DUSK GROUP LIMITED — Major Shareholding Notification 2022

Nov 30, 2022

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme ACN/ARSN 1. Details of substantial holder (1) Name ACN/ARSN (if applicable) The holder became a substantial holder on	Dusk Group Limited (DSK) 603 018 131 Regal Funds Management Pty Ltd and its associates (see Annexure 1) - 29/11/2022

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 the substantial holder became a substantial holder are as follows:

==> picture [402 x 41] intentionally omitted <==

----- Start of picture text -----

Class of securities (4) Number of securities Person's votes (5) Voting power (6)
ORDINARY 3,872,447 3,872,447 6.22%
----- End of picture text -----

*The % substantial is based on the shares on issue of 62,267,865 as disclosed by the Company on 30-09-2022.

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
		REGAL FUNDS MANAGEMENT PTY LIMITED HAS A RELEVANT
REGAL	FUNDS MANAGEMENT PTY LIMITED	INTEREST IN ITS CAPACITY AS INVESTMENT MANAGER AND/OR	3,872,447 ORDINARY
		TRUSTEE
	REGAL PARTNERS LIMITED	CONTROLLER OF REGAL FUNDS MANAGEMENT PTY LIMITED	3,872,447 ORDINARY

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)	Nature of relevant interest (6)	Class and number of securities	Person's votes
			Power to control
Regal Funds Management Pty Ltd and its associates	UBS NOMINEES PTY LTD	UBS AG, AUSTRALIA BRANCH	the exercise of a power to dispose	2,955,231 ORDINARY	2,955,231
			of securities
Regal Funds Management Pty Ltd and its associates	HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED A/C 2	MORGAN STANLEY & CO INTL PLC	Power to control the exercise of a power to dispose	55,283 ORDINARY	55,283
			of securities
			Power to control
Regal Funds Management Pty Ltd and its associates	MERRILL LYNCH (AUS) NOMINEES PTY LTD	MERRILL LYNCH INTERNATIONAL LIMITED	the exercise of a power to dispose	512,835 ORDINARY	512,835
			of securities
			Power to control
Regal Funds Management Pty Ltd and its associates	J.P. MORGAN PRIME NOMINEES LTD	J.P MORGAN SECURITIES PLC	the exercise of a power to dispose	349,098 ORDINARY	349,098
			of securities

5. Consideration

==> picture [430 x 14] intentionally omitted <==

----- Start of picture text -----

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:
----- End of picture text -----

==> picture [443 x 441] intentionally omitted <==

----- Start of picture text -----

Holder of relevant interest Date of acquisition Consideration (9) Class and number of securities
See Annexure 2
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
REGAL PARTNERS LIMITED 100% OWNER OF REGAL FUNDS MANAGEMENT PTY LIMITED
7. 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
print name Kenny Ho capacity Company Secretary
sign here date 1/12/2022
Annexure 1
Details of Substantial Holders
ACN Name
107 576 821 REGAL FUNDS MANAGEMENT PTY LIMITED
129 188 450 REGAL PARTNERS LIMITED
----- End of picture text -----

Annexure 2

Consideration

==> picture [444 x 104] intentionally omitted <==

----- Start of picture text -----

Consideration
given in Number of Persons
relation to securities Class of votes
Date Person whose relevant interest changed Nature of Change change affected securities affected
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
8/09/2022 Management Pty Limited) Buy 3449889.65 1682873 Ordinary 1682873
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
29/11/2022 Management Pty Limited) Buy 5018506.20 2788059 Ordinary 2788059
----- End of picture text -----