Home Consortium : Majority Shareholders Increase Beneficial Holdings in HomeCo

For personal use only

ASX RELEASE

10 December 2021

Majority shareholders in HomeCo (HMC.ASX) increase their beneficial holdings

Entities and individuals associated with the Aurrum, Spotlight, Chemist Warehouse groups have increased their net beneficial interest in HomeCo by approximately 7.0 million securities.

By way of background, HICT was established in 2016 with unitholders primarily comprised of entities and individuals associated with the Aurrum, Spotlight, Chemist Warehouse and Primewest groups.

HomeCo directors David Di Pilla, Zac Fried and Greg Hayes are all unitholders of HICT.

HICT controlled approximately 93.3 million HomeCo securities at the time of the 2019 IPO.

Primewest investors held a beneficial interest in approximately 10.0 million HomeCo securities via HICT. As part of the HICT ownership restructure Primewest has sold their entire interest in HICT via a buy-back to other HICT unitholders on a pro-rata basis. HICT has partially funded this buy-back via an on-market sale of 3.0 million HomeCo securities.

HICT now controls approximately 90.0 million HomeCo securities, down from approximately 93.3 million and HomeCo will benefit from increased liquidity and free float following the restructure.

Attached to this announcement is an ASX Form 604 reflecting a change in HICT's substantial shareholding in HomeCo and a revised ASX Appendix 3Y.

Revised beneficial holdings of HomeCo directors post transaction who are HICT unitholders is outlined in the table below.

HomeCo	Interest in HomeCo Securities	Rights
directors	Pre	Movement	Post
David Di Pilla	37,310,930	+ 2,703,074	40,014,004	688,760
Zac Fried	25,286,445	+ 840,272	26,126,717	5,182
Greg Hayes	10,209,119	+ 758,596	10,967,715	5,701

-ENDS-

19 Bay Street	Home Consortium Limited	Home Consortium Developments Limited
Double Bay NSW 2028	ABN 94 138 990 593	ACN 635 859 700
1300 466 326	(trading as Home Consortium)
[e-mail]	home-co.com.au

For further information, please contact:

For personal use only

INVESTORS
Misha Mohl	Will McMicking
Group Head of Strategy & IR	Group Chief Financial Officer
[phone]	[phone]
[e-mail]	[e-mail]

MEDIA John Frey

Corporate Communications Counsel [phone] [e-mail]

Authorised for release by the Group Managing Director and CEO

About HomeCo

HomeCo is an ASX-listed fund manager which invests in high conviction and scalable real asset strategies on behalf of individuals, large institutions and super funds. HomeCo is well capitalised and resourced to internally fund its strategy to grow FUM to $5bn+ in the medium term by leveraging its 'Own, Develop and Manage' model.

HomeCo is the manager of HomeCo Daily Needs REIT (HDN) which listed in Nov-20 and owns approximately $1.8bn of assets. HDN recently announced a proposal to merge with Aventus Group (AVN) to create Australia's leading daily needs REIT with a combined portfolio size of $4.1bn and market capitalisation of approximately $3.3bn. HomeCo's second ASX-listed externally managed vehicle, HealthCo Healthcare and Wellness REIT (HCW) listed in September 2021.

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

ToCompany Name/Scheme

Home Consortium Limited (ACN 138 990 593) (HCL) which has its securities stapled to Home Consortium

Developments Limited (ACN 635 859 700) (HCDL) (together, HomeCo)

ACN/ARSN

As above.

1. Details of substantial holder (1)

only

Home Investment Consortium Company Pty Ltd ACN 614 090 818 as trustee for the Home Investment Consortium

Name

Trust (HICT) and the persons listed in Annexure A.

ACN/ARSN (if applicable)

As stated above and in Annexure A.

There was a change in the interests of the

ub tantial holder on

6/12/2021

The previous notice was given to the company on

14/12/2020

The previous notice was dated

14/12/2020

use

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:

Previous notice

Present notice

Class of securities (4)

Voting

Person's

Voting

Person's votes

power

votes

power (5)

(5)

Stapled securities, comprising one fully

paid ordinary share in HCL stapled to one

101,289,767

34.915%

98,289,767

33.86%

fully paid ordinary share in HCDL (Stapled

S curities)

personal

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

r scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Person whose

Consideration

Class and

Person's

Date of

Nature of

given in

number of

Forchange

relevant interest

change (6)

relation

securities

votes

changed

to change (7)

affected

affected

06/12/2021

HICT

On market sale of Stapled Securities

$2,996,852.75

413,359

413,359

Stapled

Securities

	06/12/2021	HICC 2 Pty Ltd ACN 621	As above.	$18,753,147.25	2,586,641	2,586,641
		961 779 as bare trustee for			Stapled
		the Home Acquisition Trust			Securities
		(HICC2)
	06/12/2021	Aurrum				Holdings	As above.	N/A	N/A	N/A
		Investment	Company	Pty
only	Ltd ACN 614 090 603 as
trustee	for	the	Aurrum
Holdings Investment Trust
		(Aurrum)
06/12/2021	Aurrum	Investments	Pty	As above.	N/A	N/A	N/A
		Ltd (ACN	619	972	315)
		(Investment Company)
06/12/2021	Aurrum	Holdings	Pty	Ltd	As above.	N/A	N/A	N/A
		(ACN	168	679	123)
		(Aurrum Holdings)
use	Mez Pty Limited ACN 166	As above.	N/A	N/A	N/A
06/12/2021
		758 032 as trustee for Di
		Pilla Family Trust (Mez)
06/12/2021	ZEM Super Pty Ltd ACN	As above.	N/A	N/A	N/A
		635 321 907 as trustee for
		DiPilla	Superannuation
		Fund (ZEM)
personalFor	David Di Pilla (DDP)		As above.	N/A	N/A	N/A
06/12/2021
06/12/2021	Primewest Funds Ltd ACN	As above.	N/A	N/A	N/A
		134 321 216 as trustee for
		Primewest	(Masters)	Unit
		Trust (PMUT)
06/12/2021	Primewest (HICT) Pty Ltd	As above.	N/A	N/A	N/A
		ACN 615 387 409 (PPL)
06/12/2021	DDP Capital Pty Ltd ACN	As above.	N/A	N/A	N/A
		163 122 978 (DDPC)

4. Present relevant interests
Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:
			Person
	Holder of	Registered	entitled	Nature of	Class and	Person's
	relevant	holder of	to be	relevant	number of
	votes
	interest	securities	registered	interest (6)	securities
			as holder (8)
	HICT	HICT (as to	HICT (as to	Relevant interest under section 608(1)(a) of the	90,354,537	61,819,465
only	61,819,465	61,819,465	Corporations Act 2001 (Cth) (Corporations Act) as a	Stapled
Stapled	Stapled	result of being the registered holder of 61,819,465	Securities
Securities)	Securities)	Stapled Securities, and under sections 608(1)(b)
HICC2 (as to	HICC2 (as to	and 608(1)(c) of the Corporations Act by being the
sole shareholder of HICC 2 Pty Ltd which (in its
28,535,072	28,535,072
capacity as bare trustee for the Home Acquisition
Stapled	Stapled
Trust) is the registered holder of 28,535,072
Securities)	Securities)
Stapled Securities. HICT is also the sole
		beneficiary of the Home Acquisition Trust.
use
personal				28,535,072	28,535,072
	HICC 2	HICC2 (as to	HICC2 (as to	Relevant interest under section 608(1)(a) of the
		28,535,072	28,535,072	Corporations Act as a result of HICC2 being the	Stapled
		Stapled	Stapled	registered holder of 28,535,072 fully paid Stapled	Securities
		Securities)	Securities)	Securities.
	Aurrum	HICT (as to	HICT (as to	Relevant interest under sections 608(1)(b) and	90,354,537	N/A
		61,819,465 Stapled	61,819,465	608(1)(c) of the Corporations Act, being a relevant	Stapled
		Securities)	Stapled Securities)	interest arising from Aurrum having control over	Securities
		HICC2 (as to	HICC2 (as to	HICT and hence having the power to exercise, or
		control the exercise of, a right to vote attached to
		28,535,072 Stapled	28,535,072	the relevant securities.
		Securities)	Stapled Securities)
	Investment	Investment	Investment	Relevant interest under section 608(1)(a) of the	6,944,444	6,944,444
For	Company	Company	Corporations Act as a result of being the registered	Stapled
	Company			Securities
				holder of 6,944,444 Stapled Securities.