HUB24 LIMITED — Major Shareholding Notification 2018

Aug 6, 2018

603 Page 1 of 2 15 July 2001

Form 603

Corporations Act 2001

Section 671B

Notice of initial substantial holder

To Company Name/Scheme HUB24 Limited

ACN/ARSN ACN 124 891 685

1. Details of substantial holder (1)

Name HYPERION ASSET MANAGEMENT LIMITED

ACN/ARSN (if applicable) ACN 080 135 897

The holder became a substantial holder on 03 / 08 / 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:

Class of securities (4)	Number of securities	Person's votes (5)	Voting power (6)
ORDINARY FULLY PAID	3,693,858	3,693,858	6.0%

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 (7)	Class and number of securities
HYPERION ASSET MANAGEMENT LIMITED	HYPERION ASSET MANAGEMENT LIMITED IN ITS CAPACITY AS INVESTMENT MANAGER HAS THE POWER TO CONTROL VOTING AND/OR DISPOSAL OF SECURITIES	3,693,858 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 (8)	Class and number of securities
Refer to Annexure A

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
Refer to Annexure B

603 Page 2 of 2 15 July 2001

6. Associates

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

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

7. Addresses

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

Name	Address
HYPERION ASSET MANAGEMENT LIMITED	Level 19, 307 Queen St Brisbane QLD 4000

Signature

ure
print name sign here	CALVIN KWOK capacity COMPANY SECRETARY
	date 07/08/2018

DIRECTIONS

• (1) If there are a number of substantial holders 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 7 of the form.

• (2) See the definition of "associate" in section 9 of the Corporations Act 2001.

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

• (4) The voting shares of a company constitute one class unless divided into separate classes.

• (5) The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.

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

• (7) Include details of:

• (a) any relevant agreement or other circumstances by which the relevant interest was acquired. 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.

• (8) 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".

• (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.

Annexure A - Registered Holders As at: 03-August-18 HUB.ASX

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HUB.ASX
Holder of Relevant Interest	Registered Holder of Security	Nature of Relevant Interest	Class and Number of Securities	Personal Votes
		Hyperion Asset Management Limited, in its capacity as Investment Manager or in its own
Hyperion	Citicorp Nominees Pty Limited	holdings for the persons or trusts listed beside its name, has the power to control voting and	203,549 Ordinary Full Paid	203,549
		/or the disposal of securities
		Hyperion Asset Management Limited, in its capacity as Investment Manager or in its own
Hyperion	JP Morgan Chase Nominees Pty Ltd	holdings for the persons or trusts listed beside its name, has the power to control voting and	298,229 Ordinary Full Paid	298,229
		/or the disposal of securities
		Hyperion Asset Management Limited, in its capacity as Investment Manager or in its own
Hyperion	National Nominees Ltd	holdings for the persons or trusts listed beside its name, has the power to control voting and	118,795 Ordinary Full Paid	118,795
		/or the disposal of securities
		Hyperion Asset Management Limited, in its capacity as Investment Manager or in its own
Hyperion	RBC Investor Services Pty Limited	holdings for the persons or trusts listed beside its name, has the power to control voting and	2,140,316 Ordinary Full Paid	2,140,316
		/or the disposal of securities
		Hyperion Asset Management Limited, in its capacity as Investment Manager or in its own
Hyperion	State Street Australia Pty Ltd	holdings for the persons or trusts listed beside its name, has the power to control voting and	932,969 Ordinary Full Paid	932,969
		/or the disposal of securities
Signed by:				3,693,858
	Mr C Kwok
Capacity:	Company Secretary
Date:	07-Aug-18

Annexure B - Consideration From 23 May 2018 to 3 August 2018

HUB.ASX

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HUB.ASX
From Date	To Date	Person Whose Relevant Interest Changed	Nature of Change	Consideration	Number of Securites
23-May-18	03-Aug-18	Citicorp Nominees Pty Limited	BUY	930,400.91	84,497
23-May-18	03-Aug-18	JP Morgan Chase Nominees Pty Ltd	BUY	1,398,010.18	126,486
23-May-18	03-Aug-18	National Nominees Ltd	BUY	385,654.68	36,018
23-May-18	03-Aug-18	RBC Investor Services Pty Limited	BUY	124,914.13	61,021
23-May-18	03-Aug-18	State Street Australia PtyLtd	BUY	4,269,888.43	390,430
Signed by:				7,108,868.33	698,452

Mr C Kwok Capacity: Company Secretary Date: 07-Aug-18