Opthea Ltd — Major Shareholding Notification 2019

Nov 27, 2019

Form 605

Corporations Act 2001

Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme OPTHEA LIMITED ACN/ARSN ACN 006 340 567

1. Details of substantial holder (1)

Name Credit Suisse Holdings (Australia) Limited (on behalf of Credit Suisse Group AG and its affiliates) ACN/ARSN (if applicable) 008 496 713

The holder ceased to be a substantial holder on 26-Nov-2019 The previous notice was given to the company on 26-Nov-2019 The previous notice was dated 26-Nov-2019

2. Changes in relevant interests

Particulars of each change in , or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3)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 (4)	Consideration given in relation to change(5)	Class (6) and number of securities affected	Person's votes affected
22-Nov-19	Credit Suisse Equities (Australia) Limited	Disposed on market	25,574.73 AUD	-8,577 Common Stock	-8,577
22-Nov-19	Credit Suisse Equities (Australia) Limited	Disposed on market	13,156.0 AUD	-4,400 Common Stock	-4,400
22-Nov-19	Credit Suisse Equities (Australia) Limited	Disposed on market	3,279.16 AUD	-1,104 Common Stock	-1,104
22-Nov-19	Credit Suisse Equities (Australia) Limited	Disposed on market	6,501.0 AUD	-2,167 Common Stock	-2,167
22-Nov-19	Credit Suisse Equities (Australia) Limited	Acquired on market	103,076.90 AUD	38,604 Common Stock	38,604
22-Nov-19	Credit Suisse Equities (Australia) Limited	Acquired on market	2,440.24 AUD	920 Common Stock	920
22-Nov-19	Credit Suisse Equities (Australia) Limited	Acquired on market	2,132.28 AUD	800 Common Stock	800
25-Nov-19	Credit Suisse Equities (Australia) Limited	Disposed on market	17,488.86 AUD	-5,973 Common Stock	-5,973
25-Nov-19	Credit Suisse Equities (Australia) Limited	Disposed on market	7,531.63 AUD	-2,719 Common Stock	-2,719
25-Nov-19	Credit Suisse Equities (Australia) Limited	Disposed on market	13,410.0 AUD	-4,500 Common Stock	-4,500
25-Nov-19	Credit Suisse Equities (Australia) Limited	Disposed on market	2,307.20 AUD	-824 Common Stock	-824
25-Nov-19	Credit Suisse Equities (Australia) Limited	Disposed on market	531.29 AUD	-192 Common Stock	-192

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25-Nov-19	Credit Suisse Equities (Australia) Limited	Acquired on market	410.22 AUD	148 Common Stock	148
25-Nov-19	Credit Suisse Equities (Australia) Limited	Acquired on market	1,229.28 AUD	444 Common Stock	444
25-Nov-19	Credit Suisse Equities (Australia) Limited	Acquired on market	48,018.68 AUD	17,658 Common Stock	17,658
26-Nov-19	Credit Suisse Equities (Australia) Limited	Disposed on market	13,057.26 AUD	-4,854 Common Stock	-4,854
26-Nov-19	Credit Suisse Equities (Australia) Limited	Disposed on market	1,345,000.0 AUD	-500,000 Common Stock	-500,000
26-Nov-19	Credit Suisse Equities (Australia) Limited	Disposed on market	600.0 AUD	-225 Common Stock	-225
26-Nov-19	Credit Suisse Equities (Australia) Limited	Disposed on market	1,358.43 AUD	-507 Common Stock	-507
26-Nov-19	Credit Suisse Equities (Australia) Limited	Disposed on market	396.76 AUD	-148 Common Stock	-148
26-Nov-19	Credit Suisse Equities (Australia) Limited	Acquired on market	5,801.0 AUD	2,100 Common Stock	2,100
26-Nov-19	Credit Suisse Equities (Australia) Limited	Acquired on market	61,354.72 AUD	22,350 Common Stock	22,350
22-Nov-19	Credit Suisse Securities (Europe) Limited	Stock returned under Master prime brokerage agreement	Refer to Annexure A of Notice	-962,845 Common Stock	-962,845
22-Nov-19	Credit Suisse Securities (Europe) Limited	Stock borrowed under Master prime brokerage agreement	Refer to Annexure A of Notice	215,000 Common Stock	215,000
25-Nov-19	Credit Suisse Securities (Europe) Limited	Stock borrowed under Master prime brokerage agreement	Refer to Annexure A of Notice	270,867 Common Stock	270,867
25-Nov-19	Credit Suisse Securities (Europe) Limited	Stock borrowed under Master prime brokerage agreement	Refer to Annexure A of Notice	403,195 Common Stock	403,195
25-Nov-19	Credit Suisse Securities (Europe) Limited	Cancellation of Stock borrowed under Master prime brokerage agreement	Refer to Annexure A of Notice	-312,000 Common Stock	-312,000
25-Nov-19	Credit Suisse Securities (Europe) Limited	Cancellation of Stock borrowed under Master prime brokerage agreement	Refer to Annexure A of Notice	-476,000 Common Stock	-476,000
26-Nov-19	Credit Suisse Securities (Europe) Limited	Stock borrowed under Master prime brokerage agreement	Refer to Annexure A of Notice	344,000 Common Stock	344,000

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) 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
N/A

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4. Addresses

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

Name	Address
Credit Suisse Holdings (Australia) Limited (ACN 008 496 713)	Level 31, Gateway, 1 Macquarie Place, Sydney NSW 2000, Australia
CS Third Nominees Pty Limited (ACN 007 053 849)	Level 31, Gateway, 1 Macquarie Place, Sydney NSW 2000, Australia
Credit Suisse Equities (Australia) Limited (ACN 068 232 708)	Level 31, Gateway, 1 Macquarie Place, Sydney NSW 2000, Australia
Credit Suisse Fourth Nominees Pty Limited (ACN 069 126 432)	Level 31, Gateway, 1 Macquarie Place, Sydney NSW 2000, Australia
Credit Suisse Securities (Europe) Limited (ARBN 099554131)	One Cabot Square,London,E14 4QJ

Signature print name sign here	Winston Loke capacity Authorised Signatory
	date 28-Nov-2019

==> picture [60 x 28] intentionally omitted <==

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Annexure "A"

This is Annexure "A" referred to in the Form 605 "Notice of ceasing to be a substantial holder"

Signature print name sign here	Credit Suisse Holdings (Australia) Limited (ACN 008 496 713) Winston Loke capacity Authorised Signatory
	date 28-Nov-2019

==> picture [60 x 28] intentionally omitted <==

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Prescribed information
Schedule
Type of agreement	Master Prime Brokerage Securities Lending
	Agreement
Parties to agreement	Credit Suisse Securities (Europe) Limited and
	Tasman Market Neutral Fund
Transfer date	25-Nov-2019
Holder of voting rights	Borrower
Are there any restrictions on voting rights?	Yes
If yes, detail	Voting rights to be exercised in accordance
	with lender’s instructions provided such
	instructions are received 5 days prior.
Scheduled return date (if any)	N/A
Does the borrower have the right to return early?	Yes
If yes, detail	At Will
Does the lender have the right to recall early?	Yes
If yes, detail	With 4 days prior written notice or earlier upon
	agreement
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	If an event of default occurs in respect of either
	the lender or the borrower, the obligation of the
	borrower to deliver the securities to the lender
	will be netted off against the obligation of the
	lender to return securities or cash held by the
	lender as collateral.

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Prescribed information
Schedule
Type of agreement	Master Prime Brokerage Securities Lending
	Agreement
Parties to agreement	Credit Suisse Securities (Europe) Limited and
	Regal Australian LS Equity Fund
Transfer date	25-Nov-2019
Holder of voting rights	Borrower
Are there any restrictions on voting rights?	Yes
If yes, detail	Voting rights to be exercised in accordance
	with lender’s instructions provided such
	instructions are received 5 days prior.
Scheduled return date (if any)	N/A
Does the borrower have the right to return early?	Yes
If yes, detail	At Will
Does the lender have the right to recall early?	Yes
If yes, detail	With 4 days prior written notice or earlier upon
	agreement
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	If an event of default occurs in respect of either
	the lender or the borrower, the obligation of the
	borrower to deliver the securities to the lender
	will be netted off against the obligation of the
	lender to return securities or cash held by the
	lender as collateral.

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Prescribed information

Schedule
Type of agreement	Master Prime Brokerage Securities Lending
	Agreement
Parties to agreement	Credit Suisse Securities (Europe) Limited and
	Atlantic Absolute Return Fund
Transfer date	26-Nov-2019
Holder of voting rights	Borrower
Are there any restrictions on voting rights?	Yes
If yes, detail	Voting rights to be exercised in accordance
	with lender’s instructions provided such
	instructions are received 5 days prior.
Scheduled return date (if any)	N/A
Does the borrower have the right to return early?	Yes
If yes, detail	At Will
Does the lender have the right to recall early?	Yes
If yes, detail	With 4 days prior written notice or earlier upon
	agreement
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	If an event of default occurs in respect of either
	the lender or the borrower, the obligation of the
	borrower to deliver the securities to the lender
	will be netted off against the obligation of the
	lender to return securities or cash held by the
	lender as collateral.

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