MEMPHASYS LIMITED. — Major Shareholding Notification 2017

Dec 28, 2017

603 page 1/2 15 July 2001

Form603

CorporationsAct 2001

Section 671B

Notice of initial substantial holder

To CompanyName/Scheme MEMPHASYS LIMITED 120 047 556 ACN/ARSN

1. Details of substantial holder (1)

Name ACN/ARSN (if applicable)

ALISON COUTTS

Theholder became a substantial holder on 28 / DECEMBER / 2017

2. Details of voting power

Thetotal number of votesattachedtoall thevotingsharesin thecompanyor votinginterests in thescheme that thesubstanti al holder or anassociate(2)hada relevant interest (3)inonthedate thesubstantial holder becameasubstantial holder areasfollows:

Classof securities(4) Number of securities Person's votes(5) Votingpower (6) Ordinary 884,883,248 884,883,248 19.89%

3. Details of relevant interests

Thenature of therelevant interest thesubstantial holder or anassociate hadin the followingvotingsecuritieson thedate t hesubstantial holder became a substantial holder areasfollows:

llows:
Holder of relevant interest	Nature of relevant interest (7)	Classandnumber of securities
Alison Coutts	Shareholder	Ordinary 880,895,648
Alison Coutts Consulting	Shareholder	Ordinary 3,787,600
Amelia Coutts	Shareholder	Ordinary 200,000

4. Details of present registered holders

Thepersonsregisteredasholders of thesecuritiesreferred to in paragraph3 aboveare as follows:

Holder of relevant interest	Registered holder ofsecurities	Personentitled to beregisteredasholder (8)	Classandnumberof securities
Alison Coutts	Alison Coutts	Alison Coutts	Ord;880,895,648
Alison Coutts Consulting	Alison CouttsConsulting	Alison CouttsConsulting	Ord;3,787,600
Amelia Coutts	Amelia Coutts	Amelia Coutts	Ord; 200,000

5. Consideration

Theconsiderationpaid for eachrelevant interest referred to in paragraph3 above, andacquired in the four monthsprior to th e daythat thesubstantial holder became a substantial holder isasfollows:

Holder of relevantinterest	Dateof acquisition	Consideration (9)	Consideration (9)	Classandnumberof securities
		Cash	Non-cash
Alison Coutts	28 / 12 / 2017	$0.001/share		Ord;880,895,040

603 page 2/2 15 July 2001

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----- Start of picture text ----- 6. AssociatesThereasonsthepersonsnamed in paragraph3 aboveare associatesof thesubstantial holder are as follows:Name andACN/ARSN (if applicable) Nature of associationAlison Coutts Consutling Director of private companyAmelia Coutts Daughter of Director7. AddressesTheaddressesof personsnamedin this formareasfollows:Name AddressAlison Coutts PO Box 2202, Homebush West NSW 2140Alison Coutts Consulting PO Box 2202, Homebush West NSW 2140Amelia Coutts PO Box 2202, Homebush West NSW 2140Signatureprint name Alison Coutts capacity Shareholdersign here date 28 / 12 / 2017DIRECTIONS(1) If thereareanumber of substantial holders withsimilaror relatedrelevant interests (eg. acorporationandits relatedc orporations, or the manager andtrusteeof anequity trust), thenamescouldbeincludedinanannexure to theform. If therelevant interestsof agroupof personsareess entiallysimilar, theymaybereferredtothroughout theformasaspecificallynamedgroupif themembershipof eachgroup, with thenames andaddressesof members is clearlyset out inparagraph7of theform.(2) See thedefinitionof "associate" in section9 of theCorporationsAct 2001.(3) See thedefinitionof "relevant interest" in sections608and671B(7)of theCorporationsAct 2001.(4) Thevotingsharesof acompanyconstituteoneclassunlessdividedintoseparateclasses.(5) Thetotal number of votesattachedtoall thevotingsharesin thecompanyor votinginterests in thescheme(if any)that t hepersonor anassociatehasa relevantinterest in.(6) Theperson'svotesdividedbythetotal votesin thebodycorporateor schememultipliedby100.(7) Includedetailsof:(a) anyrelevant agreement orother circumstancesbywhichtherelevant interest wasacquired. If subsection671B(4)applies, a copyof anydocument settingoutthe termsof anyrelevant agreement, anda statement by thepersongiving full andaccurate details of anycontract, scheme or arrangement, must accompanythis form, together witha writtenstatement certifyingthiscontract, schemeor arrangement; and(b) anyqualificationof thepower of apersontoexercise, control theexerciseof, or influencetheexerciseof, thevotingpo wersor disposal of thesecuritiestowhichtherelevant interest relates(indicatingclearly theparticular securitiestowhichthequalificationapplies).See thedefinitionof "relevant agreement" in section9 of theCorporationsAct 2001.(8) If thesubstantial holder isunable todeterminetheidentityof theperson(eg. if therelevant interest arisesbecauseof anoption)write "unknown".(9) Detailsof theconsiderationmust includeanyandall benefits,moneyandother, that anypersonfromwhoma relevant intere st wasacquiredhas, ormay, becomeentitledto receivein relationto that acquisition. Detailsmust beincludedevenif thebenefit isconditional onthehappen ingor not of acontingency. Detailsmust beincludedof anybenefit paidonbehalf of thesubstantial holder or itsassociate inrelationto theacquisitions, evenif they arenot paiddirectly to thepersonfromwhomtherelevant interest wasacquired.----- End of picture text -----

603GUIDE page1/1 13 March2000

GUIDE This guide does not form part of the prescribed form and is included by ASIC to assist you in completing and lodging form 603.

Signature

This form must be signed by either a director or a secretary of the substantial holder.

Lodgingperiod

LodgingFee

Otherformstobe completed

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Additionalinformation

• (a) If additional space is required to complete a question, the information may be included on a separate piece of paper annexed to the form.

• (b) This notice must be given to a listed company, or the responsible entity for a listed managed investment scheme. A copy of this notice must also be given to each relevant securities exchange.

• (c) The person must give a copy of this notice:

  • (i) within 2 business days after they become aware of the information; or

  • (ii) by 9.30 am on the next trading day of the relevant securities exchange after they become aware of the information if:

    • (A) a takeover bid is made for voting shares in the company or voting interests in the scheme; and

    • (B) the person becomes aware of the information during the bid period.

Annexures

To make any annexure conform to the regulations, you must

• 1 use A4 size paper of white or light pastel colour with a margin of at least 10mm on all sides

• 2 show the corporation name and ACN or ARBN

• 3 number the pages consecutively

• 4 print or type in BLOCK letters in dark blue or black ink so that the document is clearly legible when photocopied

• 5 identify the annexure with a mark such as A, B, C, etc

• 6 endorse the annexure with the words:

This is annexure (mark) of (number) pages referred to in form (form number and title)

• 7 sign and date the annexure

The annexure must be signed by the same person(s) who signed the form.

Informationinthisguideisintendedasaguideonly.Pleaseconsultyouraccountantorsolicitorforfurtheradvice.