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 Limited
and
To Wellington Drive Technologies Limited
Date this disclosure made: 2 November 2016
Date on which substantial holding began: 28 October 2016
Substantial product holder(s) giving disclosure
Full name(s): Smartshares Limited (Custodian - BNP Paribas Nominees (NZ)
Limited)
Summary of substantial holding
Class of quoted voting products: Ordinary shares (WDT)
Summary for Smartshares Limited (Custodian - BNP Paribas Nominees (NZ)
Limited)
For this disclosure,--
(a) total number held in class: 64,409,535
(b) total in class: 231,684,047
(c) total percentage held in class: 27.801%
Details of relevant interests
Details for BNP Paribas Nominees (NZ) Limited
Nature of relevant interest(s): Registered holder of financial products
For that relevant interest,--
(a) number held in class: 64,409,535
(b) percentage held in class: 27.801%
(c) current registered holder(s): SuperLife Trustee Nominees Limited
(d) registered holder(s) once transfers are registered: BNP Paribas
Nominees (NZ) Limited
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
Details for Smartshares Limited
Nature of relevant interest(s): Ability to control the exercise of the right
to vote due to the provisions of the SuperLife Invest Trust Deed which is
available on the Disclose Register.
For that relevant interest,--
(a) number held in class: 64,409,535
(b) percentage held in class: 27.801%
(c) current registered holder(s): SuperLife Trustee Nominees Limited
(d) registered holder(s) once transfers are registered: BNP Paribas
Nominees (NZ) Limited
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
Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure: Transfer of
interest in financial products by the SuperLife Superannuation Scheme to the
SuperLife Invest managed investment scheme, as part of the FMCA transition.
The SuperLife Superannuation Scheme is managed by SuperLife Limited, a sister
company of Smartshares Limited.
Additional information
Address(es) of substantial product holder(s): c/o Level 7, Zurich House, 21
Queen Street, Auckland 1011 PO Box 106 555, Auckland 1143, New Zealand
Contact details: c/o Stephen Upton, DDI: (09) 375 9163
Nature of connection between substantial product holders: BNP Paribas
Nominees (NZ) Limited is the custodian of the SuperLife Invest managed
investment scheme and Smartshares Limited is the manager of the SuperLife
Invest managed investment scheme.
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 financial products to which this disclosure relates: SuperLife
Limited, SuperLife Trustee Limited and SuperLife Trustee Nominees Limited, in
their respective capacities as manager, trustee and nominee of the SuperLife
Superannuation Scheme.
Certification
I, Stephen Upton, 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:00291982 For:WDT Type:SSH Time:2016-11-03 08:30:52