SPH Notice – Spheria Asset Management Pty Ltd

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 Michael H ill International Limited
Relevant event being disclosed: Disclosure of movement of 1% or more in
substantial holding
Date of relevant event: 28/04/202
Date this disclosure made: 03/05/2023
Date last disclosure made: 7/11/2022
Substantial product holder(s) giving disclosure
Full name(s): Spheria Asset Management Pty Ltd
Summary of s ubstantial holding
Class of quoted voting products: Ordinary share
Summary for [name of substantial product holder(s)]
For this disclosure,—
(a)total number held in class: 44,034,477
(b)total in class: 379,688,884
(c)total percentage held in class: 11.60%
For
last disclosure,—
(a)total number held in class: 48,111,063
(b)total in class: 381,423,116
(c)total percentage held in class: 12.61%
De
tails of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure: Please see appendix B
Details after relevant event
Details for Spheria Asset Management Pty Ltd
Nature of relevant interest(s): Spheria Asset Management Pty Ltd in its capacity as
investment manager has the power to control voting and/or disposal of securities.

2
For that relevant interest,—
Please see Appendix A and C
For a derivative relevant interest,— N/A
Additional information
Address(es) of substantial product holder(s): Spheria Asset Management Pty Ltd
Address: Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Contact details: James Habib
Email: Risk.Compliance@pinnacleinvestment.com
*Nature of connection between substantial product holders: N/A
*Omit if disclosure is made for only 1 substantial product holder.
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
*Disclosure has effect for purposes of directors’ and senior managers’ disclosure
Matt Booker is also a Director of Spheria Asset Management Pty Ltd This disclosure
also constitutes disclosure for the purposes of the directors’ and senior managers’
disclosure obligations.
*Omit if inapplicable (see section 302 of the Financial Markets Conduct Act 2013).
Certification
I, Matt Booker, 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.
Matthew Booker
Director
03/05/2023

MICHAEL HILL INTERNATIONAL L
Annexure A
Holder of relevant interestNature of relevant interestNumber of
securities
Class of securities
Spheria Asset Management Pty LtdSpheria Asset Management Pty Ltd in its capacity as
investment manager has the power to control voting and/or
disposal of securities.
44,034,477ORDINARY FULLY
PAID
This is Annexure "A" as mentioned in form 604 Notice of change of interests of substantial holder
Matthew Booker
Director
Date: 03/05/2023

MICHAEL HILL INTERNATIONAL L
Annexure B
Date of
change
Person whose relevant
interest changed
Nature of
change
Class of Securities Number of
securities
Person's votes
affected
CashNon-cash
04/11/2022Spheria Asset ManagementSale2,612,979.15-$ ORDINARY FULLY PAID 2,153,492- 2,153,492-
07/11/2022As aboveSale122,764.92-$ ORDINARY FULLY PAID 99,604- 99,604-
15/11/2022As aboveSale385,184.56-$ ORDINARY FULLY PAID 320,482- 320,482-
18/11/2022As aboveSale96,950.17-$ ORDINARY FULLY PAID 81,634- 81,634-
20/12/2022As aboveSale983,529.00-$ ORDINARY FULLY PAID 900,000- 900,000-
21/12/2022As aboveSale16,847.11-$ ORDINARY FULLY PAID 15,370- 15,370-
04/01/2023As aboveSale3,425.55-$ ORDINARY FULLY PAID 3,149- 3,149-
05/01/2023As aboveSale47,498.31-$ ORDINARY FULLY PAID 44,908- 44,908-
20/02/2023As abovePurchase22,113.10$ ORDINARY FULLY PAID 23,988 23,988
09/03/2023As aboveSale152,618.50-$ ORDINARY FULLY PAID 150,000- 150,000-
20/04/2023As aboveSale73,830.48-$ ORDINARY FULLY PAID 73,517- 73,517-
24/04/2023As aboveSale165,886.76-$ ORDINARY FULLY PAID 168,000- 168,000-
27/04/2023As aboveSale803.94-$ ORDINARY FULLY PAID 815- 815-
28/04/2023As aboveSale88,529.56-$ ORDINARY FULLY PAID 89,603- 89,603-
This is Annexure "B" as mentioned in form 604 Notice of change of interests of substantial holder
Matthew Booker
Director
Date: 03/05/2023
Consideration

MICHAEL HILL INTERNATIONAL L
Annexure C
Holder of relevant interestRegistered holder of securitiesPerson entitled to be
registered as holder
Number of
securities
Class of
securities
Person's votes
Spheria Asset ManagementBNP ParibasBNP Paribas3,865,719 Ordinary fully paid3,865,719
Spheria Asset ManagementBNP Paribas Securities ServicesBNP Paribas Securities
Services
3,691,896 Ordinary fully paid3,691,896
Spheria Asset ManagementCitibankCitibank17,764,460 Ordinary fully paid17,764,460
Spheria Asset ManagementJP Morgan Chase BankJP Morgan Chase Bank7,235,308 Ordinary fully paid7,235,308
Spheria Asset ManagementNAB Custodial ServicesNAB Custodial Services948,932 Ordinary fully paid948,932
Spheria Asset ManagementNorthern TrustNorthern Trust10,528,162 Ordinary fully paid10,528,162
This is Annexure "C" of 1 page as mentioned in form 604 Notice of change of interests of substantial holder
Matthew Booker
Director
Date: 03/05/2023

MICHAEL HILL INTERNATIONAL L
Annexure D
NameAddress
Spheria Asset Management Pty LtdLevel 19, 307 Queen St, Brisbane QLD 4000, Australia
This is Annexure "D" as mentioned in form 604 Notice of change of interests of substantial holder
Matthew Booker
Director
Date: 03/05/2023