GTN LIMITED — Major Shareholding Notification 2019

Sep 19, 2019

ICE INVESTORS

FACSIMILE TRANSMITTAL SHEET

TO:	FROM:
Company Announcements Dept.	Sue Theckston
COMPANY:	DATE:
Australian Stock Exchange	20.09.19
FAX NUMBER:	TOTAL NO. OF PAGES INCLUDING COVER:
1300 135 638
RE:
Change Substantial Shareholder Notification

OURGENT D FOR REVIEW $\Box$ PLEASE COMMENT $\Box$ PLEASE REPLY OPLEASE RECYCLE

NOTES/COMMENTS:

Please find attached form 604 - Change Substantial holder notice for GTN Limited (GTN).

Kind Regards,

Sue Theckston Portfolio Administrator

ICE Investors Pty Ltd | ABN: 30 630 473 568 Authorised Representative of SG Hiscock & Company Ltd | AFSL: 240679 Level 12,350 Collins Street, Melbourne, 3000, Australia +61 3 9491 8100 | admin@iceinvestors.com.au | www.iceinvestors.com.au

FACSIMILE TRANSMITTAL SHEET
TO:	Company Announcements Dept.	FROM:	Sue Theckston
COMPANY: GTN Limited		DATE:	20.09.19
FAX NUMBER INFO(a)GTNETWORK.COM.AU		4	TOTAL NO. OF PAGES INCLUDING COVER!
RE:	Change Substantial Shareholder Notification
$\Box$ URGENT		$\Box$ for review $\Box$ PLEASE COMMENT $\Box$ PLEASE REPLY $\Box$ PLEASE RECYCLE
NOTES/COMMENTS:

Please find attached form 604 - Change Substantial holder notice for GTN Limited (GTN).

Kind Regards,

Sue Theckston Portfolio Administrator

ICE Investors Pty Ltd | ABN: 30 630 473 568 Authorised Representative of SG Hiscock & Company Ltd | AFSL: 240679 Level 12,350 Collins Street, Melbourne, 3000, Australia +61 3 9491 8100 | admin@iceinvestors.com.au | www.iceinvestors.com.au

604 page 1/2 15 July 2001

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	GTN Limited --------------------------------------- .
ACN/ARSN	606 841 601

1. Details of substantial holder(1)

Name	ICE Investors Pty Ltd
ACN/ARSN (if applicable)	630 473 568
	_________	---------------------------------------

There was a change in the interests of the substantial holder on	19/09/2019
The previous notice was given to the company on	03/07/2015
The previous notice was dated	01/07/2019

2. Provious and prosent 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 r

Class of securities (4)	Previous notice .		Present notice
	Person's votes	Voting power (5)	Person's vote if	Vating power (5)
FULLY PAID ORDINARY (15,185,735 6,78%) .			17810735 17.95%	.
.

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
19/09/19	IICE INVESTORS	láuy	\$2,438,019-	3,000,000 3,000,000

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)	Naturo of relevant Interest (6)	Class and number of securities.	Person's votes
II CF.	HSBC CUSTODY			178107351	17,810,735
INVESTORS NOMINEES
			--

504 page 2/2 15 July 2001

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) Bananan menandan se	--------------------------------------- Nature of association ---------------------------------------
.

6. Addresses

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

	Name		.	\ddress .		--------------------------------------		---------------
, , , ,	INVESTORS	DTV	LTD	Level	12,	350 Collins Street, .	Melbourne	VIC 3000
								---------------------- _________

Signature

print name AIDAN BROOKSBY

COPOCITY SENIOR INVESTMENT ANALYST

sign here

date 20 / 09 / 2019

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 $(1)$ 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 2003.
• $(3)$ See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
• $\left( 4\right)$ 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:
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 6718(4) applies, a copy of any
  document setting out the terms of any relevant agreement, and a statemen $\langle a \rangle$
• $(b)$ 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.

• 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, becom e
  entitled to recolve in relation to that acquisition. Details $\overline{(\overline{I})}$ Included of 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
• 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". $(8)$
• $(9)$ Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.