PACIFIC CURRENT GROUP LIMITED — Major Shareholding Notification 2022

Oct 26, 2022

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme

ACN/ARSN

Pacific Current Group Ltd (PAC) 006 708 792

1. Details of substantial holder (1)

Name

ACN/ARSN (if applicable)

Regal Funds Management Pty Limited and its associates (see Annexure 1)

There was a change in the interests of the substantial holder on

25/10/2022 The previous notice was given to the company on 23/06/2022 The previous notice was dated 21/06/2022

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	6,827,935	13.35%	6,024,776	*11.74%

*The % substantial is based on the shares on issue of 51,337,467 as disclosed by the Company on 14-10-2022.

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 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
Regal Funds Management Pty Ltd and its associates	UBS NOMINEES PTY LTD	UBS AG, AUSTRALIA BRANCH	HOLDER OF SHARES	1,904,177 ORDINARY	1,904,177
Regal Funds Management Pty Ltd and its associates	HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED A/C 2	MORGAN STANLEY & CO INTL PLC	HOLDER OF SHARES	122,570 ORDINARY	122,570
Regal Funds Management Pty Ltd and its associates	MERRILL LYNCH (AUS) NOMINEES PTY LTD	MERRILL LYNCH INTERNATIONAL LIMITED	HOLDER OF SHARES	1,717,944 ORDINARY	1,717,944
Regal Funds Management Pty Ltd and its associates	J.P. MORGAN PRIME NOMINEES LTD	J.P MORGAN SECURITIES PLC	HOLDER OF SHARES	2,280,085 ORDINARY	2,280,085

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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
100% OWNER OF REGAL FUNDS MANAGEMENT
REGAL PARTNERS LIMITED
PTY LIMITED
6. Addresses
The addresses of persons named in this form are as follows:
Name Address
LEVEL 47, GATEWAY, 1 MACQUARIE PLACE,
REGAL FUNDS MANAGEMENT PTY LIMITED
SYDNEY NSW 2000
LEVEL 47, GATEWAY, 1 MACQUARIE PLACE,
REGAL PARTNERS LIMITED
SYDNEY NSW 2000
Signature
print name Kenny Ho capacity Company Secretary
sign here date 27/10/2022
Annexure 1
Details of Substantial Holders
ACN Name
107 576 821 REGAL FUNDS MANAGEMENT PTY LIMITED
129 188 450 REGAL PARTNERS LIMITED
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
22/06/2022 Management Pty Limited) Buy 25831.20 4000 Ordinary 4000
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
29/06/2022 Management Pty Limited) Buy 3515946.00 502278 Ordinary 502278
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
29/06/2022 Management Pty Limited) Sell 5726000.00 818000 Ordinary 818000
Regal Funds Management Pty Limited (and Regal
Partners Limited by virtue of control of Regal Funds
29/07/2022 Management Pty Limited) Buy 3205818.66 422374 Ordinary 422374
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29/07/2022	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Sell	3205818.66	422374	Ordinary	422374
1/09/2022	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	19150.36	2269	Ordinary	2269
1/09/2022	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	56729.86	6719	Ordinary	6719
2/09/2022	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	23754.13	2935	Ordinary	2935
2/09/2022	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	69408.54	8456	Ordinary	8456
6/09/2022	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	74553.12	9004	Ordinary	9004
19/09/2022	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	64172.28	9016	Ordinary	9016
19/09/2022	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	22726.27	3198	Ordinary	3198
20/09/2022	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	48243.63	6658	Ordinary	6658
20/09/2022	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	34719.36	4800	Ordinary	4800
20/09/2022	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	28981.60	4000	Ordinary	4000
26/09/2022	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	117718.40	16000	Ordinary	16000
26/09/2022	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	7715156.80	1048255	Ordinary	1048255
26/09/2022	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Sell	3532800.00	480000	Ordinary	480000
28/09/2022	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	148878.00	20000	Ordinary	20000
3/10/2022	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	60733.61	8256	Ordinary	8256
4/10/2022	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	70758.72	9600	Ordinary	9600
11/10/2022	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	7098.06	976	Ordinary	976
11/10/2022	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	5716.42	782	Ordinary	782

13/10/2022	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	37624.38	5301	Ordinary	5301
14/10/2022	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	72063.25	9955	Ordinary	9955
17/10/2022	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	112409.42	15752	Ordinary	15752
18/10/2022	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	14694.34	2008	Ordinary	2008
19/10/2022	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	7207.89	990	Ordinary	990
24/10/2022	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	78157.28	10137	Ordinary	10137
25/10/2022	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Sell	9732032.00	1216504	Ordinary	1216504