INGENIA COMMUNITIES GROUP — Major Shareholding Notification 2018

Dec 23, 2018

Ellerston Capital Limited ABN 34 110 397 674 AFSL No. 283 000

Level 11, 179 Elizabeth Street Sydney NSW 2000 Phone +612 9021 7797 Fax +612 9261 0528 www.ellerstoncapital.com

$\tilde{\alpha}$

TO: The Manager, Company Announcements, ASX

FAX No:

Ellerston Capital Limited FROM:

DATE: 24/12/2018

NO. OF PAGES (Including this page) 6

Dear Manager

RE: Ingenia Communities Group (comprising Ingenia Communities Holdings Limited, Ingenia Communities management Trust & Ingenia Communities Fund) - Form 605

We attach our notice of ceasing to be a substantial holder (Form 605) in respect of Ingenia Communities Group (comprising Ingenia Communities Holdings Limited, Ingenia Communities management Trust & Ingenia Communities Fund).

We note that the shares reported in this Form are owned by third party accounts under the discretionary investment management of Ellerston Capital Limited.

None of Ellerston Capital Limited, nor any of its shareholders or any of their associates hold a direct interest in any shares disclosed in this Form.

Yours sincerely,

Sullelly

lan Kelly Company Secretary Ellerston Capital Limited

Form 605 Corporations Act 2001
Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme	Ingenia Communities Group (comprising Ingenia Communities Holdings Limited, Ingenia Communities management Trust & Ingenia Communities Fund)
ACN/ARSN/ARBN	107 459 576, 122 928 410 & 154 444 925
1. Details of substantial holder (1)
Name	Ellerston Capital Limited (Primary Person), and its associates being those persons listed in Annexure B
ACN/ARSN (if applicable)	ACN 110 397 674

The holder ceased to be a substantial on	20/12/2018
The previous notice was given to the company on	14/11/2018
The previous notice was dated	14/11/2018

2. Changes in relevant interests

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 follows:

Date of change	Person whose relevant interest changed	Nature of change (4)	Consideration given in relation to change (5)	Class (6) and Inumber of securities affected	Person's votes affected
See Annexure A	See Annexure A	See Annexure A	See Annexure A	See Annexure A	See Annexure A

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
N/A

4. Addresses

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

IName	Address
See annexure	The Substantial Shareholder - c/- Level 11, 179 Elizabeth Street, Sydney, NSW, 2000
	The entities listed in Annexure A - c/- Level 11, 179 Elizabeth Street, Sydney, NSW, 2000
Ingenia Communities Group (comprising Ingenia Communities Holdings Limited, Ingenia Communities management Trust & Ingenia Communities Fund)	Level 9, 115 Pitt Street, SYDNEY, NSW, 2000

Signature

pri

rint name	$\sqrt{2}$	capacity	Company Secretary
sign here		date	24/12/2018

Ingenia Communities Group (comprising Ingenia Communities Holdings Limited, Ingenia Communities management Trust & Ingenia Communities Fund) 107 459 576, 122 928 410 & 154 444 925

This is Annexure A of 1 pages referred to in Form Form 605 Notice of ceasing to be a substantial holder.

Signature

IAN KELLY
2MKelly print name capacity Company Secretary date 24/12/2018 sign here

	Person whose relevant			Consideration give in Class (6) and number of	Persons's votes
Date of Change	interest changed		Natures of change (4) relation to change (5) securities affected		affected
20/12/2018	Primary Person	Sell	\$704,180.00	235,306 Securities	235,306
19/12/2018	Primary Person	Sell	\$1,764,851.00	592,227 Securities	592,227
18/12/2018	Primary Person	Sell	\$798,809.00	269,851 Securities	269,851
17/12/2018	Primary Person	Buy	\$670,846.00	226,362 Securities	226,362
14/12/2018	Primary Person	Buy	\$561,074.00	187,100 Securities	187,100
13/12/2018	Primary Person	Sell	\$1,384,909.00	454,814 Securities	454,814
12/12/2018	Primary Person	Buy	\$144,963.00	48,252 Securities	48,252
11/12/2018	Primary Person	Buy	\$74,243.00	24,500 Securities	24,500
10/12/2018	Primary Person	Buy	\$55,943.00	18,453 Securities	18,453
7/12/2018	Primary Person	Buy	\$263,510.00	86,411 Securities	86,411
6/12/2018	Primary Person	Buy	\$435,857.00	142,945 Securities	142,945
5/12/2018	Primary Person	Buy	\$57,338.00	18,830 Securities	18,830
4/12/2018	Primary Person	Sell	\$75,442.00	24,460 Securities	24,460
3/12/2018	Primary Person	Buy	\$6,064.00	1,988 Securities	1,988
30/11/2018	Primary Person	Buy	\$51,929.00	16,972 Securities	16,972
29/11/2018	Primary Person	Buy	\$76,857.00	25,057 Securities	25,057
27/11/2018	Primary Person	Buy	\$627,282.00	205,048 Securities	205,048
26/11/2018	Primary Person	Sell	\$1,143,380.00	369,428 Securities	369,428
23/11/2018	Primary Person	Buy	\$185,761.00	62,441 Securities	62,441
22/11/2018	Primary Person	Sell	\$317,183.00	106,081 Securities	106,081
21/11/2018	Primary Person	Sell	\$294,324.00	99,519 Securities	99,519
20/11/2018	Primary Person	Buy	\$87,045.00	29,507 Securities	29,507
19/11/2018	Primary Person	Buy	\$56,212.00	19,000 Securities	19,000
16/11/2018	Primary Person	Buy	\$142,310.00	48,200 Securities	48,200
15/11/2018	Primary Person	Buy	\$12,520.00	4,232 Securities	4,232

Ingenia Communities Group (comprising Ingenia Communities Holdings Limited, Ingenia Communities management Trust & Ingenia Communities Fund) 107 459 576, 122 928 410 & 154 444 925

This is Annexure B of 3 pages referred to in Form Form 605 Notice of ceasing to be a substantial holder.

Signature

print name		capacity	Company Secretary
sign here	YMIL.	date	24/12/2018

The following entities represent the Passive Substantial Holders. Each is a related body corporate of the Principal Person or a person that controls a related body corporate of the Principal Person and so an associate of the Primary Person under section 12(2)(a) of the Corporations Act, and therefore a substantial holder in the Company.

PARTY/ENTITY NAME	AUSTRALIAN
	COMPANY
Arctic Capital Ltd
Australian Fluorine Chemicals Pty Ltd	000 333 684
Bareage Pty Ltd	060 526 865
BSI Blue Sky International Ltd. (BVI)
Buttermilk Properties LLC
Cairnton Pty Ltd	001 735 075
Cairnton Holdings Limited	008 394 134
Captwo Pty Ltd	091 030 929
Casthree Pty Ltd	084 494 619
Castwo Pty Ltd	084 494 520
Cavalane Holdings Pty Ltd	080 695 754
CBG Holding Company Pty Limited	163 161 420
Chermon Pty Ltd	123 039 305
Conpress (Hong Kong) Ltd
Conpress (Malaysia) Sdn Bhd
Conpress Cayman, LDC
Conpress Cayman II, LDC
Conpress Cayman III, LDC
Conpress Christchurch Pty Ltd
Conpress Finance BV	088 047 974
Conpress Holdings Pty Ltd Conpress International Finance
Conpress International (Netherlands Antilles) II NV
Conpress Mauritius Limited
Conpress Securities Pty Limited	160 602 853
Consolidated Custodians International Ltd
Consolidated Custodians Pty Ltd	008 394 492
Consolidated Gaming Pty Ltd	071 513 409
Consolidated Press (Finance) LLC
Consolidated Press (Finance) Pty Ltd	001 557 035
Consolidated Press (Finance) II Pty Ltd	603 295 834
Consolidated Press (Finance) III Pty Ltd	604 881 030
Consolidated Press Entertainment Pty Ltd	070 506 606
Consolidated Press Financial Services Pty Ltd	008 457 869
Consolidated Press Holdings (North America) LLC
Consolidated Press Holdings Pty Ltd	008 394 509
Consolidated Press International Limited
Consolidated Press International Holdings Limited
Consolidated Press Investments Pty Ltd	000 089 118
Consolidated Press Property Pty Ltd	004 160 703
Cairnton Holdings Bahamas Limited
C.P. International Investments Ltd

	AUSTRALIAN
PARTY/ENTITY NAME	COMPANY
CPH Barbuda Holdings Limited
CPH Capital Pty Ltd	096 130 899
CPH Crown Holdings Pty Limited	603 296 804
CPH Direct Investments Pty Ltd	122 328 652
CPH Gaming I Pty Limited	603 295 674
CPH Gaming II Pty Limited	603 295 923
CPH Gaming III Pty Limited	603 296 162
CPH Gaming IVA Pty Limited	603 296 537
CPH Gaming IVB Pty Limited	603 296 546
CPH (Ellerston Leisure) Holdings Pty Limited	608 726 334
CPH Property Pty Limited	000 031 747
CPH S.One Holdings Pty Limited	603 297 927
CPH S.One I Pty Limited	603 297 310
CPH Zhaopin Holdings Pty Limited	603 298 719
CPH Zhaopin Holdings I Pty Limited	603 298 344
CPH Zillow Holdings Pty Limited	603 300 090
CPH Zillow Holdings I Pty Limited	603 299 074
CPIL Two Limited
ECS Investment Partners Pty Ltd	166 264 375
Ellerstina Inversiones (Malaysia) Sdn Bhd
Ellerstina Inversiones SA
Ellerston Asian Emerging Opportunities Fund
Ellerston Australian Ex-Top 20 Fund
Ellerston Australian Small Companies Fund Ellerston Australian Share Fund
Ellerston Australian Market Neutral Fund
Ellerston Capital Limited	110 397 674
Ellerston Capital (Europe) Limited
Ellerston Capital (Hong Kong) Limited
Ellerston Capital (Resources No.1) Limited
Ellerston Global Equity Managers Offshore Fund
Ellerston Global Equity Managers Fund
Ellerston India Fund
Ellerston MicroCap Fund
Ellerston Opportunities Pty Ltd	150 851 666
Ellerston Overlay ASF
Ellerston Special Opportunities Platform
Hoyts Cinemas America Limited Hoyts Cinemas Argentina Limited
Hoyts Cinemas Chile Limited
Hoyts Cinemas Operations Pty Ltd	006 530 347
Hoyts Cinemas Overseas Holdings Sdn Bhd
Hoyts Cinemas Polska sp Zoo
Hoyts Emerging Territories Ltd
Hoyts Overseas Operations Sdn Bhd
HUSH Holdings Company Inc
HUSH Holding Subsidiary Inc
HUSH Holdings US Inc
Hyde Park Gardens (Jersey) Limited
Jaslib Pty Ltd	065 059 458
Jasopt Pty Ltd	065 064 164
Lutrust Pty Limited	088 937 428 137 556 524
Manoc Developments Pty Ltd MRED Holdings Limited
MRED Limited
Murray Leisure Group Pty Limited	000 090 273
Murray Publishers Pty Limited	000 067 998
Nicarby Pty Ltd	086 715 362
Northeast Cinemas, L.L.C.

	AUSTRALIAN
PARTY/ENTITY NAME	COMPANY
Northeast Cinemas (Connecticut) L.L.C.
Northeast Cinemas (Maryland) L.L.C.
Northkom Pty Ltd	082 885 961
Northkom I Pty Limited	604 022 899
Northkom Bahamas Limited
Nova One Limited
Occam Partners Fund LP
Ridgegate Proprietary Limited	058 139 923
Rosgrove Pty Limited	051 649 560
S.One Holding Company Pty Limited	601 640 215
Samenic Pty Limited	066 234 900
Savabow Pty Ltd	084 712 774
SBC Burlington Corp
ScrumPac Pty Ltd	602 375 253
Silthree Pty Ltd	084 494 575
Siltwo Pty Ltd	084 494 495
Silver City Cinemas, Inc.
Silver City Holdings, Inc.
Tastee Shears Holdings Pty Limited	627 444 464
Toranaga Pty Ltd	056 229 728
Toray Pty Ltd	002 348 503
West Buttermilk Holdings VIII LLC
Wilbur Holdings Limited
Wilbur One Limited
Western Empire Publications Ltd
Wooltech Pty Limited	010 717 441