Rakon Limited — Major Shareholding Notification 2019

Oct 3, 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

To

NZX

and To Rakon Limited Relevant event being disclosed: Change in the nature of relevant interest in substantial holding Date of relevant event: 22 August 2019 Date this disclosure made: 3 October 2019 Date last disclosure made: 23 October 2009

Substantial product holder(s) giving disclosure

Full name(s): Darren Paul Robinson

Summary of substantial holding

Class of quoted voting products: Ordinary Shares

Summary for Darren Paul Robinson

For this disclosure,—

(a) total number held in class:

(b) total in class:

• (c) total percentage held in class:

34,845,003 229,055,272 15.21%

For last disclosure,—

(a) total number held in class:

• (b) total in class:

• (c) total percentage held in class:

34,845,003 189,688,591 18.37%

Details of transactions and events giving rise to relevant event

Details of the transactions or other events requiring disclosure: Transfer of legal title to 24,930,823 ordinary shares to new trustees of Ahuareka Trust pursuant to a deed of retirement and appointment of new trustees dated 5 June 2019 in respect of which the share transfer was completed on 22 August 2019.

Details after relevant event

Details for Darren Paul Robinson

1. Nature of relevant interest(s):

Registered holder

For that relevant interest,—

• (a) number held in class:

24,930,823

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(b)	percentage held in class:	10.88%
(c)	current registered holder(s):	Warren John Robinson and Trusts Limited
(d)	registered holder(s) once	Darren Paul Robinson, Brent John Robinson
	transfers are registered:	and Michele Susan Robinson
For	a derivative relevant interest, also—	N/A
(a)	type of derivative:	N/A
(b)	details of derivative:	N/A
(c)	parties to the derivative:	N/A
(d)	if the substantial product holder	N/A
	is not a party to the derivative,
	the nature of the relevant interest
	in the derivative:
2. Nature of relevant interest(s):		Beneficial Interest
For	that relevant interest,—
(a)	number held in class:	24,930,823
(b)	percentage held in class:	10.88%
(c)	current registered holder(s):	Warren John Robinson and Trusts Limited
(d)	registered holder(s) once	Darren Paul Robinson, Brent John Robinson
	transfers are registered:	and Michele Susan Robinson

For a derivative relevant interest, also— N/A

(a)	type of derivative:	N/A
(b)	details of derivative:	N/A
(c)	parties to the derivative:	N/A
(d)	if the substantial product holder	N/A
	is not a party to the derivative,
	the nature of the relevant interest
	in the derivative:

1. Nature of relevant interest(s): Registered holder and beneficial interest For that relevant interest,— (a) number held in class: 9,914,180 (b) percentage held in class: 4.33 % (c) current registered holder(s): Darren Paul Robinson (d) registered holder(s) once N/A transfers are registered:

For a derivative relevant interest, also— N/A

(a) type of derivative: N/A (b) details of derivative: N/A (c) parties to the derivative: N/A

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• (d) if the substantial product holder N/A is not a party to the derivative, the nature of the relevant interest in the derivative:

Additional information

Address(es) of substantial product holder(s): 5 Birch Lane Whitford, Auckalnd

Contact details: darren.robinson@rakon.com; Phone 09 5719203

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: Brent John Robinson, Michele Susan Robinson and Trusts Limited

Disclosure has effect for purposes of directors’ and senior managers’ disclosure Darren Paul Robinson is also a senior manager of Rakon Limited. This disclosure also constitutes disclosure for the purposes of the directors’ and senior managers’ disclosure obligations.

Certification

I, Darren Paul Robinson , 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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