SPH Notice – J.P. Morgan Chase & Co. and its affiliates
100080615/3821102.1
1
Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013
Note: This form must be completed in accordance with the instructions at the end of the form.
To New Zealand Stock Exchange
and
To NZME LTD
Date this disclosure made: 29 March 2023
Date on which substantial holding began: 27 March 2023
Substantial product holder(s) giving disclosure
Full name(s): J.P. Morgan Chase & Co. and its affiliates
Summary of substantial holding
Class of quoted voting products: Ordinary Shares
Summary for J.P. MORGAN SECURITIES LLC, JPMORGAN CHASE BANK, N.A., J.P. MORGAN
SECURITIES AUSTRALIA LIMITED , J.P. MORGAN SECURITIES PLC
For this disclosure, —
(a) total number held in class: 10,121,263
(b) total in class: 183,913,614
(c) total percentage held in class: 5.50%
Details of relevant interests
Details for substantial product holder(s)]: Please refer to table below
Nature of relevant interest(s): Please refer to table below
For that relevant interest, —
(a) number held in class: 10,121,263
(b) percentage held in class: 5.50%
(c) current registered holder(s): Please refer to table below
(d) registered holder(s) once transfers are registered: unknown
100080615/3821102.1
2
Legal entity Nature of relevant interest(s)
Number held
in class
Percentage
held in class
Current registered
holder(s)
JPMORGAN CHASE
BANK, N.A.
Purchase and sales of shares in its capacity as
Principal/Proprietary
26
0.00% JPMORGAN CHASE
BANK, N. A
J.P. MORGAN
SECURITIES PLC
Holder of securities subject to an obligation to
return under a securities lending agreement
270,000 0.15%
JPM Nominees
Australia Pty Limited
J.P. MORGAN
SECURITIES
AUSTRALIA LIMITED
Purchase and sales of shares in its capacity as
Principal/Proprietary
85,346 0.05%
Ecapital Nominees
Pty Ltd
J.P. MORGAN
SECURITIES LLC
Re-hypothecation of client securities under a
Prime Brokerage Agreement
9,765,891
5.31%
Citibank NZ
For a derivative relevant interest, also—
(a) type of derivative: Equity Swap
(b) details of derivative:
(1) Long 1155 cash-settled Equity Swap (0.000628% long held in class) maturing on 27 March 2024
(2) Long 118 cash-settled Equity Swap (0.000064% long held in class) maturing on 27 March 2024
(3) Long 260 cash-settled Equity Swap (0.000141% long held in class) maturing on 27 March 2024
(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
Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure: Refer to Appendix attached
Additional information
Address(es) of substantial product holder(s):
Name Address
JPMorgan Chase & Co.
383 Madison Avenue, New York, New York, NY, 10179,
United States
J.P. MORGAN SECURITIES LLC
383 Madison Ave., New York, New York, NY, 10179, United
States
J.P. MORGAN SECURITIES PLC 25 Bank Street, Canary Wharf, London, E14 5JP, England
J.P. MORGAN SECURITIES AUSTRALIA
LIMITED
Level 18, 83-85 Castlereagh Street, Sydney, NSW 2000,
Australia
JPMORGAN CHASE BANK, N.A.
1111 Polaris Parkway, Columbus, Delaware, OH, 43240,
United States
Contact details: APAC_Compliance_DOI_India@jpmorgan.com
100080615/3821102.1
3
*Nature of connection between substantial product holders:
Substantial security holders Nature of association
J.P. MORGAN SECURITIES LLC Subsidiary of JPMorgan Chase & Co.
JPMORGAN CHASE BANK, N.A.
Subsidiary of JPMorgan Chase & Co.
J.P. MORGAN SECURITIES PLC
Subsidiary of JPMorgan Chase & Co.
J.P. MORGAN SECURITIES AUSTRALIA
LIMITED
Subsidiary of JPMorgan Chase & Co.
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, , Vasim Pathan, 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.
TRADES FOR RELEVANT PERIODAppendix
Transaction DateEntityProduct TypeType of TransactionQuantityPrice (NZD)Consideration (in NZD)
Balance at start of relevant period427,759
5-Dec-22J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(1,156)
1.10
1,271.60$
16-Dec-22J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquityBuy2,300
1.10
2,530.00$
16-Dec-22J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(2,300)
1.13
2,599.00$
21-Dec-22J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(250)
1.09
272.50$
4-Jan-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(695)
1.06
736.70$
5-Jan-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(784)
1.05
819.28$
6-Jan-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(705)
1.05
736.73$
9-Jan-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(613)
1.06
646.72$
10-Jan-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(630)
1.06
667.80$
11-Jan-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(386)
1.06
409.16$
12-Jan-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(278)
1.07
297.46$
13-Jan-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(325)
1.07
346.13$
16-Jan-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(486)
1.07
517.59$
17-Jan-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(583)
1.07
620.90$
18-Jan-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(560)
1.07
596.40$
19-Jan-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(620)
1.08
666.50$
20-Jan-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(672)
1.07
715.68$
20-Jan-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquityBuy500
1.08
537.50$
20-Jan-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(500)
1.08
537.50$
23-Jan-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(752)
1.08
808.40$
24-Jan-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(772)
1.08
829.90$
25-Jan-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(891)
1.09
966.74$
27-Jan-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(711)
1.07
757.22$
30-Jan-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(699)
1.07
747.93$
31-Jan-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(846)
1.05
888.30$
1-Feb-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(972)
1.06
1,030.32$
2-Feb-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(953)
1.06
1,010.18$
3-Feb-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(984)
1.06
1,043.04$
6-Feb-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(966)
1.06
1,019.13$
7-Feb-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(961)
1.06
1,013.86$
9-Feb-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(927)
1.06
982.62$
10-Feb-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(874)
1.07
930.81$
13-Feb-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(756)
1.07
805.14$
14-Feb-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(804)
1.06
852.24$
15-Feb-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(933)
1.06
984.32$
16-Feb-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(898)
1.06
947.39$
17-Feb-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(752)
1.06
793.36$
20-Feb-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(736)
1.04
765.44$
21-Feb-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquityBuy5,568
1.04
5,790.72$
21-Feb-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(2,580)
1.04
2,670.30$
22-Feb-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(2,308)
1.04
2,400.32$
22-Feb-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(945)
1.04
982.80$
23-Feb-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquityBuy13
1.05
13.65$
23-Feb-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(693)
1.04
720.72$
23-Feb-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquitySell(953)
1.04
994.01$
24-Feb-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquityBuy685
1.05
719.25$
27-Feb-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquityBuy734
1.06
774.37$
28-Feb-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquityBuy786
1.06
833.16$
1-Mar-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquityBuy844
1.10
924.18$
2-Mar-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquityBuy809
1.10
885.86$
13-Mar-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquityBuy401
1.00
401.00$
27-Mar-23J.P. MORGAN SECURITIES LLCEquityOn-Lend9,714,540
-
-$
27-Mar-23J.P. MORGAN SECURITIES AUSTRALIA LIMITEDEquity SwapAdjustment1,533
-
-$
Balance at end of relevant period10,121,263
1/1
Appendix: Prescribed information pursuant to securities lending transaction disclosed under the
substantial shareholding notice filed with ASX.
Date:
29-Mar-2023
Company’s name: NZME LTD
ISIN: NZNZME0001S0
Date of change of
relevant interests:
27-Mar-2023
Schedule
Type of agreement Global Master Securities Lending Agreement ("GMSLA")
Parties to
agreement
J.P. Morgan Securities Plc ("borrower") and Citibank N.A. acting as Agent ("lender")
Transfer date
Settlement Date:
07-Dec-2022
20-Dec-2022
20-Mar-2023
Holder of voting
rights
Borrower
Are there any
restriction on
voting rights
Yes
If yes, detail
The borrower undertakes to use its best endeavours to arrange for the voting rights to be
exercised in accordance with the instructions of the lender, provided that the lender uses its
best endeavours to notify the borrower of its instructions in writing no later than 7 business
days prior to the date upon which such votes are exercisable or as otherwise agreed between
the parties. This undertaking is set out in clause 4(B)(vi) of the standard form OSLA.
Scheduled return
date (if any)
None
Does the borrower
have the right to
return early?
Yes
If yes, detail
Borrower has right to return all and any equivalent securities early at any time in accordance
with the lender’s instructions.
Does the lender
have the right to
recall early?
Yes
If yes, detail
Lender has right to recall all or any equivalent securities at any time by giving notice on any
business day of not less than the standard settlement time for such equivalent securities on
the exchange or in the clearing organisation through which the relevant borrowed securities
were originally delivered. The borrower must return the securities not later than the expiry
of such notice in accordance with the lender’s instructions.
Will the securities
be returned on
settlement?
Yes
If yes, detail any
exceptions
No exceptions
Statement
If requested by the company to whom the prescribed form must be given, or if requested by
ASIC, a copy of the agreement will be given to that company or ASIC.
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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