MICRO-X LIMITED — Major Shareholding Notification 2021

Aug 1, 2021

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme Micro-X Ltd (MX1) ACN/ARSN 153 273 735

1. Details of substantial holder (1)

Name Regal Funds Management Pty Ltd (RFM)

ACN/ARSN (if applicable) 107 576 821

There was a change in the interests of the substantial holder on 29/07/2021 The previous notice was given to the company on 9/02/2021 The previous notice was dated 5/02/2021

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	Current notice	Current notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
ORDINARY	48,974,294	10.90%	41,062,795	8.93%

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:

Holder of relevant interest	Date of acquisition	Consideration (9)	Class and number of securities
	See Annexure 1

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
MERRILL LYNCH INTERNATIONAL LIMITED	MERRILL LYNCH (AUS) NOMINEES PTY LTD	MERRILL LYNCH INTERNATIONAL LIMITED	HOLDER OF SHARES	7,805,632 ORDINARY	7,805,632
CREDIT SUISSE AG	CS THIRD NOMINEES PTY LIMITED	CREDIT SUISSE AG	HOLDER OF SHARES	33,257,163 ORDINARY	33,257,163

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 NOT APPLICABLE

6. Addresses

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

Name Address LEVEL 47 GATEWAY 1 MACQUARIE PLACE SYDNEY Kenny Ho NSW 2000

Signature

print name Kenny Ho capacity Company Secretary sign here date 2/08/2021

Annexure 1

Changes in relevant interests

Date	Person whose relevant interest changed	Nature of Change	Consideration given in relation to change	Number of securities affected	Class of securities	Persons votes affected
24/02/2021	Regal Funds Management	Buy	41084.58	120837	Ordinary	120837
1/03/2021	Regal Funds Management	Sell	5932.29	15211	Ordinary	15211
1/03/2021	Regal Funds Management	Sell	37188.10	91192	Ordinary	91192
2/03/2021	Regal Funds Management	Sell	83852.89	200653	Ordinary	200653
3/03/2021	Regal Funds Management	Sell	23071.47	55527	Ordinary	55527
4/03/2021	Regal Funds Management	Sell	41000.00	100000	Ordinary	100000
9/03/2021	Regal Funds Management	Sell	109210.26	283663	Ordinary	283663
12/03/2021	Regal Funds Management	Sell	39160.12	107288	Ordinary	107288
17/03/2021	Regal Funds Management	Sell	11859.84	32944	Ordinary	32944
25/03/2021	Regal Funds Management	Sell	19374.43	54854	Ordinary	54854
29/03/2021	Regal Funds Management	Sell	46069.19	131476	Ordinary	131476
31/03/2021	Regal Funds Management	Sell	15924.48	48256	Ordinary	48256
1/04/2021	Regal Funds Management	Sell	9873.18	30379	Ordinary	30379
7/04/2021	Regal Funds Management	Sell	63585.63	197778	Ordinary	197778
8/04/2021	Regal Funds Management	Sell	26513.00	79404	Ordinary	79404
9/04/2021	Regal Funds Management	Sell	81521.54	238996	Ordinary	238996
12/04/2021	Regal Funds Management	Sell	82738.08	235185	Ordinary	235185
13/04/2021	Regal Funds Management	Sell	54490.07	161980	Ordinary	161980
15/04/2021	Regal Funds Management	Sell	2095.88	6075	Ordinary	6075
19/04/2021	Regal Funds Management	Sell	24058.92	69736	Ordinary	69736
27/04/2021	Regal Funds Management	Sell	60994.15	174269	Ordinary	174269
28/04/2021	Regal Funds Management	Sell	35661.92	104888	Ordinary	104888

29/04/2021	Regal Funds Management	Sell	44340.76	130414	Ordinary	130414
30/04/2021	Regal Funds Management	Sell	95725.87	286005	Ordinary	286005
4/05/2021	Regal Funds Management	Sell	42683.55	131334	Ordinary	131334
5/05/2021	Regal Funds Management	Buy	249999.90	833333	Ordinary	833333
11/05/2021	Regal Funds Management	Sell	14751.06	44033	Ordinary	44033
12/05/2021	Regal Funds Management	Sell	9432.26	28156	Ordinary	28156
13/05/2021	Regal Funds Management	Sell	18773.70	56890	Ordinary	56890
17/05/2021	Regal Funds Management	Sell	25570.04	75206	Ordinary	75206
18/05/2021	Regal Funds Management	Sell	9817.32	28456	Ordinary	28456
19/05/2021	Regal Funds Management	Sell	49842.10	150444	Ordinary	150444
19/05/2021	Regal Funds Management	Sell	46674.66	141653	Ordinary	141653
20/05/2021	Regal Funds Management	Sell	30034.69	91653	Ordinary	91653
20/05/2021	Regal Funds Management	Sell	15808.84	47617	Ordinary	47617
25/05/2021	Regal Funds Management	Sell	40552.53	124777	Ordinary	124777
26/05/2021	Regal Funds Management	Sell	23205.05	67086	Ordinary	67086
26/05/2021	Regal Funds Management	Sell	91063.08	260329	Ordinary	260329
31/05/2021	Regal Funds Management	Sell	11670.75	33345	Ordinary	33345
3/06/2021	Regal Funds Management	Sell	65805.73	196435	Ordinary	196435
9/06/2021	Regal Funds Management	Sell	22417.22	65933	Ordinary	65933
29/06/2021	Regal Funds Management	Buy	674560.00	2176000	Ordinary	2176000
1/07/2021	Regal Funds Management	Sell	22351.88	68775	Ordinary	68775
2/07/2021	Regal Funds Management	Sell	57923.06	174362	Ordinary	174362
5/07/2021	Regal Funds Management	Sell	34622.20	101830	Ordinary	101830
7/07/2021	Regal Funds Management	Sell	10468.94	30791	Ordinary	30791
7/07/2021	Regal Funds Management	Sell	91875.56	276817	Ordinary	276817
8/07/2021	Regal Funds Management	Sell	42598.64	124996	Ordinary	124996
9/07/2021	Regal Funds Management	Sell	33825.24	99486	Ordinary	99486
12/07/2021	Regal Funds Management	Sell	137716.73	404217	Ordinary	404217
19/07/2021	Regal Funds Management	Sell	27263.60	83888	Ordinary	83888
28/07/2021	Regal Funds Management	Sell	27649.78	90655	Ordinary	90655
29/07/2021	Regal Funds Management	Sell	1525000.00	5000000	Ordinary	5000000
29/07/2021	Regal Funds Management	Sell	61899.60	206332	Ordinary	206332