SPH Notice - FirstCape Group Limited

100080615/3821107.1 1
Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To NZX Limited
and
To Heartland Group Holdings Limited (HGH)
Date this disclosure made: 19 February 2025
Date last disclosure made: 01 May 2024
Date on which substantial
holding ceased:
18 February 2025


Substantial product holder(s) giving disclosure
Full name(s): FirstCape Group Limited


Summary of substantial holding:
Class of quoted voting products: Ordinary Shares (Shares)
Summary for: FirstCape Group Limited
For last disclosure
(a) total number held in class: 51,151,997
(b) total in class: 930,561,329
(c) total percentage held in class: 5.545%
For current holding
after ceasing to
have a substantial
holding
(a) total number held in class: 46,358,522
(b) total in class: 937,419,279
(c) total percentage held in class: 4.945%

Details of Relevant Interests
:
Nature of relevant interest(s):
Relevant interest in Shares that its wholly-owned subsidiary
Jarden Wealth Limited has a relevant interest in. Jarden
Wealth Limited has the power to exercise (or control the
exercise of) rights
to vote attached to, and power to acquire or
dispose of (or control the acquisition or disposal of), Shares
under the terms of investment management agreements with
clients (who are the beneficial owners of the Shares).
FirstCape Group Limited has those powers and controls
indirectly, as the ultimate owner of Jarden Wealth Limited.
Number held in class:
33,371,156

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Percentage held in class:
3.560%
Current registered holder of
financial products:
For on-market purchases: Unknown
For on-market sales: FNZ Custodians Limited
Registered holder of financial
products once transfer is
registered:
For on-market purchases: FNZ Custodians Limited
For on-market sales: Unknown

Nature of relevant interest(s):
Relevant interest in Shares that its wholly-owned subsidiary
Harbour Asset Management Limited (Harbour) has a
relevant interest in. Harbour has the power to exercise (or
control the exercise of) rights to vote attached to, and power
to acquire or dispose of (or control the acquisition or disposal
of), Shares under investment powers contained in trust deeds
or investment management agreements with clients, including
BNZ Investments Services Limited (see below). FirstCape
Group Limited has those powers and controls indirectly, as the
ultimate owner of Harbour.
Number held in class:
12,987,366
Percentage held in class:
1.385%
Current registered holder of
financial products:
For on market purchases: Unknown
For on market sales: Various nominees or custodians for and
on behalf of Harbour Asset Management Limited
Registered holder of financial
products once transfer is
registered:
For on market purchases: Various nominees or custodians for
and on behalf of Harbour Asset Management Limited
For on market sales: Unknown

Nature of relevant interest(s):
Relevant interest in Shares that its wholly-owned subsidiary
BNZ Investments Services Limited (BNZIL) has a relevant
interest in. BNZIL has a beneficial ownership interest in these
shares, which are managed by Harbour under an investment
management agreement, so are also included in Harbour’s
interest referred to above.
Number held in class:
4,628,531
Percentage held in class:
0.494%
Current registered holder of
financial products:
For on market purchases: Unknown
For on market sales: Various nominees or custodians for and
on behalf of Harbour Asset Management Limited
Registered holder of financial
products once transfer is
registered:
For on market purchases: Various nominees or custodians for
and on behalf of Harbour Asset Management Limited
For on market sales: Unknown

100080615/3821107.1 3
Details of t ransactions and e vents g iving r ise to substantial holding:
The transactions/events giving rise to this disclosure obligation are on-market buy/sell
trades and off market transfers by FirstCape Group Limited since the 01/05/2024 until
18/02/2025, as summarised in the table below.

Details for: Jarden Wealth Limited
Harbour (including BNZ
Investment Services
Limited)
BNZ Investment
Services Limited
(included in
Harbour’s figures)
On-market
purchases –
number of shares
1,748,062 4,852,461 1,255,765
On-market
purchases –
gross
consideration
$1,816,751.14 $4,934,361.25 $1,258,364.68
On-market
sales – number
of shares
8,156,615 3,172,305 1,406,461
On-market sales
– gross
consideration
$8,306,005.87 $3,134,674.09 $1,346,134.35
Net Shares
transferred out of
DIMS service
65,078 N/A N/A

Additional information
Address of substantial product
holder:
Level 21, 171 Featherston Street, Wellington
Contact details:
Madeleine Pumphrey
M +64 27 376 8309
Madeleine.pumphrey@jbwere.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: None.
Certification
I, Madeleine Pumphrey, 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.