Ann: Ceasing to be a substantial holder, page-6

Hi Pockets

This is a common practice by Deutsche Bank and is of no concern.

In schedule 2 of the announcement you'll see that DB has loaned shares in a brokerage agreement to Kima Pan Asia Offshore Fund. The lending of the shares has decreased DB holdings, and has put them under the 5% substaintial holder numbers for the time being, This has triggered the requirement to let the market know of the change.

Deutsche bank will become a substaintial holders again once the lender returns the shares.


You can see below the number of times Deutsche Bank have executed this same stratergy.

18-7-16 Becoming a substaintial holder

https://www.asx.com.au/asxpdf/20160720/pdf/438pl0zgxk6qv0.pdf


11-11-16 Ceasing to be a substaintial holder

https://www.asx.com.au/asxpdf/20161115/pdf/43cxkcg688f04q.pdf


18-11-16 - Becoming a substaitial holder

https://www.asx.com.au/asxpdf/20161122/pdf/43d3fj97q73qws.pdf


18-4-18 - Ceasing to be a substaintial holder

https://www.asx.com.au/asxpdf/20180420/pdf/43tcrs961mxdtb.pdf


Dueusch Bank keeps the market liquid.

https://www.investopedia.com/terms/m/marketmaker.asp


Have a great weekend
Tradealot