SPH Notice - Regal Funds Management Pty Ltd

100080615/3821102.1
1
Disclosure of movement of 1% or more in substantial holding
or change in nature of relevant interest, or both
Sections 277 and 278, Financial Markets Conduct Act 2013
Note: This form must be completed in accordance with the instructions at the end of the form.
To NZX

And

To
ikeGPS Group Limited
Relevant event being disclosed:
Change of Substantial Shareholding by 1% or more
Date of relevant event: 29 October 2025
Date this disclosure made: 31 October 2025
Date last disclosure made:
29 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, ISIN: NZIKEE0001S9
Summary for Regal Funds Management Pty Ltd
For this disclosure,—
(a) total number held in class:
13,937,623
(b) total in class: 193,793,077
(c) total percentage held in class: 7.192%
For last 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 transactions and events giving rise to relevant event
In the period from the last disclosure, as part of normal on-market trading activity Regal Funds
Management Pty Limited total buy = 2,922,987 shares ($2,619,200.70 AUD), buy = 133,060 shares
($136,888.20 NZD) and total sell = 411,250 shares ($379,131.25 AUD),

100080615/3821102.1
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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 Atlantic Absolute Return Fund, 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: 13,522,710
(b) percentage held in class: 6.978%
(c) current registered holder(s):
Regal Atlantic Absolute Return Fund (0.037%), (UBS Nominees Pty Ltd)
Regal Australia Small Companies Fund (0.424%), (J.P. Morgan Prime Nominees Ltd)
Regal Australia Small Companies Fund (0.656%), (Citicorp Nominees Pty Ltd)
Regal Australia Small Companies Fund (0.736%), (UBS Nominees Pty Ltd)
Regal Australia Small Companies Trust (0.237%), (J.P. Morgan Prime Nominees Ltd)
Regal Australia Small Companies Trust (0.366%), (Citicorp Nominees Pty Ltd)
Regal Australia Small Companies Trust (0.406%), (UBS Nominees Pty Ltd)
Regal Emerging Companies Opportunities Fund (0.217%), (Citicorp Nominees Pty Ltd)
Regal Emerging Companies Opportunities Fund (0.263%), (J.P. Morgan Prime Nominees Ltd)
Regal Emerging Companies Opportunities Fund (0.414%), (Merrill Lynch (Aus) Nominees Pty Ltd)
Regal Emerging Companies Opportunities Fund (0.417%), (UBS Nominees Pty Ltd)
Regal Emerging Companies Opportunities Fund (2.064%), (J.P Morgan Nominees Australia Ltd)
Regal Global Small Companies Fund (0.351%), (Citicorp Nominees Pty Ltd)
Regal Investment Fund (0.060%), (J.P. Morgan Prime Nominees Ltd)
Regal Investment Fund (0.090%), (Citicorp Nominees Pty Ltd)
Regal Investment Fund (0.092%), (UBS Nominees Pty Ltd)
Regal Partners Private Fund (0.044%), (J.P. Morgan Prime Nominees Ltd)
Regal Partners Private Fund (0.046%), (UBS Nominees Pty Ltd)
Regal Partners Private Fund (0.060%), (Citicorp 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: 414,913
(b) percentage held in class: 0.214%
(c) current registered holder(s):
Zambezi Absolute Return Fund (0.037%), (UBS Nominees Pty Ltd)
Regal Absolute Return Master Fund (0.164%), (UBS Nominees Pty Ltd)
Regal Absolute Return Master Fund (0.013%), (J.P. Morgan Prime Nominees Ltd)

(d) registered holder(s) once transfers are registered: Unknown

100080615/3821102.1
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Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure: (refer attached)
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: 31/10/2025
Ian Cameron
Director
Regal Funds Management

Parties to the Derivative

UBS Nominees Pty Ltd,
Zambezi Absolute
Return Fund
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
71,499 318,414 25,000
Cash or physical settled Cash settled swap Cash settled swap Cash settled swap
Maturity Date 13 September 2027 4 November 2025 3 August 2027
Expiry Date n/a n/a n/a
Entry price AUD 0.8162 AUD 0.8162 to 0.9364 AUD 0.9288
How value of derivative
determined by value of the
underlying

Mark to market

Mark to market

Mark to market