Shareholder Information

Shareholder information set out below is applicable at
02 December 2022

Ordinary Shares

Total number of ordinary shares on issue – 228,393,301

Distribution of Shareholders

Distribution
Number of Shareholders
Number of Shares
Total
3,355
228,393,301
1 - 1,000
1,109
478,700
1,001 - 5,000
1,080
2,822,315
5,001 - 10,000
402
3,044,141
10,001 - 100,000
643
19,117,472
100,001 - 1,000,000
98
26,538,105
1,000,001 - 9,999,999,999
23
176,392,568

Top 20 Shareholders

Number of Shareholders
Number of Shares
% Held
1
HSBC Custody Nominees (Australia) Limited
52,471,564
22.97
2
Merrill Lynch (Australia) Nominees Pty Limited <MLPRO A/C>
21,415,330
9.38
3
Citicorp Nominees Pty Ltd
17,242,928
7.55
4
BNP Paribas Noms Pty Ltd <DRP>
17,171,486
7.52
5
BNP Paribas Nominees Pty Ltd <IB AU NOMS RETAILCLIENT DRP>
10,442,736
4.57
6
BNP Paribas Nominees Pty Ltd ACF Clearstream
9,865,128
4.32
7
J P Morgan Nominees Australia Pty Ltd
7,265,235
3.18
8
Vitrinite Holdings Pty Ltd
7,248,235
3.17
9
Vitrinite Holdings LLC
5,626,226
2.46
10
Mr Carl Eric Holt + Mrs Lorraine Holt <Holt Superfund A/C>
4,397,328
1.93
11
Neweconomy COM AU Nominees Pty Ltd <900 Account>
2,690,958
1.18
12
Berne No 132 Nominees Pty Ltd <594138 A/C>
2,591,880
1.13
13
Vitrinite PTY LTD
2,419,488
1.06
14
HSBC Custody Nominees (Australia) Limited
2,302,874
1.01
15
EST Mr Samuel Gonzales AFDAL
2,260,000
0.99
16
DDH Graham Limited <The Lugarno Fund A/C>
2,250,138
0.99
17
Monex Boom Securities (HK) LTD <Clients Account>
1,740,184
0.76
18
Mr. Roy Philip Daniel + Mrs Donna Mary Daniel <Daniel Superfund A/C>
1,400,000
0.61
19
Marlon Investments PTY LTD <Marlon Investments A/C>
1,300,000
0.57
20
Zilstame Nominees PTY LTD
1,095,786
0.48
Top 20 Holders of Ordinary Fully Paid Shares
173,197,504
75.83
Remaining Holders Balance
55,195,797
24.17

Substantial Shareholders*

Name
Ordinary Shares Held
Number of Shares
Percentage
Ruffer LLP
33,477,713
14.69%
Arbiter Parties
28,066,943
12.31%
Note *Information based on substantial shareholder notices provided to the Company.

Unquoted Securities

Type of securities
Number
%
437,000 Short Term Performance Rights (STI) were issued on 12 October 2021 to various employees under the Company’s Performance Rights Plan. All STI’s are subject to the employees remaining in employment with the Company on the vesting date of12 October 2022.
Persons holding 20% or more;
Raul Villanueva
185,000
42%
1,500,000 Long Term Incentive (LTI) Performance Rights were granted to Raul Villanueva on 7 July  2021 and were approved by shareholders on 24 June 2021. The LTI’s which will vest on 1 January 2024 are subject to performance hurdles and require the employee to remain in employment with the Company till vesting date.

350,000 Long Term Incentive (LTI) Performance Rights were granted to Patrick Warr (CFO)on 4 June 2021. The LTI’s are subject to performance hurdles and will vest on 1 January 2024.

3,730,000 Long Term Incentive (LTI) performance rights were granted on 13 March 2020. All LTI’s 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.