IVE GROUP LIMITED — Major Shareholding Notification 2023

Aug 23, 2023

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24 August 2023

ASX Limited 20 Bridge Street, Sydney NSW 2000

By Electronic Lodgement

Dear Sir/Madam

Notice of ceasing to be a substantial holder

Please find attached a Form 605 - Notice of ceasing to be a substantial holder ( Notice ) required to be lodged under the Corporations Act 2001 ( the Act ). The Notice sets out a technical interest which WHSP is deemed to hold under the Act due to holding voting power of more than 20% of the ordinary fully paid shares in Pengana Capital Group Limited (PCG).

This announcement has been authorised for release to the ASX by the Company Secretary.

Yours sincerely

Washington H Soul Pattinson and Company Limited

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David Grbin Company Secretary

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605 page 1/7

15 July 2001

Form 605 Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme

IVE GROUP LIMITED (ASX: IGL)

ACN/ARSN

ACN 606 252 644

1. Details of substantial holder (1)

Name WASHINGTON H. SOUL PATTINSON AND COMPANY LIMITED ( WHSP )

ACN/ARSN (if applicable) ACN 000 002 728

The holder ceased to be a substantial holder on The previous notice was given to the company on The previous notice was dated	18/08/2023
	27/09/2022
	27/09/2022

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

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Person whose Consideration Class (6) and
Date of Nature of number of Person’s votes
change relevant interest change (4) given in relation to securities affected
changed change (5) affected
PCG now has a
Pengana Capital Group Sell down of shares as part of 1,200,000 relevant interest in
18/08/2023
Limited (PCG) regular trading 4.23%
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3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial

h ld i relation to votinginterests in the companyor scheme are as follows: Name and ACN/ARSN(if applicable) Nature of association Pengana Capital Group Limited WHSP holds voting power of more than 20% in PCG	h ld i relation to votinginterests in the companyor scheme are as follows: Name and ACN/ARSN(if applicable) Nature of association Pengana Capital Group Limited WHSP holds voting power of more than 20% in PCG	h ld i relation to votinginterests in the companyor scheme are as follows: Name and ACN/ARSN(if applicable) Nature of association Pengana Capital Group Limited WHSP holds voting power of more than 20% in PCG
	Name and ACN/ARSN(if applicable) Nature of association
	Pengana Capital Group Limited WHSP holds voting power of more than 20% in PCG

page 2/7

4. Addresses

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

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Name Address
WHSP Level 14, 151 Clarence Street, Sydney, NSW 2000
Pengana Capital Group Limited Level 12, 167 Macquarie Street, Sydney, NSW 2000
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Signature

print name sign here	David Grbin capacity Company Secretary date 24/08/2023

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 4 of the form.

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

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

• (4) 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

• (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposalt t h t d 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.

• (5) Details of the consideration must include any and all benefits, moneys 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.

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

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

page 3/7

Annexure A

Form 605 Notice of ceasing to be a substantial holder by Washington H. Soul Pattinson Limited This is Annexure A of 4 pages referred to in Form 605 – Notice of ceasing to be a substantial holder by WHSP Name: David

Grbin Capacity: Company Secretary Signature: Date: 24/08/2023

page 4/7

Annexure A

Holder of relevant interest Class and number of securities Voting Power (%)	Holder of relevant interest Class and number of securities Voting Power (%)	Holder of relevant interest Class and number of securities Voting Power (%)
PCG 6,441,167 Ordinary Fully Paid Shares 4.23%
Total	6,441,167	4.23%

ME_179603865_1

Page 5/7

Form 605

CorporationsAct 2001 Section 671B

Notice of ceasing to be a substantial holder

To Co mpany Name/Scheme IVE Group Limited (ASX:IGL) A CN/ARSN ACN: 606 254 644

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A
1.
A
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1. Details of substantial holder (1)

Name Annexure A A CN/ARSN (if applicable) Annexure A

Th e holder ceased to be a Su bstantialholder on 18 Aug 2023 Th e previous notice was given to the company on 26 Sep 2022 ~~T~~ h e previous notice was dated 26 Sep 2022

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2.
Part
co m
3.
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2. Changes in relevant interests

Part iculars of each change in, or change in the nature of, are levant interest (2) of the substantial holder or an associate (3 ) in voting securities of the ~~co~~ m pany 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 Person whose Nature of Consideration Class(6)and Person's votes change relevant interest change(4) Given in relation number of affected changed to change(5) securities affected	Date of Person whose Nature of Consideration Class(6)and Person's votes change relevant interest change(4) Given in relation number of affected changed to change(5) securities affected	Date of Person whose Nature of Consideration Class(6)and Person's votes change relevant interest change(4) Given in relation number of affected changed to change(5) securities affected	Date of Person whose Nature of Consideration Class(6)and Person's votes change relevant interest change(4) Given in relation number of affected changed to change(5) securities affected	Date of Person whose Nature of Consideration Class(6)and Person's votes change relevant interest change(4) Given in relation number of affected changed to change(5) securities affected	Date of Person whose Nature of Consideration Class(6)and Person's votes change relevant interest change(4) Given in relation number of affected changed to change(5) securities affected
Annexure C

3. Changes in association

The p ersons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holde r in relation voting interests in the company or scheme are as follows:

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Name and ACN/ARSN (if applicable) Nature of association
Not Applicable
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4. Addresses

Th e addresses of persons named in this form are as follows:

Name Address Annexure B Print name Nick Griffiths, Director Date 22 Aug 2023

Signature

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Page 6/7

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Page 7/7

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Pengana Capital Ltd Pengana Capital Ltd Pengana Capital Ltd Pengana Capital Ltd Pengana Capital Ltd Pengana Capital Ltd Pengana Capital Ltd Pengana Capital Ltd

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