LGI LIMITED — Major Shareholding Notification 2024

Feb 13, 2024

603 Page 1 of 2 15 July 2001

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme LGI Limited (ASX: LGI) ACN/ARSN ACN: 138 085 551

1. Details of substantial holder (1)

Name ACN/ARSN (if applicable)

Wilson Asset Management Group (refer entities listed in Annexure A)

The holder became a substantial holder on 12/02/24

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)
OrdinaryShares	4,660,173	4,660,173	5.28%

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:

substantial holder are as follows:
Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
Annexure B

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
Annexure B

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
Annexure C

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:

The addresses of persons named in this form 7. Addresses	are as follows:
Name	Address
Annexure A

Signature

print name Kim Heng capacity Chief Operations Officer sign here date 14/02/24

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)

(3)

See the definition of "associate" in section 9 of the Corporations Act 2001.

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)

• (7)

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

(9)

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".

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.

Page 1

Annexure A

1. Details of Substantial Holder

Wilson Asset Management Group

Name	ACN / ARSN
Wilson Asset Management(International)PtyLimited	(ACN 081 047 118)
MAM PtyLimited	(ACN 100 276 542)
WAM Capital Limited	(ACN 086 587 395)
WAM Research Limited	(ACN 100 504 541)
WAM Active Limited	(ACN 126 420 719)
Botanical Nominees PtyLimited ATF Wilson Asset Management EquityFund	(ACN 081 032 000)
WAM Leaders Limited	(ACN 611 053 751)
WAM MicrocapLimited	(ACN 617 838 418)
WAM Global Limited	(ACN 624 572 925)
WAM Strategic Value Limited	(ACN 649 096 220)
WAM Alternative Assets Limited	(ACN 168 941 704)
Wilson Asset Management Leaders Fund	(ARSN 663 806 228)

7. Addresses

Name	Address
Wilson Asset Management(International)PtyLimited	Level 26,1 Farrer Place,Sydney,NSW 2000
MAM PtyLimited	Level 26,1 Farrer Place,Sydney,NSW 2000
WAM Capital Limited	Level 26,1 Farrer Place,Sydney,NSW 2000
WAM Research Limited	Level 26,1 Farrer Place,Sydney,NSW 2000
WAM Active Limited	Level 26,1 Farrer Place,Sydney,NSW 2000
Botanical Nominees PtyLimited ATF Wilson Asset Management EquityFund	Level 26,1 Farrer Place,Sydney,NSW 2000
WAM Leaders Limited	Level 26,1 Farrer Place,Sydney,NSW 2000
WAM MicrocapLimited	Level 26,1 Farrer Place,Sydney,NSW 2000
WAM Alternative Assets Limited	Level 26,1 Farrer Place,Sydney,NSW 2000
WAM Strategic Value Limited	Level 26,1 Farrer Place,Sydney,NSW 2000
WAM Global Limited	Level 26,1 Farrer Place,Sydney,NSW 2000
Wilson Asset Management Leaders Fund	Level 26,1 Farrer Place,Sydney,NSW 2000
Citigroup Pty Limited	Level 21, 2 Park Street, Sydney NSW 2000

This is Annexure A of 1 pages referred to in Form 603 - Notice of initial substantial holder.

Signed: _____

Date: 14/02/24

Page 1

Annexure B

3. Details of relevant interests & 4. Details of present registered holders

Refer to Annexure A for the name and ACN's of the Wilson Asset Management Group members.

Holder of relevant interest	Registered holder of securities	Nature of relevant interest (7)	Person entitled to be registered as a holder (8)	Number of securities	Class of securities
Botanical Nominees Pty Limited ATF Wilson Asset Management Equity Fund	Citigroup Pty Limited	Management of the portfolio of Botanical Nominees Pty Limited ATF Wilson Asset Management Equity Fund	Botanical Nominees Pty Limited ATF Wilson Asset Management Equity Fund	41,477	Ordinary shares
WAM Capital Limited	Citigroup Pty Limited	Management of the portfolio of WAM Capital Limited	WAM Capital Limited	1,622,627	Ordinary shares
WAM Microcap Limited	Citigroup Pty Limited	Management of the portfolio of WAM Microcap Limited	WAM Microcap Limited	2,593,533	Ordinary shares
WAM Research Limited	Citigroup Pty Limited	Management of the portfolio of WAM Research Limited	WAM Research Limited	402,536	Ordinary shares

This is Annexure B of 1 pages referred to in Form 603 - Notice of initial substantial holder.

Signed: _____

Date: 14/02/24

Page 1

Annexure C

5. Consideration

Refer to Annexure A for the name and ACN's of the Wilson Asset Management Group members.

Holder of relevant interest	Date of aquisition	Cash consideration ($)	Amount of securities	Class of securities
WAM Microcap Limited	16/10/23	-44,915.64	21,396	Ordinary shares
WAM Microcap Limited	17/10/23	-2,116.24	1,020	Ordinary shares
WAM Microcap Limited	18/10/23	-26,130.91	12,596	Ordinary shares
WAM Microcap Limited	31/10/23	-69,945.35	34,433	Ordinary shares
WAM Microcap Limited	01/11/23	-1,805.62	902	Ordinary shares
WAM Microcap Limited	02/11/23	-11,784.23	5,920	Ordinary shares
WAM Microcap Limited	03/11/23	-20,524.29	10,000	Ordinary shares
WAM Microcap Limited	06/11/23	-99.98	49	Ordinary shares
WAM Microcap Limited	10/11/23	-1.99	1	Ordinary shares
WAM Microcap Limited	13/11/23	-24,408.07	12,258	Ordinary shares
WAM Microcap Limited	14/11/23	-7,253.95	3,621	Ordinary shares
WAM Microcap Limited	15/11/23	-43,214.19	20,613	Ordinary shares
WAM Microcap Limited	30/11/23	-36,156.13	17,684	Ordinary shares
WAM Microcap Limited	12/12/23	-100,445.46	50,000	Ordinary shares
WAM Microcap Limited	20/12/23	-24,471.42	12,240	Ordinary shares
WAM Microcap Limited	22/12/23	-4,156.39	2,142	Ordinary shares
WAM Microcap Limited	27/12/23	-8,459.23	4,249	Ordinary shares
WAM Microcap Limited	28/12/23	-6,417.46	3,215	Ordinary shares
WAM Microcap Limited	10/01/24	-16,237.18	8,544	Ordinary shares
WAM Microcap Limited	15/01/24	-1,753.51	889	Ordinary shares
WAM Microcap Limited	16/01/24	-30,530.40	15,408	Ordinary shares
WAM Microcap Limited	17/01/24	-8,035.43	4,078	Ordinary shares
WAM Microcap Limited	23/01/24	-5,430.33	2,755	Ordinary shares
WAM Microcap Limited	24/01/24	-119,962.66	60,000	Ordinary shares
WAM Microcap Limited	05/02/24	-187,406.95	91,103	Ordinary shares
WAM Microcap Limited	06/02/24	-195,194.70	92,810	Ordinary shares
WAM Microcap Limited	07/02/24	-90,684.58	43,112	Ordinary shares
Botanical Nominees Pty Limited ATF Wilson Asset Management Equity Fund	08/02/24	-1,835.10	873	Ordinary shares
WAM Capital Limited	08/02/24	-71,821.17	34,167	Ordinary shares
WAM Microcap Limited	08/02/24	-11,393.18	5,420	Ordinary shares
WAM Research Limited	08/02/24	-17,785.55	8,461	Ordinary shares
Botanical Nominees Pty Limited ATF Wilson Asset Management Equity Fund	09/02/24	-773.82	368	Ordinary shares
WAM Capital Limited	09/02/24	-30,246.15	14,384	Ordinary shares
WAM Microcap Limited	09/02/24	-4,798.51	2,282	Ordinary shares
WAM Research Limited	09/02/24	-7,490.05	3,562	Ordinary shares
Botanical Nominees Pty Limited ATF Wilson Asset Management Equity Fund	12/02/24	-52,115.37	24,777	Ordinary shares
WAM Capital Limited	12/02/24	-2,038,778.09	969,288	Ordinary shares
WAM Research Limited	12/02/24	-504,930.38	240,057	Ordinary shares
Botanical Nominees Pty Limited ATF Wilson Asset Management Equity Fund	13/02/24	-107.28	51	Ordinary shares
WAM Capital Limited	13/02/24	-4,175.38	1,985	Ordinary shares
WAM Research Limited	13/02/24	-1,034.90	492	Ordinary shares

This is Annexure C of 1 pages referred to in Form 603 - Notice of initial substantial holder.

Signed: _____

Date: 14/02/24