DE.MEM LIMITED — Major Shareholding Notification 2019

Jul 2, 2019

Form 603 Corporations Act 2001 Section 671B Notice of initial substantial holder

To : DE.MEM Limited ACN: 614 756 642 ASX Code: DEM

1. Details of substantial holder

Name: IOOF Holdings Limited ACN: 100 103 722

This notice is given by IOOF Holdings Limited on behalf of itself and its subsidiaries.

The holder became a substantial shareholder on: 01/07/2019

2. Previous and present 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 holder or an associate had a relevant interest in on the date the substantial holder is as follows:

Class of securities	Number of	Person’s votes	Voting Power
	securities
Ordinary	10,714,285	10,714,285	7.703%

3. Details of present registered holders

The persons registered as holders of the securities are as follows:

Holder	Registered holder of	Person	Nature of relevant	Class &	Person's
	securities	Entitled	interest	Number (Ord)	votes
		to be
		holder
Perennial Value
Management Limited
(ACN 090 879 904)	NAB Asset Servicing		InvestmentManager	10,714,285	10,714,285

4. Consideration

2

The consideration paid for each relevant interest and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Date	Person	Nature	Consideration	Class &number(ord)	Person'svotes
28/06/2019	Perennial Value ManagementLimited (ACN 090 879 904)	Purchased onmarkeet	$ 1,499,999.90	10,714,285	10,714,285

5. Associates

Name & CAN	Nature of association
Not applicable

6. Addresses

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

Name	Address
IOOF Holdings Limited	Level 6, 161 Collins StreetMelbourne Victoria 3000
DE. MEM Limited	Ground Floor, 16 Ord StreetWest Perth WA 6005
IOOF Investment Management Limited	Level 6, 161 Collins StreetMelbourne Victoria 3000
Perennial Value Management Limited	Level 27, 88 Phillip StreetSydneyNSW 2000