Lifestyle Communities : Change in substantial holding from CGF

For personal use only

Sydney

Level 2, 5 Martin Place

Sydney NSW 2000 Australia

GPO Box 3698

Sydney NSW 2001

www.challenger.com.au

Telephone [phone]

Facsimile 02 9994 7777

28 January 2022

The Manager

Company Announcements Office

ASX Limited

20 Bridge Street

SYDNEY NSW 2000

By electronic lodgement

Dear Sir/Madam

Re: Notice of change of interests of substantial holder - Lifestyle Communities Limited (LIC)

We attach a notice of change of interests of substantial holder in Lifestyle Communities Limited. This notice is given by Challenger Limited and each of its associated entities named in Annexure 2 to this notice.

Yours faithfully

Linda Matthews

Company Secretary

Melbourne Level 19, 31 Queen Street PO Box 297, Flinders Lane, Melbourne VIC 3000 Telephone [phone] Facsimile 02 9994 7777 Brisbane Level 6, 215 Adelaide Street, Brisbane QLD 4000 Telephone [phone] Facsimile 07 3136 5407

Perth Level 26, 140 St Georges Terrace, Perth WA 6000 Telephone [phone] Adelaide Level 7, Suite 714, 147 Pirie Street, Adelaide SA 5000 Telephone [phone]

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

Challenger Investment Partners 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 Mortgage Management Pty Ltd ABN 72 087 271 109 Challenger Securitisation Management Pty Ltd ABN 56 100 346 898 AFSL 244593 Challenger Investment Solutions Management Pty Ltd ABN 63 130 035 353 AFSL 487354

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

ToCompany Name/Scheme

Lifestyle Communities Limited

ACN/ARSN

078 675 153

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

25/01/2022

The previous notice was given to the company on

17/11/2021

onlyThe previous notice was dated

17/11/2021

use

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

6,444,012

6.16%

7,507,284

7.18%

3. Changes in relevant interests

personal

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:

its entities listed in

Limited

Pty Limited

securities purchased

Fully Paid)

Date of change

Person whose relevant

Nature of change (6)

Consideration given in

Class and number of

Person's votes

interest changed

relation to change (7)

securities affected

affected

Refer

Challenger Limited

Refer

Refer

Refer

Refer

Annexure 1

(and its entities

Annexure 1

Annexure 1

Annexure 1

Annexure 1

listed in Annexure

2)

4. Present relevant interests

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

Holder of relevant

Registered holder of

Person entitled to be

Nature of relevant interest

Class and number of

Person's votes

interest

securities

registered as holder

(6)

securities

(8)

Challenger Limited (and

UBS Nominees Pty

UBS Nominees

Ordinary Fully Paid

170,543 (Ordinary

170,543

For

Annexure 2)

and sold on market

and acquired and sold

(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).

Challenger Limited (and

BNP Paribas

BNP Paribas

As above

1,210,137

1,210,137

its entities listed in

Nominees Pty

Nominees Pty

(Ordinary Fully

Annexure 2)

Limited

Limited

Paid)

For personal use only

Challenger Limited (and	J. P. Morgan	J. P. Morgan	As above	1,235,861	1,235,861
its entities listed in	Nominees	Nominees		(Ordinary Fully
Annexure 2)	Australia Pty	Australia Pty		Paid)
	Limited	Limited
Challenger Limited (and	HSBC Custody	HSBC Custody	As above	1,611,463	1,611,463
its entities listed in	Nominees	Nominees		(Ordinary Fully
Annexure 2)	(Australia) Limited	(Australia)		Paid)
		Limited
Challenger Limited (and	Citicorp Nominees	Citicorp	As above	1,978,529	1,978,529
its entities listed in	Pty Limited	Nominees Pty		(Ordinary Fully
Annexure 2)		Limited		Paid)
Challenger Limited (and	National Nominees	National	As above	1,300,751	1,300,751
its entities listed in	Limited	Nominees		(Ordinary Fully
Annexure 2)		Limited		Paid)

5. Changes in association

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:

Name and ACN/ARSN (if applicable)	Nature of association
N/A	N/A
6. Addresses
The addresses of persons named in this form are as follows:
Name	Address
Challenger Limited (and its entities	Level 2, 5 Martin Place, Sydney NSW 2000
listed in Annexure 2)

Signature

print name	Linda Matthews	Capacity	Company Secretary
sign here		date	28/01/2022

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:

1. 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
2. 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.

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.

1. 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".
2. Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

Annexure 1 consists of 4 page/s and is referred to in Form 604 signed by me and dated 28/01/2022

					Linda Matthews
only			Company Secretary of Challenger Limited
	Transactions:
	Company
	Name/Scheme:	Lifestyle Communities Limited (LIC)
	As at:		25/01/2022
	Class of security:	Ordinary Fully Paid
				Holder of relevant			Number of	Person's Votes
		Date of Change	interest	Nature of Change	Consideration	Securities	Affected
use			Challenger Limited (and its
				entities listed in Annexure
			16/11/2021	2)	Buy	446,445	20,991	20,991
			22/11/2021	As above	Buy	56,000	2,689	2,689
			22/11/2021	As above	Buy	74,181	3,562	3,562
			22/11/2021	As above	Buy	215,441	10,345	10,345
			22/11/2021	As above	Buy	66,246	3,181	3,181
			22/11/2021	As above	Buy	99,838	4,794	4,794
			24/11/2021	As above	Buy	807,530	40,108	40,108
personal		29/11/2021	As above	Buy	1,431,212	72,121	72,121
			30/11/2021	As above	Buy	190,890	9,370	9,370
			02/12/2021	As above	Buy	250,138	12,695	12,695
			07/12/2021	As above	Buy	327,781	16,318	16,318
			10/12/2021	As above	Buy - Transfer	2,666,240	126,542	126,542
			15/12/2021	As above	Buy	23,920	1,164	1,164
			15/12/2021	As above	Buy	8,919	434	434
			15/12/2021	As above	Buy	17,468	850	850
			15/12/2021	As above	Buy	22,215	1,081	1,081
			15/12/2021	As above	Buy	25,855	1,263	1,263
			15/12/2021	As above	Buy	23,365	1,137	1,137
			15/12/2021	As above	Buy	3,309	161	161
			15/12/2021	As above	Buy	25,194	1,226	1,226
			15/12/2021	As above	Buy	82,008	4,006	4,006
			15/12/2021	As above	Buy	1,295	63	63
			15/12/2021	As above	Buy	29,510	1,436	1,436
			15/12/2021	As above	Buy	6,309	307	307
			15/12/2021	As above	Buy	105,401	5,129	5,129
			15/12/2021	As above	Buy	10,789	525	525
			15/12/2021	As above	Buy	2,487	121	121
			15/12/2021	As above	Buy	67,117	3,266	3,266
For		16/12/2021	As above	Buy	63,945	2,956	2,956
			16/12/2021	As above	Buy	23,860	1,103	1,103
			16/12/2021	As above	Buy	46,661	2,157	2,157
			16/12/2021	As above	Buy	59,359	2,744	2,744
			16/12/2021	As above	Buy	62,431	2,886	2,886
			16/12/2021	As above	Buy	8,869	410	410
			16/12/2021	As above	Buy	67,341	3,113	3,113
			16/12/2021	As above	Buy	3,483	161	161
			16/12/2021	As above	Buy	78,871	3,646	3,646
			16/12/2021	As above	Buy	16,852	779	779
			16/12/2021	As above	Buy	281,566	13,016	13,016
			16/12/2021	As above	Buy	28,836	1,333	1,333

Page 1 of 4

Holder of relevant

interest

For personal use only

Date of Change

16/12/2021 As above 16/12/2021 As above 17/12/2021 As above 17/12/2021 As above 17/12/2021 As above 17/12/2021 As above 17/12/2021 As above 17/12/2021 As above 17/12/2021 As above 17/12/2021 As above 17/12/2021 As above 17/12/2021 As above 17/12/2021 As above 17/12/2021 As above 17/12/2021 As above 17/12/2021 As above 17/12/2021 As above 20/12/2021 As above 20/12/2021 As above 20/12/2021 As above 20/12/2021 As above 20/12/2021 As above 20/12/2021 As above 20/12/2021 As above 20/12/2021 As above 20/12/2021 As above 20/12/2021 As above 20/12/2021 As above 20/12/2021 As above 20/12/2021 As above 20/12/2021 As above 21/12/2021 As above 21/12/2021 As above 21/12/2021 As above 21/12/2021 As above 21/12/2021 As above 21/12/2021 As above 21/12/2021 As above 21/12/2021 As above 21/12/2021 As above 21/12/2021 As above 21/12/2021 As above 21/12/2021 As above 21/12/2021 As above 21/12/2021 As above 21/12/2021 As above 21/12/2021 As above 21/12/2021 As above 21/12/2021 As above 21/12/2021 As above 21/12/2021 As above 21/12/2021 As above 21/12/2021 As above 21/12/2021 As above 21/12/2021 As above 21/12/2021 As above 21/12/2021 As above 21/12/2021 As above

		Number of	Person's Votes
Nature of Change	Consideration	Securities	Affected
Buy	6,641	307	307
Buy	179,310	8,289	8,289
Buy	125,269	5,918	5,918
Buy	46,738	2,208	2,208
Buy	91,444	4,320	4,320
Buy	116,294	5,494	5,494
Buy	122,306	5,778	5,778
Buy	17,357	820	820
Buy	131,937	6,233	6,233
Buy	6,837	323	323
Buy	154,544	7,301	7,301
Buy	33,021	1,560	1,560
Buy	59,755	2,816	2,816
Buy	551,689	26,063	26,063
Buy	56,496	2,669	2,669
Buy	13,018	615	615
Buy	351,338	16,598	16,598
Buy	49,386	2,369	2,369
Buy	18,429	884	884
Buy	36,044	1,729	1,729
Buy	45,842	2,199	2,199
Buy	48,219	2,313	2,313
Buy	6,838	328	328
Buy	52,034	2,496	2,496
Buy	2,689	129	129
Buy	60,935	2,923	2,923
Buy	13,008	624	624
Buy	217,557	10,436	10,436
Buy	22,285	1,069	1,069
Buy	5,128	246	246
Buy	138,527	6,645	6,645
Buy	57,336	2,801	2,801
Buy	46,415	2,266	2,266
Buy	36,048	1,761	1,761
Buy	21,391	1,045	1,045
Buy	17,308	845	845
Buy	13,449	657	657
Buy	41,841	2,044	2,044
Buy	33,900	1,655	1,655
Buy	26,304	1,285	1,285
Buy	53,222	2,600	2,600
Buy	43,096	2,104	2,104
Buy	33,468	1,635	1,635
Buy	55,965	2,734	2,734
Buy	45,329	2,213	2,213
Buy	35,208	1,720	1,720
Buy	7,942	388	388
Buy	6,452	315	315
Buy	4,995	244	244
Buy	60,387	2,950	2,950
Buy	48,893	2,387	2,387
Buy	37,972	1,855	1,855
Buy	3,132	153	153
Buy	2,540	124	124
Buy	1,965	96	96
Buy	70,724	3,455	3,455
Buy	57,271	2,796	2,796
Buy	44,481	2,173	2,173

Page 2 of 4