Collins Foods : Change in substantial holding from CGF

Sydney

Level 2, 5 Martin Place Sydney NSW 2000 Australia

GPO Box 3698

Sydney NSW 2001www.challenger.com.au

Melbourne	Level 19, 31 Queen Street PO Box 297, Flinders Lane, Melbourne VIC 3000 Telephone [phone] Facsimile 02 9994 7777
Brisbane	Level 6, 215 Adelaide Street, Brisbane QLD 4000 Telephone [phone] Facsimile 07 3136 5407
Perth	Level 26, 140 St Georges Terrace, Perth WA 6000 Telephone [phone]
Adelaide	Level 7, Suite 714, 147 Pirie Street, Adelaide SA 5000 Telephone [phone]

Telephone [phone]

Facsimile 02 9994 7777

1 April 2022

The Manager

Company Announcements Office ASX Limited

20 Bridge Street SYDNEY NSW 2000

By electronic lodgement

Dear Sir/Madam

Re: Notice of change of interests of substantial holder - Collins Foods Limited (CKF)

We attach a notice of change of interests of substantial holder in Collins Foods Limited. This notice is given by Challenger Limited and each of its associated entities named in Annexure 2 to this notice.

Yours faithfully

Linda Matthews Company Secretary

Challenger Limited ABN 85 106 842 371 Challenger Group Services Pty Limited ABN 91 085 657 307

Challenger Life Company Limited ABN 44 072 486 938 AFSL 234670

Challenger Investment Partners Limited ABN 29 092 382 842 AFSL 234 678

Challenger Retirement and Investment Services Limited ABN 80 115 534 453 AFSL295642 RSE Licence No. L0001304

Challenger Mortgage Management Pty Ltd ABN 72 087 271 109 Challenger Securitisation Management Pty Ltd ABN 56 100 346 898 AFSL 244593

Challenger Investment Solutions Management Pty Ltd ABN 63 130 035 353 AFSL 487354

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
Challenger Limited (and its entities listed in Annexure 2)	UBS Nominees Pty Limited	UBS Nominees Pty Limited	Ordinary Fully Paid securities purchased and sold on market and acquired and sold (via off market transfer) by Challenger Limited (and its entities listed in Annexure 2) and obtains a relevant interest by virtue of section 608(3) of the Corporations Act 2001 (Cth)	241,099 (Ordinary Fully Paid)	241,099
Challenger Limited (and its entities listed in Annexure 2)	BNP Paribas Nominees Pty Limited	BNP Paribas Nominees Pty Limited	As above	2,015,343 (Ordinary Fully Paid)	2,015,343
Challenger Limited (and its entities listed in Annexure 2)	Citicorp Nominees Pty Limited	Citicorp Nominees Pty Limited	As above	1,958,293 (Ordinary Fully Paid)	1,958,293

To Company Name/Scheme

ACN/ARSN

COLLINS FOODS LIMITED 151 420 781

1. Details of substantial holder(1)

Name

Challenger Limited (and its entities listed in Annexure 2)

ACN/ARSN (if applicable)

106 842 371

There was a change in the interests of the substantial holder on 30/03/2022

The previous notice was given to the company on 10/03/2021

The previous notice was dated 10/03/2021

2. Previous and present 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 when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Classof securities (4)	Previous notice	Present notice
Person's votes	Voting power (5)	Person's votes	Voting power (5)
Ordinary Fully Paid	7,517,257	6.45%	8,909,589	7.63%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate 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 (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
Refer Annexure 1	Challenger Limited (and its entities listed in Annexure 2)	Refer Annexure 1	Refer Annexure 1	Refer Annexure 1	Refer Annexure 1

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Challenger Limited (and its entities listed in Annexure 2)	J. P. Morgan Nominees Australia Pty Limited	J. P. Morgan Nominees Australia Pty Limited	As above	822,426 (Ordinary Fully Paid)	822,426
Challenger Limited (and its entities listed in Annexure 2)	HSBC Custody Nominees (Australia) Limited	HSBC Custody Nominees (Australia) Limited	As above	2,632,238 (Ordinary Fully Paid)	2,632,238
Challenger Limited (and its entities listed in Annexure 2)	National Nominees Limited	National Nominees Limited	As above	1,240,190 (Ordinary Fully Paid)	1,240,190

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) 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

6. Addresses

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

Name	Address
Challenger Limited (and its entities listed in Annexure 2)	Level 2, 5 Martin Place, Sydney NSW 2000

Signature

print name

Linda Matthews Company Secretary

Capacity

sign here 01/04/2022

date

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 6 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 person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (6) 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.

(7) 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.

• (8) 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".

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

Annexure 1 consists of 6 page/s and is referred to in Form 604 signed by me and dated 01/04/2022

Linda Matthews

Company Secretary of Challenger Limited

Date of Change	Holder of relevant interest	Nature of Change	Consideration	Number of Securities	Person's Votes Affected
09/03/2021	Challenger Limited (and its entities listed in Annexure 2)	Buy	54,019	5,734	5,734
09/03/2021	As above	Buy	7,245	768	768
09/03/2021	As above	Buy	7,292	774	774
09/03/2021	As above	Buy	1,075	114	114
09/03/2021	As above	Buy	22,836	2,424	2,424
09/03/2021	As above	Buy	2,990	317	317
09/03/2021	As above	Buy	17,344	1,841	1,841
09/03/2021	As above	Buy	2,274	241	241
09/03/2021	As above	Buy	118,882	12,619	12,619
09/03/2021	As above	Buy	15,858	1,681	1,681
09/03/2021	As above	Buy	92,513	9,820	9,820
09/03/2021	As above	Buy	12,179	1,291	1,291
09/03/2021	As above	Buy	219,309	23,279	23,279
09/03/2021	As above	Buy	28,810	3,054	3,054
09/03/2021	As above	Buy	73,342	7,785	7,785
09/03/2021	As above	Buy	9,594	1,017	1,017
09/03/2021	As above	Buy	93,060	9,878	9,878
09/03/2021	As above	Buy	12,188	1,292	1,292
09/03/2021	As above	Buy	51,700	5,484	5,484
09/03/2021	As above	Buy	96,932	10,289	10,289
09/03/2021	As above	Buy	12,198	1,293	1,293
10/03/2021	As above	Buy	82,797	8,757	8,757
10/03/2021	As above	Buy	48,364	5,093	5,093
10/03/2021	As above	Buy	11,166	1,181	1,181
10/03/2021	As above	Buy	6,524	687	687
10/03/2021	As above	Buy	34,993	3,701	3,701
10/03/2021	As above	Buy	20,445	2,153	2,153
10/03/2021	As above	Buy	26,587	2,812	2,812
10/03/2021	As above	Buy	15,526	1,635	1,635
10/03/2021	As above	Buy	182,198	19,270	19,270
10/03/2021	As above	Buy	106,432	11,208	11,208
10/03/2021	As above	Buy	141,787	14,996	14,996
10/03/2021	As above	Buy	82,825	8,722	8,722
10/03/2021	As above	Buy	336,106	35,548	35,548
10/03/2021	As above	Buy	196,341	20,676	20,676
10/03/2021	As above	Buy	112,411	11,889	11,889
10/03/2021	As above	Buy	65,666	6,915	6,915
10/03/2021	As above	Buy	142,629	15,085	15,085
10/03/2021	As above	Buy	83,309	8,773	8,773
10/03/2021	As above	Buy	148,557	15,712	15,712
10/03/2021	As above	Buy	86,775	9,138	9,138
11/03/2021	As above	Buy	42,658	4,533	4,533
11/03/2021	As above	Buy	30,133	3,202	3,202

Transactions: Company Name/Scheme: As at:

Class of security:COLLINS FOODS LIMITED (CKF) 30/03/2022

Ordinary Fully Paid

Date of Change	Holder of relevant interest	Nature of Change	Consideration	Number of Securities	Person's Votes Affected
11/03/2021	As above	Buy	77,205	8,204	8,204
11/03/2021	As above	Buy	99,671	10,601	10,601
11/03/2021	As above	Buy	125,980	13,387	13,387
12/03/2021	As above	Buy	55,566	5,890	5,890
30/03/2021	As above	Sell	159,103	‐15,138	15,138
30/03/2021	As above	Sell	142,571	‐13,565	13,565
30/03/2021	As above	Sell	287,853	‐27,388	27,388
30/03/2021	As above	Sell	251,288	‐23,909	23,909
31/03/2021	As above	Sell	197,724	‐18,917	18,917
31/03/2021	As above	Sell	177,269	‐16,960	16,960
31/03/2021	As above	Sell	359,075	‐34,354	34,354
31/03/2021	As above	Sell	311,152	‐29,769	29,769
01/04/2021	As above	Sell	243,725	‐23,636	23,636
01/04/2021	As above	Sell	218,554	‐21,195	21,195
01/04/2021	As above	Sell	436,459	‐42,327	42,327
01/04/2021	As above	Sell	379,529	‐36,806	36,806
14/04/2021	As above	Buy	96,093	8,743	8,743
19/04/2021	As above	Buy	31,584	2,869	2,869
27/04/2021	As above	Sell	160,048	‐13,978	13,978
28/04/2021	As above	Sell	8,363	‐750	750
29/04/2021	As above	Sell	257,686	‐22,990	22,990
29/04/2021	As above	Sell	231,245	‐20,631	20,631
29/04/2021	As above	Sell	451,113	‐40,247	40,247
29/04/2021	As above	Buy	123,712	11,030	11,030
04/05/2021	As above	Sell	521,898	‐46,908	46,908
04/05/2021	As above	Sell	360,482	‐32,400	32,400
05/05/2021	As above	Sell	286,853	‐26,258	26,258
05/05/2021	As above	Buy - Transfer	1,810,125	166,219	166,219
05/05/2021	As above	Sell	198,125	‐18,136	18,136
06/05/2021	As above	Sell	206,352	‐18,998	18,998
06/05/2021	As above	Buy	110,819	10,202	10,202
06/05/2021	As above	Sell	143,517	‐13,213	13,213
07/05/2021	As above	Buy	108,438	10,000	10,000
07/05/2021	As above	Sell	275,294	‐25,376	25,376
10/05/2021	As above	Sell	756,844	‐69,734	69,734
10/05/2021	As above	Buy	60,810	5,607	5,607
11/05/2021	As above	Buy	10,075	933	933
12/05/2021	As above	Buy	1,804	164	164
13/05/2021	As above	Sell	227,984	‐20,977	20,977
13/05/2021	As above	Sell	204,237	‐18,792	18,792
13/05/2021	As above	Sell	401,692	‐36,960	36,960
13/05/2021	As above	Buy	90,374	8,296	8,296
13/05/2021	As above	Sell	291,260	‐26,799	26,799
20/05/2021	As above	Buy	180,223	16,126	16,126
08/06/2021	As above	Sell	96,788	‐7,924	7,924
08/06/2021	As above	Sell	86,626	‐7,092	7,092
08/06/2021	As above	Sell	174,046	‐14,249	14,249
08/06/2021	As above	Sell	136,755	‐11,196	11,196
16/06/2021	As above	Buy - Transfer	1,148,266	93,507	93,507
17/06/2021	As above	Sell	48,595	‐3,954	3,954
18/06/2021	As above	Sell	199,937	‐16,216	16,216
18/06/2021	As above	Sell	178,927	‐14,512	14,512
18/06/2021	As above	Sell	359,852	‐29,186	29,186
18/06/2021	As above	Sell	346,696	‐28,119	28,119
28/06/2021	As above	Sell	168,078	‐13,214	13,214
28/06/2021	As above	Sell	150,423	‐11,826	11,826
28/06/2021	As above	Sell	287,809	‐22,627	22,627
28/06/2021	As above	Sell	254,343	‐19,996	19,996
29/06/2021	As above	Buy	1,388	112	112
29/06/2021	As above	Buy	8,383	673	673