Spirit Technology : Change in substantial holding from TEK

For personal use only

ASX TO CROSS RELEASE: ST1

3 June 2022

BY ASX ONLINE - 6 pages

Manager Company Announcements

ASX Limited

Level 10

20 Bond Street

SYDNEY NSW 2000

Dear Sir/Madam,

Notice of change of interests of substantial holder

Spirit Technology Solutions Limited [ASX:ST1]

Following is a Form 604 Notice of change of interests of substantial holder dated 3 June 2022 in accordance with section 671B of the Corporations Act 2001 (Cth).

Yours sincerely,

CRAIG SMITH ACIS, CPA

Secretary

THORNEY TECHNOLOGIES LTD

ABN 66 096 782 188

Level 39, 55 Collins St. Melbourne VIC 3000 Australia

For personal use only

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

	To: company name/scheme		SPIRIT TECHNOLOGY SOLUTIONS LIMITED
	ABN:		73 089 224 402
	1. Details of substantial holder
	Name		THORNEY TECHNOLOGIES LTD and each of the associated
			entities listed in the attached Annexure 'A' to this notice.
	ACN (if applicable)		096 782 188

There was a change in the interests of the substantial holder on	29-Mar-22
The previous notice was given to the company on	09-Apr-21
The previous notice was dated	09-Apr-21
2. Previous and present voting power

The total number of shares votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate had a relevant interest 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

Previous Notice

Present Notice

Person's votes

Voting power

Person's votes

Voting power

Ordinary shares

42,616,596

6.60%

52,141,281

7.84%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, relevant interests 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 are as follows:

	Date of		Person whose relevant		Nature of		Consideration		Number and class of	Person's
	Change		interest changed		Change		given in		securities affected	votes
							relation to			affected
							change
	12-May-21		Thorney Opportunities Ltd		Market purchase		$Nil		280,000 ordinary shares	280,000
			Tiga Trading Pty Ltd (Tiga
			Trading) and each of the
			Thorney Investment Group				$Nil		750,000 ordinary shares	750,000
	19-May-21		entities listed in Annexure 'A'		Market purchase
		(together 'Thorney Investment
			Group')
			Thorney Technologies Ltd			$75,000.00		250,000 ordinary shares	250,000
	18-Jun-21		Thorney Opportunities Ltd		Market purchase		$Nil		150,000 ordinary shares	150,000
	21-Jun-21		Thorney Opportunities Ltd		Market purchase		$Nil		225,000 ordinary shares	225,000
	01-Jul-21		TIGA Trading Pty Ltd		Market purchase		$Nil		1,100,000 ordinary shares	1,100,000
	13-Sep-21		Thorney Technologies Ltd		Market purchase	$60,243.54		245,892 ordinary shares	245,892
	14-Sep-21		Thorney Technologies Ltd		Market purchase	$13,848.87		56,526 ordinary shares	56,526
	16-Sep-21		Thorney Technologies Ltd		Market purchase	$905.52		3,696 ordinary shares	3,696
	17-Sep-21		Thorney Technologies Ltd		Market purchase	$18,979.42		77,467 ordinary shares	77,467
	07-Oct-21		TIGA Trading Pty Ltd		Market purchase		$Nil		229,907 ordinary shares	229,907
		Thorney Opportunities Ltd			$Nil		114,935 ordinary shares	114,935

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3. Changes in relevant interests continued

Particulars of each change in, or change in the nature of, relevant interests 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 are as follows:

only

Date of

Person whose relevant

Nature of

Consideration

Number and class of

Person's

Change

interest changed

Change

given in

securities affected

votes

relation to

affected

change

08-Oct-21

TIGA Trading Pty Ltd

Market purchase

$Nil

34,841 ordinary shares

34,841

Thorney Opportunities Ltd

$Nil

17,395 ordinary shares

17,395

20-Oct-21

TIGA Trading Pty Ltd

Market purchase

$Nil

18,027 ordinary shares

18,027

Thorney Opportunities Ltd

$Nil

625,000 ordinary shares

625,000

21-Oct-21

Market purchase

Thorney Technologies Ltd

$60,000.00

625,000 ordinary shares

625,000

use

Urban Land Nominees Pty Ltd

$Nil

250,000 ordinary shares

250,000

21-Jan-22

TIGA Trading Pty Ltd

Market purchase

$Nil

54,207 ordinary shares

54,207

24-Jan-22

TIGA Trading Pty Ltd

Market purchase

$Nil

20,793 ordinary shares

20,793

25-Jan-22

TIGA Trading Pty Ltd

Market purchase

$Nil

351,675 ordinary shares

351,675

27-Jan-22

TIGA Trading Pty Ltd

Market purchase

$Nil

73,325 ordinary shares

73,325

08-Feb-22

TIGA Trading Pty Ltd

Market purchase

$Nil

40,783 ordinary shares

40,783

09-Feb-22

TIGA Trading Pty Ltd

Market purchase

$Nil

13,001 ordinary shares

13,001

personal

10-Feb-22

Thorney Opportunities Ltd

Market purchase

$Nil

217,000 ordinary shares

217,000

02-May-22

Thorney Opportunities Ltd

Market purchase

$Nil

41,176 ordinary shares

41,176

11-Feb-22

Thorney Opportunities Ltd

Market purchase

$Nil

338,171 ordinary shares

338,171

14-Feb-22

Thorney Technologies Ltd

Market purchase

$22,861.04

123,640 ordinary shares

123,640

15-Feb-22

Thorney Technologies Ltd

Market purchase

$27,720.22

149,839 ordinary shares

149,839

18-Feb-22

Thorney Technologies Ltd

Market purchase

$49,306.39

266,521 ordinary shares

266,521

18-Mar-22

Thorney Opportunities Ltd

Market purchase

$Nil

260,473 ordinary shares

260,473

21-Mar-22

Thorney Opportunities Ltd

Market purchase

$Nil

78,205 ordinary shares

78,205

22-Mar-22

Thorney Opportunities Ltd

Market purchase

$Nil

41,322 ordinary shares

41,322

23-Mar-22

Thorney Opportunities Ltd

Market purchase

$Nil

107,044 ordinary shares

107,044

29-Mar-22

Thorney Opportunities Ltd

Market purchase

$Nil

367,092 ordinary shares

367,092

31-Mar-22

Thorney Opportunities Ltd

Market purchase

$Nil

12,081 ordinary shares

12,081

01-Apr-22

Thorney Opportunities Ltd

Market purchase

$Nil

4,159 ordinary shares

4,159

04-Apr-22

Thorney Opportunities Ltd

Market purchase

$Nil

444,534 ordinary shares

444,534

05-Apr-22

Thorney Opportunities Ltd

Market purchase

$Nil

172,134 ordinary shares

172,134

For

03-May-22

Thorney Opportunities Ltd

Market purchase

$Nil

958,824 ordinary shares

958,824

09-May-22

Thorney Technologies Ltd

Market purchase

$23,115.00

335,000 ordinary shares

335,000

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4. Present relevant interests

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

Holder of

Registered

Person entitled

Nature of relevant interest

Number and

Person's

relevant

holder of

to be registered

class of

votes

only

interest

securities

as holder

securities

Thorney

UBS

Thorney

Thorney Technologies Ltd has a relevant

9,500,000

interest under section 608(1)(b) of the

Technologies

Nominees

Technologies

ordinary

9,500,000

Corporations Act 2001 (Cth) (the Act) as

Ltd

Pty Ltd

Ltd

shares

it is the beneficial holder of those shares.

Thorney

UBS

Thorney

Thorney Opportunities Ltd has a relevant

9,000,000

interest under section 608(1)(b) of the

Opportunities

Nominees

Opportunities

ordinary

9,000,000

Act as it is the beneficial holder of those

Ltd

Pty Ltd

Ltd

shares

shares.

Thorney

Thorney Investment Group is taken to

9,000,000

Opportunities

ordinary

9,000,000

have a relevant interest as it has the

use

Ltd

shares

capacity to determine the outcome of

Thorney

UBS

Thorney

decisions about the financial and

9,500,000

operating policies of each of the entities

Technologies

ordinary

9,500,000

Investment

Nominees

in the adjacent column.

Ltd

shares

Group

Pty Ltd

Thorney Investment Group is taken

27,961,173

TIGA Trading

under section 608(3)(b) of the Act to

ordinary

27,961,173

Pty Ltd

have a relevant interest as it holds all the

shares

issued capital in Tiga Trading.

Jasforce Pty

Jasforce

Jasforce

Jasforce has a relevant interest under

4,672,532

4,672,532

personalFor

Ltd (Jasforce)

section 608(1)(a) of the Act as it is the

ordinary

registered holder of those shares.

shares

Urban Land

Urban Land has a relevant interest under

1,007,576

Nominees Pty

Urban Land

Urban Land

section 608(1)(a) of the Act as it is the

ordinary

1,007,576

Ltd (Urban

registered holder of those shares.

shares

Land)

Thorney

9,000,000

Opportunities

ordinary

9,000,000

Ltd

shares

UBS

Thorney

Each of the entities listed in the adjacent

9,500,000

Nominees

Technologies

column (and in Annexure "A") are

ordinary

9,500,000

Pty Ltd

Ltd

'associates' pursuant to section

shares

12(2)(a)(iii) of the Act by virtue of them

27,961,173

Mr Alex

TIGA Trading

being commonly controlled by Mr Alex

ordinary

27,961,173

Waislitz

Pty Ltd

Waislitz who, pursuant to section 50AA

shares

of the Act, has the capacity to determine

the outcome of decisions about the

4,672,532

Jasforce

Jasforce

financial and operating policies of each of

ordinary

4,672,532

those entities.

shares

1,007,576

Urban Land

Urban Land

ordinary

1,007,576

shares

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For personal use only

5. Changes in association

The persons who have become associates of, ceased to be associates of, or have changed the nature of their association with, the substantial holder in relation to voting interests in the company or scheme are as follows:

		Name			Nature of association
	6. Addresses
	The addresses of persons named in this form are as follows:
		Name					Address
		Thorney Technologies Ltd , ACN 096 782 188		Level 39, 55 Collins Street, Melbourne 3000
		Tiga Trading Pty Ltd, ACN 118 961 210		Level 39, 55 Collins Street, Melbourne 3000
		Thorney Investment Group					See Annexure 'A' to this notice
		Each of the entities listed in Annexure 'A' to this notice		See Annexure 'A' to this notice
		Thorney Opportunities Ltd, ACN 080 167 264		Level 39, 55 Collins Street, Melbourne 3000
		Jasforce Pty Ltd, ACN 017 167 713					c/- Wilson Pateras, Ground Floor, 40 River Boulevard,
						Richmond 3121
		Urban Land Nominees Pty Ltd, ACN 004 753 066		c/- Wilson Pateras, Ground Floor, 40 River Boulevard,
			Richmond 3121
		Alex Waislitz					Level 39, 55 Collins Street, Melbourne 3000
		Signature
		Print name	CRAIG SMITH		Capacity SECRETARY
		Sign here					Date 3 June 2022

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