SPH Notice – Jarden Securities Ltd & Harbour Asset Mgmt Ltd

041898866/4160982.2
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 Argosy Property Limited (ARG)
Relevant event being disclosed:
Disclosure of movement of 1% or more in substantial
holding
Date of relevant event: 24 February 2023
Date this disclosure made: 27 February 2023
Date last disclosure made: 12 August 2021

Substantial product holder(s) giving disclosure
Full name(s):
Jarden Securities Limited, Jarden Scientific Trading
Limited, and Harbour Asset Management Limited.


Summary of substantial holding:
Jarden Securities Limited only:
Class of quoted voting products:
Ordinary Shares (Shares)
Summary for: Jarden Securities Limited (includes DIMS
service)
For this
disclosure -
(a) total number held in class: 38,132,800
(b) total in class: 846,723,895
(c) total percentage held in class: 4.504%
For last
disclosure -
(a) total number held in class: 33,741,052
(b) total in class: 842,569,498
(c) total percentage held in class: 4.004%

041898866/4160982.2
Summary of substantial holding:
Related Body Corporate - Harbour Asset Management Limited only:
Class of quoted voting products:
Ordinary shares (Shares)
Summary for: Harbour Asset Management Limited
For this
disclosure -
(a) total number held in class: 12,939,048
(b) total in class: 846,723,895
(c) total percentage held in class: 1.528%
For last
disclosure -
(a) total in class: 7,436,365
(b) total in class: 842,569,498
(c) total percentage held in class: 0.883%




Summary of substantial holding:
Related Body Corporate - Jarden Scientific Trading Limited only:
Class of quoted voting products:
Ordinary shares (Shares)
Summary for: Jarden Scientific Trading Limited
For this
disclosure -
(a) total number held in class: Nil
(b) total in class: 846,723,895
(c) total percentage held in class: Nil
For last
disclosure -
(a) total in class: 1,100,000
(b) total in class: 842,569,498
(c) total percentage held in class: 0.131%

041898866/4160982.2
Summary of substantial holdings:
Including All Related Bodies Corporate:
Class of quoted voting products:
Ordinary shares (Shares)
Summary for: Jarden Securities Limited, Jarden Scientific Trading
Limited, and Harbour Asset Management Limited.
For this
disclosure -
(a) total number held in class: 51,071,848
(b) total in class: 846,723,895
(c) total percentage held in class: 6.032%
For last
disclosure -
(a) total number held in class: 42,277,417
(b) total in class: 842,569,498
(c) total percentage held in class: 5.018%

041898866/4160982.2
Details of transactions and events giving rise to relevant event:
The transactions/events giving rise to this disclosure obligation are on-market purchases, on-market sales, net transfers into DIMS Service, purchases
from dividend reinvestment plans, net in-specie transfers out re basket creations/redemptions, and unwinding of an underlying physical position
related to an equities swap agreement of Ordinary Shares by the related bodies corporate since the previous relevant event on 11 August 2021, as
summarised in the table below.

Details for: Harbour Asset
Management Limited
Jarden Securities
Limited
Jarden Securities Limited
(DIMS)
Jarden Scientific
Trading Limited
Nature of relevant
interest(s):
As fund manager, the power
to exercise (or control the
exercise of) a right to vote
attached to, and power to
acquire or dispose of (or
control the acquisition or
disposal of), the Shares,
under investment powers
contained in investment
management agreements
with clients (the beneficial
owners of the product) or
managed fund trust deeds.
As beneficial owner,
through normal on-
market trading activity,
with the power to
exercise (or control the
exercise of) a right to
vote attached to, and
power to acquire or
dispose of (or control
the acquisition or
disposal of), or to
borrow the Shares.
Jarden Securities Limited has,
as provider of discretionary
investment management
services (DIMS) under various
investment management
agreements with clients (the
beneficial owners of the
product), the power to exercise
(or control the exercise of) a
right to vote attached to, and
power to acquire or dispose of
(or control the acquisition or
disposal of), the Shares.
Jarden Scientific Trading
Limited is both
registered holder and
beneficial owner of
derivatives and is
treated as having a
relevant interest in the
underlying quoted
product under an equity
swap agreement that
Jarden Scientific Trading
Limited has in place with
a Prime Broker.
On-market purchases –
Number of Shares
7,915,987 21,385,239 8,159,223
Nil
On-market purchases –
Gross Consideration
$11,765,897 $29,682,598 $11,176,821
Nil
On-market sales –
Number of Shares
2,525,436 16,806,067 6,199,970
Nil
On-market sales –
Gross Consideration
$3,501,342 $23,604,987 $8,877,690
Nil
Net transfers into DIMS
Service
N/A N/A 2,194,986 N/A
29/09/2021 Dividend
Reinvestment Plan @
$1.5979
112,132 N/A
9,939
N/A
22/12/2021 Dividend
Reinvestment Plan @
$1.5180
N/A N/A
9,855
N/A

041898866/4160982.2
30/03/2022 Dividend
Reinvestment Plan @
$1.3612
N/A N/A
29,539
N/A
Net in-specie transfers
out, re basket creations /
redemptions
N/A 4,390,996 N/A N/A
Unwinding of exposure to
underlying physical Shares
related to an equities
swap agreement
N/A N/A N/A 1,100,000

Details after relevant event:
Details for:
Harbour Asset Management
Limited
Jarden Securities
Limited
Jarden Securities Limited
(DIMS)
Jarden Scientific Trading
Limited
Nature of relevant
interest(s):
As fund manager, the power
to exercise (or control the
exercise of) a right to vote
attached to, and power to
acquire or dispose of (or
control the acquisition or
disposal of), the Shares,
under investment powers
contained in investment
management agreements
with clients (the beneficial
owners of the product) or
managed fund trust deeds.
As beneficial owner,
through normal on-
market trading
activity, with the
power to exercise (or
control the exercise
of) a right to vote
attached to, and
power to acquire or
dispose of (or control
the acquisition or
disposal of), or to
borrow the Shares.
Jarden Securities Limited has, as
provider of discretionary
investment management
services (DIMS) under various
investment management
agreements with clients (the
beneficial owners of the
product), the power to exercise
(or control the exercise of) a
right to vote attached to, and
power to acquire or dispose of
(or control the acquisition or
disposal of), the Shares.
Jarden Scientific Trading
Limited is both registered
holder and beneficial owner
of derivatives and is treated
as having a relevant
interest in the underlying
quoted product under an
equity swap agreement that
Jarden Scientific Trading
Limited has in place with a
Prime Broker.
For that relevant event:
Number held in class
after the relevant
event:
12,939,048
295,023 37,837,777 Nil

041898866/4160982.2
Percentage held in
class:
1.528% 0.035% 4.469% Nil
Current registered
holder of financial
products:
Various nominees or
custodians for and on behalf
of Harbour Asset
Management Limited
Jarden Securities
Limited and unknown
FNZ Custodians Limited (as sub-
custodian of Jarden Custodial
Services Limited) and unknown
Unknown
Registered holder of
financial products once
transfer is registered:
Various nominees or
custodians for and on behalf
of Harbour Asset
Management Limited
Jarden Securities
Limited
FNZ Custodians Limited (as sub-
custodian of Jarden Custodial
Services Limited) and unknown
Unknown
Type of derivative:
N/A N/A N/A Equity Swap
Details of derivative:
N/A N/A N/A Notional number of
underlying physical product:
1,100,000 Shares
Settlement: cash-settled
Maturity date of the
derivative: No maturity
date, open ended until
unwind
Expiry date of the
derivative: No expiry date,
open ended until unwind
Price specified in the terms
of the derivative: Set at
execution price of
underlying physical product.
Parties to the
derivative:
N/A N/A N/A Jarden Scientific Trading
Limited and a Prime Broker
under an ISDA Master
Agreement.

041898866/4160982.2
If the substantial
product holder is not a
party to the derivative,
the nature of the
relevant interest in the
derivative:
N/A N/A N/A N/A

041898866/4160982.2

Additional information:

Address(es) of substantial
product holder(s):
Level 14, 171 Featherston Street, Wellington
Contact details:
Shane Willett
+ 64 4 496 5334
shane.willett@jarden.co.nz
Nature of connection
between substantial product
holders:
Harbour Asset Management Limited and Jarden
Securities Limited are related bodies corporate.

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: none.

Certification:
I, Shane Willett, 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.