HUB24 LIMITED — Major Shareholding Notification 2019

Oct 17, 2019

604 Page 1 of 2 15 July 2001

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme HUB24 LIMITED

ACN/ARSN

124 891 685

1. Details of substantial holder (1)

Name Hyperion Asset Management Limited

ACN/ARSN (if applicable)

080 135 897

There was a change in the interests of the substantial holder on

substantial holder on 16/10/2019 The previous notice was given to the company on 10/07/2019 The previous notice was dated 10/07/2019

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		Present notice
	Person’s votes	Voting power(5)	Person’s votes	Voting power(5)
ORDINARY FULLY PAID	7,172,849	11.51%	6,527,778	10.43%
			REFER TO ANNEXURE A

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of 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
REFER TO ANNEXURE B

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
REFER TO ANNEXURE C

604 Page 2 of 2 15 July 2001

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/ARSN (if applicable)	Nature of association
N/A

6. Addresses

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

Name	Address
REFER TO ANNEXURE D

Signature

print name CALVIN KWOK capacity COMPANY SECRETARY sign here date 18/10/2019

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

• (6) Include details of:

• (a) any relevant agreement or other circumstances because of 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) 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.

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

HUB24 LTD

HUB24 LTD	HUB24 LTD	HUB24 LTD	HUB24 LTD	HUB24 LTD
Annexure A
Holder of relevant interest	Nature of relevant interest	Number of securities	Class of securities
Hyperion Asset Management Limited	Hyperion Asset Management Limited in its capacity as investment manager has the power to control voting and/or disposalofsecurities.	6,527,778	ORDINARY FULLY PAID

This is Annexure "A" as mentioned in form 604 Notice of change of interests of substantial holder

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Calvin Kwok Company Secretary Date: 18/10/2019

Annexure B - Purchases and Sales From 9 July 2019 to 16 October 2019

HUB.ASX

FromDate ToDate Person Whose Relevant Interest Changed 09-Jul-19 16-Oct-19 BNP Paribas Australia Ltd 09-Jul-19 16-Oct-19 Citicorp Nominees Pty Limited 09-Jul-19 16-Oct-19 JP Morgan Chase Nominees Pty Ltd 09-Jul-19 16-Oct-19 National Nominees Ltd 09-Jul-19 16-Oct-19 RBC Investor Services Pty Limited 09-Jul-19 16-Oct-19 State Street Australia Pty Ltd Signed by: Mr C Kwok Capacity: Company Secretary Date: 18-Oct-19

Nature of Change	Consideration	Number of Securites
BUY	6,167,270.68	536,542
SELL	-609,587.07	-51,051
BUY	180,116.62	16,750
SELL	-681,042.50	-61,759
SELL	-11,565,823.63	-943,506
SELL	-1,875,901.63	-142,047
	-8,384,967.53	-645,071

	Annexure C - Registered Holders
	As at: 16-October-19
	HUB.ASX
	Holder ofRelevant 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 holdings
	Hyperion	BNP Paribas Australia Ltd	for the persons or trusts listed beside its name, has the power to control voting and /or the disposal	536,542 Ordinary Full Paid	536,542
			of securities
			Hyperion Asset Management Limited, in its capacity as Investment Manager or in its own holdings
	Hyperion	BNY Mellon Pty Ltd	for the persons or trusts listed beside its name, has the power to control voting and /or the disposal	79,457 Ordinary Full Paid	79,457
			of securities
			Hyperion Asset Management Limited, in its capacity as Investment Manager or in its own holdings
	Hyperion	Citicorp Nominees Pty Limited	for the persons or trusts listed beside its name, has the power to control voting and /or the disposal	216,108 Ordinary Full Paid	216,108
			of securities
			Hyperion Asset Management Limited, in its capacity as Investment Manager or in its own holdings
	Hyperion	JP Morgan Chase Nominees Pty Ltd	for the persons or trusts listed beside its name, has the power to control voting and /or the disposal	534,058 Ordinary Full Paid	534,058
			of securities
			Hyperion Asset Management Limited, in its capacity as Investment Manager or in its own holdings
	Hyperion	National Nominees Ltd	for the persons or trusts listed beside its name, has the power to control voting and /or the disposal	224,958 Ordinary Full Paid	224,958
			of securities
			Hyperion Asset Management Limited, in its capacity as Investment Manager or in its own holdings
	Hyperion	RBC Investor Services Pty Limited	for the persons or trusts listed beside its name, has the power to control voting and /or the disposal	2,765,624 Ordinary Full Paid	2,765,624
			of securities
			Hyperion Asset Management Limited, in its capacity as Investment Manager or in its own holdings
	Hyperion	State Street Australia Pty Ltd	for the persons or trusts listed beside its name, has the power to control voting and /or the disposal	2,171,031 Ordinary Full Paid	2,171,031
			of securities
	Signed by:				6,527,778
		Mr C Kwok
	Capacity:	Company Secretary
	Date:	18-Oct-19

HUB24 LTD Annexure D	HUB24 LTD Annexure D
Name	Address
Hyperion Asset Management Limited	Level 19, 307 Queen St, Brisbane QLD 4000, Australia

This is Annexure "D" as mentioned in form 604 Notice of change of interests of substantial holder

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Calvin Kwok Company Secretary Date: 18/10/2019