ILUKA RESOURCES LIMITED — Major Shareholding Notification 2018

Dec 11, 2018

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme	ILUKA RESOURCES LIMITED (ASX: ILU)
ACN/ARSN
1. Details of substantial holder (1)
Name	Paradice Investment Management Pty Ltd

The holder ceased to be a substantial holder on	10/12/2018
The previous notice was given to the company on	20/08/2018
The previous notice was dated	16/08/2018

ABN 64 090 148 619

2. Changes in relevant interests

ACN/ARSN (if applicable)

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) 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
SEE ATTACHED ANNEXURE

3. Changes in association

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

4. Addresses

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

Name	Address
Paradice Investment Management Pty Ltd	L27 Chifley Tower, 2 Chifley Square, Sydney, NSW 2000

Signature

print name

Peter Manley

sign here

date $12/12/2018$

DIRECTIONS

• If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the $(1)$ 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 4 of the form.
• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $(2)$
• $(3)$ See the definition of "associate" in section 9 of the Corporations Act 2001.
• $(4)$ Include details of:
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) $(a)$ 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
• any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or $(b)$ 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.

• $(5)$ 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.
• The voting shares of a company constitute one class unless divided into separate classes. $(6)$
• Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. $(7)$

CEASING TO BE A SUBSTANTINAL SHAREHOLDER

ANNEXURE 1

STOCK: ILUKA RESOURCES LIMITED (ASX:ILU)

DETAILS OF RELEVANT INTERESTS

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
	17/08/2018 Paradice Investment Management Pty Ltd	Share Purchase	13,156,357.02	1,394,355.00	1,394,355.00
	20/08/2018 Paradice Investment Management Pty Ltd	Share Sale	62,848.33	6,550.00	6,550.00
	21/08/2018 Paradice Investment Management Pty Ltd	Share Purchase	2,307.36	239.00	239.00
	22/08/2018 Paradice Investment Management Pty Ltd	Share Purchase	2,076,708.95	215,203.00	215,203.00
	23/08/2018 Paradice Investment Management Pty Ltd	Share Sale	15,546.50	1,627.00	1,627.00
	24/08/2018 Paradice Investment Management Pty Ltd	Share Purchase	6,924.52	732.00	732.00
	27/08/2018 Paradice Investment Management Pty Ltd	Share Purchase	2,342.59	247.00	247.00
	28/08/2018 Paradice Investment Management Pty Ltd	Share Purchase	98,638.06	9,967.00	9,967.00
	30/08/2018 Paradice Investment Management Pty Ltd	Share Sale	335,049.31	34,880.00	34,880.00
	31/08/2018 Paradice Investment Management Pty Ltd	Share Purchase	30,470.36	3,282.00	3,282.00
	3/09/2018 Paradice Investment Management Pty Ltd	Share Sale	303,880.02	33,556.00	33,556.00
	4/09/2018 Paradice Investment Management Pty Ltd	Share Purchase	327,856.67	34,861.00	34,861.00
	5/09/2018 Paradice Investment Management Pty Ltd	Share Sale	8,471,483.97	910,725.00	910,725.00
	6/09/2018 Paradice Investment Management Pty Ltd	Share Purchase	4,339.92	461.00	461.00
	7/09/2018 Paradice Investment Management Pty Ltd	Share Purchase	1,838,310.40	200,118.00	200,118.00
	10/09/2018 Paradice Investment Management Pty Ltd	Share Purchase	33,190.50	3,610.00	3,610.00
	11/09/2018 Paradice Investment Management Pty Ltd	Share Purchase	122,922.41	13,141.00	13,141.00
	12/09/2018 Paradice Investment Management Pty Ltd	Share Purchase	1,648.51	174.00	174.00
	13/09/2018 Paradice Investment Management Pty Ltd	Share Purchase	698.92	73.00	73.00
	14/09/2018 Paradice Investment Management Pty Ltd	Share Purchase	32,023.15	3,317.00	3,317.00
	17/09/2018 Paradice Investment Management Pty Ltd	Share Purchase	369,301.07	38,372.00	38,372.00
	18/09/2018 Paradice Investment Management Pty Ltd	Share Purchase	4,031.29	418.00	418.00
	19/09/2018 Paradice Investment Management Pty Ltd	Share Sale	10,975.46	1,116.00	1,116.00
	20/09/2018 Paradice Investment Management Pty Ltd	Share Purchase	3,535.08	353.00	353.00

21/09/2018 Paradice Investment Management Pty Ltd	Share Purchase	27,752.21	2,774.00	2,774.00
24/09/2018 Paradice Investment Management Pty Ltd	Share Purchase	4,956.73	503.00	503.00
25/09/2018 Paradice Investment Management Pty Ltd	Share Purchase	3,037.40	303.00	303.00
26/09/2018 Paradice Investment Management Pty Ltd	Share Purchase	73,734.58	7,606.00	7,606.00
27/09/2018 Paradice Investment Management Pty Ltd	Share Purchase	2,285,435.51	239,528.00	239,528.00
28/09/2018 Paradice Investment Management Pty Ltd	Share Purchase	164,595.64	16,535.00	16,535.00
2/10/2018 Paradice Investment Management Pty Ltd	Share Sale	97,818.09	9,651.00	9,651.00
3/10/2018 Paradice Investment Management Pty Ltd	Share Purchase	97,796.06	9,651.00	9,651.00
4/10/2018 Paradice Investment Management Pty Ltd	Share Purchase	2,838.16	282.00	282.00
5/10/2018 Paradice Investment Management Pty Ltd	Share Purchase	109,304.47	11,036.00	11,036.00
8/10/2018 Paradice Investment Management Pty Ltd	Share Purchase	4,396.41	467.00	467.00
9/10/2018 Paradice Investment Management Pty Ltd	Share Purchase	1,669.85	177.00	177.00
11/10/2018 Paradice Investment Management Pty Ltd	Share Purchase	1,645.03	189.00	189.00
12/10/2018 Paradice Investment Management Pty Ltd	Share Purchase	31,074.67	3,490.00	3,490.00
15/10/2018 Paradice Investment Management Pty Ltd	Share Purchase	452.60	52.00	52.00
19/10/2018 Paradice Investment Management Pty Ltd	Share Purchase	28,607.59	3,325.00	3,325.00
22/10/2018 Paradice Investment Management Pty Ltd	Share Purchase	2,552.88	295.00	295.00
24/10/2018 Paradice Investment Management Pty Ltd	Share Sale	11,001,224.37	1,290,000.00	1,290,000.00
25/10/2018 Paradice Investment Management Pty Ltd	Share Purchase	1,811,309.95	224,264.00	224,264.00
26/10/2018 Paradice Investment Management Pty Ltd	Share Purchase	26,763.39	3,382.00	3,382.00
31/10/2018 Paradice Investment Management Pty Ltd	Share Purchase	79,530.76	9,863.00	9,863.00
1/11/2018 Paradice Investment Management Pty Ltd	Share Purchase	922.17	112.00	112.00
2/11/2018 Paradice Investment Management Pty Ltd	Share Purchase	13,543.95	1,637.00	1,637.00
6/11/2018 Paradice Investment Management Pty Ltd	Share Purchase	3,715.88	438.00	438.00
7/11/2018 Paradice Investment Management Pty Ltd	Share Purchase	1,522.57	171.00	171.00
9/11/2018 Paradice Investment Management Pty Ltd	Share Purchase	25,211.69	2,910.00	2,910.00
13/11/2018 Paradice Investment Management Pty Ltd	Share Purchase	7,636.36	898.00	898.00
16/11/2018 Paradice Investment Management Pty Ltd	Share Purchase	26,338.39	3,090.00	3,090.00
Paradice Investment Management Pty Ltd 21/11/2018	Share Purchase	3,481.17	428.00	428.00
22/11/2018 Paradice Investment Management Pty Ltd	Share Sale	1,028,125.14	125,952.00	125,952.00
23/11/2018 Paradice Investment Management Pty Ltd	Share Sale	1,120,077.98	135,674.00	135,674.00
26/11/2018 Paradice Investment Management Pty Ltd	Share Purchase	4,133.31	529.00	529.00
28/11/2018 Paradice Investment Management Pty Ltd	Share Purchase	2,331,466.17	300,000.00	300,000.00
29/11/2018 Paradice Investment Management Pty Ltd	Share Sale	48,038.98	6,099.00	6,099.00
30/11/2018 Paradice Investment Management Pty Ltd	Share Purchase	16,631.51	2,060.00	2,060.00
3/12/2018 Paradice Investment Management Pty Ltd	Share Sale	306,051.77	37,120.00	37,120.00

$\label{eq:2.1} \frac{1}{\sqrt{2\pi}}\int_{0}^{\infty} \frac{1}{\sqrt{2\pi}}\left(\frac{1}{\sqrt{2\pi}}\right)^{2\alpha} \frac{1}{\sqrt{2\pi}}\int_{0}^{\infty} \frac{1}{\sqrt{2\pi}}\left(\frac{1}{\sqrt{2\pi}}\right)^{\alpha} \frac{1}{\sqrt{2\pi}}\frac{1}{\sqrt{2\pi}}\int_{0}^{\infty} \frac{1}{\sqrt{2\pi}}\frac{1}{\sqrt{2\pi}}\frac{1}{\sqrt{2\pi}}\frac{1}{\sqrt{2\pi}}\frac{1}{\sqrt{2\pi}}\frac{1}{\sqrt$

1/12/2018 Paradice Investment Management Pty Ltd	Share Sale	269,634.53	32,989.00	32,989.00
6/12/2018 Paradice Investment Management Pty Ltd	Share Purchase	1,139,544.97	148,295.00	148,295.00
7/12/2018 Paradice Investment Management Pty Ltd	Share Sale	1,678,186.13	220,828.00	220,828.00
10/12/2018 Paradice Investment Management Pty Ltd	Share Sale	2,649,264.37	350,737.00	350,737.00

Total Purchases	77,398,204.95	,197,504.00	.,913,213.00
Total Sales	76,443,208.81	,913,213.00	1,197,504.00
Total	\$954,996.14	$-284, 291$	$-284,291$

This is annexure 1 of 1 pages referred to in form 605 Notice of Ceasing to be a Substantial Holder

COMPANY SECRETARY	CAPACITY
コープイー プー OPULICEIL	DATE