SPH Notice - Macquarie Group Limited
1
Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013
To NZX Limited
and
To Contact Energy Limited
Date this disclosure made: 20 May 2026
Date on which substantial holding began: 20 May 2026
Substantial product holder(s) giving disclosure
Full name(s): Macquarie Group Limited & and its controlled bodies corporate listed in
Annexure A (Macquarie Group Entities)
Summary of substantial holding
Class of quoted voting products: Ordinary Shares
Summary for Macquarie Group Entities
For this disclosure, —
(a) total number held in class: 53,961,905
(b) total in class: 1,070,627,153
(c) total percentage held in class: 5.04%
Details of relevant interests
Details for MACQUARIE BANK LIMITED
Nature of relevant interest(s): Power to control the exercise of a right to vote attached to
securities and/or control disposal of securities.
For that relevant interest, —
(a) number held in class: 430,547
(b) percentage held in class: 0.04%
(c) current registered holder(s): Macquarie Bank Limited
(d) registered holder(s) once transfers are registered: Unknown
2
Details of relevant interests
Details for MACQUARIE SECURITIES (NZ) LIMITED
Nature of relevant interest(s): On 20 May 2026, Infratil Investments Limited (“Infratil
Investments”) entered into a letter agreement (the "Agreement") with Macquarie Securities
(NZ) Limited (the "Underwriter") under which Infratil Investments appointed the Underwriter
to underwrite, sell and manage the disposal of 53,531,358 ordinary shares in Contact Energy
Limited (“CEN”) currently held by Infratil Investments. A copy of the Agreement which
comprises 11 pages is attached to this notice (see Annexure B).
Settlement of the transaction, expected to occur on 25 May 2026, is underwritten and
guaranteed by the Underwriter. As a consequence of the Agreement, there is a qualification
on the power of Infratil Investments to dispose of, or control the disposal of, such shares.
For that relevant interest, —
(a) number held in class: 53,531,358
(b) percentage held in class: 5.00%
(c) current registered holder(s): Unknown
(d) registered holder(s) once transfers are registered: Unknown
Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure: On 20 May 2026, Infratil
Investments Limited (“Infratil Investments”) entered into a letter agreement (the
"Agreement") with Macquarie Securities (NZ) Limited (the "Underwriter") under which
Infratil Investments appointed the Underwriter to underwrite, sell and manage the disposal
of 53,531,358 ordinary shares in Contact Energy Limited (“CEN”) currently held by Infratil
Investments. A copy of the Agreement which comprises 11 pages is attached to this notice
(see Annexure B).
Settlement of the transaction, expected to occur on 25 May 2026, is underwritten and
guaranteed by the Underwriter. As a consequence of the Agreement, there is a qualification
on the power of Infratil Investments to dispose of, or control the disposal of, such shares.
Date of
change
Person whose relevant interest
changed
Nature of change
Consideration
per security
Number of
securities affected
20-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.310 3525
20-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.303 -14857
21-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.2 2282
21-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.23 312
21-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.24 535
21-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.25 87
21-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.26 35
3
21-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.27 239
21-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.2 -13160
21-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.23 -366
21-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.235 -427
21-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.24 -3936
21-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.25 -1011
21-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.26 -188
21-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.265 -192
21-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.28 -9
22-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.25 75
22-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.26 223
22-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.27 34
22-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.28 239
22-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.29 586
22-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.3 88
22-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.35 2298
22-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.24 -194
22-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.25 -1582
22-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.26 -202
22-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.27 -1038
22-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.275 -157
22-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.28 -691
22-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.29 -2874
22-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.295 -214
22-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.35 -15817
23-Jan-26 MACQUARIE BANK LIMITED On market purchase AUD 8.0 75
23-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.39 194
23-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.4 145
23-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.41 1649
23-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.42 1028
23-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.43 527
26-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.34 89
26-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.35 594
26-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.36 2718
26-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.3 -118
26-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.31 -281
4
26-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.32 -147
26-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.33 -4
26-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.34 -545
26-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.35 -1792
26-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.355 -49
26-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.36 -7197
26-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.37 -460
26-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.38 -170
27-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.33 1530
27-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.35 19
27-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.36 277
27-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.37 86
27-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.38 59
27-Jan-26 MACQUARIE BANK LIMITED On market sale AUD 8.12 -74
28-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.29 1685
28-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.33 43
28-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.34 88
28-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.35 136
29-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.27 -184
29-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.28 -869
29-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.29 -10149
29-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.3 -966
30-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.31 202
30-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.32 65
30-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.33 576
30-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.34 336
30-Jan-26 MACQUARIE BANK LIMITED On market purchase NZD 9.35 31253
30-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.3 -102
30-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.305 -47
30-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.31 -571
30-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.315 -105
30-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.32 -231
30-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.325 -268
30-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.33 -483
30-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.335 -224
30-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.34 -126
5
30-Jan-26 MACQUARIE BANK LIMITED On market sale NZD 9.35 -10200
02-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.46 20
02-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.47 40
02-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.48 544
02-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.49 14
02-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.51 1
02-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.52 13
02-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.53 20
03-Feb-26 MACQUARIE BANK LIMITED On market purchase AUD 8.02 1
03-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.31 466
03-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.32 21
03-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.34 61
03-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.35 53
03-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.38 6
03-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.39 45
04-Feb-26 MACQUARIE BANK LIMITED On market purchase AUD 8.09 84
04-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.5 33
04-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.51 71
04-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.52 24
04-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.53 40
04-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.54 19
04-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.57 458
05-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.61 3
05-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.62 13
05-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.63 49
05-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.64 123
05-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.65 440
05-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.66 27
05-Feb-26 MACQUARIE BANK LIMITED On market sale AUD 8.3 -1
05-Feb-26 MACQUARIE BANK LIMITED On market sale AUD 8.31 -24
05-Feb-26 MACQUARIE BANK LIMITED On market sale AUD 8.34 -2
05-Feb-26 MACQUARIE BANK LIMITED On market sale AUD 8.35 -1
09-Feb-26 MACQUARIE BANK LIMITED On market sale AUD 8.23 -56
09-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.6 -11699
10-Feb-26 MACQUARIE BANK LIMITED On market purchase AUD 7.81 640
10-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.62 66
6
10-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.63 148
10-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.64 306
10-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.65 2008
10-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.67 43
10-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.68 36
10-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.65 -14963
11-Feb-26 MACQUARIE BANK LIMITED On market purchase AUD 8.15 30
11-Feb-26 MACQUARIE BANK LIMITED On market purchase AUD 8.16 74
11-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.64 506
11-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.65 127
11-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.66 167
11-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.67 1782
11-Feb-26 MACQUARIE BANK LIMITED On market sale AUD 8.26 -73
12-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.72 30
12-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.73 55
12-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.74 161
12-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.77 111
12-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.78 1954
12-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.8 5
12-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.81 174
12-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.815 65
12-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.82 65
13-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.59 17823
13-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.68 80
13-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.69 244
13-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.7 351
13-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.71 119
13-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.72 65
17-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.2 2516
17-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.21 216
17-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.24 8
17-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.25 108
17-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.27 78
17-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.28 4
17-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.29 206
17-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.3 152
7
17-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.31 84
17-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.32 87
17-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.33 89
17-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.34 79
17-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.35 78
17-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.36 37
17-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.37 79
18-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.14 79
18-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.15 118
18-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.16 173
18-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.17 245
18-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.18 557
18-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.19 2610
19-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.31 539
19-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.32 1098
19-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.33 583
19-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.34 1789
19-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.35 686
19-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.36 141
19-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.37 2347
19-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.39 3415
19-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.4 1846
19-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.41 1253
19-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.42 950
19-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.43 1881
19-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.44 42
19-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.445 327
19-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.45 7756
19-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.46 11599
19-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.47 7531
19-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.48 2205
19-Feb-26 MACQUARIE BANK LIMITED On market sale AUD 7.86 -77
20-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.17 474
20-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.21 8736
20-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.22 9241
20-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.23 7155
8
20-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.24 8939
20-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.245 163
20-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.25 124173
20-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.26 849
20-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.27 651
23-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.16 520
23-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.17 937
23-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.18 3039
23-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.19 1716
23-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.2 550
23-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.21 13
23-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.22 18160
23-Feb-26 MACQUARIE BANK LIMITED On market sale AUD 7.77 -78
23-Feb-26 MACQUARIE BANK LIMITED On market sale AUD 7.81 -77
23-Feb-26 MACQUARIE BANK LIMITED On market sale AUD 7.9 -1
24-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.25 959
24-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.26 144
24-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.27 3596
24-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.28 5194
24-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.285 54
24-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.29 581
24-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.3 1398
24-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.31 928
24-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.32 208
24-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.33 55304
24-Feb-26 MACQUARIE BANK LIMITED On market sale AUD 7.77 -78
24-Feb-26 MACQUARIE BANK LIMITED On market sale AUD 7.8 -77
25-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.25 49959
25-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.29 669
25-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.31 279
25-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.32 404
25-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.33 801
25-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.34 856
25-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.35 616
25-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.36 225
25-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.37 833
9
25-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.38 1839
25-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.385 11
25-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.39 2538
25-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.4 349
25-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.42 1189
25-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.425 100
25-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.43 73
25-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.44 434
25-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.445 286
25-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.45 1450
25-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.46 909
25-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.465 35
25-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.47 1855
25-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.475 24
25-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.48 1513
25-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.485 277
25-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.49 171
25-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.25 -48048
25-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.28 -100
25-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.29 -1141
25-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.3 -2
25-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.31 -181
25-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.32 -623
25-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.33 -492
25-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.34 -2508
25-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.35 -906
25-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.36 -1619
25-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.37 -214
25-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.38 -557
25-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.39 -1389
25-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.4 -248
25-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.41 -1060
25-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.42 -342
25-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.43 -89
25-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.44 -258
25-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.45 -1324
10
25-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.46 -1247
25-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.47 -2333
25-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.48 -2148
25-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.49 -1405
25-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.495 -428
25-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.5 -1220
25-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.51 -126
25-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.52 -5
26-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.25 12
26-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.3 162
26-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.31 496
26-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.32 844
26-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.33 2632
26-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.335 11
26-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.34 1462
26-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.345 149
26-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.35 46093
26-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.36 5762
26-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.365 528
26-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.37 6375
26-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.375 822
26-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.38 4351
26-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.39 1615
26-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.4 219
26-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.41 1013
26-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.42 176
26-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.31 -159
26-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.32 -1591
26-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.33 -4125
26-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.34 -6115
26-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.35 -46383
26-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.36 -5296
26-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.37 -2254
26-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.38 -815
26-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.39 -693
26-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.4 -611
11
26-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.41 -538
27-Feb-26 MACQUARIE BANK LIMITED On market purchase NZD 9.29 8967
27-Feb-26 MACQUARIE BANK LIMITED On market sale AUD 7.89 -80
27-Feb-26 MACQUARIE BANK LIMITED On market sale NZD 9.29 -412022
02-Mar-26 MACQUARIE BANK LIMITED On market purchase AUD 7.73 1
03-Mar-26 MACQUARIE BANK LIMITED On market purchase AUD 7.72 47
03-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.26 156
03-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.28 99
03-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.29 780
03-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.3 687
03-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.31 815
03-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.32 242
03-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.33 464
03-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.35 7113
03-Mar-26 MACQUARIE BANK LIMITED On market sale AUD 7.8 -77
04-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.27 525
04-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.28 340
04-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.3 15106
05-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.42 23
05-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.43 317
05-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.44 721
05-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.45 20398
05-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.455 13
05-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.46 2545
05-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.47 3352
05-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.48 2311
05-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.49 648
05-Mar-26 MACQUARIE BANK LIMITED On market sale AUD 7.95 -76
05-Mar-26 MACQUARIE BANK LIMITED On market sale NZD 9.45 -18629
06-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.4 22367
06-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.43 135
06-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.44 716
06-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.45 2951
06-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.46 2547
06-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.47 2319
06-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.48 32
12
06-Mar-26 MACQUARIE BANK LIMITED On market sale AUD 7.89 -77
09-Mar-26 MACQUARIE BANK LIMITED On market purchase AUD 7.72 1
09-Mar-26 MACQUARIE BANK LIMITED On market sale AUD 7.99 -73
10-Mar-26 MACQUARIE BANK LIMITED On market purchase AUD 7.67 151
10-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.32 3058
10-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.33 255
10-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.34 342
10-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.35 274
10-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.36 83
11-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.25 138
11-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.26 156
11-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.27 237
11-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.28 142
11-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.29 287
11-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.3 314
11-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.31 7452
11-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.32 98
11-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.33 602
11-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.34 722
11-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.35 145
12-Mar-26 MACQUARIE BANK LIMITED On market purchase AUD 7.65 13
12-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.29 661
12-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.3 7418
12-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.31 369
12-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.32 681
12-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.33 425
12-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.34 437
13-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.19 6642
13-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.23 137
13-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.24 270
13-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.25 132
13-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.26 42
13-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.27 1009
13-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.28 844
13-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.29 768
13-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.3 147
13
16-Mar-26 MACQUARIE BANK LIMITED On market purchase AUD 7.44 60
16-Mar-26 MACQUARIE BANK LIMITED On market purchase AUD 7.46 1
16-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.07 133
16-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.09 155
16-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.12 369
16-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.13 1616
16-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.14 562
16-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.15 145
16-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.16 11451
16-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.18 258
16-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.2 188
16-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.21 230
16-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.22 147
16-Mar-26 MACQUARIE BANK LIMITED On market sale AUD 7.68 -62
17-Mar-26 MACQUARIE BANK LIMITED On market purchase AUD 7.61 1
17-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 0.0 5714
17-Mar-26 MACQUARIE BANK LIMITED On market sale AUD 7.66 -89
17-Mar-26 MACQUARIE BANK LIMITED On market sale NZD 9.19 -21
17-Mar-26 MACQUARIE BANK LIMITED On market sale NZD 9.2 -421
17-Mar-26 MACQUARIE BANK LIMITED On market sale NZD 9.205 -5861
17-Mar-26 MACQUARIE BANK LIMITED On market sale NZD 9.21 -1379
17-Mar-26 MACQUARIE BANK LIMITED On market sale NZD 9.22 -1089
17-Mar-26 MACQUARIE BANK LIMITED On market sale NZD 9.23 -267
17-Mar-26 MACQUARIE BANK LIMITED On market sale NZD 9.24 -172
17-Mar-26 MACQUARIE BANK LIMITED On market sale NZD 9.26 -17120
17-Mar-26
MACQUARIE INVESTMENT
MANAGEMENT EUROPE
LIMITED
Transfer Out NZD 0.00 -129958
18-Mar-26 MACQUARIE BANK LIMITED On market purchase AUD 7.56 38
18-Mar-26 MACQUARIE BANK LIMITED On market purchase AUD 7.6 79
18-Mar-26 MACQUARIE BANK LIMITED On market purchase AUD 7.61 79
18-Mar-26 MACQUARIE BANK LIMITED On market purchase AUD 7.62 79
18-Mar-26 MACQUARIE BANK LIMITED On market sale NZD 9.27 -3
18-Mar-26 MACQUARIE BANK LIMITED On market sale NZD 9.28 -449
18-Mar-26 MACQUARIE BANK LIMITED On market sale NZD 9.285 -213
18-Mar-26 MACQUARIE BANK LIMITED On market sale NZD 9.29 -1318
18-Mar-26 MACQUARIE BANK LIMITED On market sale NZD 9.3 -827
14
18-Mar-26 MACQUARIE BANK LIMITED On market sale NZD 9.35 -18005
20-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.06 20385
20-Mar-26 MACQUARIE BANK LIMITED On market sale NZD 9.06 -144598
23-Mar-26 MACQUARIE BANK LIMITED On market sale AUD 7.63 -103
23-Mar-26 MACQUARIE BANK LIMITED On market sale AUD 7.67 -22
23-Mar-26
MACQUARIE INVESTMENT
MANAGEMENT EUROPE
LIMITED
Transfer Out NZD 0.00 -13505
25-Mar-26 MACQUARIE BANK LIMITED On market purchase AUD 7.21 18
26-Mar-26 MACQUARIE BANK LIMITED On market sale AUD 7.81 -1
26-Mar-26 MACQUARIE BANK LIMITED On market sale NZD 9.13 -311
26-Mar-26 MACQUARIE BANK LIMITED On market sale NZD 9.14 -99
26-Mar-26 MACQUARIE BANK LIMITED On market sale NZD 9.15 -35
26-Mar-26 MACQUARIE BANK LIMITED On market sale NZD 9.155 -17
26-Mar-26 MACQUARIE BANK LIMITED On market sale NZD 9.16 -55
26-Mar-26 MACQUARIE BANK LIMITED On market sale NZD 9.17 -14
27-Mar-26 MACQUARIE BANK LIMITED On market purchase AUD 7.5 39
30-Mar-26 MACQUARIE BANK LIMITED On market purchase AUD 7.51 24
30-Mar-26 MACQUARIE BANK LIMITED On market purchase NZD 9.17 22751
30-Mar-26 MACQUARIE BANK LIMITED On market sale AUD 7.72 -78
31-Mar-26 MACQUARIE BANK LIMITED On market purchase AUD 7.41 19
31-Mar-26 MACQUARIE BANK LIMITED On market purchase AUD 7.48 1
31-Mar-26 MACQUARIE BANK LIMITED On market sale AUD 7.68 -103
31-Mar-26 MACQUARIE BANK LIMITED On market sale AUD 7.69 -80
01-Apr-26 MACQUARIE BANK LIMITED On market purchase AUD 7.42 34
01-Apr-26 MACQUARIE BANK LIMITED On market purchase AUD 7.49 1
01-Apr-26 MACQUARIE BANK LIMITED On market purchase AUD 7.65 175
02-Apr-26 MACQUARIE BANK LIMITED On market sale AUD 7.75 -25
09-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.38 27495
10-Apr-26 MACQUARIE BANK LIMITED On market purchase AUD 7.74 11
10-Apr-26 MACQUARIE BANK LIMITED On market sale AUD 7.73 -78
13-Apr-26 MACQUARIE BANK LIMITED On market sale NZD 9.37 -240
15-Apr-26 MACQUARIE BANK LIMITED On market purchase AUD 7.72 1
15-Apr-26 MACQUARIE BANK LIMITED On market sale AUD 7.83 -77
15-Apr-26 MACQUARIE BANK LIMITED On market sale AUD 7.84 -77
15-Apr-26 MACQUARIE BANK LIMITED On market sale NZD 9.49 -38037
16-Apr-26 MACQUARIE BANK LIMITED On market purchase AUD 7.73 30
15
17-Apr-26 MACQUARIE BANK LIMITED On market sale AUD 7.83 -64
21-Apr-26 MACQUARIE BANK LIMITED On market purchase AUD 7.6 78
21-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.27 57
21-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.28 206
21-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.29 137
21-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.3 58163
21-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.305 40
21-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.31 1220
21-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.315 42
21-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.32 1010
21-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.33 759
21-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.34 617
22-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.29 138
22-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.295 139
22-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.3 264
22-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.31 151
22-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.32 397
22-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.325 168
22-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.33 324
22-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.34 702
22-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.35 426
22-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.37 126
22-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.38 501
22-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.39 6564
22-Apr-26 MACQUARIE BANK LIMITED On market sale AUD 7.74 -7
23-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.35 240
23-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.36 1297
23-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.37 1461
23-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.375 31
23-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.38 38489
23-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.39 477
23-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.4 326
23-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.41 15
23-Apr-26 MACQUARIE BANK LIMITED On market sale AUD 8.15 -71
24-Apr-26 MACQUARIE BANK LIMITED On market purchase AUD 7.62 13
24-Apr-26 MACQUARIE BANK LIMITED On market purchase AUD 7.64 119
16
24-Apr-26 MACQUARIE BANK LIMITED On market purchase AUD 7.67 130
24-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.32 684
24-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.33 884
24-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.34 11747
24-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.35 681
24-Apr-26 MACQUARIE BANK LIMITED On market purchase NZD 9.36 678
27-Apr-26 MACQUARIE BANK LIMITED On market purchase AUD 7.62 79
27-Apr-26 MACQUARIE BANK LIMITED On market purchase AUD 7.63 79
28-Apr-26 MACQUARIE BANK LIMITED On market sale AUD 7.6 -13
28-Apr-26 MACQUARIE BANK LIMITED On market sale AUD 7.65 -79
28-Apr-26 MACQUARIE BANK LIMITED On market sale AUD 7.74 -20
29-Apr-26 MACQUARIE BANK LIMITED On market purchase AUD 7.51 188
29-Apr-26 MACQUARIE BANK LIMITED On market purchase AUD 7.52 80
29-Apr-26 MACQUARIE BANK LIMITED On market purchase AUD 7.53 305
29-Apr-26 MACQUARIE BANK LIMITED On market purchase AUD 7.55 80
29-Apr-26 MACQUARIE BANK LIMITED On market purchase AUD 7.56 80
29-Apr-26 MACQUARIE BANK LIMITED On market sale AUD 7.65 -79
30-Apr-26 MACQUARIE BANK LIMITED On market sale AUD 7.65 -300
30-Apr-26 MACQUARIE BANK LIMITED On market sale AUD 7.67 -36
30-Apr-26 MACQUARIE BANK LIMITED On market sale AUD 7.68 -79
30-Apr-26 MACQUARIE BANK LIMITED On market sale NZD 9.36 -96
30-Apr-26 MACQUARIE BANK LIMITED On market sale NZD 9.37 -175
30-Apr-26 MACQUARIE BANK LIMITED On market sale NZD 9.38 -20
30-Apr-26 MACQUARIE BANK LIMITED On market sale NZD 9.4 -277
30-Apr-26 MACQUARIE BANK LIMITED On market sale NZD 9.41 -548
30-Apr-26 MACQUARIE BANK LIMITED On market sale NZD 9.44 -122
30-Apr-26 MACQUARIE BANK LIMITED On market sale NZD 9.5 -2905
01-May-26 MACQUARIE BANK LIMITED On market purchase AUD 7.67 30
01-May-26 MACQUARIE BANK LIMITED On market purchase AUD 7.75 119
01-May-26 MACQUARIE BANK LIMITED On market sale AUD 7.81 -77
04-May-26 MACQUARIE BANK LIMITED On market purchase AUD 7.78 5
04-May-26 MACQUARIE BANK LIMITED On market sale AUD 7.92 -3
04-May-26 MACQUARIE BANK LIMITED On market sale AUD 8.03 -75
05-May-26 MACQUARIE BANK LIMITED On market sale AUD 8.04 -75
05-May-26 MACQUARIE BANK LIMITED On market sale AUD 8.49 -236
06-May-26 MACQUARIE BANK LIMITED On market sale AUD 8.14 -47
17
07-May-26 MACQUARIE BANK LIMITED On market purchase AUD 7.9 26
07-May-26 MACQUARIE BANK LIMITED On market purchase AUD 7.92 1
07-May-26 MACQUARIE BANK LIMITED On market sale AUD 8.11 -107
07-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.9 -38691
11-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.77 580
11-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.78 330
11-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.79 2695
11-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.8 14444
11-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.81 171
11-May-26 MACQUARIE BANK LIMITED On market sale AUD 8.18 -108
12-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.59 183
12-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.6 89
12-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.61 10
12-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.62 146
12-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.63 12560
12-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.64 981
12-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.645 186
12-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.65 682
12-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.66 969
12-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.67 1143
12-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.68 1011
12-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.69 260
13-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.76 184
13-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.78 291
13-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.79 926
13-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.8 172
13-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.82 56
13-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.84 263
13-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.86 209
13-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.87 400
13-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.89 213
13-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.9 8671
13-May-26 MACQUARIE BANK LIMITED On market purchase NZD 9.91 327
14-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.85 -26
14-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.89 -298
14-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.895 -164
18
14-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.9 -5356
14-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.91 -458
14-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.93 -284
14-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.94 -139
14-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.945 -154
15-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.76 -364
15-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.77 -212
15-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.78 -220
15-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.785 -80
15-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.79 -158
15-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.81 -4779
15-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.82 -149
15-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.83 -142
15-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.84 -299
15-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.85 -177
15-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.86 -159
15-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.87 -140
18-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.72 -4786
18-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.75 -47
18-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.76 -261
18-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.77 -144
18-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.78 -348
18-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.8 -148
18-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.81 -480
18-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.82 -143
18-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.85 -26
18-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.86 -283
18-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.87 -194
18-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.88 -19
19-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.87 -152
19-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.89 -230
19-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.9 -291
19-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.91 -390
19-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.92 -149
19-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.93 -249
19-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.94 -382
19
19-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.95 -292
19-May-26 MACQUARIE BANK LIMITED On market sale NZD 9.98 -4744
20-May-26
MACQUARIE SECURITIES (NZ)
LIMITED
Block Trade (see
Annexure B)
NZD 9.25 53,531,358
Additional information
Address(es) of substantial product holder(s): Level 1, 1 Elizabeth Street, Sydney, New
South Wales 2000, Australia
Contact details: Philip Alexander, +44 7785 428701, rmgpositionreporting@macquarie.com
Nature of connection between substantial product holders:
Each entity below is wholly owned subsidiary of Macquarie Group.
MACQUARIE BANK LIMITED
MACQUARIE SECURITIES (NZ) LIMITED
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: Infratil Limited and Infratil Investments Limited
Certification
I, Philip Alexander, 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.
20
ANNEXURE A
Macquarie Group Limited’s controlled bodies corporate listed
Company Number Company Name Country
1250 N LaSalle Member LLC United States
1250 N LaSalle Property LLC United States
2375 Ala Wai Holding LLC United States
2375 Ala Wai Property LLC United States
88-0896985 441 DG Holdings, LLC United States
12725483 Aberthaw Green Limited United Kingdom
13163487 Adapt Biogas FinanceCo Limited United Kingdom
13161489 Adapt Biogas HoldCo Limited United Kingdom
8199075 Adapt Biogas Limited United Kingdom
HRB 128514 Adler Capital Holdings GmbH Germany
Aerogy LLC United States
Alaska Infrastructure Partners LLC United States
B-88225867 Alcaraz Solar S.L.U. Spain
20-8983572 Aligned Co-Invest GP LLC United States
14749827 Alphabet Equityco Limited United Kingdom
87-2097230 American Hydro LLC United States
2434425 Anglo Pumps Limited United Kingdom
Aquila MSIG 3 (USD) Lev US Fund Aggregator 1 LP United States
Aquila MSIG 3 (USD) UnLev US Fund Aggregator 3 LP United States
202036427C Aragorn Holding Company Two Pte. Ltd. Singapore
Artemis Blocker Corporation United States
Artemis Investor Holdings, LLC United States
Artemis KE Blocker Buyer, Inc. United States
Artemis KE Blocker, L.P. United States
Artemis Outdoor Holdings, LLC United States
13278419 Atom Engine Limited United Kingdom
20-3690322 AVENAL POWER CENTER, LLC United States
2464710 Aylesford Electrical Contractors Limited United Kingdom
653 880 785 B2R No. 1 Pty Limited Australia
653 881 040 B2R No. 2 Pty Limited Australia
653 881 693 B2R No. 3 Pty Limited Australia
N/A Barcelona Funding Trust Australia
8604966 BELIKE NOMINEES PTY. LIMITED Australia
96037946 Bellamy BESS Holding B.V. Netherlands
11974335 Bernard Topco Limited United Kingdom
16080578 Berrima Lendco Limited United Kingdom
15351758 Bestla UK Limited United Kingdom
12095099 Bilbao Offshore TopCo Limited United Kingdom
2023100122901-01 BLE Philippines Holdings Inc. Philippines
202115880K BLE Project 103 Pte. Ltd. Singapore
CS2015160102 BLUE LEAF ENERGY SERVICES PHILIPPINES, INC. Philippines
201536002R Blue Leaf Energy SPV Holdco Pte. Ltd. Singapore
N/A Bluestone Equity Release Series 1 Warehouse Trust Australia
12725566 Bolney Green Limited United Kingdom
008 607 065 BOND STREET CUSTODIANS LIMITED Australia
12723612 Bramley Solar Limited United Kingdom
21
58.257.030/0001-68
BRASIL MB01 FUNDO DE INVESTIMENTO EM PARTICIPAÇÕES MULTIESTRATÉGIA RE
SPONSABILIDADE LIMITADA Brazil
58.423.425/0001-93
BRASIL MB02 FUNDO DE INVESTIMENTO EM PARTICIPAÇÕES MULTIESTRATÉGIA RE
SPONSABILIDADE LIMITADA Brazil
13660085 Breachology Ltd United Kingdom
8371922 Bridge Partners Limited United Kingdom
12516809 Bridgwater Green Limited United Kingdom
14551448 BRIGADEIRO HOLDINGS LIMITED United Kingdom
88217 Bunhill Investments Unlimited Jersey
7517383 Business Cloud Integration Limited United Kingdom
2865830 BUTTONWOOD NOMINEES PTY LTD Australia
4800317 Capital Meters Limited United Kingdom
538-88-01399 CERES HOLDINGS CO., LTD. Korea, Republic of
1.64109E+11 Cero Development Hellas Single Member S.A. Greece
HRB 182832 Cero Erneuerbare Energien GmbH Germany
920 433 893 RCS Nan
terre Cero France SAS France
12415204 Cero Generation Holdings France Limited United Kingdom
14635736 Cero Generation Holdings Germany Limited United Kingdom
13356303 Cero Generation Holdings Greece Limited United Kingdom
12316686 Cero Generation Holdings Italy Limited United Kingdom
12479162 Cero Generation Holdings Poland Limited United Kingdom
11346219 Cero Generation Holdings Spain Limited United Kingdom
12318275 Cero Generation Holdings UK Limited United Kingdom
12272533 Cero Generation Limited United Kingdom
979335 Cero Generation Poland Spółka Z Ograniczoną Odpowiedzialnością Poland
1.62961E+11 Cero Generation Services Greece Single Member Private Company Greece
13078063 Cero Generation Services Limited United Kingdom
B56794472 Cero Generation Services Spain S.L.U. Spain
12517980962 Cero Italy Projects 1 S.R.L. Italy
12517970963 Cero Italy Projects 2 S.R.L. Italy
12518000968 Cero Italy Projects 3 S.R.L. Italy
12495520962 Cero Italy Projects S.R.L. Italy
978917 Cero Polska 1 Spółka Z Ograniczoną Odpowiedzialnością Poland
982552 Cero Polska 2 Spółka Z Ograniczoną Odpowiedzialnością Poland
12289790961 Cero Services Italy S.R.L. Italy
10974030 CHAPTRE GreenCo Holdings Limited United Kingdom
77136404-7 Chile Pacific HoldCo 2 SpA Chile
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Circularix Management Company, LLC United States
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13751493 Clifton Investment Holdings Limited United Kingdom
82-4708238 Cobalt Civil, LLC United States
Cobalt Contracting LLC United States
CER151028DM3 Comercializadora Energia de la Reforma S. de R.L. de C.V. Mexico
Commerce and Industry Brokerage Inc. United States
Corio Atlantic OSW Holdings 2 LLC United States
13805252 Corio Generation International Limited United Kingdom
205-81-43369 CORIO GENERATION KOREA LLC Korea, Republic of
13715492 Corio Generation Limited United Kingdom
13481762 Corio Generation Service Company Limited United Kingdom
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Corio Generation USA LLC United States
Corio USA Atlantic Holdings L.P. United States
3241012 Corona Energy Limited United Kingdom
3241002 Corona Energy Retail 1 Limited United Kingdom
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2746961 Corona Energy Retail 3 Limited United Kingdom
2798334 Corona Energy Retail 4 Limited United Kingdom
2879748 Corona Gas Management Limited United Kingdom
11496686 Craighouse Investments Limited United Kingdom
51-0566317 Crystal Screens Media LLC United States
CX Hatfield II, LLC United States
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81-3680468 DD Grid, LLC United States
12108502 Deckpro LTD United Kingdom
15746566 Denwa Holdings Limited United Kingdom
15734867 Denwa Investment Holdings Limited United Kingdom
9768641 Direct Pump Services Limited United Kingdom
2925940 Drainage Consultants Limited United Kingdom
85-4264075 DynaGrid Acquisition, LLC United States
26-2800184 DynaGrid Construction Group, LLC United States
86-1253459 DynaGrid Group Holdings, LLC United States
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Earth Resources Technology, LLC United States
Echo Bidco LLC United States
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407-88-02089 EH ENERGY HOLDINGS CO., LTD. Korea, Republic of
307-88-02095 EH YANGJU CO., LTD. Korea, Republic of
12201098 Eleven-I LTD United Kingdom
6734150821 Energie Rinnovabili Monreale S.r.l. Italy
12759332 Enso Green Holdings A Limited United Kingdom
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12764449 Enso Green Holdings F Limited United Kingdom
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12760999 Enso Green Holdings J Limited United Kingdom
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16335803 Enso Green Holdings Portfolio Borrower Limited United Kingdom
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12483523 EOS INVESTMENT LIMITED United Kingdom
6616147 EPG Energy Limited United Kingdom
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557068 Erova Energy Limited Ireland
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619687 Euro Investco PPP Ireland GP Limited Ireland
13182125 Evercreech BidCo Limited United Kingdom
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36-4649760 Farm & Ranch Construction, LLC United States
202208128N FEMA HOLDCO PTE. LIMITED Singapore
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12725583 Fleet Green Limited United Kingdom
16099961 FLEETE ASSETS UK LIMITED United Kingdom
14151168 Fleete Group Limited United Kingdom
13967872 Flexible Fish Ltd United Kingdom
16240241006 Fluorite New Energy S.R.L. Italy
06-1058201 Fox-Pitt Kelton Cochran Caronia Waller LLC United States
32157 Fox-Pitt, Kelton N.V. Curacao
99228 FPK Capital I CIP GP Limited Jersey
20-5600465 Fremantle Energy Holdings, LLC United States
20-2384759 Fremantle Wind Holdings Inc. United States
Fresh Air (Nevada) LLC United States
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BC1130577 Fresh Air Educators Inc. Canada
GGL230117QT6 Fund General Partner, S.A. de C.V. Mexico
54001400 GATESUN PTY. LIMITED Australia
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16266374 GIGIL Peregrine Holdings Limited United Kingdom
1.57315E+11 Gilda Energy Single Member Societe Anonyme Greece
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16907510 Glenelg Holdco Ltd United Kingdom
HRB 236848 Globe Beteiligungs GmbH Germany
5473771 Goonzaran Bluebell Leasing Limited United Kingdom
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14523174 Great Eastern Offshore Wind Farm UK HoldCo Limited United Kingdom
Great Lakes Broadband Holdings LLC United States
538-88-00707 GREEN INVESTMENT GROUP (KOREA) LLC Korea, Republic of
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846-87-01653 GYEONGJU CLEAN ENERGY CO., LTD. Korea, Republic of
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11727242 HC2 Investments Limited United Kingdom
39-2228395 Health Wave Partners, LLC United States
125438600 HENDERSON WA PTY LIMITED Australia
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HIT Bidco LLC United States
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HIT Investor Holdings LLC United States
39-3473576 HWP Coinvestment Company I, LLC United States
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728755 Ibsen Investco PPP Limited Ireland
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14256697 Infinity UK Borrower 1 Limited United Kingdom
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10510632 Insight Analytics Solutions Holdings Limited United Kingdom
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75920433 International Compliance Software Holding B.V. Netherlands
12517505 Iron Acton Green Limited United Kingdom
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Kalkomey Borrower, LLC United States
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BC1128891 Kalkomey Intermediate Holdings Canada Inc. Canada
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Kalkomey PI Holdings, LLC United States
16079756 Kareela Holdco Limited United Kingdom
KE Sportsman Buyer, Inc. United States
13621736 Kusten Offshore Holding Company Limited United Kingdom
56649800 L2 B.V. Netherlands
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14200142 Lalune Holdings Limited United Kingdom
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7125975 LMS Computer Services Ltd United Kingdom
SC703876 Lochlann TopCo Limited United Kingdom
17040119 Longbrook Midco Limited United Kingdom
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12517014 Lovedean Green Limited United Kingdom
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122169368 MACQUARIE AGRICULTURAL FUNDS MANAGEMENT LTD Australia
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37-1740746 Macquarie Alpine Inc. United States
103237181 MACQUARIE ALTERNATIVE ASSETS MANAGEMENT LTD Australia
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325180 Macquarie ASEAN Technology Investments Holdings GP Ltd. Cayman Islands
201713780Z Macquarie Asia Infrastructure Management 2 Pte. Limited Singapore
289176 Macquarie Asia Infrastructure Management Limited Cayman Islands
10348664 Macquarie Asia Securities Limited Hong Kong
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604 942 127 MACQUARIE INVESTMENT MANAGEMENT HOLDINGS PTY LIMITED Australia
002 867 003 MACQUARIE INVESTMENT MANAGEMENT LTD Australia
CHE-283.758.331 Macquarie Investment Management Switzerland GmbH Switzerland
31
071 745 401 MACQUARIE INVESTMENT SERVICES LIMITED Australia
WK-133809 MACQUARIE INVESTMENTS (SINGAPORE) LIMITED Cayman Islands
4104671 Macquarie Investments (UK) Limited United Kingdom
5582630 Macquarie Investments 1 Limited United Kingdom
7012592 Macquarie Investments 3 Limited United Kingdom
69416977 MACQUARIE INVESTMENTS AUSTRALIA PTY LIMITED Australia
HRB 74953 Macquarie Investments Deutschland GmbH Germany
45-2856257 Macquarie Investments US Inc. United States
B307568 Macquarie K1 Global Luxembourg GP S.à r.l. Luxembourg
104-81-76330 MACQUARIE KOREA ASSET MANAGEMENT CO., LTD. Korea, Republic of
002 674 982 MACQUARIE LEASING PTY LIMITED Australia
OC363068 Macquarie Lending & Investment Partners LLP United Kingdom
71657006 Macquarie Markets Trading Limited Hong Kong
51142C1/GBL MACQUARIE MAURITIUS INVESTMENTS LIMITED Mauritius
7361419 Macquarie Meters 3 (UK) Limited United Kingdom
50809018 Macquarie Meters 4 Limited Hong Kong
130225222 MACQUARIE MIRA FUND INVESTMENTS PTY LTD Australia
B272746 Macquarie N1 Global Luxembourg GP S.a r.l. Luxembourg
3481018 Macquarie North America Ltd. Canada
Macquarie Nufang US LLC United States
140 135 379 MACQUARIE OFFSHORE SERVICE HOLDINGS PTY LIMITED Australia
129 590 576 MACQUARIE OFFSHORE SERVICES PTY LTD Australia
26-4389305 Macquarie Opportunities Inc. United States
Macquarie Pelican Inc. United States
Macquarie Pelican Investor LLC United States
Macquarie PF II LLC United States
Macquarie PF Inc. United States
Macquarie PF LLC United States
Macquarie PF Services LLC United States
9995266 Macquarie Physical Commodities UK Limited United Kingdom
83-2987158 Macquarie Physical Commodities, LLC United States
B 278.688 Macquarie Portfolio Financing Fund Luxembourg GP S.à r.l. Luxembourg
201842473W MACQUARIE PRINCIPAL FINANCE ASIA PTE. LIMITED Singapore
629759600 MACQUARIE PRINCIPAL FINANCE PTY LIMITED Australia
11667655 Macquarie Principal Finance UK Limited United Kingdom
082 038 328 MACQUARIE PRISM PTY LIMITED Australia
625128 Macquarie Products (Ireland) Limited Ireland
B274423 Macquarie Real Assets Investment Platform GP S.à r.l. Luxembourg
26-3872414 MACQUARIE REAL ESTATE ADVISORY SERVICES LLC United States
625995324 MACQUARIE REAL ESTATE INVESTMENT HOLDING (AUSTRALIA) PTY LIMITED Australia
Macquarie Real Estate Investments Holdings (North America), Inc. United States
115524028 MACQUARIE REAL ESTATE MANAGEMENT (AUSTRALIA) LIMITED Australia
Macquarie Real Estate Management (US), LLC United States
616987949 MACQUARIE RENEWABLE ENERGY HOLDINGS PTY LIMITED Australia
26-1386300 MACQUARIE RENEWABLE ENERGY INC United States
N/A Macquarie Renewables Asset Trust Australia
N/A Macquarie Renewables Project Trust Australia
Macquarie Room 125 Holdings LLC United States
6309906 Macquarie Ropemaker Limited United Kingdom
46-3045888 Macquarie Rotorcraft Leasing, Inc. United States
32
2832126 MACQUARIE SECURITIES (AUSTRALIA) LIMITED Australia
1748511 MACQUARIE SECURITIES (NZ) LIMITED New Zealand
1.05539E+11 MACQUARIE SECURITIES (THAILAND) LIMITED Thailand
104-81-99444 MACQUARIE SECURITIES KOREA LIMITED Korea, Republic of
2006/023546/07 MACQUARIE SECURITIES SOUTH AFRICA (PTY) LTD South Africa
003 297 336 MACQUARIE SECURITISATION LIMITED Australia
54-2077555 Macquarie Semiconductor and Technology Inc. United States
18706438 MACQUARIE SERVICES (HONG KONG) LIMITED Hong Kong
388231 MACQUARIE SERVICES (MEXICO), S.A. de C.V. Mexico
608 027 667 MACQUARIE SERVICES PARTNERSHIP PTY LIMITED Australia
CHE-147.179.326 Macquarie Services SA Switzerland
17733 Macquarie Servicios Electricos de Mexico S. de R.L de C.V. Mexico
11.988.470/001-21 Macquarie Servicos de Consultoria Limitada Brazil
674385445 MACQUARIE SOLAR FINANCING PTY LIMITED Australia
75295608 MACQUARIE SPECIALISED ASSET MANAGEMENT 2 LIMITED Australia
87382965 MACQUARIE SPECIALISED ASSET MANAGEMENT LTD Australia
9699834 Macquarie Specialised Asset Services Limited United Kingdom
86438995 MACQUARIE SPECIALIST INVESTMENT MANAGEMENT LIMITED Australia
Macquarie Specialized Infrastructure Global 3 (USD) Lev Onshore Fund LP United States
Macquarie Specialized Infrastructure Global 3 (USD) UnLev Onshore Fund LP United States
Macquarie Strategic Opportunities, LLC United States
086 587 635 MACQUARIE STRUCTURED AND SPECIALIST INVESTMENTS HOLDINGS PTY LIMITED Australia
65309033 MACQUARIE SYNDICATION (NO.12) PTY LIMITED Australia
80218846 MACQUARIE TECHNOLOGY INVESTMENTS PTY LIMITED Australia
1460479-2 Macquarie Technology Services (Canada) 2 Ltd. Canada
78223382 MACQUARIE TRANSPORTATION FINANCE AUSTRALIA PTY LIMITED Australia
11655793 Macquarie Transportation Finance Limited United Kingdom
HRB 76979 Macquarie Treuvermögen GmbH Germany
8607109 MACQUARIE TWENTIETH AVIATION LEASING PTY. LIMITED Australia
2579363 Macquarie UK Holdings Limited United Kingdom
16027164 Macquarie UK Holdings No.2 Limited United Kingdom
655 531 561 Macquarie UK Holdings Pty Limited Australia
46-1366111 Macquarie US Gas Supply LLC United States
Macquarie US MPIP GP LLC United States
Macquarie US MPIP LP LLC United States
45-2856257 Macquarie US Trading LLC United States
HRB 131784 Macquarie Verwaltungs GmbH Germany
Macquarie Waikiki Holdings LLC United States
Macquarie Wealth Advisers, LLC United States
20-8453707 Macquarie Wealth Fund Administration, LLC United States
20-4816629 Macquarie Wealth Solutions, LLC United States
46-2716036 Macquarie-PowerFin Solar, LLC United States
619 573 643 MAFCA INVESTMENTS PTY LIMITED Australia
672116844 MAFCA2 INVESTMENTS PTY LIMITED Australia
B 222.868 MAIF 2 Executives SCSp Luxembourg
B 215119 MAIF 2 Luxembourg GP S.à r.l. Luxembourg
B 271779 MAIF 3 Executives SCSp Luxembourg
B245842 MAIF 3 Luxembourg GP S.à r.l. Luxembourg
B291373 MAIF 4 Luxembourg GP S.à r.l. Luxembourg
MAM Americas, Inc. United States
33
85861413 MAM Ashita AMS1 BidCo B.V. Netherlands
MAM Co-Invest GP, LLC United States
MAM GIG US Renewable Holdings, Inc. United States
MAM Qualified Staff Investment Series II, LLC United States
MAPIF II GP, LLC United States
B305630 MAPIF II Luxembourg GP S.à.r.l. Luxembourg
B 271.073 MAPIF Luxembourg GP S.à r.l. Luxembourg
Market Street CLO LLC I United States
Market Street CLO LLC II United States
422112 Market Street CLO Ltd II Cayman Islands
415097 Market Street CLO Ltd. I Cayman Islands
13743697 Maryland Topco Limited United Kingdom
9011066 Matrix Networks (Holdings) Limited United Kingdom
11227977 Matrix Networks Group Limited United Kingdom
6024071 Matrix Networks Limited United Kingdom
11279990 Matrix Networks Trustee Limited United Kingdom
14340098 Matrix Water Limited United Kingdom
N/A MBL COVERED BOND TRUST Australia
76861646 MCTC Investments Holdings (Hong Kong) Limited Hong Kong
411574 MCTC Investments Holdings GP Ltd. Cayman Islands
B 296.684 MDL-US UnLev General Partner S.à r.l. Luxembourg
Medical Student Loan Trust United States
Megavolt Borrower, LLC United States
86-1973459 Megavolt DG Blocker, LLC United States
33-3070974 Megavolt Parent, LLC United States
Megavolt Pledgor, LLC United States
4866246 MEIF (UK) Limited United Kingdom
SL029421 MEIF 5 Executives LP United Kingdom
61582 MEIF 5 Guernsey GP Limited Guernsey
B 205.045 MEIF 5 Luxembourg GP S.à r.l. Luxembourg
B 230.098 MEIF 6 Executives SCSp Luxembourg
B224086 MEIF 6 Luxembourg GP S.à r.l. Luxembourg
69775 MEIF 6 N2 GP Limited Guernsey
B271939 MEIF 7 Executives SCSp Luxembourg
B256935 MEIF 7 Luxembourg GP S.à.r.l. Luxembourg
11228630 Metcor Group (Holdings) LTD United Kingdom
2447811 Metcor Group LTD United Kingdom
16321265 Meteor UK Bidco Limited United Kingdom
16321296 Meteor UK Midco Limited United Kingdom
16321229 Meteor UK Topco Limited United Kingdom
METI GP, LLC United States
MGECO Holdings US GP, LLC United States
B274722 MGECO Luxembourg GP S.a r.l. Luxembourg
MGETS DELAWARE GP, LLC United States
MGETS ECI Executives, L.P. United States
MGETS Executives Blocker, L.P. United States
B283856 MGETS Executives SCSp Luxembourg
B252024 MGETS Luxembourg GP S.à r.l. Luxembourg
61686 MGIDF Guernsey GP Limited Guernsey
B250906 MGIF Luxembourg GP S.à r.l. Luxembourg
34
9299753 MGREF 1 GP Limited United Kingdom
B233863 MGREF 2 Luxembourg GP S.à r.l. Luxembourg
58972 MIDF UK1 GUERNSEY GP LIMITED Guernsey
7 MIDF UK1 LLP Guernsey
59027 MIDF UK1B GUERNSEY GP LIMITED Guernsey
61687 MIDF UK2 Guernsey GP Limited Guernsey
202308675C MIEP SG Management Pte. Ltd. Singapore
MIF GP, LLC United States
HRB 121454 MIF Holdings GmbH Germany
10140440 MIF Holdings Limited United Kingdom
39-2915458 MIF TE Feeder, L.P. United States
B301762 MIF UBTI Blocker S.à r.l. Luxembourg
20-8723490 MIF US Investment Holdings LLC United States
MIGS (ECI) GP, LLC United States
MIGS II (ECI) GP, LLC United States
MIHI Boxwood Sponsor, LLC United States
13-3789912 MIHI LLC United States
MIIO BLOCKER GP, LLC United States
38-3938360 MIP III (ECI) GP LLC United States
MIP IV (Canada) GP, LLC United States
MIP IV (ECI) Australian Executives, G.P. United States
MIP IV (ECI) Carry, L.P. United States
MIP IV (ECI) Executives, L.P. United States
MIP IV (ECI) Global Executives, L.P. United States
MIP IV (ECI) GP, LLC United States
MIP IV Executives, L.P. United States
B 213.745 MIP IV Luxembourg GP S.à r.l. Luxembourg
MIP V (ECI) EXECUTIVES, L.P. United States
MIP V (ECI) Global Executives, L.P. United States
MIP V (ECI) GP, LLC United States
MIP V Executives, L.P. United States
B241810 MIP V Luxembourg GP S.à r.l. Luxembourg
MIP VI (ECI) Executives, L.P. United States
MIP VI (ECI) Global Executives, L.P. United States
MIP VI (ECI) GP, LLC United States
MIP VI Executives, L.P. United States
B267686 MIP VI Luxembourg GP S.à r.l. Luxembourg
B307359 MIP VII Luxembourg GP S.à r.l. Luxembourg
82-1252911 MIRA Infrastructure Global Solution GP LLC United States
MIRA Infrastructure Global Solution II GP, LLC United States
62697 MIRA UK Gas Holdings GP Limited Guernsey
16632647 MM Holdings 1 Limited United Kingdom
10480217 Moorgate PL Holdings Limited United Kingdom
MPC Americas, LLC United States
MPF Boca Investor LLC United States
MPF Delaware 1 General Partner, LLC United States
14972535 MPF General Partner 1 Limited United Kingdom
MPF Greenwich Lender LLC United States
MPF Hotel Lender LLC United States
8499211 MPF Nominees Limited United Kingdom
35
MPF Oxford Thompson Holding LLC United States
MPF Oxford Thompson Property LLC United States
MPF Thompson Investor LLC United States
MPF Vanderbilt Boca Holding LLC United States
MPF Vanderbilt Boca PropCo Parent LLC United States
MPF Vanderbilt Boca Property II LLC United States
MPF Vanderbilt Boca Property LLC United States
6146573 MPRC Europe Limited United Kingdom
MQ Car Park, LLC United States
U51909MH2012FTC2
26545 MQG Commodities (India) Private Limited India
202542393D MREP Asia III GP Pte. Limited Singapore
B 294050 MREP Blocked Executives SCSp Luxembourg
B294185 MREP Executives Aggregator SCSp Luxembourg
B262005 MREP GP S.à.r.l. Luxembourg
B 284816 MREP Lodge Co-Invest GP S.à r.l. Luxembourg
MREP US II GP LLC United States
B 214.067 MSCIF Luxembourg GP S.à r.l. Luxembourg
MSIG 3 (USD) Lev General Partner LLC United States
MSIG 3 (USD) Lev Offshore Fund US Blocker LLC United States
MSIG 3 (USD) UnLev General Partner LLC United States
B295793 MSIG 3 (USD) UnLev General Partner S.à r.l. Luxembourg
MSIG 3 (USD) UnLev Offshore Fund US Blocker LLC United States
B295709 MSOF Luxembourg GP S.à r.l. Luxembourg
B305840 MSOF Luxembourg Parallel Fund SCSp Luxembourg
33-3099444 MSOF Megavolt Partners, L.P. United States
33-4099100 MSOF US GP, LLC United States
8000428 MTech IT (Leeds) Limited United Kingdom
7789756 Murrow AD Plant Ltd United Kingdom
12341536 MXMM 7 Limited United Kingdom
B-88405220 Nara ES Solar 18 S.L.U. Spain
B-88255682 Nara ES Solar 21 S.L.U. Spain
B-02964591 Nara ES Solar 32 S.L.U. Spain
B-16852519 Nara ES Solar 47 S.L.U. Spain
B-67748798 Nara ES Solar 50 S.L.U. Spain
B16388167 Nara ES Solar 63 S.L.U. Spain
B-88380480 Nara ES Solar 7 S.L.U. Spain
835048729 R.C.S. Bor
deaux Nara Solar France S.A.R.L. France
H M684300 T38471 F
158 Nara Solar, S.L.U. Spain
4090144 Netmetix Limited United Kingdom
5629960 Neustro Consulting Limited United Kingdom
5446106 Neuways Limited United Kingdom
927650 NRG 12 spółka z ograniczoną odpowiedzialnością Poland
927667 NRG 14 spółka z ograniczoną odpowiedzialnością Poland
9671449967 NRG 19 spółka z ograniczoną odpowiedzialnością Poland
9671450060 NRG 20 spółka z ograniczoną odpowiedzialnością Poland
927646 NRG 4 spółka z ograniczoną odpowiedzialnością Poland
927740 NRG 5 spółka z ograniczoną odpowiedzialnością Poland
927712 NRG 7 spółka z ograniczoną odpowiedzialnością Poland
927741 NRG 8 spółka z ograniczoną odpowiedzialnością Poland
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889 459 905 NS France 10 SAS France
908 370 430 NS France 13 SAS France
908 365 604 NS France 16 SAS France
908 366 115 R.C.S. B
ordeaux NS France 19 SAS France
908 366 172 R.C.S. B
ordeaux NS France 20 SAS France
908 366 248 R.C.S. B
ordeaux NS France 21 SAS France
908 366 297 R.C.S. B
ordeaux NS France 22 SAS France
919 893 305 R.C.S. B
ordeaux NS France 23 SAS France
919 893 529 R.C.S Bo
rdeaux NS France 27 SAS France
953 732 864 R.C.S. B
ordeau NS France 29 SAS France
953 730 421 R.C.S. B
ordeaux NS France 31 SAS France
B-88092036 Odouri Solar S.L.U. Spain
84-3184450 One Shot Reliability, LLC United States
3362754 Online Support Computing Limited United Kingdom
U74999TN2017FTC1
15506 Onsight Analytics Solutions India Private Limited India
636312644 ONYX INSIGHT AUSTRALIA PTY LTD Australia
686-81-00064 Onyx Insight Korea Co.,Ltd. Korea, Republic of
T. 42302, F. 184, H.
M-748897 Onyx Insight Spain, S.L. Spain
202432836K Orchestra Management G1 Pte. Ltd. Singapore
13794983 OSW Investments Taiwan JVCo 1 Limited United Kingdom
13796726 OSW Investments Taiwan JVCo 2 Limited United Kingdom
13797421 OSW Investments Taiwan JVCo 3 Limited United Kingdom
C1301147 OutdoorSmart! Inc. Canada
42541265 Pakaa HoldCo ApS Denmark
628 898 153 Pathway Investments Australia Pty Limited Australia
Pelican Bidco LLC United States
Pelican Blocker Corporation United States
Pelican Investor Holdings LLC United States
12725744 Pembroke Green Limited United Kingdom
752614982 Petro Tradelinks Inc. United States
13843650 Philippines OSW Investments Limited United Kingdom
202121888K Phil-Tower Holdings Pte. Ltd. Singapore
617 378 006 Polaris Global Equity Fund (Hedged) Australia
603672975 PROPERTYIQ PTY LIMITED Australia
9.12001E+12 PT MACQUARIE SEKURITAS INDONESIA Indonesia
202123406C PTCI Holdings Pte. Ltd. Singapore
N/A PUMA SERIES 2015-3 Australia
N/A PUMA Series 2017-1 Australia
N/A PUMA Series 2019-1 Australia
N/A PUMA Series 2021-1P Trust Australia
N/A PUMA Series 2021-2 Trust Australia
N/A PUMA Series 2022-1 Trust Australia
N/A PUMA Series 2023-1 Trust Australia
N/A PUMA Series 2024-1 Trust Australia
N/A PUMA Series 2024-2 Trust Australia
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N/A PUMA Series 2025-1 Trust Australia
N/A PUMA Series 2026-1 Trust Australia
N/A PUMA Series R Trust Australia
N/A PUMA Series W Trust Australia
N/A PUMA SUBFUND B-1 Australia
654223 Purple Investco PPP Limited Ireland
7412524 Quickpump Services Limited United Kingdom
5273786 Quostar Solutions Limited United Kingdom
7818329 Rabb-IT (IT) Limited United Kingdom
12517501 Rayleigh Green Limited United Kingdom
15092424 Redini Bidco Limited United Kingdom
15091334 Redini Midco Limited United Kingdom
15120002 Redini Parentco Limited United Kingdom
15088338 Redini Topco Limited United Kingdom
671734071 REGINETTI HOLDINGS PTY LIMITED Australia
13515008 Renewables HoldCo Limited United Kingdom
CMP47096 Resolution IT Limited Guernsey
DMCC29287 Resolution IT MEA DMCC
United Arab Emirat
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200921086K RESOURCE MARINE PTE. LIMITED Singapore
114 594 080 REVERSE MORTGAGE SERVICES PTY LTD Australia
RHP AM, LP United States
827776 RIBOLLA SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ Poland
MC-25427 ROC Asia Pacific Private Equity Offshore Fund, L.P. Cayman Islands
827762 ROSELLE SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ Poland
S1T Holdings, Inc. United States
646786941 SAMPHIRE CHCO PTY LIMITED Australia
646765031 SAMPHIRE HOLDCO PTY LIMITED Australia
622786 Scheldt Investco PPP Ireland GP Limited Ireland
92-1250108 SCS Transmission Services LLC United States
SE Health LLC United States
SE Health Member LLC United States
SE Health Trust United States
SEV1TECH, LLC United States
Sierra-KBMP, LLC United States
627 172 445 SKYLIGHT DEV CO PTY LIMITED Australia
627 172 490 SKYLIGHT MID CO PTY LIMITED Australia
N/A SKYLIGHT MID TRUST Australia
627172543 SKYLIGHT PROJECT CO PTY LIMITED Australia
N/A SKYLIGHT PROJECT TRUST Australia
N/A SKYLIGHT RETAIL NORTH SUB TRUST Australia
627172589 SKYLIGHT RN PTY LIMITED Australia
N/A SMART ABS Series 2022-1P Trust Australia
N/A SMART ABS SERIES W2 TRUST Australia
N/A SMART ABS SERIES W3 Trust Australia
N/A SMART B Trust Australia
16769431004 Smeraldo New Energy S.R.L. Italy
1985150893 SOL PV 1 S.R.L. Italy
10481790961 Solar Italy III S.R.L. Italy
10482220968 Solar Italy VI S.R.L. Italy
11788560 Sole Renewables Italy Limited United Kingdom
38
11729534 Sole Renewables Limited United Kingdom
8128232 Somerset Farm (East Anglia) Ltd United Kingdom
12068057 Sonne (Italy) Holdings Limited United Kingdom
15514680 Sota Investments (UK) HoldCo Limited United Kingdom
Not registered Southern Ocean Offshore Wind Asset Trust Australia
655049595 SOUTHERN OCEAN OFFSHORE WIND PROJECT CO PTY LTD Australia
13843476 Southern Ocean Offshore Wind UK HoldCo Limited United Kingdom
Specialty Finance Holdings, Inc. United States
Sportsman Tracker, Inc. United States
10707700968 SR Augusta S.R.L. Italy
10707690961 SR Bari S.R.L. Italy
10707680962 SR Project 1 S.R.L. Italy
10706920963 SR Project 5 S.R.L. Italy
10706730966 SR San Giuseppe S.R.L. Italy
10706720967 SR Taranto S.R.L. Italy
10706710968 SR Torino S.R.L. Italy
10706700969 SR Trapani S.R.L. Italy
T26LP0046C SRF MACQUARIE LP Singapore
202613665R SRF MACQUARIE MANAGEMENT PTE. LTD. Singapore
34298324 Stichting Security Trustee E-MAC DE 2009-I Netherlands
16907778 Sturt Lendco Ltd United Kingdom
20-8538333 Substation Construction Services, LLC United States
Summerset Intermediate Holdings 2 LLC United States
1.64223E+11 Sunrider Holdings Single Member Societe Anonyme Greece
1.45646E+11 Sunrider Single Member Societe Anonyme Greece
91441900MA7GDQQ
P66 Sustainable Feedstocks Group Guangdong Limited China
13531506 Sustainable Feedstocks Group Limited United Kingdom
12428321 Taranis Bidco Limited United Kingdom
12412264 Taranis Midco Limited United Kingdom
12415435 Taranis Parentco Limited United Kingdom
12409681 Taranis Topco Limited United Kingdom
655672254 TC AKARUA 1 PTY LIMITED Australia
624 520 556 TC AKARUA 2 PTY LIMITED Australia
WC-374858 TC Feeder GP Ltd Cayman Islands
202105903W TC Singapore Holdings GP Pte Ltd Singapore
202132829Z TCK Holdings 1 GP Pte. Ltd. Singapore
6125647 Technical Drain Solutions Limited United Kingdom
12035922 Tenacity Capital Limited United Kingdom
14256032 The Caelum Way Limited United Kingdom
IT1935/08 THE MACQUARIE TOPI40 INVESTMENT TRUST South Africa
13167752 Thetis TopCo Limited United Kingdom
B-88282181 Ticopa Servicios Empresariales, S.L. Spain
16245141003 Topazio New Energy S.R.L. Italy
12159282 Tornado Acquisitions Bidco Limited United Kingdom
12156815 Tornado Acquisitions Midco Limited United Kingdom
12157015 Tornado Acquisitions Parentco Limited United Kingdom
12156673 Tornado Acquisitions Topco Limited United Kingdom
N/A TRAMS ABS Series 2015-1 Australia
12993812 Treglown Bidco Limited United Kingdom
12987770 Treglown Topco Limited United Kingdom
39
16536191 Tribera Group Ltd United Kingdom
FN 653533 d Tribera Real Estate Management AT GmbH Austria
HRB 26714 Tribera Real Estate Management DE GmbH Germany
45304345 Tribera Real Estate Management DK ApS Denmark
BZ-237107 Tribera Real Estate Management IT S.r.l Italy
83522131 Tribera Real Estate Management NL B.V. Netherlands
856173 Tribera Real Estate Management PL sp. z o.o. Poland
514838540 Tribera Real Estate Management PT, Unipessoal LDA Portugal
16114426 Tribera Real Estate Management UK Limited United Kingdom
2764070906 Trisol 81 S.r.l. Italy
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2012712838 Tristone Capital SA Ltd Canada
Turn Investor Holdings, LLC United States
7064975 UK Gas Transportation Limited United Kingdom
SC424067 UK Green Investment Bank Limited United Kingdom
6339585 UK Power Distribution Limited United Kingdom
858428283 UNL Solar 12 B.V. Netherlands
3705740 Utility Metering Services Limited United Kingdom
B-88164017 Valdebatan Solar S.L.U. Spain
12980402 Vanadium Holdco Limited United Kingdom
7773160 VentureAxis Consulting Limited United Kingdom
5040159 VentureAxis Limited United Kingdom
15326776 Ventus Sensing Limited United Kingdom
202235443N Vibrant Energy Holdings Company Two Pte. Ltd. Singapore
2021020007075-00 VIND ENERGY CORP. Philippines
90-0423397 W & R Corporate LLC United States
43-1244426 Waddell & Reed Services Company United States
16800386 Waldale Investments Limited United Kingdom
1.51637E+11 WattCrop Hellas I.K.E. Greece
13433898 Wattcrop Projects UK Limited United Kingdom
WaveCrest Energy, LLC United States
Whole Loan Trust United States
WI RNG EN LLC United States
WI RNG Hub North HoldCo LLC United States
85-2105927 WI RNG Hub North LLC United States
WI RNG MB LLC United States
WI RNG VDG LLC United States
54813080 WOODROSS NOMINEES PTY. LIMITED Australia
Woodway Bluebonnet Pipeline LLC United States
Woodway Energy Infrastructure LLC United States
Woodway Holdings LLC United States
Woodway Management Holdings LLC United States
Woodway Management LLC United States
Woodway Midstream Holdings LLC United States
Woodway Texas Coleto Connector LLC United States
Woodway Texas Pipeline LLC United States
12726341 Wylfa Green Limited United Kingdom
1449995 Yorkton Capital Partners II Inc. Canada
1430727 Yorkton Capital Partners Inc. Canada
14044244 Young OSW JVCo Limited United Kingdom
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B-88052105 Yubari Solar, S.L.U. Spain
8830710 ZENSEC LIMITED United Kingdom
665216419 Zenzero Australia Pty Ltd Australia
202463725 Zenzero EOOD Bulgaria
3313680 Zenzero Solutions Limited United Kingdom
2018/432891/07 Zenzero Technologies (Pty) Ltd South Africa
41
ANNEXURE B
Block Trade Agreement
42
Macquarie Securities (NZ) Limited
A Member of the Macquarie Group of Companies
Participant of NZX
Level 13, Pwc Tower
Commercial Bay
15 Customs Street West
Auckland, 1010
New Zealand
Telephone +64 9 357 6931
Fax +64 9 309 6220
Internet www.macquarie.com
Wednesday, 20 May 2026
Jason Boyes
Chief Executive
Infratil Investments Limited
PO Box 320
5 Market Lane
Wellington 6140
Dear Jason,
INFRATIL INVESTMENTS LIMITED SELL DOWN OF SHARES IN CONTACT ENERGY
LIMITED
Macquarie Securities (NZ) Limited (“Macquarie” or “Lead Manager”) in conjunction with its
affiliates is pleased to underwrite the disposal of approximately 53.5 million ordinary shares in
Contact Energy Limited (“Issuer”) at a fixed price of NZ$9.25, yielding total gross proceeds of
up to approximately NZ$495.2 million (“Proceeds”) to be conducted in accordance with the
timetable set out below for Infratil Investments Limited (the “Vendor” or “Client”) (“Sale” or
“Transaction”) subject to law and on the terms and conditions below.
The volume of the Sale Securities (as defined below) may be increased, subject to the terms
below.
When executed by you, this letter, any separate agreement regarding fees and any applicable
account opening and client documentation (together, the “Engagement Letter”), and together
with Macquarie’s Standard Terms of Engagement (“Standard Terms”) (together, the
43
“Engagement Agreement”), will constitute the entire agreement between the parties to execute
the Sale on the terms and conditions of the Engagement Agreement.
Vendor has received and accepted Macquarie’s Standard Terms in respect of the Sale. To the
extent of any inconsistency between the terms of this letter and the Standard Terms, this
Engagement Letter prevails.
For the purposes of the Engagement Agreement, “Security” means an ordinary share in the
issued capital of the Issuer.
Underwriting commitment
1. Macquarie agrees to underwrite and guarantee the sale of any Sale Securities not taken up as part of the
Sale (“Shortfall Shares”) by purchasing each of the Shortfall Shares from the Seller at the Price.
Vendor’s warranties and representations
2. As at the date of this Engagement Agreement and on each day until and including the Settlement Date,
the Vendor represents and warrants that:
o NZX: The Sale Securities are quoted on the financial product market operated by NZX known as
the main board equity security market.
o Ownership, encumbrances: Vendor is the registered holder and sole legal owner of the Sale
Securities and will transfer the full legal and beneficial ownership of the Sale Securities free and
clear of all liens, charges, security interests, claims, equities and pre-emptive rights, subject to
registration of the transferee(s) in the register of members of the Issuer.
o Body corporate: Vendor is a body corporate validly existing and duly established under the
laws of its place of incorporation.
o Capacity: Vendor has full legal capacity and power to enter into this Engagement Agreement
and to carry out the transactions that this Engagement Agreement contemplates.
o Authority and power to sell: Vendor has taken, or will have taken by the time required, all
corporate action that is necessary or desirable to authorise its entry into this Engagement
Agreement and its carrying out of the transactions that this Engagement Agreement
contemplates. Vendor has the corporate authority and power to sell the Sale Securities under
this Engagement Agreement and no person has a conflicting right, whether contingent or
otherwise, to purchase or to be offered for purchase the Sale Securities.
o Agreement effective: This Engagement Agreement constitutes its legal, valid and binding
obligation, enforceable against it in accordance with its terms.
Sale Securities
— 53,531,358 Securities (Code: ASX/NZX:CEN)
Price
— The underwritten fixed price shall be NZ$9.25 per Sale Security (“Price”)
Gross proceeds from
Sale
— NZ$495,165,061.50 (“Proceeds”)
Fees
— In consideration of performing its obligations under this Engagement
Agreement, Macquarie shall be entitled to such fees as the parties agree.
— Fees may be set off by Macquarie against amounts due to the Vendor under this
Engagement Agreement on the Settlement Date.
Timing
— Proposal valid until 5:00pm (Auckland time) on Wednesday, 20 May 2026
— Order under this Engagement Agreement to be executed on the NZX on the
Trade Date
Trade Date
— Thursday, 21 May 2026 (“T”)
Settlement Date
— Monday, 25 May 2026 (T + 2 business days)
— By 3.00pm on the Settlement Date, Macquarie will pay, or procure the payment
to the Vendor of, an amount equal to the Price multiplied by the number of Sale
Securities (net of any Fees) by transfer to the Vendor’s account (or as directed)
for value (in cleared funds) against valid delivery of the Sale Securities.
44
Securities Law Requirements
o Disclosure: The Sale Securities were offered for issue in reliance upon the exclusion in clause
19 of Schedule 1 to the Financial Markets Conduct Act 2013 (“FMCA”) and may be offered for
sale by the Vendor in accordance with this Engagement Letter without disclosure under Part 3 of
the FMCA.
o Non-Controller Non-Affiliate: Vendor is not a “controller” (as defined in section 50AA of the
Corporations Act 2001 (Aus) (“Corporations Act”)) and is not an affiliate” (as such term is
defined in Rule 501(b) of the U.S. Securities Act 1933, as amended (the “U.S. Securities Act”))
of the Issuer.
o Trading Halt – It will procure that NZX and ASX grant a trading halt in respect of the Issuer’s
ordinary shares which operates from opening of trading on the Trade Date until completion of
any bookbuild undertaken by Macquarie in respect of the Sale Securities.
o Ranking: Following the sale by Vendor, the Sale Securities will rank equally in all respects with
all other ordinary shares of the Issuer, including as to their entitlement to dividends.
o No breach: Vendor will not, prior to settlement on the Settlement Date, commit, be involved in or
acquiesce in any activity which breaches its constitutional documents, the constitutional
documents of the Issuer or applicable law or regulatory requirements (including, without
limitation, the requirements of any laws or regulations relating to anti-money laundering, counter-
terrorism financing, sanctions, bribery or corruption in New Zealand and in any of the
jurisdictions in which Vendor is incorporated or carries on business), in each case to the extent
such breach impacts or could reasonably be expected to impact on the sale of the Sale
Securities, this Engagement Agreement or the Issuer, and will promptly notify Macquarie of any
issues arising in connection with such matters during the Sale.
o No insider trading offence: The sale of the Sale Securities in accordance with this
Engagement Agreement will not constitute a violation by it of subpart 2 of Part 5 of the FMCA
and Vendor authorises Macquarie to disclose this to investors in connection with the sale of the
Sale Securities.
3. Permitted Persons and Permitted Jurisdictions: Subject to compliance with paragraphs 8 and 9,
Macquarie shall be entitled to procure and to allocate to such persons in the Permitted Jurisdictions
(defined below and including to itself and its affiliates) as purchasers of the Sale Securities as it shall, in
its absolute discretion, determine and Vendor shall take all reasonable steps necessary to facilitate the
disposal of the Sale Securities by Macquarie and shall, for that purpose, take all reasonable actions
requested by Macquarie within a reasonable period of such request. To this end, Macquarie will conduct
the Sale by way of an offer only to the following Permitted Persons in the Permitted Jurisdictions:
o In New Zealand, to persons who do not need disclosure under the FMCA;
o Outside New Zealand, to institutional and professional investors in the Permitted Jurisdictions
(as defined below) but not elsewhere (other than the United States, in accordance with the
paragraph directly below and the provisions of paragraph 4 of this Engagement Letter) to whom
offers for sale of securities may lawfully be made without requiring the preparation, delivery,
lodgement or filing of any prospectus or other disclosure document or any other lodgement,
registration or filing with, or approval by, a government agency (other than any such requirement
with which the Vendor, in its sole and absolute discretion, is willing to comply), as determined by
agreement between the Vendor and Macquarie; and
o In the United States: in accordance with the provisions of paragraph 4 of this Engagement
Letter.
Permitted Jurisdictions means New Zealand, Australia, Bermuda, Canada (British Columbia,
Ontario and Quebec provinces), Cayman Islands, European Union (excluding Austria), Hong Kong,
Japan, Kuwait, Norway, Singapore, Switzerland, United Arab Emirates (excluding the financial
centres), United Kingdom, United States
4. U.S. Securities Act: The Sale Securities will only be offered and sold:
45
o to persons that are not in the United States in “offshore transactions” (as defined in Rule 902(h)
under the U.S. Securities Act) in reliance on Regulation S under the U.S. Securities Act
(“Regulation S”); and
o to persons in the United States (i) whom Macquarie reasonably believes to be qualified
institutional buyers (“QIBs”), as defined in Rule 144A under the U.S. Securities Act (“Rule
144A”), in transactions exempt from the registration requirements of the U.S. Securities Act
pursuant to Rule 144A thereunder; or (ii) that are dealers or other professional fiduciaries
organised or incorporated in the United States that are acting for a discretionary or similar
account (other than an estate or trust) held for the benefit or account of persons that are not
"U.S. persons" (as defined in Rule 902(k) of Regulation S) for which they have, and are
exercising, investment discretion, within the meaning of Rule 902(k)(2)(i) of Regulation S
(“Eligible U.S. Fund Managers”) in reliance on Regulation S.
5. Macquarie’s warranties and representations: As at the date of this Engagement Letter and on each
day until and including the Settlement Date, Macquarie represents and warrants to Vendor that:
o Body corporate: Macquarie is a body corporate validly existing and duly established under the
laws of its place of incorporation.
o Capacity: Macquarie has full legal capacity and power to enter into this Engagement Agreement
and to carry out the transactions that this Engagement Agreement contemplates.
o Authority and power to sell: Macquarie has taken, or will have taken by the time required, all
corporate action that is necessary or desirable to authorise its entry into this Engagement
Agreement and its carrying out of the transactions that this Engagement Agreement
contemplates. Macquarie has the corporate authority and power to acquire the Sale Securities
under this Engagement Agreement.
o Agreement effective: This Engagement Agreement constitutes its legal, valid and binding
obligation, enforceable against it in accordance with its terms.
o Status: Macquarie (or its relevant affiliate) is a not a person to whom disclosure needs to be
made under the FMCA or any other applicable laws (including the Corporations Act) and it is an
Accredited Investor within the meaning of Rule 501(a)(1), (2), (3), (7) or (8) under the U.S.
Securities Act or is not a “U.S. person” (as defined in Rule 902(k) of Regulation S).
o Takeovers Code matters: Macquarie (or its relevant affiliate) is a professional underwriter (in
terms of the Takeovers Code (Professional Underwriters) Exemption Notice 2004) and is
entering into this Engagement Agreement in order to earn underwriting fees. Neither Macquarie
nor any affiliate of Macquarie has a collateral purpose or intention, in respect of Macquarie's
entry into this Engagement Agreement, of enabling Macquarie or any of its affiliates to increase
their control percentage in the Issuer.
o No reliance: It has made its own independent enquiry and investigations in relation to the Sale
Securities and the Issuer and has entered into this Engagement Agreement in reliance solely on
its own judgment and not in reliance on any representations or conduct of Vendor or any of its
representatives (other than those expressly set out in this Engagement Agreement).
o No stabilisation or manipulation: Neither the Underwriter nor any of its affiliates has taken or
will take, directly or indirectly, any action designed to, or that might reasonably be expected to,
cause or result in the stabilisation or manipulation of the price of the Sale Securities in violation
of any applicable law.
o Compliance: Macquarie and its affiliates will perform their obligations under this Engagement
Agreement, and the Sale will be conducted by them, in accordance with all applicable laws and
regulations in any relevant jurisdiction, provided that it shall not be in breach of this warranty to
the extent any breach is caused by any act or omission which constitutes a breach by Vendor of
its representations, warranties and undertakings in paragraph 2, or a breach by an investor of its
undertakings, representations and warranties described in paragraph 9.
6. Reliance: Each party giving a representation and warranty acknowledges that each other party has relied
on the above representations and warranties in entering into this Engagement Agreement and will
continue to rely on them in performing its obligations under this Engagement Agreement.
46
7. Notification: Each party agrees that it will notify the other party promptly upon becoming aware of any of
the following occurring prior to the Settlement Date:
o any material change affecting any of the representations and warranties in this Engagement; or
o any of the representations or warranties in this Engagement Agreement becoming materially
untrue or materially incorrect.
8. Manner of Sale: Macquarie will conduct the Sale by way of an offer only in accordance with all applicable
laws in any jurisdiction including the Financial Markets Conduct Act 2013 (the "FMCA"), the Takeovers
Regulations 2000 (the "Takeovers Code"), the Overseas Investment Act 2005 (the "OIA") and the
Corporations Act, and in particular to persons, and by way of transactions, that do not (in New Zealand)
require disclosure under Part 3 of the FMCA or (in Australia) that do not need a prospectus or other
disclosure document or any other lodgement, delivery, registration or filing with, or approval by, a
government agency (including disclosure under Part 6D.2 of the Corporations Act) or (if outside Australia
or New Zealand) without requiring the preparation, delivery, lodgement or filing of any prospectus or other
disclosure document or any other lodgement, registration or filing with, or approval by, a government
agency (other than any such requirement with which the Vendor, in its sole and absolute discretion, is
willing to comply), provided that Macquarie will not be in breach of this paragraph to the extent any breach
is caused by: (i) an act or omission by the Vendor, or its affiliates, officers, employees or representatives
which constitutes a breach by the Vendor of its representations and warranties in this Engagement
Agreement or (ii) a breach by an investor of its undertakings, representations and warranties described in
paragraph 9.
9. Investor representations: Macquarie must require any investor that purchases Sale Securities to
confirm, including through deemed representations and warranties, among other things:
o its status as an investor meeting the requirements of paragraph 8; and
o that they are able to make the relevant purchase in compliance with all relevant laws and
regulations (including the insider trading provisions of the FMCA, the Takeovers Code, and the
OIA).
10. Instructions: Vendor is providing specific instructions to Macquarie to underwrite the sale of the Sale
Securities in the ordinary course of Macquarie’s financial services business, including without limitation,
communicating with and procuring purchasers for, acquiring and disposing of the Sale Securities under
the Engagement Agreement.
11. Bookbuild, Bloomberg and notifications: The Vendor's prior written approval is required (whether
received directly or indirectly from the Vendor’s legal counsel or other representatives) in respect of any
Bloomberg and any other marketing material in connection with the Sale, such approval not to be
unreasonably withheld or delayed. Subject to the foregoing, Vendor authorises Macquarie to notify
potential purchasers of its representations, warranties and undertakings contained in in this Engagement
Agreement, including in relation to the escrow representations set out in Schedule 1, and also authorises
Macquarie to disclose the identity of Vendor to potential purchasers, in each case, where such disclosure
is reasonably necessary Macquarie to fulfil its obligations under this Engagement Agreement.
12. Announcements: Unless required by applicable law, a legal or regulatory authority or applicable listing
rules, and except as required in relation to procedural announcements via Bloomberg, the prior written
consent of the Vendor must be obtained prior to Macquarie making any public release or public
announcement in relation to the Sale prior to settlement on the Settlement Date and such release or
announcement must be in compliance with all applicable laws, including the securities laws of New
Zealand, Australia and any other jurisdiction.
13. No withdrawal: The parties agree that on and from execution of this Engagement Agreement by
Macquarie and the Vendor, neither party will withdraw from the Sale, cancel or suspend its obligations
under the Engagement Agreement or terminate the Engagement Agreement, except in accordance with
the Engagement Agreement.
14. Schedules: In addition to the terms set out above, the provisions of the Schedules apply to and govern
the relationship between Macquarie and the Vendor and by executing this Engagement Agreement,
Vendor will be deemed to have represented, mandated and agreed as to the matters covered by the
Schedules.
47
15. Upon receipt of a signed copy of this letter by all parties, Vendor will be taken to have instructed
Macquarie, and Macquarie will be taken to have agreed, to conduct and underwrite the Sale on the terms
of this Engagement Agreement and the relevant documentation.
Yours faithfully
Macquarie Securities (NZ) Limited
......................................................
Signature of authorised representative
......................................................
Signature of authorised representative
......................................................
Name of authorised representative
(block letters)
......................................................
Name of authorised representative (block
letters)
48
Vendor execution and confirmation
EXECUTED by Infratil Investments Limited by its authorised signatories:
......................................................
Signature of director
......................................................
Signature of director
......................................................
Name of director (block letters)
......................................................
Name of director (block letters)
49
SCHEDULE 1 – ESCROW
1. The Vendor undertakes to Macquarie to make an announcement to NZX and ASX by no
later than 9.00am (Auckland time) on the Trade Date that it will not, at any time on and
from the date of this Engagement Agreement until the release of the Issuer’s results
announcement for the year ended 30 June 2026 (expected on or around 18 August
2026) (the “Relevant Period”), Deal in all or any of the fully paid ordinary securities
held by it in the Issuer (“Remaining Securities”) after settlement of the Sale of the
Sale Securities pursuant to this Agreement, excluding a sale, transfer or disposal to an
affiliate of the Vendor who makes a representation to the Vendor on the date of such
sale, transfer or disposal that it gives an undertaking to the Vendor not at any time
during the remainder of the Relevant Period, to Deal in all or any of such the Remaining
Securities sold, transferred or disposed to it (excluding any further sale, transfer or
disposal to an affiliate as contemplated by this clause 1 of this Schedule 1).
2. Each party to the Engagement Agreement acknowledges that the undertaking in clause
1 of this Schedule 1 is an undertaking to make a statement to NZX and ASX only:
a. is not intended to, and does not give Macquarie any power to dispose of, or
control the disposal of, the Remaining Securities the subject of the undertaking;
and
b. has been provided to only address the financial consequences of the Vendor
disposing of, or dealing with, any Remaining Securities held by it and
accordingly any breach of the undertaking:
(1) only gives rise to a right to damages and the parties acknowledge that, in
such circumstances, damages are an adequate remedy for breach of the
undertaking; and
(2) does not entitle Macquarie to a remedy of specific performance.
3. For the purposes of this clause, “Deal” in respect of the Remaining Securities means:
a. sell, assign, transfer or otherwise dispose of;
b. agree to offer to sell, assign, transfer or otherwise dispose of;
c. enter into any option which, if exercised (whether such exercise is subject to
conditions or otherwise), enables or requires the Vendor to sell, assign, transfer
or otherwise dispose of; or
d. decrease or agree to decrease an economic interest in,
the Remaining Securities, but excludes:
e. a repurchase (whether by buy-back, reduction of capital or other means) of
Remaining Securities by the Issuer;
f. any acceptance by the Vendor of a takeover offer for the Issuer in accordance
with the Takeovers Code or any transfer pursuant to a scheme of arrangement
under Part 15 of the Companies Act 1993 (including entry into any pre-bid
agreement or voting rights agreement permitted by the Takeovers Code in
advance of a takeover offer);
g. a sale, transfer or disposal to a third party where it is a condition of the sale
that the third party announce an intention to acquire, or propose a transaction
to acquire, greater than 50% of the ordinary shares of the Issuer; or
h. the sale of any Remaining Securities in accordance with the terms of this
Agreement.
50
SCHEDULE 2 – GST & WITHHOLDING TAX
1. Definitions and Interpretation: In this Engagement Letter, unless the context indicates
otherwise:
a. GST Act means the Goods and Services Tax Act 1985;
b. GST means goods and services tax levied under the GST Act, at the rate prevailing
from time to time, including any tax levied in substitution for such tax, but
excluding any penalties or interest payable in respect of such tax;
c. All words and phrases used in this Schedule (other than clause 7 of this Schedule)
that are defined in the GST Act have the meanings given in the GST Act.
2. Financial services: The parties record their understanding that any supplies made in New
Zealand by Macquarie in discharging its obligations to the Vendor under this Engagement
Agreement that are taxable supplies are supplies of financial services that are subject to
clause 3 of this Schedule) exempt supplies under and for the purposes of the GST Act.
3. Zero-rating: The Vendor acknowledges that Macquarie (or the representative member of the
GST group of which Macquarie is a member) may seek to treat supplies made by Macquarie
under this Engagement Agreement that are taxable supplies as zero-rated for GST purposes
under section 11A(1)(q) or (r) of the GST Act. For this purpose, the Vendor confirms that it
will provide reasonable assistance to Macquarie in connection with determining whether, or
to what extent, supplies under this Engagement Agreement may be zero-rated under those
provisions, but will give no warranty, representation or other assurance whatsoever with
respect to this matter.
4. GST Amount: Unless provided otherwise, if any supply made under this Engagement
Agreement is a taxable supply, the recipient of the supply (Recipient) must pay to the party
making the taxable supply (Supplier), in addition to and at the same time as the
consideration otherwise payable for that supply, but subject to the Recipient’s receipt of the
requisite taxable supply information issued by the Supplier in respect of that supply, an
amount equal to the GST charged in respect of that supply (GST Amount).
5. Payment Differences: If the GST payable by the Supplier in connection with a taxable supply
made under or in connection with this Engagement Agreement differs from the GST Amount
paid by the Recipient under clause 4 of this Schedule, the Supplier must repay any excess
to the Recipient or the Recipient must pay any deficiency to the Supplier, as appropriate
within five business days of the Supplier providing the Recipient with a written notification
regarding the difference in the GST payable. Where the difference in the GST payable
results from an event referred to in section 25(1) of the GST Act, the Supplier will issue
supply correction information as required by the GST Act.
6. Input Tax Credit: If any amounts payable by the Vendor to Macquarie under this
Engagement Agreement are calculated by reference to a cost or expense incurred by
Macquarie, the amount payable to Macquarie under any other provision of this Engagement
Agreement must be reduced by the amount of any input tax credit to which the Lead
Manager (or the GST group of which the Lead Manager is a member) is entitled in
connection with that cost or expense.
7. Withholding Tax: If any amount payable by either party to the other under this Engagement
Agreement is or becomes subject to any withholding tax or other deduction required by law,
the amount payable by the paying party to the other under this Engagement Agreement will
be reduced by the relevant withholding tax or deduction and the paying party will not be
required to gross up or otherwise compensate the other party on account of the withholding
tax or deduction.
51
SCHEDULE 3 - U.S. OFFER REPRESENTATIONS
(Vendor U.S. representations):
As at the date of this Engagement Agreement and on each day until and including the
Settlement Date, the Vendor represents and warrants that:
a) none of it, any of its affiliates or any person acting on behalf of any of them (other than
Macquarie or its affiliates or any person acting on behalf of any of them, as to whom it
makes no representation) has offered or sold, or will offer or sell, any of the Sale
Securities in the United States, using any form of "general solicitation" or "general
advertising" within the meaning of Rule 502(c) under the U.S. Securities Act or in any
manner involving a public offering of the Sale Securities in the United States within the
meaning of Section 4(a)(2) of the U.S. Securities Act;
b) with respect to those Sale Securities sold in reliance on Regulation S, none of it, any of
its affiliates, or any person acting on behalf of any of them (other than Macquarie or its
affiliates or any person acting on behalf of any of them, as to whom it makes no
representation) has engaged or will engage in any "directed selling efforts" (as that
term is defined in Rule 902(c) under the U.S. Securities Act) in the United States;
c) to the best of its knowledge, the Issuer is a 'foreign private issuer' as defined in Rule
405 under the U.S. Securities Act and there is no 'substantial U.S. market interest' (as
defined in Rule 902(j) under the U.S. Securities Act) in the Sale Securities or any
security of the same class or series as the Sale Securities;
d) neither it nor any of its affiliates has taken or will take, directly or indirectly, any action
designed to, or that might reasonably be expected to, cause or result in the stabilisation
or manipulation of the price of the Sale Securities in violation of any applicable law;
e) none of it, any of its affiliates or any person acting on behalf of any of them (other than
Macquarie or its affiliates or any person acting on behalf of any of them, as to whom it
makes no representation or warranty), has solicited any offer to buy, offered to sell or
sold, and none of them will solicit any offer to buy, offer to sell or sell in the United
States any security which could be integrated with the sale of the Sale Securities in a
manner that would require the offer and sale of the Sale Securities to be registered
under the U.S. Securities Act;
f) subject to compliance by Macquarie with its obligations under representations (c), (d),
(e) and (f) below, it is not necessary to register the offer and sale of the Sale Securities,
or the initial offer and resale of the Sale Securities by Macquarie, in each case in the
manner contemplated by this Engagement Letter under the U.S. Securities Act, it being
understood that it makes no representation or warranty about any subsequent resale of
the Sale Securities;
g) to the best of its knowledge, the Sale Securities are eligible for resale pursuant to Rule
144A and are not of the same class as securities listed on a national securities exchange
registered under Section 6 of the U.S. Securities Exchange Act of 1934 (the “Exchange
Act”) or quoted in a U.S. automated interdealer quotation system; and
h) to the best of its knowledge, the Issuer is exempt from reporting under Section 13 or
15(d) of the Exchange Act pursuant to Rule 12g3-2(b) thereunder.
(Lead Manager U.S representations)
As at the date of this Engagement Agreement and on each day until and including the
Settlement Date, Macquarie represents and warrants that:
a) it is an Accredited Investor within the meaning of Rule 501(a)(1), (2), (3), (7) or (8)
under the U.S. Securities Act or is not in the United States;
b) it acknowledges that the offer and sale of the Sale Securities have not been and will not
be registered under the U.S. Securities Act and may not be offered or sold in the United
States except pursuant to an exemption from, or in a transaction not subject to, the
registration requirements of the U.S. Securities Act and applicable U.S. state securities
laws;
c) none of it, its affiliates nor any person acting on behalf of any of them has solicited
offers for or offered to sell, and none of them will solicit offers for, or offer or sell, the
52
Sale Securities in the United States, using any form of "general solicitation" or "general
advertising" within the meaning of Rule 502(c) under the U.S. Securities Act or in any
manner involving a public offering in the United States within the meaning of Section
4(a)(2) of the U.S. Securities Act;
d) all offers and sales of the Sale Securities in the United States by it and any of its
affiliates will be effected through its U.S. broker-dealer affiliates;
e) it, its affiliates and any person acting on behalf of any of them has offered and sold the
Sale Securities, and will offer and sell the Sale Securities:
i. in the United States, only (A) to persons that it reasonably believes to be QIBs
in transactions exempt from the registration requirements of the U.S. Securities
Act under Rule 144A thereunder, or (B) to Eligible U.S Fund Managers, in
reliance on Regulation S under the U.S. Securities Act; and
ii. to persons that are not in the United States in "offshore transactions" (as
defined in Rule 902(h) under the U.S. Securities Act) in accordance with
Regulation S under the U.S. Securities Act;
f) with respect to those Sale Securities sold in reliance on Regulation S, none of it, its
affiliates nor any person acting on behalf of any of them has engaged or will engage in
any "directed selling efforts" (as that term is defined in Rule 902(c) under the U.S.
Securities Act); and
g) neither it nor any of its affiliates has taken or will take, directly or indirectly, any action
designed to, or that might reasonably be expected to, cause or result in the stabilisation
or manipulation of the price of the Sale Securities in violation of any applicable law.
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.
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