SPH Notice - FirstCape Group Ltd & Harbour Asset Management

Disclosure of beginning to have substantial holding

Section 276, Financial Markets Conduct Act 2013


To NZX Limited

and

To Gentrack Group Limited (GTK)
Date this disclosure made: 16 July 2025
Date on which substantial holding
began:
15 July 2025


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

Summary of substantial holding
Class of quoted voting
products:
Ordinary Shares (Shares)
Summary for:
FirstCape Group Limited
For this
disclosure -
(a) total number held in
class:
5,388,114

(b) total in class: 107,721,896

(c) total percentage held
in class:
5.002%

Class of quoted voting
products:
Ordinary Shares (Shares)
Summary for:
Harbour Asset Management Limited
For this
disclosure -
(a) total number held in
class:
5,386,614

(b) total in class: 107,721,896

(c) total percentage held
in class:
5.001%

Details of relevant interests:
Nature of relevant interest(s):
Relevant interest in Shares that its wholly-owned subsidiary
Harbour Asset Management Limited (Harbour) has a relevant
interest in. Harbour has the power to exercise (or control the
exercise of) rights to vote attached to, and power to acquire or
dispose of (or control the acquisition or disposal of), Shares
under investment powers contained in trust deeds or investment
management agreements with clients, including BNZ
Investments Limited (see below). FirstCape Group Limited has
those powers and controls indirectly, as the ultimate owner of
Harbour.
Number held in class:
5,386,614
Percentage held in class:
5.001%
Current registered holder of
financial products:
For on market purchases: Unknown
For on market sales: Various nominees or custodians for and on
behalf of Harbour Asset Management Limited
Registered holder of financial
products once transfer is
registered:
For on market purchases: Various nominees or custodians for
and on behalf of Harbour Asset Management Limited
For on market sales: Unknown

Nature of relevant interest(s):
Relevant interest in Shares that its wholly-owned subsidiary BNZ
Investments Services Limited (BNZIL) has a relevant interest in.
BNZIL has a beneficial ownership interest in these shares, which
are managed by Harbour under an investment management
agreement, so are also included in Harbour’s interest referred to
above.
Number held in class:
1,217,853
Percentage held in class:
1.131%
Current registered holder of
financial products:
For on market purchases: Unknown
For on market sales: Various nominees or custodians for and on
behalf of Harbour Asset Management Limited
Registered holder of financial
products once transfer is
registered:
For on market purchases: Various nominees or custodians for
and on behalf of Harbour Asset Management Limited
For on market sales: Unknown

Nature of relevant interest(s):
Relevant interest in Shares that its wholly-owned subsidiary
Jarden Wealth Limited has a relevant interest in. Jarden Wealth
Limited has the power to exercise (or control the exercise of)
rights to vote attached to, and power to acquire or dispose of (or
control the acquisition or disposal of), Shares under the terms of
investment management agreements with clients (who are the
beneficial owners of the Shares). FirstCape Group Limited has
those powers and controls indirectly, as the ultimate owner of
Jarden Wealth Limited.
Number held in class:
1,500

Percentage held in class:
0.001%
Current registered holder of
financial products:
For on-market purchases: Unknown
For on-market sales: FNZ Custodians Limited
Registered holder of financial
products once transfer is
registered:
For on-market purchases: FNZ Custodians Limited
For on-market sales: Unknown

Details of transactions and events giving rise to substantial holding:

The transactions/events giving rise to this disclosure obligation are on-market buy/sell trades
and off market transfers by FirstCape Group Limited and Harbour Asset Management Limited
from 15/03/2025 until 15/07/2025, as summarised in the table below.

Details for: Harbour (including BNZ
Investment Services
Limited)
BNZ Investment
Services Limited
(included in
Harbour’s figures)
Jarden
Wealth
Limited
On-market purchases –
number of shares
1,040,323 272,968 N/A
On-market purchases –
gross consideration
$11,743,639.33 $3,094,875.36
N/A
On-market sales –
number of shares
643,434 108,215
N/A
On-market sales –
gross consideration
$6,785,202.28 $1,119,099.93 N/A
Net Shares transferred
into DIMS service
N/A N/A N/A

Additional information
Address of substantial product
holder:
Level 21, 171 Featherston Street, Wellington
Contact details:
Madeleine Pumphrey
M +64 27 376 8309
Madeleine.pumphrey@jbwere.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: None.

Certification

I, Madeleine Pumphrey, 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.