SPH Notice - Regal Funds Management Pty Ltd

100080615/3821102.1
1
Disclosure of movement of 1% or more in substantial holding
or change in nature of relevant interest, or both
Sections 277 and 278, Financial Markets Conduct Act 2013
Note: This form must be completed in accordance with the instructions at the end of the form.
To NZX

And

To
EROAD LIMITED
Relevant event being disclosed:
Change of Substantial Shareholding by 1% or more
Date of relevant event: 03 Oct 2024
Date this disclosure made: 07 Oct 2024
Date last disclosure made:
04 Oct 2023
Substantial product holder(s) giving disclosure
Full name(s): Regal Funds Management Pty Ltd
Summary of substantial holding
Class of quoted voting products: Ordinary Shares, ISIN: NZERDE0001S5
Summary for Regal Funds Management Pty Ltd
For this disclosure,—
(a) total number held in class:
14,984,288
(b) total in class: 187,158,946
(c) total percentage held in class: 8.006%
For last disclosure,—
(a) total number held in class: 16,634,094
(b) total in class: 184,631,174
(c) total percentage held in class: 9.009%
Details of transactions and events giving rise to relevant event
In the period from the last disclosure, as part of normal on-market trading activity Regal Funds
Management Pty Limited total buy = 11,531,913 shares ($3,279,202.22 AUD and $ 7,383,027.30
NZD) and total sell = 13,181,719 ($3,279,202.22 AUD and $ 9,327,354.24 NZD)

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Details of relevant interests
Details for Regal Funds Management Pty Ltd
Nature of relevant interest(s): Relevant interest by virtue of Regal Funds Management Pty
Limited having the power to acquire or dispose of financial products in its capacity as trustee and
manager of the Atlantic Absolute Return Fund, Zambezi Absolute Return Fund, Regal Absolute
Return Master Fund, Regal Australian Small Companies Fund, Regal Australian Small Companies
Trust,
Regal Investment Fund, Regal Partners Private Fund & Regal Emerging Companies Fund III.
For that relevant interest,—
(a) number held in class: 14,984,288
(b) percentage held in class: 8.006%
(c) current registered holder(s):
Atlantic Absolute Return Fund (0.113%), (Custodian – UBS Nominees Pty Ltd)
Atlantic Absolute Return Fund (0.205%), (Custodian – HSBC Custody Nominees (Australia) Limited)
Atlantic Absolute Return Fund (0.278%), (Custodian – Merrill Lynch (Aus) Nominees Pty Ltd)
Atlantic Absolute Return Fund (0.104%), (Custodian – J.P. Morgan Prime Nominees Ltd)
Zambezi Absolute Return Fund (0.202%), (Custodian – UBS Nominees Pty Ltd)
Zambezi Absolute Return Fund (0.276%), (Custodian – HSBC Custody Nominees (Australia) Limited)
Zambezi Absolute Return Fund (0.338%), (Custodian – Merrill Lynch (Aus) Nominees Pty Ltd)
Zambezi Absolute Return Fund (0.258%), (Custodian – J.P. Morgan Prime Nominees Ltd)
Regal Australia Small Companies Fund (3.188%), (Custodian – UBS Nominees Pty Ltd)
Regal Investment Fund (0.224%), (Custodian – UBS Nominees Pty Ltd)
Regal Investment Fund (0.321%), (Custodian – J.P. Morgan Prime Nominees Ltd)
Regal Australia Small Companies Trust (0.341%), (Custodian – UBS Nominees Pty Ltd)
Regal Australia Small Companies Trust (1.816%), (Custodian – J.P. Morgan Prime Nominees Ltd)
Regal Partners Private Fund (0.129%), (Custodian – UBS Nominees Pty Ltd)
Regal Absolute Return Master Fund (0.079%), (Custodian – UBS Nominees Pty Ltd)
Regal Absolute Return Master Fund (0.058%), (Custodian – Merrill Lynch (Aus) Nominees Pty Ltd)
Regal Absolute Return Master Fund (0.066%), (Custodian – J.P. Morgan Prime Nominees Ltd)
Regal Emerging Companies Fund III (0.011%), (Custodian – Merrill Lynch (Aus) Nominees Pty Ltd)

(d) registered holder(s) once transfers are registered: Unknown
Details of relevant interests
Details for Regal Funds Management Pty Limited
Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure: Holding diluted due to the issue
of 109,388 shares on 3
rd
October 2024

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Additional information
Address(es) of substantial product holder(s): Regal Funds Management Pty Ltd
Level 47, 1 Macquarie Place, NSW, 2000, Sydney, Australia
Contact details: Regal Funds Management Pty Ltd
Ph: +61 2 8197 4333
Email:
reception@regalfm.com

Name of any other person believed to have given, or believed to be required to give, a disclosure
under the Financial Markets Conduct Act 2013 in relation to the financial products to which this
disclosure relates: N/A
Certification
I, Kenny Ho certify that, to the best of my knowledge and belief, the information contained in
this disclosure is correct and that I am duly authorised to make this disclosure by all persons for
whom it is made.

____________________ Date: 07/10/2024
Kenny Ho
Secretary
Regal Funds Management