Form 605
Corporations Act 2001
Section 671B
Notice of ceasing to be a substantial holder
For personal use only
ToCompany Name/Scheme | ASPEN GROUP | ||
ACN/ARSN | 004 160 927 | ||
1. Details of substantial holder (1) | |||
Name | Pinnacle Investment Management Group Limited (and its subsidiaries | ||
listed in Annexure A) | |||
ACN/ARSN (if applicable) | 100 325 184 | ||
The holder ceased to be a substantial holder on | 30/11/2021 | ||
The previous notice was given to the company on | 30/08/2021 | ||
The previous notice was dated | 30/08/2021 |
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 | Person whose | Nature of change (4) | Consideration given in | Class (6) and | Person's votes |
change | relevant interest | relation to change (5) | number of | affected | |
changed | securities affected | ||||
REFER TO | |||||
ANNEXURE | |||||
A PART 1 | |||||
AND PART | |||||
2 | |||||
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
REFER TO ANNEXURE B - NO
CHANGES
4. Addresses
The addresses of persons named in this form are as follows:
Name | Address |
REFER TO ANNEXURE C
Signature
print name | CALVIN KWOK | capacity COMPANY SECRETARY |
For personal use only
(1)
(2)
(3)
(4)
(5)
(6)
(7)
sign here | date | 03/12/2021 |
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.
See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
See the definition of "associate" in section 9 of the Corporations Act 2001.
Include details of:
- 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.
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.
The voting shares of a company constitute one class unless divided into separate classes.
Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.
ASPEN GROUP
Annexure A - Part 1
Date of Change | Person whose relevant interest changed | Nature of change | Consideration | Number of | Person's | Class of securities | ||
given in relation | securities | votes | ||||||
to change | affected | affected | ||||||
Pinnacle Investment Management Group Limited | Acquisition of securities by one or | $ | 149,999.95 | 112,780 | 112,780 | Ordinary fully paid | ||
only | Pinnacle Investment Management Limited | more affiliated investment | ||||||
Ariano Pty Limited (ACN 605 250 799) | managers which it or its associates | |||||||
Next Financial Limited (ACN 081 722 894) | holds directly or indirectly above | |||||||
Next Financial Nominees Pty Ltd (ACN 093 252 576) | 20% voting power in (see | |||||||
Next Financial Nominees No. 2 Pty Ltd (ACN 132 819 115) | Annexure A - Part 2) and/or | |||||||
Investment Solutions Client Services Pty Ltd (ACN 117 898 334) | Pinnacle Fund Services Limited, | |||||||
Priority Funds Management Pty Ltd (ACN 120 826 575) | who each in turn hold relevant | |||||||
Priority Investment Management Pty Ltd (ACN 116 943 456 | interests in the securities the | |||||||
PNI Option Plan Managers Pty Ltd (ACN 125 030 766) | subject of this notice. | |||||||
Pinnacle RE Services Limited (ACN 130 508 379) | ||||||||
Pinnacle Services Administration Pty Ltd (ACN 126 175 148) | ||||||||
Pinnacle Investment Management (UK) Limited (Company Number | ||||||||
use | 2021-09-15 to 2021-09- | |||||||
11026111) | ||||||||
15 | POSH Nominees Pty Limited (ACN 620 094 251) | |||||||
Pinnacle Fund Services Limited (ACN 082 494 362) | Acquisition of securities in its | $ | 149,999.95 | 112,780 | 112,780 | Ordinary fully paid | ||
capacity as responsible entity or | ||||||||
trustee of registered or | ||||||||
unregistered schemes and/or | ||||||||
relevant interest by virtue of | ||||||||
section 608(3)of the Corporations | ||||||||
Act as it or its associates holds | ||||||||
directly or indirectly above 20% | ||||||||
voting power in one or more | ||||||||
affiliated investment managers | ||||||||
(see Annexure A - Part 2) who | ||||||||
each in turn hold relevant interests | ||||||||
2021-09-15 to 2021-09- | in the securities the subject of this | |||||||
notice. | ||||||||
15 | ||||||||
personal | This is Annexure "A - Part 1" as mentioned in form 605 Notice of ceasing to be a substantial holder | |||||||
Calvin Kwok | ||||||||
Company Secretary | ||||||||
Date: 03/12/2021 | ||||||||
ASPEN GROUP
Annexure A - Part 2
Affiliated Investment Managers in which Pinnacle has over 20% voting power
Antipodes Partners Limited (ACN 602 042 035)
Hyperion Asset Management Limited (ACN 080 135 897)
Metrics Credit Partners Pty Limited (ACN 150 646 996) onlyPalisade Investment Partners Limited (ACN 124 326 361)
Plato Investment Management Limited (ACN 120 730 136) Resolution Capital Limited (ACN 108 584 167)
Solaris Investment Management Limited (ACN 128 512 621)
Two Trees Investment Management Pty Limited (ACN 616 424 170) Riparian Capital Partners Pty Ltd (ACN 630 179 752)
This is Annexure "A - Part 2" as mentioned in form 605 Notice of ceasing to be a substantial holder
useCalvin Kwok Company Secretary Date: 03/12/2021
personalFor
ASPEN GROUP | |||
Annexure B | |||
Name | ACN | Nature of Association | |
Pinnacle Investment Management | 100 325 184 | Related body corporate of each other entity listed in | |
Group Limited | Annexure B. | ||
Pinnacle Investment Management | 109 659 109 | Related body corporate of each other entity listed in | |
only | Limited | Annexure B. | |
Pinnacle Fund Services Limited | 082 494 362 | Related body corporate of each other entity listed in | |
Annexure B. | |||
Ariano Pty Limited | 605 250 799 | Related body corporate of each other entity listed in | |
Annexure B. | |||
Next Financial Limited | 081 722 894 | Related body corporate of each other entity listed in | |
Annexure B. | |||
Next Financial Nominees Pty Ltd | 093 252 576 | Related body corporate of each other entity listed in | |
Annexure B. | |||
Next Financial Nominees No. 2 Pty | 132 819 115 | Related body corporate of each other entity listed in | |
Ltd | Annexure B. | ||
use | Investment Solutions Client | 117 898 334 | Related body corporate of each other entity listed in |
Services Pty Ltd | Annexure B. | ||
Priority Funds Management Pty Ltd | 120 826 575 | Related body corporate of each other entity listed in | |
Annexure B. | |||
Priority Investment Management | 116 943 456 | Related body corporate of each other entity listed in | |
Pty Ltd | Annexure B. | ||
PNI Option Plan Managers Pty Ltd | 116 943 456 | Related body corporate of each other entity listed in | |
Annexure B. | |||
Pinnacle RE Services Limited | 130 508 379 | Related body corporate of each other entity listed in | |
Annexure B. | |||
personalFor | Pinnacle Services Administration | 126 175 148 | Related body corporate of each other entity listed in |
Pty Ltd | Annexure B. | ||
Pinnacle Investment Management | Company | Related body corporate of each other entity listed in | |
(UK) Limited | Number | Annexure B. | |
11026111 | |||
POSH Nominees Pty Limited | 620 094 251 | Related body corporate of each other entity listed in | |
Annexure B. | |||
This is Annexure "B" as mentioned in form 605 Notice of ceasing to be a substantial holder | |||
Calvin Kwok | |||
Company Secretary | |||
Date: 03/12/2021 |
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Aspen Group Ltd. published this content on 03 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 December 2021 06:01:04 UTC.