THORNEY OPPORTUNITIES LTD

ACN 080 167 264

CROSS RELEASE DCG

24 November 2020

BY ASX ONLINE - 4 pages

Manager Company Announcements

ASX Limited

Level 10

20 Bond Street

SYDNEY NSW 2000

Dear Sir/Madam,

Change of interests of substantial holder

Decmil Group Limited [ASX:DCG]

Following is a Form 604 Notice of change of interests of substantial holder dated 24 November 2020 in accordance with section 671B of the Corporations Act 2001.

Yours sincerely,

CRAIG SMITH ACIS, CPA

Secretary

Level 39, 55 Collins Street, Melbourne Vic 3000

Telephone + 61 3 9921 7116 Facsimile + 61 3 9921 7100

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To:

company name/scheme

DECMIL GROUP LTD

ABN

35 111 210 390

1. Details of substantial holder

Name

CAN

THORNEY OPPORTUNITIES LTD and each of the associated entities listed in the attached Annexure 'A' to this notice.

080 167 264

There was a change in the interests of the substantial holder on

20-Nov-20

The previous notice was given to the company on

12-Jun-20

The previous notice was dated

12-Jun-20

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

Fully Paid Ordinary Shares

165,086,695

19.59%

23,508,670

18.26%

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

Change

Person whose relevant

Nature of

Consideration

Class and number of

interest changed

change

given in

securities affected

relation to

Change

Person's

votes

affected

19-Jun-20

TIGA Trading Pty Ltd

Sub

$nil

16,000,000 ordinary shares

16,000,000

19-Jun-20

Thorney Opportunities Ltd

underwriting

5c per share

60,000,000 ordinary shares

60,000,000

09-Nov-20

TIGA Trading Pty Ltd

14,400,000 ordinary shares

14,400,000

09-Nov-20

Thorney International Pty

1 for 10

75,243,775 ordinary shares

75,243,775

Ltd

$nil

consolidation

09-Nov-20

Thorney Holdings Pty Ltd

3,943,233 ordinary shares

3,943,233

09-Nov-20

Thorney Opportunities Ltd

123,391,017 ordinary shares

123,391,017

18-Nov-20

TIGA Trading Pty Ltd

$nil

787 ordinary shares

787

19-Nov-20

TIGA Trading Pty Ltd

Market sale

$nil

106,587 ordinary shares

106,587

20-Nov-20

TIGA Trading Pty Ltd

$nil

98,195 ordinary shares

98,195

23-Nov-20

TIGA Trading Pty Ltd

$nil

394,431 ordinary shares

394,431

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

Person entitled to be

Number and class

securities

registered as holder

of securities

Thorney Opportunities Ltd,

UBS Nominees Pty Ltd

Thorney Opportunities Ltd

13,710,114

Thorney Investment Group

ordinary shares

Thorney International Pty Ltd

8,360,419

HSBC Custody Nominees

ordinary shares

Thorney Investment Group

(Australia) Ltd

Thorney Holdings Proprietary

438,137

Limited

ordinary shares

UBS Nominees Pty Ltd

TIGA Trading Pty Ltd

1,000,000

ordinary shares

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 Opportunities Ltd

Level 39, 55 Collins Street, Melbourne 3000

ACN 080 167 264

Associated entities

Refer Annexure 'A'

Signature

Print name

CRAIG SMITH ACIS, CPA

Capacity SECRETARY

Sign here

Date: 24 November 2020

ANNEXURE 'A'

This is Annexure A referred to in the Form 604 Notice of initial substantial holder signed by me and dated 24 November 2020.

.........................................

CRAIG SMITH

Secretary

SUBSTANTIAL HOLDERS - ENTITY DETAILS

Associated Entities

Address

Thorney Investment Group

Jamahjo Pty Ltd, ACN 117 488 696

c/- Wilson Pateras, Ground Floor, 40 River Boulevard,

Richmond, 3121

Thistle Custodians Pty Ltd, ACN 078 027 193

Level 39, 55 Collins Street, Melbourne 3000

Thistle Holdings Pty Ltd, ACN 075 051 464

Level 39, 55 Collins Street, Melbourne 3000

Thorney Alpha Pty Ltd, ACN 162 820 537

Level 39, 55 Collins Street, Melbourne 3000

Thorney Beta Pty Ltd, ACN 162 828 677

Level 39, 55 Collins Street, Melbourne 3000

Thorney Holdings Pty Ltd, ACN 006 262 835

Level 39, 55 Collins Street, Melbourne 3000

Thorney International Pty Ltd, ACN 132 886 698

Level 39, 55 Collins Street, Melbourne 3000

Thorney Investment Group Australia Pty Ltd,

Level 39, 55 Collins Street, Melbourne 3000

ACN 117 488 892

Thorney Management Services Pty Ltd, ACN 164 880 148

Level 39, 55 Collins Street, Melbourne 3000

Thorney Omega Pty Ltd, ACN 163 964 636

Level 39, 55 Collins Street, Melbourne 3000

Tiga Property Pty Ltd, ACN 117 811 453

Level 39, 55 Collins Street, Melbourne 3000

Tiga (Ballarat) Pty Ltd, ACN 117 812 030

Level 39, 55 Collins Street, Melbourne 3000

Tiga Finance Pty Ltd, ACN 118 521 412

Level 39, 55 Collins Street, Melbourne 3000

Tiga (Hawthorn) Pty Ltd, ACN 126 952 663

Level 39, 55 Collins Street, Melbourne 3000

Tiga Tails Pty Ltd, ACN 080 534 416

Level 39, 55 Collins Street, Melbourne 3000

Tiga Trading Pty Ltd, ACN 118 961 210

Level 39, 55 Collins Street, Melbourne 3000

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Thorney Opportunities Limited published this content on 24 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 November 2020 07:28:04 UTC