Caltex Australia : Becoming a substantial holder from MFG

603 Page 1 of 2 15 July 2001

		Form 603
		Corporations Act 2001
		Section 671B
		Notice of initial substantial holder
ToCompany Name/Scheme	Ampol Limited
ACN/ARSN	004 201 307
1. Details of substantial holder (1)
Name	Magellan Financial Group Limited and its related bodies corporate in
Annexure A ('Magellan')
ACN/ARSN (if applicable)	Magellan (See Annexure A)

The holder became a substantial holder on 25/09/2020

2. Details of 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 on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)	Number of securities	Person's votes (5)	Voting power (6)
Ordinary fully paid	12,535,002	12,535,002	5.02%
shares

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
Magellan	See Annexure A	Ordinary fully paid
shares:12,535,002

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant	Registered holder of	Person entitled to be	Class and number of securities
interest	securities	registered as holder (8)

See Annexure B

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant	Date of acquisition	Consideration (9)	Class and number of securities
interest
		Cash	Non-cash

See Annexure B

603 Page 2 of 2 15 July 2001

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable)

Nature of association

NA

7. Addresses

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

	Name	Address
	Magellan	MLC Centre, Level 36, 19 Martin Place, Sydney, NSW 2000

Signature

print name	Marcia Venegas	capacity	Company Secretary
sign here
	date	29/09/2020

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 7 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 total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.
6. The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
7. Include details of:
8. 1. any relevant agreement or other circumstances by which the relevant interest was acquired. 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
   2. 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.

1. 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".
2. 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.

ANNEXURE A

1. Details of substantial holder Magellan:

Magellan Financial Group Limited ACN 108 437 592 ("MFG")

Magellan Asset Management Limited trading as Airlie Funds Management ACN 120 593 946 ("MAM")

3. Nature of relevant interest

MAM has a relevant interest in the securities pursuant to section 608(1)(b) and/or section 608(1)(c) of the Corporations Act 2001 (Cth) ("Act"), being a relevant interest arising from:

• having the power to exercise, or control the exercise of, a right to vote attached to the securities; and
• having the power to dispose of, or control the exercise of a power to dispose of, the securities,

in its capacity as responsible entity of the Airlie Australian Share Fund, as trustee of The Airlie Concentrated Share Fund and as investment manager of various Australian Equity institutional mandates.

MFG is an associate of MAM pursuant to section 12(2)(a) of the Act and has a relevant interest in the securities by virtue of section 608(3) of the Act.

ANNEXURE B

4. Details of present registered holders

		Registered Holder		Number of Securities		Class of Securities
		BNP Paribas			1,159,139		Ordinary Fully Paid Shares
		Citi Bank				1,249,102		Ordinary Fully Paid Shares
		JP Morgan			5,584,918		Ordinary Fully Paid Shares
		National Australia Bank			1,052,491		Ordinary Fully Paid Shares
		Northern Trust			3,489,352		Ordinary Fully Paid Shares
		Total				12,535,002
5. Consideration
		Date of Change		Transaction Type	No. of securities		Consideration (Cash AUD)		Class
	4/06/2020		Buy		1,073	$30,447.23	Ordinary Fully Paid Shares
	9/06/2020		Buy		1,061	$30,025.24	Ordinary Fully Paid Shares
	10/06/2020		Buy		200,000	$5,708,760.00	Ordinary Fully Paid Shares
	11/06/2020		Buy		350,000	$9,787,330.00	Ordinary Fully Paid Shares
	12/06/2020		Buy		101,060	$2,808,582.59	Ordinary Fully Paid Shares
	24/06/2020		Buy		395,257	$11,264,824.50	Ordinary Fully Paid Shares
	29/06/2020		Buy		74,177	$2,077,764.53	Ordinary Fully Paid Shares
	30/06/2020		Buy		102,000	$3,000,432.00	Ordinary Fully Paid Shares
	1/07/2020		Buy		8,719	$255,890.44	Ordinary Fully Paid Shares
	8/07/2020		Buy		73,000	$2,033,488.00	Ordinary Fully Paid Shares
	9/07/2020		Buy		41,043	$1,145,920.56	Ordinary Fully Paid Shares
	10/07/2020		Buy		153,339	$4,291,895.54	Ordinary Fully Paid Shares
	24/07/2020		Buy		108,499	$2,992,847.27	Ordinary Fully Paid Shares
	30/07/2020		Buy		161,926	$4,374,150.22	Ordinary Fully Paid Shares
	5/08/2020		Buy		96,112	$2,713,991.43	Ordinary Fully Paid Shares
	7/08/2020		Buy		54,964	$1,596,913.06	Ordinary Fully Paid Shares
	12/08/2020		Buy		175,000	$5,167,575.00	Ordinary Fully Paid Shares
	26/08/2020		Buy		40,660	$1,071,708.15	Ordinary Fully Paid Shares
	17/09/2020		Buy		49,895	$1,175,161.97	Ordinary Fully Paid Shares
	18/09/2020		Buy		85,055	$1,999,126.43	Ordinary Fully Paid Shares
	21/09/2020		Buy		92,621	$2,197,468.83	Ordinary Fully Paid Shares
	23/09/2020		Buy		130,000	$3,043,677.00	Ordinary Fully Paid Shares
	24/09/2020		Buy		72,518	$1,706,290.53	Ordinary Fully Paid Shares
	25/09/2020		Buy		58,606	$1,384,935.97	Ordinary Fully Paid Shares
				Total		2,626,585	$71,859,206.49