Spirit Technology : Change in substantial holding from TOP

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.

Yours sincerely,

CRAIG SMITH ACIS, CPA

Secretary

THORNEY OPPORTUNITIES LTD

ABN 41 080 167 264

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 LTD
	ABN		73 089 224 402
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	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
Fully Paid 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 relation

securities affected

votes

to change

affected

12-May-21

Thorney Opportunities Ltd

Market purchase

$98,700.00

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

Market purchase

'A' (together 'Thorney

Investment Group')

Thorney Technologies Ltd

$Nil

250,000 ordinary shares

250,000

18-Jun-21

Thorney Opportunities Ltd

Market purchase

$42,750.00

150,000 ordinary shares

150,000

21-Jun-21

Thorney Opportunities Ltd

Market purchase

$64,125.00

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

$Nil

245,892 ordinary shares

245,892

14-Sep-21

Thorney Technologies Ltd

Market purchase

$Nil

56,526 ordinary shares

56,526

16-Sep-21

Thorney Technologies Ltd

Market purchase

$Nil

3,696 ordinary shares

3,696

17-Sep-21

Thorney Technologies Ltd

Market purchase

$Nil

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

$262,39.66

114,935 ordinary shares

114,935

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For personal use only

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	Person whose relevant	Nature of	Consideration	Class and number 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		$4,000.85	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		$150,000.00	625,000 ordinary shares	625,000
21-Oct-21	Thorney Technologies Ltd	Market purchase	$Nil	625,000 ordinary shares	625,000
	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
10-Feb-22	Thorney Opportunities Ltd	Market purchase	$39,949.70	217,000 ordinary shares	217,000
11-Feb-22	Thorney Opportunities Ltd	Market purchase	$62,324.92	338,171 ordinary shares	338,171
14-Feb-22	Thorney Technologies Ltd	Market purchase	$Nil	123,640 ordinary shares	123,640
15-Feb-22	Thorney Technologies Ltd	Market purchase	$Nil	149,839 ordinary shares	149,839
18-Feb-22	Thorney Technologies Ltd	Market purchase	$Nil	266,521 ordinary shares	266,521
18-Mar-22	Thorney Opportunities Ltd	Market purchase	$37,768.59	260,473 ordinary shares	260,473
21-Mar-22	Thorney Opportunities Ltd	Market purchase	$11,339.73	78,205 ordinary shares	78,205
22-Mar-22	Thorney Opportunities Ltd	Market purchase	$5,991.69	41,322 ordinary shares	41,322
23-Mar-22	Thorney Opportunities Ltd	Market purchase	$15,521.38	107,044 ordinary shares	107,044
29-Mar-22	Thorney Opportunities Ltd	Market purchase	$53,228.34	367,092 ordinary shares	367,092
31-Mar-22	Thorney Opportunities Ltd	Market purchase	$1,751.75	12,081 ordinary shares	12,081
01-Apr-22	Thorney Opportunities Ltd	Market purchase	$603.06	4,159 ordinary shares	4,159
04-Apr-22	Thorney Opportunities Ltd	Market purchase	$64,457.43	444,534 ordinary shares	444,534
05-Apr-22	Thorney Opportunities Ltd	Market purchase	$24,959.43	172,134 ordinary shares	172,134
02-May-22	Thorney Opportunities Ltd	Market purchase	$3,417.61	41,176 ordinary shares	41,176
03-May-22	Thorney Opportunities Ltd	Market purchase	$81,500.04	958,824 ordinary shares	958,824
09-May-22	Thorney Technologies Ltd	Market purchase	$Nil	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

interest

securities

as holder

securities

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

Corporations Act 2001 (Cth) (the Act) as it

Ltd

Pty Ltd

Ltd

shares

is the beneficial holder of those shares.

Thorney

UBS

Thorney

Thorney Technologies Ltd has a relevant

9,500,000

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

Technologies

Nominees

Technologies

ordinary

9,500,000

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

have a relevant interest as it has the

ordinary

9,000,000

Ltd

capacity to determine the outcome of

shares

Thorney

UBS

Thorney

decisions about the financial and operating

9,500,000

Technologies

policies of each of the entities in the

ordinary

9,500,000

Investment

Nominees

Ltd

adjacent column.

shares

Group

Pty Ltd

Thorney Investment Group is taken under

27,961,173

TIGA Trading

section 608(3)(b) of the Act to have a

ordinary

27,961,173

Pty Ltd

relevant interest as it holds all the issued

shares

capital in Tiga Trading.

Jasforce Pty

Jasforce

Jasforce

Jasforce has a relevant interest under

4,672,532

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

ordinary

4,672,532

Ltd (Jasforce)

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 of

shares

the Act, has the capacity to determine the

4,672,532

outcome of decisions about the financial

Jasforce

Jasforce

and operating policies of each of those

ordinary

4,672,532

entities.

shares

1,007,576

Urban Land

Urban Land

ordinary

1,007,576

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

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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
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 Technologies Ltd, ACN 096 782 188	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 ACIS, CPA	Capacity SECRETARY
Sign here		Date: 3 June 2022

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