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SPH Notice – Haumi, Platinum, HDAL and ADIA

Substantial Holder Notice24 June 2021PCTReal Estate

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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 Precinct Properties New Zealand Limited (Precinct)

Relevant event being disclosed: movement of 1% or more in substantial holding

Date of relevant event: 24 June 2021

Date this disclosure made: 24 June 2021

Date last disclosure made: 31 March 2021

Substantial product holder(s) giving disclosure

Full name(s): Haumi Company Limited (acting in its capacity as the general partner of

Haumi (NZ) Limited Partnership) (Haumi), Platinum Oasis A 2018 RSC Limited

(Platinum), Abu Dhabi Investment Authority (ADIA) and Haumi Development Auckland

Limited (acting in its capacity as the general partner of Haumi Development Limited

Partnership) (HDAL) and each of their respective related bodies corporate (as defined in

the Financial Markets Conduct Act 2013).

Summary of substantial holding

Class of quoted voting products: Ordinary Shares

Summary for Haumi, Platinum, HDAL and ADIA

For this disclosure,—

(a) total number held in class: 237,889,419

(b) total in class: 1,458,500,891

(c) total percentage held in class: 16.311%

For last disclosure,—

(a) total number held in class: 230,060,190

(b) total in class: 1,313,764,049

(c) total percentage held in class: 17.512%

Details of transactions and events giving rise to relevant event

Details of the transactions or other events requiring disclosure:

Precinct Capital Raising

Precinct is undertaking an offer of new ordinary shares in Precinct by way of an

underwritten placement to selected investors to raise approximately $220 million and a


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non-underwritten retail share offer to Precinct’s existing New Zealand shareholders to raise

up to $30 million (with the ability to accept oversubscriptions at its discretion). Settlement

and allotment of the new shares under the placement occurred on 24 June 2021 (shares

have not yet been allotted under the retail share offer). Haumi is subscribing for

10,526,316 shares at NZ$1.52 per share under the placement.

Disposal of employee incentive plan shares

As disclosed in Haumi’s substantial product holder notice dated 31 March 2021, 2,697,087

Precinct shares (being 0.205% of Precinct’s total shares at that time) were held by AMP

Haumi LTI Trustee Limited (Trustee) as part of an employee incentive plan. HDAL is the

legal and beneficial owner of 50% of the shares in AMP Haumi Management Limited

(AHML), being the sole shareholder of the Trustee. As also noted in Haumi’s substantial

product holder notice dated 31 March 2021, certain management arrangements have been

terminated. In connection with that process, the Precinct shares held by the Trustee have

been transferred to plan participants or have otherwise disposed of in accordance with the

rules of the incentive plan between 31 March 2021 and 17 May 2021. As such Haumi and

its related bodies corporate’s relevant interest in those shares has ceased.

Details after relevant event

Details for Haumi

Nature of relevant interest(s): Beneficial owner

For that relevant interest,—

(a) number held in class: 237,889,419

(b) percentage held in class: 16.311%

(c) current registered holder(s): no change

(d) registered holder(s) once transfers are registered: no change

Details for ADIA, Platinum and HDAL

Nature of relevant interest(s): Related bodies corporate of Haumi

For that relevant interest,—

(a) number held in class: 237,889,419

(b) percentage held in class: 16.311%

(c) current registered holder(s): no change

(d) registered holder(s) once transfers are registered: no change

Additional information

Address(es) of substantial product holder(s):

Haumi: C/- TMF Group, Level 11, 41 Shortland Street, Auckland 1010, New Zealand


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Platinum, ADIA and HDAL: C/- MinterEllisonRuddWatts, Level 22 PwC Tower, 15 Customs

Street West, Auckland 1010.

Contact details: Mark Forman

(09) 353 9944

Mark.Forman@minterellison.co.nz


Nature of connection between substantial product holders: Haumi, Platinum, ADIA and

HDAL 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: N/A

Certification

I, Khadem Mohamed Matar Mohamed AlRemeithi, 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.

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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