SPH Notice - Investment Services Group Limited

100080615/3821102.1
1
Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013
Note: This form must be completed in accordance with the instructions at the end of the
form.
To NZX
and
To NZX Limited
Date this disclosure made: 09/11/2026
Date on which substantial holding began: 06/11/2026
Substantial product holder(s) giving disclosure
Full name(s): Investment Services Group Limited
Summary of substantial holding
Class of quoted voting products: Ordinary Shares
Summary for Investment Services Group Limited
For this disclosure, —
(a) total number held in class:
16,573,920

(b) total in class: 329,241,123
(c) total percentage held in class: 5.034%
Details of relevant interests

Devon Funds Management Limited and Clarity Funds Management Limited are subsidiaries
of Investment Services Group Limited.
Details for Devon Funds Management Limited
Nature of relevant interest(s): Related party of Investment Services Group
Limited
For that relevant interest,—
Summary for Devon Funds Management Limited
(a) total number held in class:
15,154,670

(b) total in class: 329,241,123

(c) total percentage held in class: 4.60%

100080615/3821102.1
2

Details for Clarity Funds Management Limited
Nature of relevant interest(s): Related party of Investment Services Group
Limited.
For that relevant interest,—
Summary for Clarity Funds Management Limited
(a) total number held in class:
1,419,250

(b) total in class: 329,241,123
(c) total percentage held in class: 0.43%

For a derivative relevant interest, also— NA
(a) type of derivative: [eg, option or swap agreement]
(b) details of derivative: [specify details required by the instructions to this form]
(c) parties to the derivative:
(d) if the substantial product holder is not a party to the derivative, the nature of the
relevant interest in the derivative:

100080615/3821102.1
3
Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure: Transaction in four
months between 06.07.2026-06.11.2026
Transaction Type Volume
Consideration
Paid
Purchases 9,818,365
$
22,285,478.48
Sales 797,700
$
1,180,457.27

Additional information
Address(es) of substantial product holder(s): Investment Services Group Limited,
Level 17, HSBC Tower, 188 Quay Street, Auckland 1010
Contact details: Teodoro Reidel +64 21 225 9866 Teodoro.reidel@investgroup.co.nz
None to give, a disclosure under the Financial Markets Conduct Act 2013 in relation to the
financial products to which this disclosure relates: Devon Funds Management Limited &
Clarity Funds Management Limited
Certification
I, Teodoro Reidel, 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.