SPH Notice – Jarden Securities & Harbour Asset Mgmt

100080615/3821107.1 1
Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013

To NZX Limited
and
To Precinct Properties New Zealand Limited (PCT)
Date this disclosure made: 14 October 2021
Date last disclosure made: 25 June 2021
Date on which substantial
holding ceased:
12 October 2021

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

Summary of substantial holding

Jarden Securities Limited:

Class of quoted voting products:
Ordinary Shares
(Shares)
Summary for: Jarden Securities Limited

For last disclosure (a) total number held in class: 41,015,114
(b) total in class: 1,458,500,891
(c) total percentage held in
class:
2.812%
For current holding
after ceasing to
have a substantial
holding
(a) total number held in class: 40,215,711
(b) total in class: 1,585,380,122
(c) total percentage held in
class:
2.537%

100080615/3821107.1 2
Summary of substantial holding

Harbour Asset Management Limited:
Class of quoted voting products:
Ordinary Shares
(Shares)
Summary for: Habour Asset Management Limited
For last disclosure (a) total number held in class: 34,274,891
(b) total in class: 1,458,500,891
(c) total percentage held in
class:
2.350%
For current holding
after ceasing to have
a substantial holding
(a) total number held in class: 38,344,939
(b) total in class: 1,585,380,122
(c) total percentage held in
class:
2.418%

Summary of substantial holdings

Including All Related Bodies Corporate:
Class of quoted voting products:
Ordinary Shares
(Shares)
Summary for:
Jarden Securities Limited and
Harbour Asset Management Limited
For last disclosure (a) total number held in class: 75,290,005
(b) total in class: 1,458,500,891
(c) total percentage held in
class:
5.162%
For current holding
after ceasing to have
a substantial holding
(a) total number held in class: 78,560,650

(b) total in class: 1,585,380,122
(c) total percentage held in
class:
4.955%

100080615/3821107.1 3
Details of transactions and events giving rise to ceasing of substantial holding:
The transactions giving rise to this disclosure obligation are a result of on-market purchases and sales, transfers into DIMS service, return of
borrowing, in specie transfer to another Fund Manager, in specie transfer in re net basket redemptions/creations, allotment of new Ordinary
Shares and conversion of PCTHA Subordinated Convertible Notes into Ordinary Shares by the related bodies corporate, since the last relevant
event on 24 June 2021, as summarised in the table below:
Details for:
Jarden Securities Limited
(DIMS)
Jarden Securities Limited
Harbour Asset Management
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 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 Shares, and as borrower
of the Shares for the relevant quantity
shown below.
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.
On-market purchases – number
of shares
2,699,625 9,973,902 9,698,542
On-market purchases – Gross
Consideration
$4,506,359 $16,602,391 $16,186,997
On-market sales – number of
shares
1,131,172 15,027,060 5,044,829
On-market sales – Gross
Consideration
$1,885,217 $25,129,171 $8,286,600
Transfers into DIMS service
1,883,505 N/A N/A
Return of borrowed stock
N/A 5,120,000 N/A
In specie transfer to another
Fund Manager
N/A N/A 1,187,987
Net in-specie transfers in, re
basket creations/redemptions
N/A 312,046 N/A
Allotment of new Ordinary Shares
@1.52 on 8 July 2021
874,356 N/A 32,894
Conversion of PCTHA
Subordinated Convertible Notes
to Ordinary Shares at $1.40 on
27 Sep 2021
904,283 3,831,112 571,428

100080615/3821107.1 4

Additional information
Address(es) of substantial
product holder(s):
Level 14, 171 Featherston Street, Wellington
Contact details:
Kate Livingston
+ 64 9 307 5747
kate.livingston@jarden.co.nz
Nature of connection
between substantial product
holders:
N/A

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, Kate Livingston, 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.