GDI PROPERTY GROUP — Major Shareholding Notification 2018

Sep 12, 2018

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/ Scheme	GDI Property Group
ACN/ARSN
1. Details of substantial holder (1) Name	Vinva Investment Management
ACN/ ARSN (if applicable)	147 934 263
The holder ceased to be a substantial holder on	11/09/2018
The previous notice was given to the company on	10/11/2017
The previous notice was dated	08/11/2017

2. 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 a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (4)	Consideration given in relation to change (5)	Class (6) and number of securities affected	Person's votes affected
$09/11/2017 -$ 11/09/2018	Vinva Investment Management	Acquisition of 376.897 shares	Consideration for Acquisition of Shares \$478.151	376,897 shares	376,897 shares
		Disposal of 1,035,276 shares	Consideration for Disposal of Shares \$1,303,706	1,035,276 shares	1.035.276 shares
		Transfer in 857,153 shares		857.153 shares	857.153 shares
		Transfer out 230,874 shares		230.874 shares	1230,874 shares

3. Changes in association

$\overline{r}$

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
N/A

4. Addresses

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

	name Vinva Investment Management		Address
			Level 13, 10 Bridge Street, Sydney, NSW 2000
Signature
	Print name	Robert Cochrane	Chief Operating Officer Capacity
	Sign here		C Date

605 page 2/2 15 July 2001

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 equity $(1)$ 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 memb

$(2)$ 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.
• Include details of: $(4)$

$\ddot{\phantom{a}}$

• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any $(a)$ 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, become entitled to $(5)$ benefit paid on behalf of the substantial holder or its associate in relation to the benefit is conditional on the happening or not of a contingency. Details must be included of any
  benefit paid on behalf of the substantia was acquired.
• The voting shares of a company constitute one class unless divided into separate classes. $(8)$
• Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. $(7)$