LARK DISTILLING CO. LTD — Major Shareholding Notification 2020

Sep 22, 2020

Corporations Act 2001

Form 604

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme Lark Distilling Co. Ltd (LRK) ACN 104 600 544

1. Details of substantial holder (1)

Name Quality Life Pty Ltd ACN 009 518 003

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

substantial holder on 23/09/2020 The previous notice was given to the company on 19/12/2019 The previous notice was dated 18/12/2019

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	Previous Notice	Present notice	Present notice
	Person’s votes	Voting power (5)	Person’s votes	Voting power (5)
Ordinary	212,703,139 (on a pre- share capital consolidation basis)	13.04%	7,156,769 (on a post-share capital consolidation basis)	11.45%*

*** The substantial holder’s voting power in the Company, which is expressed on the basis of shareholdings following a consolidation of LRK’s share capital which took effect on 15 April 2020, has been reduced as a result of diluting share issues by LRK. A diluting share issue resulting in a change to the substantial holder’s voting power of greater than 1% occurred on 23 September 2020.**

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)	Consideratio n given in relation to change (7)	Class and number of securities affected	Person’s votes affected
13/03/2020	Quality Life Pty Ltd Neill\ Family\ Trust>	On-market purchase.	$30,999.11	Fully paid ordinary shares.	1,000,000
16/03/2020	Quality Life Pty Ltd Neill\ Family\ Trust>	On-market purchase.	$30,077.99	Fully paid ordinary shares.	1,000,000

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
Quality Life Pty Ltd the\ Neill\ Family\ Trust>	Quality Life Pty Ltd the\ Neill\ Family Trust>	Quality Life Pty Ltd the\ Neill\ Family Trust>	Relevant interest under s608(1) of Corporations Act	6,308,084 Ordinary Shares	6,308,084
Quality Life Pty Ltd the\ Neill\ Family\ Trust>	Quality Life Pty Ltd Viking\ Fund>	Quality Life Pty Ltd the\ Neill\ Family Trust>	Relevant interest under s608(1) of Corporations Act	416,499 Ordinary Shares	416,499
Quality Life Pty Ltd the\ Neill\ Family\ Trust>	Peppermint Bay Pty Ltd (ACN 101 784 070)	Quality Life Pty Ltd the\ Neill\ Family Trust>	Relevant interest under s608(1) of Corporations	398,853 Ordinary Shares	398,853
Quality Life Pty Ltd the\ Neill\ Family\ Trust>	Penelope June Clive Family Trust>	Quality Life Pty Ltd the\ Neill\ Family Trust>	Relevant interest under s608(1) of Corporations Act	33,333 Ordinary Shares	33,333

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
Nil	Nil

6. Addresses

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

Name	Address
Quality Life Pty Ltd Trust>	91-93 Macquarie Street, Hobart TAS 7000
Quality Life Pty Ltd	91-93 Macquarie Street, Hobart TAS 7000
Peppermint Bay Pty Ltd (ACN 101 784 070)	91-93 Macquarie Street, Hobart TAS 7000
Penelope June Clive Trust>	91-93 Macquarie Street, Hobart TAS 7000

Signature

print name Bruce Neill capacity Director sign here date 23 / 09 /2020