ENERO GROUP LIMITED — Major Shareholding Notification 2020

Mar 22, 2020

Form 605

Corporations Law Section 671B

Notice of ceasing to be a substantial holder

To: Company Name/Scheme Enero Group Limited

ACN/ ~~ARSN~~ 091 524 515

1. Details of substantial holder (1)

Name

Bank of America Corporation and its related bodies corporate (See Appendix C)

ACN/ARSN (if applicable):

The holder ceased to be a substantial shareholder on

The previous notice was given to the company on The previous notice was dated

19 March 2020 6 March 2020 4 March 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 to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of Change (4)	Consideration given in relation to change (5)	Class (6) and Number of securities affected	Person’s votes affected
See Appendix 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 ACN/ARSN (if applicable)	Nature of association
N/A	N/A

4. Addresses

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

Name	Addresses
Bank of America Corporation	100 North Tryon Street, Charlotte, North Carolina, 28255, USA
Merrill Lynch (Australia) Futures Ltd	Level 38, Governor Phillip Tower, 1 Farrer Place, Sydney NSW 2000,Australia
Merrill Lynch (Australia) Nominees Pty Ltd	Level 19, 120 Collins St, Melbourne Vic 3000, Australia
Merrill Lynch International (Australia) Ltd	Level 38, Governor Phillip Tower, 1 Farrer Place, Sydney NSW 2000,Australia

SIGNATURE

Print Name: Sign Here:	Kelvin Kwok Capacity: Authorised signatory
	Date: 23 March 2020

Appendix A

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Date of Class (6) of Securities Person's votes
change Person whose relevant interest changed Nature of change (4) Consideration (5) securities affected affected Remark
3/6/2020 Merrill Lynch International (Australia) Limited Securities borrowed N/A Ordinary 574,951 574,951 Refer to App. B
3/10/2020 Merrill Lynch International (Australia) Limited Securities returned N/A Ordinary (574,951) (574,951) Refer to App. B
3/10/2020 Merrill Lynch International (Australia) Limited Securities returned N/A Ordinary (625,049) (625,049) Refer to App. B
3/10/2020 Merrill Lynch International (Australia) Limited Securities returned N/A Ordinary (74,994) (74,994) Refer to App. B
3/12/2020 Merrill Lynch International (Australia) Limited Securities borrowed N/A Ordinary 1,516,570 1,516,570 Refer to App. B
3/13/2020 Merrill Lynch International (Australia) Limited Securities returned N/A Ordinary (3,374) (3,374) Refer to App. B
3/16/2020 Merrill Lynch International (Australia) Limited Securities returned N/A Ordinary (375,000) (375,000) Refer to App. B
3/16/2020 Merrill Lynch International (Australia) Limited Securities returned N/A Ordinary (296,632) (296,632) Refer to App. B
3/17/2020 Merrill Lynch International (Australia) Limited Securities borrowed N/A Ordinary 375,000 375,000 Refer to App. B
3/17/2020 Merrill Lynch International (Australia) Limited Securities returned N/A Ordinary (74,994) (74,994) Refer to App. B
3/18/2020 Merrill Lynch International (Australia) Limited Securities returned N/A Ordinary (375,000) (375,000) Refer to App. B
3/18/2020 Merrill Lynch International (Australia) Limited Securities returned N/A Ordinary (766,570) (766,570) Refer to App. B
3/18/2020 Merrill Lynch International (Australia) Limited Securities returned N/A Ordinary (358,430) (358,430) Refer to App. B
3/18/2020 Merrill Lynch (Australia) Futures Ltd SELL (841,883) Ordinary (825,375) (825,375) N/A
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Appendix B-1: Prescribed information

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Type of agreement International Prime Brokerage Agreement
Parties to agreement Merrill Lynch International, Merrill Lynch International (Australia) Limited and Equity Trustees
Limited As Trustee And Responsible Entity Of Regal Investment Fund
Holder of voting rights Securities borrower. Securities lender may instruct the registered holder to vote on securities.
Are there any No
restrictions on voting
rights?
If yes, detail N/A
Scheduled return date On recall of the securities loan by the securities lender.
(if any)
Does the borrower have Yes
the right to return
early?
If yes, detail Securities borrower will have right to return assets at any time.
Does the lender have Yes
the right to recall
early?
If yes, detail Securities lender will have right to recall assets at any time.
Will the securities be Yes
returned on settlement?
If yes, detail any N/A
exceptions
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Appendix B-2: Prescribed information

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Type of agreement International Prime Brokerage Agreement
Parties to agreement Merrill Lynch International, Merrill Lynch International (Australia) Limited and Regal Funds
Management Pty Limited as Trustee of Regal Australian Long Short Equity Fund
Holder of voting rights Securities borrower. Securities lender may instruct the registered holder to vote on securities.
Are there any No
restrictions on voting
rights?
If yes, detail N/A
Scheduled return date On recall of the securities loan by the securities lender.
(if any)
Does the borrower have Yes
the right to return
early?
If yes, detail Securities borrower will have right to return assets at any time.
Does the lender have Yes
the right to recall
early?
If yes, detail Securities lender will have right to recall assets at any time.
Will the securities be Yes
returned on settlement?
If yes, detail any N/A
exceptions
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Appendix B-3: Prescribed information

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Type of agreement International Prime Brokerage Agreement
Parties to agreement Merrill Lynch International, Merrill Lynch International (Australia) Limited and Regal Funds
Management Pty Limited as Trustee of Atlantic Absolute Return Fund
Holder of voting rights Securities borrower. Securities lender may instruct the registered holder to vote on securities.
Are there any No
restrictions on voting
rights?
If yes, detail N/A
Scheduled return date On recall of the securities loan by the securities lender.
(if any)
Does the borrower have Yes
the right to return
early?
If yes, detail Securities borrower will have right to return assets at any time.
Does the lender have Yes
the right to recall
early?
If yes, detail Securities lender will have right to recall assets at any time.
Will the securities be Yes
returned on settlement?
If yes, detail any N/A
exceptions
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Appendix B-4: Prescribed information

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Type of agreement International Prime Brokerage Agreement
Parties to agreement Merrill Lynch International, Merrill Lynch International (Australia) Limited and SSW-
TRADING GMBH
Holder of voting rights Securities borrower. Securities lender may instruct the registered holder to vote on securities.
Are there any No
restrictions on voting
rights?
If yes, detail N/A
Scheduled return date On recall of the securities loan by the securities lender.
(if any)
Does the borrower have Yes
the right to return
early?
If yes, detail Securities borrower will have right to return assets at any time.
Does the lender have Yes
the right to recall
early?
If yes, detail Securities lender will have right to recall assets at any time.
Will the securities be Yes
returned on settlement?
If yes, detail any N/A
exceptions
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Appendix B-5: Prescribed information

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Type of agreement International Prime Brokerage Agreement
Parties to agreement Merrill Lynch International, Merrill Lynch International (Australia) Limited and Virtu Financial
Asia Pty Ltd
Holder of voting rights Securities borrower. Securities lender may instruct the registered holder to vote on securities.
Are there any No
restrictions on voting
rights?
If yes, detail N/A
Scheduled return date On recall of the securities loan by the securities lender.
(if any)
Does the borrower have Yes
the right to return
early?
If yes, detail Securities borrower will have right to return assets at any time.
Does the lender have Yes
the right to recall
early?
If yes, detail Securities lender will have right to recall assets at any time.
Will the securities be Yes
returned on settlement?
If yes, detail any N/A
exceptions
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Appendix C

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ACN/Registration/Incorporation
Related bodies corporate Incorporated Number
Merrill Lynch (Australia) Futures Limited Australia 003639674
Merrill Lynch International (Australia) Limited Australia 002892846
Merrill Lynch Markets (Australia) Pty. Limited Australia 075587816
Merrill Lynch (Australasia) Pty. Limited Australia 075923894
Bank of America Global Holdings, LLC United States 5169939
BofAML Jersey Holdings Limited Jersey 115831
NB Holdings Corporation United States 2361372
Bank of America Corporation United States N/A628
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