SPH Notice – NAOS

1
Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013
To NZX Limited
and
To Move Logistics Group Limited
Date this disclosure made: 20 December 2021
Date on which substantial holding began: 15 December 2021
Substantial product holder(s) giving disclosure
Full name(s): NAOS Asset Management Limited ACN 107 624 126 (which by reference also
includes Sebastian Evans as a substantial holder in his personal capacity as he owns more
than 20% of the voting shares in the company) (‘NAOS’) and NAOS Small Cap Opportunities
Company Limited ACN 107 617 381 (‘NSC’) (each, a ‘NAOS Substantial Holder’).


Summary of substantial holding
Class of quoted voting products: Ordinary Shares
Summary for NAOS Substantial Holders
For this disclosure,—
(a) total number held in class: 8,025,465
(b) total in class: 116,339,252
(c) total percentage held in class: 6.90%
Details of relevant interests
Details for NAOS Substantial Holders
Nature of relevant interest(s): National Nominees Limited is the registered holder of the
Ordinary Shares in its capacity as custodian of NSC. NAOS is the investment manager for
NSC. NAOS and NSC each have a relevant interest in the Ordinary Shares as each has the
power to exercise or control the exercise of the right to vote and to dispose of the Ordinary
Shares.
For that relevant interest,—
(a) number held in class: 8,025,465
(b) percentage held in class: 6.90% (NSC:6.90%)
(c) current registered holder(s): National Nominees Limited
(d) registered holder(s) once transfers are registered: N/A

2
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
Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure: On-market acquisitions of
8,025,465 Ordinary Shares in MOV for total consideration of $AUD 12,249,782.47. The
NAOS Substantial Holders began to hold a substantial holding (>5%) in MOV on 15
December 2021.
Additional information
Address(es) of substantial product holder(s): Level 34, MLC Centre, 19 Martin Place,
Sydney, New South Wales, 2000, Australia
Contact details: Sebastian Evans, (61 2) 9002 1576, sevans@naos.com.au
Nature of connection between substantial product holders: NAOS is the investment
manager for NSC.
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: N/A
Certification
I, Sebastian Evans, 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.