EMERALD RESOURCES NL — Regulatory Filings 2021

Apr 13, 2021

R U $\boldsymbol{R}$

Ruffer LLP 80 Victoria Street London SW1E 5JL Fax +44 (0)20 7963 8175 www.ruffer.co.uk

12 April 2021

The Manager Company Announcements Office ASX Limited 20 Bridge Street Sydney NSW 2000

By electronic lodgement

Dear Sir/Madam

Re: Notice of ceasing to be a substantial holder - Emerald Resources Limited

We enclose notice of ceasing to be a substantial holder in Emerald Resources Limited. This notice is given by Ruffer LLP.

Yours faithfully

AN A

Tony Allen Compliance Manager

Attach.

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme	Emerald Resources Limited
ACN/ARSN	009 795 045
1. Details of substantial holder(1)
Name CAN/ARSN (if applicable)	Ruffer LLP
The holder ceased to be a substantial holder on	09/04/2021
The previous notice was given to the company The previous notice was dated	23/03/2020 23/03/2020

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

Date of change	Person whose relevant interest	Nature of change (4)	Consideration given in relation to change(5)	Class (6) ang number of	Person's votes affected
	See Annexure A

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 CAN/ARSN (if applicable)	Nature of association
N/A	υψ, 1……………………………………………………………………………………………………

4. Addresses

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

_________
Name --------------------------------------- ------- ---------------------------------------	Address
P Ruffer, - 1.1.1	. SW1E 5JL. 80 Victoria Street, London,

Signature

print name Tony Allen

capacity Compliance Manager

محمصيهم

$\overline{\mathscr{F}}$ sign here

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.
• $\langle 3 \rangle$ See the definition of "associate" in section 9 of the Corporations Act 2001.
• $(4)$ Include details of:
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any $(a)$ 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
• 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 $(b)$ 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 banefits, 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 its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acoulred.
• $(6)$ The voting shares of a company constitute one class unless divided into separate classes.
• Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. $(7)$

GUIDE This guide does not form part of the prescribed form and is included by ASIC to assist you in completing and lodging form 605.

Information in this guide is intended as a guide only. Please consult your accountant or solicitor for further advice.

$\overline{\mathscr{A}}$

Annexure A

This is Annexure A of 4 pages referred to in Form 604 – Notice of change of interests of substantial holder.

Date of change	Person whose relevant interest changed	Nature оf change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
05/03/2021	Ruffer LLP	Sale of ordinary shares	AUD 456,000.00	600,000 Ordinary Shares	600,000
08/03/2021	Ruffer LLP	Sale of ordinary shares	AUD 58,137.56	75,337 Ordinary Shares	75,337
10/03/2021	Ruffer LLP	Sale of ordinary shares	AUD 95,585.58	120,872 Ordinary Shares	120,872
11/03/2021	Ruffer LLP	Sale of ordinary shares	AUD 20,308.74	25,871 Ordinary Shares	25,871
12/03/2021	Ruffer LLP	Sale of ordinary İshares	AUD 20,991.01	26,206 Ordinary Shares	26,206
15/03/2021	Ruffer LLP	Sale of ordinary shares	AUD 38,137.09	47,446 Ordinary Shares	47,446
16/03/2021	Ruffer LLP	Sale of ordinary ishares	AUD 60,020.10	74,997 Ordinary Shares	74,997
17/03/2021	Ruffer LLP	Sale of ordinary shares	AUD 682.40	853 Ordinary Shares	853
18/03/2021	Ruffer LLP	Sale of ordinary shares	AUD 25,897.36	31,586 Ordinary Shares	31,586
19/03/2021	Ruffer LLP	Sale of ordinary shares	AUD 1,160,804.28	1,464,183 Ordinary Shares	1,464,183
22/03/2021	Ruffer LLP	Sale of ordinary shares	AUD 58,108.82	72,482 Ordinary Shares	72,482
23/03/2021	Ruffer LLP	Sale of ordinary shares	AUD 9,854.52	12,006 Ordinary Shares	12,006
24/03/2021	Ruffer LLP	Sale of ordinary shares	AUD 107,748.76	133,435 Ordinary Shares	133,435

25/03/2021	Ruffer LLP	Sale of ordinary shares	AUD 53,752.74	67,605 Ordinary Shares	67,605
29/03/2021	Ruffer LLP	Sale of ordinary shares	AUD 79,641.66	102,631 Ordinary Shares	102,631
01/04/2021]	Ruffer LLP	Sale of ordinary shares	AUD 24,400.70	31,183 Ordinary Shares	31,183
09/04/2021	Ruffer LLP	Sale of ordinary shares	AUD 250,306.16	307,577 Ordinary Shares	307,577

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