Ceasing to be a substantial holder
Released
Released
Announcement PDF
605 Page 1 27-Sep-2024
Form 605
Corporations Act 2001
Section 671B
Notice of ceasing to be a substantial holder
To Company Name/Scheme
WESTGOLD RESOURCES LIMITED
ACN/ARSN
009 260 306
1. Details of substantial holder (1)
State Street Corporation and subsidiaries named in paragraph 4 to this form
Name
ACN/ARSN (if applicable)
The holder ceased to be a substantial holder on
25/09/2024
The previous notice was given to the company on
26/09/2024
The previous notice was dated
24/09/2024
2. Changes in relevant interests
Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) 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 (4)
Consideration
given in relation
to change (5)
Class (6) and
number of
securities
affected
Person's votes
affected
Annexure A, B & C
3. Changes in association
The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting
interests in the company or scheme are as follows:
Name and ACN/ARSN (if applicable)
Nature of association
STATE STREET BANK AND TRUST COMPANY
Subsidiary of State Street Corporation
STATE STREET GLOBAL ADVISORS EUROPE LIMITED
Subsidiary of State Street Corporation
SSGA FUNDS MANAGEMENT, INC.
Subsidiary of State Street Corporation
STATE STREET GLOBAL ADVISORS TRUST COMPANY
Subsidiary of State Street Corporation
STATE STREET GLOBAL ADVISORS LIMITED
Subsidiary of State Street Corporation
STATE STREET GLOBAL ADVISORS, AUSTRALIA, LIMITED
Subsidiary of State Street Corporation
4. Addresses
The addresses of persons named in this form are as follows:
Name
Address
STATE STREET BANK AND TRUST COMPANY
ONE CONGRESS STREET, SUITE 1,
STATE STREET GLOBAL ADVISORS EUROPE LIMITED
78 SIR JOHN ROGERSON’S QUAY, DUBLIN 2, IRELAND
SSGA FUNDS MANAGEMENT, INC.
CHANNEL
STATE STREET GLOBAL ADVISORS TRUST COMPANY
1 IRON STREET, BOSTON MA 02210, UNITED STATES
STATE STREET GLOBAL ADVISORS LIMITED
20
STATE STREET GLOBAL ADVISORS, AUSTRALIA, LIMITED
LEVEL 15, 420 GEORGE STREET, SYDNEY NSW 2000, AUSTRALIA
BOSTON MA 02114, UNITED STATES
CENTER, 1 IRON STREET, BOSTON MA 02210, UNITED STATES
CHURCHILL PLACE, LONDON, ENGLAND, E14 5HJ, UNITED KINGDOM
Signature
print name
sign here
Alok Maheshwary
capacity
Authorised signatory
date
27/09/2024
605 Page 2 27-Sep-2024
(1)
DIRECTIONS
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 4 of
the form.
(2)
See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
(3)
See the definition of "associate" in section 9 of the Corporations Act 2001.
(4)
Include details of:
(a)
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
(b)
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.
(5)
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.
(6)
The voting shares of a company constitute one class unless divided into separate classes.
(7)
Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.
605 Page 3 27-Sep-2024
Annexure A
This is Annexure A referred to in Form 605, Notice of ceasing to be substantial holder
Alok Maheshwary
Authorised signatory
Dated the 27/09/2024
Date of change
Person whose relevant interest
Nature of change
Consideration given in
relation to change
25/09/2024
STATE STREET BANK AND TRUST
COMPANY
Lend - for stock lend
n/a
312,091
Ordinary
312,091
25/09/2024
STATE STREET BANK AND TRUST
COMPANY
Collateral received
n/a
4
Ordinary
4
25/09/2024
STATE STREET BANK AND TRUST
COMPANY
Collateral received
n/a
-103,465
Ordinary
-103,465
25/09/2024
STATE STREET BANK AND TRUST
COMPANY
Collateral received
n/a
-122,710
Ordinary
-122,710
25/09/2024
STATE STREET BANK AND TRUST
COMPANY
Collateral received
n/a
-110,009
Ordinary
-110,009
25/09/2024
STATE STREET BANK AND TRUST
COMPANY
Collateral received
n/a
-258,184
Ordinary
-258,184
25/09/2024
STATE STREET BANK AND TRUST
COMPANY
Collateral received
n/a
-5,554
Ordinary
-5,554
25/09/2024
STATE STREET BANK AND TRUST
COMPANY
Collateral received
n/a
-25,817
Ordinary
-25,817
25/09/2024
STATE STREET BANK AND TRUST
COMPANY
Collateral received
n/a
-129,356
Ordinary
-129,356
25/09/2024
STATE STREET BANK AND TRUST
COMPANY
Collateral received
n/a
-27,476
Ordinary
-27,476
25/09/2024
STATE STREET BANK AND TRUST
COMPANY
Collateral received
n/a
-11,996
Ordinary
-11,996
25/09/2024
STATE STREET BANK AND TRUST
COMPANY
Collateral received
n/a
-1,297,797
Ordinary
-1,297,797
25/09/2024
STATE STREET BANK AND TRUST
COMPANY
Collateral received
n/a
-3,657,751
Ordinary
-3,657,751
25/09/2024
STATE STREET BANK AND TRUST
COMPANY
Collateral received
n/a
-16,500
Ordinary
-16,500
25/09/2024
STATE STREET BANK AND TRUST
COMPANY
Collateral received
n/a
-8,920
Ordinary
-8,920
25/09/2024
STATE STREET BANK AND TRUST
COMPANY
Collateral received
n/a
-41,409
Ordinary
-41,409
25/09/2024
STATE STREET BANK AND TRUST
COMPANY
Collateral received
n/a
-127,465
Ordinary
-127,465
25/09/2024
STATE STREET BANK AND TRUST
COMPANY
Collateral received
n/a
-100,093
Ordinary
-100,093
25/09/2024
STATE STREET BANK AND TRUST
COMPANY
Collateral received
n/a
-190,170
Ordinary
-190,170
25/09/2024
STATE STREET BANK AND TRUST
COMPANY
Collateral received
n/a
-8,950
Ordinary
-8,950
25/09/2024
STATE STREET BANK AND TRUST
COMPANY
Collateral received
n/a
-11,485
Ordinary
-11,485
Class and number of securities affected
Person's votes
affected
605 Page 4
27-Sep-2024
Dated the
27/09/2024
Annexure B
This is Annexure B referred to in Form 605, Notice of ceasing to be substantial holder
Alok Maheshwary
Authorised signatory
State Street Bank and Trust Company will, if requested by the company or responsible entity to whom this form must be given under the Corporations Act 2001 (Cth) or if
requested by the Australian Securities and Investment Commission (ASIC), provide a copy of the master securities lending agreement/s and security agreement/s referred to
below to the company, responsible entity or ASIC.
Part A: For relevant interests arising out of lending securities - State Street Bank and Trust Company acquires relevant interest as lender of the securities under securities
lending authorisation agreement, subject to obligation to return under the agreement. (State Street Bank and Trust Company has lent the securities and retains relevant
interest as per Part B of this Annexure.)
Type of agreement:
Parties to agreement:
Holder of voting rights
Are there any restrictions on voting rights?
If yes, in what detail?
Securities Lending Authorisation Agreement/ Global Master Securities Lending
Agreement/ Securities Loan Agreement.
A pro forma copy of the agreement will be given if requested by the ASIC or the
company or responsible entity to whom the prescribed report is given.
(1) State Street Bank and Trust Company
(2) Counterparty / entities details to be shared, as and when requested.
BORROWER
(1) No
(2) Yes. (Borrower has the right to vote, but may on-lend securities)
(1) Only if instructed to by the borrower
(2) As determined by the owner of the securities
Date on which the securities were (or are) expected to be delivered to the borrower
or its nominee (ie borrow date):
The dates on which the securities were delivered by State Street Bank and Trust
Company as borrower are set out in Annexure A to this notice
Scheduled date (if any) when the securities are expected to be returned to the
lender or its nominee (ie return date)
No scheduled return date
Does the borrower have the right to return the securities early? [Yes/No]
If yes, in which circumstances?
Does the lender have the right to recall the securities early (ie before the
scheduled return date)? [Yes/No]
If yes, in which circumstances?
No scheduled return date. Borrower can return securities or equivalent securities at
any time subject to giving notice
Borrower can return securities or equivalent securities at any time subject to giving
notice
No scheduled return date. Lender can require return of securities or equivalent
securities at any time subject to giving notice
Lender can require return of securities or equivalent securities at any time subject to
giving notice
Are there circumstances in which the borrower will not be required to return the
securities on settlement? [Yes/No]
No
If yes, in which circumstances?
n/a
Part B: For relevant interests arising out of lending securities - State Street Bank and Trust Company acquires a relevant interest in securities through taking a security interest
(“title transfer”) over the securities as collateral to secure a securities loan. (See Part A of this Annexure for securities loan details.)
Type of agreement:
Parties to agreement:
Holder of voting rights
Are there any restrictions on voting rights?
If yes, in what detail?
Date on which the securities were (or are) expected to be delivered to the borrower
or its nominee (ie borrow date):
Scheduled date (if any) when the securities are expected to be returned to the
lender or its nominee (ie return date)
Does the borrower have the right to return the securities early? [Yes/No]
If yes, in which circumstances?
Global Master Securities Lending Agreement
Securities Lending Authorisation Agreement
If requested, a pro forma copy of the agreement will be given to the ASIC or the
company or responsible entity to whom the prescribed report was given.
(1) State Street Bank and Trust Company
(2) Counterparty / entities details to be shared, as and when requested.
LENDER
(1) Yes, but only if the borrower defaults and ownership is enforce;
(2) Yes
(1) Only if the borrower defaults and ownership is enforced;
The dates on which the securities were transferred, as indicated in Annexure A to
this notice
No scheduled return date. Securities collateral is returned on termination of related
securities loan
At any time subject to returning the borrowed securities or equivalent securities or
providing alternative collateral
At any time subject to returning the borrowed securities or equivalent securities or
providing alternative collateral
Does the lender have the right to recall the securities early (ie before the
scheduled return date)? [Yes/No]
No, assuming the borrower returns the borrowed securities or equivalent securities
If yes, in which circumstances?
n/a (lender must return securities collateral if the borrower returns the borrowed
securities or equivalent securities)
605 Page 5 27-Sep-2024
Annexure C
This is Annexure C referred to in Form 605, Notice of ceasing to be substantial holder
Alok Maheshwary
Dated the
Authorised signatory
27/09/2024
State Street Bank and Trust Company will, if requested by the company or responsible entity to whom this form must be given under the Corporations Act 2001 (Cth) or if
requested by the Australian Securities and Investment Commission (ASIC), provide a copy of the master securities lending agreement/s and security agreement/s referred to
below to the company, responsible entity or ASIC.
Part A: For relevant interests arising out of lending securities - State Street Bank and Trust Company acquires relevant interest as borrower of the securities under securities
lending agreement, subject to obligation to return under the agreement. (State Street Bank and Trust Company has on-lent the securities and retains relevant interest as per
Part A of this Annexure.)
Type of agreement:
Parties to agreement:
Holder of voting rights
Are there any restrictions on voting rights?
If yes, in what detail?
Global Master Securities Lending Agreement/Master Securities Loan
Agreement/Securities Loan Agreement.
If requested, a pro forma copy of the agreement will be given to the ASIC or the
company or responsible entity to whom the prescribed report was given.
(1) State Street Bank and Trust Company
(2) Counterparty / entities details to be shared, as and when requested.
BORROWER
(1) Yes (if the borrower is the registered holder. However the securities are on-lent
by the borrower as per Part B of this Annexure)
(2) No, not during term of securities loan
(1) Only if the borrower is the registered holder. However the securities are on-lent
by the borrower as per Part B of this Annexure
(2) n/a
Date on which the securities were (or are) expected to be delivered to the borrower
or its nominee (ie borrow date):
The dates on which the securities were delivered to State Street Bank and Trust
Company as borrower are set out in Annexure A to this notice
Scheduled date (if any) when the securities are expected to be returned to the
lender or its nominee (ie return date)
No scheduled return date
Does the borrower have the right to return the securities early? [Yes/No]
If yes, in which circumstances?
Does the lender have the right to recall the securities early (ie before the
scheduled return date)? [Yes/No]
If yes, in which circumstances?
Are there circumstances in which the borrower will not be required to return the
securities on settlement? [Yes/No]
If yes, in which circumstances?
No scheduled return date. Borrower can return securities or equivalent securities at
any time subject to giving notice
Borrower can return securities or equivalent securities at any time subject to giving
notice
No scheduled return date. Lender can require return of securities or equivalent
securities at any time subject to giving notice
Lender can require return of securities or equivalent securities at any time subject to
giving notice
No
n/a
Part B: For relevant interests arising out of lending securities - State Street Bank and Trust Company lends the securities under securities lending agreement, and retains
relevant interest through the right to recall the securities or equivalent securities.
Type of agreement:
Global Master Securities Lending Agreement/Master Securities Loan Agreement. If
requested, a pro forma copy of the agreement will be given to the ASIC or the
company or responsible entity to whom the prescribed report was given.
Parties to agreement:
(1) State Street Bank and Trust Company
(2) Counterparty / entities details to be shared, as and when requested.
Holder of voting rights
Are there any restrictions on voting rights?
LENDER
(1) Yes, but only if the lender recalls the loan and exercises its right to become the
registered holder
(2) Yes (while registered holder)
If yes, in what detail?
(1) Only if the lender recalls the loan and exercises its right to become the registered
holder
(2) Borrower may exercise voting rights (while registered holder)
Date on which the securities were (or are) expected to be delivered to the borrower
or its nominee (ie borrow date):
The dates on which the securities were delivered to the borrower are set out in
Annexure A to this notice
Scheduled date (if any) when the securities are expected to be returned to the
lender or its nominee (ie return date)
No scheduled return date
Does the borrower have the right to return the securities early? [Yes/No]
If yes, in which circumstances?
Does the lender have the right to recall the securities early (ie before the
scheduled return date)? [Yes/No]
If yes, in which circumstances?
No scheduled return date. Borrower can return securities or equivalent securities at
any time subject to giving notice
Borrower can return securities or equivalent securities at any time subject to giving
notice
No scheduled return date. Lender can require return of securities or equivalent
securities at any time subject to giving notice
Lender can require return of securities or equivalent securities at any time subject to
giving notice
Are there circumstances in which the borrower will not be required to return the
securities on settlement? [Yes/No]
No
If yes, in which circumstances?
n/a
605 Page 6 27-Sep-2024
Part C: For relevant interests arising out of lending securities - State Street Bank and Trust Company acquires a relevant interest in securities through taking a security interest
(“pledge”) over the securities as collateral to secure a securities loan. (See Part B of this Annexure for securities loan details.)
Type of agreement:
Parties to agreement:
Holder of voting rights
Are there any restrictions on voting rights?
If yes, in what detail?
Global Master Securities Lending Agreement
Security Agreement: If requested, a pro forma copy of the agreement will be given to
the ASIC or the company or responsible entity to whom the prescribed report was
given.
(1) State Street Bank and Trust Company
(2) Counterparty / entities details to be shared, as and when requested.
LENDER
(1) Yes, but only if the borrower defaults and pledge is enforced
(1) Only if the borrower defaults and pledge is enforced
(2) In accordance with ordinary rights as registered holder, either directly or
through nominee holder
Date on which the securities were (or are) expected to be delivered to the borrower
or its nominee (ie borrow date):
The dates on which the securities were pledged, as indicated in Annexure A to this
notice
Scheduled date (if any) when the securities are expected to be returned to the
lender or its nominee (ie return date)
No scheduled release date. Securities are released from pledge on termination of
related securities loan
No scheduled release date. Securities are released from pledge on termination of
related securities loan or the provision of alternative collateral
At any time subject to returning the borrowed securities or equivalent securities or
providing alternative collateral
Does the borrower have the right to return the securities early? [Yes/No]
If yes, in which circumstances?
Does the lender have the right to recall the securities early (ie before the
scheduled return date)? [Yes/No]
No, assuming the borrower returns the borrowed securities or equivalent securities
If yes, in which circumstances?
n/a (lender must release pledged securities if the borrower returns the borrowed
securities or equivalent securities)
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