EXPERIENCE CO LIMITED — Major Shareholding Notification 2018

Nov 13, 2018

Form 603

Corporations Law Section 671B

Notice of initial substantial holder

To Company Name/Scheme Experience Co Limited ACN/ARSN 167 320 470

1. Details of substantial holder(1)

Name Viburnum Funds Pty Ltd (“ Viburnum ”) and each of the parties listed in Annexure A

ACN/ARSN (if applicable) 126 348 990

The holder became a substantial holder on 12 / 11 / 2018

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:

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Class of securities (4) Number of securities Persons' votes (5) Voting power (6)
FPO 39,024,575 39,024,575 7.11%
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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:

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Holder of relevant Nature of relevant interest (7) Class and number
interest of securities
Viburnum Power to (or to control) exercise vote and/or dispose of the 39,024,575 FPO
securities as discretionary investment managers or advisers of shares
superannuation funds, pooled superannuation trusts, managed
investment schemes and investment management agreements.
Viburnum Subsidiaries Relevant interest under section 608(3)(a) and/or 608(3)(b) of the
and Associates referred Corporation Act 2001 (Cth).
to in Annexure A
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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:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Class and number of securities
Viburnum and Viburnum Associates	JP Morgan Nominees Australia Ltd	Viburnum	39,024,575 FPO shares

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)	Consideration (9)	Class and number of securities
		Cash	Non-cash
Viburnum	29/08/18 to 12/11/18	$ 8,793,062		27,057,580 FPO shares

6. Associates

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

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Name and ACN/ARSN (if applicable) Nature of association
Viburnum Subsidiaries (refer to Annexure A) Associates pursuant to section 12(2)(a) of the Corporations Act
Viburnum Associates (refer to Annexure A) Associates pursuant to section 12(2)(c) of the Corporations Act
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7. Addresses

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

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Name Address
Viburnum Funds Pty Ltd 31 Carrington Street, Nedlands, WA, 6009
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	David St Quintin Capacity Company Secretary
Signature print name sign here
	date 14 / 11 / 2018

Annexure A to form 603

This is Annexure A of 1 page referred to in ASIC form 603 (Notice of change of interests of substantial holder), for Experience Co Limited

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David St Quintin Company Secretary 14 November 2018

Viburnum Funds Pty Ltd Subsidiaries (“ Viburnum Subsidiaries ”):

Viburnum Management Pty Ltd (ACN 126 937 424) Viburnum Holdings (Singapore) Pte. Ltd. V3 Trustees Pte. Ltd. V3 Management Pte. Ltd. Viburnum Management Pte. Ltd

Viburnum Funds Pty Ltd Associates (“ Viburnum Associates ”):

Wyllie Funds Management Pty Ltd (ACN 125 989 693) Wyllie Group Pty Ltd (ACN 008 763 120)