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Opthea Ltd Major Shareholding Notification 2024

Jun 24, 2024

32698_rns_2024-06-24_25ab72bf-6fd9-431e-a77b-18385fdff3a5.pdf

Major Shareholding Notification

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To Company Name/Scheme
ACN/ARSN
1. Details of substantial holder (1)
Name
ACN/ARSN (if applicable)
-
21/06/2024
The previous notice was given to the company on
25/09/2023
The previous notice was dated
21/09/2023
2. Previous and present voting power
The % substantial is based on the shares on issue of 1,091,466,771 as disclosed by the Company on 21-06-2024.
3. Changes in relevant interests
4. Present relevant interests
Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:
Nature of relevant
interest (6)
Class and
number of
securities
Person's
votes
137,394,732
ORDINARY
137,394,732
852,403
ADS
6,819,224
HOLDER OF
SHARES
3,980,049
ORDINARY
3,980,049
34,442,896
ORDINARY
34,442,896
446,058 ADS
3,568,464
ORDINARY
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:
Consideration (9)
129,001,880
19.46%
289,736,603
26.55%
Holder of relevant interest
Date of acquisition
See Annexure 2
ADS each representing 8
ordinary shares
2,895,987
3.50%
2,907,403
2.13%
Form 604
Corporations Act 2001
Section 671B
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:
Notice of change of interests of substantial holder*
There was a change in the interests of the substantial holder on
Class of securities (4)
Voting power
(5)
Person's votes
Previous notice
Current notice
Person's votes
Voting power (5)
OPTHEA LTD (OPT)
006 340 567
Regal Funds Management Pty Limited and its associates
(see Annexure 1)
Class and number of securities
UBS Nominees Pty Ltd
UBS Securities LLC & Citibank
HSBC Custody Nominees (Australia)
Limited A/C 2
Goldman Sachs International
Holder of relevant interest
Registered holder of securities
Person entitled to be registered
as holder (8)
Regal Funds Management
Pty Ltd and its associates
UBS AG, Australia Branch
HOLDER OF
SHARES
Regal Funds Management
Pty Ltd and its associates
Morgan Stanley & Co Intl Plc
HSBC CUSTODY NOMINEES
(AUSTRALIA) LIMITED
Regal Funds Management
Pty Ltd and its associates
GOLDMAN SACHS
INTERNATIONAL, LONDON
HOLDER OF
SHARES
To Company Name/Scheme
ACN/ARSN
1. Details of substantial holder (1)
Name
ACN/ARSN (if applicable)
-
21/06/2024
The previous notice was given to the company on
25/09/2023
The previous notice was dated
21/09/2023
2. Previous and present voting power
The % substantial is based on the shares on issue of 1,091,466,771 as disclosed by the Company on 21-06-2024.
3. Changes in relevant interests
4. Present relevant interests
Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:
Nature of relevant
interest (6)
Class and
number of
securities
Person's
votes
137,394,732
ORDINARY
137,394,732
852,403
ADS
6,819,224
HOLDER OF
SHARES
3,980,049
ORDINARY
3,980,049
34,442,896
ORDINARY
34,442,896
446,058 ADS
3,568,464
ORDINARY
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:
Consideration (9)
129,001,880
19.46%
289,736,603
26.55%
Holder of relevant interest
Date of acquisition
See Annexure 2
ADS each representing 8
ordinary shares
2,895,987
3.50%
2,907,403
2.13%
Form 604
Corporations Act 2001
Section 671B
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:
Notice of change of interests of substantial holder*
There was a change in the interests of the substantial holder on
Class of securities (4)
Voting power
(5)
Person's votes
Previous notice
Current notice
Person's votes
Voting power (5)
OPTHEA LTD (OPT)
006 340 567
Regal Funds Management Pty Limited and its associates
(see Annexure 1)
Class and number of securities
UBS Nominees Pty Ltd
UBS Securities LLC & Citibank
HSBC Custody Nominees (Australia)
Limited A/C 2
Goldman Sachs International
Holder of relevant interest
Registered holder of securities
Person entitled to be registered
as holder (8)
Regal Funds Management
Pty Ltd and its associates
UBS AG, Australia Branch
HOLDER OF
SHARES
Regal Funds Management
Pty Ltd and its associates
Morgan Stanley & Co Intl Plc
HSBC CUSTODY NOMINEES
(AUSTRALIA) LIMITED
Regal Funds Management
Pty Ltd and its associates
GOLDMAN SACHS
INTERNATIONAL, LONDON
HOLDER OF
SHARES
4. Present relevant interests
Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:
Nature of relevant
interest (6)
HOLDER OF
SHARES
Consideration (9)
Holder of relevant interest
Date of acquisition
See Annexure 2
Class and
UBS Nominees Pty Ltd
UBS Securities LLC & Citibank
HSBC Custody Nominees (Australia)
Limited A/C 2
Goldman Sachs International
Holder of relevant interest
Registered holder of securities
Person entitled to be registered
as holder (8)
Regal Funds Management
Pty Ltd and its associates
UBS AG, Australia Branch
HOLDER OF
SHARES
Regal Funds Management
Pty Ltd and its associates
Morgan Stanley & Co Intl Plc
HSBC CUSTODY NOMINEES
(AUSTRALIA) LIMITED
Regal Funds Management
Pty Ltd and its associates
GOLDMAN SACHS
INTERNATIONAL, LONDON
HOLDER OF
SHARES

Class and
number of
securities
Person's
votes
137,394,732
ORDINARY
137,394,732
852,403
ADS
6,819,224
3,980,049
ORDINARY
3,980,049
34,442,896
ORDINARY
34,442,896
446,058 ADS
3,568,464
number of securities

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:

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Previous notice Current notice
Class of securities (4)
Person's votes Voting power Person's votes Voting power (5)
(5)
ORDINARY 129,001,880 19.46% 289,736,603 26.55%
ADS each representing 8
2,895,987 3.50% 2,907,403
2.13%
ordinary shares
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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 number of securities number of securities
See Annexure 2
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
UBS Nominees Pty Ltd 137,394,732
ORDINARY
137,394,732
Regal Funds Management
Pty Ltd and its associates
UBS AG, Australia Branch HOLDER OF
SHARES
UBS Securities LLC & Citibank 852,403
ADS

6,819,224
Regal Funds Management
Pty Ltd and its associates
HSBC Custody Nominees (Australia)
Limited A/C 2
Morgan Stanley & Co Intl Plc HOLDER OF
SHARES
3,980,049
ORDINARY
3,980,049
HSBC CUSTODY NOMINEES
(AUSTRALIA) LIMITED
34,442,896
ORDINARY
34,442,896
Regal Funds Management GOLDMAN SACHS HOLDER OF
Pty Ltd and its associates INTERNATIONAL, LONDON SHARES
Goldman Sachs International 446,058 ADS 3,568,464

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J.P. MORGAN NOMINEES AUSTRALIA
Regal Funds Management Pty Ltd and its associates LTD J.P MORGAN NOMINEES AUSTRALIA LTD HOLDER OF SHARES ORDINARY2,114,754 2,114,754
(AUSTRALIA) LIMITED
Merrill Lynch (Australia) Nominees Pty 48,680,287
Limited ORDINARY 48,680,287
Regal Funds Management Merrill Lynch International HOLDER OF
Pty Ltd and its associates Limited SHARES
1,170,942
Merrill Lynch Pierce Fenner & Smith 9,367,536
ADS
Regal Funds Management J.P. MORGAN PRIME NOMINEES LTD J.P. MORGAN SECURITIES PLC HOLDER OF ORDINARY63,123,885 63,123,885
Pty Ltd and its associates J.P. MORGAN SECURITIES LLC J.P. MORGAN SECURITIES LLC SHARES 438,000 ADS 3,504,000
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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
N/A
6. Addresses
The addresses of persons named in this form are as follows:
Name Address
LEVEL 47, GATEWAY, 1 MACQUARIE PLACE, SYDNEY
REGAL FUNDS MANAGEMENT PTY LIMITED
NSW 2000
LEVEL 47, GATEWAY, 1 MACQUARIE PLACE, SYDNEY
REGAL PARTNERS LIMITED
NSW 2000
Signature
print name Kenny Ho capacity Company Secretary
sign here date 25/06/2024
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Annexure 1

Details of Substantial Holders

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ACN Name
107 576 821 REGAL FUNDS MANAGEMENT PTY LIMITED
129 188 450 REGAL PARTNERS LIMITED
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Annexure 2

Changes in Relevant Interests

Consideration
given in Number of Persons
Nature of relation to securities Class of votes
Date Person whose relevant interest changed Change change affected securities affected
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
17/11/2023 Management Pty Limited) Sell 629883.93 1702389 Ordinary 1702389
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
17/11/2023 Management Pty Limited) Buy 629883.93 1702389 Ordinary 1702389
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
21/12/2023 Management Pty Limited) Sell 470000.00 1000000 Ordinary 1000000
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
21/12/2023 Management Pty Limited) Buy 470000.00 1000000 Ordinary 1000000

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Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
5/01/2024 Management Pty Limited) Sell 215250.00 350000 Ordinary 350000
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
5/01/2024 Management Pty Limited) Buy 215250.00 350000 Ordinary 350000
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
19/01/2024 Management Pty Limited) Sell 774130.66 1532932 Ordinary 1532932
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
19/01/2024 Management Pty Limited) Buy 774130.66 1532932 Ordinary 1532932
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
22/03/2024 Management Pty Limited) Buy 173758.00 260000 Ordinary 260000
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
25/03/2024 Management Pty Limited) Buy 105315.00 150000 Ordinary 150000
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
25/03/2024 Management Pty Limited) Buy 24486.00 35000 Ordinary 35000
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
26/03/2024 Management Pty Limited) Buy 78724.88 111619 Ordinary 111619
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
26/03/2024 Management Pty Limited) Buy 45865.02 65066 Ordinary 65066
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
27/03/2024 Management Pty Limited) Buy 184807.80 249000 Ordinary 249000
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
27/03/2024 Management Pty Limited) Sell 727431.84 983016 Ordinary 983016
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
27/03/2024 Management Pty Limited) Buy 1480000.00 2000000 Ordinary 2000000
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
28/03/2024 Management Pty Limited) Sell 725660.28 980622 Ordinary 980622
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
28/03/2024 Management Pty Limited) Buy 1573739.50 2126675 Ordinary 2126675
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
28/03/2024 Management Pty Limited) Buy 156488.94 201687 Ordinary 201687
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
2/04/2024 Management Pty Limited) Buy 241274.42 313547 Ordinary 313547
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
4/04/2024 Management Pty Limited) Buy 20577.20 28000 Ordinary 28000
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
5/04/2024 Management Pty Limited) Sell 1470000.00 2000000 Ordinary 2000000
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
5/04/2024 Management Pty Limited) Buy 1470000.00 2000000 Ordinary 2000000
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Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
5/04/2024 Management Pty Limited) Buy 70560.00 96000 Ordinary 96000
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
9/04/2024 Management Pty Limited) Buy 150000.00 200000 Ordinary 200000
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
16/04/2024 Management Pty Limited) Buy 18480.00 28000 Ordinary 28000
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
18/04/2024 Management Pty Limited) Sell 1260000.00 2000000 Ordinary 2000000
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
18/04/2024 Management Pty Limited) Buy 1260000.00 2000000 Ordinary 2000000
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
3/05/2024 Management Pty Limited) Sell 325130.21 528667 Ordinary 528667
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
3/05/2024 Management Pty Limited) Buy 325130.21 528667 Ordinary 528667
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
19/06/2024 Management Pty Limited) Buy 3145000.00 8500000 Ordinary 8500000
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
19/06/2024 Management Pty Limited) Sell 3145000.00 8500000 Ordinary 8500000
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
21/06/2024 Management Pty Limited) Buy 62733507.20 156833767 Ordinary 156833767
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Changes in relevant interests [ADS]
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
22/03/2024 Management Pty Limited) Buy 37142.00 10000 Ordinary 10000
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
26/03/2024 Management PtyLimited) Buy 5337.33 1416 Ordinary 1416