SPH Notice (Corrected) – Salt Funds Management Ltd

100080615/3821102.1
1
Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013
To NZX Limited
and
To Argosy Property Limited
Date this disclosure made: 02 March 2023
Date on which substantial holding began: 28 February 2023
Substantial product holder(s) giving disclosure
Full name(s): Salt Funds Management Limited
Summary of substantial holding
Class of quoted voting products: Argosy Property Limited Ordinary Shares (ARG)
Summary for Salt Funds Management Limited
For this disclosure,—
(a) total number held in class: 44,429,493
(b) total in class: 846,723,895
(c) total percentage held in class: 5.247%

Details of relevant interests
Details for Salt Funds Management Limited
Nature of relevant interest(s): Investment Manager
For that relevant interest,—
(a) number held in class: 44,429,493
(b) percentage held in class: 5.247%
(c) current registered holder(s):
(d) registered holder(s) once transfers are registered: See Annexure 1

100080615/3821102.1
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Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure:

Transaction Type Period Shares/Units Consideration
On-market purchases
02/11/2022 –
28/02/2023
13,262,692 -$14,850,320.79
On-market sales
17/11/2022 –
20/01/2023
-358,800 $428,040.61
Total: 12,746,122 -$14,422,280.18

Additional information
Address(es) of substantial product holder(s): Level 3, The Imperial Buildings, 44 Queen
Street, Auckland 1050
Contact details:
Mia Gemmell, Telephone: 09 869 2933, Email: mia.gemmell@saltfunds.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.
Certification
I, Mia Gemmell, 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.

100080615/3821102.1
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ANNEXURE 1
SUBSTANTIAL SECURITY HOLDER NOTICE FROM SALT FUNDS MANAGEMENT LTD
DATED 02 March 2023
Name of type of shares Argosy Property Limited Ordinary Shares (ARG)
Percentage held 5.247%

Registered holder:
Guardian Nominees No.2 Ltd (as custodian for
BT Funds Management (NZ) Ltd)
Holding: 36,006,727 (4.252%)
Registered holder:
National Nominees Ltd (as custodian for Salt
Investment Funds Ltd)
Holding: 5,989,290 (0.707%)
Registered holder:
BNP Paribas Nominees (NZ) Ltd (as custodian for
AMP Capital Investors (New Zealand) Ltd)
Holding: 2,433,476 (0.287%)