Gentrack Group Limited — Major Shareholding Notification 2019

Jul 4, 2019

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 NZX Limited

and

To Gentrack Group Limited (GTK)

Relevant event being disclosed: Disclosure of movement of 1% or more in substantial holding

Date of relevant event: 3 July 2019

Date this disclosure made: 4 July 2019

Date last disclosure made: 18 June 2019

Substantial product holder(s) giving disclosure

Full name(s): Jarden Partners Limited (previously named First NZ Capital Group Limited)

Summary of substantial holding

Class of quoted voting products: Gentrack Group Limited Ordinary Shares (GTK)

Summary for: Jarden Partners Limited

For this disclosure,—

• (a) total number held in class: 5,770,535

• (b) total in class: 98,644,829

• (c) total percentage held in class: 5.850%

• For last disclosure,—

Summary for: Jarden Partners Limited

• (a) total number held in class: 6,850,739

• (b) total in class: 98,644,829

• (c) total percentage held in class: 6.945%

Details of transactions and events giving rise to relevant event

Details of the transactions or other events requiring disclosure:

On 18 June 2019, Harbour Asset Management Limited disclosed an interest in 6,845,504 (6.939%) GTK ordinary shares.

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In the period from the last disclosure, as part of normal on-market trading activity under discretionary investment mandates, Harbour Asset Management Limited purchased 6,620 GTK ordinary shares for a gross consideration of $39,934.98 and sold 1,084,284 GTK ordinary shares for a gross consideration of $6,812,121.52. As a result, of these transactions, Harbour Asset Management Limited has, at the date of this notice, a relevant interest in 5,767,840 (5.847%) GTK ordinary shares.

Jarden Securities Limited has borrowed 2,695 (0.003%) GTK ordinary shares as at the date of this relevant event.

Details after relevant event

Details for: Harbour Asset Management Limited

Nature of relevant interest(s): Harbour Asset Management Limited, as fund manager, has the power to exercise a right to vote attached to, and power to acquire or dispose of, the products, under powers of investment contained in investment management contracts with clients (the beneficial owners of the products).

For that relevant interest,—

• (a) number held in class: 5,767,840

• (b) percentage held in class: 5.847%

• (c) current registered holder(s): Various nominee companies on behalf of clients as beneficial owners.

• (d) registered holder(s) once transfers are registered: Various nominee companies on behalf of clients as beneficial owners.

No relevant agreement needs to be attached under Regulation 139.

Details for: Jarden Securities Limited

Nature of relevant interest(s): as borrower of financial products

For that relevant interest,—

• (a) number held in class: 2,695

• (b) percentage held in class: 0.003%

• (c) current registered holder(s): New Zealand Clearing Limited

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

No relevant agreement needs to be attached under Regulation 139.

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Additional information

Address(es) of substantial product holder(s): Level 14, 171 Featherston Street, Wellington

Contact details: Kate Livingston, + 64 9 307 5747, kate.livingston@jarden.co.nz

Nature of connection between substantial product holders: Jarden Partners Limited (previously named First NZ Capital Group Limited), Jarden Securities Limited (previously named First NZ Capital Securities Limited) and Harbour Asset Management Limited are related bodies corporate.

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, Kate Livingston, 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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