CTI LOGISTICS LIMITED — Major Shareholding Notification 2018

Sep 11, 2018

605 Page 1 of 2 15 July 2001

Form 605

Corporations Act 2001

Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme CTI LOGISTICS LTD

ACN/ARSN 008 778 925

1. Details of substantial holder (1)

Pinnacle Investment Management Group Limited (and its subsidiaries Name listed in Annexure A) 100 325 184

ACN/ARSN (if applicable)

The holder ceased to be a substantial holder on 12/09/2018 The previous notice was given to the company on 26/04/2018 The previous notice was dated 23/04/2018

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) 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:

Date ofchange	Person whoserelevant interestchanged	Nature of change (4)	Consideration given inrelation to change (5)	Class (6) andnumber ofsecurities affected	Person's votesaffected
REFER TOANNEXUREA

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) 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
REFER TO ANNEXURE B - NO
CHANGES

4. Addresses

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

Name	Address
REFER TO ANNEXURE C

Signature

print name CALVIN KWOK

capacity COMPANY SECRETARY

605 Page 2 of 2 15 July 2001

sign here

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date 12/09/2018

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 4 of the form.

• (2) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (3) See the definition of "associate" in section 9 of the Corporations Act 2001.

• (4) 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

  • (b) 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.

• (5) 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.

• (6) The voting shares of a company constitute one class unless divided into separate classes.

• (7) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

CTI LOGISTICS LTD

CTI LOGISTICS LTD	CTI LOGISTICS LTD
Annexure A
Date of Change	Person whose relevant interest changed	Nature of change	Considerationgiven in relationto change	Number ofsecuritiesaffected	Person'svotesaffected	Class of securities
12/09/2018	Pinnacle Investment Management Group LimitedPinnacle Investment Management LimitedAriano Pty Limited (ACN 605 250 799)Next Financial Limited (ACN 081 722 894)Next Financial Nominees Pty Ltd (ACN 093 252 576)Next Financial Nominees No. 2 Pty Ltd (ACN 132 819 115)Investment Solutions Client Services Pty Ltd (ACN 117 898 334)Priority Funds Management Pty Ltd (ACN 120 826 575)Priority Investment Management Pty Ltd (ACN 116 943 456PNI Option Plan Managers Pty Ltd (ACN 125 030 766)Pinnacle RE Services Limited (ACN 130 508 379)Pinnacle Services Administration Pty Ltd (ACN 126 175 148)Pinnacle Investment Management (UK) Limited (Company Number11026111)POSH Nominees Pty Limited (ACN 620 094 251)	Ceased to be deemed undersection 608(3) of the CorporationsAct 2001 (Cth) to have a relevantinterest in the securities thesubject of this notice as a result ofa reduction in voting power heldby it or its associates directly orindirectly in relevant affiliatedinvestment manager(s).	-$	2,678,728	2,678,728	Ordinary fully paid
12/09/2018	Pinnacle Fund Services Limited (ACN 082 494 362)	Ceased to be deemed undersection 608(3) of the CorporationsAct 2001 (Cth) to have a relevantinterest in the securities thesubject of this notice as a result ofa reduction in voting power heldby it or its associates directly orindirectly in relevant affiliatedinvestment manager(s).	-$	2,678,728	2,678,728	Ordinary fully paid

This is Annexure "A" as mentioned in form 605 Notice of ceasing to be a substantial holder

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Calvin Kwok Company Secretary Date: 12/09/2018

CTI LOGISTICS LTDAnnexure B	CTI LOGISTICS LTDAnnexure B	CTI LOGISTICS LTDAnnexure B
Name	ACN	Nature of Association
Pinnacle Investment ManagementGroup Limited	100 325 184	Related body corporate of each other entity listed inAnnexure B.
Pinnacle Investment ManagementLimited	109 659 109	Related body corporate of each other entity listed inAnnexure B.
Pinnacle Fund Services Limited	082 494 362	Related body corporate of each other entity listed inAnnexure B.
Ariano Pty Limited	605 250 799	Related body corporate of each other entity listed inAnnexure B.
Next Financial Limited	081 722 894	Related body corporate of each other entity listed inAnnexure B.
Next Financial Nominees Pty Ltd	093 252 576	Related body corporate of each other entity listed inAnnexure B.
Next Financial Nominees No. 2 PtyLtd	132 819 115	Related body corporate of each other entity listed inAnnexure B.
Investment Solutions ClientServices Pty Ltd	117 898 334	Related body corporate of each other entity listed inAnnexure B.
Priority Funds Management Pty Ltd	120 826 575	Related body corporate of each other entity listed inAnnexure B.
Priority Investment Management PtyLtd	116 943 456	Related body corporate of each other entity listed inAnnexure B.
PNI Option Plan Managers Pty Ltd	116 943 456	Related body corporate of each other entity listed inAnnexure B.
Pinnacle RE Services Limited	130 508 379	Related body corporate of each other entity listed inAnnexure B.
Pinnacle Services AdministrationPty Ltd	126 175 148	Related body corporate of each other entity listed inAnnexure B.
Pinnacle Investment Management(UK) Limited	CompanyNumber11026111	Related body corporate of each other entity listed inAnnexure B.
POSH Nominees Pty Limited	620 094 251	Related body corporate of each other entity listed inAnnexure B.

This is Annexure "B" as mentioned in form 605 Notice of ceasing to be a substantial holder

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Calvin Kwok Company Secretary Date: 12/09/2018

CTI LOGISTICS LTD Annexure C

CTI LOGISTICS LTDAnnexure C
Name	Address
Pinnacle Investment Management GroupLimited	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Pinnacle Fund Services Limited	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Pinnacle Investment Management Limited	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Pinnacle Investment Management GroupLimited	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Pinnacle Investment Management Limited	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Pinnacle Fund Services Limited	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Ariano PtyLimited	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Next Financial Limited	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Next Financial Nominees PtyLtd	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Next Financial Nominees No. 2 PtyLtd	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Investment Solutions Client Services PtyLtd	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
PriorityFunds Management PtyLtd	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
PriorityInvestment Management PtyLtd	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
PNI Option Plan Managers PtyLtd	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Pinnacle Investment Management(UK)Limited	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Pinnacle RE Services Limited	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Pinnacle Services Administration PtyLtd	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
POSH Nominees PtyLimited	Level 19, 307 Queen St, Brisbane QLD 4000, Australia

This is Annexure "C" as mentioned in form 605 Notice of ceasing to be a substantial holder

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Calvin Kwok Company Secretary Date: 12/09/2018