Change in substantial holding
Form 604
Corporations Act 2001
Section 671B
Notice of change of interests of substantial holder
To Company Name/ Scheme
Westgold Resources Limited
ACN/ ARSN
009 260 306
1. Details of substantial holder (1)
Name
L1 Capital Pty Ltd
ACN/ ARSN (if applicable)
125 378 145
There was a change in the interests of the substantial holder on
29/05/2024
The previous notice was given to the company on
19/04/2024
The previous notice was dated
19/04/2024
2. Previous and present 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 when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:
Class of securities (4)
FPO
Previous notice
Person's votes
Voting power (5)
67,062,543
14.16%
Present notice
Person's votes
Voting power (5)
72,243,854
15.25%
*Based on issued capital of 473,622,730 shares
3. Changes in relevant interests
Particulars of each change in, or change in the nature of, a relevant interest 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 or scheme are as follows:
Date of
change
Person whose relevant interest
changed
Nature of change (6)
Consideration given in
relation to change (7)
Class and number of
securities affected
Person's votes affected
Class and number of
securities
Person's votes
See
Annexure A
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
See
Annexure B
Registered Holder of securities
Person entitled to be
registered as holder (8)
Nature of relevant interest
5. Changes in association
The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting
interests in the company or scheme are as follows:
Name and ACN/ ARSN (if applicable)
N/A
Nature of association
6. Addresses
The addresses of persons named in this form are as follows:
Name
L1 Capital Pty Ltd
Address
Level 45, 101 Collins Street, Melbourne, VIC, 3000
Signature
Print name
Jane Stewart
Capacity
Sign here
Date
Head of Legal and Compliance
31/05/2024
DIRECTIONS
(1)
If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an
equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to
throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the
form.
(2)
See the definition of "associate" in section 9 of the Corporations Act 2001.
(3)
See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
(4)
The voting shares of a company constitute one class unless divided into separate classes.
(5)
The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
(6)
Include details of:
(a)
(b)
any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of
any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written
statement certifying this contract, scheme or arrangement; and
any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates
(indicating clearly the particular securities to which the qualification applies).
See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.
(7)
Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that
acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate
in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.
(8)
If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".
(9)
Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.
Annexure A
L1 Capital Pty Ltd (ACN 125 378 145) change in substantial holding in Westgold Resources Limited
This is Annexure "A" of 1 page referred to in the Form 604 (Notice of Change of interests of Substantial Holder)
Print Name
Capacity
Jane Stewart
Sign Here
Head of Legal and Compliance
Date
31/05/2024
Class and number of
securities affected
Person's votes
affected
FPO
FPO
450,000
6,231
Changes in relevant interests
Nature of change (6)
Consideration given in relation to change (7)
22/04/2024
Person whose relevant
interest changed
L1 Capital Pty Ltd
On-Market Purchase
1,009,034.65
30/04/2024
L1 Capital Pty Ltd
On-Market Sale
14,222.26
450,000
6,231
3/05/2024
L1 Capital Pty Ltd
On-Market Purchase
1,411,648.71
673,818
FPO
673,818
6/05/2024
L1 Capital Pty Ltd
On-Market Purchase
1,004,290.80
467,112
FPO
467,112
7/05/2024
L1 Capital Pty Ltd
On-Market Purchase
1,830,554.54
833,329
FPO
833,329
20/05/2024
L1 Capital Pty Ltd
On-Market Purchase
905,423.98
400,000
FPO
400,000
21/05/2024
L1 Capital Pty Ltd
On-Market Purchase
952,112.63
414,288
FPO
414,288
22/05/2024
L1 Capital Pty Ltd
On-Market Purchase
2,661,894.06
1,152,886
FPO
1,152,886
29/05/2024
L1 Capital Pty Ltd
On-Market Purchase
824,847.47
371,856
FPO
371,856
30/05/2024
L1 Capital Pty Ltd
On-Market Purchase
424,253
FPO
424,253
Date of change
954,569.25
Annexure B
L1 Capital Pty Ltd (ACN 125 378 145) change in substantial holding in Westgold Resources Limited
This is Annexure "B" of 1 page referred to in the Form 604 (Notice of Change of interests of Substantial Holder)
Print Name
Jane Stewart
Sign Here
Capacity
Head of Legal and Compliance
Date
31/05/2024
Details of present relevant interests
Holder of relevant interest
Registered holder of securities
Persons entitled to be a registered holder
Nature of relevant
interest
Class and number of
securities
28,351,357 FPO
L1 Capital Pty Ltd
Goldman Sachs International
Goldman Sachs International
Power to (or to control)
exercise vote and/or dispose of
the securities as discretionary
investment managers or
advisers of superannuation
funds, pooled superannuation
trusts, managed investment
schemes and investment
management agreements.
L1 Capital Pty Ltd
Morgan Stanley & Co. International PLC
Morgan Stanley & Co. International PLC
as above
22,339,087 FPO
L1 Capital Pty Ltd
Merrill Lynch (Australia) Nominees Pty Limited
Merrill Lynch (Australia) Nominees Pty Limited
as above
21,553,410 FPO
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