GTN LIMITED — Major Shareholding Notification 2019

Dec 2, 2019

Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder

To: Company Name/Scheme:	GTN LIMITED
ACN/ARSN	606 841 801
1. Details of substantial holder
Name	Mitsubishi UFJ Financial Group, Inc.
There was a change in the interests of the	28/11/2019
substantial holder on
The previous notice was given to the company on	26/09/2019
The previous notice was dated	26/09/2019
The holder became aware on	2/12/2019

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 had a relevant interest in when last required, and when now required, to give a substantial holding notice to the company or scheme are as follows:

company or scheme are as follows:
Class of securities	Previous notice		Present notice
	Person’s votes	Voting power(%)	Person’s votes	Voting power(%)
Fully Paid ordinary shares	12,114,930	5.41%	14,561,821	6.51%

3. Changes in relevant interest

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:

as follows:
Date of change	Person whose relevant interest changed	Nature of change	Consideration given in relation to change	Class and number of securities affected	Person's votes affected
See annexure A to this notice
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	Nature of relevant interest	Class and number of securities	Person's votes
Mitsubishi UFJ Financial Group, Inc.	HSBC Custody Nominees (Australia) Limited		Relevant interest in securities that Morgan Stanley has a relevant interest in under section 608(3) of the Corporations Act as Mitsubishi UFJ Financial Group, Inc. has voting power of over 20% in Morgan Stanley.	1,745Fully paid ordinary shares	1,745
Mitsubishi UFJ Financial Group, Inc.	Morgan Stanley Australia Securities (Nominee) Pty Limited		Relevant interest in securities that Morgan Stanley has a relevant interest in under section 608(3) of the Corporations Act as Mitsubishi UFJ Financial Group, Inc. has voting power of over 20% in Morgan Stanley.	900 Fully paid ordinary shares	900
Mitsubishi UFJ Financial Group, Inc.	Citicorp Nominees Pty Limited (Australia)		Relevant interest in securities that First Sentier Investors Holdings Pty Limited has a relevant interest in under section 608(3) of the Corporations Act as Mitsubishi UFJ Financial Group, Inc. has voting power of 100% in First Sentier Investors Holdings Pty Limited	14,559,176Fully paid ordinary shares	14,559,176

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5. Changes in association

The persons who have become associates of, ceased to be associates of, or have changed the nature of their association with, the substantial holder in relation to voting interests in the company or scheme are as follows:

substantial holder in relation to voting interests in the company or scheme are as follows:
Name and ACN/ARSN (if applicable)	Nature of association
Not applicable	Not applicable

6. Addresses

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

The addresses of persons named in this form are as follows:
Name	Address
Mitsubishi UFJ Financial Group,Inc.	2-7-1,Marunouchi,Chiyoda-ku,Tokyo 100-8330,Japan

Signature

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Dated 3 December 2019

Ryuichiro Sakuma Authorised signatory

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Annexure A

This is annexure A of 1 page referred to in Form 604, Notice of change of interest of substantial holder dated 3 December 2019

==> picture [79 x 28] intentionally omitted <==

Ryuichiro Sakuma

Authorised signatory Dated 3 December 2019

Date of change	Person whose relevant interest changed	Nature of change	Consideration given in relation to change	Class and number of securities affected	Person's votes affected
25/09/2019	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by First Sentier Investors Holdings Pty Limited	43,860.00	51,000 Ordinary shares	51,000
26/09/2019	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by First Sentier Investors Holdings Pty Limited	44,303.76	51,516 Ordinary shares	51,516
1/10/2019	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by First Sentier Investors Holdings Pty Limited	417,500.00	500,000 Ordinary shares	500,000
15/10/2019	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by First Sentier Investors Holdings Pty Limited	485,940.00	600,000 Ordinary shares	600,000
17/10/2019	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	129390.11	160,061 Ordinary Shares	160061
17/10/2019	Mitsubishi UFJ Financial Group, Inc.	Collateral Returned by an entity controlled by Morgan Stanley	N/A	89,938 Ordinary Shares	89938
18/10/2019	Mitsubishi UFJ Financial Group, Inc.	Borrow Returned by an entity controlled by Morgan Stanley	N/A	5,625 Ordinary Shares	5625
14/11/2019	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	0.75	1 Ordinary Shares	1
19/11/2019	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled byMorgan Stanley	64.93	86 Ordinary Shares	86
22/11/2019	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	64.07	86 Ordinary Shares	86
27/11/2019	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by First Sentier Investors Holdings Pty Limited	624,719.52	867,666 Ordinary shares	867,666
28/11/2019	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by First Sentier Investors Holdings Pty Limited	455,280.48	632,334 Ordinary shares	632,334

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