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SPH Notice – Repertoire Partners LP

Substantial Holder Notice19 April 2023NZMCommunication Services

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 ASX and NZX

and

To NZME Limited (NZM)

Relevant event being disclosed: Increase of greater than 1% move in substantial

holding

Date of relevant event: 31/03/2023

Date this disclosure made: 18/04/2023

Date last disclosure made: 20/06/2022

Substantial product holder(s) giving disclosure

Full name(s): Repertoire Partners LP

Summary of substantial holding

Class of quoted voting products: ORDINARY SHARES

Summary for Repertoire Partners LP

For this disclosure,—

(a) total number held in class: 22,829,094 / 36,689,784 (incl cash-settled swaps)

(b) total in class: 183,913,614

(c) total percentage held in class: 12.413% (19.949% incl cash-settled swaps)

For last disclosure,—

(a) total number held in class: 22,229,678 / 36,090,368 (incl cash-settled swaps)

(b) total in class: 193,557,537

(c) total percentage held in class: 11.485% (18.646% incl cash-settled swaps)


Details of relevant interest

Repertoire Partners LP (“Repertoire”) is the investment manager of Repertoire

Master Fund LP (the “Master Fund”) and Repertoire Supplement LP (the

“Supplement Fund”), and Deepak Sarpangal is the Managing Partner of

Repertoire.


2

Nature of relevant interest(s): Deemed relative interest in ordinary shares and derivative

relevant interest over quoted underlying based on ownership percentage

For that relevant interest,—

(a) number held in class: see above

(b) percentage held in class: see above

(c) current registered holder(s): Repertoire Partners LP (ordinary shares), UBS

Group AG and its related bodies corporate (derivative relevant interests)

(d) registered holder(s) once transfers are registered: Not applicable

For a derivative relevant interest, also—

(a) type of derivative: equity swap

(b) details of derivative: These derivatives are all cash settled, and the notional

number of underlying shares is 13,860,690

(c) parties to the derivative: Repertoire Partners LP, Repertoire Master Fund LP,

UBS Group AG

(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

Details of transactions and events giving rise to substantial holding Details of the

transactions or other events requiring disclosure: On 31/03/2023 Repertoire Partners LP

acquired ordinary shares resulting in a greater than 1% voting interest in NZME Limited

(NZM) since its last disclosure. Please see details below:

On market acquisitions (no dispositions) since last disclosure (including transaction dates

from 01/01/2023-31/03/2023) in aggregate comprised 362,108 ordinary shares purchased

for cash consideration of AUD$379,277.

Additional information Address(es) of substantial product holder(s): 31 Hudson Yards, 11th

Floor, Suite 43, New York, NY 10001; 345 California Street, Suite 600, San Francisco, CA

94104

Contact details: Deepak Sarpangal, Managing Partner, Repertoire Partners LP; 415-677-

7050; info@repertoirepartners.com

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, Deepak Sarpangal, 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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