Serko Limited — Major Shareholding Notification 2020

May 8, 2020

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 Limited
and
To	Serko Limited (SKO)
Relevant event being disclosed:	Disclosure of movement of 1% or more in
	substantial holding
Date of relevant event:	7 May 2020
Date this disclosure made:	8 May 2020
Date last disclosure made:	22 January 2020

Substantial product holder(s) giving disclosure

Substantial product holder(s) giving	disclosure
Full name(s):	Harbour Asset Management Limited.
	Includes details for related body corporate:
	Jarden Securities Limited

Summary of substantial holding

Harbour Asset Management Limited:

Class of quoted voting products: Ordinary shares (Shares)	Class of quoted voting products: Ordinary shares (Shares)	Class of quoted voting products: Ordinary shares (Shares)
Summary for:		Harbour Asset Management Limited only
Forthis disclosure -	(a) total number held in class:	9,575,407
	(b) total in class:	92,748,992
	(c) total percentage held in class:	10.324%
Forlast disclosure -	(a) total number held in class:	8,223,424
	(b) total in class:	92,086,422
	(c) total percentage held in class:	8.930%

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Summary of substantial holding Related Body Corporate:

Class of quoted voting products: Ordinary shares (Shares)	Class of quoted voting products: Ordinary shares (Shares)	Class of quoted voting products: Ordinary shares (Shares)
Summary for:		Jarden Securities Limited (includes Jarden Securities Limited (DIMS) holdings)
Forthis disclosure -	(a) total number held in class:	97,701
	(b) total in class:	92,748,992
	(c) total percentage held in class:	0.105%
Forlast disclosure -	(a) total number held in class:	40,015
	(b) total in class:	92,086,422
	(c) total percentage held in class:	0.044%

Summary of substantial holding Including All Related Bodies Corporate:

Class of quoted voting products: Ordinary shares (Shares)	Class of quoted voting products: Ordinary shares (Shares)	Class of quoted voting products: Ordinary shares (Shares)
Summary for:		Harbour Asset Management Limited and Jarden Securities Limited
Forthis disclosure -	(a) total number held in class:	9,673,108
	(b) total in class:	92,748,992
	(c) total percentage held in class:	10.429%
Forlast disclosure -	(a) total number held in class:	8,263,439
	(b) total in class:	92,086,422
	(c) total percentage held in class:	8.974%

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Details of transactions and events giving rise to relevant event:

Details of on-market purchases and on-market sales of the related bodies corporate since the last relevant event on 17 January 2020, as summarised in the table below:

Details for:	Harbour Asset Management Limited	Jarden Securities Limited (previously named First NZ Capital Securities Limited)	Jarden Securities Limited (DIMS)
Nature of relevant interest(s):	As fund manager, the power to exercise (or control the exercise of) a right to vote attached to, and power to acquire or dispose of (or control the acquisition or disposal of), the Shares, under investment powers contained in investment management agreements with clients (the beneficial owners of the product) or managed fund trust deeds.	As beneficial owner, through normal on-market trading activity, with the power to exercise (or control the exercise of) a right to vote attached to, and power to acquire or dispose of (or control the acquisition or disposal of), the Shares	Jarden Securities Limited has, as provider of discretionary investment management services (DIMS) under various investment management agreements with clients (the beneficial owners of the product), the power to exercise (or control the exercise of) a right to vote attached to, and power to acquire or dispose of (or control the acquisition or disposal of), the Share.
On-market purchases – number of shares	1,713,530	1,524,196	67,480
On-market purchases – Gross Consideration	$4,961,922	$4,449,722	$171,476
On-market sales – number of shares	361,547	1,523,990	10,000
On-market sales – Gross Consideration	$1,351,956	$4,504,311	$18,852

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Details after relevant event:

Details for:	Harbour Asset Management Limited	Jarden Securities Limited (previously named First NZ Capital Securities Limited)	Jarden Securities Limited (DIMS)
Nature of relevant interest(s):	As fund manager, the power to exercise (or control the exercise of) a right to vote attached to, and power to acquire or dispose of (or control the acquisition or disposal of), the Shares, under investment powers contained in investment management agreements with clients (the beneficial owners of the product) or managed fund trust deeds.	As beneficial owner, through normal on-market trading activity, with the power to exercise (or control the exercise of) a right to vote attached to, and power to acquire or dispose of (or control the acquisition or disposal of), the Shares	Jarden Securities Limited has, as provider of discretionary investment management services (DIMS) under various investment management agreements with clients (the beneficial owners of the product), the power to exercise (or control the exercise of) a right to vote attached to, and power to acquire or dispose of (or control the acquisition or disposal of), the Share.
For that relevant interest,
Number held in class after the relevant event:	9,575,407	17,776	79,925
Percentage held in class	10.324%	0.019%	0.086%
Current registered holder of financial products:	Various nominees or custodians for and on behalf of Harbour Asset Management Limited	Jarden Securities Limited	FNZ Custodians Limited (as sub- custodian of Jarden Custodial Services Limited)
Registered holder of financial products once transfer is registered:	Various nominees or custodians for and on behalf of Harbour Asset Management Limited	Jarden Securities Limited	FNZ Custodians Limited (as sub- custodian of Jarden Custodial Services Limited)

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Additional information

Additional information
Address(es) of substantial	Level 14, 171 Featherston Street, Wellington
product holder(s):
Contact details:	Kate Livingston
	+ 64 9 307 5747
	kate.livingston@jarden.co.nz
Nature of connection	Jarden Securities Limited (previously named First NZ
between substantial product	Capital Securities Limited), Jarden Partners Limited
holders:	(previously named First NZ Capital Group 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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