Ngai Tahu Investments Limited Share Purchasing

1 September 2021
NZX Continuous Disclosure

Sanford has been informed by Ngāi Tahu Investments Limited that, via its broker Craigs
Investment Partners, it is looking to purchase shares in Sanford at a price $5.50
(representing a premium of 23.6% to the closing price on 31 August 2021), such that it (and
its associates) will hold a significant minority shareholding. We are informed that Ngāi Tahu
Investments Limited has no current intention to make a takeover offer for Sanford based on
current circumstances.



For further information, please contact:
Fiona MacMillan
GM Corporate Communications
+64 (0)21 513 522
fmacmillan@sanford.co.nz