Disclosure of ceasing to have substantial holding
Section 279, 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)
Date this disclosure made: 7 April 2017
Date last disclosure made: 23 December 2016
Date on which substantial holding ceased: 6 April 2017
Substantial product holder(s) giving disclosure
Full name(s): Harbour Asset Management Limited
Summary of previous substantial holding
Class of quoted voting products: The a2 Milk Company Limited (ATM)
Summary for Harbour Asset Management Limited & First NZ
Capital Securities Limited
For last disclosure,--
(a) total number held in class: 36,398,472
(b) total in class: 725,620,065
(c) total percentage held in class: 5.016%
For current holding after ceasing to have substantial holding,--
(a) total number held in class: 36,168,695
(b) total in class: 726,988,067
(c) total percentage held in class: 4.975%
Details of transactions and events giving rise to ceasing of substantial
holding
Details of the transactions or other events requiring disclosure: On 23
December 2016, Harbour Asset Management Limited (First NZ Capital Group
Limited) had disclosed an interest in 36,398,472 (5.016%) ATM shares. Since
the last disclosure, as a result of normal on market trading activity,
Harbour Asset Management Limited has sold 4,763,160 ATM ordinary shares for a
total consideration of $13,836,294 and purchased 4,487,483 ATM ordinary
shares for a total consideration of $11,192,272, leaving it with 36,122,795
(4.969%) ATM ordinary shares at 6 April 2017. As a result of normal on market
trading activity, First NZ Capital Securities Limited has an interest in
45,900 (0.006%) ATM ordinary shares at 6 April 2017.
Additional information
Address(es) of substantial product holder(s): Level 16, 171 Featherston
Street, Wellington
Contact details: Kate Livingston +64 9 307 5747, kate.livingston@fnzc.co.nz
Nature of connection between substantial product holders: First NZ Capital
Group Limited, First NZ Capital Securities Limited and Harbour Asset
Management Limited are related bodies corporate.
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: None
Certification
I, Kate Livingston, 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:00299600 For:ATM Type:SSH Time:2017-04-07 12:05:20