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SCHOOLBLAZER LIMITED Major Shareholding Notification 2021

Dec 8, 2021

65751_rns_2021-12-08_86454480-2c69-4afb-989d-3bc031e072b8.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 HGL Limited (ASX: HNG)
ACN/ARSN 009 657 961
Details of substantial holder (1)1.
Name Sery Group
ACN/ARSN (if applicable)
There was a change in the interests of the substantial holder on 3/12/2021
The previous notice was given to the company on 17/5/2021
The previous notice was dated 17/5/2021

Previous and present voting power $\mathbf{2}$

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)
Fully Paid Ordinary (FPO) 28, 133, 157 16.08% 28, 133, 157 13.97%

Changes in relevant interests 3.

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 whose relevant interestchanged Nature of change (6) l Considerationgiven in relationto change $(7)$ l Class and numberl of securitiesl affected Person'svotes affected
3/12/2021 Dilution of ownership interest due to issue of shares under private placement

Present relevant interests 4.

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

Holder of relevantinterest Registered holderof securities Person entitledto be registeredas holder (8) Nature of relevant interest(6) Class and number ofsecurities Person's votes
Sery Pty Ltd Registered Holder 22,065,555 FPO 22,065,555
Wheelmar Distributors Pty Ltd Registered Holder 144,195 FPO 144,195
LPO Investments Pty Ltd Registered Holder 2,879,070 FPO 2,879,070
Jennifer Hershon Registered Holder 1,566,142 FPO 1,566,142
Octavia Holdings Pty Ltd Registered Holder 326,450 FPO 326,450
Majah Pty Ltd Registered Holder 456,125 FPO 456,125
Peter Miller Registered Holder 234,469 FPO 234,469
Comserv (No. 264) Pty Ltd Registered Holder 461,151 FPO 461,151

Changes in association 5.

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantialholder in relation to voting interests in the company or scheme are as fo

Name and ACN/ARSN (ifapplicable) Nature of association

6. Addresses

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

Name Address
Sery Pty Ltd PO Box 227, St Leonards NSW 1590
Wheelmar Distributors Pty Ltd PO Box 227, St Leonards NSW 1590
LPO Investments Pty Ltd PO Box 227, St Leonards NSW 1590
Uennifer Hershon
Octavia Holdings Pty Ltd PO Box 227, St Leonards NSW 1590
Majah Pty Ltd PO Box 227, St Leonards NSW 1590
Peter Miller
Comserv (No. 264) Pty Ltd PO Box 227, St Leonards NSW 1590

Signature

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Peter Miller

capacity

date

Director (Sery Pty Ltd)

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7/12/2021