SPH Notice - Forsyth Barr Investment Management Limited

1

Disclosure of movement of 1% or more in substantial holding or change in nature of relevant
interest, or both
Section 277 and 278, Financial Markets Conduct Act 2013
To: NZX Limited
and
To: Skellerup Holdings Limited
Relevant event being disclosed: Movement of 1% or more in substantial
holding
Date of relevant event: 11 October 2024
Date of this disclosure: 15 October 2024
Date last disclosure made: 10 June 2024
Substantial product holder(s) giving
disclosure:

Full name(s):
Forsyth Barr Investment Management Limited
(FBIM)


Summary of substantial holding

Class of quoted voting products: Shares in Skellerup Holdings Limited (SKL)
Summary for FBIM
For this disclosure,—
(a) total number held in class: 22,015,996
(b) total in class: 196,071,582
(c) total percentage held in class:

11.229%
For last disclosure,—
(a) total number held in class: 19,835,496
(b) total in class: 196,071,582
(c) total percentage held in class:

10,116%%

2

Details of transactions and events giving rise to relevant event
Date of
event
Nature of
event
Consideration Number of
financial
products
Current
registered
holder(s)
Registered
holder(s) once
transfers are
registered
6 June
2024 –
11
October
2024
On-market
sales
$2,726,114 669,780
Trustees
Executors
Limited (“TEL”)
(55,000)
Forsyth Barr
Custodians
Limited
(“FBCL”)
(614,780)
Unknown
On-market
purchases
$9,967,867 2,240,877 Unknown
TEL (204,107)
FBCL
(2,036,770)
Off-market
transfers out
of DIMS
Nil 208,669 FBCL Unknown
Off-market
transfers
into DIMS
Nil 834,620 Unknown FBCL
Securities
sold or
transferred
out but yet
to be
allocated to
a transaction
- 16,548 Unknown Unknown

Details after relevant event
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
and/or Forsyth Barr Limited are a party in their
capacity as a providers of discretionary
investment management services (DIMS) and
to which Forsyth Barr Investment Management
Limited is a party as manager of managed
investment schemes (MIS). The relevant
interest arises only from the powers of
investment contained in those agreements,
including the power to control the exercise of
the right to vote attached to the shares and to
control the disposal of the shares.

3

Pursuant to regulation 142, a relevant
agreement document need not be attached
under regulation 139.
For that relevant interest,—
(a) number held in class: 22,015,996
(b) percentage held in class: 11.229%
(c) current registered holder(s): See above
(d) registered holder(s) once transfers are
registered:
See above
For a derivative relevant interest, also—
(a) type of derivative: Not applicable
(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

Additional Information

Address(es) of substantial product holder(s): Forsyth Barr House, The Octagon, Dunedin
Contact details: Jeremiah Craig
T: +64 9 368 0060
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, Jeremiah Craig, 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.