Enero : Change in substantial holding from WAM, WMI, WAX

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme

Enero Group Limited (ASX: EGG)

ACN/ARSN

ACN 091 524 515

1. Details of substantial holder (1)

Name

Wilson Asset Management Group (refer entities listed in Annexure A)

ACN/ARSN (if applicable)

There was a change in the interests of the
substantial holder on	29/03/2022
The previous notice was given to the company on	27/10/2021
The previous notice was dated	27/10/2021
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:

Class of securities (4)	Previous notice	Present notice
Person's votes	Voting power (5)	Person's votes	Voting power (5)
Ordinary Shares	7,726,050	8.78%	8,723,649	9.91 %

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 to Annexure B

4. Present relevant interests

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

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
Refer to Annexure C

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
Refer to Annexure A

Signature

print name

sign here

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 A

Wilson Asset Management Group

1. Details of Wilson Asset Management Group

Name	ACN / ARSN
Wilson Asset Management (International) Pty Limited	(ACN 081 047 118)
MAM Pty Limited	(ACN 100 276 542)
WAM Capital Limited	(ACN 086 587 395)
WAM Research Limited	(ACN 100 504 541)
WAM Active Limited	(ACN 126 420 719)
Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund	(ACN 081 032 000)
WAM Leaders Limited	(ACN 611 053 751)
WAM Microcap Limited	(ACN 617 838 418)
WAM Global Limited	(ACN 624 572 925)
WAM Strategic Value Limited	(ACN 649 096 220)
WAM Alternative Assets Limited	(ACN 168 941 704)

Name	Address
Wilson Asset Management (International) Pty Limited	Level 26,1 Farrer Place, Sydney, NSW 2000
MAM Pty Limited	Level 26,1 Farrer Place, Sydney, NSW 2000
WAM Capital Limited	Level 26,1 Farrer Place, Sydney, NSW 2000
WAM Research Limited	Level 26,1 Farrer Place, Sydney, NSW 2000
WAM Active Limited	Level 26,1 Farrer Place, Sydney, NSW 2000
Botanical Nominees Pty Limited	Level 26,1 Farrer Place, Sydney, NSW 2000
WAM Leaders Limited	Level 26,1 Farrer Place, Sydney, NSW 2000
WAM Microcap Limited	Level 26,1 Farrer Place, Sydney, NSW 2000
WAM Alternative Assets Limited	Level 26,1 Farrer Place, Sydney, NSW 2000
WAM Strategic Value Limited	Level 26,1 Farrer Place, Sydney, NSW 2000
WAM Global Limited	Level 26,1 Farrer Place, Sydney, NSW 2000
Citigroup Pty Limited	Level 21, 2 Park Street, Sydney NSW 2000

6. Addresses

Signed: _______________________

Date: 31/03/2022

ANNEXURE B

Date of Change	Persons whose relevant interest changed	Nature of Change	Consideration given in relation to change (9)	Number of Securities affected	Class of Securities affected	Persons votes affected
29-Oct-21	WAM Research Limited	On Market Sale	52,988.81	13,073	Ordinary Shares	13,073
29-Oct-21	WAM Capital Limited	On Market Sale	444,955.17	109,776	Ordinary Shares	109,776
29-Oct-21	Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund	On Market Sale	8,718.65	2,151	Ordinary Shares	2,151
23-Nov-21	WAM Research Limited	On Market Purchase	(10,024.85)	2,586	Ordinary Shares	2,586
23-Nov-21	WAM Capital Limited	On Market Purchase	(35,505.65)	9,159	Ordinary Shares	9,159
23-Nov-21	Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund	On Market Purchase	(1,337.42)	345	Ordinary Shares	345
24-Nov-21	WAM Research Limited	On Market Purchase	(41,563.99)	10,695	Ordinary Shares	10,695
24-Nov-21	WAM Capital Limited	On Market Purchase	(147,201.46)	37,877	Ordinary Shares	37,877
24-Nov-21	Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund	On Market Purchase	(5,549.64)	1,428	Ordinary Shares	1,428
25-Nov-21	WAM Research Limited	On Market Purchase	(83,597.21)	21,390	Ordinary Shares	21,390
25-Nov-21	WAM Capital Limited	On Market Purchase	(296,068.57)	75,755	Ordinary Shares	75,755
25-Nov-21	Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund	On Market Purchase	(11,158.02)	2,855	Ordinary Shares	2,855
29-Nov-21	WAM Research Limited	On Market Purchase	(81,855.33)	21,390	Ordinary Shares	21,390
29-Nov-21	WAM Capital Limited	On Market Purchase	(289,899.52)	75,755	Ordinary Shares	75,755
29-Nov-21	Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund	On Market Purchase	(10,925.52)	2,855	Ordinary Shares	2,855
09-Dec-21	WAM Microcap Limited	On Market Purchase	(6,957.68)	1,791	Ordinary Shares	1,791
09-Dec-21	WAM Research Limited	On Market Purchase	(4,020.77)	1,035	Ordinary Shares	1,035
09-Dec-21	WAM Capital Limited	On Market Purchase	(14,241.68)	3,666	Ordinary Shares	3,666
09-Dec-21	Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund	On Market Purchase	(536.10)	138	Ordinary Shares	138
10-Dec-21	WAM Microcap Limited	On Market Purchase	(36,358.50)	9,357	Ordinary Shares	9,357
10-Dec-21	WAM Research Limited	On Market Purchase	(21,017.75)	5,409	Ordinary Shares	5,409
10-Dec-21	WAM Capital Limited	On Market Purchase	(74,434.49)	19,156	Ordinary Shares	19,156
10-Dec-21	Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund	On Market Purchase	(2,805.47)	722	Ordinary Shares	722
16-Dec-21	WAM Microcap Limited	On Market Purchase	(1,061.38)	272	Ordinary Shares	272
16-Dec-21	WAM Research Limited	On Market Purchase	(616.54)	158	Ordinary Shares	158
16-Dec-21	WAM Capital Limited	On Market Purchase	(2,173.50)	557	Ordinary Shares	557
16-Dec-21	Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund	On Market Purchase	(81.94)	21	Ordinary Shares	21
17-Dec-21	WAM Microcap Limited	On Market Purchase	(20,787.52)	5,402	Ordinary Shares	5,402
17-Dec-21	WAM Research Limited	On Market Purchase	(12,013.81)	3,122	Ordinary Shares	3,122
17-Dec-21	WAM Capital Limited	On Market Purchase	(42,556.31)	11,059	Ordinary Shares	11,059
17-Dec-21	Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund	On Market Purchase	(1,604.66)	417	Ordinary Shares	417
12-Jan-22	WAM Microcap Limited	On Market Purchase	(30,083.00)	7,734	Ordinary Shares	7,734
17-Jan-22	WAM Microcap Limited	On Market Purchase	(15,801.66)	4,170	Ordinary Shares	4,170
18-Jan-22	WAM Microcap Limited	On Market Purchase	(486.46)	130	Ordinary Shares	130
21-Jan-22	WAM Microcap Limited	On Market Purchase	(177,008.33)	48,972	Ordinary Shares	48,972
21-Jan-22	WAM Research Limited	On Market Purchase	(117,322.44)	32,459	Ordinary Shares	32,459
21-Jan-22	WAM Capital Limited	On Market Purchase	(245,383.47)	67,889	Ordinary Shares	67,889
21-Jan-22	Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund	On Market Purchase	(9,047.04)	2,503	Ordinary Shares	2,503
24-Jan-22	WAM Microcap Limited	On Market Purchase	(87,676.93)	25,000	Ordinary Shares	25,000
25-Jan-22	WAM Microcap Limited	On Market Purchase	(192,122.73)	57,075	Ordinary Shares	57,075
25-Jan-22	WAM Research Limited	On Market Purchase	(127,765.40)	37,956	Ordinary Shares	37,956
25-Jan-22	WAM Capital Limited	On Market Purchase	(352,731.61)	104,788	Ordinary Shares	104,788
25-Jan-22	Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund	On Market Purchase	(13,114.50)	3,896	Ordinary Shares	3,896
27-Jan-22	WAM Microcap Limited	On Market Purchase	(108,562.76)	31,872	Ordinary Shares	31,872
28-Jan-22	WAM Microcap Limited	On Market Purchase	(5,646.48)	1,638	Ordinary Shares	1,638
04-Feb-22	WAM Research Limited	On Market Purchase	(23,498.65)	6,188	Ordinary Shares	6,188
04-Feb-22	WAM Capital Limited	On Market Purchase	(81,854.15)	21,555	Ordinary Shares	21,555
04-Feb-22	Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund	On Market Purchase	(3,083.54)	812	Ordinary Shares	812
14-Feb-22	WAM Microcap Limited	On Market Purchase	(36,517.16)	10,000	Ordinary Shares	10,000
16-Feb-22	WAM Microcap Limited	On Market Purchase	(118,843.70)	32,124	Ordinary Shares	32,124
16-Feb-22	WAM Research Limited	On Market Purchase	(14,568.73)	3,938	Ordinary Shares	3,938
16-Feb-22	WAM Capital Limited	On Market Purchase	(50,746.45)	13,717	Ordinary Shares	13,717
16-Feb-22	Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund	On Market Purchase	(1,912.66)	517	Ordinary Shares	517
17-Feb-22	WAM Microcap Limited	On Market Purchase	(109,472.09)	27,954	Ordinary Shares	27,954
17-Feb-22	WAM Research Limited	On Market Purchase	(61,146.78)	15,614	Ordinary Shares	15,614
17-Feb-22	WAM Capital Limited	On Market Purchase	(212,975.96)	54,384	Ordinary Shares	54,384
17-Feb-22	Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund	On Market Purchase	(8,020.28)	2,048	Ordinary Shares	2,048
18-Feb-22	WAM Microcap Limited	On Market Purchase	(153,783.13)	40,985	Ordinary Shares	40,985
21-Feb-22	WAM Microcap Limited	On Market Sale	1,845,941.09	495,363	Ordinary Shares	495,363
21-Feb-22	WAM Research Limited	On Market Sale	178,336.29	47,857	Ordinary Shares	47,857
21-Feb-22	WAM Capital Limited	On Market Sale	767,028.30	205,834	Ordinary Shares	205,834
21-Feb-22	Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund	On Market Sale	28,399.21	7,621	Ordinary Shares	7,621
23-Feb-22	WAM Microcap Limited	On Market Purchase	(5,933.33)	1,651	Ordinary Shares	1,651
23-Feb-22	WAM Research Limited	On Market Purchase	(3,945.96)	1,098	Ordinary Shares	1,098
23-Feb-22	WAM Capital Limited	On Market Purchase	(13,620.41)	3,790	Ordinary Shares	3,790
23-Feb-22	Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund	On Market Purchase	(513.91)	143	Ordinary Shares	143
24-Feb-22	WAM Research Limited	On Market Purchase	(133,604.10)	38,488	Ordinary Shares	38,488
24-Feb-22	WAM Capital Limited	On Market Purchase	(538,686.11)	155,182	Ordinary Shares	155,182
24-Feb-22	Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund	On Market Purchase	(21,973.45)	6,330	Ordinary Shares	6,330
25-Feb-22	WAM Research Limited	On Market Purchase	(15,236.07)	4,410	Ordinary Shares	4,410
25-Feb-22	WAM Capital Limited	On Market Purchase	(54,749.66)	15,847	Ordinary Shares	15,847
25-Feb-22	Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund	On Market Purchase	(2,224.95)	644	Ordinary Shares	644
28-Feb-22	WAM Microcap Limited	On Market Purchase	(16,697.16)	4,844	Ordinary Shares	4,844
28-Feb-22	WAM Research Limited	On Market Purchase	(11,474.99)	3,329	Ordinary Shares	3,329
28-Feb-22	WAM Capital Limited	On Market Purchase	(39,816.05)	11,551	Ordinary Shares	11,551
28-Feb-22	Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund	On Market Purchase	(1,506.33)	437	Ordinary Shares	437
02-Mar-22	WAM Microcap Limited	On Market Purchase	(175,368.88)	50,000	Ordinary Shares	50,000
03-Mar-22	WAM Microcap Limited	On Market Purchase	(19,434.81)	5,624	Ordinary Shares	5,624
04-Mar-22	WAM Microcap Limited	On Market Purchase	(143,640.25)	41,594	Ordinary Shares	41,594
07-Mar-22	WAM Research Limited	On Market Purchase	(24,440.60)	7,251	Ordinary Shares	7,251
07-Mar-22	WAM Capital Limited	On Market Purchase	(84,805.62)	25,160	Ordinary Shares	25,160
07-Mar-22	Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund	On Market Purchase	(3,208.87)	952	Ordinary Shares	952
08-Mar-22	WAM Research Limited	On Market Purchase	(7,991.27)	2,405	Ordinary Shares	2,405

08-Mar-22

WAM Capital Limited

On Market Purchase

(151,860.72)

45,703

Ordinary Shares

45,703

08-Mar-22

Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund

On Market Purchase

(6,286.68)

1,892

Ordinary Shares

1,892

10-Mar-22

WAM Research Limited

On Market Purchase

(10,317.61)

3,032

Ordinary Shares

3,032

10-Mar-22

WAM Capital Limited

On Market Purchase

(79,321.73)

23,310

Ordinary Shares

23,310

10-Mar-22

Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund

On Market Purchase

(3,328.04)

978

Ordinary Shares

978

11-Mar-22

WAM Research Limited

On Market Purchase

(28,654.30)

8,215

Ordinary Shares

8,215

11-Mar-22

WAM Capital Limited

On Market Purchase

(100,501.06)

28,813

Ordinary Shares

28,813

11-Mar-22

Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund

On Market Purchase

(3,805.46)

1,091

Ordinary Shares

1,091

17-Mar-22

WAM Microcap Limited

On Market Purchase

(18,499.13)

5,220

Ordinary Shares

5,220

29-Mar-22

WAM Microcap Limited

On Market Purchase

(345,824.07)

95,904

Ordinary Shares

95,904

29-Mar-22

WAM Research Limited

On Market Purchase

(245,903.47)

68,194

Ordinary Shares

68,194

29-Mar-22

WAM Capital Limited

On Market Purchase

(819,262.36)

227,198

Ordinary Shares

227,198

29-Mar-22

Botanical Nominees Pty Limited as trustee of the Wilson Asset Management Equity Fund

On Market Purchase

(31,386.10)

8,704

Ordinary Shares

8,704

Signed: _______________________ Date: 31/03/2022