Vocus : Becoming a substantial holder

Form 603

Corporations Law

Section 671B

Notice of initial substantial holder

To: Company Name/Scheme	VOCUS GROUP LIMITED
ACN/ARSN	084 115 499

1. Details of substantial holder (1)

Name:	UBS Group AG and its related bodies corporate
ACN/ARSN (if applicable)
The holder became a substantial holder on:	12 March 2021

2. Details of voting power

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 an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)	Number of securities	Persons' votes (5)	Voting power (6)
Ordinary	31,106,628	31,106,628	5.01%

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	Nature of relevant interest (7)	Class and number of
securities
UBS Asset Management	Fund Manager with power to exercise control over	5,449,727	Ordinary
(Australia) Ltd	voting shares
UBS Asset Management	Fund Manager with power to exercise control over	52,123	Ordinary
(Deutschland) GmbH	voting shares
UBS Asset Management (UK)	Fund Manager with power to exercise control over	260,605	Ordinary
Limited	voting shares
UBS Asset Management Life	Fund Manager with power to exercise control over	126,044	Ordinary
Limited	voting shares
UBS Asset Management	Fund Manager with power to exercise control over	36,036	Ordinary
Switzerland AG	voting shares
UBS Asset Management Trust	Fund Manager with power to exercise control over	52,538	Ordinary
Company	voting shares
UBS Fund Management	Fund Manager with power to exercise control over	538,672	Ordinary
(Switzerland) AG	voting shares
UBS AG London Branch	Beneficial Owner	13,456	Ordinary
	Power to control disposal over shares pursuant to stock	9,000,000	Ordinary
	borrowing and lending activities
UBS Securities Australia Ltd	Beneficial Owner	15,385,129	Ordinary

UBS AG, Australia Branch	Prime Broker that has exercised its borrowing right in	192,298	Ordinary
	respect of shares pursuant to a Prime Broking
	Agreement

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	registered as holder (8)	securities
UBS Asset Management	Various Custodians	UBS Asset Management	5,449,727	Ordinary
(Australia) Ltd		(Australia) Ltd
UBS Asset Management	Various Custodians	UBS Asset Management	52,123	Ordinary
(Deutschland) GmbH		(Deutschland) GmbH
UBS Asset Management (UK)	Various Custodians	UBS Asset Management	260,605	Ordinary
Limited		(UK) Limited
UBS Asset Management Life	Various Custodians	UBS Asset Management Life	126,044	Ordinary
Limited		Limited
UBS Asset Management	Various Custodians	UBS Asset Management	36,036	Ordinary
Switzerland AG		Switzerland AG
UBS Asset Management Trust	Various Custodians	UBS Asset Management	52,538	Ordinary
Company		Trust Company
UBS Fund Management	Various Custodians	UBS Fund Management	538,672	Ordinary
(Switzerland) AG		(Switzerland) AG
UBS AG London Branch	Various Custodians	UBS AG London Branch	9,013,456	Ordinary
UBS Securities Australia Ltd	Brispot Nominees Pty Ltd	UBS Securities Australia Ltd	15,385,129	Ordinary
UBS AG, Australia Branch	UBS Nominees Pty Ltd	UBS AG, Australia Branch	192,298	Ordinary

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 interest	Date of acquisition	Consideration (9)	Class and number
of securities
		Cash	Non-cash
Please see Appendix B.

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ ARSN (if applicable)	Nature of association
UBS Asset Management (Australia) Ltd	Related body corporate
UBS Asset Management (Deutschland) GmbH	Related body corporate
UBS Asset Management (UK) Limited	Related body corporate
UBS Asset Management Life Limited	Related body corporate
UBS Asset Management Switzerland AG	Related body corporate
UBS Asset Management Trust Company	Related body corporate
UBS Fund Management (Switzerland) AG	Related body corporate
UBS AG London Branch	Related body corporate
UBS Securities Australia Ltd	Related body corporate

Brispot Nominees Pty Ltd	Related body corporate
UBS AG, Australia Branch	Related body corporate
UBS Nominees Pty Ltd	Related body corporate

7. Addresses

The addresses of persons named in this form are as follows:

Name and ACN/ ARSN (if applicable)	Nature of association
UBS Asset Management (Australia) Ltd	Level 16, Chifley Tower, 2 Chifley Square, Sydney, Australia
UBS Asset Management (Deutschland) GmbH	Bockenheimer Landstrasse 2-4, Frankfurt am Main, Germany
UBS Asset Management (UK) Limited	5 Broadgate, London, United Kingdom
UBS Asset Management Life Limited	5 Broadgate, London, United Kingdom
UBS Asset Management Switzerland AG	Bahnhofstrasse 45, Zürich, Switzerland
UBS Asset Management Trust Company	Illinois Corporation Service Company 801 Adlai Stevenson
	Drive, Springfield, IL, USA
UBS Fund Management (Switzerland) AG	Aeschenplatz 6, Basel, Switzerland
UBS AG London Branch	5 Broadgate, London, United Kingdom
UBS Securities Australia Ltd	Level 16, Chifley Tower, 2 Chifley Square, Sydney, Australia
Brispot Nominees Pty Ltd	Level 16, Chifley Tower, 2 Chifley Square, Sydney, Australia
UBS AG, Australia Branch	Level 16, Chifley Tower, 2 Chifley Square, Sydney, Australia
UBS Nominees Pty Ltd	Level 16, Chifley Tower, 2 Chifley Square, Sydney, Australia

SIGNATURE

Print Name:	Andrew Costley	Capacity:	Authorised signatory
Sign Here:		Date:	16 March 2021
Print Name:	Joanne Chan	Capacity:	Authorised signatory
Sign Here:
	Date:	16 March 2021

Contact details for this notice:

--------------------------------------------------------------

Andrew Costley

Group Compliance, Regulatory & Governance

1. [phone]
   --------------------------------------------------------------

Appendix A

Holder of relevant interest	UBS AG, Australia Branch
Type of agreement	Prime Brokerage Agreement
Parties to agreement	(i) UBS AG, Australia Branch
	("UBS AG")
	(ii) Client (Please refer to Appendix
	A-1.)
Transfer date	Please refer to Appendix A-1.
Holder of voting rights	UBS AG
Are there any restrictions on	Please refer to the details below.
voting rights?
If yes, detail	Since all right and title in the
	securities passes to the transferee
	(i.e. UBS AG), the transferee has
	the right to vote. However, in
	certain circumstances, the
	transferee may seek to arrange for
	voting rights to be exercised in
	accordance with the instructions of
	the transferor (i.e. Client).
Scheduled return date (if any)	None, subject to the terms of the
	relevant loan.
Does the borrower have the right	Yes.
to return early?
If yes, detail	The borrower (i.e. UBS AG) has the
	right to return at its discretion.
Does the lender have the right to	Yes.
recall early?
If yes, detail	The lender (i.e. Client) can recall at
	its request subject to compliance
	with margin requirements and the
	terms of the relevant loan.
Will the securities be returned on	Yes.
settlement?
If yes, detail any exceptions	None.

The information in this appendix is based on the relevant standard UBS agreement.

A copy of the agreement is available to the company, or responsible entity to whom the prescribed form must be given, or to ASIC, upon request.

Appendix A-1

Prime Brokerage Agreement - UBS AG, Australia Branch

Parties to agreement	Transfer date
Regal Funds Management Pty Limited as trustee and manager of Tasman Market	(i)	8 February 2021
Neutral Fund	(ii)	10 February 2021
	(iii)	15 February 2021
Regal Investment Fund	(i)	10 February 2021
	(ii)	15 February 2021