RIVCO AUSTRALIA LTD — Major Shareholding Notification 2021

Jun 17, 2021

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme	DUXTON WATER LIMITED
ACN/ARSN	611 976 517
1. Details of substantial holder (1)Name
ACN/ARSN (if applicable)	ROBERT AND SANDRA PURVES (PURVES GROUP)
The holder became a substantial holder on	06/2021

2. Details of 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 on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)	Number of securities	Person's votes (5)	Voting power (6)
ORDINARY SHARES	6.049.090	6.049.090	5.05

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 relevant interest	Nature of relevant interest (7)	Class and number of securities
SEE ANNEXURE A

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevantinterest	Registered holder ofsecurities	Person entitled to beregistered as holder (8)	Class and numberof securities
SEE ANNEXURE A

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 numberof securities
SEE ANNEXURE B		lash	Non-cash

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

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

7. Addresses

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

Name	Address
PURVES GROUP	SUITE 4, 3B MACQUARIE STREET SYDNEY NSW 2000

Signature

	print name FARNOLA SILVA	capacity AUTHORISES SIGNATORY
sign here		date $(7 06 / 202)$
	DIRECTIONS

• $(1)$ If there are a number of substantial holders with similar or related relevant interests (eq. 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 7 of the form.
• $(2)$ See the definition of "associate" in section 9 of the Corporations Act 2001.
• 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 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 $(5)$ interest in.
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(6)$
• $(7)$ Include details of:
  • $(a)$ any relevant agreement or other circumstances by which the relevant interest was acquired. 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
  • 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 $(b)$ 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.

• 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". $(8)$
• 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, become $(9)$ 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.

Holder ofInterestsRelevant	Nature of relevant interest	RegisteredSecuritiesHolder of	Person entitled tobe registered asholder	Class and number ofSecurities		Person'svotes
PURVES GROUP	having the power to exercise or control exercise of, a right todispose of, or control the exercise of, a power to dispose ofRelevant interest under s.608(1) of the Corporations Actvote attached to the securities and have the power tothe securities.	Investment CoPty LimitedEndurance	Investment Co PtyEnduranceLimitde	ORD	483,824	483,824
PURVES GROUP	having the power to exercise or control exercise of, a right todispose of, or control the exercise of, a power to dispose ofRelevant interest under s.608(1) of the Corporations Actvote attached to the securities and have the power tothe securities.	Investment CoPty LimitedDefender	Investment Co PtyDefenderLimited	ORD	483,825	483,825
PURVES GROUP	having the power to exercise or control exercise of, a right todispose of, or control the exercise of, a power to dispose ofRelevant interest under s.608(1) of the Corporations Actvote attached to the securities and have the power tothe securities.	Investment CoPty LimitedElata	Elata InvestmentCo Pty Limited	GRD	1,136,054	1,136,054
PURVES GROUP	having the power to exercise or control exercise of, a right todispose of, or control the exercise of, a power to dispose ofRelevant interest under s.608(1) of the Corporations Actvote attached to the securities and have the power tothe securities.	Investment CoPty LimitedInari	Inari InvestmentCo Pty Limited	ORD	1,136,054	1,136,054
PURVES GROUP	having the power to exercise or control exercise of, a right todispose of, or control the exercise of, a power to dispose ofRelevant interest under s.608(1) of the Corporations Actvote attached to the securities and have the power tothe securities.	Investment CoPty LimitedOmura	Omura InvestmentCo Pty Limited	ORD	1,136,053	1,136,053
PURVES GROUP	having the power to exercise or control exercise of, a right todispose of, or control the exercise of, a power to dispose ofRelevant interest under s.608(1) of the Corporations Actvote attached to the securities and have the power tothe securities	EnvironmentalPurves PrivateCustodian PtyLimited ATFFund	Limited ATF PurvesEnvironmentalCustodian PtyPrivate Fund	ORD	441,960	441,960
						176/202

ANNEXURE A

This is Annexure A of 2 pages referred to in form 603 Notice of substantial shareholder

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ANNEXURE A

Holder ofInterestsRelevant	Nature of relevant interest	RegisteredSecuritiesHolder of	Person entitled tobe registered asholder	SecuritiesClass andnumberđ	Person'svotes
PURVES GROUP	having the power to exercise or control exercise of, a right topower to dispose ofRelevant interest under s.608(1) of the Corporations Actre the power tovote attached to the securities and havedispose of, or control the exercise of, athe securities.	Pty Limited ATFSEP CustodianPurry BurryTrust	SEP Custodian PtyLimited ATF PurryBurry Trust	ORD	146,690	146,690
PURVES GROUP	having the power to exercise or control exercise of, a right topower to dispose ofRelevant interest under s.608(1) of the Corporations Actre the power tovote attached to the securities and havedispose of, or control the exercise of, athe securities.	Limited ATF TheThe Raymond EFoundationFoundationRaymond EPurvesPurves	Purves FoundationRaymond E PurvesLimited ATF TheThe Raymond EFoundation	ORD	253,130	243,130
PURVES GROUP	having the power to exercise or control exercise of, a right topower to dispose ofRelevant interest under s.608(1) of the Corporations Actre the power tovote attached to the securities and havedispose of, or control the exercise of, athe securities.	REP Super FundREP Super PtyLimited ATF	Limited ATF REPREP Super PtySuper Fund	ORD	778,646	778,646
PURVES GROUP	having the power to exercise or control exercise of, a right topower to dispose ofRelevant interest under s.608(1) of the Corporations Actre the power tovote attached to the securities and havedispose of, or control the exercise of, athe securities.	Limited ATF SEPSEP Super PtySuper Fund	Limited ATF SEPSEP Super PtySuper Fund	ORD	62,854	62,854

$\sim$

Aul Dorper

5. Consideration

			DUXTON WATER LIMITED (D2O)
			Consideration
Holder of relevant					Class and number of
interest	Date of acquisition	Cash	Non-cash		securities
PURVES GROUP	30/05/2018	1.10	exercise options	ORD	3,132,947
PURVES GROUP	20/11/2018	1.30	on mkt buy	ORD	323,077
PURVES GROUP	6/08/2019	1.38	on mkt buy	ORD	3,933
PURVES GROUP	20/08/2019	1.35	on mkt buy	ORD	66,600
PURVES GROUP	23/08/2019	1.33	on mkt buy	ORD	31,105
PURVES GROUP	26/08/2019	1.33	on mkt buy	ORD	35,495
PURVES GROUP	9/09/2019	1.31	on mkt buy	ORD	89,712
PURVES GROUP	11/09/2019	1.30	on mkt buy	ORD	12,599
PURVES GROUP	12/09/2019	1.30	on mkt buy	ORD	12,076
PURVES GROUP	25/10/2019	1.36	on mkt buy	ORD	6,540
PURVES GROUP	26/11/2019	1.39	on mkt buy	ORD	20,646
PURVES GROUP	27/11/2019	1.39	on mkt buy	ORD	30,948
PURVES GROUP	28/11/2019	1.39	on mkt buy	ORD	15,006
PURVES GROUP	2/12/2019	1.37	on mkt buy	ORD	16,788
PURVES GROUP	3/12/2019	1.37	on mkt buy	ORD	1,533
PURVES GROUP	4/12/2019	1.37	on mkt buy	ORD	18,813
PURVES GROUP	5/12/2019	1.38	on mkt buy	ORD	150,000
PURVES GROUP	6/12/2019	1.37	on mkt buy	ORD	11,481
PURVES GROUP	31/07/2020	1.39	on mkt buy	ORD	52,999
PURVES GROUP	3/08/2020	1.39	on mkt buy	ORD	46,806
PURVES GROUP	4/08/2020	1.39	on mkt buy	ORD	19,941
PURVES GROUP	11/08/2020	1.39	on mkt buy	ORD	9,419
PURVES GROUP	12/08/2020	1.39	on mkt buy	ORD	34,656
PURVES GROUP	18/09/2020	1.32	on mkt buy	ORD	53,031
PURVES GROUP	29/09/2020	1.33	on mkt buy	ORD	43,290
PURVES GROUP	30/09/2020	1.32	on mkt buy	ORD	116,666
PURVES GROUP	5/10/2020	1.32	on mkt buy	ORD	9,014
PURVES GROUP	14/10/2020	1.38	on mkt buy	ORD	58,113
PURVES GROUP	22/10/2020	1.37	on mkt buy	ORD	16,582
PURVES GROUP	23/10/2020	1.37	on mkt buy	ORD	33,398
PURVES GROUP	2/11/2020	1.36	on mkt buy	ORD	75,010
PURVES GROUP	3/11/2020	1.36	on mkt buy	ORD	10,590
PURVES GROUP	4/11/2020	1.36	on mkt buy	ORD	8,474
PURVES GROUP	17/11/2020	1.38	on mkt buy	ORD	25,051
PURVES GROUP	18/11/2020	1.38	on mkt buy	ORD	24,732
PURVES GROUP	19/11/2020	1.38	on mkt buy	ORD	1,743
PURVES GROUP	20/11/2020	1.38	on mkt buy	ORD	42,200
PURVES GROUP	24/11/2020	1.38	on mkt buy	ORD	33,649
PURVES GROUP	26/11/2020	1.38	on mkt buy	ORD	24,861
PURVES GROUP	30/11/2020	1.38	on mkt buy	ORD	43,077
PURVES GROUP	11/12/2020	1.40	on mkt buy	ORD	79,845
PURVES GROUP	15/12/2020	1.40	on mkt buy	ORD	77,608
PURVES GROUP	22/12/2020	1.41	on mkt buy	ORD	60,000
PURVES GROUP	30/12/2020	1.40	on mkt buy	ORD	60,555
PURVES GROUP	5/01/2021	1.40	on mkt buy	ORD	24,135
PURVES GROUP	6/01/2021	1.40	on mkt buy	ORD	48,510
PURVES GROUP	31/03/2021	1.35	on mkt buy	ORD	37,215
PURVES GROUP	1/04/2021	1.35	on mkt buy	ORD	127,162
PURVES GROUP	6/04/2021	1.35	on mkt buv	ORD	11.298

All Cycle 2021

$\bar{\beta}$

DUXTON WATER LIMITED (D2O)
		Consideration
Holder of relevant	Date of acquisition			Class and number of
interest		Cash	Non-cash		securities
PURVES GROUP	7/04/2021	1.35	on mkt buy	ORD	22,066
PURVES GROUP	19/04/2021	1.35	on mkt buy	ORD	96,220
PURVES GROUP	20/04/2021	1.33	on mkt buy	ORD	30,000
PURVES GROUP	21/04/2021	1.33	on mkt buy	ORD	70,000
PURVES GROUP	23/04/2021	1.31	on mkt buy	ORD	68,789
PURVES GROUP	26/04/2021	1.31	on mkt buy	ORD	2,982
PURVES GROUP	27/04/2021	1.31	on mkt buy	ORD	25,732
PURVES GROUP	28/04/2021	1.32	on mkt buy	ORD	2,497
PURVES GROUP	3/05/2021	1.32	on mkt buy	ORD	102,500
PURVES GROUP	4/05/2021	1.32	on mkt buy	ORD	42,445
PURVES GROUP	5/05/2021	1.32	on mkt buy	ORD	752
PURVES GROUP	10/05/2021	1.33	on mkt buy	ORD	20,273
PURVES GROUP	11/05/2021	1.33	on mkt buy	ORD	34,030
PURVES GROUP	12/05/2021	1.33	on mkt buy	ORD	100,000
PURVES GROUP	12/05/2021	1.33	on mkt buy	ORD	91,211
PURVES GROUP	13/05/2021	1.33	on mkt buy	ORD	2,065
PURVES GROUP	14/05/2021	1.33	on mkt buy	ORD	5
PURVES GROUP	24/05/2021	1.33	on mkt buy	ORD	9,956
PURVES GROUP	26/05/2021	1.33	on mkt buy	ORD	26,763
PURVES GROUP	17/06/2021	1.36	on mkt buy	ORD	11,875

$\bar{\gamma}$

Du 216/2021

$\bar{\gamma}$