A2 Milk : Ongoing disclosure notice & Appendix 3Y – Geoffrey Babidge

b25d00de-3353-457b-8619-76ce7b4a50c1.pdf

N Z X

Ongoing Disclosure Notice

Disclosure of Directors and Senior Managers Relevant Interests

Sections 297(2) and 298(2), Financial Markets Conduct Act 2013

To NZX Limited; and
Name of listed issuer:	The a2 Milk Company Limited
Date this disclosure made:	29/03/2016
Date of last disclosure:	5/01/2016

Director or senior manager giving disclosure

Full name(s):	Geoffrey Howard BABIDGE
Name of listedissuer:	The a2 Milk Company Limited
Name of related body corporate (if applicable):
Position held in listed issuer:	Managing Director and CEO

Summary of acquisition or disposal of relevantInterest (excluding speclfied derivatives)

Class of affected quoted financial products:	Ordinary Shares
Nature of the affected relevant interest(s):	Beneficial interest
For that relevant interest·
Number held in class before acquisition or disposal:	3,500 ooofully paid Ordinary Shares
Number held in class after acquisition or disposal:	2,500,000 fully paid ordinary Shares
Current registered holder(s):	GCAA Investments Pty Ltd
Registered holder(s) once transfers are registered:	GCAA Investments Pty Ltd

Summary of acquisition or disposal of specified derivatives relevant Interest (if applicable)

Type of affected derivative:

The notional value of the derivative (if any) or the notional amount of underlying financial products (if any):

A statement as to whether the derivative is cash settled or physically settled:

Maturity date of the derivative (if any):

Expiry date of the derivative(if any):

The price specified in the terms of the derivative (if any):

Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products:

Class of underlying financial products: Details of affected derivative-

For that derivative,-

Parties to the derivative:

If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative:

Details of transactions giving rise to acquisition or disposal

Date of transaction:	(1) 23/03/2016; (2) 23/03/2016
Nature of transaction	(1) Sale of fully paid Ordinary Shares through broker facilities; (2) Sale of fully paid Ordinary Shares through broker facilities
Name of any other party or parties to the transaction (if known):	Unknown

Total number o f tr an sactions;..;t.o;;w;.;.h; .; ;ch;.;..n;.;ot ice rel ates: IT_wo Details of transactions reaulring disclosure-

me consideration, expressed in New zealand dollars, paid or rec1evea 1or tne acqu1sit1on or disposal If the consideration was not in cash and cannot be readily by converted into a cash value, describe the cons1derat1on:	(1) $995,000; (2) $995,000 (Aggregate of 1 and2 "'$1.990,000
Number offinancial oroducts to which the transaction related:	(1) 500,000 fully paid Ordinary Shares;(2) 500,000 full aid Ordina Shares

If the issuer has a financial products trading policy that prohibits directors orsenior

managers from trading during any period without written clearance (a closed period) include the followina details-

Whether relevant interests were aciuired or disposed of durina a closed period: INo

Whether prior written clearance was provided to allow the aquisition or disposal to

p_r_oc_e_e_d_d_u_r_ing t_h-e--c'- los e.d:....p:;; e riod: ----1 N_/_A ---t Date of the prior written clearance (if any}: .N/A

Summary of other relevantInterests after acquisition or disposal: Class of woted financial roducts:

Nature of relevant interest:

For that relevant interest, -

Number held inclass· Shares

Current r ·stered holder(s}:

For aderivative relevanl interest, -

.

!Type of derivative:

Details ofderivative •

The notional value of the derivative (if any) or the notional amount of underlying financial products (if any):

A statement as to whether the derivative is cash settled or physically settled.

Maturity date of the derivative (if any):

Expiry date of the derivative (if any):

The price's specified terms (if any):

Any other details neededlo understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products:

For that derivative relevant interest,-

Parties to the derivative:

If the director or senior manager 1s not a party to the derivative,the nature of the relevant interest in the derivative

Ceriflcatlon

Icertify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and thatIam duly authorised to make this disclosure by all persons for whom iiis made.

Signature of director 01officer:

Date of signature:

or

Signature of person authorisedlo sign on behalf of director or officer.

Date of signature

Name and title of authorised person

Notes

Use this form to disclose all the aquisitions and disposals by a director or senior manager of a listed issuer, or of a related body corporate, or in specified derivatives. The disclosure must be made within-

1. 20 working days after the first aquisition or disposal disclosed in this notice if the aquisitions or disposals are of a kind referred to in section 297(2)(a) of the Financial Markets Conduct Act 2013; or

2. in any other case, 5 trading days after the first aquisition or disposal disclosed in this notice.