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KMD BRANDS LIMITED Major Shareholding Notification 2017

Jan 17, 2017

65190_rns_2017-01-17_aaf2e12f-7ad3-4294-868d-0d6e795578af.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 Kathmandu Holdings Limited (KMD)

Date this disclosure made: 17 January 2017

Date last disclosure made: 26 February 2016

Date on which substantial holding ceased: 13 January 2017

Substantial product holder(s) giving disclosure

Full name(s): The Goldman Sachs Group, Inc. (“GSGI”) on behalf of itself and its subsidiaries (“Goldman Sachs Group”) including its significant subsidiaries listed in Annexure A.

Summary of previous substantial holding

Class of quoted voting products: Ordinary shares

Summary for GSGI on behalf of itself and the Goldman Sachs Group.

For last disclosure,—

  • (a) total number held in class: 27,511,932

  • (b) total in class: 201,484,583

  • (c) total percentage held in class: 13.6546%

For current holding after ceasing to have substantial holding,—

  • (a) total number held in class: 630,146

  • (b) total in class: 201,484,583

  • (c) total percentage held in class: 0.3128%

Details of transactions and events giving rise to ceasing of substantial holding

Details of the transactions or other events requiring disclosure: Please see Annexure B.

Additional information

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

  • The Goldman Sachs Group, Inc. - Corporation Trust Center, 1209 Orange Street, Wilmington DE 19801,

  • U.S.A.

  • Goldman Sachs International (“GSI”) - Peterborough Court, 133 Fleet Street, London EC4A 2BB, United Kingdom

  • Goldman Sachs Australia Managed Funds Limited (“GSAMF”) - Level 17, 101 Collins Street, Melbourne, Victoria 3000, Australia

  • Goldman Sachs Asset Management Australia Pty Ltd (“GSAMA”) - Level 17, 101 Collins Street, Melbourne, Victoria 3000, Australia

  • Goldman Sachs Financial Markets Pty Ltd (“GAUS”)- Level 17, 101 Collins Street, Melbourne, Victoria 3000, Australia

Contact details:

Contact person – Raymond Chow

Contact number - 852 2978 7696 Email - [email protected]

Nature of connection between substantial product holders:

The Goldman Sachs Group, Inc. owns, directly or indirectly, at least 99% of the voting securities of each of:

  • Goldman Sachs International;

  • Goldman Sachs Australia Managed Funds Limited

  • Goldman Sachs Asset Management Australia Pty Ltd

  • Goldman Sachs Financial Markets Pty Ltd

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: Yarra Capital Management Holdings Pty Ltd on behalf of itself and its subsidiary Yarra Funds Management Limited.

Certification

I, Raymond Chow, 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.

Signature

Print name: Raymond Chow Capacity: Attorney (signing under power of attorney) Sign here: Date: 17 January 2017

Annexure A

Significant Subsidiaries of The Goldman Sachs Group, Inc.

The following are significant subsidiaries of The Goldman Sachs Group, Inc. as of December 31, 2015 and the states or jurisdictions in which they are organized. Each subsidiary is indented beneath its principal parent. The Goldman Sachs Group, Inc. owns, directly or indirectly, at least 99% of the voting securities of substantially all of the subsidiaries included below. The names of particular subsidiaries have been omitted because, considered in the aggregate as a single subsidiary, they would not constitute, as of the end of the year covered by this report, a “significant subsidiary” as that term is defined in Rule 1-02(w) of Regulation S-X under the Securities Exchange Act of 1934

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THE GOLDMAN SACHS GROUP, INC AND ITS SUBSIDIARIES

Signature

print name
sign here
Raymond Chow
(signing under power of attorney in
accordance with section 52 of the
Corporations Act)
capacity
Authorised Person
date
17 January 2017

Annexure B

Date of
Change
Person whose relevant
interest changed
Nature of Change Consideration
given in relation
to change (NZD)
Number of
Securities
Class
04/01/16 GSAMF SELL 124,269 74,975 Ordinary
04/07/16 GSI Return of borrowed shares N/A 100,000 Ordinary
04/21/16 GSAMF BUY 753,814 435,019 Ordinary
04/28/16 GSAMA BUY 1,609,856 967,229 Ordinary
05/03/16 GSI Buy 8,265 5,195 Ordinary
05/04/16 GSI Buy 8,150 5,173 Ordinary
06/07/16 GSAMF SELL 1,761 1,181 Ordinary
06/08/16 GSAMF SELL 23,998 16,586 Ordinary
07/05/16 GSAMA SELL 1,507,149 950,667 Ordinary
07/06/16 GSI Buy 12,192 7,563 Ordinary
07/07/16 GSI Buy 11,986 7,362 Ordinary
07/15/16 GSI Buy 11,289 6,482 Ordinary
07/19/16 GSI Sell 4,750 2,756 Ordinary
07/19/16 GAUS Buy 4,750 2,756 Ordinary
07/19/16 GSI Buy 6,388 3,706 Ordinary
07/19/16 GAUS Sell 6,388 3,706 Ordinary
07/19/16 GSI Sell 79 46 Ordinary
07/19/16 GAUS Buy 79 46 Ordinary
07/19/16 GAUS Buy 6,388 3,706 Ordinary
07/19/16 GSAMF SELL 31,113 18,084 Ordinary
07/20/16 GSI Buy 5,874 3,408 Ordinary
07/20/16 GAUS Sell 5,874 3,408 Ordinary
07/20/16 GSI Sell 1,558 904 Ordinary
07/20/16 GAUS Buy 1,558 904 Ordinary
07/20/16 GSI Sell 5,874 3,408 Ordinary
07/20/16 GAUS Buy 5,874 3,408 Ordinary
07/20/16 GAUS Sell 5,874 3,408 Ordinary
07/20/16 GAUS Sell 1,558 904 Ordinary
Date of
Change
Person whose relevant
interest changed
Nature of Change Consideration
given in relation
to change (NZD)
Number of
Securities
Class
07/20/16 GSI Buy 7,635 4,386 Ordinary
07/25/16 GSAMF SELL 22,903 12,761 Ordinary
07/28/16 GSAMF SELL 19,491 10,717 Ordinary
08/08/16 GSAMF SELL 11,239 5,819 Ordinary
08/09/16 GSI Buy 371,608 190,594 Ordinary
08/12/16 GSI Buy 17,608 8,948 Ordinary
08/16/16 GSI Buy 241,104 123,679 Ordinary
08/16/16 GSI Buy 1,220 626 Ordinary
08/17/16 GSI Buy 130,002 66,145 Ordinary
08/18/16 GSI Buy 3,381 1,694 Ordinary
08/19/16 GSI Buy 69,153 34,750 Ordinary
08/19/16 GSI Buy 2,463 1,233 Ordinary
08/22/16 GSI Buy 4,884 2,407 Ordinary
08/23/16 GSI Buy 71,219 34,857 Ordinary
08/24/16 GSI Buy 83,516 40,736 Ordinary
08/26/16 GSI Buy 7,988 3,977 Ordinary
08/29/16 GSI Buy 1,017 515 Ordinary
08/30/16 GSI Buy 3,192 1,605 Ordinary
09/01/16 GSI Buy 6,955 3,569 Ordinary
09/13/16 GSI Buy 412 211 Ordinary
09/14/16 GSI Buy 618 317 Ordinary
09/14/16 GSAMF SELL 8,896 4,649 Ordinary
09/15/16 GSI Buy 864 444 Ordinary
09/15/16 GSAMF SELL 25,837 13,415 Ordinary
10/06/16 GSAMA SELL 234,628 116,552 Ordinary
10/06/16 GSAMA SELL 1,917 947 Ordinary
10/06/16 GSAMA SELL 192,348 95,000 Ordinary
10/06/16 GSAMA SELL 327,333 161,753 Ordinary
10/07/16 GSI Buy 12,685 6,249 Ordinary
10/10/16 GSAMA SELL Ordinary
Date of
Change
Person whose relevant
interest changed
Nature of Change Consideration
given in relation
to change (NZD)
Number of
Securities
Class
520,095 258,741
10/18/16 GSI Buy 556 285 Ordinary
10/18/16 GSAMF SELL 1,267 660 Ordinary
10/19/16 GSAMF SELL 8,663 4,479 Ordinary
10/19/16 GSAMF SELL 1,922 1,000 Ordinary
10/20/16 GSI Buy 1,200 622 Ordinary
10/21/16 GSI Sell 950 476 Ordinary
10/21/16 GAUS Buy 950 476 Ordinary
10/21/16 GSI Sell 409 205 Ordinary
10/21/16 GAUS Buy 409 205 Ordinary
10/21/16 GSI Buy 950 476 Ordinary
10/21/16 GAUS Sell 950 476 Ordinary
10/21/16 GSI Buy 409 205 Ordinary
10/21/16 GAUS Sell 409 205 Ordinary
10/24/16 GSAMF SELL 6,438 3,264 Ordinary
10/25/16 GSAMF SELL 66,635 33,596 Ordinary
10/28/16 GSI Sell 22,710 11,440 Ordinary
10/28/16 GSI Sell 1,755 876 Ordinary
11/01/16 GSI Sell 5,159 2,619 Ordinary
11/02/16 GSI Sell 2,597 1,327 Ordinary
11/03/16 GSI Sell 6,439 3,297 Ordinary
11/03/16 GSAMF SELL 37,332 19,153 Ordinary
11/04/16 GSI Sell 3,617 1,852 Ordinary
11/08/16 GSI Sell 2,301 1,139 Ordinary
11/24/16 GAUS Sell 1,813 979 Ordinary
12/05/16 GSAMF SELL 325 174 Ordinary
12/06/16 GSAMF SELL 14,920 8,182 Ordinary
12/08/16 GSI Sell 905 476 Ordinary
12/09/16 GSAMF SELL 22,000 11,266 Ordinary
12/12/16 GSI Sell 3,348 1,744 Ordinary
12/12/16 GSAMF SELL Ordinary
Date of
Change
Person whose relevant
interest changed
Nature of Change Consideration
given in relation
to change (NZD)
Number of
Securities
Class
6,097 3,174
12/13/16 GSI Sell 246 128 Ordinary
12/14/16 GSI Sell 5,267 2,776 Ordinary
12/15/16 GSAMA SELL 37,123 19,022 Ordinary
12/16/16 GSI Sell 2,511 1,303 Ordinary
12/16/16 GSAMA SELL 60,304 31,023 Ordinary
12/19/16 GSI Sell 4,508 2,312 Ordinary
01/03/17 GSAMF SELL 127 66 Ordinary
01/04/17 GSAMF SELL 19,527 10,208 Ordinary
01/06/17 GSI Sell 2,289 1,192 Ordinary
01/09/17 GSI Sell 3,708 2,000 Ordinary
01/10/17 GSI Sell 3,468 1,860 Ordinary
01/11/17 GSI Sell 374 200 Ordinary
01/11/17 GSI Borrow of shares N/A 78,000 Ordinary
01/11/17 GSAMF SELL 11,766 6,212 Ordinary
01/12/17 GSI Sell 4,987 2,664 Ordinary
01/12/17 GSAMF SELL 11,698 6,197 Ordinary
01/13/17 GSI Sell 817 437 Ordinary
01/13/17 Goldman Sachs Group Transfer of control of GSAMF
and associated assets to the
Yarra Capital Management
group
N/A 26,879,696 Ordinary
Signature
Print name:
Sign here:
Raymond Chow
(signingunderpower of attorney)
Capacity:
Attorney
Date:
17 January 2017