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 NZX Limited
and
To The a2 Milk Company Limited (ATM)
Relevant event being disclosed: Disclosure of Movement of 1% or more
Date of relevant event: 23 August 2016
Date this disclosure made: 25 August 2016
Date last disclosure made: 13 June 2016
Substantial product holder(s) giving disclosure
Full name(s): Challenger Limited (ACN 106 842 371) and the entities listed
in Annexure 3.
Summary of substantial holding
Class of quoted voting products: Ordinary fully and partly paid shares in ATM
NZX
Summary for Challenger Limited (ACN 106 842 371) and its entities in Annexure
3.
For this disclosure,--
(a) total number held in class: 52,282,797
(b) total in class: 723,300,065
(c) total percentage held in class: 7.23%
For last disclosure,--
(a) total number held in class: 59,956,362
(b) total in class: 723,300,065
(c) total percentage held in class: 8.29%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure: Purchase on
market as set out more fully in Annexure 2.
Details after relevant event
Details for Challenger Limited (ACN 106 842 371) and the entities listed in
Annexure 3.
Nature of relevant interest(s):
Challenger Limited is the ultimate holding company of certain subsidiaries
that are responsible entities of registered managed investment schemes that
have a relevant interest and subsidiaries that have a non-controlling
interest in certain boutique investment managers. The boutique investment
managers have a relevant interest in the products by virtue of investment
management agreements.
For that relevant interest: --
(a) number held in class: 52,282,797
(b) percentage held in class: 7.23%
(c) current registered holder(s): See Annexure 1
(d) registered holder(s) once transfers are registered: See Annexure 1
For a derivative relevant interest, also--
(a) type of derivative: N/A
(b) details of derivative: N/A
(c) parties to the derivative: N/A
(d) if the substantial product holder is not a party to the derivative, the
nature of the relevant interest in the derivative: N/A
Additional information
Challenger Limited is the ultimate holding company of certain subsidiaries
that are responsible entities of registered managed investment schemes that
have a relevant interest and subsidiaries that have a non-controlling
interest in Greencape Capital Pty Limited and Wavestone Capital Pty Limited.
Greencape Capital Pty Limited and Wavestone Capital Pty Limited have a
relevant interest in the products by virtue of investment management
agreements. The relevant agreements need not be attached under regulation
139.
Address(es) of substantial product holder(s): Level 2, 5 Martin Place, Sydney
NSW Australia 2000
Contact details: Andrew Brown, Company Secretary, Challenger Limited.
Email abrown@challenger.com.au; Telephone +612 9994 7268
Certification
I, Andrew John Brown, 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:00287910 For:ATM Type:SSH Time:2016-08-26 08:30:57