SPH Notice – Haumi, Platinum, HDAL and ADIA
1
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
2
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
3
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.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- PEB — Pacific Edge Limited: SPH Notice – Harbour Asset Mgmt Ltd & Jarden Securities Ltd2021-07-14
“041898866/4160982.2 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 Pacific Edge Limited (“PEB”) Relevant event being disclosed:…”
- SDL — Solution Dynamics Limited: SPH Notice – The Aspiring Fund2021-08-02
“1 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 and To Solution Dynamics Limited Relevant event being disclosed: Movement of 1% or more in subs…”
- IPL — Investore Property Limited: SPH Notice – ANZ New Zealand Investments Limited2021-08-25
“To and To Full name(s): For this disclosure,— 33,726,555 368,135,033 9.161% 29,952,148 368,135,033 8.136% 33,622,831 368,135,033 9.133% 29,863,276 368,135,033 8.112% 103,724 368,135,033 0.028% 88,872…”