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AUSSIE BROADBAND LIMITED — Major Shareholding Notification 2021
Sep 16, 2021
64278_rns_2021-09-16_f51d497e-ce04-42ba-bec1-dcc8d66f8dd9.pdf
Major Shareholding Notification
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Form 603
Corporations Act 2001
Section 671B
Notice of initial substantial holder
To: Aussie Broadband Limited ACN: 132 090 192 ASX Code: ABB
1. Details of substantial holder
Name: Bennelong Funds Management Group Pty Ltd (and its Subsidiaries and Affiliates[1] as listed in Annexure A) ACN: 144 676 344
The holder became a substantial shareholder on: 15 September 2021
2. Details of voting power
The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate had a relevant interest in on the date the substantial holder became a substantial holder are as follows:
| Class of securities | Number of securities |
Person's votes | Voting power |
|---|---|---|---|
| Ordinary | 11,902,242 | 11,902,242 | 5.4388% |
3. Details of relevant interests
The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:
| Holder of relevant interest |
Nature of relevant interest |
Class and number of securities |
|---|---|---|
| Bennelong Funds Management Group Pty Ltd |
Investment Manager | 11,902,242 |
1 For the purposes of this Notice and pursuant to s 608(3) of the Corporations Act 2001 (Cth), ‘Affiliates’ means any body corporate or managed investment scheme in which the Group’s voting power is over 20% or which is controlled by the Group.
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4. Details of present registered holders
The persons registered as holders of the securities referred to in paragraph 3 above are as follows:
| Holder of relevant Interest | Registered holder of securities |
Persons entitled to be registered as holder |
Class and number of securities |
|---|---|---|---|
| Bennelong Funds Management Group Pty Ltd |
Citi | 10,065,465 Ordinary Shares | |
| Bennelong Funds Management Group Pty Ltd |
JPM | 1,524,277 Ordinary Shares | |
| Bennelong Funds Management Group Pty Ltd |
UBS | 312,500 Ordinary Shares |
5. Consideration
The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:
| Consideration | Consideration | |||
|---|---|---|---|---|
| Holder of relevant Interest | Date of Acquisition |
Cash | Non- cash |
Class and number of securities |
| Bennelong Funds Management Group Pty Ltd |
Various | Price range: $2.84 - $4.00 |
N/A | 2,816,153 Ordinary shares |
6. Associates
The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:
Name and ACN/ARSN (if applicable) Nature of association
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7. Addresses
The addresses of persons named in this form are as follows:
| Name | Address |
|---|---|
| Bennelong Funds Management Group Pty Ltd |
Level 1, 9 Queen Street, Melbourne VIC 3000 |
Signature
Print name: Jeff Phillips
Capacity: Company Secretary
Date: 17 September 2021
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Annexure A
Subsidiaries BennBridge Ltd (Company Number 10480050) Bennelong Funds Management Ltd (ACN 111 214 085)
Affiliates 4D Infrastructure Pty Ltd (ACN 604 979 259) BambuBlack Asset Management LLP (OC427173) Bennelong Australian Equity Partners Pty Ltd (ACN 131 665 122) Bennelong Long Short Equity Management Pty Ltd (ACN 118 724 173) Kardinia Capital Pty Ltd (ACN 152 003 186) Pembroke EM LLP (OC420444) Quay Global Investors Pty Ltd (ACN 163 911 859) Skerryvore Asset Management LLP (OC429371) Tellworth Investments LLP (OC417414) Touchstone Asset Management Pty Ltd (ACN 605 911 519)
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