GR ENGINEERING SERVICES LIMITED — Major Shareholding Notification 2011

Dec 18, 2011

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme GR Engineering Services Limited

ACN/ARSN 121 542 738

1. Details of substantial holder (1)	1. Details of substantial holder (1)
Name		PollyPtyLimited
ACN/ARSN (if applicable)		009 300 449
There was a change in the interests of the
substantial holder on				15/12 /2011
The previous notice was given to the company on				19/04/2011
The previous notice was dated				19/04/2011
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:
				Previous notice	Present notice

	Previous notice	Previous notice	Present notice	Present notice
Class of securities (4)	Person’s votes	Voting power (5)	Person’s votes	Voting power (5)
Fully paid ordinaryshares	12,000,000	8.0%	10,500,000	7.0%

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

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
1512/2011	Polly Pty Limited	Sale	$2,700,000 ($1.80 per fully paid ordinary share)	1,500,000 ordinary shares	1,500,000
15/12/2011	Barry Sydney Patterson	Sale	$2,700,000 ($1.80 per fully paid ordinary share)	1,500,000 ordinary shares	1,500,000
15/12/2011	Glenice Margaret Patterson	Sale	$2,700,000 ($1.80 per fully paid ordinary share)	1,500,000 ordinary shares	1,500,000

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
Polly Pty Limited	Polly Pty Limited	Polly Pty Limited	Direct	10,500,000 ordinary shares	10,500,000
Barry Sydney Patterson	Polly Pty Limited	Polly Pty Limited	Director and Shareholder of Polly Pty Limited	10,500,000 ordinary shares	10,500,000
Glenice Margaret Patterson	Polly Pty Limited	Polly Pty Limited	Director and Shareholder of Polly Pty Limited	10,500,000 ordinary shares	10,500,000

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 ACN/ARSN (if applicable) Nature of association

6. Addresses

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

Name	Address
PollyPtyLimited	PO Box 258 BELMONT WA 6984
BarrySydneyPatterson	104A BindaringParade, PEPPERMINT GROVE WA 6011
Glenice Margaret Patterson	104A BindaringParade, PEPPERMINT GROVE WA 6011

Signature

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sign here date
DIRECTIONS
ber of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the
stee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons
milar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the
sses of members is clearly set out in paragraph 6 of the form.
of "associate" in section 9 of the Corporations Act 2001.
of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
s of a company constitute one class unless divided into separate classes.
es divided by the total votes in the body corporate or scheme multiplied by 100.
:
ant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4)
copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and
details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this
scheme or arrangement; and
fication of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal
curities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).
of "relevant agreement" in section 9 of the Corporations Act 2001.

• (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 6 of the form.

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

• (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

• (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.

• (7) 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 on 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.

• (8) 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’”.

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