Allied Farmers Limited logo

SPH Notice – WAF Limited (WAF)

Substantial Holder Notice25 October 2023ALFFinancials

1
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

To NZX Limited

and

To Allied Farmers Limited (Allied Farmers)

Relevant event being disclosed: Change in nature of relevant interest

Date of relevant event: 25 October 2023

Date this disclosure made: 25 October 2023

Date last disclosure made: 3 October 2023

Substantial product holder(s) giving disclosure

Full name(s): WAF Limited (WAF)

Summary of substantial holding

Class of quoted voting products: Ordinary shares in Allied Farmers (NZX: ALF) (ALF

Shares)

Summary for WAF

For this disclosure,—

(a) total number held in class: 5,758,406

(b) total in class: 28,806,434

(c) total percentage held in class: 19.990%

For last disclosure,—

(a) total number held in class: 5,749,849

(b) total in class: 28,806,434

(c) total percentage held in class: 19.960%

Details of transactions and events giving rise to relevant event

Details of the transactions or other events requiring disclosure:

1. WAF made an unsolicited offer dated 7 September 2023 to purchase ALF Shares (the

Offer). The Offer closed on 9 October 2023. Pursuant to the Offer, WAF acquired

1,567,824 ALF Shares for aggregate consideration of $1,120,994. Settlement occurred

on 25 October 2023.

2. Transfer of 1,735,582 ALF Shares beneficially owned by WAF from Custodial Services

Limited, as registered holder, to WAF, as registered holder, on 25 October 2023.


2

Details after relevant event

Details for WAF

Nature of relevant interest(s): Registered holder and beneficial owner of ordinary shares in

Allied Farmers. A relevant agreement document is not required to be attached to this

notice.

For that relevant interest,—

(a) number held in class: 5,758,406

(b) percentage held in class: 19.990%

(c) current registered holder(s): WAF

(d) registered holder(s) once transfers are registered: N/A

Additional information

Address(es) of substantial product holder(s): Floor 34 Vero Centre, 48 Shortland Street,

Auckland Central, Auckland 1010, New Zealand

Contact details: Joshua Pringle, joshua.pringle@chapmantripp.com, 093589831

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, Amanda Smith, 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.

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

Other issuers discussed similar conditions around this time

Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.

  • FBU — Fletcher Building: SPH Notice – Allan Gray Group
    2023-11-05

    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 New Zealan…”

  • FBU — Fletcher Building: SPH Notice – Allan Gray Australia Pty Ltd
    2023-08-17

    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 New Zealan…”

  • MFB — My Food Bag Group Limited: SPH Notice – Milford Asset Management Limited
    2023-08-03

    100080615/3821103.1 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…”