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GARDA PROPERTY GROUP Capital/Financing Update 2019

Nov 28, 2019

64972_rns_2019-11-28_6add9230-d887-4956-a3bd-03ab3f1e73b0.pdf

Capital/Financing Update

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ASX Release

GARDA Property Group (ASX: GDF)

29.11.2019

GDF Completes Internalisation

GARDA Property Group (ASX: GDF) announces that it has successfully completed the internalisation of its management functions ( Internalisation ) through the acquisition of GARDA Capital Group (ASX: GCM).

As part of the Internalisation, units in GARDA Diversified Property Fund were stapled to shares in GARDA Holdings Limited on a one for one basis, forming the GARDA Property Group and making GDF a stapled security.

GARDA Property Group has now acquired all of the securities of GARDA Capital Group from GCM securityholders, in consideration for the allotment and issue of 42,288,002 GDF stapled securities. Following the allotment, the number of stapled securities on issue in GDF is 227,644,361.

New holding statements, reflecting the new stapled entity structure, will be despatched to securityholders today, 29 November 2019. The GDF stapled securities are expect to commence trading on the ASX on a normal T+2 settlement basis from 2 December 2019 under the same ASX ticker ‘GDF’.

Please refer to Attachment 1 for an indicative distribution schedule of securityholders and indicative statement of the top 20 largest securityholders following implementation of the Internalisation.[1]

-End-

For more information please contact:

Matthew Madsen Paul Brown Executive Chairman Manager, Investor Relations GARDA Property Group GARDA Property Group Phone: 07 3002 5300 Phone: 07 3002 5362 [email protected] [email protected]

1 There may be some variances due to trades that have not yet settled. GDF stapled securities have traded on a deferred settlement basis since 20 November 2019.

[email protected] Level 21, 12 Creek Street, Brisbane, QLD, 4000

gardaproperty.com.au

1

+61 7 3002 5300 GPO Box 5270, Brisbane, QLD, 4001

PAGE NUMBER : 1 REPORT DATE : 29/11/2019 REPORT TIME : 06.10.33

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GARDA PROPERTY GROUP

INVESTOR RANGES FRIDAY 29 NOVEMBER 2019

Ranges Investors Securities % Issued Capital

Security Group: ALL ALL GDF

Totals for Security Group ALL

1 to 1000 218 132,183 .06
1001 to 5000 1,214 3,428,957 1.51
5001 to 10000 683 5,077,591 2.23
10001 to 100000 1,638 51,672,466 22.70
100001 and Over 156 167,333,164 73.51
Total 3,909 227,644,361 100.00

end of report

PAGE NUMBER : 1 REPORT DATE : 29/11/2019 REPORT TIME : 06.11.14

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GARDA PROPERTY GROUP

FIRST 20 INVESTORS REPORT

FRIDAY 29 NOVEMBER 2019

Current % Issued
Rank Investor Balance Capital
Sec. Group: ALL - ALL GDF
1 HGT INVESTMENTS PTY LTD 32,063,045 14.08%
2 THE TRUST COMPANY (AUSTRALIA) 21,900,363 9.62%
LIMITED
3 LONGHURST MANAGEMENT SERVICES 11,742,833 5.16%
PTY LTD
4 M3SIT PTY LTD 11,176,546 4.91%
5 J P MORGAN NOMINEES AUSTRALIA 11,107,959 4.88%
PTY LIMITED
6 MADSEN NOMINEES PTY LTD 7,354,958 3.23%
7 MR PETER ZINN 4,989,674 2.19%
8 CITICORP NOMINEES PTY LIMITED 4,864,037 2.14%
9 BNP PARIBAS NOMINEES PTY LTD 3,247,732 1.43%
10 ASIA UNION INVESTMENTS 3,000,000 1.32%
PTY LIMITED
11 HSBC CUSTODY NOMINEES 2,755,579 1.21%
(AUSTRALIA) LIMITED
12 NATIONAL NOMINEES LIMITED 2,693,081 1.18%
13 M3SIT PTY LTD 2,363,538 1.04%
14 AUSTRALIAN EXECUTOR TRUSTEES 2,221,209 .98%
LIMITED

PAGE NUMBER : 2 REPORT DATE : 29/11/2019 REPORT TIME : 06.11.14

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GARDA PROPERTY GROUP

FIRST 20 INVESTORS REPORT FRIDAY 29 NOVEMBER 2019

Current % Issued
Rank Investor Balance Capital
15 HPT 4 SERVICES PTY LTD 2,205,883 .97%
16 JJG EQUITIES PTY LTD 1,600,000 .70%
17 W W B INVESTMENTS PTY LTD 1,480,000 .65%
18 MSW SERVICES PTY LTD 1,400,000 .61%
19 AJT HOLDINGS PTY LTD 1,000,000 .44%
20 ARDNAW PTY LTD 1,000,000 .44%
Investors
TOTAL FOR TOP 20: 130,166,437 20 57.18%
Investors
TOTAL IN THIS REPORT: 130,166,437 20 57.18%
TOTAL OTHER INVESTORS: 97,477,924 3,889 42.82%
GRAND TOTAL: 227,644,361 3,909 100.00%

end of report