Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

ToCompany Name/SchemeCIRRUS NETWORKS HOLDINGS LIMITED (CNW)

ACN/ARSN

103 348 947

1. Details of substantial holder (1)

Name

ACN/ARSN (if applicable)

WEBCENTRAL GROUP LIMITED ACN 073 716 793 (WCG), 5G NETWORKS LIMITED ACN 163 312 025 (5GN)and each of the subsidiaries of WCG and 5GN set out in Annexure "A" (WCG / 5GN Group Entities)

As above and see Annexure "A" for WCG / 5GN Group Entities

There was a change in the interests of the substantial holder on

The previous notice was given to the company on

The previous notice was dated

2. Previous and present voting power

29 September 2021

16 September 2021

16 September 2021

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)

Previous notice

Present notice

Person's votes

Voting power (5)

Person's votes

Voting power (5)

Fully Paid Ordinary Shares

155,666,592

16.74% (based on

167,022,790

17.96% (based on

FPOs in CNW on

FPOs in CNW on

("FPOs")

issue of 930,006,385)

issue of

930,006,385)

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

Person whose

Nature of change (6)

Consideration

Class and number

Person's

change

relevant interest

given in

of securities

votes

changed

relation to

affected

affected

change (7)

See

Acquisitions of relevant interests in FPOs

See Annexure

See

WCG / 5GN

pursuant to acquisitions on-market in the

See Annexure "B"

Annexure

Annexure "B"

"B"

ordinary course of trading on ASX or Chi-X.

"B"

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

Registered holder

Person entitled

Nature of relevant interest (6)

Class and

Person's

interest

of securities

to be registered

number of

votes

as holder (8)

securities

Holder of FPOs - in the case of WCG,

relevant interest under section 608(1) of the

167,022,790

167,022,790

Corporations Act and, in the case of 5GN,

fully paid

WCG / 5GN

WCG

WCG

fully paid

relevant interest under section 608(3) of the

ordinary

ordinary shares

Corporations Act

shares

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)

Nature of association

WCG / 5GN Group Entities

Subsidiaries or related bodies corporate of WCG and 5GN

6. Addresses

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

Name

Address

WCG

Level 7, 505 Little Collins Street, Melbourne, VIC 3000

5GN

Level 8, 99 William Street Melbourne VIC 3000

WCG / 5GN Group Entities

Level 7, 505 Little Collins Street, Melbourne, VIC 3000

Level 8, 99 William Street Melbourne VIC 3000

Signature

print name

Michael Wilton

capacity

Joint Company Secretary for WCG /

5GN

sign here

date

30 September 2021

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:
    1. 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
    2. 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.

  1. 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.
  2. 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"
  3. Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

ANNEXURE A

This is Annexure "A" of 1 page referred to in the Form 604 Notice of Initial Substantial Holder for WCG / 5GN and others signed by me and dated 30 September 2021

Signature:

_______________________

Print Name:

Michael Wilton

Capacity:

Joint Company Secretary for WCG / 5GN

Date:

30 September 2021

DETAILS OFWCG/5GN Group Entities

WCG Subsidiaries

Entity

Interest held

Netregistry Services Pty Ltd ACN 625 754 430

100%

Netregistry Operations Pty Ltd ACN 625 744 505

100%

A.C.N. 063 963 039 Pty Ltd ACN 063 963 039

100%

Netregistry Group Pty Limited ACN 128 050 019

100%

Netregistry Pty Ltd ACN 080 859 721

100%

Web Marketing Experts Pty Ltd ACN 134 954 279

100%

Webcentral Pty Ltd ACN 084 429 318

100%

PlanetDomain Pty Ltd ACN 122 194 745

100%

Domainz Limited NZCN 830304

100%

Results First Limited NZCN 5240641

100%

5GN Subsidiaries (excluding WCG and its Subsidiaries)

Entity

Interest held

5G Network Operations Pty Ltd ACN 620 305 393

100%

Enspire Australia Pty Ltd ACN 105 883 887

100%

Asian Pacific Telecommunications Pty Ltd ACN 091 353 374

100%

5G Networks Finance Pty Ltd ACN 605 721 024

100%

Australian Pacific Data Centres Pty Ltd ACN 605 265 218

100%

Anittel Pty Ltd ACN 123 808 677

100%

Hostworks Pty Ltd ACN 087 307 695

100%

Hostworks Group Pty Ltd ACN 008 010 820

100%

Logic Communications Pty Ltd ACN 168 914 127

100%

Modular IT Pty. Ltd ACN 147 267 383

100%

ANNEXURE B

This is Annexure "B" of 1 page referred to in the Form 604 Notice of Initial Substantial Holder for WCG / 5GN and others signed by me and dated 30 September 2021

Signature:

_______________________

Print Name:

Michael Wilton

Capacity:

Joint Company Secretary for WCG / 5GN

Date:

30 September 2021

Details of changes in relevant interests pursuant to purchases on market

Date of change

Consideration given in

Class and number of

Person's votes

relation to change

securities affected

affected

22

September

$20,824.27

682,763 fully paid

682,763

2021

ordinary shares

23

September

$22,000

687,500 fully paid

687,500

2021

ordinary shares

24

September

$12,629.48

400,936 fully paid

400,936

2021

ordinary shares

27

September

$27,100

850,000 fully paid

850,000

2021

ordinary shares

28

September

$15,750

500,000 fully paid

500,000

2021

ordinary shares

29

September

$263,519.97

8,234,999 fully paid

8,234,999

2021

ordinary shares

TOTAL

$361,823.72

11,356,198 fully paid

11,356,198

ordinary shares

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