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SWIFT TV LTD — Director's Dealing 2025
Jun 18, 2025
65874_rns_2025-06-18_38b826eb-f750-4b38-80fc-036737d56bc2.pdf
Director's Dealing
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Appendix 3X Initial Director’s Interest Notice
Rule 3.19A.1
Appendix 3X
Initial Director’s Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.
Introduced 30/9/2001.
Name of entity: Swift Networks Group Limited ABN: 54 006 222 395
We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.
| Name of Director | Nicholas Peter Berry |
|---|---|
| Date of appointment | 19 June 2025 |
Part 1 - Director’s relevant interests in securities of which the director is the registered holder
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.
Number & class of securities
N/A
- See chapter 19 for defined terms.
11/3/2002
Appendix 3X Page 1
Appendix 3X Initial Director’s Interest Notice
Part 2 – Director’s relevant interests in securities of which the director is not the registered holder
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Name of holder & nature of Number & class of Securities interest Note: Provide details of the circumstances giving rise to the relevant interest. PURE Asset Management Pty Ltd 228,334,469 fully paid ordinary shares (ACN 616 178 771) in its capacity as trustee for The Income and 43,593,583 warrants, Ex $0.01, Growth Fund* (ABN 80 976 293 EXP 30/09/2025 282)
*Mr Berry is deemed to have the same relevant interests in securities that Pure Asset Management as trustee for the Pure Income and Growth Fund has by virtue of section 608(3)(a) of the Corporations Act.
Part 3 – Director’s interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.
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Detail of contract The Company has entered into the following agreements with Pure Asset Management Pty Ltd as trustee for the Pure Income and Growth Fund ( Pure ): • A$8m secured loan facility dated 11 November 2019 ( Original Loan Facility ) and Warrant Deed; and
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• Variations to the Original Loan Facility reducing the facility to A$6.1m and extending the repayment date to 31 March 2027; and
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• Revised covenants in respect of the Loan Facility pertaining to a minimum cash balance and capital expenditure limits, as detailed in the SW1 ASX Announcement of 25 March 2025 entitled “Swift launches $3.3 million entitlement offer.”
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See chapter 19 for defined terms.
Appendix 3X Page 2
11/3/2002
Appendix 3X Initial Director’s Interest Notice
| Nature of interest | Mr Berry is deemed to have the same relevant interests in securities that Pure Asset Management as trustee for The Pure Income and Growth Fund has by virtue of section 608(3)(a) of the Corporation Act. |
|---|---|
| Name of registered holder (if issued securities) |
JP Morgan Nominees Pty Ltd. |
| No. and class of securities to which interest relates |
The number of Warrants issued pursuant to the Loan and Warrant deed is detailed in Part 2 above. The Warrants are subject to an adjusted exercise pricing mechanism whereby if the Company makes (whether before or during the Exercise Period) a Pro-Rata Issue of Shares (except a Bonus Issue) to Shareholders the Exercise Price of the Warrant is adjusted in accordance with the formula set out in ASX Listing Rule 6.22.2 (but only if such adjustment would result in a reduction to the Exercise Price). |
- See chapter 19 for defined terms.
11/3/2002
Appendix 3X Page 3