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HUMM GROUP LIMITED Major Shareholding Notification 2013

Jan 28, 2013

65078_rns_2013-01-28_c68f851f-0f82-4295-86a8-d57810913dc9.pdf

Major Shareholding Notification

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29th January 2013

The Manager Market Announcements Office ASX Limited By fax 1300 135 638

Dear Sir/Madam

FlexiGroup Limited (ACN 122 574 583)

Notice of initial substantial holder: Form 603

Please find attached a Form 603 (Notice of initial substantial holder) in relation to shares in FlexiGroup Limited (ACN 122 574 583), lodged on behalf of Bennelong Funds Management Group Pty Ltd (ACN 144 676 344) in accordance with section 671B of the Corporations Act 2001.

Yours sincerely

Úeff Phillips∶ Chief Financial Officer Enci

Form 603

Corporations Act 2001

Section 671B

Notice of initial substantial holder

To: FlexiGroup Limited ABN: 122 574 583 ASX Code: FXL

1. Details of substantial holder

Name: Bennelong Funds Management Group Pty Ltd ACN: 144 676 344

This notice is given by Bennelong Funds Management Group Pty Ltd on behalf of itself and its subsidiaries.

21st January 2013 The holder became a substantial shareholder on:

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 a substantial holder are as follows:

Class of securities Number of
securities
Person's votes Voting power
Ordinarv 14,629.575 14,629,575 5.1425%

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
Bennelong Fund Investment Manager 14,629,575
Management Group Pty
Ltd

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
Persons entitled
to be registered
as holder
Class and number of
securities
Bennelong Funds Management
Group Pty Ltd
HSBC 2,175,898 Ordinary Shares
Bennelong Funds Management
Group Pty Ltd
BNP 7,888,139 Ordinary Shares
Bennelong Funds Management
Group Pty Ltd
NAB Asset Servicing 3,838,465 Ordinary shares
Bennelong Funds Management
Group Pty Ltd
JP Morgan 727,073 Ordinary shares

The custodians in the table above hold shares in FXL as custodian and for which companies in the Bennelong Funds Management Group are either:

  • $\bullet$ . the responsible entity or trustee of pooled investment products such as registered managed investment schemes (Funds); or
  • the investment manager of Portfolios held for a number of institutional investors. The institutional investors are generally superannuation funds regulated under the Superannuation Industry Supervision Act 1993.

The holding of shares in FXL was acquired as part of the wide portfolio of Australian shares and units acquired for the Funds and the Portfolios.

The members of the Bennelong Funds Management Group and the Custodians may hold relevant interests due to the capacity of these entities to dispose of the shares in FXL.

Each investor in a Fund owns an undivided interest in the Fund's assets, no client directly owns any asset of the Fund. The unitholding of each Fund varies from time to time as clients enter and withdraw from the Funds. The various institutional investors with portfolios delegate the management of the portfolios to the members of the Bennelong Funds Management Group.

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:

Consideration
Holder of relevant Interest Date of Acquisition Cash Non-cash Class and number
of securities
4 months prior to
Bennelong Funds date of substantial 14,629,575
Management Group Pty Ltd position Ordinary shares

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
Not Applicable

7. Addresses

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

Name Address
Bennelong Funds Management Group Level 2, 9 Queen Street, Melbourne VIC
Pty Ltd 3000

Signature

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