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SPH Notice – NAOS

Substantial Holder Notice26 March 2023MOVIndustrials

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 Move Logistics Group Limited

Relevant event being disclosed: Change in relevant interests

Date of relevant event: 21 March 2023

Date this disclosure made: 24 March 2023

Date last disclosure made: 24 January 2023

Substantial product holder(s) giving disclosure

Full name(s): NAOS Asset Management Limited ACN 107 624 126 (which by reference also

includes Sebastian Evans as a substantial holder in his personal capacity as he owns more

than 20% of the voting shares in the company) (‘NAOS’) and NAOS Small Cap

Opportunities Company Limited ACN 107 617 381 (‘NSC’) (each, a ‘NAOS Substantial

Holder’).

Summary of substantial holding

Class of quoted voting products: Ordinary Shares

Summary for NAOS Substantial Holders

For this disclosure,—

(a)total number held in class: 15,778,723

(b)total in class: 116,385,129

(c)total percentage held in class: 13.56%

For last disclosure,—

(a)total number held in class: 14,290,256

(b)total in class: 116,385,129

(c)total percentage held in class: 12.28%

Details of transactions and events giving rise to relevant event

Details of the transactions or other events requiring disclosure: On-market acq

uisitions of

1,488,467 Ordinary Shares in MOV for total consideration of $AUD 1,367,956.80.

2
Details after r elevant event

Nature of relevant interest(s): National Nominees Limited is the registered holder of the

Ordinary Shares in its capacity as custodian of NSC. NAOS is the investment manager

of NSC. NAOS and NSC each have a relevant interest in the Ordinary Shares as each

has the power to exercise or control the exercise of the right to vote and to dispose of

the

Ordinary Shares.

For that relevant interest,—

(a)number held in class: 15,778,723

(b)percentage held in class: 13.56%

(c)current registered holder(s): National Nominees Limited

(d)registered holder(s) once transfers are registered: N/A

For a derivative

relevant interest, also—

(a)type of derivative: N/A

(b)details of derivative: N/A

(c)parties to the derivative: N/A

(d)if the substantial product holder is not a party to the derivative, the nature of the

relevant interest in the derivative: N/A

Additional information

Address(es) of substantial product holder(s): Level 34, 25 Martin Place, Sydney, New

South Wales, 2000, Australia

Contact details: Sebastian Evans, (61 2) 9002 1576, sevans@naos.com.au

Nature of connection between substantial product holders: NAOS is the investment

manager of NSC.

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

Certification

I, Sebastian Evans, 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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