ENERO GROUP LIMITED — Major Shareholding Notification 2016

Feb 16, 2016

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

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To Enero Group Limited (ASX code: EGG) ACN/ARSN 091 524 515

Details of substantial holder

Name Contango Asset Management Limited ACN/ARSN (if applicable) 085 487 421

The holder ceased being a substantial holder on 16/02/2016 The previous notice was given to the company on 14/05/2015 The previous notice was dated 14/05/2015

2. Details of voting power

Date of change	Holder and nature of Relevant Interest	Nature of Change	Considerationgiven in relation**to change **	Class and number ofsecurities affected	Person's votesaffected
16-Sep-15	Contango Asset Management Limited	On market sale	$370,092.64	530,000	530,000
10-Feb-16	Contango Asset Management Limited	On market sale	$929,582.37	971,521	971,521
15-Feb-16	Contango Asset Management Limited	On market sale	$8,154.02	8,521	8,521
16-Feb-16	Contango Asset Management Limited	On market sale	$30,802.34	32,192	32,192

3. Changes in association

Not applicable

4. Addresses

The names and addresses of persons affected by this form are:

Name	Address
Contango Asset Management Limited	Level 27, 35 Collins Street, Melbourne, VIC 3000
Contango Microcap Limited	Level 27, 35 Collins Street, Melbourne, VIC 3000
Contango Managed Investment Scheme	Level 27, 35 Collins Street, Melbourne, VIC 3000
National Nominees Limited	GPO Box 1406, Melbourne, VIC, 3001
BNP Paribas Nominees Pty Limited	PO Box R209, Royal Exchange, NSW 1225
Media Super Limited Microcap Fund	Level 10, 45 Clarence Street, Sydney, NSW 2000

Signature

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Name: Glenn Fowles Capacity: Company Secretary Date: 17/02/2016