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FRONTIER DIGITAL VENTURES LIMITED Major Shareholding Notification 2020

Oct 19, 2020

64907_rns_2020-10-19_0b1763a4-75e3-44ee-b8a3-78953d1caadc.pdf

Major Shareholding Notification

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Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To: Company Name/Scheme Frontier Digital Ventures Ltd

ACN/ARSN 609 183 959

1. Details of substantial holder (1)

Name Catcha Group Pte Ltd

ACN (if applicable)

There was a change in the interests of the substantial holder on: 16 October 2020

The previous notice was given to the company on: 29 June 2018 The previous notice was dated: 29 June 2018

2. Previous and present 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 when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of Securities
(4)
Previous notice Previous notice Present notice Present notice
Person's votes Voting power (5) Person's votes Voting power (5)
Ordinary Shares 88,124,551 36.14% 90,924,551 26.9%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest or the substantial holder or an associate 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 (6) Consideration given
in relation to change
(7)
Class and number
of securities
affected
Person's votes
affected
16/10/2020 Catcha Group
Pte Ltd
Issuance of New Shares $3,500,000 2,800,000 2,800,000

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4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change 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
Catcha Group
Pte Ltd
Catcha Group Pte
Ltd
N/A Registered Holder under
Section 608(1)(a) of the
Corporations Act 2001
90,924,551
fully paid
ordinary
shares
90,924,551 fully
paid ordinary shares
Patrick Grove Catcha Group Pte
Ltd
N/A Relevant interest in shares
that Catcha Group Pte Ltd
has an interest in under
Section 608(3) of the
Corportions Act as Patrick
Grove is the effective
controller of 80% of the
issued share capital of
Catcha Group Pte Ltd.
90,924,551
fully paid
ordinary
shares
90,924,551 fully
paid ordinary shares
Lucas Elliott Catcha Group Pte
Ltd
N/A Lucas Elliott is an
associate of Patrick Grove
90,924,551
fully paid
ordinary
shares
90,924,551 fully
paid ordinary shares

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN (if applicable) Nature of association
N/A N/A

6. Addresses

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

Name Address
Catcha Group Pte Ltd 3 Raffles Place #06-01 Bharat Building 048617 Singapore
Patrick Grove c/o Catcha Group Pte Ltd, 3 Raffles Place #06-01 Bharat Building 048617 Singapore
Lucas Elliott c/o Catcha Group Pte Ltd, 3 Raffles Place #06-01 Bharat Building 048617 Singapore

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Directions

1.

2.

3.

4.

5.

If there are a number of substantial shareholders 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 6 of the form.

See the definition of "associate" in section 9 of the Corporations Act 2001.

See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

The voting shares of a company constitute one class unless divided into separate classes.

The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

Include details of:

(a) any relevant agreement or other circumstances by which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any 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

  • (b) 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 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.

7.

9.

Details of the consideration must include any and all benefits, 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 acquired.

If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".

Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

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