COVENTRY GROUP LIMITED — Major Shareholding Notification 2019

May 26, 2019

603 page 1/2 15 July 2001

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

Lo Company Name/Scheme	Coventry Group
ACN/ARSN	37 008 670 102
1. Details of substantial holder (1) Name ACN/ARSN (if applicable)	Castle Point Funds Management
The holder became a substantial holder on	27/5/19

2. Details of voting power

The lotal 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 on the date the substantial holder

Class of securities (4)	Number of securities.	Person's votes (5)	Voting power (6)
Ordinary Shares	5.153.693	5.153.693	'5.75%

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 (7)	Class and number of securities
l Castle Point Funds Manadement	Ordinary Shares	5, 153, 693

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	Person entitled to be registered as holder (8)	Class and number of securities
Castle Point Funds Management	Public Trust Castle Point Nominees Ltd	Public Trust Castle Point Nominees Ltd	5,128,104
Castle Point Funds Management	Oueen St Nominees Ltd	Queen St Nominees	25,589

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:

Holder of relevant interest	Date of acquisition	Consideration (9)		Class and number of securities
See Appendix		l'A≼h	Non-cash

603 page 2/2 15 July 2001

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
Castle Point Funds Management	Fund Manager

7. Addresses

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

Name.	Aridress
Castle Point Funds Management	I Level 10, 11 Britomart Place, Auckland, NZ

Signature

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 armexure to the form. If the relevant inferests 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 7 of the form.
• See the definition of "associate" in section 9 of the Corporations Act 2001. $(7)$
• $\left\langle 3\right\rangle$ See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001,
• The voting shares of a company constitute one class unless divided into separate classes, $(4)$
• The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant $(5)$ interest in.
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100, $(6)$
• $(7)$ Include details of:
• any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of any document setting out $\left( 3\right)$ 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
• 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 $[0] % \begin{center} % \includegraphics[width=\linewidth]{imagesSupplemental_3.png} % \end{center} % \caption { % Our method can be used for the use of the image. % Note that the image is the same as the image. % Note that the image is the same as the image. % Note that the image is the same as the image. % Note that the image is the same as the image. % Note that the image is the same as the image. % Note that the image is the same as the image. % Note that the image is the same as the image. % Note that the image is the same as the image. % Note that the image is the same as the image. % Note that the image is the same as the image. % Note that the image is the same as the image. % Note that the image is the same as the image. % Note that the image is the same as the image. % Note that the image is the same as the image. % Note that$ 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 200".

• $(B)$ If the substantial holder is unable to determine the identity of the person (eq. if the relevant interest arises because of an option) write "unknown".
• 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 $(9)$ 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.

Appendix 1

	Date of		Consideration	Consideration
Holder of Relevant Interest	Acquisition	Cash		Non Cash	Class and Number of Securities
Castle Point Funds Management Ltd	12/02/2019 \$		1,602,588.75		2,136,745 Ordinary Shares
Castle Point Funds Management Ltd	14/02/2019 \$		12.441.75		16,589 Ordinary Shares
Castle Point Funds Management Ltd	14/05/2019 \$		482.896.83		587,430 Ordinary Shares
Castle Point Funds Management Ltd	17/05/2019 S		93.097.38		115.303 Ordinary Shares
Castle Point Funds Management Ltd	24/05/2019 \$		320.889.67		397,626 Ordinary Shares
Castle Point Funds Management Ltd	27/05/2019	- 5	1,534,088.50		1,900,000 Ordinary Shares