Cooper Energy : Form 604 Change of interests of substantial holder L1 Capital Pty Ltd 22 December 2020

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/ Scheme	COOPER ENERGY LIMITED
ACN/ ARSN	096 170 295
1. Details of substantial holder (1)
Name	L1	Capital Pty Ltd
ACN/ ARSN (if applicable)	21	125 378 145

There was a change in the interests of the substantial holder on	21/12/2020
The previous notice was given to the company on	8/10/2020
The previous notice was dated	8/10/2020

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:

	Number of securities		Person's votes (5)
Class of securities (4)	Person's votes	Voting power (5)	Person's votes	Voting power (5)
FPO	140,278,626	8.62%	174,177,701	10.68%

*Based on issued capital of 1,631,026,105 shares

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	Person whose relevant interest		Consideration given in	Class and number of
change	changed	Nature of change (6)	relation to change (7)	securities affected	Person's votes affected
		33,899,075		33,899,075	33,899,075
21/12/2020	L1 Capital Pty Ltd

4. Present relevant interests

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

Holder of		Person entitled to be		Class and number of
relevant
interest	Registered Holder of securities	registered as holder (8)	Nature of relevant interest	securities	Person's votes
See
Schedule 1

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
6. Addresses
The addresses of persons named in this form are as follows:
	Name	Address
	L1 Capital Pty Ltd	Level 28, 101 Collins Street, Melbourne, VIC, 3000

Signature

Print name	Mark Landau	Capacity	Director
Sign here		Date	22/12/2020

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 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

1. 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.

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

Schedule 1 - L1 Capital Pty Ltd change in substantial holding for COOPER ENERGY LIMITED

Details of relevant interests

Holder of relevant interest	Nature of relevant interest	Class and number of securities
L1 Capital Pty Ltd	Power to (or to control) exercise vote and/or dispose	Fully paid ordinary shares	174,177,701
	of the securities as discretionary investment
	managers or advisers of superannuation funds,
	pooled superannuation trusts, managed investment
	schemes and investment management agreements.
Details of present registered holders

Holder of relevant interest	Registered holder of securities	Persons entitled to be a registered holder	Class and number of
			securities
L1 Capital Pty Ltd	Credit Suisse	Credit Suisse	174,177,701 FPO

174,177,701