MACH7 TECHNOLOGIES LIMITED — Major Shareholding Notification 2017

Jan 4, 2017

Form 604 Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme		Mach7 Technologies Limited
ACN/ARSN	ACN 007 817 192
1. Details of substantial holder (1)
Name	BV Healthcare II Pte. Ltd.
	NRF Holdings Pte Ltd
		Sagamore Healthcare I, L.P.
ACN/ARSN (if applicable)
There was a change in the interests of the
substantial holder on		28 / 12 / 2016
The previous notice was given to the company on		23 / 11 / 2016
The previous notice was dated		22/11/2016

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 r as follows:

Class of securities (4)	Previous notice	Present notice
	lPerson's votes	(5) Voting power	Person's votes	Voting power (5)
Ordinary shares	83.849.912	71%	113.728.985	9.62%

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 lrelevant interest lchanged	Nature of change (6)	Consideration given in relation to change $(7)$	Class and Inumber of securities laffected	lPerson's votes laffected
9 Dec 2016	BV Healthcare II Pte. Ltd. INRF Holdings Pte Ltd Sagamore Healthcare I, L.P	Acquisition of 12,500,000 shares under a placement	$$0,04$ per share	12,500,000 fully paid ordinary shares	12,500,000
28 Dec 2016	BV Healthcare II Pte. Ltd. NRF Holdings Pte Ltd Sagamore Healthcare I, L.P	Acquisition of 17,379,073 shares in conversion of existing ldebt	Deemed issue price of \$0.04 per Ishare	17,379,073 fully paid ordinary shares	17,379,073
9 and 28 Dec 2016	BV Healthcare II Pte. Ltd. NRF Holdings Pte Ltd Sagamore Healthcare I, L.P.	Dilution of holding due N/A to issues of Mach7 Technologies Limited shares to other holders		113,728,985 fully paid ordinary shares	113,728,985

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 linterest	Registered lholder of lsecurities.	Person entitled to be registered as holder (8)	Nature of lrelevant interest (6)	Class and Inumber of Isecurities	Person's votes
BV Healthcare II Pte. Ltd.			Direct holder.
NRF Holdings Pte Ltd	BV Healthcare II Pte. Ltd.	IBV Healthcare II IPte. Ltd.	Holder of a relevant linterest under section $ 608(3)(a)$ of the Corporations Act through its voting power in BV lHealthcare II Pte. Ltd.	113,728,985 ordinary shares	113,728,985
Sagamore Healthcare I, L.P.			Holder of a relevant linterest under section 608(3)(a) of the Corporations Act through its voting power in BV Healthcare II Pte. Ltd.

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 fo

Name and ACN/ARSN applicable)	Nature заног
N/A	IN/A _________

6. Addresses

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

Name	Address
BV Healthcare II Pte. Ltd.	50 Cuscaden Road, #08-01 HPL House, Singapore 249724
NRF Holdings Pte Ltd	1 Create Way, #12-02 Create Tower, Singapore 138602
Sagamore Healthcare I, L.P.	100 Painters Mill Road, Suite 700, Owings Mills, Maryland 21117, USA