A2 Milk : Ongoing disclosure notice & Appendix 3b – Susan Massasso

5012dc93-6780-47c0-a6aa-1aa1ff0bfaff.pdf

'.,Y-....

N ZX

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:	28/06/2016
Dateof l ast disclosure:	21108/2015

Director or senior manager giving disclosure

Full name(s):	Susan MASSASSO
Name of listed issuer:	The a2 Milk Company Limited (Company)
Name of related body corporate (if applicable):
Position held in listed issuer:	Chief Marketing Officer

Summary of acquisition or disposal of relevant interest (excluding specified derivatives)

Class of affected quoted financial products:	Ordinary Shares
Nature of the affected relevant interest(s):	Legal and beneficial owner
For that relevant interest-
Number held in class before acquisition or disposal:	5,000,000 ordinary shares (partly paid)
Number held in class after acquisition or disposal:	4,650,000 ordinary shares (partly paid)
Current registered holder(s):	Susan MASSASSO
Registered holder(s) once transfers are registered:	Unknown

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

Type of affected derivative:

Class of underlying financial products: Details 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:

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

eta1 s o ransact1ons requmna 1sc osure-

Date of transaction:	22/06/2016
Nature of transaction:	Payment up of partly paid shares in full; - (5) On market sales of fully paid shares through broker facilities
Name of anv other party or parties to the transaction (if known):

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

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

The consideration, expressed in New Zealand dollars, paid or recieved for the acquisition or disposal. If the consideration was not in cash and cannot be readily by converted into a cash value, describe the consideration:
Number of financial products	to which the transaction related:

(1) $249,480; (2) $1,905.05; (3)

$117,150.77; (4) $265,410.06; (5)

$245,247.81 ((2) to (5) in aggregate =

$629,713.69)

(1) 350,000; (2) 1,057; (3) 65,000; (4)

147,474; (5) 136,469 ((2) to (5) in

aggregate =350,000)

Whether relevant interests were aauired or disoosed of during a closed period: INo

Whether prior written clearance was provided to allow the aquisition or disposal to proceed during the closed period: NO

1. ate--=o-f-t_h_e_prio,writ-te-n cl_e_ -an_ce_-(if an_y_)_: --f N/A ---1

   Summary of other relevant interests after acquisition or disposal:

   Class of auoted financial oroducts:	Unlisted options to subscribe for Ordinary Shares in the Company (Options)
   Nature of relevant interest:	Legal and beneficial owner

   For that relevant interest,- Number held in class: Current re istered holdersJ:

   hype

   For a derivative relevant interest,-

   .

   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 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:

   For that derivative relevant interest,-

   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:

   of derivative: Details of derivative -

   I 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 of director or officer:

   Date of signature:

   Cerification

   Signature of person authorised to sign on behalf of director or officer:

   Date of signature:

   Name and title of authorised person:

   or

   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-

2. 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

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