Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
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- Peter Lynch
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Securities and Exchange Commission
Washington, D.C. 20549
Schedule 13G
(Rule 13d-102)
Information to be Included in Statements Filed Pursuant
to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed
Pursuant to § 240.13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. )*
Iris Energy Limited
(Name of Issuer)
Ordinary Shares
(Title of Class of Securities)
Q4982L109
(CUSIP Number)
December 31, 2021
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
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☐
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Rule 13d-1(b)
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☐
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Rule 13d-1(c)
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☒
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Rule 13d-1(d)
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* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act (however, see the Notes).
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CUSIP No. Q4982L109
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Schedule 13G
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Page 1 of 7
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1
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NAMES OF REPORTING PERSONS
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The Awassi Capital Trust #1
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)☐
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(b)☐
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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Australia
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
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0
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6
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SHARED VOTING POWER
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6,000,000
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7
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SOLE DISPOSITIVE POWER
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0
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8
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SHARED DISPOSITIVE POWER
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6,000,000
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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6,000,000
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10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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Not Applicable
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
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10.7%
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12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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OO
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CUSIP No. Q4982L109
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Schedule 13G
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Page 2 of 7
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1
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NAMES OF REPORTING PERSONS
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Awassi Capital Holdings 1 Pty Ltd (ACN 629 820 499)
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)☐
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(b)☐
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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Australia
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
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0
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6
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SHARED VOTING POWER
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6,000,000
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7
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SOLE DISPOSITIVE POWER
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0
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8
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SHARED DISPOSITIVE POWER
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6,000,000
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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6,000,000
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10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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Not Applicable
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
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10.7%
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12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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CO
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CUSIP No. Q4982L109
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Schedule 13G
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Page 3 of 7
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1
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NAMES OF REPORTING PERSONS
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William Gregory Roberts
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)☐
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(b)☐
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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Australia
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
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0
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6
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SHARED VOTING POWER
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6,000,000
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7
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SOLE DISPOSITIVE POWER
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0
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8
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SHARED DISPOSITIVE POWER
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6,000,000
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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6,000,000
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10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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Not Applicable
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
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10.7%
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12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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IN
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CUSIP No. Q4982L109
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Schedule 13G
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Page 4 of 7
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ITEM 1. (a)
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Name of Issuer:
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Iris Energy Limited (the “Issuer”).
| (b) |
Address of Issuer’s Principal Executive Offices:
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Level 21, 60 Margaret Street, Sydney, NSW 2000 Australia
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ITEM 2. (a)
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Name of Person Filing:
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Each of the following is hereinafter individually referred to as a “Reporting Person” and collectively as the “Reporting Persons.” This statement is filed on behalf of:
The Awassi Capital Trust #1
Awassi Capital Holdings 1 Pty Ltd (ACN 629 820 499) (“Awassi Capital 1”)
William Gregory Roberts
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Address or Principal Business Office:
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The business address of the Reporting Persons is c/o Iris Energy Limited, Level 21, 60 Margaret Street, Sydney, NSW 2000 Australia.
| (c) |
Citizenship of each Reporting Person is:
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Each of The Awassi Capital Trust #1 and Awassi Capital 1 is organized under the laws of Australia. Mr. Roberts is a citizen of Australia.
| (d) |
Title of Class of Securities:
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Ordinary Shares (“Ordinary Shares”).
| (e) |
CUSIP Number:
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Q4982L109
ITEM 3.
Not applicable.
| ITEM 4. |
Ownership.
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(a-c)
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CUSIP No. Q4982L109
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Schedule 13G
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Page 5 of 7
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The ownership information presented below represents beneficial ownership of Ordinary Shares of the Issuer as of December 31, 2021, based upon 56,036,108 Ordinary Shares outstanding as of
December 31, 2021 (55,036,108 Ordinary Shares outstanding plus 1,000,000 Ordinary Shares issuable upon the exercise of options that are immediately exercisable or exercisable by each Reporting Person within 60 days of December 31, 2021).
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Reporting Person
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Amount
beneficially
owned
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Percent
of class:
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Sole power
to vote or to
direct the
vote:
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Shared power
to vote or to
direct the vote:
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Sole
power to
dispose or
to direct
the
disposition
of:
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Shared
power to
dispose or
to direct
the
disposition
of:
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The Awassi Capital Trust #1
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6,000,000
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10.7%
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0
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6,000,000
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0
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6,000,000
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Awassi Capital Holdings 1 Pty Ltd
(ACN 629 820 499)
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6,000,000
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10.7%
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0
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6,000,000
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0
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6,000,000
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||||||||||||
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William Gregory Roberts
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6,000,000
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10.7%
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0
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6,000,000
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0
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6,000,000
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The Awassi Capital Trust #1 is the record holder of 6,000,000 Ordinary Shares (including 1,000,000 Ordinary Shares issuable upon the exercise of options that are immediately exercisable or
exercisable within 60 days of December 31, 2021). Mr. Roberts is the sole shareholder of Awassi Capital 1, which is the trustee for The Awassi Capital Trust #1. As a result, each of the Reporting Persons may be deemed to share beneficial ownership
over the securities reported herein.
| ITEM 5. |
Ownership of Five Percent or Less of a Class.
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Not applicable.
| ITEM 6. |
Ownership of More than Five Percent on Behalf of Another Person.
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Not applicable.
| ITEM 7. |
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.
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Not applicable.
| ITEM 8. |
Identification and Classification of Members of the Group.
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Not applicable.
| ITEM 9. |
Notice of Dissolution of Group.
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Not applicable.
| ITEM 10. |
Certification.
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Not applicable.
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CUSIP No. Q4982L109
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Schedule 13G
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Page 6 of 7
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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Date: February 14, 2022
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The Awassi Capital Trust #1
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By:
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Awassi Capital Holdings 1 Pty Ltd (ACN 629 820 499), its trustee | |
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By:
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/s/ William Gregory Roberts |
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Name: William Gregory Roberts
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Title: Director
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Awassi Capital Holdings 1 Pty Ltd (ACN 629 820 499)
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By:
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/s/ William Gregory Roberts |
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Name: William Gregory Roberts
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Title: Director
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William Gregory Roberts
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/s/ William Gregory Roberts
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CUSIP No. Q4982L109
|
Schedule 13G
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Page 7 of 7
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LIST OF EXHIBITS
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Exhibit No.
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Description
|
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Joint Filing Agreement.
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