SPG - Trading Halt of Securities

NZX Limited
Level 2, NZX Centre
11 Cable Street
PO Box 2959
Wellington 6140
New Zealand
Tel +64 4 472 7599

www.nzx.com

Memorandum

To:
Market Participants
From:
NZX Product Operations
Date:
Monday, 8 September 2025
Subject
: Stride Property Limited & Stride Investment Management Limited (NS) (Stride
Property Group, “SPG”) Trading Halt of Securities


Message
:
NZ RegCo has approved a trading halt application from Stride Property Limited and Stride
Investment Management Limited (NS) (Stride Property Group, “SPG”). Trading in SPG’s stapled
securities was halted before pre-market open today.

Attached is the trading halt application for further information.

Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com
with any queries.

ENDS

---

8 September 2025
To: NZ RegCo
11 Cable Street
Wellington
New Zealand
By email: issuer@nzregco.com
Request for trading halt: Stride Property Group (NZX Code: SPG)
We, Stride Property Limited (SPL) and Stride Investment Management Limited (SIML, together
with SPL, SPG) request a trading halt be applied to SPG’s stapled securities (each such stapled
security comprising one ordinary share of SPL and one ordinary share of SIML) (ISIN:
NZSPGE0001S2) under NZX Listing Rule 9.9.1(a) and set out below details of the request as
per the rules of NZX.
We would like the trading halt to commence from the commencement of trading on the NZX
Main Board (NZSX) on 8 September 2025.
Reasons for trading halt, including impact of event on fair orderly or transparent
markets:
On 8 September 2025, SPL entered into a transaction with listed issuer Investore Property
Limited (Investore) to dispose of a property, subject to the satisfaction of certain conditions (the
Transaction).
The Transaction is Material Information (as that term is defined in the Listing Rules) for SPG
and as a consequence, requires market disclosure by SPG promptly and without delay to meet
its continuous disclosure obligations. Investore has informed SPG that the Transaction also
requires market disclosure by Investore promptly and without delay to meet its own continuous
disclosure obligations. Ordinarily, each of Investore and SPG would make a market release
about the Transaction via the MAP announcement platform prior to open of trading on 8
September 2025.
Investore Property Limited informed SPG that, in connection with the Transaction:
(a)it has other related Material Information that requires market disclosure to meet its
continuous disclosure obligations;
(b)it will not be in a position to release the other related Material Information prior to open of
trading on 8 September 2025;
(c)it has been granted a trading halt by NZ RegCo in relation to the Transaction and other
Material Information. Please refer to the trading halt application by Investore dated 8
September 2025 for further information.
At the request of Investore, SPG is making this request for a trading halt of its quoted securities.

If the trading halt is granted, upon Investore announcing the Transaction and the other Material
Information, SPG would release its market announcement in respect of the Transaction. The
Transaction would therefore be announced to the market by both listed issuers at the same
time, ensuring all market participants can trade on a fully informed basis, which ensures a fair,
orderly and transparent market.
How long we want the trading halt to last and why:
The trading halt is requested to remain in place until the earlier of: (i) SPG releasing a market
announcement a market release about the Transaction via the MAP announcement platform; or
(ii)the opening of trading on the NZX Main Board on 9 September 2025.
The event we expect to happen that will end the trading halt:
The trading halt can end once SPG releases a market announcement about the Transaction via
the MAP announcement platform.
Other information necessary to inform the market about the trading halt or that
NZ RegCo has requested:
We do not believe that there is any other information necessary to inform the market about the
trading halt.
We confirm that we are not aware of any reason why the trading halt should not be granted.
Yours sincerely,
Tim Storey
Chair
Stride Property Group