Sydney‌

Level 2, 5 Martin Place Sydney NSW 2000 Australia

GPO Box 3698

Sydney NSW 2001 www.challenger.com.au

17 August 2017

The Manager

Company Announcements Office ASX Limited

20 Bridge Street

SYDNEY NSW 2000

By electronic lodgement

Dear Sir/Madam

Telephone 02 9994 7000

Facsimile 02 9994 7777

Re: Notice of change of interests of substantial holder - AUB Group Limited (AUB)

We enclose notice of change of interests of substantial holder in AUB Group Limited. This notice is given by Challenger Limited and each of its associated entities named in Annexure 2 to this notice.

Yours faithfully

Andrew Brown

Company Secretary attach

Melbourne Level 19, 31 Queen Street PO Box 297, Flinders Lane, Melbourne VIC 3000 Telephone 02 9994 7000 Facsimile 02 9994 7777

Brisbane Level 9, 241 Adelaide Street GPO Box 3234, Brisbane QLD 4001 Telephone 07 3136 5400 Facsimile 07 3136 5407

Perth Level 5, 50 Georges Terrace, Perth WA 6000 Telephone 08 9261 7412 Facsimile 08 9321 5277

Adelaide Level 7, Suite 714, 147 Pirie Street Adelaide SA 5000 Telephone 08 7071 7042 Facsimile 08 8227 0395

Challenger Limited ABN 85 106 842 371 Challenger Group Services Pty Limited ABN 91 085 657 307

Challenger Life Company Limited ABN 44 072 486 938 AFSL 234670 Howard Commercial Lending Limited ABN 65 000 033 143

Challenger Management Services Limited ABN 29 092 382 842 AFSL 234 678

Challenger Retirement and Investment Services Limited ABN 80 115 534 453 AFSL295642 RSE Licence No. L0001304 Challenger Investment Solutions Management Pty Ltd ABN 63 130 035 353 AFSL 487354

Challenger Mortgage Management Pty Ltd ABN 72 087 271 109

Challenger Securitisation Management Pty Ltd ABN 56 100 346 898 AFSL 244593

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme AUB Group Limited

ACN/ARSN 000 000 715

1. Details of substantial holder(1)

Name Challenger Limited (and its entities listed in Annexure 2)

ACN/ARSN (if applicable)

106 842 371

There was a change in the interests of the substantial holder on

15/08/2017

The previous notice was given to the company on

22/06/2017

The previous notice was dated

22/06/2017

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Classof securities (4)

Previous notice

Present notice

Person's votes

Voting power (5)

Person's votes

Voting power (5)

Ordinary Fully Paid

7,603,095

11.91%

6,933,758

10.86%

  1. Changes in relevant interests

    Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

    Date of change

    Person whose relevant interest changed

    Nature of change (6)

    Consideration given in relation to change (7)

    Class and number of securities affected

    Person's votes affected

    Refer Annexure 1

    Challenger Limited (and its entities listed in Annexure 2)

    Refer Annexure 1

    Refer Annexure 1

    Refer Annexure 1

    Refer Annexure 1

  2. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest

Registered holder of securities

Person entitled to be registered as holder (8)

Nature of relevant interest (6)

Class and number of securities

Person's votes

Challenger Limited (and its entities listed in Annexure 2)

BNP Paribas Nominees Pty Limited

BNP Paribas Nominees Pty Limited

Ordinary and Fully Paid securities purchased and sold on market by Challenger Limited (and its entities listed in Annexure

2) and obtains a relevant interest by virtue of Section 608(3) of the Corporations Act 2001 (Cth).

1,386,126 (Ordinary Fully Paid)

1,386,126

Challenger Limited (and its entities listed in Annexure 2)

Citicorp Nominees Pty Limited

Citicorp Nominees Pty Limited

As above

1,181,503 (Ordinary Fully Paid)

1,181,503

Challenger Limited (and its entities listed in Annexure 2)

J P Morgan Nominees Australia Limited

J P Morgan Nominees Australia Limited

Ordinary and Fully Paid securities purchased and sold on market and acquired (via off market transfer) by Challenger Limited (and its entities listed in Annexure 2) and obtains a relevant interest by virtue of Section 608(3) of the Corporations Act 2001 (Cth).

1,687,222 (Ordinary Fully Paid)

1,687,222

Name and ACN/ARSN (if applicable)

Nature of association

N/A

N/A

Name

Address

Challenger Limited (and its entities listed in Annexure 2)

Level 2, 5 Martin Place, Sydney NSW 2000

604 page 2 / 2 15 July 2001

Challenger Limited (and its entities listed in Annexure 2)

National Nominees Limited

National Nominees Limited

Ordinary and Fully Paid securities purchased and sold on market by Challenger Limited (and its entities listed in Annexure

2) and obtains a relevant interest by virtue of Section 608(3) of the Corporations Act 2001 (Cth).

705,063 (Ordinary Fully Paid)

705,063

Challenger Limited (and its entities listed in Annexure 2)

HSBC Custody Nominees (Australia) Limited

HSBC Custody Nominees (Australia) Limited

As above

1,764,171 (Ordinary Fully Paid)

1,764,171

Challenger Limited (and its entities listed in Annexure 2)

UBS Nominees Pty Limited

UBS Nominees Pty Limited

As above

209,673 (Ordinary Fully Paid)

209,673

  1. Changes in association

  2. Addresses

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

The addresses of persons named in this form are as follows:

Signature

print name w Andrew Brown Capacity Company Secretary

sign here

date

17/08/2017

DIRECTIONS

  1. If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.

  2. See the definition of "associate" in section 9 of the Corporations Act 2001.

  3. See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

  4. The voting shares of a company constitute one class unless divided into separate classes.

  5. The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

  6. Include details of:

  7. any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

  8. any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

  9. See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

    1. Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

    2. If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".

    3. Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

    Annexure 1 consists of 2 pages and is referred to in Form 604 signed by me and dated 17/08/2017

    [Insert Signature Here]

    Andrew Brown Company Secretary of Challenger Limited Transactions: Company Name/Scheme: AUB Group Limited (AUB) As at: 15/08/2017 Class of security: Ordinary Fully Paid

    Date of Change

    Holder of relevant

    interest

    Nature of Change

    Consideration

    Number of

    Securities

    Person's Votes

    Affected

    30/06/2017

    Challenger Limited (and its

    entities listed in Annexure 2)

    Buy

    4,130.88

    326

    326

    03/07/2017

    as above

    Buy

    438,901.27

    33,997

    33,997

    17/07/2017

    as above

    Sell

    114,278.01

    -8,921

    8,921

    17/07/2017

    as above

    Sell

    226,724.19

    -17,699

    17,699

    17/07/2017

    as above

    Sell

    745,618.86

    -58,206

    58,206

    17/07/2017

    as above

    Sell

    25,799.34

    -2,014

    2,014

    17/07/2017

    as above

    Sell

    269,112.48

    -21,008

    21,008

    17/07/2017

    as above

    Sell

    882,916.44

    -68,924

    68,924

    17/07/2017

    as above

    Sell

    9,210.39

    -719

    719

    17/07/2017

    as above

    Sell

    23,967.51

    -1,871

    1,871

    17/07/2017

    as above

    Sell

    21,200.55

    -1,655

    1,655

    17/07/2017

    as above

    Sell

    180,633.81

    -14,101

    14,101

    20/07/2017

    as above

    Sell

    88,293.75

    -6,925

    6,925

    20/07/2017

    as above

    Sell

    576,478.50

    -45,214

    45,214

    20/07/2017

    as above

    Sell

    343,102.50

    -26,910

    26,910

    20/07/2017

    as above

    Sell

    20,183.25

    -1,583

    1,583

    20/07/2017

    as above

    Sell

    7,573.50

    -594

    594

    20/07/2017

    as above

    Sell

    10,085.25

    -791

    791

    20/07/2017

    as above

    Sell

    41,628.75

    -3,265

    3,265

    20/07/2017

    as above

    Sell

    205,606.50

    -16,126

    16,126

    20/07/2017

    as above

    Sell

    8,835.75

    -693

    693

    20/07/2017

    as above

    Sell

    145,069.50

    -11,378

    11,378

    28/07/2017

    as above

    Buy - Transfer

    3,098,375.76

    243,583

    243,583

    31/07/2017

    as above

    Sell

    6,746.70

    -523

    523

    31/07/2017

    as above

    Sell

    79,825.20

    -6,188

    6,188

    31/07/2017

    as above

    Sell

    15,815.40

    -1,226

    1,226

    31/07/2017

    as above

    Sell

    51,832.20

    -4,018

    4,018

    31/07/2017

    as above

    Sell

    26,135.40

    -2,026

    2,026

    31/07/2017

    as above

    Sell

    23,684.40

    -1,836

    1,836

    31/07/2017

    as above

    Sell

    27,838.20

    -2,158

    2,158

    31/07/2017

    as above

    Sell

    24,677.70

    -1,913

    1,913

    01/08/2017

    as above

    Sell

    4,540.84

    -352

    352

    01/08/2017

    as above

    Sell

    53,728.92

    -4,165

    4,165

    01/08/2017

    as above

    Sell

    10,655.48

    -826

    826

    01/08/2017

    as above

    Sell

    34,894.77

    -2,705

    2,705

    01/08/2017

    as above

    Sell

    17,595.74

    -1,364

    1,364

    01/08/2017

    as above

    Sell

    15,944.52

    -1,236

    1,236

    01/08/2017

    as above

    Sell

    18,743.85

    -1,453

    1,453

    01/08/2017

    as above

    Sell

    16,602.43

    -1,287

    1,287

    04/08/2017

    as above

    Sell

    40,807.00

    -3,139

    3,139

    04/08/2017

    as above

    Sell

    482,716.00

    -37,132

    37,132

    04/08/2017

    as above

    Sell

    95,680.00

    -7,360

    7,360

    04/08/2017

    as above

    Sell

    313,443.00

    -24,111

    24,111

    04/08/2017

    as above

    Sell

    158,041.00

    -12,157

    12,157

    04/08/2017

    as above

    Sell

    143,208.00

    -11,016

    11,016

    04/08/2017

    as above

    Sell

    168,376.00

    -12,952

    12,952

    04/08/2017

    as above

    Sell

    149,240.00

    -11,480

    11,480

    04/08/2017

    as above

    Sell

    18,148.00

    -1,396

    1,396

    04/08/2017

    as above

    Sell

    214,721.00

    -16,517

    16,517

    04/08/2017

    as above

    Sell

    42,562.00

    -3,274

    3,274

    04/08/2017

    as above

    Sell

    139,425.00

    -10,725

    10,725

    04/08/2017

    as above

    Sell

    70,291.00

    -5,407

    5,407

    04/08/2017

    as above

    Sell

    63,700.00

    -4,900

    4,900

    04/08/2017

    as above

    Sell

    74,906.00

    -5,762

    5,762

    Page 1 of 2

    AUB Group Limited published this content on 17 August 2017 and is solely responsible for the information contained herein.
    Distributed by Public, unedited and unaltered, on 17 August 2017 06:06:08 UTC.

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