SPH Notice – Spheria Asset Management Pty Ltd

1
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 Michael Hill International Limited
Relevant event being disclosed: Disclosure of movement of 1% or more in
substantial holding
Date of relevant event: 06/10/2022
Date this disclosure made: 11/10/2022
Date last disclosure made: 19/04/2021
Substantial product holder(s) giving disclosure
Full name(s): Spheria Asset Management Pty Ltd
Summary of substantial holding
Class of quoted voting products: Ordinary share
Summary for [name of substantial product holder(s)]
For this disclosure,—
(a) total number held in class: 54,093,535
(b) total in class: 383,098,689
(c) total percentage held in class: 14.12%
For last disclosure,—
(a) total number held in class: 50,814,123
(b) total in class: 387,980,688
(c) total percentage held in class: 13.10%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure: Please see appendix B
Details after relevant event
Details for Spheria Asset Management Pty Ltd
Nature of relevant interest(s): Spheria Asset Management Pty Ltd in its capacity as
investment manager has the power to control voting and/or disposal of securities.

2
For that relevant interest,—
Please see Appendix A and C
For a derivative relevant interest,— N/A

Additional information
Address(es) of substantial product holder(s): Spheria Asset Management Pty Ltd
Address: Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Contact details: James Habib
Email: Risk.Compliance@pinnacleinvestment.com
*Nature of connection between substantial product holders: N/A
*Omit if disclosure is made for only 1 substantial product holder.
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
*Disclosure has effect for purposes of directors’ and senior managers’ disclosure
Matt Booker is also a Director of Spheria Asset Management Pty Ltd This disclosure
also constitutes disclosure for the purposes of the directors’ and senior managers’
disclosure obligations.
*Omit if inapplicable (see section 302 of the Financial Markets Conduct Act 2013).
Certification
I, Matt Booker, 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.

_______________
Matthew Booker
Director
11/10/2022

Michael Hill International Ltd
Annexure A
Holder of relevant interestNature of relevant interestNumber of
securities
Class of securities
Spheria Asset Management Pty LtdSpheria Asset Management Pty Ltd in its capacity as
investment manager has the power to control voting and/or
disposal of securities.
54,093,535ORDINARY FULLY
PAID
This is Annexure "A" as mentioned in form 604 Notice of change of interests of substantial holder
Matthew Booker
Director
Date: 10/10/2022

Michael Hill International Ltd
Annexure B
Date of
change
Person whose relevant
interest changed
Nature of
change
Class of Securities Number of
securities
Person's votes
affected
CashNon-cash
2/05/2022As abovePurchase84,734.56$ ORDINARY FULLY
PAID
76,800 76,800
4/05/2022As abovePurchase60,719.71$ ORDINARY FULLY
PAID
55,463 55,463
4/05/2022As abovePurchase
104,544.82$
ORDINARY FULLY
PAID
95,494 95,494
5/05/2022As abovePurchase
97,185.28$
ORDINARY FULLY
PAID
87,000 87,000
5/05/2022As abovePurchase56,444.54$ ORDINARY FULLY
PAID
50,529 50,529
9/05/2022As abovePurchase1.08$ ORDINARY FULLY
PAID
1 1
10/05/2022As abovePurchase138,954.38$ ORDINARY FULLY
PAID
131,446 131,446
10/05/2022As abovePurchase
7,212.75$
ORDINARY FULLY
PAID
6,823 6,823
11/05/2022As abovePurchase7,964.31$ ORDINARY FULLY
PAID
7,700 7,700
6/06/2022As abovePurchase60,703.28$ ORDINARY FULLY
PAID
62,261 62,261
7/06/2022As abovePurchase51,770.26$ ORDINARY FULLY
PAID
50,000 50,000
10/06/2022As abovePurchase49,898.80$ ORDINARY FULLY
PAID
50,000 50,000
14/06/2022As abovePurchase14,159.22$ ORDINARY FULLY
PAID
15,000 15,000
15/06/2022As abovePurchase42,873.83$ ORDINARY FULLY
PAID
44,960 44,960
15/06/2022As abovePurchase23,869.54$ ORDINARY FULLY
PAID
25,031 25,031
16/06/2022As abovePurchase19,760.21$ ORDINARY FULLY
PAID
20,737 20,737
Consideration

16/06/2022As above
Purchase35,492.53$
ORDINARY FULLY
PAID
37,247 37,247
17/06/2022As abovePurchase
25,781.64$
ORDINARY FULLY
PAID
27,764 27,764
17/06/2022As abovePurchase14,353.36$ ORDINARY FULLY
PAID
15,457 15,457
20/06/2022As abovePurchase10,441.37$ ORDINARY FULLY
PAID
11,243 11,243
20/06/2022As abovePurchase18,754.17$ ORDINARY FULLY
PAID
20,194 20,194
21/06/2022As abovePurchase11,837.61$ ORDINARY FULLY
PAID
12,411 12,411
21/06/2022As abovePurchase
6,590.76$
ORDINARY FULLY
PAID
6,910 6,910
22/06/2022As abovePurchase71,450.02$ ORDINARY FULLY
PAID
75,054 75,054
22/06/2022As abovePurchase23,748.14$ ORDINARY FULLY
PAID
24,946 24,946
24/06/2022As abovePurchase36,361.78$ ORDINARY FULLY
PAID
37,523 37,523
28/06/2022As abovePurchase32,132.07$ ORDINARY FULLY
PAID
32,107 32,107
28/06/2022As abovePurchase
37,680.33$
ORDINARY FULLY
PAID
38,098 38,098
29/06/2022As abovePurchase37,077.41$ ORDINARY FULLY
PAID
36,090 36,090
29/06/2022As abovePurchase26,466.54$ ORDINARY FULLY
PAID
26,113 26,113
30/06/2022As abovePurchase65,658.26$ ORDINARY FULLY
PAID
64,083 64,083
30/06/2022As abovePurchase46,034.03$ ORDINARY FULLY
PAID
45,000 45,000
1/07/2022As abovePurchase14,011.37$ ORDINARY FULLY
PAID
13,589 13,589
4/07/2022As abovePurchase51,259.08$ ORDINARY FULLY
PAID
49,176 49,176
5/07/2022As aboveSale23,414.32-$ ORDINARY FULLY
PAID
21,436- 21,436-

5/07/2022
As aboveSale70,536.19-$
ORDINARY FULLY
PAID
64,406- 64,406-
13/07/2022As aboveSale
32,292.70-$
ORDINARY FULLY
PAID
29,205- 29,205-
14/07/2022As aboveSale67,805.36-$ ORDINARY FULLY
PAID
62,445- 62,445-
15/07/2022As aboveSale73,327.24-$ ORDINARY FULLY
PAID
64,650- 64,650-
18/07/2022As aboveSale5,257.36-$ ORDINARY FULLY
PAID
4,634- 4,634-
29/08/2022As aboveSale460,345.55-$ ORDINARY FULLY
PAID
423,896- 423,896-
29/08/2022As abovePurchase
460,345.55$
ORDINARY FULLY
PAID
423,896 423,896
19/09/2022As aboveSale636,125.28-$ ORDINARY FULLY
PAID
567,969- 567,969-
19/09/2022As abovePurchase636,125.28$ ORDINARY FULLY
PAID
567,969 567,969
6/10/2022As aboveSale204,558.66-$ ORDINARY FULLY
PAID
171,386- 171,386-
This is Annexure "B" as mentioned in form 604 Notice of change of interests of substantial holder
Matthew Booker
Director
Date: 10/10/2022

Michael Hill International Ltd
Annexure C
Holder of relevant interestRegistered holder of securitiesPerson entitled to be
registered as holder
Number of
securities
Class of
securities
Person's votes
Spheria Asset ManagementBNP ParibasBNP Paribas4,267,835 Ordinary fully paid4,267,835
Spheria Asset ManagementBNP Paribas Securities ServicesBNP Paribas Securities
Services
4,595,219 Ordinary fully paid4,595,219
Spheria Asset ManagementCitibankCitibank22,453,272 Ordinary fully paid22,453,272
Spheria Asset ManagementJP Morgan Chase BankJP Morgan Chase Bank8,166,468 Ordinary fully paid8,166,468
Spheria Asset ManagementNAB Custodial ServicesNAB Custodial Services1,190,449 Ordinary fully paid1,190,449
Spheria Asset ManagementNorthern TrustNorthern Trust13,420,292 Ordinary fully paid13,420,292
This is Annexure "C" of 1 page as mentioned in form 604 Notice of change of interests of substantial holder
`
Matthew Booker
Director
Date: 10/10/2022