HYDROCARBON DYNAMICS LIMITED — Major Shareholding Notification 2015

Dec 2, 2015

Form 603 Corporations Act 2001 Section 671B

Notice of initial substantial holder

To:Company Name/Scheme Pryme EnergyLIMITED ACN/ARSN 75 117 387 354 1. Details of substantial holder (1) Name GXB PTY LTD / G&J SUPER FUND PTY LTD ACN/ARSN (if applicable) The holder became a substantial holder on 01 / 12 / 2015 2. Details of 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 on the date the substantial holder became a substantial holder are as follows: Class of securities(4) Number of securities Person’s votes(5) Voting power(6) LISTED ORDINARY 60,000,000 60,000,000 5.95% SHARES 3. Details of relevant interests The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows: Holder of relevant interest Nature of relevant interest(7) Class and number of securities	To:Company Name/Scheme Pryme EnergyLIMITED ACN/ARSN 75 117 387 354 1. Details of substantial holder (1) Name GXB PTY LTD / G&J SUPER FUND PTY LTD ACN/ARSN (if applicable) The holder became a substantial holder on 01 / 12 / 2015 2. Details of 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 on the date the substantial holder became a substantial holder are as follows: Class of securities(4) Number of securities Person’s votes(5) Voting power(6) LISTED ORDINARY 60,000,000 60,000,000 5.95% SHARES 3. Details of relevant interests The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows: Holder of relevant interest Nature of relevant interest(7) Class and number of securities	Pryme EnergyLIMITED	Pryme EnergyLIMITED	Pryme EnergyLIMITED	Pryme EnergyLIMITED	Pryme EnergyLIMITED
		75 117 387 354
		GXB PTY LTD / G&J SUPER FUND PTY LTD
	Holder of relevant interest			Nature of relevant interest(7)	Class and number of securities
	GXB PTY LTD G&J Super Fund Pty Ltd			SHAREHOLDER SHAREHOLDER	LISTED FPO – 25,000,000 LISTED FPO – 35,000,000

Holder of relevant interest	Nature of relevant interest(7)	Class and number of securities
GXB PTY LTD G&J Super Fund Pty Ltd	SHAREHOLDER SHAREHOLDER	LISTED FPO – 25,000,000 LISTED FPO – 35,000,000

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holders of relevant Interest	Registered holder of Securities	Person entitled to be registered as a holder(8)	Class and number of securities
GXB PTY LTD G&J Super Fund Pty Ltd	GXB PTY LTD GXB PTY LTD G&J Super Fund PtyLtd	GXB PTY LTD GXB PTY LTD G&J Super Fund PtyLtd	LISTED FPO – 25,000,000 LISTED FPO – 35,000,000

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant Interest	Date of acquisition	Consideration (9)	Consideration (9)	Class and number of securities
		Cash	Non-cash
GXB PTY LTD G&J Super Fund Pty Ltd	Various (12/10/15 –27/11/15) Various (12/10/15 – 1/12/15	$139,667 $224,386		25,000,000 35,000,000

6. Associates

The reasons the person named in paragraph 3 above and associates of the substantial holder are as follows:

Name and ACN/ARSN(if applicable)	Nature of association
N/A	N/A

7. Addresses

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

ersons named in this form are as follows:
Name	Address
GXB PTY LTD G&J Super Fund Pty Ltd	GPO BOX 5458, SYDNEY NSW, 2001 GPO BOX 5458, SYDNEY NSW, 2001

Signature

print name GEOFF BARNES capacity DIRECTOR
sign here date 2 / 12 /	15
DIRECTIONS
mber of substantial holders with similar or related relevant issues (eg. A corporation and its related corporations, or the manager and trustee of an
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
orm as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 7 of the
n of “associate” in Section 9 of the Corporations Act 2001.
n 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.
r of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant
es divided by the total votes in the body corporate or scheme multiplied by 100.
f:
evant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of any document setting out
ms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany
m, together with a written statement certifying this contract, scheme or arrangement; and
alification of the power of a person to exercise, control the exercise of, the voting powers or disposal of the securities to
he relevant interest relates (indicating clearly the particular securities to which the qualification applies).
n of “relevant agreement” in section 9 of the Corporations Act 2001.
holder in unable to determine the identity of the person (eg. If the relevant interest arises because of an option) write “unknown”.
nsideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become
e 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
enefit 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

(1) If there are a number of substantial holders with similar or related relevant issues (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 7 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 total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.

• (6) The person’s votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (7) Include details of:

(a) any relevant agreement or other circumstances by which the relevant interest was acquired. 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, 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.

• (8) If the substantial holder in unable to determine the identity of the person (eg. If the relevant interest arises because of an option) write “unknown”.

(9) 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 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.