PERPETUAL RESOURCES LIMITED — Major Shareholding Notification 2021

Mar 7, 2021

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme Perpetual Resources Ltd (PEC) ACN/ARSN 154 516 533 1. Details of substantial holder (1) Name Regal Funds Management Pty Ltd (RFM) ACN/ARSN (if applicable) 107 576 821

The previous notice was given to the company onThe previous notice was datedThere was a change in the interests of the substantialholder on	4/03/2021
	18/02/2021
	16/02/2021

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:

follows:
Class of securities (4)	Previous notice		Current notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
ORDINARY	32,184,005	7.14%	27,945,280	5.88%

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 relevantinterest	Date of acquisition	Consideration (9)	Consideration (9)	Class and number of securities	Class and number of securities	Class and number of securities
	See Annexure 1
4. Present relevant interestsParticulars 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 asholder (8)	Nature ofrelevantinterest (6)	Class andnumber ofsecurities	Person'svotes
CREDIT SUISSE AG	CS THIRD NOMINEES PTYLIMITED		CREDIT SUISSE AG	HOLDER OFSHARES	27,945,280ORDINARY	27,945,280

5. Changes in associatiThe persons who have becwith, the substantial holder	5. Changes in associatiThe persons who have becwith, the substantial holder	onnamed in this form are as follows:print namecapacitysign heredateerestsNature ofChangeConsiderationgiven inrelation tochangeNumber ofsecuritiesaffectedClass ofsecuritiesPersonsvotesaffectedSell44221.73471447Ordinary471447Sell18560.00200000Ordinary200000Sell74490.00715562Ordinary715562Sell40715.60391873Ordinary391873Sell87763.86964438Ordinary964438Sell9092.1095405Ordinary95405Sell126000.001400000Ordinary1400000Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary08/03/2021al Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managementse relevant interest changedal Funds Managemental Funds Managemental Funds ManagementCompanySecretaryARSN (if applicable)PPLICABLENature of associationameIP KINGAddressLEVEL 47 GATEWAY 1 MACQUARIE PLACE SYDNEYNSW 2000KennyHoome associates (2) of, ceased to be associates of, or have changed the nature of their association (9)in relation to voting interests in the company or scheme are as follows:	onnamed in this form are as follows:print namecapacitysign heredateerestsNature ofChangeConsiderationgiven inrelation tochangeNumber ofsecuritiesaffectedClass ofsecuritiesPersonsvotesaffectedSell44221.73471447Ordinary471447Sell18560.00200000Ordinary200000Sell74490.00715562Ordinary715562Sell40715.60391873Ordinary391873Sell87763.86964438Ordinary964438Sell9092.1095405Ordinary95405Sell126000.001400000Ordinary1400000Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary08/03/2021al Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managementse relevant interest changedal Funds Managemental Funds Managemental Funds ManagementCompanySecretaryARSN (if applicable)PPLICABLENature of associationameIP KINGAddressLEVEL 47 GATEWAY 1 MACQUARIE PLACE SYDNEYNSW 2000KennyHoome associates (2) of, ceased to be associates of, or have changed the nature of their association (9)in relation to voting interests in the company or scheme are as follows:	onnamed in this form are as follows:print namecapacitysign heredateerestsNature ofChangeConsiderationgiven inrelation tochangeNumber ofsecuritiesaffectedClass ofsecuritiesPersonsvotesaffectedSell44221.73471447Ordinary471447Sell18560.00200000Ordinary200000Sell74490.00715562Ordinary715562Sell40715.60391873Ordinary391873Sell87763.86964438Ordinary964438Sell9092.1095405Ordinary95405Sell126000.001400000Ordinary1400000Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary08/03/2021al Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managementse relevant interest changedal Funds Managemental Funds Managemental Funds ManagementCompanySecretaryARSN (if applicable)PPLICABLENature of associationameIP KINGAddressLEVEL 47 GATEWAY 1 MACQUARIE PLACE SYDNEYNSW 2000KennyHoome associates (2) of, ceased to be associates of, or have changed the nature of their association (9)in relation to voting interests in the company or scheme are as follows:	onnamed in this form are as follows:print namecapacitysign heredateerestsNature ofChangeConsiderationgiven inrelation tochangeNumber ofsecuritiesaffectedClass ofsecuritiesPersonsvotesaffectedSell44221.73471447Ordinary471447Sell18560.00200000Ordinary200000Sell74490.00715562Ordinary715562Sell40715.60391873Ordinary391873Sell87763.86964438Ordinary964438Sell9092.1095405Ordinary95405Sell126000.001400000Ordinary1400000Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary08/03/2021al Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managementse relevant interest changedal Funds Managemental Funds Managemental Funds ManagementCompanySecretaryARSN (if applicable)PPLICABLENature of associationameIP KINGAddressLEVEL 47 GATEWAY 1 MACQUARIE PLACE SYDNEYNSW 2000KennyHoome associates (2) of, ceased to be associates of, or have changed the nature of their association (9)in relation to voting interests in the company or scheme are as follows:	onnamed in this form are as follows:print namecapacitysign heredateerestsNature ofChangeConsiderationgiven inrelation tochangeNumber ofsecuritiesaffectedClass ofsecuritiesPersonsvotesaffectedSell44221.73471447Ordinary471447Sell18560.00200000Ordinary200000Sell74490.00715562Ordinary715562Sell40715.60391873Ordinary391873Sell87763.86964438Ordinary964438Sell9092.1095405Ordinary95405Sell126000.001400000Ordinary1400000Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary08/03/2021al Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managementse relevant interest changedal Funds Managemental Funds Managemental Funds ManagementCompanySecretaryARSN (if applicable)PPLICABLENature of associationameIP KINGAddressLEVEL 47 GATEWAY 1 MACQUARIE PLACE SYDNEYNSW 2000KennyHoome associates (2) of, ceased to be associates of, or have changed the nature of their association (9)in relation to voting interests in the company or scheme are as follows:	onnamed in this form are as follows:print namecapacitysign heredateerestsNature ofChangeConsiderationgiven inrelation tochangeNumber ofsecuritiesaffectedClass ofsecuritiesPersonsvotesaffectedSell44221.73471447Ordinary471447Sell18560.00200000Ordinary200000Sell74490.00715562Ordinary715562Sell40715.60391873Ordinary391873Sell87763.86964438Ordinary964438Sell9092.1095405Ordinary95405Sell126000.001400000Ordinary1400000Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary08/03/2021al Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managementse relevant interest changedal Funds Managemental Funds Managemental Funds ManagementCompanySecretaryARSN (if applicable)PPLICABLENature of associationameIP KINGAddressLEVEL 47 GATEWAY 1 MACQUARIE PLACE SYDNEYNSW 2000KennyHoome associates (2) of, ceased to be associates of, or have changed the nature of their association (9)in relation to voting interests in the company or scheme are as follows:	onnamed in this form are as follows:print namecapacitysign heredateerestsNature ofChangeConsiderationgiven inrelation tochangeNumber ofsecuritiesaffectedClass ofsecuritiesPersonsvotesaffectedSell44221.73471447Ordinary471447Sell18560.00200000Ordinary200000Sell74490.00715562Ordinary715562Sell40715.60391873Ordinary391873Sell87763.86964438Ordinary964438Sell9092.1095405Ordinary95405Sell126000.001400000Ordinary1400000Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary0Sell0.000Ordinary08/03/2021al Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managemental Funds Managementse relevant interest changedal Funds Managemental Funds Managemental Funds ManagementCompanySecretaryARSN (if applicable)PPLICABLENature of associationameIP KINGAddressLEVEL 47 GATEWAY 1 MACQUARIE PLACE SYDNEYNSW 2000KennyHoome associates (2) of, ceased to be associates of, or have changed the nature of their association (9)in relation to voting interests in the company or scheme are as follows:
Name and ACN/		ARSN (if applicable)		Nature of association
NOT A		PPLICABLE
6. AddressesThe addresses of persons
N		ame		Address
PHIL		IP KING		LEVEL 47 GATEWAY 1 MACQUARIE PLACE SYDNEYNSW 2000
SignatureAnnexure 1Changes in relevant int
Date	Person who	se relevant interest changed		Nature ofChange	Considerationgiven inrelation tochange	Number ofsecuritiesaffected	Class ofsecurities	Personsvotesaffected
22/02/2021	Reg	al Funds Management		Sell	44221.73	471447	Ordinary	471447
23/02/2021	Reg	al Funds Management		Sell	18560.00	200000	Ordinary	200000
24/02/2021	Reg	al Funds Management		Sell	74490.00	715562	Ordinary	715562
25/02/2021	Reg	al Funds Management		Sell	40715.60	391873	Ordinary	391873
26/02/2021	Reg	al Funds Management		Sell	87763.86	964438	Ordinary	964438
1/03/2021	Reg	al Funds Management		Sell	9092.10	95405	Ordinary	95405
4/03/2021	Reg	al Funds Management		Sell	126000.00	1400000	Ordinary	1400000
0/01/19000/01/19000/01/19000/01/19000/01/19000/01/19000/01/19000/01/19000/01/19000/01/19000/01/19000/01/19000/01/19000/01/19000/01/1900RegRegRegRegRegRegRegRegRegRegRegRegRegRegReg

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 NOT APPLICABLE The addresses of persons named in this form are as follows: Name Address LEVEL 47 GATEWAY 1 MACQUARIE PLACE SYDNEY PHILIP KING NSW 2000

6. Addresses

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

Signature

Annexure 1

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
22/02/2021	Regal Funds Management	Sell	44221.73	471447	Ordinary	471447
23/02/2021	Regal Funds Management	Sell	18560.00	200000	Ordinary	200000
24/02/2021	Regal Funds Management	Sell	74490.00	715562	Ordinary	715562
25/02/2021	Regal Funds Management	Sell	40715.60	391873	Ordinary	391873
26/02/2021	Regal Funds Management	Sell	87763.86	964438	Ordinary	964438
1/03/2021	Regal Funds Management	Sell	9092.10	95405	Ordinary	95405
4/03/2021	Regal Funds Management	Sell	126000.00	1400000	Ordinary	1400000