SPH Notice – Forsyth Barr Investment Management Limited

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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 : Investore Property Limited
Relevant event being disclosed: Movement of 1% or more in substantial
holding
Date of relevant event: 10 February 2023
Date of this disclosure: 13 February 2023
Date last disclosure made: 29 July 2022
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 Investore Property Limited
Summary for FBIM
For t his disclosure,—
(a) total number held in class: 25,890,113
(b) total in class: 367,502,635
(c) total percentage held in class:

7.045%
For last disclosure,—
(a) total number held in class: 22,204,476
(b) total in class: 367,858,335
(c) total percentage held in class:

6.036%

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D e tails of transactions and events giving rise to relevant event
Da t e of
e v e nt
N a t ure of
e v e nt
C o nsideration N um ber o f
f i nancial
p ro d ucts
C urrent
re gi stered
ho l der(s)
R e gi stered
ho l der(s) once
t ra nsfers are
re gi stered
29 July
2022 –
10
February
2023
On-market
sales
$1,383,312.89 19,047,910
Forsyth Barr
Custodians
Limited (F B C L)
(18,904,080) /
Trustees
Executors
Limited (TEL)
(143,830)
Unknown
On-market
purchases
$6,621,706.83* 22,505,558* Unknown
FBCL
(22,073,527) /
TEL (432,031*)
Off-market
transfers out
$416,564.04 226,784 FBCL Unknown
Off-market
transfers in
$785,117.00 454,773 Unknown FBCL
*On-market purchases include 25,646 shares (0.007%) acquired before the last disclosure but inadvertently
omitted from the last disclosure. The consideration for those shares has been estimated.

D e tails after relevant event
Details for FBIM
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 the manager of the
Octagon Investment Funds and a provider of
discretionary investment management
services (D I MS). 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 and 142.
For that relevant interest,—
(a) number held in class: 25,890,113
(b) percentage held in class: 7.045%
(c) current registered holder(s): See above
(d) registered holder(s) once transfers are
registered:
See above
For a derivative relevant interest, also—
(a) type of derivative: Not applicable

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(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: Eva Leong
T: +64 9 368 0060
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, Eva Leong, 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.