BPH ENERGY LTD — Major Shareholding Notification 2021

Feb 10, 2021

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To: Company Name/Scheme: BPH Energy Ltd ACN/ARSN 41 095 912 002

1. Details of substantial holder(1)

Name: David Breeze, Trandcorp Pty Ltd, Grandbridge Limited, Grandbridge Securities Limited

ACN/ARSN Trandcorp Pty Ltd (ACN 009 107 813) Grandbridge Limited (ACN 089 311 026), Grandbridge Securities Limited (ACN 087 432 353)

There was a change in the interests of thesubstantial holder onThe previous notice was given to the company onThe previous notice was dated	9/02/2121/12/2021/12/20

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, to give a substantial holding notice to the company or scheme, are as follows:

Class or securities(4)	Previous notice		Present notice
	Person’s votes	Voting power(5)	Person’s votes	Voting Power(5)
ORD	57,452,695	9.89%	57,452,695	8.65%

3. Change 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:

Date of Change	Person whose relevantinterest changed	Nature of change(6)	Considerationgiven in relationthe change (7)	Class and number ofsecurities affected	Person’s votesaffected
28/01/2021 to10/02/2021	David Breeze	Dilution fromshare issues	N/A	162,832 ORD	162,832 ORD
28/01/2021 to10/02/2021	Trandcorp Pty Ltd in itsown right and as Trustee	Dilution fromshare issues	N/A	53,494,071 ORD	53,494,071 ORD
28/01/2021 to10/02/2021	David Breeze, TrandcorpPty Ltd, GrandbridgeLimited	Dilution fromshare issues	N/A	3,795,792 ORD	3,795,792 ORD

4. Present relevant interests

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

Holder of relevantinterest	Registered holder ofsecurities	Person entitled tobe registered asholder(8)	Nature of relevantinterest (6)	Class and number ofsecurities	Person’s votes
David Breeze	David Breeze	David Breeze	Registered holder	162,832 ORD	162,832 ORD
David Breeze,Trandcorp Pty Ltd	Trandcorp Pty Ltdin its own right andas Trustee	Trandcorp Pty Ltdin its own rightand as Trustee	Registered holderand undersection 608(3)	53,494,071 ORD	53,494,071 ORD
David Breeze,Trandcorp PtyLtd, GrandbridgeLimited	GrandbridgeLimited	GrandbridgeLimited	Registered holderand undersection 608(3)	3,795,792 ORD	3,795,792 ORD

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)	Name of association
N/A	N/A

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
David Breeze, Trandcorp Pty Ltd, GrandbridgeLimited,Grandbridge Securities Limited	14 View Street, North Perth WA 6006

Signature

Print name David Breeze_____________capacity

==> picture [454 x 84] intentionally omitted <==

----- Start of picture text ----- In his own right and as a director of Trandcorp PtyLtd, Grandbridge Limited, Grandbridge SecuritiesLimitedsign here date 11/02/21__________________________________________________________________________----- End of picture text -----

DIRECTIONS

• 1. If there are a number of substantial holder with similar or related relevant interests (eg. A corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of member is clearly set out in paragraph 6 of the form.
• 1. See the definition of “associate” in section 9 of the Corporations Act 2001.
• 1. See the definition of “relevant interest” in section 608 and 671B(7) of the Corporations Act 2001.
• 1. The voting shares of a company constitute one class unless divided into separate classes.
• 1. The person’s votes divided by the total votes in the body corporate or scheme multiplied by 100.
• 1. Include detail of:

  • i) Any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying the contract, scheme or arrangement; and

  • ii) Any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of , the voting powers or disposal or the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

• 1. Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or ital. associates in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.
• 1. If the substantial holder is unable to determine the identity of the person (eg. If the relevant interest arises because of an option) white ‘unknown”
• 1. Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.