SPH Notice – Harbour Asset Mgmt Ltd & Jarden Securities Ltd

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

To NZX Limited
and
To New Zealand Rural Land Company Limited (NZL)
Date this disclosure made: 24 September 2021
Date on which substantial
holding began:
23 September 2021

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



Summary of substantial holding for:
Harbour Asset Management Limited only:
Class of quoted voting products:
Ordinary shares (Shares)
Summary for: Harbour Asset Management Limited
For this
disclosure -
(a) total number held
in class:
4,108,601
(b) total in class: 96,900,000
(c) total percentage
held in class:
4.240%

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Summary of substantial holding for:
Jarden Securities Limited only:
Class of quoted voting products:
Ordinary shares (Shares)
Summary for: Jarden Securities Limited
For this
disclosure -
(a) total number held
in class:
2,823,279
(b) total in class: 96,900,000
(c) total percentage
held in class:
2.914%


Summary of substantial holdings:
Including All Related Bodies Corporate:

Class of quoted voting products:
Ordinary shares (Shares)
Summary for:
Harbour Asset Management Limited and
Jarden Securities Limited.
For this
disclosure -
(a) total number held
in class:
6,931,880
(b) total in class: 96,900,000
(c) total percentage
held in class:
7.154%

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Details of Relevant Interests:
Details for: Harbour Asset Management Limited Jarden Securities Limited Jarden Securities Limited (DIMS
Service)
Nature of relevant
interest(s):
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 Shares, under investment
powers contained in investment
management agreements with
clients (the beneficial owners of the
product) or managed fund trust
deeds.
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.
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 Shares.
Number held in class: 4,108,601 336,507 2,486,772
Percentage held in
class:
4.240% 0.347% 2.566%
Current registered
holder of financial
products:
Various nominees or custodians for
and on behalf of Harbour Asset
Management Limited and newly
allotted shares
Jarden Securities Limited, unknown
and newly allotted shares
FNZ Custodians Limited (as sub-
custodian of Jarden Custodial
Services Limited), unknown and
newly allotted shares
Registered holder of
financial products once
transfer is registered:
Various nominees or custodians for
and on behalf of Harbour Asset
Management Limited
Jarden Securities Limited and
unknown
FNZ Custodians Limited (as sub-
custodian of Jarden Custodial
Services Limited) and unknown

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Details of Transactions and Events Giving Rise to Relevant Event:
The transactions giving rise to this disclosure obligation are on-market purchases, on-market sales, off-market transfers from DIMS Service
and allotment of newly issued Ordinary Shares, by the respective related bodies corporate, since the last relevant event on 16 August
2021, as detailed in the table below:
Details for: Harbour Asset Management
Limited
Jarden Securities Limited Jarden Securities Limited
(DIMS Service)
On-market purchases –
number of shares
190,300 Nil 40,000
On-market purchases –
Gross Consideration
$209,330 Nil $44,200
On-market sales –
number of shares
N/A 30,482 562,138
On-market sales –
Gross Consideration
N/A $32,687 $621,278
Net transfers from DIMS Service
N/A N/A 126,000
Share Placement on 23 Sep 2021 at
$1.10 – number of shares
2,645,000 196,507 642,000
Share Placement on 23 Sep 2021 at
$1.10 – Gross Consideration
$2,909,500 $216,158 $706,200

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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:
Harbour Asset Management Limited and Jarden
Securities 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.