SPH Notice – Forsyth Barr Investment Management Limited

1

Disclosure of movement of 1% or more in substantial holding or change in nature of relevant
interest, or both
Section 277 and 278, Financial Markets Conduct Act 2013
To: NZX Limited
and
To: Precinct Properties New Zealand Limited
Relevant event being disclosed:
Movement of 1% or more in substantial
holding
Date of relevant event: 19 March 2021
Date of this disclosure: 22 March 2021
Date last disclosure made: 29 October 2020
Substantial product holder(s) giving
disclosure:

Full name(s): Forsyth Barr Investment Management Limited
Summary of substantial holding
Class of quoted voting products: PCT 27/09/2021 4.80% Convertible Notes
(PCTHA)
Summary for Forsyth Barr Investment Management Limited
For this disclosure,—
(a) total number held in class: 9,796,334
(b) total in class: 150,000,000
(c) total percentage held in class:

6.531%
For last disclosure,—
(a) total number held in class: 11,333,229
(b) total in class: 150,000,000
(c) total percentage held in class:

7.555%

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Details of transactions and events giving rise to relevant event
Date of
event
Nature of
event
Consideration Number of
financial
products
Current
registered
holder(s)
Registered
holder(s) once
transfers are
registered
29 October
2020 – 19
March
2021
On-market
sales
2,690,411 2,329,170
Forsyth Barr
Custodians
Limited
(“FBCL”)
Unknown
On-market
purchases
694,174 610,000 Unknown
FBCL
Off-market
transfers
out of DIMS
Nil 292,250
FBCL Unknown
Off-market
transfers
into DIMS
Nil 474,525 Unknown
FBCL

Details after relevant event
Details for Forsyth Barr Investment Management Limited
Nature of relevant interest(s):

The relevant interest arises under various
investment management agreements to which
Forsyth Barr Investment Management Limited
is a party in its capacity as a provider of
discretionary investment management
services (DIMS). The relevant interest arises
only from the powers of investment contained
in those agreements, including the power to
control the exercise of the right to vote
attached to the shares and to control the
disposal of the shares. A relevant agreement
document need not be attached under
regulations 139 and 142.
For that relevant interest,—
(a) number held in class: 9,796,334
(b) percentage held in class: 6.531%
(c) current registered holder(s): See above
(d) registered holder(s) once transfers are
registered:
See above
For a derivative relevant interest, also—
(a) type of derivative: Not applicable
(b) details of derivative: Not applicable
(c) parties to the derivative: Not applicable
(d) if the substantial product holder is not a
party to the derivative, the nature of the
relevant interest in the derivative:
Not applicable

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Additional Information

Address(es) of substantial product holder(s): Forsyth Barr House, The Octagon, Dunedin
Contact details: Sylvia Shi
T: +64 9 368 0033
E: compliance@forsythbarr.co.nz
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:
Not applicable

Certification
I, Sylvia Shi, 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.