Resonance Health Ltd (ASX:RHT) has received a notice of change of interests of substantial holder, disclosing that The Design Counsel Pty Ltd and Southam Investments 2003 Pty Ltd collectively held 80,137,174 ordinary fully paid shares, representing 14.3% voting power, following a reduction from 16.8% due to dilution from a capital raising.

Key Points

  • Substantial holders are The Design Counsel Pty Ltd (ACN 086 577 737) and Southam Investments 2003 Pty Ltd (ACN 106 836 926), acting as associates.
  • Voting power decreased from 16.8% to 14.3% in ordinary fully paid shares, with the number of shares held remaining at 80,137,174.
  • The change in voting power on 9 November was attributed to dilution from the issue of capital raising shares, with no consideration given in relation to the change.
  • The previous substantial holding notice was given on 24 September and dated 15 July.

Substantial Holder Identity and Share Position

According to the filing, the two substantial holders are The Design Counsel Pty Ltd, registered under ACN 086 577 737, and Southam Investments 2003 Pty Ltd, registered under ACN 106 836 926. Both entities are listed as registered holders of the securities. The filing discloses that the combined holding across both entities amounts to 80,137,174 ordinary fully paid shares in Resonance Health Ltd, with both parties identified as registered holders and persons entitled to be registered as holders of those securities.

Change in Voting Power Due to Capital Raising Dilution

The filing states that the change in the substantial holder's relevant interest occurred on 9 November, with the nature of the change recorded as dilution from the issue of capital raising shares. No consideration was given in relation to the change, and no specific securities are listed as affected in the change particulars. The voting power of the substantial holder moved from 16.8% at the time of the previous notice to 14.3% at the time of the present notice, while the total number of shares held by the substantial holder remained unchanged at 80,137,174 ordinary fully paid shares.

Filing Details and Signatory

The notice was signed by Simon Panton, in the capacity of Director, with an address listed in Menora WA 6050. The filing was dated 10 November. The previous substantial holding notice was given to the company on 24 September and was dated 15 July. The filing records no changes in association, with the relevant section marked not applicable. The form was lodged in accordance with Section 671B of the Corporations Act 2001 and relates to ordinary fully paid shares in Resonance Health Ltd.