PPK GROUP LIMITED — Major Shareholding Notification 2019

May 1, 2019

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	PPK GROUP LIMITED
ACN/ARSN	003 964 181

1. Details of substantial holder(1)

Name	Ignition Capital Pty Ltd (Ignition Capital) (and the other persons listed in paragraph 6).
ACN/ARSN (if applicable)	101 417 896
There was a change in the interests of thesubstantial holder on		20/03/19 to30/04/19
The previous notice was given to the companyon		18/01/2019
The previous notice was dated		18/01/2019

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		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Fully paid ordinary shares(FPO Shares)	4,396,667	6.19%	4,460,404	5.48%

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 are as follows:

Date of	Person whose	Nature of change (6)	Consideration	Class and number	Person's
change	relevant interestchanged		given in relationto change (7)	of securitiesaffected (all FPO	votesaffected
				Shares)
20/03/2019	Ignition Capital No.2Pty Ltd <ignitionSuper Fund A/C>and Ignition CapitalPty Ltd <the ignition<br="">A/C> and R. Levison</ignition	Off-market transfer of266,667 shares fromIgnition Capital No.2Pty Ltd <ignition super<br="">Fund A/C> to IgnitionCapital Pty Ltd <theIgnition A/C></the	Transfer betweenaccounts at $0.73	266,667	266,667
21/03/2019	-	PPK Group Limitedallotted 1,000,000shares to third parties	N/A	-	-
22/03/2019	-	PPK Group Limitedallotted 8,624,482shares to third parties	N/A	-	-
30/04/2019	Ignition Capital No.2Pty Ltd <ignitionSuper Fund A/C>and Robin Levison</ignition	PPP Group Limiteddividend payment 30April 2019 – participationin DividendReinvestment Plan	Dividend of$0.01 per share.Total Dividend of$15,633.34DRP price of$0.82	19,064	19,064
30/04/2019	Ignition Capital PtyLtd <the ignition<br="">A/C> and RobinLevison	PPP Group Limiteddividend payment 30April 2019 – participationin DividendReinvestment Plan	Dividend of$0.01 per share.Total Dividend of$28,233.33DRP price of$0.82	34,430	34,430
30/04/2019	Robin Levison<ella levison<br="" tayt="">A/C>	PPP Group Limiteddividend payment 30April 2019 – participationin DividendReinvestment Plan	Dividend of$0.01 per share.Total Dividend of$200.00DRP price of$0.82	243	243

4. Present relevant interests

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

Holder ofrelevantinterest	Registered holder ofsecurities	Personentitled to beregistered asholder (8)	Nature of relevantinterest (6)	Class andnumber ofsecurities(all FPO Shares)	Person'svotes
IgnitionCapital No.2Pty Ltd	Ignition Capital No.2 PtyLtd <ignition fund<br="" super="">A/C>		power to exercise thevoting rights attachedto, and the disposal of,the shares asregistered holder.	1,582,398	1,582,398
IgnitionCapital PtyLtd <theIgnition A/C></the	Ignition Capital Pty Ltd		power to exercise thevoting rights attachedto, and the disposal of,the shares asregistered holder.	2,857,763	2,857,763
RobinLevison	Ignition Capital Pty LtdIgnition Capital No.2 PtyLtd <ignition fund<br="" super="">A/C>		deemed relevantinterest arising fromcontrol of therespective registeredholders of the sharesreferred to above.	4,440,161	4,440,161
RobinLevison	Robin Levison		power to exercise thevoting rights attachedto, and the disposal of,the shares asregistered holder.	20,243	20,243

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

6. Addresses

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

Name	Address
Ignition Capital Pty LtdACN 101 417 896	Unit 5225 197 King Arthur Terrace, Tennyson ALD 4105
Ignition Capital No.2 Pty LtdACN 154 886 530	Unit 5225 197 King Arthur Terrace, Tennyson ALD 4105
Robin Levison	Unit 5225 197 King Arthur Terrace, Tennyson ALD 4105

Signature

print name	ROBIN LEVISON	capacity	Substantial Holder
sign here		date	02/05/19

DIRECTIONS

• (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 of 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 identify 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.