

100080615/3821107.1 1
Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013

To NZX Limited
and
To Precinct Properties New Zealand Limited (PCT)
Date this disclosure made: 21 January 2021
Date last disclosure made: 19 August 2020
Date on which substantial
holding ceased:
19 January 2021

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
(includes Jarden Securities Limited DIMS
services holdings)
For last disclosure (a) total number held in class: 29,266,531
(b) total in class: 1,313,764,049
(c) total percentage held in
class:
2.228%
For current holding
after ceasing to
have a substantial
holding
(a) total number held in class: 38,463,909
(b) total in class: 1,313,764,049
(c) total percentage held in
class:
2.928%

100080615/3821107.1 2
Summary of substantial holding

Harbour Asset Management Limited:
Class of quoted voting products:
Ordinary Shares
(Shares)
Summary for: Habour Asset Management Limited
For last disclosure (a) total number held in class: 37,991,792
(b) total in class: 1,313,764,049
(c) total percentage held in
class:
2.892%
For current holding
after ceasing to have
a substantial holding
(a) total number held in class: 26,949,713
(b) total in class: 1,313,764,049
(c) total percentage held in
class:
2.051%

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 last disclosure (a) total number held in class: 67,258,323
(b) total in class: 1,313,764,049
(c) total percentage held in
class:
5.120%
For current holding
after ceasing to have
a substantial holding
(a) total number held in class: 65,413,622
(b) total in class: 1,313,764,049
(c) total percentage held in
class:
4.979%

100080615/3821107.1 3
Details of transactions and events giving rise to ceasing of substantial holding:
The transactions giving rise to this disclosure obligation are a result of on-market purchases and sales, transfers into DIMS Service and stock
borrowing since the last relevant event on 18 August 2020, by the related bodies corporate, as summarised in the table below:
Details for: Jarden Securities Limited (DIMS) Jarden Securities Limited
Harbour Asset Management
Limited
Nature of relevant
interest(s):
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
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 as borrower of
the Shares for the relevant quantity
shown below.
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.

On-market purchases –
number of shares
3,181,659 12,748,636 779,479
On-market purchases –
Gross Consideration
$5,474,833 $21,703,361 $1,357,899
On-market sales –
number of shares
1,056,219 12,748,636 11,821,558
On-market sales –
Gross Consideration
$1,815,761 $21,709,254 $20,449,052
Transfers into DIMS
Service
1,201,938 N/A N/A
Borrowed stock
N/A 5,870,000 N/A

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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:
N/A

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.