24 November 2017
BY ASX ONLINE - 3 pagesManager Company Announcements ASX Limited
Level 10
20 Bond Street
SYDNEY 2000
Dear Sir/Madam,
Notice of initial substantial holder Southern Cross Electrical Engineering Limited [ASX:SXE]Following is a Form 603 Notice of initial substantial holder dated 24 November 2017 in accordance with section 671B of the Corporations Act.
Yours sincerely,
CRAIG SMITH ACIS, CPASecretary
Level 39, 55 Collins Street, Melbourne Vic 3000
Telephone + 61 3 9921 7116 Facsimile + 61 3 9921 7100
To: company name/scheme | SOUTHERN CROSS ELECTRICAL ENGINEERING LTD |
ABN | 92 009 307 046 |
Details of substantial holder
Form 603
Corporations Act 2001 Section 671B
Notice of initial substantial holder
Name
THORNEY OPPORTUNITIES LTD
ACN (if applicable)
080 167 264
The holder became a substantial holder on 23-Nov-17
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 had a relevant interest in on the date the substantial holder became of substantial holder are as follows:
Class of Securities
Number of securities
Person's votes
Voting power
Fully paid ordinary shares
17,166,833
17,166,833
7.42%
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
Class and number of securities
Thorney Opportunities Ltd
Beneficial owner of voting shares
2,000,000 ordinary shares
TIGA Trading Pty Ltd
Beneficial owner of voting shares
11,166,833 ordinary shares
Deemed relevant interest in shares held by Thorney Opportunities Ltd by virtue of section 608(3)(b) of the Corporations Act 2001
2,000,000 ordinary shares
Thorney International Pty Ltd
Beneficial owner of voting shares
4,000,000 ordinary shares
Deemed relevant interest in shares held by Thorney Opportunities Ltd by virtue of section 608(3)(b) of the Corporations Act 2001
2,000,000 ordinary shares
Thorney Investment Group Australia Pty Ltd, Jamahjo Pty Ltd
Deemed relevant interest in shares in which Tiga Trading Pty Ltd has a relevant interest by virtue of section 608(3)(a) of the Corporations Act 2001
15,166,833 ordinary shares
Deemed relevant interest in shares held by Thorney Opportunities Ltd by virtue of section 608(3)(b) of the Corporations Act 2001
2,000,000 ordinary shares
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 interest
Registered holder of securities
Person entitled to be registered as holder
Class and number of securities
Thorney Opportunities Ltd
UBS Nominees Pty Ltd
Thorney Opportunities Ltd
2,000,000
ordinary shares
TIGA Trading Ltd
UBS Nominees Pty Ltd
TIGA Trading Pty Ltd
11,166,833
ordinary shares
Thorney International Pty Ltd
HSBC Custody Nominees (Australia) Ltd
Thorney International Pty Ltd
4,000,000
ordinary shares
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 interest
Date of acquisition
Cash consideration
Class and number of securities
TIGA Trading Ltd
26-Jul-17
$nil
1,000,000 ordinary shares
Thorney International Pty Ltd
23-Nov-17
$nil
4,000,000 ordinary shares
Thorney Opportunities Ltd
23-Nov-17
$0.75 per share
2,000,000 ordinary shares
Associates
The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:
Name
Nature of association
TIGA Trading Pty Ltd
Associate under section 12 of the Corporations Act for the purpose of this investment
Thorney International Pty Ltd
Associate under section 12 of the Corporations Act for the purpose of this investment
Thorney Investment Group Australia Pty Ltd
Thorney Investment Group Australia Pty Ltd is the registered holder of all the issued shares in TIGA Trading Pty Ltd
Jamahjo Pty Ltd
Jamahjo Pty Ltd is the registered holder of all the issued shares in Thorney Investment Group Australia Pty Ltd
Addresses
The addresses of persons named in this form are as follows:
Name | Address |
Thorney Opportunities Ltd | Level 39, 55 Collins Street, Melbourne 3000 |
TIGA Trading Pty Ltd ACN 132 886 698 | Level 39, 55 Collins Street, Melbourne 3000 |
Thorney International Pty Ltd ACN 132 886 698 | Level 39, 55 Collins Street, Melbourne 3000 |
Thorney Investment Group Australia Pty Ltd ACN 117 488 892 | Level 39, 55 Collins Street, Melbourne 3000 |
Jamahjo Pty Ltd ACN 117 488 696 | C/- TWF Partners, Level 4, 25 Claremont Street, South Yarra, 3141 |
Signature
Print name CRAIG SMITH ACIS, CPA Capacity SECRETARY
Sign here Date 24 November 2017
Thorney Opportunities Limited published this content on 24 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 November 2017 21:56:08 UTC.
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