SPH Notice – Forsyth Barr Investment Management Limited

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Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013
To: NZX Limited
and
To: Precinct Properties New Zealand Limited
Date this disclosure made: 3 April 2024
Date on which substantial holding began: 31 March 2024
Substantial product holder(s) giving
disclosure:

Forsyth Barr Investment Management
Limited

Summary of substantial holding
Class of quoted voting products: PCT 21/09/2026 7.56% Convertible Notes
(PCTHB) (the “Notes”)
Summary for Forsyth Barr Investment Management Limited
For this disclosure,—
(a) total number held in class: 3,349,000
(b) total in class: 65,000,000
(c) total percentage held in class:

5.152%
Details of relevant interests
Details for Forsyth Barr Investment Management Limited
Nature of relevant interest(s):

The relevant interest arises under various
investment management agreements to which
Forsyth Barr Investment Management Limited
is a party in its capacity as a provider of
discretionary investment management
services (“DIMS”). The relevant interest arises
only from the powers of investment contained
in those agreements, including the power to
control the disposal of the Notes. A relevant
agreement document need not be attached
under regulation 139.
For that relevant interest,—
(a) number held in class: 3,349,000
(b) percentage held in class: 5.152%
(c) current registered holder(s): Not applicable
(d) registered holder(s) once transfers are
registered:
Forsyth Barr Custodians Limited
For a derivative relevant interest, also—
(a) type of derivative: Not applicable

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(b) details of derivative: Not applicable
(c) parties to the derivative: Not applicable
(d) if the substantial product holder is not a
party to the derivative, the nature of the
relevant interest in the derivative:

Not applicable
Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure in the period 1 December 2023
– 31 March 2024.
Date of
event
Nature of
event
Consideration
Number of
financial
products
Current
registered
holder(s)
Registered
holder(s) once
transfers are
registered
1
December
2023 –
31 March
2024
On-market
sales
$47,826 47,000
Forsyth Barr
Custodians
Limited
(“FBCL”)
Unknown
On-market
purchases
$92,125 90,000 Unknown FBCL
Off-market
transfers
out
of DIMS
Nil 9,900 FBCL Unknown
Off-market
transfers
into DIMS
Nil 169,900 Unknown FBCL


Additional information
Address(es) of substantial product holder(s): Forsyth Barr House, The Octagon, Dunedin
Contact details: Amanda Koo
T: +64 (9) 918 9118
E: compliance@forsythbarr.co.nz
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, Amanda Koo, 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.