SPH Notice – Investment Services Group 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
This form must be completed in accordance with the instructions at the end of the form.
To ASX, NZX
and
To Tower Limited

Relevant event being disclosed:
Date of relevant event: 28/06/2022
Date this disclosure made: 29/06/2022
Date last disclosure made: 19/04/2021
Substantial product holder(s) giving disclosure
Full name(s): Investment Services Group Limited (formerly Devon Funds Group
Limited)
Summary of substantial holding
Class of quoted voting products: Ordinary Shares
Summary for Investment Services Group Limited
For this disclosure,—
(a) total number held in class: 20,589,363
(b) total in class: 379,483,987
(c) total percentage held in class: 5.43%
For last disclosure, —
(a) total number held in class: 27,379,134

(b) total in class: 421,647,258

(c) total percentage held in class: 6.49%
Details of relevant interests
Devon Funds Management Limited and Clarity Funds Management Limited are subsidiaries
of Investment Services Group Limited.
Details for Devon Funds Management Limited

Nature of relevant interest(s): Related party of Investment Services Group
Limited
For this disclosure,—
(a) total number held in class: 11,020,242

(b) total in class: 379,483,987

(c) total percentage held in class: 2.90%


For last disclosure,—
Summary for Devon Funds Management Limited
(a) total number held in class: 17,475,787
(b) total in class: 421,647,258

(c) total percentage held in class: 4.14%


Details for Clarity Funds Management Limited
Nature of relevant interest(s): Related party of Investment Services Group
Limited.
For this disclosure: -
(a) total number held in class: 9,569,121
DEVONUnits
BNP for private client4,117,814
BNP for private client272,103
JPM for private client2,281,922
Northern for private client2,945,290
JPM for private client1,112,237
BNP for wholesale clients290,876
DEVONUnits
CITI for private client839,212
BNP for private client2,107,848
BNP for private client3,770,913
BNP for private client291,627
MMC for private client1,602,748
JPM for private client1,316,860
Northern for private client5,364,730
JPM for private client763,618
Public Trust for private client964,562
BNP for wholesale clients453,669

(b) total in class: 379,483,987
(c) total percentage held in class: 2.52%

For last disclosure, —
(a) total number held in class: 9,903,347

(b) total in class: 421,647,258
(c) total percentage held in class: 2.35%

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: Transactions between
19/04/2021 to 28/06/2022
Transaction Type Volume
Consideration
Paid
Consideration
Received
Sales 10,409,693
$7,351,382
Purchases 9,970,326
$7,012,677

Additional information
Address(es) of substantial product holder(s): Investment Services Group Limited,
Level 17, 188 Quay Street, Auckland 1010
CLARITY
BNP for retails clients4,823,200
BNP for retails clients339,020
BNP for retails clients4,406,901
CLARITY
BNP for retails clients5,880,163
BNP for retails clients3,699,913
BNP for retails clients323,271

Contact details: Suki Chow | P: 09 925 3989 | E: schow@devonfunds.co.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 financial
products to which this disclosure relates: Devon Funds Management Limited
Certification
I, Suki Chow, 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.