SPH Notice – Jarden Securities Ltd & Harbour Asset Mgmt Ltd

041898866/4161889.1
Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013

To NZX Limited
and
To Argosy Property Limited (ARG)
Date this disclosure made: 12 August 2021
Date on which substantial
holding began:
11 August 2021

Substantial product holder(s) giving disclosure
Full name(s):
Jarden Securities Limited, Jarden Scientific Trading
Limited and Harbour Asset Management Limited.


Summary of substantial holding for:
Jarden Securities Limited only:
Class of quoted voting products:
Ordinary Shares
Summary for:
Jarden Securities Limited (includes DIMS service)
For this
disclosure -
(a) total number held
in class:
33,741,052
(b) total in class: 842,569,498
(c) total percentage
held in class:
4.004%

041898866/4161889.1
Summary of substantial holding for:
Related Body Corporate - Harbour Asset Management Limited only:
Class of quoted voting products:
Ordinary Shares
Summary for: Harbour Asset Management Limited
For this
disclosure -
(a) total number held
in class:
7,436,365
(b) total in class: 842,569,498
(c) total percentage
held in class:
0.883%


Summary of substantial holding for:
Related Body Corporate – Jarden Scientific only:
Class of quoted voting products:
Ordinary Shares
Summary for: Jarden Scientific Trading Limited
For this
disclosure -
(a) total number held
in class:
1,100,000
(b) total in class: 842,569,498
(c) total percentage
held in class:
0.131%


Summary of substantial holdings:
Including All Related Bodies Corporate:
Class of quoted voting products:
Ordinary Shares
Summary for:
Jarden Securities Limited, Jarden Scientific
Trading Limited and Harbour Asset
Management Limited.
For this
disclosure -
(a) total number held
in class:
42,277,417
(b) total in class: 842,569,498
(c) total percentage
held in class:
5.018%

041898866/4161889.1
Details of Relevant Interests:
Details for: Jarden Securities Limited (DIMS) Jarden Securities Limited Harbour Asset Management Limited Jarden Scientific Trading
Limited
Nature of relevant
interest(s):
Jarden Securities Limited has, as
provider of discretionary
investment management services
(DIMS) under various investment
management agreements with
clients (the beneficial owners of
the product), the power to
exercise (or control the exercise
of) a right to vote attached to,
and power to acquire or dispose of
(or control the acquisition or
disposal of), the Ordinary Shares.
As beneficial owner, through
normal on-market trading
activity, with the power to
exercise (or control the
exercise of) a right to vote
attached to, and power to
acquire or dispose of (or
control the acquisition or
disposal of), the Ordinary
Shares.
Harbour Asset Management Limited
has, as fund manager, the power to
exercise (or control the exercise of)
a right to vote attached to, and
power to acquire or dispose of (or
control the acquisition or disposal
of), the Ordinary Shares, under
investment powers contained in
investment management
agreements with clients (the
beneficial owners of the product) or
managed fund trust deeds.
Jarden Scientific Trading
Limited is both registered holder
and beneficial owner of
derivatives and is treated as
having a relevant interest in the
underlying quoted product
under an equity swap
agreement that Jarden Scientific
Trading Limited has in place
with a Prime Broker.
Number held in class: 33,634,205 106,847 7,436,365 1,100,000
Percentage held in
class:
3.991% 0.013% 0.883% 0.131%
Current registered
holder of financial
products:
FNZ Custodians Limited (as sub-
custodian of Jarden Custodial
Services Limited) and unknown
Jarden Securities Limited
and unknown
Various nominees or custodians for
and on behalf of Harbour Asset
Management Limited and unknown
Unknown
Registered holder of
financial products once
transfer is registered:
FNZ Custodians Limited (as sub-
custodian of Jarden Custodial
Services Limited)
Jarden Securities Limited
and unknown
Various nominees or custodians for
and on behalf of Harbour Asset
Management Limited
Unknown
Type of derivative: N/A N/A N/A Equity Swap

041898866/4161889.1
Details of derivative: N/A N/A N/A Notional number of underlying
physical product: 1,100,000
Shares
Settlement: cash-settled
Maturity date of the derivative:
No maturity date, open ended
until unwind
Expiry date of the derivative:
No expiry date, open ended
until unwind
Price specified in the terms of
the derivative: Set at execution
price of underlying physical
product
Parties to the
derivative:
N/A N/A N/A Jarden Scientific Trading
Limited and a Prime Broker
under an ISDA Master
Agreement.
If the substantial
product holder is not a
party to the derivative,
the nature of the
relevant interest in the
derivative:
N/A N/A N/A
N/A

041898866/4161889.1
Details of Transactions and Events Giving Rise to Relevant Event:
The events giving rise to this disclosure obligation are on-market purchases, on-market sales, an underlying physical position related to an
equities swap agreement and net in-specie transfers in re basket creations/redemptions of Ordinary Shares by the respective related bodies
corporate since the last relevant event on 4 August 2021, as detailed in the table below:
Details for: Jarden Securities Limited
(DIMS Service)
Jarden Securities Limited Harbour Asset Management
Limited
Jarden Scientific Trading
Limited
On-market purchases – number of
shares
208,892 537,218 81,278 n/a
On-market purchases – Gross
Consideration
$336,462 $879,128 $131,647 n/a
On-market sales – number of shares
52,858 1,914,569 n/a n/a
On-market sales – Gross Consideration
$84,447 $3,111,920 n/a n/a
Exposure taken on 6/8/21 to
underlying physical Shares related to
an equities swap agreement
n/a n/a n/a 1,100,000
Net in-specie transfers in, re basket
creations/redemptions
n/a 354,198 n/a n/a

041898866/4161889.1

Additional information

Address(es) of substantial
product holder(s):
Level 14, 171 Featherston Street, Wellington
Contact details:
Shane Willett
+ 64 4 496 5334
shane.willett@jarden.co.nz
Nature of connection between
substantial product holders:
Jarden Securities Limited, Harbour Asset Management
Limited and Jarden Scientific Trading Limited 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: none.
Certification
I, Shane Willett, 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.