MICRO-X LIMITED — Major Shareholding Notification 2020

May 14, 2020

TIGA TRADING PTY LTD ABN 95 118 961 210

Level 39, 55 Collins Street, Melbourne Vic 3000 Telephone: +61 3 9921 7116 Facsimile: +61 3 9921 7100

15 May 2020

BY ASX ONLINE - 4 pages

Manager Company Announcements ASX Limited Level 10 20 Bond Street SYDNEY 2000

Dear Sir/Madam,

Change of interests of substantial holder Micro-X Limited [ASX:MX1]

Following is a Form 604 Notice of change of interests of substantial holder dated 15 May 2020 in accordance with section 671B of the Corporations Act.

Yours sincerely,

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AVEE WAISLITZ Secretary

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To: company name/scheme MICRO-X LIMITED

ABN 21 153 273 735

1. Details of substantial holder

Name ACN (if applicable) 118 961 210

TIGA Trading Pty Ltd and each of the entities listed in the attached Annexure ‘A’ to this notice.

There was a change in the interests of the substantial holder on 13-May-20 The previous notice was given to the company on 18-Aug-17 The previous notice was dated 18-Aug-17

2. Previous and present voting power

The total number of shares 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
Fully Paid Ordinary Shares	8,856,760	6.14%	26,282,972	7.36%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, relevant interests 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 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
2-Jan-19	TIGA Trading Pty Ltd	Placement	$0.27 per share	1,111,111 ordinary shares	1,111,111
	Thorney Technologies Ltd		$Nil	740,740 ordinary shares	740,740
24-Dec-19	TIGA Trading Pty Ltd	Placement	$0.20 per share	4,250,000 ordinary shares	4,250,000
	Thorney Technologies Ltd		$Nil	750,000 ordinary shares	750,000
23-Apr-20	TIGA Trading Pty Ltd	Placement	$0.14 per share	3,383,214 ordinary shares	3,383,214
	Thorney Technologies Ltd		$Nil	597,038 ordinary shares	597,038
13-May-20	TIGA Trading Pty Ltd	1 for 5.6 entitlement	$0.14 per share	2,394,681 ordinary shares	2,394,681
	Thorney Technologies Ltd		$Nil	410,428 ordinary shares	410,428
13-May-20	TIGA Trading Pty Ltd	Sub underwriting	$0.14 per share	3,789,000 ordinary shares	3,789,000

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	Class and number of securities
TIGA Trading Pty Ltd, Thorney Investment Group Australia Pty Ltd, Jamahjo Pty Ltd	UBS Nominees Pty Ltd	TIGA Trading Pty Ltd	22,977,106 ordinary shares
Thorney Technologies Ltd, TIGA Trading Pty Ltd, Thorney Investment Group Australia Pty Ltd, Jamahjo Pty Ltd	HSBC Custody Nominees (Australia) Ltd	Thorney Technologies Ltd	3,305,866 ordinary shares

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 Nature of association

6. Addresses

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

Name	Address
TIGA Trading Pty Ltd	Level 39, 55 Collins Street, Melbourne 3000
Thorney Technologies Ltd ACN 096 782 188	Level 39, 55 Collins Street, Melbourne 3000
Thorney Investment Group Australia Pty Ltd ACN 117 488 892	Level 39, 55 Collins Street, Melbourne 3000
Jamahjo Pty Ltd ACN 117 488 696	c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121

Signature

Print name AVEE WAISLITZ Sign here

Capacity SECRETARY Date 15 May 2020

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ANNEXURE ‘A’

This is Annexure A referred to in the Form 604 Notice of change of interests of substantial holder signed by me and dated 15 May 2020.

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….......................................................

AVEE WAISLITZ Secretary

SUBSTANTIAL HOLDERS - ENTITY DETAILS

Entity	Address
Jamahjo Pty Ltd, ACN 117 488 696	c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121
Thistle Custodians PtyLtd,ACN 078 027 193	Level 39,55 Collins Street,Melbourne 3000
Thistle Holdings PtyLtd,ACN 075 051 464	Level 39,55 Collins Street,Melbourne 3000
ThorneyAlpha PtyLtd, ACN 162 820 537	Level 39, 55 Collins Street, Melbourne 3000
ThorneyBeta PtyLtd, ACN 162 828 677	Level 39, 55 Collins Street, Melbourne 3000
ThorneyHoldings ProprietaryLimited,ACN 006 262 835	Level 39,55 Collins Street,Melbourne 3000
ThorneyInternational PtyLtd,ACN 132 886 698	Level 39,55 Collins Street,Melbourne 3000
Thorney Investment Group Australia Pty Ltd, ACN 117 488 892	Level 39, 55 Collins Street, Melbourne 3000
ThorneyManagement Services PtyLtd,ACN 164 880 148	Level 39,55 Collins Street,Melbourne 3000
ThorneyOmega PtyLtd,ACN 163 964 636	Level 39,55 Collins Street,Melbourne 3000
TIGA PropertyPtyLtd, ACN 117 811 453	Level 39, 55 Collins Street, Melbourne 3000
TIGA(Ballarat)PtyLtd, ACN 117 812 030	Level 39, 55 Collins Street, Melbourne 3000
TIGA Finance PtyLtd,ACN 118 521 412	Level 39,55 Collins Street,Melbourne 3000
TIGA(Hawthorn)PtyLtd,ACN 126 952 663	Level 39,55 Collins Street,Melbourne 3000
TIGA Tails PtyLtd, ACN 080 534 416	Level 39, 55 Collins Street, Melbourne 3000
TIGA TradingPtyLtd, ACN 118 961 210	Level 39, 55 Collins Street, Melbourne 3000
ThorneyTechnologies Ltd , ACN 096 782 188	Level 39, 55 Collins Street, Melbourne 3000