MGX RESOURCES LIMITED — Major Shareholding Notification 2018

Jul 10, 2018

603 Page 1 of 2 15 July 2001

Form 603

Corporations Act 2001

Section 671B

Notice of initial substantial holder

To Company Name/Scheme MOUNT GIBSON IRON LIMITED

ACN/ARSN 008 670 817

1. Details of substantial holder (1)

Pinnacle Investment Management Group Limited (and its subsidiaries Name listed in Annexure A

ACN/ARSN (if applicable) 100 325 184

The holder became a substantial holder on 06/07/2018

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)
ORDINARY FULLY PAID	55,583,831	55,583,831	5.07%

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
REFER TO ANNEXURE A PART 1 AND PART 2

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 asholder(8)	Class and number of securities
REFER TO ANNEXURE B

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)	Consideration (9)	Class and number of securities
		Cash	Non-cash
REFER TO ANNEXURE C

603 Page 2 of 2 15 July 2001

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
REFER TO ANNEXURE D

7. Addresses

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

Name	Address
REFER TO ANNEXURE E

Signature

ure
print name sign here	CALVIN KWOK capacity COMPANY SECRETARY
	date 10/07/2018

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.

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

• (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.

• (6) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (7) Include details of:

• (a) any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, 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 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.

• (8) If the substantial holder is unable to determine the identity of the person ( eg. if the relevant interest arises because of an option) write "unknown".

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

MOUNT GIBSON IRON LIMITED	MOUNT GIBSON IRON LIMITED	MOUNT GIBSON IRON LIMITED	MOUNT GIBSON IRON LIMITED	MOUNT GIBSON IRON LIMITED
Annexure A - Part 1
Holder of relevant interest	Nature of relevant interest	Number of securities	Class of securities
Pinnacle Investment Management Group Limited Pinnacle Investment Management Limited Ariano Pty Limited (ACN 605 250 799) Next Financial Limited (ACN 081 722 894) Next Financial Nominees Pty Ltd (ACN 093 252 576) Next Financial Nominees No. 2 Pty Ltd (ACN 132 819 115) Investment Solutions Client Services Pty Ltd (ACN 117 898 334) Priority Funds Management Pty Ltd (ACN 120 826 575) Priority Investment Management Pty Ltd (ACN 116 943 456 PNI Option Plan Managers Pty Ltd (ACN 125 030 766) Pinnacle RE Services Limited (ACN 130 508 379) Pinnacle Services Administration Pty Ltd (ACN 126 175 148) Pinnacle Investment Management (UK) Limited (Company Number 11026111) POSH Nominees Pty Limited (ACN 620 094 251)	Relevant interest by virtue of section 608(3) of the Corporations Act as it or its associates holds directly or indirectly above 20% voting power in one or more affiliated investment managers (see Annexure A – Part 2) and Pinnacle Fund Services Limited, who each in turn hold relevant interests in the securities the subject of this notice.	55,583,831	Ordinary fully paid
Pinnacle Fund Services Limited (ACN 082 494 362)	Relevant interest held through the power to control voting and/or disposal of securities in its capacity as responsible entity or trustee of registered or unregistered schemes and/or relevant interest by virtue of section 608(3) of the Corporations Act as it or its associates holds directly or indirectly above 20% voting power in one or more affiliated investment managers (see Annexure A – Part 2) who each in turn hold relevant interests in the securities the subject of this notice.	55,583,831	Ordinary fully paid

This is Annexure "A - Part 1" as mentioned in form 603 Notice of initial substantial holder

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Calvin Kwok Company Secretary Date: 10/07/2018

MOUNT GIBSON IRON LIMITED

Annexure A - Part 2

Affiliated Investment Managers Antipodes Partners Limited (ACN 602 042 035) Hyperion Asset Management Limited (ACN 080 135 897) Firetrail Investments Pty Ltd (ACN 622 377 913) Palisade Investment Partners Limited (ACN 124 326 361) Plato Investment Management Limited (ACN 120 730 136) Resolution Capital Limited (ACN 108 584 167) Solaris Investment Management Limited (ACN 128 512 621) Spheria Asset Management Pty Ltd (ACN 611 081 326) Two Trees Investment Management Pty Limited (ACN 616 424 170)

This is Annexure "A - Part 2" as mentioned in form 603 Notice of initial substantial holder

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Calvin Kwok Company Secretary Date: 10/07/2018

MOUNT GIBSON IRON LIMITED	MOUNT GIBSON IRON LIMITED	MOUNT GIBSON IRON LIMITED	MOUNT GIBSON IRON LIMITED	MOUNT GIBSON IRON LIMITED
Annexure B
Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder	Number of securities	Class of securities
Pinnacle Investment Management Group Limited (and its subsidiaries listedin AnnexureA)	NAB Custodial Services	NAB Custodial Services	7,351,537	Ordinary fully paid
Pinnacle Investment Management Group Limited (and its subsidiaries listedin AnnexureA)	JP Morgan Chase Bank	JP Morgan Chase Bank	12,718,921	Ordinary fully paid
Pinnacle Investment Management Group Limited (and its subsidiaries listedin AnnexureA)	Citibank	Citibank	4,596,037	Ordinary fully paid
Pinnacle Investment Management Group Limited (and its subsidiaries listedin AnnexureA)	RBC Investor Services Trust	RBC Investor Services Trust	30,917,336	Ordinary fully paid

This is Annexure "B" of 1 page as mentioned in form 603 Notice of initial substantial holder

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Calvin Kwok Company Secretary Date: 10/07/2018

MOUNT GIBSON IRON LIMITED	MOUNT GIBSON IRON LIMITED	MOUNT GIBSON IRON LIMITED	MOUNT GIBSON IRON LIMITED	MOUNT GIBSON IRON LIMITED	MOUNT GIBSON IRON LIMITED
Annexure C
Holder of relevant interest	Trade Date	Consideration		Number of securities	Class of Securities
		Cash	Non-cash
Pinnacle Investment Management Group Limited (and its subsidiaries listed in Annexure A)	14/03/2018	184,478.11 $		494,971	ORDINARY FULLY PAID
As above	14/03/2018	127,906.72 $		343,185	ORDINARY FULLY PAID
As above	15/03/2018	338,611.47 $		895,015	ORDINARY FULLY PAID
As above	15/03/2018	234,774.51 $		620,554	ORDINARY FULLY PAID
As above	15/03/2018	87,312.83 $		230,594	ORDINARY FULLY PAID
As above	15/03/2018	60,537.85 $		159,881	ORDINARY FULLY PAID
As above	16/03/2018	32,496.08 $		85,469	ORDINARY FULLY PAID
As above	16/03/2018	46,868.36 $		123,270	ORDINARY FULLY PAID
As above	19/03/2018	35,602.96 $		93,641	ORDINARY FULLY PAID
As above	19/03/2018	24,685.32 $		64,926	ORDINARY FULLY PAID
As above	20/03/2018	68,470.13 $		180,205	ORDINARY FULLY PAID
As above	20/03/2018	47,473.70 $		124,945	ORDINARY FULLY PAID
As above	23/03/2018	83,133.03 $		222,686	ORDINARY FULLY PAID
As above	23/03/2018	57,639.79 $		154,398	ORDINARY FULLY PAID
As above	26/03/2018	263,091.01 $		719,215	ORDINARY FULLY PAID
As above	26/03/2018	182,412.78 $		498,664	ORDINARY FULLY PAID
As above	27/03/2018	13,759.20 $		36,576	ORDINARY FULLY PAID
As above	27/03/2018	117,684.87 $		317,369	ORDINARY FULLY PAID
As above	27/03/2018	70,217.15 $		186,658	ORDINARY FULLY PAID
As above	27/03/2018	68,419.76 $		181,880	ORDINARY FULLY PAID
As above	27/03/2018	64,372.81 $		171,122	ORDINARY FULLY PAID
As above	27/03/2018	600,583.33 $		1,619,635	ORDINARY FULLY PAID
As above	27/03/2018	585,207.54 $		1,578,170	ORDINARY FULLY PAID
As above	27/03/2018	550,594.27 $		1,484,826	ORDINARY FULLY PAID
As above	28/03/2018	22,952.90 $		60,768	ORDINARY FULLY PAID
As above	28/03/2018	117,136.55 $		310,120	ORDINARY FULLY PAID
As above	28/03/2018	114,137.50 $		302,180	ORDINARY FULLY PAID
As above	28/03/2018	107,386.63 $		284,307	ORDINARY FULLY PAID
As above	29/03/2018	18,888.35 $		49,705	ORDINARY FULLY PAID
As above	29/03/2018	13,233.82 $		34,825	ORDINARY FULLY PAID
As above	29/03/2018	65,806.56 $		173,171	ORDINARY FULLY PAID
As above	29/03/2018	61,914.14 $		162,928	ORDINARY FULLY PAID
As above	3/04/2018	2,493.73 $		6,725	ORDINARY FULLY PAID
As above	3/04/2018	2,346.51 $		6,328	ORDINARY FULLY PAID
As above	3/04/2018	501.34 $		1,352	ORDINARY FULLY PAID
As above	4/04/2018	353,610.80 $		904,704	ORDINARY FULLY PAID
As above	4/04/2018	24,809.62 $		63,755	ORDINARY FULLY PAID
As above	4/04/2018	205,862.95 $		526,695	ORDINARY FULLY PAID
As above	4/04/2018	116,071.87 $		298,278	ORDINARY FULLY PAID
As above	4/04/2018	75,581.38 $		193,373	ORDINARY FULLY PAID
As above	4/04/2018	67,573.76 $		173,649	ORDINARY FULLY PAID
As above	6/04/2018	345,410.20 $		873,160	ORDINARY FULLY PAID
As above	6/04/2018	1,790.69 $		4,589	ORDINARY FULLY PAID
As above	6/04/2018	10,112.88 $		25,737	ORDINARY FULLY PAID
As above	6/04/2018	8,378.69 $		21,472	ORDINARY FULLY PAID
As above	6/04/2018	73,829.07 $		186,632	ORDINARY FULLY PAID
As above	6/04/2018	47,314.49 $		120,414	ORDINARY FULLY PAID
As above	12/04/2018	1,372.12 $		3,468	ORDINARY FULLY PAID
As above	12/04/2018	6,419.84 $		16,226	ORDINARY FULLY PAID
As above	30/05/2018	36,063.61 $		87,235	ORDINARY FULLY PAID
As above	30/05/2018	15,585.87 $		37,701	ORDINARY FULLY PAID
As above	30/05/2018	145,621.55 $		352,247	ORDINARY FULLY PAID
As above	30/05/2018	121,278.79 $		293,844	ORDINARY FULLY PAID
As above	30/05/2018	52,414.06 $		126,993	ORDINARY FULLY PAID
As above	30/05/2018	489,710.09 $		1,186,509	ORDINARY FULLY PAID
As above	15/06/2018	39,534.44 -$		88,048 -	ORDINARY FULLY PAID
As above	15/06/2018	73,204.69 -$		162,135 -	ORDINARY FULLY PAID

As above	15/06/2018	53,437.09 -$		118,158 -	ORDINARY FULLY PAID
As above	26/06/2018	1,007,297.91 $		2,284,288	ORDINARY FULLY PAID
As above	6/07/2018	187,607.09 $		446,438	ORDINARY FULLY PAID
As above	6/07/2018	137,228.54 $		326,555	ORDINARY FULLY PAID
As above	9/07/2018	37,335.07 $		88,562	ORDINARY FULLY PAID

This is Annexure "C" as mentioned in form 603 Notice of initial substantial holder

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Calvin Kwok Company Secretary Date: 10/07/2018

MOUNT GIBSON IRON LIMITED Annexure D	MOUNT GIBSON IRON LIMITED Annexure D	MOUNT GIBSON IRON LIMITED Annexure D
Name	ACN	Nature of Association
Pinnacle Investment Management GroupLimited	100 325 184	Related body corporate of each other entity listed in AnnexureD.
Pinnacle Investment Management Limited	109 659 109	Related body corporate of each other entity listed in AnnexureD.
Pinnacle Fund Services Limited	082 494 362	Related body corporate of each other entity listed in AnnexureD.
Ariano Pty Limited	605 250 799	Related body corporate of each other entity listed in AnnexureD.
Next Financial Limited	081 722 894	Related body corporate of each other entity listed in AnnexureD.
Next Financial Nominees Pty Ltd	093 252 576	Related body corporate of each other entity listed in AnnexureD.
Next Financial Nominees No. 2 Pty Ltd	132 819 115	Related body corporate of each other entity listed in AnnexureD.
Investment Solutions Client ServicesPtyLtd	117 898 334	Related body corporate of each other entity listed in AnnexureD.
Priority Funds Management Pty Ltd	120 826 575	Related body corporate of each other entity listed in AnnexureD.
Priority Investment Management Pty Ltd	116 943 456	Related body corporate of each other entity listed in AnnexureD.
PNI Option Plan Managers Pty Ltd	116 943 456	Related body corporate of each other entity listed in AnnexureD.
Pinnacle RE Services Limited	130 508 379	Related body corporate of each other entity listed in AnnexureD.
Pinnacle Services Administration PtyLtd	126 175 148	Related body corporate of each other entity listed in AnnexureD.
Pinnacle Investment Management (UK) Limited	Company Number 11026111	Related body corporate of each other entity listed in Annexure D.
POSH Nominees Pty Limited	620 094 251	Related body corporate of each other entity listed in AnnexureD.

This is Annexure "D" as mentioned in form 603 Notice of initial substantial holder

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Calvin Kwok Company Secretary Date: 10/07/2018

MOUNT GIBSON IRON LIMITED Annexure E	MOUNT GIBSON IRON LIMITED Annexure E
Name	Address
Pinnacle Investment Management GroupLimited	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Pinnacle Fund Services Limited	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Pinnacle Investment Management Limited	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Pinnacle Investment Management GroupLimited	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Pinnacle Investment Management Limited	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Pinnacle Fund Services Limited	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Ariano PtyLimited	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Next Financial Limited	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Next Financial Nominees PtyLtd	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Next Financial Nominees No. 2 PtyLtd	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Investment Solutions Client Services PtyLtd	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
PriorityFunds Management PtyLtd	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
PriorityInvestment Management PtyLtd	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
PNI Option Plan Managers PtyLtd	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Pinnacle Investment Management (UK) Limited	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Pinnacle RE Services Limited	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Pinnacle Services Administration PtyLtd	Level 19, 307 Queen St, Brisbane QLD 4000, Australia
POSH Nominees PtyLimited	Level 19, 307 Queen St, Brisbane QLD 4000, Australia

This is Annexure "E" as mentioned in form 603 Notice of initial substantial holder

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Calvin Kwok Company Secretary Date: 10/07/2018