SPH Notice – Forsyth Barr Investment Management Limited

1

D isclosure of movement of 1% or more in substantial holding or change in nature of relevant
int erest, or both
Section 277 and 278, Financial Markets Conduct Act 2013
To : NZX Limited
and
To : Skellerup Holdings Limited
Relevant event being disclosed: Movement of 1% or more in substantial
holding
Date of relevant event: 25 August 2022
Date of this disclosure: 26 August 2022
Date last disclosure made: 26 August 2021
S ubstantial product holder(s) giving
disclosure:

Full name(s): Forsyth Barr Investment Management Limited
(F BIM)

S ummary of substantial holding

Class of quoted voting products: Units in Skellerup Holdings Limited (SKL)
Summary for FBIM
For t his disclosure,—
(a) total number held in class: 13,817,376
(b) total in class: 195,276,382
(c) total percentage held in class:

7.076%
For last disclosure,—
(a) total number held in class: 11,815,162
(b) total in class: 195,276,382
(c) total percentage held in class:

6.050%

2

D e tails of transactions and events giving rise to relevant event
D ate of
e v ent
N ature of
e v ent
C o nsideration N umber of
f inancial
products
C urrent
re gistered
ho lder(s)
Re gistered
ho lder(s) once
t ransfers are
re gistered
26
August
2021–
25
August
2022
On-market
sales
$18,184,559 3,090,147
Trustees
Executors
Limited (“TEL”)
(182,056)
Forsyth Barr
Custodians
Limited
(“FBCL”)
(2,908,091)
Unknown
On-market
purchases
$26,542,999 4,637,780 Unknown
TEL (75,000)
FBCL
(4,562,780)
Off-market
transfers
out
of DIMS
Nil 202,430 FBCL Unknown
Off-market
transfers
into DIMS
Nil 664,411 Unknown FBCL

D e tails after relevant event
Details for Forsyth Barr Investment Management Limited
Nature of relevant interest(s):

The relevant interest arises under various
investment management agreements to which
Forsyth Barr Investment Management Limited
is a party in its capacity as a provider of
discretionary investment management
services (D I MS) and as manager of the
Octagon Investment Funds (Funds). The
relevant interest arises only from the powers
of investment contained in those agreements,
including the power to control the exercise of
the right to vote attached to the shares and to
control the disposal of the shares.
A relevant agreement document need not be
attached under regulations 139.
For that relevant interest,—
(a) number held in class: 13,817,376
(b) percentage held in class: 7.076%
(c) current registered holder(s): See above
(d) registered holder(s) once transfers are
registered:
See above

3

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): Forsyth Barr House, The Octagon, Dunedin
Contact details: Sonette de Koster
T: +64 9 918 9239
E: compliance@forsythbarr.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:
Not applicable

C e rtification
I, Sonette de Koster, 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.