SPH Notice – Investment Services Group Limited
Disclosure of ceasing to have substantial holding
Section 276, Financial Markets Conduct Act 2013
Note: This form must be completed in accordance with the instructions at the end of the
form.
To ASX, NZX
and
To Tower Limited
Date this disclosure made: 19/04/2021
Date last disclosure made: 21/10/2020
Date on which substantial holding ceased: 16/04/2021
Substantial product holder(s) giving disclosure
Full name(s): Investment Services Group Limited (formerly Devon Funds Group
Limited)
Summary of substantial holding
Class of quoted voting products: Ordinary Shares
Summary for Investment Services Group Limited
For last disclosure, —
(a) total number held in class:
31,974,122
(b) total in class: 421,647,258
(c) total percentage held in class: 7.58%
Details of relevant interests
Devon Funds Management Limited and Clarity Funds Management Limited are subsidiaries
of Investment Services Group Limited.
Details for Devon Funds Management Limited
Nature of relevant interest(s): Related party of Investment Services Group
Limited
For that relevant interest, —
Summary for Devon Funds Management Limited
(a) total number held in class: 20,906,050
(b) total in class: 421,647,258
(c) total percentage held in class: 4.96%
Details for Clarity Funds Management Limited
Nature of relevant interest(s): Related party of Investment Services Group
Limited.
For that relevant interest, —
Summary for Clarity Funds Management Limited
(a) total number held in class:
11,068,072
(b) total in class: 421,647,258
(c) total percentage held in class: 2.62%
For current holding after ceasing to have substantial holding, -
Summary for Investment Services Group Limited
(a) total number held in class:
27,379,134
(b) total in class:
421,647,258
(c) total percentage held in class: 6.49%
CUSTODIANUNITS
CITI for private client1,068,205
BNP for private client2,709,912
BNP for private client4,088,534
Northern for private client351,924
BNP for private client2,133,147
MMC for private client1,593,346
JPM for private client6,171,846
JPM for private client975,262
Public Trust for private client1,250,697
BNP for wholesale clients563,177
CLARITY
BNP for retails clients6,626,186
BNP for retails clients4,015,768
BNP for retails clients426,118
Details of relevant interests
Details for Devon Funds Management Limited
Nature of relevant interest(s): Related party of Investment Services Group
Limited
For that relevant interest, —
Summary for Devon Funds Management Limited
(a) total number held in class: 17,475,787
(b) total in class: 421,647,258
(c) total percentage held in class: 4.14%
Details for Clarity Funds Management Limited
Nature of relevant interest(s): Related party of Investment Services Group
Limited.
For that relevant interest, —
Summary for Clarity Funds Management Limited
(a) total number held in class:
9,903,347
(b) total in class: 421,647,258
(c) total percentage held in class: 2.35%
CUSTODIANUnits
CITI for private client839,212.00
BNP for private client2,107,848.00
BNP for private client3,770,913.00
BNP for private client291,627.00
MMC for private client1,602,748.00
JPM for private client1,316,860.00
Northern for private client5,364,730.00
JPM for private client763,618.00
Public Trust for private client964,562.00
BNP for wholesale clients453,669.00
Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure: Transactions between
19/12/2020 to 19/04/2021
Transaction Type Volume
Consideration
Paid
Consideration
Received
Sales 7,808,238.00
$5,941,968.51
Purchases 33,250.00
$24,150.50
Additional information
Address(es) of substantial product holder(s): Investment Services Group Limited,
Level 10, 2 Commerce Street, Auckland 1010
Contact details: Suki Chow | P: 09 925 3989 | E: schow@devonfunds.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: Devon Funds Management Limited
Certification
I, Suki Chow, 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.
CLARITY
BNP for retails clients5,880,163.00
BNP for retails clients3,699,913.00
BNP for retails clients323,271.00
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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