WAM CAPITAL LIMITED — Major Shareholding Notification 2021

Dec 13, 2021

605 Page 1 of 2 15 July 2001

Form 605

Corporations Act 2001

Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme

ACN/ARSN

Lynch Group Holdings Ltd (ASX:LGL)

ACN: 608 543 219

1. Details of substantial holder (1)

Name Wilson Asset Management Group (refer entities listed in Annexure A)

ACN/ARSN (if applicable)

The holder ceased to be a substantial holder on

The previous notice was given to the company on The previous notice was dated

10/12/2021
25/05/2021
25/05/2021

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) 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 of change	Person whose relevant interest changed	Nature of change (4)	Consideration given in relation to change (5)	Class (6) and number of securities affected	Person's votes affected
See Annexure B

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

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

4. Addresses

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

Name	Address
See Annexure A

Signature

print name

Martyn McCathie

capacity Head of Operations

605 Page 2 of 2 15 July 2001

sign here date 14 / 12 / 2021

DIRECTIONS

• (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 4 of the form.

• (2) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (3) See the definition of "associate" in section 9 of the Corporations Act 2001.

• (4) 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.

• (5) 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.

• (6) The voting shares of a company constitute one class unless divided into separate classes.

• (7) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

Annexure A

Wilson Asset Management Group

1. Details of Wilson Asset Management Group

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Name ACN / ARSN
Wilson Asset Management (International) Pty Limited (ACN 081 047 118)
MAM Pty Limited (ACN 100 276 542)
WAM Capital Limited (ACN 086 587 395)
WAM Research Limited (ACN 100 504 541)
WAM Active Limited (ACN 126 420 719)
Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund (ACN 081 032 000)
WAM Leaders Limited (ACN 611 053 751)
WAM Microcap Limited (ACN 617 838 418)
WAM Global Limited (ACN 624 572 925)
WAM Strategic Value Limited (ACN 649 096 220)
WAM Alternative Assets Limited (ACN 168 941 704)
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4. Addresses

Name Wilson Asset Management (International) Pty Limited MAM Pty Limited WAM Capital Limited WAM Research Limited WAM Active Limited Botanical Nominees Pty Limited WAM Leaders Limited WAM Microcap Limited WAM Alternative Assets Limited WAM Strategic Value Limited WAM Global Limited Citigroup Pty Limited

Address Level 26,1 Farrer Place, Sydney, NSW 2000 Level 26,1 Farrer Place, Sydney, NSW 2000 Level 26,1 Farrer Place, Sydney, NSW 2000 Level 26,1 Farrer Place, Sydney, NSW 2000 Level 26,1 Farrer Place, Sydney, NSW 2000 Level 26,1 Farrer Place, Sydney, NSW 2000 Level 26,1 Farrer Place, Sydney, NSW 2000 Level 26,1 Farrer Place, Sydney, NSW 2000 Level 26,1 Farrer Place, Sydney, NSW 2000 Level 26,1 Farrer Place, Sydney, NSW 2000 Level 26,1 Farrer Place, Sydney, NSW 2000 Level 21, 2 Park Street, Sydney NSW 2000

Signed: _____

Date: 14/12/2021

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ANNEXURE B
Consideration given in Number of Securities Class of Securities Persons votes
Date of Change Persons whose relevant interest changed Nature of Change relation to change (9) affected affected affected
26-May-21 WAM Research Limited On Market Purchase (17,067.69) 4,643 Ordinary Shares 4,643
26-May-21 WAM Capital Limited On Market Purchase (138,464.11) 37,667 Ordinary Shares 37,667
Botanical Nominees Pty Limited as trustee of the
26-May-21 Wilson Asset Management Equity Fund On Market Purchase (4,911.15) 1,336 Ordinary Shares 1,336
28-May-21 WAM Research Limited On Market Purchase (32,196.22) 8,930 Ordinary Shares 8,930
28-May-21 WAM Capital Limited On Market Purchase (142,568.33) 39,543 Ordinary Shares 39,543
Botanical Nominees Pty Limited as trustee of the
28-May-21 Wilson Asset Management Equity Fund On Market Purchase (5,505.45) 1,527 Ordinary Shares 1,527
01-Jun-21 WAM Research Limited On Market Purchase (26,240.06) 7,279 Ordinary Shares 7,279
01-Jun-21 WAM Capital Limited On Market Purchase (147,108.73) 40,808 Ordinary Shares 40,808
Botanical Nominees Pty Limited as trustee of the
01-Jun-21 Wilson Asset Management Equity Fund On Market Purchase (6,896.17) 1,913 Ordinary Shares 1,913
03-Jun-21 WAM Research Limited On Market Purchase (3,527.85) 981 Ordinary Shares 981
03-Jun-21 WAM Capital Limited On Market Purchase (98,927.49) 27,509 Ordinary Shares 27,509
Botanical Nominees Pty Limited as trustee of the
03-Jun-21 Wilson Asset Management Equity Fund On Market Purchase (5,430.24) 1,510 Ordinary Shares 1,510
07-Jun-21 WAM Research Limited On Market Purchase (32,415.18) 9,009 Ordinary Shares 9,009
07-Jun-21 WAM Capital Limited On Market Purchase (35,509.54) 9,869 Ordinary Shares 9,869
Botanical Nominees Pty Limited as trustee of the
07-Jun-21 Wilson Asset Management Equity Fund On Market Purchase (4,037.06) 1,122 Ordinary Shares 1,122
08-Jun-21 WAM Research Limited On Market Purchase (48,612.86) 13,513 Ordinary Shares 13,513
08-Jun-21 WAM Capital Limited On Market Purchase (53,257.22) 14,804 Ordinary Shares 14,804
Botanical Nominees Pty Limited as trustee of the
08-Jun-21 Wilson Asset Management Equity Fund On Market Purchase (6,054.57) 1,683 Ordinary Shares 1,683
09-Jun-21 WAM Research Limited On Market Purchase (40,177.49) 11,261 Ordinary Shares 11,261
09-Jun-21 WAM Capital Limited On Market Purchase (44,016.49) 12,337 Ordinary Shares 12,337
Botanical Nominees Pty Limited as trustee of the
09-Jun-21 Wilson Asset Management Equity Fund On Market Purchase (5,002.11) 1,402 Ordinary Shares 1,402
10-Jun-21 WAM Research Limited On Market Purchase (239,065.54) 63,725 Ordinary Shares 63,725
10-Jun-21 WAM Capital Limited On Market Purchase (665,958.37) 177,517 Ordinary Shares 177,517
Botanical Nominees Pty Limited as trustee of the
10-Jun-21 Wilson Asset Management Equity Fund On Market Purchase (32,855.80) 8,758 Ordinary Shares 8,758
11-Jun-21 WAM Research Limited On Market Purchase (94,975.25) 25,490 Ordinary Shares 25,490
11-Jun-21 WAM Capital Limited On Market Purchase (264,570.70) 71,007 Ordinary Shares 71,007
Botanical Nominees Pty Limited as trustee of the
11-Jun-21 Wilson Asset Management Equity Fund On Market Purchase (13,052.11) 3,503 Ordinary Shares 3,503
15-Jun-21 WAM Research Limited On Market Purchase (254,841.88) 69,023 Ordinary Shares 69,023
15-Jun-21 WAM Capital Limited On Market Purchase (725,732.44) 196,562 Ordinary Shares 196,562
Botanical Nominees Pty Limited as trustee of the
15-Jun-21 Wilson Asset Management Equity Fund On Market Purchase (34,761.40) 9,415 Ordinary Shares 9,415
16-Jun-21 WAM Research Limited On Market Purchase (8,281.25) 2,237 Ordinary Shares 2,237
16-Jun-21 WAM Capital Limited On Market Purchase (23,581.39) 6,370 Ordinary Shares 6,370
Botanical Nominees Pty Limited as trustee of the
16-Jun-21 Wilson Asset Management Equity Fund On Market Purchase (1,129.09) 305 Ordinary Shares 305
30-Jul-21 WAM Research Limited On Market Purchase (78,192.55) 21,691 Ordinary Shares 21,691
30-Jul-21 WAM Capital Limited On Market Purchase (258,949.95) 71,834 Ordinary Shares 71,834
Botanical Nominees Pty Limited as trustee of the
30-Jul-21 Wilson Asset Management Equity Fund On Market Purchase (11,694.09) 3,244 Ordinary Shares 3,244
04-Nov-21 WAM Research Limited On Market Sale 23,917.97 6,845 Ordinary Shares 6,845
04-Nov-21 WAM Capital Limited On Market Sale 77,176.94 22,087 Ordinary Shares 22,087
Botanical Nominees Pty Limited as trustee of the
04-Nov-21 Wilson Asset Management Equity Fund On Market Sale 3,731.83 1,068 Ordinary Shares 1,068
12-Nov-21 WAM Research Limited On Market Purchase (5,657.79) 1,662 Ordinary Shares 1,662
12-Nov-21 WAM Capital Limited On Market Purchase (19,278.03) 5,663 Ordinary Shares 5,663
Botanical Nominees Pty Limited as trustee of the
12-Nov-21 Wilson Asset Management Equity Fund On Market Purchase (786.37) 231 Ordinary Shares 231
15-Nov-21 WAM Research Limited On Market Sale 724,531.95 219,918 Ordinary Shares 219,918
15-Nov-21 WAM Capital Limited On Market Sale 2,469,315.10 749,514 Ordinary Shares 749,514
Botanical Nominees Pty Limited as trustee of the
15-Nov-21 Wilson Asset Management Equity Fund On Market Sale 100,707.96 30,568 Ordinary Shares 30,568
18-Nov-21 WAM Research Limited On Market Purchase (71,245.56) 21,554 Ordinary Shares 21,554
18-Nov-21 WAM Capital Limited On Market Purchase (589,843.44) 178,446 Ordinary Shares 178,446
26-Nov-21 WAM Research Limited On Market Purchase (148,248.99) 43,332 Ordinary Shares 43,332
26-Nov-21 WAM Capital Limited On Market Purchase (515,689.71) 150,732 Ordinary Shares 150,732
Botanical Nominees Pty Limited as trustee of the
26-Nov-21 Wilson Asset Management Equity Fund On Market Purchase (20,308.45) 5,936 Ordinary Shares 5,936
30-Nov-21 WAM Research Limited On Market Purchase (129.28) 38 Ordinary Shares 38
30-Nov-21 WAM Capital Limited On Market Purchase (2,595.96) 763 Ordinary Shares 763
01-Dec-21 WAM Research Limited On Market Purchase (4,857.80) 1,427 Ordinary Shares 1,427
01-Dec-21 WAM Capital Limited On Market Purchase (98,616.49) 28,969 Ordinary Shares 28,969
Botanical Nominees Pty Limited as trustee of the
01-Dec-21 Wilson Asset Management Equity Fund On Market Purchase (3.41) 1 Ordinary Shares 1
02-Dec-21 WAM Research Limited On Market Purchase (536.50) 158 Ordinary Shares 158
02-Dec-21 WAM Capital Limited On Market Purchase (10,920.22) 3,216 Ordinary Shares 3,216
10-Dec-21 WAM Research Limited On Market Sale 2,169,997.33 668,795 Ordinary Shares 668,795
10-Dec-21 WAM Capital Limited On Market Sale 7,576,575.73 2,335,107 Ordinary Shares 2,335,107
Botanical Nominees Pty Limited as trustee of the
10-Dec-21 Wilson Asset Management Equity Fund On Market Sale 311,803.17 96,098 Ordinary Shares 96,098
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Signed: _____ Date: 14/12/2021