COMMS GROUP LTD — Major Shareholding Notification 2022

Aug 9, 2022

Form 605 Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme

Comms Group Limited ( CCG )

ACN/ARSN 619 196 539

1. Details of substantial holder (1)

Name Peter McGrath ACN/ARSN (if applicable) The holder ceased to be a substantial holder on 29 July 2022 The previous notice was given to the company on 10 May 2022 The previous notice was dated 10 May 2022

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) 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 ofchange	Person whoserelevant interestchanged	Nature ofchange (4)	Considerationgiven in relationto change (5)	Class (6) andnumber ofsecuritiesaffected	Person’s votesaffected
29/7/2022	JapemPtytd(McGrathInvestmentAccount)	Director of entityholding shares	None – dilution of %holding in companyfollowing recent shareissues and sharesreleased from escrow	5,047,200ordinary shares	5,047,200
29/7/2022	MrPeterMcGrathandMrsJaniceMcGrath(McGrath SuperFund A/C)	Trustee andbeneficiary ofsuper fundholding shares	None – dilution of %holding in companyfollowing recent shareissues and sharesreleased from escrow	13,408,867ordinary shares	13,408,867

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) 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
Japem Pty td (McGrath Investment Account)	Director of entity holding shares
Mr Peter McGrath and Mrs Janice McGrath (McGrathSuper Fund A/C)	Trustee and beneficiary of super fund holding shares

4. Addresses

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

persons named in this form are as follows:	persons named in this form are as follows:	persons named in this form are as follows:
Name					Address
Japem Pty td (McGrath I	nvestment Account	)		P	O Box 479, Hawthor	n Bu	siness Centre,	Hawthorn VIC 3122
Mr Peter McGrath and	rs Janice McGrath (		McGrath Super
Fund A/C)

Signature

	print name Peter McGrath	capacity	Beneficial shareholder
	sign here	date	10 August 2022
	DIRECTIONS
(1)	If there are a number of substantial holders 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 members
	is clearly set out in paragraph 4 of the form.
(2)	See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
(3)	See the definition of "associate" in section 9 of the Corporations Act 2001.
(4)	Include details of:

• (a) 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 this contract, scheme or arrangement; and

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

• See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• (5) Details of the consideration must include any and all benefits, moneys 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 its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

• (6) The voting shares of a company constitute one class unless divided into separate classes.

• (7) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

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