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SPH Notice – Elders Limited

Substantial Holder Notice14 December 2022PGWIndustrials

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Disclosure of beginning to have substantial holding

Section 276, Financial Markets Conduct Act 2013

To NZX Limited

and

To PGG Wrightson Limited (NZX:PGW) (PGW)

Date this disclosure made: 14 December 2022

Date on which substantial holding began: 14 December 2022

Substantial product holder(s) giving disclosure

Full name(s): Elders Limited (Elders)

Summary of substantial holding

Class of quoted voting products: Ordinary shares in PGW

Summary for Elders

For this disclosure,—

(a) total number held in class: 8,526,245

(b) total in class: 75,484,083

(c) total percentage held in class: 11.295%

Details of relevant interests

Details for Elders

Nature of relevant interest(s): Registered holder and beneficial owner of financial products. No relevant

agreement document needs to be attached under regulation 139.

For that relevant interest,—

(a) number held in class: 8,526,245

(b) percentage held in class: 11.295%

(c) current registered holder(s): Custodial Services Limited

(d) registered holder(s) once transfers are registered: Elders Limited

Details of transactions and events giving rise to substantial holding

Details of the transactions or other events requiring disclosure: On 14 December 2022, Elders agreed to

acquire 8,526,245 ordinary shares in PGW from BCA New Continent Agri Hldg. Limited by way of an off

market trade for consideration of NZ$4.35 per share (being aggregate consideration of

NZ$37,089,165.75) with settlement to occur on 16 December 2022.

Additional information

Address(es) of substantial product holder(s): 80 Grenfell Street, Adelaide, SA 5000, Australia



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Contact details: Peter Hastings, Peter.Hastings@elders.com.au, +61 8 8425 4964

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: BCA New Continent Agri Hldg. Limited

Certification

I, Peter Hastings, 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.

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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