SPH Notice – Jarden Securities Ltd & Harbour Asset Mgmt Ltd

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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
New Zealand Rural Land Company Limited (NS)
(NZL)
Relevant event being disclosed:
Disclosure of movement of 1% or more in
substantial holding
Date of relevant event: 25 February 2021
Date this disclosure made: 2 March 2021
Date last disclosure made: 22 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 only
For this
disclosure -
(a) total number held in class:
3,412,173 (includes DIMS)
(b) total in class:
60,460,000
(c) total percentage held in class: 5.644%
For last
disclosure -
(a) total number held in class: 3,975,908 (includes DIMS)
(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 only
For this
disclosure -
(a) total number held in class:
2,101,590
(b) total in class:
60,460,000
(c) total percentage held in class: 3.476%
For last
disclosure -
(b) total 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:
5,515,763
(b) total in class:
60,460,000
(c) total percentage held in class: 9.120%
For last
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 transactions and events giving rise to relevant event:
The transactions giving rise to this relevant event are on-market purchases, on-market sales and transfers out of DIMS Service of the
respective related bodies corporate since the last relevant event on 21 December 2020, as detailed in the table below:
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 Share.
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
75,000 53,673
N/A
On-market purchases –
Gross Consideration
$94,500 $68,582
N/A
On-market sales –
Number of Shares
35,908 30,000
53,810
On-market sales –
Gross Consideration
$43,449 $36,000
$63,455
Transfers out of the
DIMS Service
N/A 626,500
N/A

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Details after relevant event:
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 Share.
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.
For that relevant event:


Number held in
class after the
relevant event:
110,000
3,302,173 2,101,590
Percentage
held in class
0.182% 5.462% 3.476%
Current
registered
holder of
financial
products:
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
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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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.