READCLOUD LIMITED — Major Shareholding Notification 2020

Nov 24, 2020

TIGA TRADING PTY LTD ABN 95 118 961 210

Level 39, 55 Collins Street, Melbourne Vic 3000 Telephone: +61 3 9921 7116 Facsimile: +61 3 9921 7100

25 November 2020

BY ASX ONLINE - 4 pages

Manager Company Announcements ASX Limited Level 10 20 Bond Street SYDNEY 2000

Dear Sir/Madam,

Change of interests of substantial holder ReadCloud Limited [ASX:RCL]

Attached is a Form 604 Notice of change of interests of substantial holder dated 25 November 2020 in accordance with section 671B of the Corporations Act 2001 .

Yours sincerely,

==> picture [144 x 67] intentionally omitted <==

AVEE WAISLITZ Secretary

Notice of change of interests of substantial holder

Form 604

Corporations Act 2001 Section 671B

To: company name/scheme READCLOUD LIMITED

ABN 44 136 815 891

1. Details of substantial holder

Name

Name TIGA Trading Pty Ltd and each of the entities listed in the attached Annexure “A” to this notice.

ACN (if applicable) 118 961 210

There was a change in the interests of the substantial holder on 23-Nov-20 The previous notice was given to the company on 27-Mar-20 The previous notice was dated 27-Mar-20

2. Previous and present voting power

The total number of shares votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate had a relevant interest 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	Previous Notice	Previous Notice	Present Notice	Present Notice
	Person’s votes	Voting power	Person’s votes	Voting power
Fully Paid Ordinary Shares	10,509,589	10.73%	13,147,358	12.16%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, relevant interests 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 Change	Person whose relevant interest changed	Nature of change	Consideration given in relation to **Change **	Number and class of securities affected	Person’s votes affected
30-Mar-20	Thorney Technologies Ltd	Deemed relevant interest by virtue of section 608(3) of the Corporations Act 2001 (and section 608(1) for Thorney Management Services Pty Ltd) in shares sold by Thorney Technologies Ltd	$Nil	47,850 ordinaryshares	47,850
07-Apr-20	Thorney Technologies Ltd		$Nil	6,475 ordinaryshares	6,475
14-Apr-20	Thorney Technologies Ltd		$Nil	71,780 ordinaryshares	71,780
27-Apr-20	Thorney Technologies Ltd		$Nil	7,500 ordinaryshares	7,500
30-Apr-20	Thorney Technologies Ltd		$Nil	9,500 ordinaryshares	9,500
30-Oct-20	TIGA Trading Pty Ltd	Market sale	$0.40 per share	61,307 ordinaryshares	61,307
02-Nov-20	TIGA Trading Pty Ltd	Market sale	$0.40 per share	18,693 ordinaryshares	18,693
06-Nov-20	TIGA Trading Pty Ltd	Market sale	$0.40 per share	44,411 ordinaryshares	44,411
09-Nov-20	TIGA Trading Pty Ltd	Market sale	$0.40 per share	75,589 ordinaryshares	75,589
18-Nov-20	TIGA Trading Pty Ltd	Options exercised	$0.30 per share	1,666,666 ordinaryshares	1,666,666
23-Nov-20	Thorney Technologies Ltd	Deemed relevant interest by virtue of section 608(3) of the Corporations Act 2001 (and section 608(1) for ThorneyManagement Services Pty	$Nil	1,666,666 ordinary shares	1,666,666

		Ltd) in shares purchased via options exercised by Thorney Technologies Ltd
23-Nov-20	TIGA Trading Pty Ltd	Market sale	$0.56 per share	150,000 ordinaryshares	150,000
23-Nov-20	Thorney Technologies Ltd	Deemed relevant interest by virtue of section 608(3) of the Corporations Act 2001 (and section 608(1) for Thorney Management Services Pty Ltd) in shares sold by Thorney Technologies Ltd	$Nil	150,000 ordinaryshares	150,000
25-Nov-20	Thorney Technologies Ltd		$Nil	26,229 ordinary shares	26,229
25-Nov-20	TIGA Trading Pty Ltd	Market sale	$0.60 per share	26,229 ordinaryshares	26,229

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	Number and class of securities
Thorney Investment Group	UBS Nominees Pty Ltd	TIGA Trading Pty Ltd	6,223,993 ordinary shares
Thorney Technologies Ltd ThorneyInvestment Group	HSBC Custody Nominees (Australia)Ltd	Thorney Technologies Ltd	5,895,587 ordinary shares
Urban Land Nominees Pty Ltd	Urban Land Nominees Pty Ltd	Urban Land Nominees PtyLtd	388,889 ordinary shares
Coastal Estates Pty Ltd	Coastal Estates Pty Ltd	Coastal Estates Pty Ltd	388,889 ordinary shares
Jasforce Pty Ltd	Jasforce Pty Ltd	Jasforce Pty Ltd	250,000 ordinary shares

5. Changes in association

The persons who have become associates of, ceased to be associates of, or have changed the nature of their association with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name Nature of association

6. Addresses

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

Name	Address
ThorneyTechnologies Ltd,ACN 096 782 188	Level 39,55 Collins Street,Melbourne 3000
Tiga TradingPtyLtd,ACN 118 961 210	Level 39,55 Collins Street,Melbourne 3000
Thorney Investment Group Australia Pty Ltd ACN 117 488 892	Level 39, 55 Collins Street, Melbourne 3000
Jamahjo Pty Ltd ACN 117 488 696	c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121
Urban Land Nominees Pty Ltd, ACN 004 753 066	c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121
Coastal Estates Pty Ltd ACN 004 481 154	c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121
Jasforce Pty Ltd ACN 007 167 713	c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121

Signature

Print name AVEE WAISLITZ Sign here

Capacity SECRETARY

Date: 25 November 2020

==> picture [145 x 67] intentionally omitted <==

ANNEXURE ‘A’

This is Annexure A referred to in the Form 604 Notice of change of interests of substantial holder signed by me and dated 25 November 2020.

==> picture [144 x 66] intentionally omitted <==

......................................... AVEE WAISLITZ Secretary

SUBSTANTIAL HOLDERS - ENTITY DETAILS

	Entity	Address
	Thorney Investment Group
	Jamahjo Pty Ltd, ACN 117 488 696	c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121
	Thistle Custodians PtyLtd,ACN 078 027 193	Level 39,55 Collins Street,Melbourne 3000
	Thistle Holdings PtyLtd, ACN 075 051 464	Level 39, 55 Collins Street, Melbourne 3000
	ThorneyAlpha PtyLtd,ACN 162 820 537	Level 39,55 Collins Street,Melbourne 3000
	ThorneyBeta PtyLtd, ACN 162 828 677	Level 39, 55 Collins Street, Melbourne 3000
	ThorneyHoldings PtyLtd,ACN 006 262 835	Level 39,55 Collins Street,Melbourne 3000
	ThorneyInternational PtyLtd, ACN 132 886 698	Level 39, 55 Collins Street, Melbourne 3000
	Thorney Investment Group Australia Pty Ltd, ACN 117 488 892	Level 39, 55 Collins Street, Melbourne 3000
	ThorneyManagement Services PtyLtd,ACN 164 880 148	Level 39,55 Collins Street,Melbourne 3000
	ThorneyOmega PtyLtd, ACN 163 964 636	Level 39, 55 Collins Street, Melbourne 3000
	TIGA PropertyPtyLtd,ACN 117 811 453	Level 39,55 Collins Street,Melbourne 3000
	TIGA(Ballarat)PtyLtd, ACN 117 812 030	Level 39, 55 Collins Street, Melbourne 3000
	TIGA Finance PtyLtd,ACN 118 521 412	Level 39,55 Collins Street,Melbourne 3000
	TIGA(Hawthorn)PtyLtd, ACN 126 952 663	Level 39, 55 Collins Street, Melbourne 3000
	TIGA Tails PtyLtd,ACN 080 534 416	Level 39,55 Collins Street,Melbourne 3000
	TIGA TradingPtyLtd, ACN 118 961 210	Level 39, 55 Collins Street, Melbourne 3000
	Other associates
	Coastal Estates Pty Ltd, ACN 004 481 154	c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121
	Jasforce Pty Ltd, ACN 007 167 716	c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121
	Urban Land Nominees Pty Ltd, ACN 004 753 066	c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121
	ThorneyTechnologies Ltd , ACN 096 782 188	Level 39, 55 Collins Street, Melbourne 3000