MGX RESOURCES LIMITED — Major Shareholding Notification 2018

Oct 16, 2018

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme	Mount Gibson Iron Limited (ASX:MGX)
ACN/ARSN
1. Details of substantial holder (1)
Name	PARADICE INVESTMENT MANAGEMENT PTY LTD
ACN/ARSN (if applicable)	ABN 64 090 148 619

The holder became a substantial holder on $15/10/2018$

2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)	Number of securities	Person's votes (5)	Voting power (6)
FPO	57,854,005	57,854,005	5.127%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
SEE ANNEXURE 1

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Class and number of securities
SEE ANNEXURE 1

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	Consideration (9)		Class and number of securities
		Cash	Non-cash

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable)	Nature of association

7. Addresses

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

Name	Address
PARADICE INVESTMENT MGT	L27, CHIFLEY TOWER, 2 CHIFLEY SQUARE, SYDNEY NSW 2000

Signature

print name	TROY ANGUS	capacity	DIRECTOR
sign here	COMMUNICATION CONTINUES IN A REPORT OF THE CONTINUES OF A REPORT OF A REPORT OF A REPORT OF A REPORT OF A REPORT OF A REPORT OF A REPORT OF A REPORT OF A REPORT OF A REPORT OF A REPORT OF A REPORT OF A REPORT OF A REPORT	date	17/10/2018
	the contract of the contract of the contract of the contract of the contract of the contract of the contract of the contract of the contract of the contract of the contract of the contract of the contract of the contract o

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 is clearly set out in paragraph 7 of the form.
• See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$
• $(3)$ See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
• $(4)$ The voting shares of a company constitute one class unless divided into separate classes.
• $(5)$ The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(6)$
• Include details of: $(7)$
• any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of $(a)$ 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
• $(b)$ any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers 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.

• If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write $(8)$ "unknown".
• Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was $(9)$ 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.

BECOMING A SUBSTANTIAL SHAREHOLDER

ANNEXURE 1

STOCK: Mount Gibson Iron Limited

DETAILS OF RELEVANT INTERESTS

ŀ

Nature of Relevant Interest	Class & Number of Securities
investment managers or advisers Power to lor to control) exercise superannuation trsuts, managed vote and/or dispose of the securities as discretionary nvestment management investment schemes and agreements	of superannuation funds, pooled 57,854,005 Fully Paid Ordinary

		Person entitled to be registered as		Class & No of Persons
lolder of Relevant Interest	Registered Holder of Securities	holder	Nature of Relevant Interest	Securities	Votes
Pty Ltd aradice investment Management	National Nominees Ltd	National Nominees Ltd	Investment Manager	10,142,081	10,142,081
DIVITO aradice Investment Management	Citicorp Nominees Ltd	Citicorp Nominees Ltd	investment Manager	11, 122, 249	11,122,249
PITA aradice Investment Management	IHSBC Nominees Aust Ltd	HSBC Nominees Aust Ltd	investment Manager	25,660,856.00	25,660,856
pty Ltd aradice Investment Management	JP Morgan Nominees Aust Ltd	JP Morgan Nominees Aust Ltd Investment Manager		10,928,819	10,928,819
			TOTAL	57,854,005	57,854,005

CONSIDERATION

Holder of Relevant Interest	ransaction Date	Consideration		Class & No of Securities
Paradice Investment Management Pty Ltd		16/07/20181-5	2.154.29	5,127
Paradice Investment Management Pty Ltd		19/07/20181-5	1.459.72	$\frac{3.474}{ }$
Paradice Investment Management Pty Ltd		1/08/2018	65.247.43	151,805
Paradice Investment Management Pty Ltd		6/08/2018	4.206.99	9,788
Paradice Investment Management Pty Ltd		9/08/2018	67.595.40	151,524
Paradice Investment Management Pty Ltd		21/08/20181-S	559.973.91	1,116.903
Paradice Investment Management Pty Ltd		22/08/2018 - 5	589.007.25	1,212,894
Paradice Investment Management Pty Ltd		23/08/2018-5	284.360.22	567,173
Paradice Investment Management Pty Ltd		24/08/2018-S	598.446.29	,183,693
Paradice Investment Management Pty Ltd		30/08/2018-5	319.465.70	637,830
Paradice Investment Management Pty Ltd		31/08/2018-5	91.369.18	183,822
Paradice Investment Management Pty Ltd		3/09/2018 - - - 5	146.664.84	294,416
Paradice Investment Management Pty Ltd		4/09/2018 - - - - - - - - - - - - - - - - - - -	101.176.8	202,185
Paradice Investment Management Pty Ltd		5/09/20181-5	197,815.85	392,280
Paradice Investment Management Pty Ltd		6/09/20181-S	19.846.65	39,283
Paradice Investment Management Pty Ltd		2-18122018	25.636.98	51,829
Paradice Investment Management Pty Ltd		10/09/20181-5	22.624.06	45,370
Paradice Investment Management Pty Ltd		11/09/2018 - 5	195.242.14	391,536
Paradice Investment Management Pty Ltd		12/09/2018 - - - 5	208.126.57	419.229
Paradice Investment Management Pty Ltd		13/09/2018 - - - - - - - - - - - - - - - - - - -	80,444.19	162.894
Paradice Investment Management Pty Ltd		21/09/2018	3.014.19	6.416
Paradice Investment Management Pty Ltd		15/10/2018 - 5	1,471,096.08	3,039,451
			\$4,774,846.72	9,629,856.00

This is annexure 1 of 1 pages referred to in form 603 Notice of Initial Substantial Holder

$\frac{17/10/2018}{\text{DATA}}$ TROTAINSIST

DIRECTOR
CAPACITY