PACIFIC CURRENT GROUP LIMITED — Major Shareholding Notification 2023

Oct 2, 2023

604 page 1/3 15 July 2001

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme Pacific Current Group Ltd ( PAC )

ACN/ARSN 006 708 792

1. Details of substantial holder (1)

Name Regal Partners Limited and Regal Funds Management Pty Ltd (see Annexure 1 ) -

ACN/ARSN (if applicable)

There was a change in the interests of the substantial holder on 28 September 2023 The previous notice was given to the company on 26 July 2023 The previous notice was dated 24 July 2023

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)
Fully paid ordinary shares in PAC (PAC Shares)	16,459,645	31.91% (based on 51,573,734 PAC Shares on issue)	6,246,633	12.11% (based on 51,573,734 PAC Shares on issue)

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:

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
N/A	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
Regal Funds
Management Pty Ltd and its	UBS NOMINEES PTY LTD	UBS AG, AUSTRALIA BRANCH	HOLDER OF SHARES IN PAC	206,936 PAC Shares	206,936
associates
Regal Funds Management Pty Ltd and its associates	MERRILL LYNCH (AUS) NOMINEES PTY LTD	MERRILL LYNCH INTERNATIONAL LIMITED	HOLDER OF SHARES IN PAC	1,840,931 PAC Shares	1,840,931
Regal Funds Management Pty Ltd and its associates	J.P. MORGAN PRIME NOMINEES LTD	J.P MORGAN SECURITIES PLC	HOLDER OF SHARES IN PAC	1,352,984 PAC Shares	1,352,984

	604 page 2/3 15 July2001	604 page 2/3 15 July2001	604 page 2/3 15 July2001	604 page 2/3 15 July2001	604 page 2/3 15 July2001	604 page 2/3 15 July2001	604 page 2/3 15 July2001	604 page 2/3 15 July2001	604 page 2/3 15 July2001
	Regal Partners Limited		Regal Partners Limited		Regal Partners Limited		HOLDER OF SHARES	2,845,782 PAC Shares	2,845,782
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: River Capital Pty Ltd (River Capital) The Funding Co-operation Agreement between River Capital and Regal Partners Limited (RPL) dated 24 July 2023 was terminated on 28 September 2023. RPL and River Capital are no longer associates as a result of that document being terminated. 6. Addresses The addresses of persons named in this form are as follows: Regal Partners Limited Level 47, Gateway, 1 Macquarie Place, Sydney, NSW 2000 Regal Funds Management Pty Ltd Level 47, Gateway, 1 Macquarie Place, Sydney, NSW 2000 Signature print nameIan Cameron capacity Company Secretary (RPL) Director (Regal Funds Management Pty Limited) sign here date 3 October 2023
		Regal Partners Limited				Level 47, Gateway, 1 Macquarie Place, Sydney, NSW 2000
		Regal Funds Management Pty Ltd				Level 47, Gateway, 1 Macquarie Place, Sydney, NSW 2000
		print name sign here
				date 3 October 2023

Annexure 1 Details of Substantial Holders

ACN	Name
107 576 821	Regal Funds Management Pty Ltd
129 188 450	Regal Partners Limited

Annexure 2

This is Annexure 2 of 1 page referred to in the Form 604 ( Notice of change of interests of substantial holder ) in relation to Pacific Current Group Ltd (ACN 006 708 792).

Signed : ________

Name : Ian Cameron

Date : 3 October 2023