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IVE GROUP LIMITED Major Shareholding Notification 2017

Feb 27, 2017

65109_rns_2017-02-27_804b22ce-f135-468c-af5b-9b47e8f138c9.pdf

Major Shareholding Notification

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ASX RELEASE – IVE GROUP LIMITED (ASX: IGL)

28 February 2017

Sell down of Shares – Caxton and Wolseley Private Equity

IVE Group Limited ( IVE ) advised that Caxton Print Holdings Pty Ltd as Trustee for the Selig Family Trust ( Caxton ) and Wolseley Private Equity have each advised the Company that they have sold down IVE shares as follows.

Wolseley Private Equity has sold all of its holding in IVE, being 16,879,304 shares (14.2% of IVE’s issued capital). Caxton has sold 4 million IVE shares, representing 28% of its shares and 3.4% of IVE’s issued share capital. The IVE shares have been sold at a price of $2.40 per share to a number of high quality institutional investors.

Once completed, Caxton will be the largest shareholder of IVE with 8.4% (10,066,329 shares) of the issued share capital. Of these shares 6,658,165 remain under voluntary escrow until the release of the FY17 full year results.

While Wolseley Private Equity will no longer be a shareholder, the Board is delighted that James Todd will remain on the Board as an independent non-executive director.

The sell down by Caxton and Wolseley Private Equity follows IVE posting a strong result for the first half FY17, released on 27 February 2017.

For further information contact:

Geoff Selig Chairman

+61 2 8089 8550