SPH Notice – Harbour Asset Management Limited

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Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013

To NZX Limited
and
To Summerset Group Holdings Limited (SUM)
Date this disclosure made: 12 January 2022
Date on which substantial
holding began:
11 January 2022

Substantial product holder(s) giving disclosure
Full name(s): Harbour Asset Management Limited

Also includes details of related body corporate:
Jarden Securities Limited


Summary of substantial holding:
Harbour Asset Management Limited:
Class of quoted voting products:
Ordinary Shares
Summary for: Harbour Asset Management Limited
For this
disclosure -
(a) total number
held in class:
11,533,603
(b) total in class: 230,215,366
(c) total percentage
held in class:
5.010%

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Summary of substantial holding:
Related Bodies Corporate – Jarden Securities Limited
Class of quoted voting products:
Ordinary Shares
Summary for:
Jarden Securities Limited (includes DIMS
holdings)
For this
disclosure -
(a) total number
held in class:
4,082,211
(b) total in class: 230,515,366
(c) total percentage
held in class:
1.773%



Summary of substantial holding:
All Related Bodies Corporate:
Class of quoted voting products:
Ordinary Shares
Summary for: Harbour Asset Management Limited and
Jarden Securities Limited
For this
disclosure -
(a) total number
held in class:
15,615,814
(b) total in class: 230,515,366
(c) total percentage
held in class:
6.783%

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Details of Relevant Interests:
Details for: Harbour Asset Management Jarden Securities Limited (DIMS) Jarden Securities Limited
Nature of relevant
interest(s):
Harbour Asset Management
Limited has, as fund manager, the
power to exercise (or control the
exercise of) a right to vote
attached to, and power to acquire
or dispose of (or control the
acquisition or disposal of), the
Stapled Securities, under
investment powers contained in
investment management
agreements with clients (the
beneficial owners of the product)
or managed fund trust deeds.
Jarden Securities Limited has, as
provider of discretionary investment
management services (DIMS) under
various investment management
agreements with clients (the
beneficial owners of the product),
the power to exercise (or control the
exercise of) a right to vote attached
to, and power to acquire or dispose
of (or control the acquisition or
disposal of), the Convertible Notes
As beneficial owner, through normal on-
market trading activity, with the power to
exercise (or control the exercise of) a
right to vote attached to, and power to
acquire or dispose of (or control the
acquisition or disposal of), the
Convertible Notes
Number held in
class:
11,533,603 4,060,211 22,000
Percentage held in
class:
5.010% 1.763% 0.010%
Current registered
holder of financial
products:
Various nominees or custodians
for and on behalf of Harbour
Asset Management Limited and
newly allotted shares
FNZ Custodians Limited (as sub-
custodian of Jarden Custodial
Services Limited) and unknown
Jarden Securities Limited and unknown
Registered holder of
financial products
once transfer is
registered:
Various nominees or custodians
for and on behalf of Harbour
Asset Management Limited
FNZ Custodians Limited (as sub-
custodian of Jarden Custodial
Services Limited) and unknown
Jarden Securities Limited and unknown

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Details of Transactions and Events Giving Rise to Relevant Event:
The transactions giving rise to this disclosure obligation are a result of on-market purchases and sales of Shares by Harbour Asset
Management Limited, since the last relevant event on 20 December 2021, as summarised in the table below. Also summarised in
the table below are movements in Shares of related body corporate Jarden Securities Limited over the same period including on-
market purchases and sales, net transfers into DIMS service, borrowed stock, and net in-specie transfers out re basket
creations/redemptions of Shares.
Details for: Harbour Asset Management
Limited
Jarden Securities Limited
(DIMS Service)
Jarden Securities Limited
On-market purchases –
number of shares
90,269
27,652
46,428
On-market purchases –
gross consideration
1,206,990 $364,808 $619,093
On-market sales –
number of shares
45,357 16,610 132,954
On-market sales –
gross consideration
610,250 $216,709 $1,755,824
Net shares transfers
into DIMS service
N/A 19,828 N/A
Borrowed stock
N/A N/A 15,000
Net in-specie transfers
out re basket
creations/redemptions
N/A N/A 9,154

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Additional information:
Address(es) of substantial
product holder(s):
Level 14, 171 Featherston Street, Wellington
Contact details:
Liz Down
+ 64 09 302 5539
Liz.Down@jarden.co.nz
Nature of connection between
substantial product holders:
N/A

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, Liz Down, 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.