SPH Notice - Regal Funds Management Pty Ltd

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Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013
Note: This form must be completed in accordance with the instructions at the end of the
form.
To NZX Limited
and
To ikeGPS Group Limited
Date this disclosure made: 29 July 2025
Date on which substantial holding began: 25 July 2025
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, (NZX: IKE, ISIN: NZIKEE0001S9)
Summary for Regal Funds Management Pty Ltd
For this disclosure,—
(a) total number held in class:
11,292,826
(b) total in class: 183,478,219
(c) total percentage held in class: 6.155%
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 Australia Small Companies Fund, Regal Australia Small
Companies Trust, Regal Global Small Companies Fund, Regal Investment Fund, Regal
Partners Private Fund, Regal Emerging Companies Opportunities Fund.

For that relevant interest,—
(a) number held in class: 11,020,912
(b) percentage held in class: 6.007%
(c) current registered holder(s):
Regal Australia Small Companies Fund (0.323%), (Custodian - Citicorp Nominees Pty Ltd)
Regal Australia Small Companies Fund (0.326%), (Custodian - J.P. Morgan Prime Nominees Ltd)
Regal Australia Small Companies Fund (0.381%), (Custodian - UBS Nominees Pty Ltd)
Regal Australia Small Companies Trust (0.179%), (Custodian - Citicorp Nominees Pty Ltd)

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Regal Australia Small Companies Trust (0.182%), (Custodian - J.P. Morgan Prime Nominees
Ltd)
Regal Australia Small Companies Trust (0.213%), (Custodian - UBS Nominees Pty Ltd)
Regal Global Small Companies Fund (0.589%), (Custodian - Citicorp Nominees Pty Ltd)
Regal Investment Fund (0.045%), (Custodian - Citicorp Nominees Pty Ltd)
Regal Investment Fund (0.047%), (Custodian - J.P. Morgan Prime Nominees Ltd)
Regal Investment Fund (0.049%), (Custodian - UBS Nominees Pty Ltd)
Regal Partners Private Fund (0.032%), (Custodian - Citicorp Nominees Pty Ltd)
Regal Partners Private Fund (0.034%), (Custodian - J.P. Morgan Prime Nominees Ltd)
Regal Partners Private Fund (0.038%), (Custodian - UBS Nominees Pty Ltd)
Regal Emerging Companies Opportunities Fund (0.134%), (Custodian - Citicorp Nominees Pty
Ltd)
Regal Emerging Companies Opportunities Fund (0.376%), (Custodian - J.P. Morgan Prime
Nominees Ltd)
Regal Emerging Companies Opportunities Fund (1.045%), (Custodian - UBS Nominees Pty Ltd)
Regal Emerging Companies Opportunities Fund (2.015%), (Custodian - Merrill Lynch (Aus)
Nominees Pty Ltd)

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:
271,914
(b) percentage held in class: 0.148%
(c) current registered holder(s):
Regal Absolute Return Master Fund (0.135%), (Custodian - UBS Nominees Pty Ltd)
Regal Absolute Return Master Fund (0.013%), (Custodian - J.P. Morgan Prime Nominees Ltd)

For a derivative relevant interest, also—
(a) type of derivative:
Cash Settled Swap Agreement
(b) details of derivative: (refer attached)
(c) parties to the derivative: Regal Absolute Return Master Fund; UBS Nominees Pty Ltd,
& J.P. Morgan Prime Nominees Ltd
(d) if the substantial product holder is not a party to the derivative, the nature of the
relevant interest in the derivative:
Power to control the acquisition or disposal of the
financial product under an agreement.
Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure:
Relevant interest in ikeGPS
Group Limited shares arising via on market purchase of shares.
Date Buy/Sell Transaction Type Shares Consideration

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25/07/2025 Buy Buy 2,898,687 $ 2,758,953 AUD

Additional information
Address(es) of substantial product holder(s): Regal Funds Management Pty Ltd
Level 46, 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, Ian Cameron 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: 29/07/2025
Ian Cameron
Director
Regal Funds Management
Attachment
IKE – Becoming a substantial Shareholder by Regal Funds Management Pty Limited
dated 25/07/2025
Details of Derivative
Parties to the Derivative
UBS Nominees Pty Ltd,
Regal Absolute Return
Master Fund
J.P. Morgan Prime
Nominees Ltd,
Regal Absolute
Return Master
Fund
Notional number of
underlying financial products
246,914 25,000
Cash or physical settled Cash settled swap Cash settled swap
Maturity Date 31 October 2025 3 August 2027
Expiry Date n/a n/a

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Entry price AUD 0.9364 AUD 0.9287856
How value of derivative
determined by value of the
underlying

Mark to market

Mark to market