SPH Notice - Regal Funds Management Pty Ltd

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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
Gentrack Group Ltd
Relevant event being disclosed:
Change of Substantial Shareholding by 1% or more
Date of relevant event: 18 March 2025
Date this disclosure made:
20 March 2025
Date last disclosure made: 12 December 2024
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: NZGTKE0002S9
Summary for Regal Funds Management Pty Ltd
For this disclosure,—
(a) total number held in class: 6,158,121
(b) total in class:
107,717,093
(c) total percentage held in class: 5.717%
For last disclosure,—
(a) total number held in class:
7,701,932
(b) total in class: 107,717,093
(c) total percentage held in class: 7.150%
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 = 298,051 shares ($3,128,625.43 AUD) and total sell =
1,841,862 shares ($18,426,806.59 AUD).

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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 Regal Atlantic Absolute Return Fund, Regal Tasman Market
Neutral Fund, Regal Australian Long Short Equity Fund , Regal Australian Active Extension
Trust , Regal Australia Small Companies Fund, Regal Australia Small Companies Trust,
Regal Investment Fund, Regal Partners Private Fund, Regal Emerging Companies
Opportunities Fund, Regal Tactical Opportunities Fund

For that relevant interest,—
(a) number held in class: 4,856,819
(b) percentage held in class: 4.509%
(c) current registered holder(s):
Regal Atlantic Absolute Return Fund (0.213%), (UBS Nominees Pty Ltd)
Regal Atlantic Absolute Return Fund (0.140%), (HSBC Custody Nominees (Australia)
Regal Atlantic Absolute Return Fund (0.064%), (J.P. Morgan Prime Nominees Ltd)
Regal Tasman Market Neutral Fund (0.088%), (Citicorp Nominees Pty Ltd)
Regal Australian Long Short Equity Fund (0.078%), (Citicorp Nominees Pty Ltd)
Regal Australian Active Extension Trust (0.318%), (UBS Nominees Pty Ltd)
Regal Australia Small Companies Fund (0.705%), (UBS Nominees Pty Ltd)
Regal Australia Small Companies Fund (0.051%), (HSBC Custody Nominees (Australia)
Limited A/C 2)
Regal Australia Small Companies Fund (0.093%), (J.P. Morgan Prime Nominees Ltd)
Regal Australia Small Companies Trust (0.206%), (UBS Nominees Pty Ltd)
Regal Australia Small Companies Trust (0.163%), (HSBC Custody Nominees (Australia)
Limited A/C 2)
Regal Australia Small Companies Trust (0.119%), (J.P. Morgan Prime Nominees Ltd)
Regal Australia Small Companies Trust (0.078%), (Citicorp Nominees Pty Ltd)
Regal Investment Fund (0.257%), (UBS Nominees Pty Ltd)
Regal Investment Fund (0.065%), (HSBC Custody Nominees (Australia)
Regal Investment Fund (0.035%), (J.P. Morgan Prime Nominees Ltd)
Regal Investment Fund (0.071%), (Citicorp Nominees Pty Ltd)
Regal Partners Private Fund (0.118%), (UBS Nominees Pty Ltd)
Regal Partners Private Fund (0.011%), (HSBC Custody Nominees (Australia) Limited A/C
2)
Regal Partners Private Fund (0.007%), (J.P. Morgan Prime Nominees Ltd)
Regal Partners Private Fund (0.027%), (Citicorp Nominees Pty Ltd)
Regal Emerging Companies Opportunities Fund (0.624%), (UBS Nominees Pty Ltd)
Regal Emerging Companies Opportunities Fund (0.345%), (Merrill Lynch (Aus) Nominees
Pty Ltd)
Regal Emerging Companies Opportunities Fund (0.066%), (J.P. Morgan Prime Nominees
Ltd)
Regal Emerging Companies Opportunities Fund (0.160%), (Citicorp Nominees Pty Ltd)
Regal Tactical Opportunities Fund (0.165%), (UBS Nominees Pty Ltd)
Regal Tactical Opportunities Fund (0.093%), (Merrill Lynch (Aus) Nominees Pty Ltd)
Regal Tactical Opportunities Fund (0.046%), (HSBC Custody Nominees (Australia)
Regal Tactical Opportunities Fund (0.075%), (J.P. Morgan Prime Nominees Ltd)
Regal Tactical Opportunities Fund (0.027%), (Citicorp Nominees Pty Ltd)

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Details of relevant interests
Details for Regal Funds Management Pty Limited
Nature of relevant interest(s): derivative relevant interest over quoted underlying.
For that relevant interest,—
(a) number held in class:
1,301,302
(b) percentage held in class: 1.208%
(c) current registered holder(s):
Zambezi Absolute Return Fund (0.271%), (UBS Nominees Pty Ltd)
Zambezi Absolute Return Fund (0.288%), (Macquarie Bank Limited)
Zambezi Absolute Return Fund (0.194%), (HSBC Custody Nominees (Australia)
Zambezi Absolute Return Fund (0.099%), (J.P. Morgan Prime Nominees Ltd)
Regal Absolute Return Master Fund (0.070%), (UBS Nominees Pty Ltd)
Regal Absolute Return Master Fund (0.096%), (Merrill Lynch (Aus) Nominees Pty Ltd)
Regal Absolute Return Master Fund (0.002%), (J.P. Morgan Prime Nominees Ltd)
Amazon Market Neutral Fund (0.038%), (J.P. Morgan Prime Nominees Ltd)
Amazon Market Neutral Fund (0.150%), (Citicorp Nominees Pty Ltd)

(d) registered holder(s) once transfers are registered: Unknown
Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure:
(refer attached)

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

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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: 20/03/2025
Kenny Ho
Secretary
Regal Funds Management

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Attachment
GTK – Disclosure of movement of 1% or more in substantial Shareholding by Regal
Funds Management Pty Limited dated 18/03/2025
Details of Derivative
Parties to the Derivative
UBS Nominees Pty Ltd,
Zambezi Absolute
Return Fund
UBS Nominees Pty
Ltd, Regal Absolute
Return Master Fund

Macquarie Bank
Limited, Zambezi
Absolute Return
Fund
Notional number of
underlying financial products
291,845 75,569 310,322
Cash or physical settled Cash settled swap Cash settled swap Cash settled swap
Maturity Date 13 September 2027 31 October 2025 30 July 2025
Expiry Date n/a n/a n/a
Entry price AUD 9.48 – AUD 11.52
AUD 8.99 – AUD
11.53
AUD 8.26
How value of derivative
determined by value of the
underlying

Mark to market

Mark to market

Mark to market

Parties to the Derivative
J.P. Morgan Prime
Nominees Ltd, Zambezi
Absolute Return Fund
J.P. Morgan Prime
Nominees Ltd,
Regal Absolute
Return Master Fund

J.P. Morgan Prime
Nominees Ltd,
Amazon Market
Neutral Fund

Notional number of
underlying financial products
106,508 2,089 40,745
Cash or physical settled Cash settled swap Cash settled swap Cash settled swap
Maturity Date 3 November 2025 2 January 2026 1 December 2026
Expiry Date n/a n/a n/a
Entry price AUD 10.02 AUD 11.14 AUD 12.81
How value of derivative
determined by value of the
underlying

Mark to market

Mark to market

Mark to market

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Parties to the Derivative
Merrill Lynch (Aus)
Nominees Pty Ltd, Regal
Absolute Return Master
Fund
Goldman Sachs
International,
London,
Zambezi
Absolute Return
Fund

Citicorp Nominees
Pty Ltd, Amazon
Market Neutral
Fund
Notional number of
underlying financial
products
103,156 209,108 161,960
Cash or physical settled Cash settled swap Cash settled
swap
Cash settled swap
Maturity Date
13 Oct 2025 - 11 March
2027
2 March 2029 4 October 2027
Expiry Date n/a n/a n/a
Entry price AUD 4.93 – AUD 10.07 AUD 5.71 AUD 11.85
How value of derivative
determined by value of
the underlying

Mark to market

Mark to market

Mark to market