AEROMETREX LIMITED — Major Shareholding Notification 2020

Mar 1, 2020

Form 603 Corporations Act 2001 Section 671B

Notice of initial substantial holder

To: Aerometrex Ltd ACN/ARSN: 94 153 103 925 Source: Australian Business Registe Name: Perennial Value Management Limited ACN: 22 090 879 904 The holder became a substantial shareholder on: 28 February 2020 2. Details of Voting Power The total number of votes attached to all the voting shares in the company or voting interest in the scheme that the substantial hol	To: Aerometrex Ltd ACN/ARSN: 94 153 103 925 Source: Australian Business Registe Name: Perennial Value Management Limited ACN: 22 090 879 904 The holder became a substantial shareholder on: 28 February 2020 2. Details of Voting Power The total number of votes attached to all the voting shares in the company or voting interest in the scheme that the substantial hol	To: Aerometrex Ltd ACN/ARSN: 94 153 103 925 Source: Australian Business Registe Name: Perennial Value Management Limited ACN: 22 090 879 904 The holder became a substantial shareholder on: 28 February 2020 2. Details of Voting Power The total number of votes attached to all the voting shares in the company or voting interest in the scheme that the substantial hol	To: Aerometrex Ltd ACN/ARSN: 94 153 103 925 Source: Australian Business Registe Name: Perennial Value Management Limited ACN: 22 090 879 904 The holder became a substantial shareholder on: 28 February 2020 2. Details of Voting Power The total number of votes attached to all the voting shares in the company or voting interest in the scheme that the substantial hol
Class of securities	Number of securities	Person’s votes	Voting Power(%)
Ordinary	4,976,100	4,976,100	5.27

The total number of votes attached to all the voting shares in the company or voting interest in the scheme that the substantial holder or an associate had

3. Details of relevant interests

Holder of relevant interest Nature of relevenat interest Class & number of securities(Ord) Perennial Value Management Limited Investment Manager 4,976,100 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	Holder of relevant interest Nature of relevenat interest Class & number of securities(Ord) Perennial Value Management Limited Investment Manager 4,976,100 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	Holder of relevant interest Nature of relevenat interest Class & number of securities(Ord) Perennial Value Management Limited Investment Manager 4,976,100 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
Holder of relevant interest	Nature of relevenat interest	Class & number of securities(Ord)
Perennial Value Management Limited	Investment Manager	4,976,100

4. Details of present registered holders

The persons registered as holders of the securities referred to paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder	Class & number of securities (Ord)
Perennial Value Management Limited	National Asset Servicing	National Asset Servicing	3,024,939
Perennial Value Management Limited	Citicorp Nominees Pty Limited	Citicorp Nominees Pty Limited	1,951,161

5. Consideration

The consideration paid for each relevant interest referred to paragraph 3 above, and acquired in the four months prior to the day that the substantial

Holder of relevant interest	Date of acquisition	Consideration	Consideration	Class & and number of securities
		Cash	Non-cash
National Asset Servicing	2/12/2019	2,845,714.00 $		2,845,714
National Asset Servicing	10/12/2019	484,886.77 $		255,504
National Asset Servicing	11/12/2019	7,219.00 $		- 3,654
National Asset Servicing	12/12/2019	531,676.71 $		- 255,409
National Asset Servicing	18/12/2019	348,505.44 $		- 185,360
National Asset Servicing	19/12/2019	143,461.81 $		74,106
National Asset Servicing	19/12/2019	144,409.72 $		- 74,606
National Asset Servicing	23/12/2019	19,643.12 $		10,000
National Asset Servicing	24/12/2019	156,475.17 $		78,585
National Asset Servicing	27/12/2019	67,880.54 $		33,783
National Asset Servicing	30/12/2019	60,275.54 $		29922
National Asset Servicing	30/01/2020	198,720.23 $		95,000
National Asset Servicing	31/01/2020	9,727.76 $		4,650
National Asset Servicing	6/02/2020	406,897.14 $		- 170,561
National Asset Servicing	7/02/2020	40,524.79 $		18,063
National Asset Servicing	10/02/2020	49,534.29 $		22,008
National Asset Servicing	11/02/2020	66,521.02 $		29,500
National Asset Servicing	13/02/2020	82,956.07 $		34,265
National Asset Servicing	24/02/2020	214,918.84 $		103,050
National Asset Servicing	25/02/2020	156,103.60 $		80,379

Citicorp Nominees Pty Limited	26/02/2020	631,686.08 $		353,624
Citicorp Nominees Pty Limited	27/02/2020	1,996,905.29 $		1,045,946
Citicorp Nominees Pty Limited	28/02/2020	974,317.94 $		551,591

6. Associates

The reasons the persons above in paragraph 3 above are associates of the substantial holder are as follows:

Name & ACN	Nature of association
Not applicable

7. Addresses

The addresses of persons named in this form are as follows:

Name		Address
Perennial Value Management	Level 27, 88 Phillip St
Limited	SydneyNSW 2000
Aerometrex Ltd	Aerometrex Ltd51-53 Glynburn Road,Glynde,Sa 5070
Signature
Print Name	Bill Anastasopoulos	Capacity	Company Secretary
Sign Here		Date	2/03/2020