Wednesday, 22 August 2018

Announcement

SHINTR: SKL: SPH Notice - First Pacific Advisors, LLC ("FPA")

10 Jan 2018 17:19NZX
Disclosure of movement of 1% or more in substantial holding
or change in nature of relevant interest, or both
Sections 277 and 278, Financial Markets Conduct Act 2013

To: NZX Limited

To: Skellerup Holdings Limited

Relevant event being disclosed: Movement of 1% in the substantial holding

Date of relevant event: 08 January 2018

Date this disclosure made: 09 January 2018

Date last disclosure made: 09 March 2017

Substantial product holder(s) giving disclosure
Full name(s):

First Pacific Advisors, LLC ("FPA") is an investment management firm
registered with the U.S. Securities and Exchange Commission. Pursuant to
investment management contracts, FPA serves as an investment adviser for (i)
FPA Funds Trust - FPA International Value Fund; (ii) FPA Global Opportunity
Fund (a series of FPA Hawkeye Fund, LLC); and (iii) Kinsale Navigator Fund.

Summary of substantial holding
Class of quoted voting products: Ordinary shares (SKL)

For this disclosure:

(a) total number held in class: 11,608,326
(b) total in class: 192,805,807
(c) total percentage held in class: 6.021%

For last disclosure:

(a) total number held in class: 13,721,708
(b) total in class: 192,805,807
(c) total percentage held in class: 7.117%

Details of transactions and events giving rise to relevant event

Details of the transactions or other events requiring disclosure:

There was a movement of 1% or more of the substantial holding. Beginning 01
August 2017 and ending 08 January 2018, FPA on behalf of the above named
registered holders, sold via on-market trading a total of 2,774,224 shares
versus NZD4, 957,608. As a result, FPA''s aggregate ownership decreased to
6.021% as of market close on 08 January 2018.

Details after relevant event
FPA Funds Trust - FPA International Value Fund
Nature of relevant interest(s):
Pursuant to an investment advisory agreement dated December 1, 2011, FPA has
the authority to determine, in its sole discretion, the securities to be
purchased or sold on behalf of the Fund, and the power to exercise all voting
rights attached thereto.

For that relevant interest:
(a) number held in class: 2,481,765
(b) percentage held in class: 1.287%
(c) current registered holder(s): FPA Funds Trust - FPA International Value
Fund, with additional products sold on-market
(d) registered holder(s) once transfers are registered: FPA Funds Trust - FPA
International Value Fund
FPA Global Opportunity Fund (a series of FPA Hawkeye Fund, LLC)

Nature of relevant interest(s):

Pursuant to the third amended and restated limited liability agreement dated
September 15, 2014, FPA has the authority to determine, in its sole
discretion, the securities to be purchased or sold on behalf of the Fund, and
the power to exercise all voting rights attached thereto.

For that relevant interest:

(a) number held in class: 8,499,688
(b) percentage held in class: 4.408%
(c) current registered holder(s): FPA Global Opportunity Fund (a series of
FPA Hawkeye Fund, LLC), with additional products sold on-market
(d) registered holder(s) once transfers are registered: FPA Global
Opportunity Fund (a series of
FPA Hawkeye Fund, LLC)

Kinsale Navigator Fund

Nature of relevant interest(s):

Pursuant to an investment management agreement dated September 11, 2015, FPA
was appointed to provide discretionary investment management and advisory
services, including the authority to determine the securities to be purchased
or sold on behalf of the Fund, and the power to exercise all
voting rights attached thereto.

For that relevant interest:

(a) number held in class: 626,873
(b) percentage held in class: 0.325%
(c) current registered holder(s): Kinsale Navigator Fund, with additional
products sold on- market
(d) registered holder(s) once transfers are registered: Kinsale Navigator
Fund

Additional information
Address of substantial product holder(s):
First Pacific Advisors, LLC, 11601 Wilshire Blvd., Suite 1200, Los Angeles,
CA 90025 USA

Contact details:
Marie McAvenia, (310) 996-5432, marie@fpafunds.com

Name of any other person believed to have given, or believed to be required
to give, a disclosure under the Financial Markets Conduct Act 2013 in
relation to the financial products to which this disclosure relates: N/A

Certification
I, Marie McAvenia, 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:00312904 For:SKL    Type:SHINTR     Time:2018-01-10 17:19:40
Views: 103
Skellerup Holdings
 1.790 Change:
0.00
0.00%
 
Open:1.790 
High:1.790 
Low:1.790 
Volume:4,000 
Last Traded:07/02/18 09:14:28 
Bid:1.790 
Ask:1.790 
52-Wk High:1.930 
52-Wk Low:1.480