IODM LIMITED — Major Shareholding Notification 2019

Jul 7, 2019

605 page 1 /2 15 July

Form605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme IODM Limited

ACN/ARSN 28 102 747 133

1. Details of substantial holder(1)

Name Dr Paul Kasian

ACN/ARSN (if applicable)

The holder ceased to be substantial holder on 05/07/2019 The previous notice was given to the company on 08/10/2018 The previous notice was dated 08/10/2018

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) I (n3votingsecuritiesof the companyor scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date ofchange	Person whoserelevant interestchanged	Nature ofchange (4)	Considerationgiven in relationto change (5)	Class(6)andnumber ofsecuritiesaffected	Person's votesaffected
05/07/2019	Yongala Investments PtyLtd<Yongala Family A/C>	Dilution due to issue ofequity securities	N/A	17,500,000fully paidordinary shares	17,500,000
05/07/2019	Yongala Investments Pty	Dilution due to issue of	N/A	8,750,000 fully	8,750,000
	Ltd	equity securities		paid ordinary
				shares

3. Changes in association

The persons who have become associates (3)of, ceased to be associates of, or have changed the nature of their associatiow ni (th7,)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 areas follows:

Name	Address
DR PAUL KASIAN	Unit 1, 19 Auburn Grove, East Hawthorn, Vic, 3123

Signature

print name DR PAUL KASIAN capacity DIRECTOR sign here date 8/7/19

605 page 2 /2 15 July

DIRECTIONS

• (1) 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 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 set out inparagraph4of the form.

• (2) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (3) See the definition of "associate" in section 9 of the Corporations Act 2001.

• (4) Include details of:

  • (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection(647)1aBpplies, 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 acnoyntract, 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, or influence the exercise of, the voting 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.

• (5) Details of the consideration must include any and all benefits ,money and other, that any person from whom a relevant interest as 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.

• (6) The voting shares of a company constitute one class unless divided into separate classes.

• (7) Give details, if appropriate, of the present association and any change in that association since the last substantial h