ANZ New Zealand Investments Appointed to Manage DIMS Strategies, Lifting Tourism Holdings Stake to 8.931%

Sonal Goyal

12 November 2026 10:15 AM AEDT

ANZ New Zealand Investments Appointed to Manage DIMS Strategies, Lifting Tourism Holdings Stake to 8.931%

Image Source: Krish Capital Pty Ltd

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Tourism Holdings Ltd (ASX:THL) has been notified of a change in the nature of a substantial holding, with ANZ New Zealand Investments Limited appointed on 11 November 2026 to manage ANZ Bank New Zealand Limited's discretionary investment management service (DIMS) strategies, resulting in the aggregated holding of ANZ New Zealand Investments Limited and ANZ Bank New Zealand Limited reaching 8.931% of Tourism Holdings' common stock.

Key Points

ANZ Bank New Zealand Limited appointed ANZ New Zealand Investments Limited to manage its DIMS strategies under an investment management contract on 11 November 2026.
The aggregated holding of ANZ New Zealand Investments Limited and ANZ Bank New Zealand Limited in Tourism Holdings common stock stands at 19,781,861 shares, representing 8.931% of the 221,495,000 total shares in class.
At the last disclosure on 17 June 2025, the aggregated holding was 18,535,149 shares, or 8.383% of 221,098,000 total shares in class.
The change in relevant interest relates to 3,185,241 financial products now subject to the DIMS investment management contract, covering voting rights and acquisition or disposal powers.
No consideration was paid for the change in nature of the relevant interest, though consideration is payable to ANZ New Zealand Investments Limited for services provided under the investment management contract.

DIMS Appointment and Change in Nature of Relevant Interest

On 11 November 2026, ANZ Bank New Zealand Limited appointed ANZ New Zealand Investments Limited to manage ANZ Bank's DIMS strategies under an investment management contract. Under the arrangement, ANZ New Zealand Investments Limited assumes a qualified power to control the exercise of voting rights and a qualified power to control the acquisition or disposal of 3,185,241 financial products. ANZ Bank New Zealand Limited retains responsibility for implementing the DIMS strategies in client portfolios, including instructing trades and implementing ANZ New Zealand Investments Limited's voting decisions. ANZ Bank may also instruct ANZ New Zealand Investments Limited to vary its investment decisions.

Individual Holdings of Each ANZ Entity at 11 November 2026

According to the filing, ANZ New Zealand Investments Limited holds 16,476,283 shares in Tourism Holdings, representing 7.439% of the 221,495,000 shares in class, with The New Zealand Guardian Trust Company Limited as current registered holder. ANZ Bank New Zealand Limited holds 3,305,578 shares, representing 1.492% of shares in class. ANZ Custodial Services New Zealand Limited also holds 3,305,578 shares, representing 1.492% of shares in class. The aggregated summary for ANZ New Zealand Investments Limited and ANZ Bank New Zealand Limited excludes the custodial holdings of ANZ Custodial Services New Zealand Limited to avoid double-counting.

Comparison with Previous Substantial Holding Disclosure

The previous substantial holding disclosure was made on 17 June 2025. At that time, ANZ New Zealand Investments Limited held 15,090,973 shares at 6.825% of 221,098,000 shares in class, while ANZ Bank New Zealand Limited held 3,444,176 shares at 1.558%. ANZ Custodial Services New Zealand Limited also held 3,444,176 shares at 1.558% at the prior disclosure. The disclosure was made pursuant to Sections 277 and 278 of the Financial Markets Conduct Act 2013 and filed with both NZX Limited and Tourism Holdings Ltd.

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