SPH Notice – Jarden & Harbour Asset Management

Disclosure of ceasing to have substantial holding – by Jarden Partners Limited
Section 279, Financial Markets Conduct Act 2013
and
Disclosure of movement of 1% or more in substantial holding or change in
nature of relevant interest, or both – by all related bodies corporate
Sections 277 and 278, Financial Markets Conduct Act 2013

To NZX Limited
and
To
Precinct Properties New Zealand Limited and Precinct
Properties Investments Limited (PCT)
Relevant event being disclosed:
Disclosure of ceasing to have substantial holding by
Jarden Partners Limited.
Disclosure of movement of 1% or more in substantial
holding by all related bodies corporate.
Date of relevant event: 4 March 2024
Date this disclosure made: 5 March 2024
Date last disclosure made: 29 February 2024

Substantial product holder(s) giving disclosure
Full name(s):
Jarden Partners Limited.
Notice also includes related bodies corporate: Harbour
Asset Management Limited and Jarden Securities
Limited.


Summary of substantial holding:
Jarden Partners Limited only:
Class of quoted voting products:
Ordinary Shares – Stapled Securities
Summary for: Jarden Partners Limited
For this
disclosure -
(a) total number held in class: Nil
(b) total in class: 1,586,352,542
(c) total percentage held in class: Nil
For last
disclosure -
(a) total number held in class: 237,889,419
(b) total in class: 1,586,352,542
(c) total percentage held in class: 14.996%

Related Body Corporate - Harbour Asset Management Limited only:
Class of quoted voting products:
Ordinary Shares – Stapled Securities
Summary for: Harbour Asset Management Limited
For this
disclosure -
(a) total number held in class:
62,599,732
(b) total in class:
1,586,352,542
(c) total percentage held in class:
3.946%
For last
disclosure -
(a) total in class:
42,324,529
(b) total in class:
1,586,352,542
(c) total percentage held in class:
2.668%


Related Body Corporate - Jarden Securities Limited only:
Class of quoted voting products:
Ordinary Shares – Stapled Securities
Summary for: Jarden Securities Limited (includes DIMS service)
For this
disclosure -
(a) total number held in class:
34,504,239
(b) total in class:
1,586,352,542
(c) total percentage held in class:
2.175%
For last
disclosure -
(a) total in class:
32,557,453
(b) total in class:
1,586,352,542
(c) total percentage held in class:
2.052%


Including All Related Bodies Corporate:
Class of quoted voting products:
Ordinary Shares – Stapled Securities
Summary for: Jarden Partners Limited, Jarden Securities Limited
and Harbour Asset Management Limited.
For this
disclosure -
(a) total number held in class:
97,103,971
(b) total in class:
1,586,352,542
(c) total percentage held in class:
6.121%
For last
disclosure -
(a) total number held in class:
312,771,401
(b) total in class:
1,586,352,542
(c) total percentage held in class:
19.716%

Details of transactions and events giving rise to relevant event:
The transaction giving rise to the ceasing disclosure is the completion of the underwrite by Jarden Partners Limited pursuant to the Block Trade
Agreement, disclosed on 28 February 2024.
The transactions giving rise to the 1% or more movement in substantial holding disclosure include the completion of the underwrite by Jarden
Partners Limited, participation in the Block Trade and normal on-market trading activity by Harbour Asset Management Limited and Jarden Securities
Limited, with Harbour Asset Management Limited increasing its holding by more than 1% in PCT shares.

Details after relevant event:
Details for:
Jarden Partners Limited
Harbour Asset
Management Limited
Jarden Securities Limited
Jarden Securities Limited
(DIMS)
Nature of relevant
interest(s):
N/A 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:
Nil 62,599,732
Nil 34,504,239
Percentage held in class: Nil 3.946% Nil 2.175%
Current registered holder
of financial products:
Haumi Company
Limited (acting in its
capacity as the general
Various nominees or
custodians for and on
behalf of Harbour Asset
Jarden Securities Limited,
Haumi Company Limited,
and unknown
FNZ Custodians Limited (as
sub-custodian of Jarden
Custodial Services Limited),

partner of Haumi (NZ)
Limited Partnership)
Management Limited,
Haumi Company Limited,
and unknown
Haumi Company Limited,
and unknown
Registered holder of
financial products once
transfer is registered:
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) and other
purchasers of Shares
under the Block Trade
Agreement.
Various nominees or
custodians for and on
behalf of Harbour Asset
Management Limited and
unknown
unknown
FNZ Custodians Limited (as
sub-custodian of Jarden
Custodial Services Limited)
and unknown

Additional information:

Address(es) of substantial
product holder(s):
Level 21, 171 Featherston Street, Wellington
Contact details:
Shane Willett
+ 64 04 496 5334
shane.willett@jarden.co.nz
Nature of connection
between substantial product
holders:
Jarden Partners Limited, Jarden Securities Limited, and
Harbour Asset Management 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: Haumi Company Limited (acting in its capacity as
the general partner of Haumi (NZ) Limited Partnership).

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.