SPH Notice - Pinnacle Investment Management Group Limited

1
Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To NZX and ASX
and
To Fisher & Paykel Healthcare Corp. Ltd.
Date this disclosure made:14 April 2025
Date last disclosure made: 9 April 2025
Date on which substantial holding ceased:9 April 2025
Substantial product holder(s) giving disclosure
Full name(s): Pinnacle Investment Management Group Limited (and its subsidiaries listed
in Annexure A)
Summary of previous substantial holding
Class of quoted voting products: Ordinary Shares
Summary for Pinnacle Investment Management Group Limited (and its subsidiaries
listed in Annexure A)
For last disclosure,—
(a) total number held in class: 30,222,955
(b) total in class: 586,152,647
(c) total percentage held in class: 5.1562%
For current holding after ceasing to have substantial holding,—
(a) total number held in class: 29,185,551
(b) total in class: 586,256,654
(c) total percentage held in class: 4.9783%
Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure:
Date of
Change
Person whose
relevant
interest
changed
Nature of
Change
Consideration (NZD) Class of
Securities
Number of
securities
07/04/2025 Pinnacle
Investment
Management
Group Limited
(and its
Sale -$ 8,074,667.76 Ordinary Fully Paid - 244,464

2
subsidiaries listed
in Annexure A)
08/04/2025 As above Purchase $ 1,877,645.93 Ordinary Fully Paid 55,949
08/04/2025 As above Sale -$ 5,509,817.20 Ordinary Fully Paid - 164,695
09/04/2025 As above Purchase $ 663,971.14 Ordinary Fully Paid 20,000
09/04/2025 As above Sale -$ 23,410,922.37 Ordinary Fully Paid - 704,194

Additional information
Address(es) of substantial product holder(s):
Name
Address
Pinnacle Investment Management Group
Limited
Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Pinnacle Fund Services Limited Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Pinnacle Investment Management Limited Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Ariano Pty Limited Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Next Financial Limited Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Next Financial Nominees Pty Ltd Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Next Financial Nominees No. 2 Pty Ltd Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Investment Solutions Client Services Pty Ltd Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Priority Funds Management Pty Ltd Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Priority Investment Management Pty Ltd Level 19, 307 Queen St, Brisbane QLD 4000, Australia
PNI Option Plan Managers Pty Ltd Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Pinnacle Investment Management (UK)
Limited
7th Floor, Dashwood House, 69 Old Broad Street, London
EC2M 1QS, United Kingdom
Pinnacle RE Services Limited Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Pinnacle Services Administration Pty Ltd Level 19, 307 Queen St, Brisbane QLD 4000, Australia
POSH Nominees Pty Limited Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Pingroup IM Limited (US) c/o TMF Group New York, LLC, 48 Wall Street, 27
th
Floor,
New York NY 10005

Contact details: Calvin Kwok, calvin.kwok@pinnacleinvestment.com
*Nature of connection between substantial product holders:
Name
Nature of Association
Pinnacle Investment Management Group
Limited
Related body corporate of each other entity listed.
Pinnacle Investment Management Limited Related body corporate of each other entity listed.
Pinnacle Fund Services Limited Related body corporate of each other entity listed.
Ariano Pty Limited Related body corporate of each other entity listed.
Next Financial Limited Related body corporate of each other entity listed.
Next Financial Nominees Pty Ltd Related body corporate of each other entity listed.
Next Financial Nominees No. 2 Pty Ltd Related body corporate of each other entity listed.
Investment Solutions Client Services Pty
Ltd
Related body corporate of each other entity listed.
Priority Funds Management Pty Ltd Related body corporate of each other entity listed.
Priority Investment Management Pty Ltd Related body corporate of each other entity listed.
PNI Option Plan Managers Pty Ltd Related body corporate of each other entity listed.

3
Name
Nature of Association
Pinnacle RE Services Limited Related body corporate of each other entity listed.
Pinnacle Services Administration Pty Ltd Related body corporate of each other entity listed.
Pinnacle Investment Management (UK)
Limited
Related body corporate of each other entity listed.
POSH Nominees Pty Limited Related body corporate of each other entity listed.
Pingroup IM Limited (US) Related body corporate of each other entity listed.

Certification
I, Calvin Kwok, 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.

Fisher & Paykel Healthcare Corp. Ltd.
Annexure A - Part 1
Holder of relevant interestNature of relevant interestNumber of
securities
Class of
securities
Pinnacle Investment Management Group Limited (ACN 100 325 184)
Pinnacle Investment Management Limited (ACN 109 659 109)
Ariano Pty Limited (ACN 605 250 799)
Next Financial Limited (ACN 081 722 894)
Next Financial Nominees Pty Ltd (ACN 093 252 576)
Next Financial Nominees No. 2 Pty Ltd (ACN 132 819 115)
Investment Solutions Client Services Pty Ltd (ACN 117 898 334)
Priority Funds Management Pty Ltd (ACN 120 826 575)
Priority Investment Management Pty Ltd (ACN 116 943 456
PNI Option Plan Managers Pty Ltd (ACN 125 030 766)
Pinnacle RE Services Limited (ACN 130 508 379)
Pinnacle Services Administration Pty Ltd (ACN 126 175 148)
Pinnacle Investment Management (UK) Limited (Company Number
11026111)
POSH Nominees Pty Limited (ACN 620 094 251)
Pingroup IM Limited (US) (EIN 85-0920129)
Relevant interest by virtue of section 608(3)
of the Corporations Act as it or its associates holds directly or
indirectly above 20% voting power in one or more affiliated investment
managers (see Annexure A – Part 2) and Pinnacle Fund Services
Limited, who each in turn hold relevant interests in the securities the
subject of this notice, and equivalent sections of the Financial Markets
Conduct Act 2013.
29,185,551
Ordinary fully
paid
Pinnacle Fund Services Limited (ACN 082 494 362)Relevant interest held through the power to control voting and/or
disposal of securities in its capacity as responsible entity or trustee of
registered or unregistered schemes and/or relevant interest by virtue
of section 608(3)
of the Corporations Act as it or its associates holds directly or
indirectly above 20% voting power in one or more affiliated investment
managers (see Annexure A – Part 2) who each in turn hold relevant
interests in the securities the subject of this notice, and equivalent
sections of the Financial Markets Conduct Act 2013.
29,185,551
Ordinary fully
paid
This is Annexure "A - Part 1"
Calvin Kwok
Company Secretary
Date: 14/04/2025

Fisher & Paykel Healthcare Corp. Ltd.
Annexure A - Part 2
Affiliated Investment Managers in which Pinnacle has over 20% voting power
Aikya Investment Management Limited (UK) (Company Number 12329682)
Antipodes Partners Limited (ACN 602 042 035)
Coolabah Capital Investments Pty Limited (ACN 605 806 059)
Five V Capital Pty Limited (ACN 162 193 928)
Hyperion Asset Management Limited (ACN 080 135 897)
Langdon Equity Partners Limited (CA) (NRD 73210)
Life Cycle Investment Partners Limited (UK) (Company Number 15633723)
Metrics Credit Partners Pty Limited (ACN 150 646 996)
Palisade Investment Partners Limited (ACN 124 326 361)
Plato Investment Management Limited (ACN 120 730 136)
Resolution Capital Limited (ACN 108 584 167)
Solaris Investment Management Limited (ACN 128 512 621)
Riparian Capital Partners Pty Ltd (ACN 630 179 752)
This is Annexure "A - Part 2"
Calvin Kwok
Company Secretary
Date: 14/04/2025