HUB24 LIMITED — Major Shareholding Notification 2017

Jan 16, 2017

THORNEY TECHNOLOGIES LTD
ABN: 66 096 782 188

CROSS RELEASE ASX: HUB

17 January 2017

BY ASX ONLINE - 4 pages

Manager Company Announcements
ASX Limited
Level 10
20 Bond Street
SYDNEY  NSW  2000

Dear Sir/Madam,

Notice of initial of substantial holder
HUB24 Limited [ASX:HUB]

Following is a Form 603 Notice ofinitial substantial holder dated 17
January 2017 in accordance with section 671B of the Corporations Act
2001.

Yours sincerely,

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CRAIG SMITH ACIS, CPA Secretary

Level 39, 55 Collins Street, Melbourne Vic 3000
Telephone + 61 3 9921 7116   Facsimile + 61 3 9921 7100

Form 603

Corporations Act 2001
Section 671B

Notice of initial substantial holder

To: company name/scheme HUB24 LIMITED

ABN: 87 124 891 685

1. Details of substantial holder

Name Thorney Technologies Ltd and each of the entities listed in the attached Annexure ‘A’ to this notice hereinafter referred to as Thorney Investment Group .

ACN (if applicable) 096 782 188

The holder became a substantial holder on

11-Jan-17

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 had a relevant interest in on the date the
substantial holder became of substantial holder are as follows:

Class of Securities	Number of securities	Person’s votes	Voting power
Ordinary shares	9,480,000	9,480,000	17.73%

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:

Holder of relevant interest	Nature of relevant interest	Class and number of securities
Thorney Technologies Ltd	Beneficial owner of voting shares	59,690 ordinary shares
Thorney Investment Group	Beneficial owner of voting shares	9,420,310 ordinary shares
	Deemed relevant interest in shares held by Thorney Technologies Ltd by virtue of section 608(3)(b) of the Corporations Act 2001	59,690 ordinary shares

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	Class and number of securities
Thorney Technologies Ltd	Thorney Technologies Ltd	Thorney Technologies Ltd	59,690 ordinary shares
Thorney Investment Group	HSBC Custody Nominees (Australia) Ltd	Thorney Holdings Proprietary Limited	4,797,000 ordinary shares
	UBS Nominees Pty Ltd	Tiga Trading Pty Ltd	3,143,310 ordinary shares
	Jasforce Pty Ltd	Jasforce Pty Ltd	1,480,000 ordinary 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			Class and number of securities
	Date of acquisition	Cash consideration
Thorney Technologies Ltd	11-Jan-17	As per Asset Sale Agreement	59,690 ordinary shares

6. Associates

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

Name	Nature of association
Thorney Investment Group (including Tiga Trading Pty Ltd, Thorney Holdings Proprietary Limited and Jasforce Pty Ltd)	Associates under section 12 of the Corporations Act 2001 for the purpose of this investment

7. Addresses

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

Name	Address
Thorney Technologies Ltd	Level 39, 55 Collins Street, Melbourne 3000
Thorney Investment Group	Refer Annexure ‘A’

Signature

Print name CRAIG SMITH Capacity SECRETARY Sign here Date 17 January 2017

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ANNEXURE ‘A’

This is Annexure A referred to in the Form 603 Notice of initial substantial
holder signed by me and dated 17 January 2017.

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.........................................

CRAIG SMITH
Secretary

THORNEY INVESTMENT GROUP - ENTITY DETAILS

Entity	Address
Jamahjo Pty Ltd, ACN 117 488 696	c/- TWF Partners, Level 4, 25 Claremont Street, South Yarra, 3141
Jasforce Pty Ltd, ACN 007 167 713	C/- TWF Partners, Level 4, 25 Claremont Street, South Yarra, 3141
Thistle Custodians Pty Ltd, ACN 078 027 193	Level 39, 55 Collins Street, Melbourne 3000
Thistle Holdings Pty Ltd, ACN 075 051 464	Level 39, 55 Collins Street, Melbourne 3000
Thorney Alpha Pty Ltd, ACN 162 820 537	Level 39, 55 Collins Street, Melbourne 3000
Thorney Beta Pty Ltd, ACN 162 828 677	Level 39, 55 Collins Street, Melbourne 3000
Thorney Holdings Pty Ltd, ACN 006 262 835	Level 39, 55 Collins Street, Melbourne 3000
Thorney International Pty Ltd, ACN 132 886 698	Level 39, 55 Collins Street, Melbourne 3000
Thorney Investment Group Australia Pty Ltd, ACN 117 488 892	Level 39, 55 Collins Street, Melbourne 3000
Thorney Management Services Pty Ltd, ACN 164 880 148	Level 39, 55 Collins Street, Melbourne 3000
Thorney Omega Pty Ltd, ACN 163 964 636	Level 39, 55 Collins Street, Melbourne 3000
Tiga Property Pty Ltd, ACN 117 811 453	Level 39, 55 Collins Street, Melbourne 3000
Tiga (Ballarat) Pty Ltd, ACN 117 812 030	Level 39, 55 Collins Street, Melbourne 3000
Tiga Finance Pty Ltd, ACN 118 521 412	Level 39, 55 Collins Street, Melbourne 3000
Tiga (Hawthorn) Pty Ltd, ACN 126 952 663	Level 39, 55 Collins Street, Melbourne 3000
Tiga Tails Pty Ltd, ACN 080 534 416	Level 39, 55 Collins Street, Melbourne 3000
Tiga Trading Pty Ltd, ACN 118 961 210	Level 39, 55 Collins Street, Melbourne 3000