UNIVERSAL STORE HOLDINGS LIMITED — Major Shareholding Notification 2022

Jan 24, 2022

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Level 2, 5 Martin Place Sydney NSW 2000 +61 13 51 53 lennoxcapitalpartners.com.au

25 January 2022

The Manager Company Announcements Office ASX Limited 20 Bridge Street SYDNEY NSW 2000

By electronic lodgement

Dear Sir/Madam

Re: Notice of change of interests of substantial holder – Universal Store Holdings Limited (UNI)

We enclose notice of change of interests of substantial holder in Universal Store Holdings Limited. This notice is given by Lennox Capital Partners Pty Limited.

Yours faithfully

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Linda Matthews

Company Secretary

Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder

To Company Name/Scheme	Universal Store	Holdings Limited
ACN/ARSN	628 836 484
1. Details of substantial holder(1)
Name	Lennox Capital	Partners Pty Limited
ACN/ARSN (if applicable)	617 001 966
There was a change in the interests of the substantial	holder on	21/01/2022
The previous notice was given to the company on		25/11/2021
The previous notice was dated		25/11/2021

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:

Classof securities (4)	Classof securities (4)	Previous notice	Previous notice	Previous notice	Previous notice	Present notice	Present notice	Present notice	Present notice
		Person's votes		Voting power (5)		Person's votes		Voting power (5)
Ordinary Fully Paid		3,851,618		5.26%		5,165,492		7.06%
3. Changes in relevant interests Particulars of each change in, or change in t scheme, since the substantial holder was las		he nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or t required to give a substantial holding notice to the company or scheme are as follows:
Date of change	Person whose relevant interest changed		Nature of change (6)		Consideration given in relation to change (7)		Class and number of securities affected		Person's votes affected
Refer Annexure 1	Lennox Capital Partners Pty Limited		Refer Annexure 1		Refer Annexure 1		Refer Annexure 1		Refer Annexure 1

4. Present relevant interests

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

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Holder of relevant Registered holder of Person entitled to be Nature of relevant interest (6) Class and number of Person's votes
interest securities registered as holder securities
(8)
Lennox Capital Partners J. P. Morgan J. P. Morgan Ordinary Fully Paid 1,218,682 1,218,682
Pty Limited Nominees Nominees securities purchased (Ordinary Fully
Australia Pty Australia Pty on market by Lennox Paid)
Limited Limited Capital Partners Pty
Limited
Lennox Capital Partners HSBC Custody HSBC Custody As above 783,315 (Ordinary 783,315
Pty Limited Nominees Nominees Fully Paid)
(Australia) Limited (Australia)
Limited
Lennox Capital Partners BNP Paribas BNP Paribas As above 1,591,128 1,591,128
Pty Limited Nominees Pty Nominees Pty (Ordinary Fully
Limited Limited Paid)
Lennox Capital Partners Citicorp Nominees Citicorp As above 1,572,367 1,572,367
Pty Limited Pty Limited Nominees Pty (Ordinary Fully
Limited Paid)
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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:

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Name and ACN/ARSN (if applicable) Nature of association
N/A N/A
6. Addresses
The addresses of persons named in this form are as follows:
Name Address
Lennox Capital Partners Pty Limited Level 2, 5 Martin Place, Sydney NSW 2000
Signature
print name Linda Matthews Capacity Company Secretary
sign here date 25/01/2022
DIRECTIONS
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• (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, become 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.

Annexure 1 consists of 1 page/s and is referred to in Form 604 signed by me and dated 25/01/2022

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[Insert Signature Here]
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Linda Matthews Company Secretary of Lennox Capital Partners Pty Limited

Transactions:

Company Name/Scheme: Universal Store Holdings Limited (UNI) As at: 21/01/2022 Class of security: Ordinary Fully Paid

Date of Change	Holder of relevant interest	Nature of Change	Consideration	Number of Securities	Person's Votes Affected
24/11/2021	Lennox Capital Partners PtyLimited	Buy	226,149	29,370	29,370
24/11/2021	As above	Buy	137,953	17,916	17,916
24/11/2021	As above	Buy	280,596	36,441	36,441
24/11/2021	As above	Buy	57,450	7,461	7,461
24/11/2021	As above	Buy	144,852	18,812	18,812
25/11/2021	As above	Buy	367,307	48,014	48,014
25/11/2021	As above	Buy	224,956	29,406	29,406
25/11/2021	As above	Buy	455,167	59,499	59,499
25/11/2021	As above	Buy	92,152	12,046	12,046
25/11/2021	As above	Buy	255,472	33,395	33,395
26/11/2021	As above	Buy	464,379	60,309	60,309
26/11/2021	As above	Buy	295,780	38,413	38,413
26/11/2021	As above	Buy	597,620	77,613	77,613
26/11/2021	As above	Buy	108,732	14,121	14,121
26/11/2021	As above	Buy	358,859	46,605	46,605
21/01/2022	As above	Buy	1,075,426	164,690	164,690
21/01/2022	As above	Buy	789,431	120,893	120,893
21/01/2022	As above	Buy	1,577,700	241,608	241,608
21/01/2022	As above	Buy	161,062	24,665	24,665
21/01/2022	As above	Buy	1,518,858	232,597	232,597
			Total Number of Securities	1,313,874

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