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REMSENSE TECHNOLOGIES LIMITED Major Shareholding Notification 2024

Feb 27, 2024

65684_rns_2024-02-27_80646758-e51a-4b17-ab3d-287a032ec38a.pdf

Major Shareholding Notification

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Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme REMSENSE TECHNOLOGIES LIMITED
ACN/ARSN 648 834 771
1. Details of substantial holder (1)
Name Valrich Superannuation Pty Ltd
ACN/ARSN (if applicable) 603 107 624
There was a change in the interests of the
substantial holder on 18/12/23
The previous notice was given to the company on 5/11/21
The previous notice was dated 2/11/21

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)
ORD 14,811,653 18.36% 15,999,153 12.43%

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

Date ofchange Person whoserelevant interestchanged Nature of change (6) Consideration given inrelation to change (7) Class and numberof securitiesaffected Person's votesaffected
14/11/22 Valrich SPP 16c per share 187,500 ORD 187,500
18/12/23 Valrich Rights Issue 2c per share 1,000,000ORD 1,000,000
18/12/23 Issue byCompany of23,001,348shares N/A N/A N/A

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 Person entitled tobe registered asholder $(8)$ Nature of relevant interest (6) Class andnumber ofsecurities Person's votes
RichardPace ValrichSuperannuationPty Ltd Valrich Director/Beneficiary Ord 15,999,153

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
Richard Pace Unit 25, 12 Stone Street, South Perth WA 6151
Valrich SuperannuationPty Ltd As above
Signatureprint name Richard PacecapacityDirector
sign here 2707/2024date

DIRECTIONS

  • If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the $(1)$ 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. $(3)$
  • $(4)$ The voting shares of a company constitute one class unless divided into separate classes.
  • The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(5)$
  • $(6)$ 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 $(8)$