Shareholder Information

Shareholder information set out below is applicable at
02 August 2022

Ordinary Shares

Total number of ordinary shares on issue – 227,956,301

Distribution of Shareholders

Distribution
Number of Shareholders
Number of Shares
Total
3,395
227,956,301
1 - 1,000
1,123
487,408
1,001 - 5,000
1,091
2,838,109
5,001 - 10,000
411
3,099,569
10,001 - 100,000
652
19,598,184
100,001 - 1,000,000
95
26,696,405
1,000,001 - 9,999,999,999
23
175,236,626

Top 20 Shareholders

Number of Shareholders
Number of Shares
% Held
1
HSBC Custody Nominees (Australia) Limited
53,343,336
23.40
2
Merrill Lynch (Australia) Nominees Pty Limited <MLPRO A/C>
21,415,330
9.39
3
BNP Paribas Noms Pty Ltd <DRP>
18,551,015
8.14
4
Citicorp Nominees Pty Ltd
15,336,909
6.73
5
BNP Paribas Nomines Pty Ltd ACF Clearstream
9,968,429
4.37
6
BNP Paribas Nominees Pty Ltd <IB AU NOMS RETAILCLIENT DRP>
9,106,286
3.99
7
Vitrinite Holdings Pty Ltd
7,248,235
3.18
8
J P Morgan Nominees Australia Pty Ltd
5,727,659
2.51
9
Vitrinite Holdings LLC
5,626,226
2.47
10
Mr Carl Eric Holt + Mrs Lorraine Holt <Holt Superfund A/C>
4,397,328
1.93
11
Amalgamated Dairies Ltd
3,296,881
1.45
12
Neweconomy COM AU Nominees Pty Ltd <900 Account>
2,701,474
1.19
13
Berne No 132 Nominees Pty Ltd <594138 A/C>
2,591,880
1.14
14
Vitrinite PTY LTD
2,419,488
1.06
15
HSBC Custody Nominees (Australia) Limited
2,302,154
1.01
16
Mr Samuel Gonzales AFDAL
2,260,000
0.99
17
DDH Graham Limited <The Lugarno Fund A/C>
1,514,138
0.66
18
Monex Boom Securities (HK) LTD <Clients Account>
1,506,836
0.66
19
Mr. Roy Philip Daniel + MRS Donna Mary Daniel <Daniel Superfund A/C>
1,400,000
0.61
20
Marlon Investments PTY LTD <Marlon Investments A/C>
1,300,000
0.57
Top 20 Holders of Ordinary Fully Paid Shares
172,013,604
75.46
Remaining Holders Balance
55,924,697
24.54

Substantial Sharholders*

Name
Ordinary Shares Held
Number of Shares
Percentage
Ruffer LLP
33,477,713
16.10%
Arbiter Partners Capital Management
28,176,730
12.36%
Note *Information based on substantial shareholder notices provided to the Company.

Unquoted Securities

Type of securities
Number
%
1,465,000 unquoted options (comprising of 4 equal tranches of 416,250 options per tranche) to subscribe for ordinary shares exercisable at the following tranche prices of $1.00, $1.25, $1.50 and $1.75 per share respectively, with an expiry date of 08 January 2022.
Persons holding 20% or more;
David McGowan
500,000
34%
James Llorca
500,000
34%
83,000 short term incentive (STI) performance rights were granted at a share price of $0.72, and subject to the satisfaction of remaining as employees and any adjustments in accordance with the rules of the Executive Incentive Plan. The STIs will automatically vest on 30 November 2021.
Persons holding 20% or more;
Peter Alphonso
44,000
53%
James Llorca
39,000
47%
3,730,000 long term incentive (LTI) performance rights were granted. All LTIs are subject to the satisfaction of remaining as employees and any adjustments in accordance with the rules of the Executive Incentive Plan. The LTIs will automatically vest on 13 March 2023.
Persons holding 20% or more;
Nil
-
-
3,850,000 long term incentive (LTI) performance rights were granted. All LTIs are subject to the satisfaction of remaining as employees and any adjustments in accordance with the rules of the Executive Incentive Plan where applicable. Of these LTIs issued, 2,000,000 will vest on 19 March 2024 and 1,850,000 will vest on 1 January 2024.
Persons holding 10% or more;
Raul Villanueva
1,500,000
39%
Andrew Teo
2,000,000
52%