MACH7 TECHNOLOGIES LIMITED — Major Shareholding Notification 2019

Apr 1, 2019

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme

Mach 7 Technologies Limited ACN 007 817 192

1. Details of substantial holder

Name

Oceania Capital Partners Limited ACN 111 554 360 and its related bodies corporate ( OCP ) HCI Australian Operations Pty Ltd ACN 147 513 620 and its related bodies corporate ( HCIAO ) HCI Investments Australia Pty Ltd ACN 147 513 139 and its related bodies corporate (HCIIA)

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

See below

The previous notice was given to the company on 28 February 2019 The previous notice was dated 28 February 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 had a relevant interest 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	Previous Notice	Previous Notice	Present notice	Present notice
	Person's votes	Voting power	Person's votes	Voting power
Ordinary shares	11,242,455	7.62% (based on 147,468,164 shares)	9,243,933	6.26% (based on 147,763,782 shares)

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	Consideration given in relation to change	Class and number of securities affected	Person's votes affected
11/03/2019	OCP, HCIIA & HCIAO	On-market sale by OCP	$0.1775 /share	30,000	30,000
11/03/2019	OCP, HCIIA & HCIAO	On-market sale by OCP	$0.175 /share	181,000	181,000
12/03/2019	OCP, HCIIA & HCIAO	On-market sale by OCP	$0.175 /share	570,000	570,000
13/03/2019	OCP, HCIIA & HCIAO	On-market sale by OCP	$0.1775 /share	20,000	20,000
13/03/2019	OCP, HCIIA & HCIAO	On-market sale by OCP	$0.175 /share	60,000	60,000
15/03/2019	OCP, HCIIA & HCIAO	On-market sale by OCP	$0.175 /share	78,522	78,522
18/03/2019	OCP, HCIIA & HCIAO	On-market sale by OCP	$0.1775 /share	11,572	11,572
18/03/2019	OCP, HCIIA & HCIAO	On-market sale by OCP	$0.175 /share	193,428	193,428
19/03/2019	OCP, HCIIA & HCIAO	On-market sale by OCP	$0.175 /share	98,000	98,000
21/03/2019	OCP, HCIIA & HCIAO	On-market sale by OCP	$0.175 /share	20,000	20,000

K-DRIVE/DTR

22/03/2019	OCP, HCIIA & HCIAO	On-market sale by OCP	$0.175 /share	20,000	20,000
28/03/2019	OCP, HCIIA & HCIAO	On-market sale by OCP	$0.1775 /share	15,655	15,655
28/03/2019	OCP, HCIIA & HCIAO	On-market sale by OCP	$0.175 /share	368,345	368,345
29/03/2019	OCP, HCIIA & HCIAO	On-market sale by OCP	$0.185 /share	22,000	22,000
29/03/2019	OCP, HCIIA & HCIAO	On-market sale by OCP	$0.18 /share	106,522	106,522
29/03/2019	OCP, HCIIA & HCIAO	On-market sale by OCP	$0.1775 /share	70,000	70,000
29/03/2019	OCP, HCIIA & HCIAO	On-market sale by OCP	$0.175 /share	133,478	133,478

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	Nature of relevant interest	Class and number of securities	Person's votes
OCP	OCP	OCP	Holder of ordinary shares	Ordinary shares	9,243,933
HCIAO	OCP	OCP	Relevant interest holder under sections 608(1)(b), 608(1)(c) and 608 (3) of the Corporations Act through control of OCP	ordinary shares	9,243,933
HCIIA	OCP	OCP	Relevant interest holder under sections 608(1)(b), 608(1)(c) and 608 (3) of the Corporations Act through control of OCP	ordinary shares	9,243,933

5. Changes in association

The persons who have become associates of, ceased to be associates of, or have changed the nature of their association 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
Not applicable	Not applicable

6. Addresses

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

Name	Address
OCP	Suite 57, 14 Narabang Way, Belrose NSW 2085
HCIAO	Suite 57, 14 Narabang Way, Belrose NSW 2085
HCIIA	Suite 57, 14 Narabang Way, Belrose NSW 2085

Signature

print name Lionel Baldwin sign here

capacity Company Secretary of OCP and person authorised to provide holding notifications date 1 April 2019

K-DRIVE/DTR