CRYOSITE LIMITED — Major Shareholding Notification 2021

Mar 14, 2021

Corporations Act 2001

Form 603

Section 671B

Notice of initial substantial shareholder

To Company Name/Scheme: Cryosite Limited ABN/ARSN 86 090 919 476

1. Details of substantial shareholder (1)

Name DMX Asset Management Limited ACN/ARSN (if applicable) 169 381 908

The holder became a substantial shareholder on 11/03/2021

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 (2) had a relevant interest (3) in on the date that the substantial shareholder became a substantial shareholder are as follows:

Class of securities (4)	Number of securities	Persons votes (5)	Voting power (6)
Ordinary Shares	2,770,973	2,770,973	5.91%

3. Details of the relevant interests

The nature of the relevant interest the substantial shareholder or an associate had in the following voting securities on the date the substantial shareholder became a substantial shareholder are as follows:

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Holder of relevant interest Nature of relevant interest (7) Class and number of securities
Power to vote and/or dispose securities
DMX Asset Management Ltd pursuant to investment management 2,770,973 Ordinary Shares
agreements
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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:

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Holder of relevant interest Registered holder of Person entitled to be Class and number of
securities registered as holder (8) securities
DMX Asset Management Ltd DMX Capital Partners Ltd DMX Capital Partners Ltd 2,240,973 Ordinary Shares
National Nominees Ltd as
DMX Asset Management Ltd custodian of the DMX Australian National Nominees Ltd 530,000 Ordinary Shares
Shares Fund
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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 shareholder became a substantial shareholder is as follows:

Holder of relevant interest	Date of acquisition	Cash consideration	Class and number of
			securities
DMX Asset Management Ltd	8/03/2021	$36,099.00	200,000 Ordinary Shares
DMX Asset Management Ltd	9/03/2021	$49,350.34	289,500 Ordinary Shares
DMX Asset Management Ltd	10/03/2021	$40,451.62	251,473 Ordinary Shares
DMX Asset Management Ltd	11/03/2021	$254,197.13	1,500,000 Ordinary Shares
DMX Asset Management Ltd	11/03/2021	$90,347.78	530,000 Ordinary Shares

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial shareholder are as follows:

Name and ACN/ARSN (if applicable) Nature of association

7. Addresses

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

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Name Address
DMX Asset Management Ltd PO Box 916, Milsons Point, NSW 1565
DMX Capital Partners Ltd PO Box 916, Milsons Point, NSW 1565
National Nominees Ltd GPO Box 1406, Melbourne, VIC 3001
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Signature

Print name	Steven McCarthy	Capacity	Director
Sign here		Date	15/03/2021