CONICO LTD — Major Shareholding Notification 2015

Dec 16, 2015

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Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	Conico Ltd
ACN/ARSN	119 057 457
1. Details of substantial holder(1)
Name	Mr Guy T Le Page ("GTLP")
ACN/ARSN (if applicable)
There was a change in the interests of the substantial holder on	14/12/2015
The previous notice was given to the company on The previous notice was dated	26/11/2009 25/11/2009

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:

Class of securities (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Ordinarv	[20, 509, 212, 16.16]		36, 532, 654 13.47%

3. Changes in relevant interests

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

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
		See Annexure "A"

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 interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
		"A" See Annexure

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 ACNIAnne	_________ commercial contracts and contracts and and the control of the control of the control of the control of the control of the control of the control of the control of the control of the control of the control of the control of the control of the control of the cont	and the company's the second company's
_________ __	______ the contract of the contract of the contract of the contract of the contract of the contract of the contract of _ ___	_____
____ man de la construcción de la construcción de la construcción de la construcción de la construcción de la const the company's company's and the company's the property of the property of the property of the con-	Andrew Constitution of the Constitution of the Constitution of the Constitution of the Constitution of the Constitution of the Constitution of the Constitution of the Constitution of the Constitution of the Constitution of start begin in der der start der Start andere der Start andere der Start andere der Start andere der Start and

6. Addresses

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

Name
Mr Guy T Le Page	PO Box 154, West Perth, WA 6872

Signature

	print name Mr Guy T Le Page	capacity
sign here		16/ 12/ 2015 date

DIRECTIONS

• 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 $(1)$ 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
• See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$
• $(3)$ 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:
• $(a)$ 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
• 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 $(b)$ 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.

• 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, becom e $(7)$ 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.
• 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". $\theta$
• Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. $(9)$

Annexure A

This is Annexure "A" of one page referred to in Form 604 Notice of Change of Interests of a Substantial Holder lodged by Conico Ltd A.C.N. 119 057 457.

Changes in relevant interests

Date	Person whose relevant interest changed	Nature of change	Consideration given in relation to change	Class and Number of Securities	Person's Votes
04/03/2010	GTLP	Sale - Off-market	\$460,975	2,439,375	2,439,375
29/06/2010	GTLP	Purchase - Off-market	\$143,005	929,212	929,212
29/06/2010	GTLP	Purchase - Off-market	\$337,195	2,191,000	2,191,000
29/06/2010	GTLP	Purchase - Off-market	\$38,475	250,000	250,000
29/06/2010	GTLP	Purchase - Off-market	\$376,843	2,448,625	2,448,625
29/06/2010	GTLP	Sale - Off market	\$143,005	929,212	929,212
29/06/2010	GTLP	Sale - Off-market	\$1,089,708	7,080,625	7,080,625
28/06/2011	GTLP	Purchase - Off-market	\$48,973	1,224,313	1,224,313
28/06/2011	GTLP	Purchase - Off-market	\$127,128	3,179,444	3,179,444
28/06/2011	GTLP	Sale - Off-market	\$127,128	3,179,444	13,367,888
28/06/2011	GTLP	Sale - Off-market	\$97,945	2,448,625	2,448,625
03/01/2013	GTLP	Dilution upon issue of shares by Conico	N/A	14,654,524	14,654,524
22/05/2014	GTLP	Sale	\$6,574	939,245	939,245
14/10/2015	GTLP	Dilution upon issue of shares by Conico	N/A	13,715,279	13,715,279
25/11/2015	GTLP	Dilution upon issue of shares by Conico	N/A	13,715,279	13,715,279
14/12/2015	GTLP	Issue of shares as satisfaction for debt.	\$182,539	22,817,375	22,817,375

Present relevant interests

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder	Nature of relevant interest	Class and Number of Securities	Person's Votes
GTLP	GTLP	GTLP	Direct	6,158,625	6,158,625
GTLP	Le Page Super G Fund Account	Le Page Super G T Fund Account	Beneficiary	6,214,194	6,214,194
Navigator Australia Ltd	Navigator Australia Ltd	Navigator Australia Ltd	Beneficiary	8,034,835	8.034.835
BT Global Pty Ltd	BT Global Pty Ltd	BT Global Pty Ltd	Director & Shareholder	3,375,000	3,375,000
RM Capital Pty Ltd	RM Capital Pty Ltd	RM Capital Pty Ltd	Director & Shareholder	3,750,000	3,750,000
RM Corporate Finance Pty Ltd	RM Corporate Finance Pty Ltd	RM Corporate Finance Pty Ltd	Director & Shareholder	9,000,000	9,000,000

Guy Le Page

Guy T Le Page

Date: 16 December 2015