RIVCO AUSTRALIA LTD — Major Shareholding Notification 2017

Nov 19, 2017

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	DUXTON WATER LIMITED
ACN/ARSN	A.C.N. 611 976 517

1. Details of substantial holder(1)

Name	DUXTON VINEYARDS WATER PTY LTD AND DUXTON VINEYARDS PTY LTD
ACN/ARSN (if applicable)	A.C.N. 609 424 786	A.C.N 608 763 515

There was a change in the interests of thesubstantial holder on	13 11 2017//
The previous notice was given to the company on	20 9//2016
The previous notice was dated	16 / 9 /2016

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	26,056,680	40.73%	33,237,989	46.69%

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 ofchange (6)	Considerationgiven in relationto change (7)	Class andnumber ofsecuritiesaffected	Person's votesaffected
13/11/2017	DUXTON VINEYARDS P/L	refer appendix A	refer appendix A	6,610,000	6,610,000
16/11/2017	DUXTON VINEYARDS P/L	Issued under approveddividend reinvestment plan	$77.407.81	73,792	73,792
16/11/2017	DUXTON VINEYARDSWATER P/L	Issued under approveddividend reinvestment plan	$521,895.33	497,517	497,517

4. Present relevant interests

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

Holder ofrelevantinterest	Registeredholder ofsecurities	Person entitledto be registeredas holder (8)	Nature ofrelevantinterest (6)	Class andnumber ofsecurities	Person's votes
	DUXTON VINEYARDS P/L (is registered holder) DUXTON VINEYARDS P/L		REGISTERED HOLDER	10,049,353Ordinary shares	10,049,353
registered holder	DUXTON VINYEARDS WATER P/L (is	DUXTON VINYEARDSWATER P/L	REGISTERED HOLDER	23,188,636Ordinary shares	23,188,636

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
No change

6. Addresses

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

Name	Address
DUXTON VINEYARDS P/L	c/- Tilbrook Rasheed, 13 Greenhill Road, Wayville SA 5034
DUXTON VINEYARDS WATER P/L	c/- Tilbrook Rasheed, 13 Greenhill Road, Wayville SA 5034

Signature

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, becom`e 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 identity 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.

APPENDIX A

To: COMPANY NAME	DUXTON WATER LIMITED
ACN / ARSN	A.C.N 611 976 517

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 ofchange (6)	Considerationgiven in relationto change (7)	Class andnumber ofsecuritiesaffected	Person's votesaffected
13/11/2017	DUXTON VINEYARDS P/L 6,610,000 ordinary	shares were acquired inconsideration for thesale of 2,402 ML ofWater Entitlements toDuxton Water Ltd, asapproved at the DuxtonWater Ltd GeneralMeeting on 18 October2017.	Shares acquired inconsideration for the saleof 2,402 ML of WaterEntitlements to DuxtonWater Ltd	6,610,000	6,610,000

This is annexure A of 1 page referred to in form 604 - Notice of change of interests of substantial holder

Signature

print name MARK ALLEN capacity COMPANY SECRETARY – DUXTON VINEYARDS P/L AND

DUXTON VINEYARDS WATER PTY LTD

sign here date 16 / 11/ 2017