SPH Notice – Ngai Tahu Holdings Corporation Limited

28372671_Disclosure of movement of 1% - Ngai Tahu Holdings 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

To NZX Limited
and
To Sanford Limited (NZX:SAN)
Relevant event being disclosed: Movement of 1% or more in substantial holding
Date of relevant event: 1 September 2021
Date this disclosure made: 1 September 2021
Date last disclosure made: 1 September 2021
Substantial product holder(s) giving disclosure
Full name(s): (1) Ngāi Tahu Holdings Corporation Limited (2) Ngāi Tahu Investments Limited
Summary of substantial holding
Class of quoted voting Products: ordinary shares in Sanford Limited (Shares) (NZX: SAN)

(1) Summary for Ngāi Tahu Holdings Corporation Limited
For this disclosure,—
(a) total number held in class: 18,607,721
(b) total in class: 93,506,137
(c) total percentage held in class: 19.900%
For last disclosure,—
(a) total number held in class: 11,747,237
(b) total in class: 93,506,137
(c) total percentage held in class: 12.563%

(2) Summary for Ngāi Tahu Investments Limited
For this disclosure,—
(a) total number held in class: 18,557,721
(b) total in class: 93,506,137
(c) total percentage held in class: 19.847%
For last disclosure,—
(a) total number held in class: 11,697,237
(b) total in class: 93,506,137
(c) total percentage held in class: 12.510%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure: Increase of 1% or more in
substantial holding of Shares for both Ngāi Tahu Holdings Corporation Limited and Ngāi Tahu

28372671_Disclosure of movement of 1% - Ngai Tahu Holdings Limited
Investments Limited since the last substantial product holder notice. The substantial product
holders have increased the number of Shares held as a result of a number of on-market
transactions by Ngāi Tahu Investments Limited of 6,860,484 shares on 1 September 2021 for
aggregate consideration of $37,507,105.87
Details after relevant event
(1) Details for Ngāi Tahu Holdings Corporation Limited
Nature of relevant interest(s): 100% ultimate owner of Ngāi Tahu Investments Limited which is
a legal and beneficial owner of Shares (see details of relevant interest (2) below), and indirect
43.5% owner of Whale Watch Holdings Limited which is a legal and beneficial owner of
50,000 Shares. No relevant agreement is required to be attached under regulation 139 of the
Financial Markets Conduct Regulations 2014.
For that relevant interest,—
(a) number held in class: 18,607,721
(b) percentage held in class: 19.900%
(c) current registered holder(s): N/A
(d) registered holder(s) once transfers registered: N/A
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

(2) Details for Ngāi Tahu Investments Limited
Nature of relevant interest(s):. Legal and beneficial owner of financial products. No relevant
agreement is required to be attached under regulation 139 of the Financial Markets Conduct
Regulations 2014.
For that relevant interest,—
(a) number held in class: 18,557,721
(b) percentage held in class: 19.847%
(c) current registered holder(s): Unknown
(d) registered holder(s) once transfers registered: Ngāi Tahu Investments Limited
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
Additional information
Address(es) of substantial product holder(s): 15 Show Place, Addington, Christchurch 8024,
New Zealand

28372671_Disclosure of movement of 1% - Ngai Tahu Holdings Limited
Contact details: 027 3209 499 sam.inglis@ngaitahu.iwi.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 product to which
this disclosure relates: N/A
Certification
I, Sam Inglis, 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.