SPH Notice – Wilson Asset Management

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
 Tourism Holdings Limited
Relevant event being disclosed: Movement of 1% or more
Date of relevant event: 18/05/2022
Date this disclosure made: 20/05/2022
Date last disclosure made: 16/08/2021

Substantial product holder(s) giving disclosure
Full name(s): Wilson Asset Management International Pty Limited and its Associates (Wilson
Asset Management Group) as defined in Appendix A

Summary of substantial holding
Class of quoted voting products: Ordinary Shares, ISIN: NZHELE0001S9
Summary for Wilson Asset Management Group

For this disclosure,—
(a) total number held in class: 13,180,328
(b) total in class: 152,060,700
(c) total percentage held in class: 8.67%
For last disclosure,—
(a) total number held in class: 10,984,810
(b) total in class: 151,902,649
(c) total percentage held in class: 7.23%

Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure: Refer to Annexure B

Details after relevant event
Details for: WAM Capital Limited  
Nature of relevant interest(s):       Beneficial owner  
For that relevant interest,— 
(a)  number held in class:       7,711,843     
(b)  percentage held in class:     5.07% 

(c)  current registered holder(s):     Citigroup Pty Limited   
(d)  registered holder(s) once transfers are registered:   WAM Capital Limited  
For a derivative relevant interest, also— 
(a)  type of derivative:      Not applicable 
(b)  details of derivative:    Not applicable  
(c)  parties to the derivative:    Not applicable  
(d)  if the substantial product holder is not a party to the derivative, the nature of the relevant 
interest in the derivative:    Not applicable 
 
Details for: WAM Research Limited  
Nature of relevant interest(s):       Beneficial owner  
For that relevant interest,— 
(a)  number held in class:       1,751,237     
(b)  percentage held in class:     1.15% 
(c)  current registered holder(s):     Citigroup Pty Limited   
(d)  registered holder(s) once transfers are registered:   WAM Research Limited  
For a derivative relevant interest, also— 
(a)  type of derivative:      Not applicable 
(b)  details of derivative:    Not applicable  
(c)  parties to the derivative:    Not applicable  
(d)  if the substantial product holder is not a party to the derivative, the nature of the relevant 
interest in the derivative:    Not applicable 
 
Details for: WAM Microcap Limited  
Nature of relevant interest(s):       Beneficial owner  
For that relevant interest,— 
(a)  number held in class:       2,785,696     
(b)  percentage held in class:     1.83% 
(c)  current registered holder(s):     Citigroup Pty Limited   
(d)  registered holder(s) once transfers are registered:   WAM Microcap Limited  
For a derivative relevant interest, also— 
(a)  type of derivative:      Not applicable 
(b)  details of derivative:    Not applicable  
(c)  parties to the derivative:    Not applicable  

(d)  if the substantial product holder is not a party to the derivative, the nature of the relevant 
interest in the derivative:    Not applicable 
Details for: Botanical Nominees Pty Limited ATF Wilson Asset Management Equity Fund 
Nature of relevant interest(s):       Beneficial owner  
For that relevant interest,— 
(a)  number held in class:       236,284     
(b)  percentage held in class:     0.16% 
(c)  current registered holder(s):     Citigroup Pty Limited   
(d)  registered holder(s) once transfers are registered: Botanical Nominees Pty Limited ATF 
Wilson Asset Management Equity Fund 
For a derivative relevant interest, also— 
(a)  type of derivative:      Not applicable 
(b)  details of derivative:    Not applicable  
(c)  parties to the derivative:    Not applicable  
(d)  if the substantial product holder is not a party to the derivative, the nature of the relevant 
interest in the derivative:    Not applicable 
 
Details for: WAM Global Limited  
Nature of relevant interest(s):       Beneficial owner  
For that relevant interest,— 
(a)  number held in class:       695,268     
(b)  percentage held in class:     0.46% 
(c)  current registered holder(s):     Citigroup Pty Limited   
(d)  registered holder(s) once transfers are registered:   WAM Global Limited 
For a derivative relevant interest, also— 
(a)  type of derivative:      Not applicable 
(b)  details of derivative:    Not applicable  
(c)  parties to the derivative:    Not applicable  
(d)  if the substantial product holder is not a party to the derivative, the nature of the relevant 
interest in the derivative:    Not applicable 
 
 
 
 

Additional information
Address(es) of substantial product holder(s): Refer to Annexure A

Contact details: Martyn McCathie
Ph: +61 2 9258 4917
email: martyn@wilsonassetmanagement.com.au

Nature of connection between substantial product holders:
WAM Capital Limited:       Related body corporate  
WAM Microcap Limited:    Related body corporate 
WAM Research Limited:     Related body corporate 
WAM Global Limited:    Related body corporate 
Botanical Nominees Pty Limited:   Related body 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:
 Not applicable 
Certification
I, Martyn McCathie, 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.
 
 
 
Martyn McCathie 
Head of Operations 

Annexure A
Wilson Asset Management Group
1. Details of Wilson Asset Management Group
ACN / ARSN
(ACN 081 047 118)
(ACN 100 276 542)
(ACN 086 587 395)
(ACN 100 504 541)
(ACN 126 420 719)
(ACN 081 032 000)
(ACN 611 053 751)
(ACN 617 838 418)
(ACN 624 572 925)
(ACN 649 096 220)
(ACN 168 941 704)
6. Addresses
NameAddress
Wilson Asset Management (International) Pty Limited
Level 26,1 Farrer Place, Sydney, NSW 2000
MAM Pty Limited
Level 26,1 Farrer Place, Sydney, NSW 2000
WAM Capital Limited
Level 26,1 Farrer Place, Sydney, NSW 2000
WAM Research Limited
Level 26,1 Farrer Place, Sydney, NSW 2000
WAM Active Limited
Level 26,1 Farrer Place, Sydney, NSW 2000
Botanical Nominees Pty Limited
Level 26,1 Farrer Place, Sydney, NSW 2000
WAM Leaders Limited
Level 26,1 Farrer Place, Sydney, NSW 2000
WAM Microcap Limited
Level 26,1 Farrer Place, Sydney, NSW 2000
WAM Alternative Assets Limited
Level 26,1 Farrer Place, Sydney, NSW 2000
WAM Strategic Value Limited
Level 26,1 Farrer Place, Sydney, NSW 2000
WAM Global Limited
Level 26,1 Farrer Place, Sydney, NSW 2000
Citigroup Pty Limited
Level 21, 2 Park Street, Sydney NSW 200
0
Signed: _______________________

Date: 20/05/2022
Name
Wilson Asset Management (International) Pty Limited
MAM Pty Limited
WAM Capital Limited
WAM Active Limited
Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund
WAM Research Limited
WAM Alternative Assets Limited
WAM Leaders Limited
WAM Microcap Limited
WAM Global Limited
WAM Strategic Value Limited

ANNEXURE B
Date of Change Persons whose relevant interest changedNature of Change
Consideration given in 
relation to change (9) 
Number of Securities 
affected
Class of Securities 
affected
Persons votes
affected
18-Aug-21 WAM Research LimitedOn Market Purchase (14,407.50) 6,311 Ordinary Shares 6,311
18-Aug-21 WAM Capital LimitedOn Market Purchase (76,327.12) 33,434 Ordinary Shares 33,434
18-Aug-21
Botanical Nominees Pty Limited as trustee of the
Wilson Asset Management Equity Fund On Market Purchase (582.14) 255 Ordinary Shares 255
23-Aug-21 WAM Microcap LimitedOn Market Purchase (97,161.02) 43,118 Ordinary Shares 43,118
24-Aug-21 WAM Microcap LimitedOn Market Purchase (115,022.28) 50,000 Ordinary Shares 50,000
26-Aug-21 WAM Microcap LimitedOn Market Purchase (43,386.85) 18,985 Ordinary Shares 18,985
26-Aug-21 WAM Research LimitedOn Market Purchase (23,042.91) 10,083 Ordinary Shares 10,083
26-Aug-21 WAM Capital LimitedOn Market Purchase (79,984.02) 34,999 Ordinary Shares 34,999
26-Aug-21
Botanical Nominees Pty Limited as trustee of the
Wilson Asset Management Equity Fund On Market Purchase (3,128.61) 1,369 Ordinary Shares 1,369
03-Sep-21 WAM Research LimitedOn Market Purchase (15,701.10) 6,509 Ordinary Shares 6,509
03-Sep-21 WAM Capital LimitedOn Market Purchase (34,094.21) 14,134 Ordinary Shares 14,134
03-Sep-21
Botanical Nominees Pty Limited as trustee of the
Wilson Asset Management Equity Fund On Market Purchase (800.86) 332 Ordinary Shares 332
27-Sep-21 WAM Microcap LimitedOn Market Purchase (23,422.84) 9,791 Ordinary Shares 9,791
27-Sep-21 WAM Research LimitedOn Market Purchase (12,612.12) 5,272 Ordinary Shares 5,272
27-Sep-21 WAM Capital LimitedOn Market Purchase (43,553.90) 18,206 Ordinary Shares 18,206
27-Sep-21
Botanical Nominees Pty Limited as trustee of the
Wilson Asset Management Equity Fund On Market Purchase (1,698.52) 710 Ordinary Shares 710
28-Sep-21 WAM Microcap LimitedOn Market Purchase (135,531.37) 55,442 Ordinary Shares 55,442
28-Sep-21 WAM Research LimitedOn Market Purchase (72,977.49) 29,853 Ordinary Shares 29,853
28-Sep-21 WAM Capital LimitedOn Market Purchase (252,004.94) 103,088 Ordinary Shares 103,088
28-Sep-21
Botanical Nominees Pty Limited as trustee of the
Wilson Asset Management Equity Fund On Market Purchase (9,822.25) 4,018 Ordinary Shares 4,018
06-Oct-21 WAM Microcap LimitedOn Market Sale 1,382,922.50 500,000 Ordinary Shares 500,000
26-Oct-21 WAM Research LimitedOn Market Purchase (133,007.77) 51,071 Ordinary Shares 51,071
26-Oct-21 WAM Capital LimitedOn Market Purchase (478,771.71) 183,834 Ordinary Shares 183,834
26-Oct-21
Botanical Nominees Pty Limited as trustee of the
Wilson Asset Management Equity Fund On Market Purchase (17,819.10) 6,842 Ordinary Shares 6,842
01-Nov-21 WAM Microcap LimitedOn Market Purchase (53,141.09) 19,577 Ordinary Shares 19,577
02-Nov-21 WAM Microcap LimitedOn Market Purchase (4,762.69) 1,737 Ordinary Shares 1,737
03-Nov-21 WAM Microcap LimitedOn Market Purchase (192,574.89) 68,686 Ordinary Shares 68,686
04-Nov-21 WAM Microcap LimitedOn Market Purchase (27,842.70) 10,000 Ordinary Shares 10,000
29-Nov-21 WAM Research LimitedOn Market Purchase (29,307.64) 10,563 Ordinary Shares 10,563
29-Nov-21 WAM Capital LimitedOn Market Purchase (105,494.15) 38,022 Ordinary Share
s 38,022
29-Nov-21
Botanical Nominees Pty Limited as trustee of the
Wilson Asset Management Equity Fund On Market Purchase (3,926.00) 1,415 Ordinary Shares 1,415
30-Nov-21 WAM Microcap LimitedOn Market Purchase (53,605.69) 19,420 Ordinary Shares 19,420
10-Dec-21 WAM Microcap LimitedOn Market Purchase (81,296.94) 27,062 Ordinary Shares 27,062
10-Dec-21 WAM Research LimitedOn Market Purchase (46,290.17) 15,409 Ordinary Shares 15,409
10-Dec-21 WAM Capital LimitedOn Market Purchase (166,619.36) 55,464 Ordinary Shares 55,464
10-Dec-21
Botanical Nominees Pty Limited as trustee of the
Wilson Asset Management Equity Fund On Market Purchase (6,203.46) 2,065 Ordinary Shares 2,065
17-Dec-21 WAM Research LimitedOn Market Purchase (28,834.73) 9,413 Ordinary Shares 9,413
17-Dec-21 WAM Capital LimitedOn Market Purchase (103,799.52) 33,885 Ordinary Shares 33,885
17-Dec-21
Botanical Nominees Pty Limited as trustee of the
Wilson Asset Management Equity Fund On Market Purchase (3,865.87) 1,262 Ordinary Shares 1,262
20-Dec-21 WAM Research LimitedOn Market Purchase (16,254.98) 5,281 Ordinary Shares 5,281
20-Dec-21 WAM Capital LimitedOn Market Purchase (58,516.05) 19,011 Ordinary Shares 19,011
20-Dec-21
Botanical Nominees Pty Limited as trustee of the
Wilson Asset Management Equity Fund On Market Purchase (2,179.23) 708 Ordinary Shares 708
05-Jan-22 WAM Microcap LimitedOn Market Purchase (3,319.97) 1,105 Ordinary Shares 1,105
05-Jan-22 WAM Research LimitedOn Market Purchase (1,907.86) 635 Ordinary Shares 635
05-Jan-22 WAM Capital LimitedOn Market Purchase (6,862.28) 2,284 Ordinary Shares 2,284
05-Jan-22
Botanical Nominees Pty Limited as trustee of the
Wilson Asset Management Equity Fund On Market Purchase (255.38) 85 Ordinary Shares 85
10-Jan-22 WAM Research LimitedOn Market Purchase (12,518.84) 4,225 Ordinary Shares 4,225
10-Jan-22 WAM Capital LimitedOn Market Purchase (45,064.85) 15,209 Ordinary Shares 15,209
10-Jan-22
Botanical Nominees Pty Limited as trustee of the
Wilson Asset Management Equity Fund On Market Purchase (1,677.08) 566 Ordinary Shares 566
11-Jan-22 WAM Microcap LimitedOn Market Purchase (59,316.84) 20,000 Ordinary Shares 20,000
13-Jan-22 WAM Research LimitedOn Market Purchase (18,705.24) 6,610 Ordinary Shares 6,610
13-Jan-22 WAM Capital LimitedOn Market Purchase (35,616.34) 12,586 Ordinary Shares 12,586
13-Jan-22
Botanical Nominees Pty Limited as trustee of the
Wilson Asset Management Equity Fund On Market Purchase (2,275.19) 804 Ordinary Shares 804
18-Jan-22 WAM Microcap LimitedOn Market Purchase (122,868.32) 43,359 Ordinary Shares 43,359
24-Jan-22 WAM Microcap LimitedOn Market Purchase (191,428.71) 70,000 Ordinary Shares 70,000
25-Jan-22 WAM Microcap LimitedOn Market Purchase (12,612.61) 4,654 Ordinary Shares 4,654
25-Jan-22 WAM Research LimitedOn Market Purchase (57,130.76) 21,081 Ordinary Shares 21,081
25-Jan-22 WAM Capital LimitedOn Market Purchase (60,558.98) 22,346 Ordinary Shares 22,346
25-Jan-22
Botanical Nominees Pty Limited as trustee of the
Wilson Asset Management Equity Fund On Market Purchase (5,200.60) 1,919 Ordinary Shares 1,919
01-Feb-22 WAM Microcap LimitedOn Market Purchase (87.17) 32 Ordinary Shares 32
01-Feb-22 WAM Research LimitedOn Market Purchase (6,600.45) 2,423 Ordinary Shares 2,423
01-Feb-22 WAM Capital LimitedOn Market Purchase (14,364.07) 5,273 Ordinary Shares 5,273
01-Feb-22
Botanical Nominees Pty Limited as trustee of the
Wilson Asset Management Equity Fund On Market Purchase (623.81) 229 Ordinary Shares 229
08-Feb-22 WAM Microcap LimitedOn Market Purchase (582.27) 204 Ordinary Shares 204
08-Feb-22 WAM Research LimitedOn Market Purchase (43,447.77) 15,222 Ordinary Shares 15,222
08-Feb-22 WAM Capital LimitedOn Market Purchase (94,582.11) 33,137 Ordinary Shares 33,137
08-Feb-22
Botanical Nominees Pty Limited as trustee of the
Wilson Asset Management Equity Fund On Market Purchase (4,101.59) 1,437 Ordinary Shares 1,437
18-Feb-22 WAM Microcap LimitedOn Market Purchase (2,230.58) 856 Ordinary Shares 856
18-Feb-22 WAM Research LimitedOn Market Purchase (166,604.93) 63,936 Ordinary Shares 63,936
18-Feb-22 WAM Capital LimitedOn Market Purchase (362,660.65) 139,174 Ordinary Shares 139,174
18-Feb-22
Botanical Nominees Pty Limited as trustee of the
Wilson Asset Management Equity Fund On Market Purchase (15,723.43) 6,034 Ordinary Shares 6,034
28-Feb-22 WAM Microcap LimitedOn Market Purchase (70,252.75) 27,015 Ordinary Shares 27,015
28-Feb-22 WAM Research LimitedOn Market Purchase (113,475.82) 43,636 Ordinary Shares 43,636
28-Feb-22 WAM Capital LimitedOn Market Purchase (261,044.31) 100,382 Ordinary Shares 100,382
28-Feb-22
Botanical Nominees Pty Limited as trustee of the
Wilson Asset Management Equity Fund On Market Purchase (10,316.22) 3,967 Ordinary Shares 3,967
03-Mar-22 WAM Microcap LimitedOn Market Purchase (17,045.51) 6,419 Ordinary Shares 6,419
03-Mar-22 WAM Research LimitedOn Market Purchase (27,531.99) 10,368 Ordinary Shares 10,368
03-Mar-22 WAM Capital LimitedOn Market Purchase (63,333.14) 23,850 Ordinary Shares 23,850
03-Mar-22
Botanical Nominees Pty Limited as trustee of the
Wilson Asset Management Equity Fund On Market Purchase (2,504.11) 943 Ordinary Shares 943
04-Mar-22 WAM Microcap LimitedOn Market Purchase (17,197.43) 6,456 Ordinary Shares 6,456
04-Mar-22 WAM Research LimitedOn Market Purchase (27,780.66) 10,429 Ordinary Shares 10,429
04-Mar-22
Botanical Nominees Pty Limited as trustee of the
Wilson Asset Management Equity Fund On Market Purchase (2,525.27) 948 Ordinary Shares 948
04-Mar-22 WAM Capital LimitedOn Market Purchase (63,904.31) 23,990 Ordinary Shares 23,990
14-Apr-22 WAM Microcap LimitedOn Market Purchase (289,804.06) 100,000 Ordinary Shares 100,000
19-Apr-22 WAM Research LimitedOn Market Purchase (54.16) 19 Ordinary Shares 19
19-Apr-22 WAM Capital LimitedOn Market Purchase (39,471.28) 13,846 Ordinary Shares 13,846

19-Apr-22
Botanical Nominees Pty Limited as trustee of the
Wilson Asset Management Equity Fund On Market Purchase (2,052.53) 720 Ordinary Shares 720
21-Apr-22 WAM Research LimitedOn Market Purchase (14,177.02) 4,989 Ordinary Shares 4,989
21-Apr-22 WAM Capital LimitedOn Market Purchase (107,369.13) 37,784 Ordinary Shares 37,784
21-Apr-22
Botanical Nominees Pty Limited as trustee of the
Wilson Asset Management Equity Fund On Market Purchase (1,815.82) 639 Ordinary Shares 639
26-Apr-22 WAM Research LimitedOn Market Purchase (4,814.99) 1,687 Ordinary Shares 1,687
26-Apr-22 WAM Capital LimitedOn Market Purchase (36,464.94) 12,776 Ordinary Shares 12,776
26-Apr-22
Botanical Nominees Pty Limited as trustee of the
Wilson Asset Management Equity Fund On Market Purchase (616.50) 216 Ordinary Shares 216
10-May-22 WAM Research LimitedOn Market Purchase (6,478.70) 2,379 Ordinary Shares 2,379
10-May-22 WAM Capital LimitedOn Market Purchase (49,073.66) 18,020 Ordinary Shares 18,020
10-May-22
Botanical Nominees Pty Limited as trustee of the
Wilson Asset Management Equity Fund On Market Purchase (830.60) 305 Ordinary Shares 305
18-May-22 WAM Microcap LimitedOn Market Purchase (230,194.90) 86,866 Ordinary Shares 86,866
18-May-22 WAM Research LimitedOn Market Purchase (346,213.59) 130,432 Ordinary Shares 130,432
18-May-22 WAM Capital LimitedOn Market Purchase (1,299,481.16) 489,528 Ordinary Shares 489,528
18-May-22
Botanical Nominees Pty Limited as trustee of the
Wilson Asset Management Equity Fund On Market Purchase (39,415.10) 14,848 Ordinary Shares 14,848
Signed: _______________________
Date: 20/05/2022