SPH Notice - Salt Funds Management Limited
100080615/3821107.1 1
Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To NZX Ltd
and
To Argosy Property Limited
Date this disclosure made: 29 May 2025
Date last disclosure made: 02 March 2023
Date on which substantial holding ceased: 27 May 2025
Substantial product holder(s) giving disclosure
Full name(s): Salt Funds Management Limited
Summary of previous substantial holding
Class of quoted voting products: Argosy Property Limited Ordinary Shares (ARG)
Summary for Salt Funds Management Limited
For last disclosure,—
(a) total number held in class: 44,429,493
(b) total in class: 846,723,895
(c) total percentage held in class: 5.247%
For current holding after ceasing to have substantial holding,—
(a) total number held in class: 42,779,170
(b) total in class: 856,546,809
(c) total percentage held in class: 4.994%
100080615/3821107.1 2
Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure:
Transaction Type Period Shares/Units Consideration
On-market purchases
08/03/2023 –
30/04/2025
19,466,894 -$20,758,679.45
On-market sales
01/03/2023 –
27/05/2025
-19,475,250 $21,614,186.78
In-Specie Transfers
14/03/2024 –
09/12/2024
-3,109,461
DRP
18/12/2024-
26/03/2025
1,467,494
Total: -1,650,323 $855,507.33
Additional information
Address(es) of substantial product holder(s):
Level 3, The Imperial Buildings
44 Queen Street
Auckland 1050
Contact details:
Claire MacRae
+64 9 869 5123
Claire.macrae@saltfunds.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: N/A
Certification
I, Claire MacRae, 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.
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.
- NZL — New Zealand Rural Land Company Limited: SPH Notice - Salt Funds Management Limited2025-05-19
“100080615/3821102.1 1 Disclosure of beginning to have substantial holding Section 276, Financial Markets Conduct Act 2013 Note: This form must be completed in accordance with the instructions at the end of the form. To NZX Limited and To New Zealand Rural Land Company Li…”
- NZL — New Zealand Rural Land Company Limited: SPH Notice - Salt Funds Management Limited2025-06-12
“100080615/3821103.1 Disclosure of movement of 1% or more in substantial holding or change in nature of relevant interest, or both Sections 277 and 278, Financial Markets Conduct Act 2013 To NZX Limited and To New Zealand Rural Land Company Limited Relevant event being dis…”
- TWR — Tower Limited: SPH Notice - Salt Funds Management Limited2025-04-02
“100080615/3821102.1 1 Disclosure of beginning to have substantial holding Section 276, Financial Markets Conduct Act 2013 To NZX Limited and To Tower Limited Date this disclosure made: 03 April 2025 Date on which substantial holding began: 01 April 2025 Substantial produ…”