RECKON LIMITED — Major Shareholding Notification 2017

Jul 6, 2017

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To_Company Name/Scheme	RECKON LIMITED (ASX: RKN)
ACN/ARSN	ACN 003 348 730

1. Details of substantial holder (1)

Name	Wilson Asset Management Group (refer entities listed in AnneuxureA)
ACN/ARSN (if applicable)
There was a change in the interests of thesubstantial holder on		05/07/2017
The previous notice was given to the company on		22/06/2017
The previous notice was dated		20/06/2017

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)
Ordinary Shares	12,879,028	11.37%	14,699,935	12.97%

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 ofchange	Person whoserelevant interestchanged	Nature of change (6)	Consideration given inrelation to change (7)	Class and numberof securitiesaffected	Person's votesaffected
SeeAnneuxureв

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 holderof securities	Person entitled to beregistered as holder(8)	Nature of relevantinterest (6)	Class and numberof securities	Person's votes
See
Anneuxurec

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
N/A

6. Addresses

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

Name	Address
Refer to Annexure A	---------------

Signature

print name	Geoff Wilson	capacit	Director
sign here		date	07/07/2017
	يوسون المتواصل_____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.
• See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$
• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $(3)$
• The voting shares of a company constitute one class unless divided into separate classes. $(4)$
• $(5)$ The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
• $(6)$ Include details of:
  • any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) $(a)$ 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
  • any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or $(b)$ 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.

• Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired $(7)$ 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.
• If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write $(8)$ "unknown".
• $(9)$ Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

Annexure A

Wilson Asset Management Group

1. Details of Wilson Asset Management Group

Name	ACN / ARSN
Wilson Asset Management (International) Pty Limited	(ACN 081 047 118)
MAM Pty Limited	(ACN 100 276 542)
WAM Capital Limited	(ACN 086 587 395)
WAM Research Limited	I(ACN 100 504 541)
WAM Active Limited	(ACN 126 420 719)
Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund	(ACN 081 032 000)
WAM Leaders Limited	(ACN 611 053 751)
WAM Microcap Limited	(ACN 617 838 418)
Century Australia Investments Limited	(ACN 107 772 761)

6. Addresses

Name	Address
Wilson Asset Management (International) Pty Limited	Level 11, 139 Macquarie Street, Sydney NSW 2000
MAM Pty Limited	Level 11, 139 Macquarie Street, Sydney NSW 2000
WAM Capital Limited	Level 11, 139 Macquarie Street, Sydney NSW 2000
WAM Research Limited	Level 11, 139 Macquarie Street, Sydney NSW 2000
WAM Active Limited	Level 11, 139 Macquarie Street, Sydney NSW 2000
Botanical Nominees Pty Limited	Level 11, 139 Macquarie Street, Sydney NSW 2000
WAM Leaders Limited	Level 11, 139 Macquarie Street, Sydney NSW 2000
WAM Microcap Limited	Level 11, 139 Macquarie Street, Sydney NSW 2000
Century Australia Investments Limited	Level 12, 680 George Street, Sydney NSW 2000
RBC Investor Services	Level 47, 2 Park Street, Sydney NSW 2000
BNP Paribas Securities Services	Level 4, 60 Castlereagh Street, Sydney NSW 2000

Signed: Date: 07/07/2017

ANNEUXURE B
			Consideration given in	Number of Securities	Class of Securities	Persons votes
Date of Change	Persons whose relevant interest changed	Nature of Change (6)	relation to change (7)	affected	aitected	aftected
	05-Jul-17 WAM Research Limited	On market Purchase	341.172.16		211.443 Ordinary Shares	211.443
	05-Jul-17 WAM Capital Limited	On market Purchase	1.107.059.23		686.105 Ordinary Shares	686,105
	Botanical Nominees Pty Limited ATF Wilson
	05-Jul-17 Asset Management Equity Fund	l On market Purchase	41.853.67		25,939 Ordinary Shares	25,939
	05-Jul-17 WAM Microcap Limited	On market Purchase	177,592.89		110.064 Ordinary Shares	110,064
	05-Jul-17 WAM Research Limited	On market Purchase	154.161.03		95.542 Ordinary Shares	95,542
	05-Jul-17 WAM Capital Limited	lOn market Purchase	1.054.285.12		653.398 Ordinary Shares	653.398
	Botanical Nominees Ptv Limited ATF Wilson
	05-Jul-17 Asset Management Equity Fund	l On market Purchase	18.523.46		11.480 Ordinary Shares	11.480
	06-Jul-17 WAM Microcap Limited	On market Purchase	44,463.96		26,936 Ordinary Shares	26.936

Signed:

ANNEUXURE C
Holder Of Relevant	Registered Holder of Securities	Person entitled to be the registered asholder (8)	Nature of relevent interest(6)	Class and Number ofSecurities	Persons votes
			Management of portfolio
l WAM Research Limited	RBC Investor Services	WAM Research Limited	of investments of WAM Research Limited	3,112,793 ordinaryshares	3.112.793 ordinaryIshares
			Management of portfolio
			of investments of WAM	8.560,719 ordinary	8,560,719 ordinary
WAM Capital Limited	R8C Investor Services	WAM Capital Limited	Capital Limited	lshares	lshares.
			Management of portfolio
			of investments of Botanical
Botanical Nominees Pty Limited			Nominees Pty Limited ATF
ATF Wilson Asset Management		Botanical Nominees Pty Limited ATF Wilson Wilson Asset Management			383,319 ordinary
Equity Fund	RBC Investor Services	Asset Management Equity Fund	Eauity Fund	383,319 ordinary shares shares
			Management of portfolio
			of investments of WAM	2,643,104 ordinary	2,643,104 ordinary
WAM Microcap Limited	IRBC Investor Services	WAM Microcap Limited	Microcap Limited	shares	shares

$\bigotimes_{\text{Date: } 07/07/20017}$

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