AVADA GROUP LIMITED — Major Shareholding Notification 2022

Jun 6, 2022

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme Avada Group Ltd (AVD) ACN/ARSN 648 988 783

1. Details of substantial holder (1)

Name

ACN/ARSN (if applicable)

Regal Funds Management Pty Limited and its associates (see Annexure 1)

There was a change in the interests of the substantial holder on 3/06/2022 The previous notice was given to the company on 21/02/2022 The previous notice was dated 17/02/2022

2. Previous and present 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 (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

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Previous notice Current notice
Class of securities (4)
Person's votes Voting power (5) Person's votes Voting power (5)
ORDINARY 8,278,722 11.30% 8,278,722 11.30%
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*The % substantial is based on the shares on issue of 73,268,358 as disclosed by the Company on 16-12-2021.

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Holder	of	relevant	interest	Date of acquisition	Consideration (9)	Class and number of securities
				See Annexure 2

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
UBS AG, AUSTRALIA BRANCH	UBS NOMINEES PTY LTD	UBS AG, AUSTRALIA BRANCH	HOLDER OF SHARES	5,478,097 ORDINARY	5,478,097
MERRILL LYNCH INTERNATIONAL LIMITED	MERRILL LYNCH (AUS) NOMINEES PTY LTD	MERRILL LYNCH INTERNATIONAL LIMITED	HOLDER OF SHARES	433,425 ORDINARY	433,425
J.P MORGAN SECURITIES PLC	J.P. MORGAN PRIME NOMINEES LTD	J.P MORGAN SECURITIES PLC	HOLDER OF SHARES	2,367,200 ORDINARY	2,367,200

5. Changes in associatio The persons who have beco substantial holder in relation	n amed in this form are as follows: print name capacity sign here date lders TNERS LIMITED Sell 0.00 0 Ordinary 0 Name DS MANAGEMENT PTY LIMITED 7/06/2022 Regal Funds Management has a relevant interest in the interests held by Regal Funds Management Pty Limited as a result of the recent Management Pty Limited by Regal Partners Limited. Company Secretary ACN/ARSN (if applicable) PARTNERS LIMITED Nature of association 100% OWNER OF REGAL FUNDS MANAGEMENT PTY LIMITED Name PARTNERS LIMITED Address LEVEL 47, GATEWAY, 1 MACQUARIE PLACE, SYDNEY NSW 2000 Kenny Ho MANAGEMENT PTY LIMITED LEVEL 47, GATEWAY, 1 MACQUARIE PLACE, SYDNEY NSW 2000 me associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the to voting interests in the company or scheme are as follows:
6. Addresses The addresses of persons n Name and REGAL REGAL REGAL FUNDS	amed in this form are as follows: ACN/ARSN (if applicable) PARTNERS LIMITED Nature of association 100% OWNER OF REGAL FUNDS MANAGEMENT PTY LIMITED Name PARTNERS LIMITED Address LEVEL 47, GATEWAY, 1 MACQUARIE PLACE, SYDNEY NSW 2000 MANAGEMENT PTY LIMITED LEVEL 47, GATEWAY, 1 MACQUARIE PLACE, SYDNEY NSW 2000
Signature Annexure 1 Details of Substantial Ho
ACN 107 576 821 129 188 450 REGAL PAR REGAL FUN	TNERS LIMITED Name DS MANAGEMENT PTY LIMITED
Annexure 2 0/01/1900 Regal Partners Limited now acquisition of Regal Funds

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

	Name and ACN/ARSN (if applicable)	Nature of association
	REGAL PARTNERS LIMITED	100% OWNER OF REGAL FUNDS MANAGEMENT PTY
		LIMITED
6. Addresses
The addresses of	persons named in this form are as follows:
	Name	Address
REGAL FUNDS MANAGEMENT PTY LIMITED		LEVEL 47, GATEWAY, 1 MACQUARIE PLACE, SYDNEY
		NSW 2000
	REGAL PARTNERS LIMITED	LEVEL 47, GATEWAY, 1 MACQUARIE PLACE, SYDNEY
		NSW 2000

Signature

Annexure 1

Details of Substantial Holders

ACN	Name
107 576 821	REGAL FUNDS MANAGEMENT PTY LIMITED
129 188 450	REGAL PARTNERS LIMITED

Annexure 2

Regal Partners Limited now has a relevant interest in the interests held by Regal Funds Management Pty Limited as a result of the recent acquisition of Regal Funds Management Pty Limited by Regal Partners Limited.