09 Jul - 6 min read

DRA Global Limited - Notice of initial substantial holder

DRA Global Limited - Notice of initial substantial holder

DRA Global Limited
(Incorporated in Australia under the Corporations Act 2001 (Cth))
ACN 622 581 935
ASX / JSE Share Code: DRA
ISIN: AU0000155814
("DRA" or "the Company")
JSE Sponsor: Pallidus Capital Proprietary Limited                                                                             


JSE ANNOUNCEMENT                                                                                   9 July 2021

NOTICE OF INITIAL SUBSTANTIAL HOLDER

DRA Global Limited (ASX / JSE: DRA) (‘DRA’ or ‘the Company’) hereby advises its shareholders of the initial
substantial holder in DRA, being a Form 603 Notice of initial substantial holder from VMF Investments Limited.

- ENDS -
This announcement was approved for release by Andrew Naudé, Managing Director and Chief Executive
Officer.

For further information, please contact:
Investor queries:                                           Media enquiries:
Haydn von Maltitz                                           Cameron Gilenko
Head of Corporate Affairs – DRA Global                      Citadel-MAGNUS
Ph: +61 8 6163 5939                                         M: + 61 466 984 953
shareholders@draglobal.com                                  cgilenko@citadelmagnus.com

About DRA Global Limited
DRA Global Limited (ASX: DRA | JSE: DRA) (DRA or the Company) is a multi-disciplinary engineering, project management and
operations management group predominantly focused on the mining and minerals resources sector. DRA has an extensive global track
record, spanning more than three decades and more than 7,500 studies and projects as well as operations and maintenance solutions
across a wide range of commodities.

DRA has expertise in mining, minerals and metals processing and related non-process infrastructure including ESG, water and energy
solutions for the mining industry. DRA delivers advisory, engineering and project delivery services throughout the capital project lifecycle
from concept though to operational readiness and commissioning as well as ongoing operations, maintenance and shutdown services.
DRA, headquartered in Perth, Australia, services its global customer base through 20 offices across Asia-Pacific, North and South
America, Europe, Middle East and Africa.

                                                                  Form 603
                                                            Corporations Act 2001
                                                                Section 671B

                                                       Notice of initial substantial holder

To Company Name/Scheme                       DRA Global Limited


ACN/ARSN                                     622 581 935



1.   Details of substantial holder (1)
Name                                         VMF Investments Limited
ACN/ARSN (if applicable)                     N/A


The holder became a substantial holder on                         09/07/2021



2.   Details of 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 on the date the substantial holder became a substantial holder are as follows:
                        Class of securities (4)           Number of securities              Person’s votes (5)              Voting power (6)
                  Fully paid ordinary shares          6,859,589                        6,859,589                          12.65%



3.   Details of relevant interests
The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a
substantial holder are as follows:
                        Holder of relevant interest                   Nature of relevant interest (7)             Class and number of securities
                                                                  Registered holder under s 608(1)(a) of
                  VMF Investments Limited                                                                     6,859,589 fully paid ordinary shares
                                                                  the Corporations Act 2001 (Cth)


                                                                  Relevant interest under s 608(3)(a)
                                                                  and/or s 608(3)(b) of the Corporations
                                                                  Act 2001 (Cth), being a relevant interest
                  Juris Tax Ltd (as trustee of the VMF
                                                                  held through a body corporate (the        6,859,589 fully paid ordinary shares
                  Investments Trust)
                                                                  holder named above) in which its voting
                                                                  power is more than 20% or
                                                                  which it controls.




4.   Details of present registered holders
The persons registered as holders of the securities referred to in paragraph 3 above are as follows:
                        Holder of relevant             Registered holder of                      Person entitled to be                Class and number
                        interest                       securities                                registered as holder (8)             of securities
                  VMF Investments                                                                                                  6,859,589 fully paid
                                                   VMF Investments Limited                N/A
                  Limited                                                                                                          ordinary shares



5.   Consideration
The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder
became a substantial holder is as follows:
                        Holder of relevant                                                                                          Class and number
                                                               Date of acquisition                    Consideration (9)
                        interest                                                                                                     of securities
                                                                                                      Cash           Non-cash
                                                         N/A                                    N/A                                N/A
                  N/A

6.   Associates
The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:
[Note: an “associate” is any person who controls the holder (or is controlled by an entity or individual that controls the holder) or has otherwise entered into an
agreement with the holder to control or influence the affairs of DRA or is acting in concert in relation the affairs of DRA. Please provide a list of any associates
below.].
                    Name and ACN/ARSN (if applicable)                   Nature of association

                  Juris Tax Ltd (as trustee of the VMF
                                                                  VMF Investment Trust is the sole shareholder of VMF Investments Limited
                  Investment Trust)

94184771
7.    Addresses
The addresses of persons named in this form are as follows:


                      Name                                          Address

                                                              LEVEL 3 EBENE HOUSE, HOTEL AVENUE, 33 CYBERCITY, EBENE 72201
                  VMF Investments Limited
                                                              MAURITIUS
                  Juris Tax Ltd (as trustee of the VMF        LEVEL 3 EBENE HOUSE, HOTEL AVENUE, 33 CYBERCITY, EBENE 72201
                  Investment Trust)                           MAURITIUS




Signature


                               print name   Michael Metale                                                                       capacity      Director


                               sign here                                                                                         date          09/07/2021




                                                                              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 7 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 total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a
         relevant interest in.

(6)      The person’s votes divided by the total votes in the body corporate or scheme multiplied by 100.


(7)      Include details of:
         (a)      any relevant agreement or other circumstances by which the relevant interest was acquired. 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
         (b)      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).

         See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.
(8)      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.’”


(9)      Details of the consideration must include any and all benefits, moneys 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.



Date: 09-07-2021 08:15:00
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