SPH Notice – Harbour Asset Management Limited

041898866/4160982.2
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 New Zealand Rural Land Company Limited (NZL)
Relevant event being disclosed:
Disclosure of movement of 1% or more in substantial
holding
Date of relevant event: 12 May 2023
Date this disclosure made: 15 May 2023
Date last disclosure made: 23 March 2023

Substantial product holder(s) giving disclosure
Full name(s): Harbour Asset Management Limited.
Includes details of related body corporate Jarden
Securities Limited


Summary of substantial holding:
Harbour Asset Management Limited:
Class of quoted voting products:
Ordinary Shares (Shares)
Summary for: Harbour Asset Management Limited only
For this
disclosure -
(a) total number held in class: 7,988,348
(b) total in class: 139,902,398
(c) total percentage held in class: 5.710%
For last
disclosure -
(a) total number held in class: 9,944,925
(b) total in class: 138,977,554
(c) total percentage held in class: 7.156%

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Summary of substantial holding:
Related Body Corporate - Jarden Securities Limited:
Class of quoted voting products:
Ordinary shares (Shares)
Summary for: Jarden Securities Limited only (includes DIMS
service)
For this
disclosure -
(a) total number held in class: 3,223,817
(b) total in class: 139,902,398
(c) total percentage held in class: 2.304%
For last
disclosure -
(a) total in class: 3,071,781
(b) total in class: 138,977,554
(c) total percentage held in class: 2.210%





Summary of substantial holdings:
Including All Related Bodies Corporate:
Class of quoted voting products:
Ordinary shares (Shares)
Summary for: Harbour Asset Management Limited and Jarden
Securities Limited
For this
disclosure -
(a) total number held in class: 11,212,165
(b) total in class: 139,902,398
(c) total percentage held in class: 8.014%
For last
disclosure -
(a) total number held in class: 13,016,706
(b) total in class: 138,977,554
(c) total percentage held in class: 9.366%

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Details of transactions and events giving rise to relevant event:
The transactions giving rise to this relevant event are on-market purchases and sales, and net transfers into DIMS Service by the respective related
bodies corporate since the last relevant event on 22 March 2023, as summarised in the table below:

Details for: Harbour Asset Management
Limited
Jarden Securities Limited Jarden Securities Limited (DIMS)
Nature of relevant
interest(s):
As fund manager, the power to
exercise (or control the exercise of)
a right to vote attached to, and
power to acquire or dispose of (or
control the acquisition or disposal
of), the Shares, under investment
powers contained in investment
management agreements with
clients (the beneficial owners of the
product) or managed fund trust
deeds.
As beneficial owner, through
normal on-market trading
activity, with the power to
exercise (or control the
exercise of) a right to vote
attached to, and power to
acquire or dispose of (or
control the acquisition or
disposal of), the Shares.
Jarden Securities Limited has, as
provider of discretionary investment
management services (DIMS) under
various investment management
agreements with clients (the beneficial
owners of the product), the power to
exercise (or control the exercise of) a
right to vote attached to, and power to
acquire or dispose of (or control the
acquisition or disposal of), the Shares.
On-market purchases –
Number of Shares
Nil 213,759 Nil
On-market purchases –
Gross Consideration
Nil $194,859 Nil
On-market sales –
Number of Shares
1,956,577 374,179 127,224
On-market sales –
Gross Consideration
$1,699,398 $342,327 $118,103
Allotment of Shares on
22/3/23 at $1 per Share
under retail offer
N/A N/A 439,680

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Details after relevant event:
Details for:
Harbour Asset Management
Limited
Jarden Securities Limited Jarden Securities Limited (DIMS)
Nature of relevant
interest(s):
As fund manager, the power to
exercise (or control the exercise of)
a right to vote attached to, and
power to acquire or dispose of (or
control the acquisition or disposal
of), the Shares, under investment
powers contained in investment
management agreements with
clients (the beneficial owners of the
product) or managed fund trust
deeds.
As beneficial owner, through
normal on-market trading
activity, with the power to
exercise (or control the
exercise of) a right to vote
attached to, and power to
acquire or dispose of (or
control the acquisition or
disposal of), the Shares.
Jarden Securities Limited has, as
provider of discretionary investment
management services (DIMS) under
various investment management
agreements with clients (the beneficial
owners of the product), the power to
exercise (or control the exercise of) a
right to vote attached to, and power to
acquire or dispose of (or control the
acquisition or disposal of), the Shares.
For that relevant event:
Number held in class after
the relevant event:
7,988,348 98,807 3,125,010
Percentage held in class:
5.710% 0.070% 2.234%
Current registered holder of
financial products:
Various nominees or custodians for
and on behalf of Harbour Asset
Management Limited
Jarden Securities Limited FNZ Custodians Limited (as sub-
custodian of Jarden Custodial Services
Limited)
Registered holder of
financial products once
transfer is registered:
Various nominees or custodians for
and on behalf of Harbour Asset
Management Limited and unknown
Jarden Securities Limited and
unknown
FNZ Custodians Limited (as sub-
custodian of Jarden Custodial Services
Limited) and unknown

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Additional information:

Address(es) of substantial
product holder(s):
Level 14, 171 Featherston Street, Wellington
Contact details:
Shane Willett
+ 64 4 496 5334
shane.willett@jarden.co.nz
Nature of connection
between substantial product
holders:
Harbour Asset Management Limited and Jarden
Securities Limited are related bodies corporate.

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: none.

Certification:
I, Shane Willett, 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.