Thorney Opportunities : Change in substantial holding for QFE

THORNEY OPPORTUNITIES LTD

ACN 080 167 264

ASX TO CROSS RELEASE: QFE

22 March 2021

BY ASX ONLINE - 5 pages

Manager Company Announcements ASX Limited

Level 10

20 Bond Street SYDNEY 2000

Dear Sir/Madam,

Change of interests of substantial holder Quickfee Limited [ASX:QFE]

Following is a Form 604 Notice of change of interests of substantial holder dated 22 March 2021 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	QUICKFEE LTD
ABN	14 003 209 836

1. Details of substantial holder

Name	THORNEY OPPORTUNITIES LTD and each of the associated entities listed in the attached Annexure 'A' to this notice.
ACN	080 167 264

There was a change in the interests of the substantial holder on	18-Mar-21
The previous notice was given to the company on	08-Jan-21
The previous notice was dated	08-Jan-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
Fully Paid Ordinary Shares	25,239,328	11.36%	28,328,845	12.75%

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 interest changed	Nature of change	Consideration given in relation to Change	Number and class of securities affected	Person's votes affected
13-Jan-21	TIGA Trading Pty Ltd	Market purchase	$Nil	142,558 ordinary shares	142,558
Thorney Opportunities Ltd	$0.41 per share	19,149 ordinary shares	19,149
Thorney Technologies Ltd	$Nil	51,067 ordinary shares	51,067
27-Jan-21	TIGA Trading Pty Ltd	Market purchase	$Nil	46,128 ordinary shares	46,128
Thorney Opportunities Ltd	$0.39 per share	5,808 ordinary shares	5,808
Thorney Technologies Ltd	$Nil	16,402 ordinary shares	16,402
28-Jan-21	TIGA Trading Pty Ltd	Market purchase	$Nil	47,887 ordinary shares	47,887
Thorney Opportunities Ltd	$0.39 per share	6,030 ordinary shares	6,030
Thorney Technologies Ltd	$Nil	17,027 ordinary shares	17,027
29-Jan-21	TIGA Trading Pty Ltd	Market purchase	$Nil	105,109 ordinary shares	105,109
Thorney Opportunities Ltd	$0.40 per share	13,236 ordinary shares	13,236
Thorney Technologies Ltd	$Nil	37,373 ordinary shares	37,373

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:

Date of Change	Person whose relevant interest changed	Nature of change	Consideration given in relation to Change	Class and number of securities affected	Person's votes affected
01-Feb-21	TIGA Trading Pty Ltd	Market purchase	$Nil	85,479 ordinary shares	85,479
Thorney Opportunities Ltd	$0.39 per share	10,764 ordinary shares	10,764
Thorney Technologies Ltd	$Nil	30,394 ordinary shares	30,394
02-Feb-21	TIGA Trading Pty Ltd	Market purchase	$Nil	111,191 ordinary shares	111,191
Thorney Opportunities Ltd	$0.39 per share	14,001 ordinary shares	14,001
Thorney Technologies Ltd	$Nil	39,536 ordinary shares	39,536
03-Feb-21	TIGA Trading Pty Ltd	Market purchase	$Nil	14,569 ordinary shares	14,569
Thorney Opportunities Ltd	$0.40 per share	1,834 ordinary shares	1,834
Thorney Technologies Ltd	$Nil	5,182 ordinary shares	5,182
04-Feb-21	TIGA Trading Pty Ltd	Market purchase	$Nil	108,218 ordinary shares	108,218
Thorney Opportunities Ltd	$0.39 per share	13,627 ordinary shares	13,627
Thorney Technologies Ltd	$Nil	38,479 ordinary shares	38,479
05-Feb-21	TIGA Trading Pty Ltd	Market purchase	$Nil	14,665 ordinary shares	14,665
Thorney Opportunities Ltd	$0.40 per share	1,847 ordinary shares	1,847
Thorney Technologies Ltd	$Nil	5,214 ordinary shares	5,214
24-Feb-21	TIGA Trading Pty Ltd	Market purchase	$Nil	1,444 ordinary shares	1,444
25-Feb-21	TIGA Trading Pty Ltd	Market purchase	$Nil	3,128 ordinary shares	3,128
01-Mar-21	TIGA Trading Pty Ltd	Market purchase	$Nil	190,755 ordinary shares	190,755
Thorney Opportunities Ltd	$0.38 per share	24,021 ordinary shares	24,021
Thorney Technologies Ltd	$Nil	67,824 ordinary shares	67,824
02-Mar-21	TIGA Trading Pty Ltd	Market purchase	$Nil	55,738 ordinary shares	55,738
Thorney Opportunities Ltd	$0.38 per share	7,019 ordinary shares	7,019
Thorney Technologies Ltd	$Nil	19,818 ordinary shares	19,818
03-Mar-21	Jasforce Pty Ltd	Market purchase	$Nil	165,126 ordinary shares	165,126
Urban Land Nominees Pty Ltd	$Nil	165,127 ordinary shares	165,127
04-Mar-21	TIGA Trading Pty Ltd	Market purchase	$Nil	127,000 ordinary shares	127,000
Thorney Opportunities Ltd	$0.35 per share	17,000 ordinary shares	17,000
Thorney Technologies Ltd	$Nil	56,000 ordinary shares	56,000
18-Mar-21	Thorney Opportunities Ltd	Market purchase	$0.33 per share	725,203 ordinary shares	725,203
Jasforce Pty Ltd	$Nil	230,770 ordinary shares	230,770
Urban Land Nominees Pty Ltd	$Nil	230,770 ordinary shares	230,770

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	Nature of relevant interest	Person entitled to be registered as holder	Number and class of securities	Person's votes
Thorney Opportunities Ltd	UBS Nominees Pty Ltd	Taken under section 608(3)(a) of the Corporations Act 2001 (Cth) (Act)	Thorney Opportunities Ltd	2,950,155 ordinary shares	2,950,155
Thorney Technologies Ltd	HSBC Custody Nominees (Australia) Ltd	Taken under section 608(3)(a) of the Act	Thorney Technologies Ltd	6,213,876 ordinary shares	6,213,876
Thorney Investment Group	UBS Nominees Pty Ltd	Taken under section 608(1)(b) of the Act	Thorney Opportunities Ltd	2,950,155 ordinary shares	2,950,155
HSBC Custody Nominees (Australia) Ltd	Taken under section 608(1)(b) of the Act	Thorney Technologies Ltd	6,213,876 ordinary shares	6,213,876
UBS Nominees Pty Ltd	Taken under section 608(3)(a) of the Act	TIGA Trading Pty Ltd	17,498,365 ordinary shares	17,498,365
Jasforce Pty Ltd	Jasforce Pty Ltd	Taken under section 608(3)(a) of the Act	Jasforce Pty Ltd	835,724 ordinary shares	835,724
Urban Land Nominees Pty Ltd	Urban Land Nominees Pty Ltd	Taken under section 608(3)(a) of the Act	Urban Land Nominees Pty Ltd	830,725 ordinary shares	830,725

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 ACN 080 167 264	Level 39, 55 Collins Street, Melbourne 3000
Associated entities	Refer Annexure 'A'

Signature

Print name	CRAIG SMITH ACIS, CPA	Capacity SECRETARY
Sign here	Date: 22 March 2021