Aristocrat Leisure : Becoming a substantial holder

Form 603

Corporations Law

Section 671B

Notice of initial substantial holder

To: Company Name/Scheme	ARISTOCRAT LEISURE LIMITED
ACN/ARSN	002 818 368

1. Details of substantial holder (1)

Name:	UBS Group AG and its related bodies corporate
ACN/ARSN (if applicable)
The holder became a substantial holder on:	23 December 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	Persons' votes (5)	Voting power (6)
Ordinary	34,244,268	34,244,268	5.36%

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
UBS Switzerland AG	Broker with power to exercise discretion over account	18,293	Ordinary
UBS Financial Services Inc.	Broker with power to exercise discretion over account	1,000	Ordinary
UBS AG Hong Kong Branch	Fund Manager with power to exercise control over	240,623	Ordinary
	voting shares
UBS Asset Management	Fund Manager with power to exercise control over	66,522	Ordinary
(Americas) Inc.	voting shares
UBS Asset Management	Fund Manager with power to exercise control over	2,952,386	Ordinary
(Australia) Ltd	voting shares
UBS Asset Management	Fund Manager with power to exercise control over	22,957	Ordinary
(Deutschland) GmbH	voting shares
UBS Asset Management	Fund Manager with power to exercise control over	2,528	Ordinary
(Singapore) Ltd	voting shares
UBS Asset Management (UK)	Fund Manager with power to exercise control over	1,125,648	Ordinary
Limited	voting shares
UBS Asset Management Life	Fund Manager with power to exercise control over	157,373	Ordinary
Limited	voting shares

UBS Asset Management	Fund Manager with power to exercise control over	167,240	Ordinary
Switzerland AG	voting shares
UBS Asset Management Trust	Fund Manager with power to exercise control over	39,645	Ordinary
Company	voting shares
UBS Fund Management	Fund Manager with power to exercise control over	133,093	Ordinary
(Luxembourg) S.A.	voting shares
UBS Fund Management	Fund Manager with power to exercise control over	673,186	Ordinary
(Switzerland) AG	voting shares
UBS AG London Branch	Prime Broker that has exercised its borrowing right in	1,546,590	Ordinary
	respect of shares pursuant to a Prime Broking
	Agreement
UBS Securities Australia Ltd	Beneficial Owner	1,840,134	Ordinary
	Power to control disposal over shares pursuant to stock	13,547,963	Ordinary
	borrowing and lending activities
	Beneficial Owner	585,291	Options
UBS AG, Australia Branch	Prime Broker that has exercised its borrowing right in	11,122,475	Ordinary
	respect of shares pursuant to a Prime Broking
	Agreement
UBS Trustees (Bahamas)	Trustee with power to exercise discretion over account	1,321	Ordinary
Limited

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
Interest	Securities	registered as holder (8)	securities
UBS Switzerland AG	Various Custodians	UBS Switzerland AG	18,293	Ordinary
UBS Financial Services Inc.	Various Custodians	UBS Financial Services Inc.	1,000	Ordinary
UBS AG Hong Kong Branch	Various Custodians	UBS AG Hong Kong Branch	240,623	Ordinary
UBS Asset Management	Various Custodians	UBS Asset Management	66,522	Ordinary
(Americas) Inc.		(Americas) Inc.
UBS Asset Management	Various Custodians	UBS Asset Management	2,952,386	Ordinary
(Australia) Ltd		(Australia) Ltd
UBS Asset Management	Various Custodians	UBS Asset Management	22,957	Ordinary
(Deutschland) GmbH		(Deutschland) GmbH
UBS Asset Management	Various Custodians	UBS Asset Management	2,528	Ordinary
(Singapore) Ltd		(Singapore) Ltd
UBS Asset Management (UK)	Various Custodians	UBS Asset Management	1,125,648	Ordinary
Limited		(UK) Limited
UBS Asset Management Life	Various Custodians	UBS Asset Management Life	157,373	Ordinary
Limited		Limited
UBS Asset Management	Various Custodians	UBS Asset Management	167,240	Ordinary
Switzerland AG		Switzerland AG
UBS Asset Management Trust	Various Custodians	UBS Asset Management	39,645	Ordinary
Company		Trust Company
UBS Fund Management	Various Custodians	UBS Fund Management	133,093	Ordinary
(Luxembourg) S.A.		(Luxembourg) S.A.
UBS Fund Management	Various Custodians	UBS Fund Management	673,186	Ordinary
(Switzerland) AG		(Switzerland) AG
UBS AG London Branch	Citicorp Nominees Pty Ltd	UBS AG London Branch	1,546,590	Ordinary

UBS Securities Australia Ltd	Brispot Nominees Pty Ltd	UBS Securities Australia Ltd	1,840,134	Ordinary
	Warbont Nominees Pty Ltd	UBS Securities Australia Ltd	13,547,963	Ordinary
	N/A	UBS Securities Australia Ltd	585,291	Options
UBS AG, Australia Branch	UBS Nominees Pty Ltd	UBS AG, Australia Branch	11,122,475	Ordinary
UBS Trustees (Bahamas)	Various Custodians	UBS Trustees (Bahamas)	1,321	Ordinary
Limited		Limited

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 interest	Date of acquisition	Consideration (9)	Class and number
of securities
		Cash	Non-cash
Please see Appendix B.

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
UBS Switzerland AG	Related body corporate
UBS Financial Services Inc.	Related body corporate
UBS AG Hong Kong Branch	Related body corporate
UBS Asset Management (Americas) Inc.	Related body corporate
UBS Asset Management (Australia) Ltd	Related body corporate
UBS Asset Management (Deutschland) GmbH	Related body corporate
UBS Asset Management (Singapore) Ltd	Related body corporate
UBS Asset Management (UK) Limited	Related body corporate
UBS Asset Management Life Limited	Related body corporate
UBS Asset Management Switzerland AG	Related body corporate
UBS Asset Management Trust Company	Related body corporate
UBS Fund Management (Luxembourg) S.A.	Related body corporate
UBS Fund Management (Switzerland) AG	Related body corporate
UBS AG London Branch	Related body corporate
UBS Securities Australia Ltd	Related body corporate
Brispot Nominees Pty Ltd	Related body corporate
Warbont Nominees Pty Ltd	Related body corporate
UBS AG, Australia Branch	Related body corporate
UBS Nominees Pty Ltd	Related body corporate
UBS Trustees (Bahamas) Limited	Related body corporate

7. Addresses

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

Name	Addresses
UBS Switzerland AG	Bahnhofstrasse 45, Zürich, Switzerland
UBS Financial Services Inc.	Corporation Service Company 251 Little Falls Drive,
	Wilmington, New Castle / DE , USA
UBS AG Hong Kong Branch	52 Floor Two International Finance Centre 8 Finance Street
	Central, Hong Kong
UBS Asset Management (Americas) Inc.	Corporation Service Company, 251 Little Falls Drive,
	Wilmington, Delaware, USA
UBS Asset Management (Australia) Ltd	Level 16, Chifley Tower, 2 Chifley Square, Sydney, Australia
UBS Asset Management (Deutschland) GmbH	Bockenheimer Landstrasse 2-4, Frankfurt am Main, Germany
UBS Asset Management (Singapore) Ltd	One Raffles Quay #50-01 North Tower, Singapore Singapore
UBS Asset Management (UK) Limited	5 Broadgate, London, United Kingdom
UBS Asset Management Life Limited	5 Broadgate, London, United Kingdom
UBS Asset Management Switzerland AG	Bahnhofstrasse 45, Zürich, Switzerland
UBS Asset Management Trust Company	Illinois Corporation Service Company 801 Adlai Stevenson
	Drive, Springfield, IL, USA
UBS Fund Management (Luxembourg) S.A.	33A avenue J.F. Kennedy, Luxembourg
UBS Fund Management (Switzerland) AG	Aeschenplatz 6, Basel, Switzerland
UBS AG London Branch	5 Broadgate, London, United Kingdom
UBS Securities Australia Ltd	Level 16, Chifley Tower, 2 Chifley Square, Sydney, Australia
Brispot Nominees Pty Ltd	Level 16, Chifley Tower, 2 Chifley Square, Sydney, Australia
Warbont Nominees Pty Ltd	Level 16, Chifley Tower, 2 Chifley Square, Sydney, Australia
UBS AG, Australia Branch	Level 16, Chifley Tower, 2 Chifley Square, Sydney, Australia
UBS Nominees Pty Ltd	Level 16, Chifley Tower, 2 Chifley Square, Sydney, Australia
UBS Trustees (Bahamas) Limited	PO Box N-7757UBS Annex, East Bay St. Nassau New
Providence The Bahamas

SIGNATURE

Print Name:	Andrew Costley	Capacity:	Authorised signatory
Sign Here:		Date:	29 December 2020
Print Name:	Joanne Chan	Capacity:	Authorised signatory
Sign Here:		Date:	29 December 2020

Contact details for this notice:

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Andrew Costley

Group Compliance, Regulatory & Governance

1. + 852 3712 3707
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