Nick Scali : Becoming a substantial holder from CBA

Form 603

Corporations Act 2001

Section 671B

Notice of initial substantial holder

	To: Company Name/Scheme:	NICK SCALI LIMITED
	ACN/ARSN:	000 403 896
	1. Details of substantial holder
	Name		Commonwealth Bank of Australia ACN 123 123 124 (CBA) and its related bodies corporate listed in annexure A
	The holder became a substantial holder on:	03/02/2022
	2. Details of voting power
only
	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
use	an associate had a relevant interest in on the date the substantial holder became a substantial holder are as follows:
	Class of securities		Number of securities	Person's votes		Voting power (%)
Fully paid Ordinary shares		103,136	103,136		0.13%
			For the Securities (if any) listed below see NOTE 1 at the end of this form
	Class of securities		Number of securities	Person's votes		Voting power (%)
Fully paid Ordinary shares		3,989,354	3,989,354		4.93%
	Class of securities		Number of securities	Person's votes		Voting power (%)
For personal		GRAND TOTAL
	Fully paid Ordinary shares		4,092,490	4,092,490		5.05%

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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

onlyCBA and its related bodies corporate listed in Annexure A

Avanteos Investments Limited ACN 096 259

use979

Commonwealth Bank of Australia ACN 123 123 124

personalCommonwealth Bank Officers Superannuation Corporation Pty Limited ACN 074 519 798

Colonial First State Investments Limited (Note 1) ACN 002 348 352

For

Nature of relevant interest	Class and number of securities
Relevant interest under paragraph 608(3)(a) of the
Corporations Act 2001 (Cth), being a relevant interest
arising as a result of CBA and its related bodies
corporate listed in Annexure A having voting power in
Avanteos Investments Limited and Colonial First
State Investments Limited above 20%,and therefore	3,996,351 Fully paid Ordinary shares
having the relevant interests in any securities that
either of Avanteos or Colonial First State has. As
neither CBA nor any of its related bodies corporate are
entitled to be registered as the holder of those
securities, their ability to vote and dispose of those
securities is qualified accordingly.
Relevant interest under paragraph 608(1)(a), 608(1)(b)
and 608(1)(c) of the Corporations Act 2001 (Cth),
being a relevant interest arising as a result of being the
registered holder of the relevant securities in its
capacity as a superannuation trustee and in its capacity
as administrator of managed accounts. In addition, if	6,997 Fully paid Ordinary shares
any OTC derivatives, warrants or other securities
(other than ordinary shares or ordinary units (as
applicable)) are referred to below in this row, the
relevant interest in respect of those securities arises
under subsection 608(8) being an accelerated relevant
interest held in the same capacity.
Relevant interest under paragraph 608(1)(b) and/or
608(1)(c) of the Corporations Act 2001 (Cth), being a	Fully paid Ordinary shares(including
relevant interest arising as a result of having the power
87,219 87,219 borrowed from Merrill Lynch
to control the exercise of the right to vote attached to
International, see Annexure C)
securities and/or to control the exercise of the power to
dispose of securities in a proprietary capacity.
Relevant interest under paragraph 608(1)(b) and/or
608(1)(c) of the Corporations Act 2001 (Cth), being a
relevant interest arising from having the power to
control the exercise of the right to vote attached to
securities and/or to control the exercise of the power to
dispose of securities in its capacity as trustee for the
Officers' Superannuation Fund. In addition, if any	8,920 Fully paid Ordinary shares
OTC derivatives, warrants or other securities (other
than ordinary shares or ordinary units (as applicable))
are referred to below in this row, the relevant interest
in respect of those securities arises under subsection
608(8) being an accelerated relevant interest held in
the same capacity.
Relevant interest under paragraph 608(1)(b) and/or
608(1)(c) of the Corporations Act 2001 (Cth), being a
relevant interest arising from having the residual
power to control the exercise of the right to vote
attached to securities and/or to control the exercise of
the power to dispose of securities in its capacity as a
responsible entity of a managed investment scheme
(which managed investment scheme is not managed
by either Colonial First State Investments Limited or a
related body corporate). In addition, if any OTC
derivatives, warrants or other securities (other than
ordinary shares or ordinary units (as applicable)) are
referred to below in this row, the relevant interest in	3,989,354 Fully paid Ordinary shares
respect of those securities arises under subsection
608(8) being a residual accelerated relevant interest
held in the same capacity. Colonial First State
Investments Limited has authorised the manager of
each such managed investment scheme to exercise the
powers referred to in paragraph 608(1)(b) and/or
608(1)(c) of the Corporations Act 2001 (Cth) in
relation to those securities managed by the manager to
the exclusion of Colonial First State Investments
Limited except for provisions allowing Colonial First
State Investments Limited to terminate the agreement
with the manager or to exercise those powers where
the agreement is terminated.

2

Colonial First State Investments Limited ACN 002 348 352

For personal use only

Relevant interest under paragraph 608(1)(b) and/or 608(1)(c) of the Corporations Act 2001 (Cth), being a relevant interest arising from having the power to control the exercise of the right to vote attached to securities and/or to control the exercise of the power to dispose of securities in its capacity as a responsible

entity of a managed investment scheme (which3,989,354 Fully paid Ordinary shares managed investment scheme is managed by Colonial

First Statement Investments Limited or a related body corporate). In addition, if any OTC derivatives, warrants or other securities (other than ordinary shares or ordinary units (as applicable)) are referred to below in this row, the relevant interest in respect of those securities arises under subsection 608(8) being an accelerated relevant interest held in the same capacity.

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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 securities
	interest	securities	registered as holder
	Avanteos Investments Limited ACN 096 259	Avanteos Investments Limited		6,997	Fully paid Ordinary
	979		shares
onlyusepersonalFor	Commonwealth Bank of Australia ACN 123	The Bank Of New York Mellon,		87,219	Fully paid Ordinary
123 124	Sydney Branch			shares
Commonwealth Bank Officers	Citicorp Nominees Pty Limited		8,920	Fully paid Ordinary
Superannuation Corporation Pty Limited ACN
	074 519 798	(Australia)			shares
	Colonial First State Investments Limited (Note				Fully paid Ordinary
	1) ACN 002 348 352	Citibank N A Hong Kong		2,961,210 shares
	Colonial First State Investments Limited (Note	Citicorp Nominees Pty Limited		493,853	Fully paid Ordinary
	1) ACN 002 348 352	(Australia)			shares
	Colonial First State Investments Limited (Note	Northern Trust Company		365,022	Fully paid Ordinary
	1) ACN 002 348 352		shares
	Colonial First State Investments Limited (Note	UBS Nominees Pty Ltd		169,269	Fully paid Ordinary
	1) ACN 002 348 352				shares

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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	Date of acquisition	Consideration	Class and number of securities
interest
		Cash	Non-cash

See annexure B to this notice

For personal use only

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