READCLOUD LIMITED — Major Shareholding Notification 2020

Aug 16, 2020

Form 603

Corporations Act 2001 Section 67lB

Notice of initial substantial holder

To Company NamelScheme Readcloud Limited
ACN/ARSN	4l136 815 891
1. Details of substantial holder (1)
Name	Brindle Holdings Ptv Ltd (O'Connor SrF ArC>
ACN/ARSN (if applicable)
The holder became a substantial holder on	10 August 2020

2. Details of voting pow€r

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 on the date the substantial holder became a substantial holder are as follouNs:

Glass of securities (4)	Number of securitles	Person's votes (5)	Voting power (6)
Fully Paid Ordinary Shares/'FPOs''l	5,260,000	5,260,000	5.30o/o

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of rclevant interest	Nature of rclevant intereet {7)	Class and number of securities
Brindle Holdings Pty Ltd <o'connor f<br="" s="">A/C></o'connor>	Registered holder	5,260,000 FPOs

4. Details of preeent registerod holderc

The peFons registered as holders of the securities referred to in paragraph 3 above are as follours:

Holder of relevant	Registered holder of	PeFon entltled to be	gtass anq numDer ot
int€rest	securities	reoistered as holder (8)	e€curities
Brindle Holdings Pty Ltd	Brindle Holdings Pty Ltd	Brindle Holdings Pty Ltd	5,260,000 FPOs
<o'connor a="" c="" f="" s=""></o'connor>	<o'cnnnor a="" e="" f="" s=""></o'cnnnor>	<o'connor a="" c="" f="" s=""></o'connor>

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevantinterest	Date of acquisition	Consideration (9)		Class and number ofsecurities
		Gash	Non.cash
Brindle Holdings Pty Ltd<o'connor a="" c="" f="" s=""></o'connor>	05/0612020 tourc8f2020	$882,855		2,510,000 FPOs

6. Assoclates

The reasons the persons named in paragraph 3 above are associates of the subgtantial holder are as follovvs:

Name and ACN/ARSN (if applicable)	Nature of association

7. Addresses

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

Name	Address
Brindle Holdings Pty Ltd<o'connor a="" c="" f="" s=""></o'connor>	5 Tallis Close, Cambenrell, Mctoria,3124

Signature	J-o AA/ kE/Artl<0 2'(CIr'//t/eA		D rfl tr cz-a4 /sa. <t7aky< th=""></t7aky<>
print name	ntrntrtO'cotrruo/(	capacity	Dt R15<:z-dK.
sign here			z.)/4 r/*d

DIRECTIONS

• (1) lf there are a number of substantial holders with similar or related rebvant interests (eg. a corporation and its related corporations, or the *in"gur and trustee of an equity trust), the names could be included in an annexure to the form. lf the relevant interests of a group of p"ooi" are essentially simitar, tirey mly be refered to throughout the form as a sp€cifically named group if the membership of each group' ivitn tne names and addresses of members is clearly set oui in paragraph 7 of the form.
• See the definition of "associate" in section 9 of the Corporations Act 2001 (2)
• See the definition of "relevant interest" in seclions 608 and 6718(7) of the Corporations Act 2001 . (3)
• The voting shares of a company constitute one class unless divided into separate classes. (4)
• The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in. (5)
• The pe6on's votes divided by the total votes in the body corporate or scheme multiplied by 100. (6)
• lnclude details of: (7)
  • (a) any relevant agreement or other circumstances by which the relevant interest was acquired. lf subsection 6718(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 coitraa, scheme or irrangement, must accompany tiis form, together with a written statement certifying this contracl' scheme or anangement; and
  • (b) any qualification of the power of a p€rson 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 Ac{ 2001.

• lf the substantial holder is unable to detemine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown". (8)
• Details of th6 consideration must include any and all benefits, money and other, that any person from whom a relevant inter€st was acquired fui, "i r"v, o"come entiled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the napbeningtr not of a contingency. Details must be included of any benefil paid. on behalf of the substantial holder or its associete in relation i" tfiJ""q-',rei6ons, even if thiy aie not paid diredly to the person from whom the relevant intorest was acquired. (e)