GTN LIMITED — Major Shareholding Notification 2018

Sep 23, 2018

Please find attached a Notice of Change of Interests of Substantial Holder for GTN Limited for announcing on ASX.

Thanks and regards

Kate Livingston Compliance Manager D +64 ⁹ 307 5747 ¹ M +64 27 406 2563 ¹ F +64 ⁹ 302 5505 Level 39, ANZ Centre, 23-29 Albert Street, PO Box 5333, Auckland 1141

FNZC

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894

15 July 2001

	Form 604
	Corporations Act 2001 Section 671B
	Notice of change of interests of substantial holder ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
To Company Name/Scheme	GTN Limited
ACN/ARSN	806841801
1. Details of substantial holder(1)
Name	Harbour Asset Management Limited
ACN/ARSN (if applicable)	N/A.
There was a change in the interests of the substantial holder on	21 / 09 / 18
The previous notice was given to the company OF:	7712717
The previous notice was dated	8712717

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate $(2)$ had a relevant interest $(3)$ in when last resulted, and when

Class of securities (4)	: Previous notice :		Present notice
	Person's votes	Voting power (5)		Porson's votes 3 Voting power (5) *********
Croinary fully paid	$-11,467.351$	-5.103% ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,	16.263.187	7.237%

3. Changes in relevant interests

Particulars of each shange in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company are as follows:

Date of chenge	Person whose relevent interest ohanged	Nature of change (6)	Consideration given in relation to change (7)	Class and number of ascunties. affented	Person's votes affected
See attached Schedule 1	Harbour Asset Manaoement Linked	Acquisition of ordinary fully. bald shares	11,546,498.30	5.585.600	5.595.600
Sec. attached Schedule 2	Harbour Asset Management Limited	Disposal of ordinary fully paid shares.	1.535.506.48	799.764	Mathematical Community 729.764

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	'Recistered' nolder of securities.	Person entitled to be registered as holder 4B. $\cdots$	Nature of relevant." interest (6)	Class and number of securities	Person's votes
Harbour Asset Management Limited	Various nominee companies or behalf of clients as beneficial ownes	-See Schedule 3	See Schedule 3	16,263,187 ordinary fully cald	16,253,187
				aan in in same in de was die deel aan in de waarde was.

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							004	page 2/2	15 July 2001
		5. Changes in association.
		The persons who have become associates (2) of, caased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:
		Name and ACN/ARSN (if applicable) Nature of association
		NÀ
					.
	6 Addresses	The addresses of persons named in this form are as follows:
		Name.		Address
		Harbour Asset Management Limited			Cevel 16, 171 Featherston Street, Wellington, New Zealand
	Signature	inim min kasin mis kasin manamman min min manam
		print name	Kate Livingston					capacity Compliance Manager
		sign here	la e te			$\alpha$ ate 24		18
					DIRECTIONS
$\left(\begin{array}{c} 1 \ 1 \end{array}\right)$		If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager
		and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are cesantially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.
(2)		See the definition of "associate" in section 9 of the Corporations Act 2001.
$\left( \begin{array}{c} 1 \end{array} \right)$		See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
(4)		The voting shares of a company constitute one class unless divided into separate classes.
75)		The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
(6)		Include details of:
	(s)	any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangan:ent; and
	(b)	any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).
		See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.
(7)		Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.
(8)		If the substantial holder is unable to determine the identify of the person (eg. if the relevant interest arises because of an option) write "unknown".
		Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.
79)
		,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,				________

Schedule 1 - Acquisitions

i av Cart
17/01/2018	350,000	910,000.00
23/01/2018	900.OO	2,340,000.00
30/01/2018	18,000	45,000.00
5/03/2018	53.002	103,353.90
6/03/2018	62.160	121,212.00
9/03/2018	104,938	241,357.40
27/04/2018	207,500	375,575.00
21/09/2018	3,900,000	7,410,000.00
	5,595,600	11,546,498.30

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Schedule 2 - Disposals

mengan ka	.	II. S
30/01/2018	18,000	45,000.00
28/03/2018	103,896	192,207.60
29/03/2018	60,000	111,000.00
3/04/2018	410,000	707,250.00
8/06/2018	42,600	95.850.00
9/07/2018	46.000	102.294.80
24/07/2018	100,000	236,000.00
6/08/2018	19,268	45,904.08
	799.764	1,535,506.48

$\hat{\rho}$

xonan charaestolasae	Inazarangarna hawa a	. International provincia populari di consequenza di consequenza di consequenza di consequenza di consequenza
BNP Paribas Nominees	Nominee company on behalf of $\beta$ eneficial owners.	2,171,809
lCitibank Nominees	Nominee company on behalf of beneficial owners	1,915,636
HSBC Nominees	Nominee company on behalf of beneficial owners	2,020,960
UP Morgan Nominees	Nominee company on behalf of beneficial owners	1,358,757
man dibangung ngibin dibatani ni mina TEA Custody	Nominee company on behalf of beneficial owners	4,896,025
Usknown	,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,	3,900,000
		16,263,187

Schedule 3