Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013
To NZX Limited
and
To Tenon Ltd
Date this disclosure made: 14 July 2017
Date on which substantial holding began: 12 July 2017
Substantial product holder(s) giving disclosure
Full name(s): Salt Funds Management Limited
Summary of substantial holding
Class of quoted voting products: Tenon Ltd - Ordinary Shares (TEN)
Summary for Salt Funds Management Limited
For this disclosure,--
(a) total number held in class: 1,740,745
(b) total in class: 16,204,517
(c) total percentage held in class: 10.742%
Details of relevant interests
Details for Salt Funds Management Limited
Nature of relevant interest(s): Investment Manager
For that relevant interest,--
(a) number held in class: 1,740,745
(b) percentage held in class: 10.742%
(c) current registered holder(s):
(d) registered holder(s) once transfers are registered: See Annexure 1
Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure:
On 12th July 2017 and the four months prior, Salt Funds Management undertook
the following transactions as part of normal on-market trading activities.
See table in attached
Additional information
Address(es) of substantial product holder(s): Level 3, The Imperial
Buildings, 44 Queen Street, Auckland 1050
Contact details:
Julia Diepbrink, Telephone: 09 869 2933, Email:
Julia.diepbrink@saltfunds.co.nz
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: Not
applicable.
Certification
I, Julia Diepbrink, 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:00304084 For:TEN Type:SHINTR Time:2017-07-14 15:37:28