SANDFIRE RESOURCES LIMITED — Major Shareholding Notification 2024

Mar 24, 2024

Form603

CorporationsAct2001 Section 671B

Notice of initial substantial holder

	SANDFIRE RESOURCES LIMITED
To Company Name/Scheme
ACN/ARSN	105 154 185
1. Details of substantial holder (1)	YARRA CAPITAL MANAGEMENT LIMITED ACN 003 376 252 (YCML); YARRA FUNDS
Name	MANAGEMENT LIMITED ACN 005 885 567 (YFM); YARRA CAPITAL MANAGEMENT
	HOLDINGS PTY LTD ACN 614 782 795 (YCMH); YARRA MANAGEMENT NOMINEES PTY
	LTD ACN 616 681 068 (YMN); AA AUSTRALIA FINCO PTY LTD ACN 614 781 172 (FINCO);
	TA SP AUSTRALIA TOPCO PTY LTD ACN 612 486 452 (TOPCO); TA UNIVERSAL
	INVESTMENT HOLDINGS LTD (UNIVERSAL); TYNDALL EQUITIES AUSTRALIA PTY LTD
	ACN 149 370 301 (TEAL)
ACN/ARSN(if applicable)	See above
The holder becameasubstantial holderon	21/03/2024

2. Details of votingpower

The total numberof votes attachedto all the voting shares in the companyorvoting interests inthe schemethat the substantial holderoran associate(2) had a relevant interest(3) in on the datethe substantialholderbecame a substantialholderare as follows:

Class ofsecurities(4)	Numberof securities	Person's votes(5)	Voting power(6)
Ordinary Fully Paid Shares	22,863,026	22,863,026	5.00%

3. Details of relevant interests

The natureof the relevant interest the substantial holderoran associatehad in thefollowing voting securities onthe date the substantial holderbecamea substantial holderare as follows:

Holderof relevant interest	Natureof relevant interest (7)	Class and numberof securities
YCML	Relevant interest pursuant to s608(3)(b) of the CorporationsAct (CA), being a relevant interest held through a bodycorporate (TA SP Australia TopCo Pty Limited (TOPCO), AAAustralia FinCo Pty Limited (FINCO), Yarra CapitalManagement Holding Pty Ltd (YCMH), Yarra FundsManagement Limited (YFM)) that YCML controls	Ordinary Fully Paid Shares/22,863,026
UNIVERSAL	Relevant interest pursuant to s608(3)(b) of the CA, being arelevant interest held through a body corporate (TOPCO) thatUNIVERSAL controls	Ordinary Fully Paid Shares /22,863,026
YCMH	Relevant interest pursuant to s608(3)(b) of the CorporationsAct (CA), being a relevant interest held through a bodycorporate (YCML) that YCMH controls	Ordinary Fully Paid Shares /22,863,026
YFM	Relevant interest pursuant to s608(1) of the CA, being thepower to exercise or control the exercise of a right to voteattached to the securities and/or the power to dispose ofsecurities as investment manager of trustee.	Ordinary Fully Paid Shares /22,863,026
YMN	Relevant interest pursuant to s608(3)(a) of the CA, being arelevant interest held through a body corporate (YCMH) inwhich YMN's voting power is more than 20%	Ordinary Fully Paid Shares /22,863,026

FINCO	Relevant interest pursuant to s608(3)(a) of the CA, being arelevant interest held through a body corporate (YCMH) inwhich FINCO's voting power is more than 20%	Ordinary Fully Paid Shares /22,863,026
TOPCO	Relevant interest pursuant to s608(3)(b) of the CA, being arelevant interest held through a body corporate (FINCO) thatTOPCO controls	Ordinary Fully Paid Shares /22,863,026
TEAL	Relevant interest pursuant to s608(1) of the CA, being thepower to exercise or control the exercise of a right to voteattached to the securities and/or the power to dispose ofsecurities as investment manager	Ordinary Fully Paid Shares /3,477

4. Details of present registered holders

The persons registered as holdersof the securities referredto inparagraph3aboveareasfollows:

Holderofrelevantinterest	Registeredholderof securities	Personentitledtobe registeredasholder(8)	Class and number ofsecurities
All substantialholders named in1 above	Citigroup Pty Limited	YFM as the responsibleentity for a range ofmanaged investmentschemes	Ordinary FullyPaid Shares /2,504,297
All substantialholders named in1 above	Citigroup Pty Limited ; JP Morgan NomineesAustralia Ltd; National Australia Bank AssetServicing; Northern Trust Company; StateStreet Australia Limited	Various Clients of YFM	Ordinary FullyPaid Shares /20,358,729

5. Consideration

The consideration paid foreach relevant interest referredto inparagraph3above, and acquiredin thefourmonths prior to theday that the substantial holder becamea substantialholderis as follows:

Holderofrelevantinterest	Date of acquisition	Consideration(9)		Class and number ofsecurities
		Cash	Non-cash
All substantialholders names in 1above	21 November 2023 to 21March 2024	$3,989,711	-	579,442 ordinary fullypaid shares

6. Associates-

The reasonsthe persons namedinparagraph3aboveareassociates of the substantial holderareasfollows:

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

7. Addresses

The addressesof personsnamed inthis form are as follows:

Name	Address
YCML	LEVEL 19, 101 COLLINS STREET, MELBOURNE VICTORIA 3000
YCMH	LEVEL 19, 101 COLLINS STREET, MELBOURNE VICTORIA 3000
YFM	LEVEL 19, 101 COLLINS STREET, MELBOURNE VICTORIA 3000
YMN	LEVEL 19, 101 COLLINS STREET, MELBOURNE VICTORIA 3000
FINCO	LEVEL 19, 101 COLLINS STREET, MELBOURNE VICTORIA 3000
TOPCO	LEVEL 19, 101 COLLINS STREET, MELBOURNE VICTORIA 3000
UNIVERSAL	3RD FLOOR, DEVONSHIRE HOUSE 1 MAYFAIR PLACE, LONDON W1J 8AJ, UNITED KINGDOM
TEAL	LEVEL 19, 101 COLLINS STREET, MELBOURNE VICTORIA 3000

Signature

print name Garvin Louie

capacity COMPANY SECRETARY OF YFM

signhere date 25 / 03 / 2024