New Zealand Rural Land Company Limited logo

SPH Notice - Westpac Banking Corporation

Substantial Holder Notice27 May 2025NZLReal Estate

1
Disclosure of ceasing to have substantial holding

Section 279, Financial Markets Conduct Act 2013

To: NZX Limited

and

To: New Zealand Rural Land Company Limited

Date this disclosure made: 27 May 2025

Date last disclosure made: 21 May 2025

Date on which substantial holding ceased: 26 May 2025

Substantial product holder(s) giving disclosure

Full name(s): Westpac Banking Corporation (including the related bodies corporate specified

in the Annexure)

Summary of previous substantial holding

Class of quoted voting products: New Zealand Rural Land Company Limited (NS) Ordinary Shares

Summary for Westpac Banking Corporation (including the related bodies corporate specified

in the Annexure)

For last disclosure,—

(a) total number held in class: 7,320,199

(b) total in class: 145,024,724

(c) total percentage held in class: 5.05%

For current holding after ceasing to have substantial holding,—

(a) total number held in class: 7,230,706

(b) total in class: 145,024,724

(c) total percentage held in class: 4.98%

Details of transactions and events giving rise to ceasing of substantial holding

Details of the transactions or other events requiring disclosure: Refer Annexure


Additional information

Address(es) of substantial product holder(s):

Westpac Banking Corporation, Level 18, Westpac Place, 275 Kent Street, Sydney, NSW

2000, Australia

BT Funds Management (NZ) Limited, 16 Takutai Square, Auckland 1010, New Zealand

Westpac Wholesale Property Trust, C/O The New Zealand Guardian Trust Company Limited,

Auckland, 1010, NZ



2

Contact details:

Tim Hartin

Company Secretary

Phone: +61 (2) 9155 7713


Nature of connection between substantial product holders: The entities specified in the Annexure

are related bodies corporate of Westpac Banking Corporation.

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

Disclosure has effect for purposes of directors’ and senior managers’ disclosure: Not applicable


Certification

I, Tim Hartin, 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.



3

ANNEXURE 1

DISCLOSURE OF CEASING TO HAVE SUBSTANTIAL HOLDING

Westpac Banking Corporation and related bodies corporate

DATED 27 May 2025

Name of type of shares New Zealand Rural Land Company Limited

Ordinary Shares

Percentage held 4.98%


Relevant related body corporate:

Westpac Banking Corporation

Various unit trusts managed by BT Funds

Management (NZ) Limited

Registered holder 1: Westpac Wholesale Property Trust

Holding 1: 7,230,706

Dates: Ceasing to have substantial holding on 26 May

2025

Transaction type Period Shares Consideration

On-market purchase 16/05/2025 –

26/05/2025

476 $437.63

On-market sale 16/05/2025 –

26/05/2025

89,969 $85,470.55

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

Other issuers discussed similar conditions around this time

Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.