ORA BANDA MINING LTD — Major Shareholding Notification 2019

Aug 26, 2019

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme

ACN/ARSN

Ora Banda Mining Limited ( OBML ) 100 038 266

1. Details of substantial holder (1)

Hawke’s Point Holdings I Limited ( Hawke’s Point ) and each of the entities listed in Annexure “A” ( Hawke’s Point Group Entity ).

Name Entity ). ACN/ARSN (if applicable) Not applicable There was a change in the interests of the substantial holder on 26/08/2019 The previous notice was given to the company on 13/06/2019 The previous notice was dated 12/06/2019

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	Present notice	Present notice
	Person’s votes	Voting power(5)	Person’s votes	Voting power(5)
Ordinary shares	3,096,556,390	42.50% (based on 7,285,801,359 ordinary shares on issue). Pre-consolidation -- the number of shares on issue was reduced to 485,719,962 shares following a 15:1 share consolidation on 20 June 2019.	206,437,092	37.95% (based on 543,979,872 ordinary shares on issue). The change in Hawke’s Point’s voting power is due to the dilution of Hawke’s Point’s shareholding following the issue of the 57,559,910 Tranche 1 Placement shares announced 26 August 2019.

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder 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 (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person’s votes affected
No change	N/A	N/A	N/A	N/A	N/A

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of	Registered	Person entitled	Nature of	Class and
relevant	holder of	to be registered	relevant	number of	Person’s votes
interest	securities	as holder (8)	interest (6)	securities
			Relevant interest under s
			608(1)(b) and (c) of the
			Corporations Act 2001
Hawke’s Point	Citicorp Nominees Pty Limited	Hawke’s Point	(Cth), being a relevant interest arising through	206,437,092 ordinary shares	206,437,092
			Hawke’s Point having the
			right to control the voting or
			disposal of the shares.

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Relevant interest under s 608(3)(a) and/or s 608(3)(b) of the Corporations Act 2001 (Cth), being a relevant Each Hawke’s interest held through a body Point Group Citicorp Nominees Pty Limited Hawke’s Point corporate (Hawke’s Point) in which the voting power of 206,437,092 ordinary shares 206,437,092 Entity the relevant Hawke’s Point Group Entity is more than 20% or which the relevant Hawke’s Point Group Entity controls. Name and ACN/ARSN (if applicable) Nature of association Not Applicable Not Applicable

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:

6. Addresses

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

Name	Address
Hawke’s Point and each Hawke’s Point Group Entity	c /- Polygon Global Partners LLP, 4 Sloan Terrace, London, SW1X 9DQ, United Kingdom

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Signature

print name Erik Caspersen	capacity	Authorised Signatory
sign here	date	26 August 2019
DIRECTIONS
er of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and
trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar,
ed to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members
paragraph 6 of the form.
f "associate" in section 9 of the Corporations Act 2001.
f "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
of a company constitute one class unless divided into separate classes.
divided by the total votes in the body corporate or scheme multiplied by 100.

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.

• (2) See the definition of "associate" in section 9 of the Corporations Act 2001.

• (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (4) The voting shares of a company constitute one class unless divided into separate classes.

• (5) The person’s votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (6) Include details of:

• (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

• (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

• See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• (7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included on any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

• (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write “unknown’”.

• (9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

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Annexure “A” – Hawke’s Point Group Entities

This is Annexure “A” of 1 page referred to in the Form 604 (Notice of change of interests of Substantial Holder), signed by me and dated 26 August 2019.

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…………………… Erik Caspersen Authorised Signatory, Hawke’s Point Holdings I Limited

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Hawke’s Point Group Entities

Entity	ACN/ARSN
Hawke’s Point Holdings L.P	Not applicable
Hawke’s Point GP Limited	Not applicable
Hawke’s Point Manager L.P	Not applicable
Polygon Global Partners LLP	Not applicable
Polygon Global Partners LP	Not applicable

Tetragon Financial Group Limited and each Not applicable of its related bodies corporate

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