Sunday, 17 February 2019


SHINTR: WTL: SPH Notice - Mercury NZ Limited

01 Feb 2018 11:58NZX
Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013

To NZX Limited
To Windflow Technology Limited

Date this disclosure made: 1 February 2018

Date last disclosure made: 22 April 2015

Date on which substantial holding ceased: 29 January 2018

Substantial product holder(s) giving disclosure
Full name(s): Mercury NZ Limited

Summary of previous substantial holding
Class of quoted voting products: Ordinary Shares (NZX Code: WTL)

Summary for Mercury NZ Limited
For last disclosure,--
(a) total number held in class: 2,382,496
(b) total in class: 38,645,954
(c) total percentage held in class: 6.165%

For current holding after ceasing to have substantial holding,--
(a) total number held in class: 2,382,496
(b) total in class: 92,167,691
(c) total percentage held in class: 2.585%

Details of transactions and events giving rise to ceasing of substantial

Details of the transactions or other events requiring disclosure: On 29
January 2018 Windflow Technology Limited converted 17,840,579 redeemable
convertible preference shares in Windflow Technology Limited to 53,521,737
ordinary shares. Due to the conversion, Mercury NZ Limited''s shareholding has
been diluted to 2.585%.

Additional information
Address(es) of substantial product holder(s): PO Box 90399, Auckland 1142

Contact details: Garth Landers, +64 9 308 6357,

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

I, Garth Landers, 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:00313648 For:WTL    Type:SHINTR     Time:2018-02-01 11:58:06
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