Sunday, 18 February 2018

Announcement

SHINTR: ZEL: SPH Notice - Lazard Asset Management LLC

14 Dec 2017 08:30NZX
Disclosure of movement of 1% or more in substantial holding
or change in nature of relevant interest, or both

Sections 277 and 278, Financial Markets Conduct Act 2013

Note: This form must be completed in accordance with the instructions at the
end of the form.

To   New Zealand Stock Exchange (NZX)
and
To    Z Energy Ltd

Relevant event being disclosed: A movement of 1% or more in the substantial
holding or a change in the nature of any relevant interest in the substantial
holding, or both

Date of relevant event:   11 December 2017

Date this disclosure made:    13 December 2017

Date last disclosure made:    23 November 2017

Substantial product holder(s) giving disclosure
Full name(s):  Lazard Asset Management LLC and its related bodies corporate
listed in Annexure A

Summary of substantial holding
Class of quoted voting products:     Ordinary Shares in Z Energy Ltd

Summary for Lazard Asset Management LLC

For this disclosure,--
(a) total number held in class:   45,595,657
(b) total in class:    400,000,000
(c) total percentage held in class:    11.399%

For last disclosure,--
(a) total number held in class:    40,480,324
(b) total in class:    400,000,000
(c) total percentage held in class:    10.120%
Details of transactions and events giving rise to relevant event

Details of the transactions or other events requiring disclosure: See
Annexure B. All on market trades

Details after relevant event

Details for    Lazard Asset Management LLC
Nature of relevant interest(s):    Lazard Asset Management LLC''s ordinary
business consists of, or includes, the investment of some or all of the funds
of another person under investment management contracts or as the manager of
mutual funds and under those documents has the power to exercise, or to
control the exercise of, a right to vote attached to the quoted product or
has the power to acquire or dispose of, or to control the acquisition or
disposal of, the quoted product.  The relevant interests, arising under the
investment management contracts, arise only from the powers of those
documents.  The relevant agreement documents need not be attached under
regulation 139.

For that relevant interest,--
(a) number held in class:     45,595,657
(b) percentage held in class:  11.399%
(c) current registered holder(s):    See Annexure C.
(d) registered holder(s) once transfers are registered:    No change

For a derivative relevant interest, also--
(a) type of derivative:    Not applicable
(b) details of derivative:    Not applicable
(c) parties to the derivative:   Not applicable
(d) if the substantial product holder is not a party to the derivative, the
nature of the relevant interest in the derivative:   Not applicable

Additional information
Address of substantial product holder:   30 Rockefeller Plaza, 55th Floor,
New York, NY, 10012
Contact details:    Apnavi Saddington; apnavi.saddington@lazard.com; +61 2
8274 1422

*Nature of connection between substantial product holders: the substantial
product holders are all related companies of Lazard Asset Management LLC.
See Annexure A

Name of any other person believed to have given, or believed to be required
to give, a disclosure under the Financial Markets Conduct Act 2013 in
relation to the financial products to which this disclosure relates: Not
applicable

Certification
I, Apnavi Saddington, 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.
End CA:00311894 For:ZEL    Type:SHINTR     Time:2017-12-14 08:30:21
Views: 58
Z Energy Limited Ordinary Shares
 7.200 Change:
0.00
0.00%
 
Open:7.200 
High:7.200 
Low:7.200 
Volume:9,990 
Last Traded:07/02/18 09:12:48 
Bid:7.210 
Ask:7.150 
52-Wk High:8.040 
52-Wk Low:6.800