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CHORUS LIMITED Major Shareholding Notification 2019

Aug 25, 2019

64680_rns_2019-08-25_3b0a288d-ee23-4fc7-9d54-bedaba7f6c21.pdf

Major Shareholding Notification

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Disclosure of ceasing to have substantial holding

Section 279, Financial Markets Conduct Act 2013

To NZX Limited and

To CHORUS LIMITED

Date this disclosure made: 26 August, 2019

Date last disclosure made: 23 August, 2019

Date on which substantial holding ceased: 20 August, 2019

Substantial product holder(s) giving disclosure

Full name(s): Mitsubishi UFJ Financial Group, Inc., Realindex Investments Pty Limited

Summary of previous substantial holding

Class of quoted voting products: Ordinary Shares (security code: NZCNUE0001S2)

Summary for Mitsubishi UFJ Financial Group, Inc., Realindex Investments Pty Limited

For last disclosure,—

  • (a) total number held in class: 23,297,036

  • (b) total in class: 439,288,154

  • (c) total percentage held in class: 5.303%

For current holding after ceasing to have substantial holding,—

  • (a) total number held in class: 19,374,759

  • (b) total in class: 439,288,154

  • (c) total percentage held in class: 4.410%

Details of transactions and events giving rise to ceasing of substantial holding Details of the transactions or other events requiring disclosure:

For transaction details relating to subsidiaries of Mitsubishi UFJ Financial Group, Inc. see Annexure A.

For transaction details relating to the Morgan Stanley group see Annexure C.

1

Additional information

Address(es) of substantial product holder(s):

Mitsubishi UFJ Financial Group, Inc. – 2-7-1, Marunouchi, Chiyoda-ku, Tokyo 100-8330, Japan

Realindex Investments Pty Limited - Ground Floor Tower 1, 201 Sussex Street, Sydney, NSW, 2000, Australia

Contact details: Mariko Onda, Phone: +81-3-3240-3003, E-mail:[email protected]

Nature of connection between substantial product holders: Realindex Investments Pty Limited is a wholly-owned subsidiary of Mitsubishi UFJ Financial Group, Inc.

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: Not applicable

Certification

I, Mariko Onda, 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.

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Annexure A Transaction details for subsidiaries of Mitsubishi UFJ Financial Group, Inc.

Date of
Transaction
Holder of Relevant Interest Transaction Nature Consideration Class and number of
securities
08/20/2019 Realindex Investments Pty Limited Sell 4.94(AUD) 166,781 Ordinary Shares

Annexure B Relevant interests held in the Morgan Stanley group

List of Morgan Stanley and its subsidiaries that have a relevant interest or are deemed to have a relevant interest in the shares.

Entity

└─┬─ Morgan Stanley

  • ├─┬─ Morgan Stanley Capital Management, LLC │ ├─┬─ Morgan Stanley Domestic Holdings, Inc.

  • │ │ ├─── Morgan Stanley & Co. LLC

  • │ │ ├─── Morgan Stanley Capital Services LLC

│ │ ├─── Morgan Stanley Smith Barney LLC │ │ └─── Morgan Stanley Wealth Management Australia Pty Ltd │ └─── Morgan Stanley Investment Management Inc. ├─┬─ Morgan Stanley International Holdings Inc. │ └─┬─ Morgan Stanley International Limited │ └─┬─ Morgan Stanley Investments (UK) │ └─┬─ Morgan Stanley & Co. International plc └─┬─ Morgan Stanley International Incorporated └─┬─ Morgan Stanley (Australia) Securities Holdings Pty Limited └─── Morgan Stanley Australia Securities Limited

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Annexure C

Transaction details for the Morgan Stanley group

Date of
Transaction
Holder of Relevant Interest Transaction
Nature
Consideration Class and number of
securities
8/20/2019 Morgan Stanley & Co. International plc Buy 2,606.99 (AUD) 527 Ordinary Shares
8/20/2019 Morgan Stanley & Co. International plc Buy 59.46 (AUD) 12 Ordinary Shares
8/20/2019 Morgan Stanley & Co. International plc Buy N/A 756 Swaps
8/20/2019 Morgan Stanley & Co. International plc Decrease in
shares held or
in respect of
which the
holder may
exercise right
to
rehypothecate
pursuant to
the
agreement(s)
N/A 3,632,006 Ordinary Shares
8/20/2019 Morgan Stanley & Co. International plc Sell 283.86 (AUD) 57 Ordinary Shares
8/20/2019 Morgan Stanley & Co. International plc Sell 330.31 (AUD) 67 Ordinary Shares
8/20/2019 Morgan Stanley & Co. International plc Sell 493.50 (AUD) 100 Ordinary Shares
8/20/2019 Morgan Stanley & Co. International plc Sell 632.96 (AUD) 128 Ordinary Shares
8/20/2019 Morgan Stanley & Co. International plc Sell 925.82 (AUD) 187 Ordinary Shares
8/20/2019 Morgan Stanley & Co. International plc Sell N/A 1,488 Swaps
8/20/2019 Morgan Stanley & Co. International plc Sell N/A 31,728 Swaps
8/20/2019 Morgan Stanley & Co. International plc Sell N/A 50,169 Swaps
8/20/2019 Morgan Stanley & Co. LLC Decrease in
shares held or
in respect of
which the
holder may
exercise right
to
rehypothecate
pursuant to
the
agreement(s)
N/A 77,988 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 1,035.30 (AUD) 210 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 1,042.34 (AUD) 211 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 1,059.30 (AUD) 214 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 1,123.65 (AUD) 227 Ordinary Shares

4

8/20/2019 Morgan Stanley Australia Securities Limited Buy 1,190.54 (AUD) 241 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 1,300.54 (AUD) 263 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 1,316.70 (AUD) 266 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 1,345.89 (AUD) 273 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 1,349.58 (AUD) 271 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 1,651.70 (AUD) 332 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 1,654.90 (AUD) 335 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 1,671.41 (AUD) 338 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 1,768.94 (AUD) 357 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 1,953.28 (AUD) 395 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 1,999.80 (AUD) 404 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 11,697.92 (AUD) 2,368 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 115,507.08 (AUD) 23,382 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 12,763.74 (AUD) 2,563 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 13,122.45 (AUD) 2,651 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 13,435.29 (AUD) 2,706 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 13,481.28 (AUD) 2,718 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 13,550.72 (AUD) 2,732 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 143.84 (AUD) 29 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 15,668.64 (AUD) 3,159 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 15,987.19 (AUD) 3,233 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 18,211.05 (AUD) 3,679 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 2,534.02 (AUD) 514 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 2,573.74 (AUD) 521 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 20,765.16 (AUD) 4,212 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 21,256.82 (AUD) 4,303 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 222.75 (AUD) 45 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 232.89 (AUD) 47 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 24.70 (AUD) 5 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 26,399.36 (AUD) 5,344 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 283.86 (AUD) 57 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 3,035.52 (AUD) 612 Ordinary Shares

5

8/20/2019 Morgan Stanley Australia Securities Limited Buy 3,072.10 (AUD) 620 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 3,434.27 (AUD) 691 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 3,704.76 (AUD) 753 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 31,189.74 (AUD) 6,263 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 330.31 (AUD) 67 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 344.40 (AUD) 70 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 387.66 (AUD) 78 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 4,278.04 (AUD) 866 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 4,347.74 (AUD) 881 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 4,390.65 (AUD) 887 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 4,930.00 (AUD) 1,000 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 4,989.40 (AUD) 1,010 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 4.95 (AUD) 1 Ordinary Share
8/20/2019 Morgan Stanley Australia Securities Limited Buy 40,483.30 (AUD) 8,195 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 43,411.50 (AUD) 8,770 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 46,822.37 (AUD) 9,421 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 493.50 (AUD) 100 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 5,357.66 (AUD) 1,078 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 5,803.20 (AUD) 1,170 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 532.44 (AUD) 108 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 6,308.38 (AUD) 1,277 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 6,576.96 (AUD) 1,326 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 6,707.25 (AUD) 1,355 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 632.96 (AUD) 128 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 7,107.10 (AUD) 1,430 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 7,415.24 (AUD) 1,492 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 761.94 (AUD) 153 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 8,749.86 (AUD) 1,757 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 805.14 (AUD) 162 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 841.50 (AUD) 170 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 845.38 (AUD) 172 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 9,544.08 (AUD) 1,932 Ordinary Shares

6

8/20/2019 Morgan Stanley Australia Securities Limited Buy 9,875.39 (AUD) 1,987 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 9.96 (AUD) 2 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 925.82 (AUD) 187 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 938.60 (AUD) 190 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 944.30 (AUD) 190 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Buy 986.05 (AUD) 199 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 1,040.55 (AUD) 210 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 1,115.52 (AUD) 224 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 1,123.65 (AUD) 227 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 1,269.58 (AUD) 257 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 1,336.03 (AUD) 271 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 1,403.68 (AUD) 283 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 1,600.56 (AUD) 324 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 1,932.56 (AUD) 392 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 1,953.28 (AUD) 395 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 10,597.44 (AUD) 2,128 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 11,026.08 (AUD) 2,232 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 16,753.87 (AUD) 3,371 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 17,856.46 (AUD) 3,622 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 172.90 (AUD) 35 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 19,269.60 (AUD) 3,885 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 198.40 (AUD) 40 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 2,017.82 (AUD) 406 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 2,045.95 (AUD) 415 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 2,069.86 (AUD) 419 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 2,083.95 (AUD) 421 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 2,341.35 (AUD) 473 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 2,400.84 (AUD) 486 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 2,420.48 (AUD) 488 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 2,606.99 (AUD) 527 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 2,913.30 (AUD) 585 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 21,294.90 (AUD) 4,302 Ordinary Shares

7

8/20/2019 Morgan Stanley Australia Securities Limited Sell 256.36 (AUD) 52 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 266.22 (AUD) 54 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 28,187.64 (AUD) 5,706 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 3,026.34 (AUD) 612 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 3,156.66 (AUD) 639 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 3,255.46 (AUD) 659 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 306.28 (AUD) 62 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 323.70 (AUD) 65 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 4,245.76 (AUD) 856 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 4,257.90 (AUD) 855 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 4,264.26 (AUD) 858 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 4,278.65 (AUD) 867 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 4,930.00 (AUD) 1,000 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 4.98 (AUD) 1 Ordinary Share
8/20/2019 Morgan Stanley Australia Securities Limited Sell 408.36 (AUD) 83 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 5,162.30 (AUD) 1,045 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 52,052.78 (AUD) 10,537 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 532.44 (AUD) 108 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 546.70 (AUD) 110 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 59.46 (AUD) 12 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 6,076.20 (AUD) 1,230 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 6,202.56 (AUD) 1,248 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 6,294.72 (AUD) 1,264 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 6,403.36 (AUD) 1,291 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 64.22 (AUD) 13 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 672.52 (AUD) 136 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 697.95 (AUD) 141 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 7,217.34 (AUD) 1,461 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 7,503.00 (AUD) 1,525 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 7,548.75 (AUD) 1,525 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 7,753.76 (AUD) 1,568 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 752.76 (AUD) 153 Ordinary Shares

8

8/20/2019 Morgan Stanley Australia Securities Limited Sell 777.15 (AUD) 157 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 8,412.82 (AUD) 1,703 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 803.52 (AUD) 162 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 84.49 (AUD) 17 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 9,393.30 (AUD) 1,890 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 9.90 (AUD) 2 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 9.96 (AUD) 2 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 907.68 (AUD) 183 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 978.12 (AUD) 198 Ordinary Shares
8/20/2019 Morgan Stanley Australia Securities Limited Sell 986.05 (AUD) 199 Ordinary Shares
8/20/2019 Morgan Stanley Capital Services LLC Buy N/A 1,689 Swaps
8/20/2019 Morgan Stanley Capital Services LLC Buy N/A 2,569 Swaps
8/20/2019 Morgan Stanley Capital Services LLC Buy N/A 8,899 Swaps
8/20/2019 Morgan Stanley Capital Services LLC Sell N/A 1,756 Swaps
8/20/2019 Morgan Stanley Capital Services LLC Sell N/A 23,198 Swaps
8/20/2019 Morgan Stanley Capital Services LLC Sell N/A 9,764 Swaps

9