Amended SPH Notice – Investment Services Group Limited

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
Note: This notice is an amendment to the previously released notice issued on 19
th
April
2021.
This form must be completed in accordance with the instructions at the end of the form.
To ASX, NZX
and
To Tower Limited

Relevant event being disclosed:
Date of relevant event: 16/04/2021
Date this disclosure made: 19/04/2021
Date last disclosure made: 21/10/2020
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 this disclosure,—
(a) total number held in class: 27,379,134
(b) total in class: 421,647,258
(c) total percentage held in class: 6.49%
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 this disclosure,—
(a) total number held in class: 17,475,787


(b) total in class: 421,647,258

(c) total percentage held in class: 4.14%




For last disclosure,—
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%


DEVONUnits
CITI for private client839,212           
BNP for private client2,107,848        
BNP for private client3,770,913        
BNP for private client291,627           
MMC for private client1,602,748        
JPM for private client1,316,860        
Northern for private client5,364,730        
JPM for private client763,618           
Public Trust for private client964,562           
BNP for wholesale clients453,669           
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                        

Details for Clarity Funds Management Limited
Nature of relevant interest(s): Related party of Investment Services Group
Limited.
For this disclosure: -
(a) total number held in class:
9,903,347

(b) total in class: 421,647,258
(c) total percentage held in class: 2.35%

For last disclosure, —
(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 a derivative relevant interest, also—
(a) type of derivative: N/A
(b) details of derivative: N/A
(c) parties to the derivative: N/A
(d) if the substantial product holder is not a party to the derivative, the nature of the
relevant interest in the derivative: N/A

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
CLARITY
BNP for retails clients5,880,163        
BNP for retails clients3,699,913        
BNP for retails clients323,271           
CLARITY
BNP for retails clients6,626,186                    
BNP for retails clients4,015,768                    
BNP for retails clients426,118                        

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.