MICRO-X LIMITED — Major Shareholding Notification 2022

Nov 16, 2022

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

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|---|---|---|---|
|To Company Name/Scheme|Micro-X Ltd|
|ACN/ARSN:|21 153 273 735|Source:|Australian Business Register|
|1. Details of substantial holder (1)|
|Name:|Perennial Value Management Limited (PVM)|
|ACN/ARSN (if applicable)|22 090 879 904|
|There was a change in the interest of the substantial holder on|16 November 2022|
|The previous notice was given to the company on|25 November 2021|
|The previous notice was dated|24 November 2021|

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2. Previous and present 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 relavant interest (3) in when last required, and when now required to give a substantial holding notice to the company or scheme, are as follows:

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Class of securities (4) Previous notice Present notice
Person's votes Voting Power (%) (5) Person's votes Voting Power (%) (5)
Ordinary 67,472,215 14.66 54,653,635 11.25
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3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

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|---|---|---|---|---|---|---|
|Date of change|Person whose relevant|Nature of change (6)|Consideration given in|Class & number of|Person's votes affected|
|interest changed|relation to change (7)|securities affected|
|25/11/2021|[National Asset Servicing]|Buy on the Market|$ 107,776.09|358,465|358,465|
|25/11/2021|[National Asset Servicing]|Buy on the Market|$ 320,033.33|1,064,436|1,064,436|
|26/11/2021|[National Asset Servicing]|Buy on the Market|$|37,182.49|121,883|121,883|
|7/12/2021|[BNP Paribas Securities ]|Sell on the Market|$ 953,792.87|3,448,275|3,448,275|
|Services|
|7/12/2021|[Northern Trust]|Buy on the Market|$ 953,792.87|3,448,275|3,448,275|
|23/12/2021|[National Asset Servicing]|Buy on the Market|$|24,358.03|91,744|91,744|
|23/12/2021|[National Asset Servicing]|Sell on the Market|$|24,358.03|91,744|91,744|
|14/02/2022|[BNP Paribas Securities ]|Sell on the Market|$ 23,358.27|103,127|103,127|
|Services|
|14/02/2022|[National Asset Servicing]|Buy on the Market|$|23,358.27|103,127|103,127|
|15/02/2022|[BNP Paribas Securities ]|Sell on the Market|$ 24,440.61|110,591|110,591|
|Services|
|15/02/2022|[National Asset Servicing]|Buy on the Market|$|24,440.61|110,591|110,591|
|18/02/2022|[BNP Paribas Securities ]|Sell on the Market|$ 58,326.91|270,533|270,533|
|Services|
|18/02/2022|[National Asset Servicing]|Buy on the Market|$ 3,850.83|17,861|17,861|
|18/02/2022|[National Asset Servicing]|Buy on the Market|$|41,833.51|194,033|194,033|
|18/02/2022|[Northern Trust]|Buy on the Market|$|12,642.57|58,639|58,639|
|21/02/2022|[BNP Paribas Securities ]|Sell on the Market|$ 55,836.00|270,000|270,000|
|Services|
|21/02/2022|[National Asset Servicing]|Buy on the Market|$ 3,686.21|17,825|17,825|
|21/02/2022|[National Asset Servicing]|Buy on the Market|$|40,047.03|193,651|193,651|
|21/02/2022|[Northern Trust]|Buy on the Market|$|12,102.76|58,524|58,524|
|22/02/2022|[BNP Paribas Securities ]|Sell on the Market|$ 22,798.24|114,564|114,564|
|Services|
|22/02/2022|[National Asset Servicing]|Buy on the Market|$|22,798.24|114,564|114,564|
|23/02/2022|[BNP Paribas Securities ]|Sell on the Market|$ 311,982.65|1,571,701|1,571,701|
|Services|
|23/02/2022|[National Asset Servicing]|Buy on the Market|$|83,042.67|418,351|418,351|
|23/02/2022|[National Asset Servicing]|Buy on the Market|$ 156,465.84|788,241|788,241|
|23/02/2022|[Northern Trust]|Buy on the Market|$|72,474.14|365,109|365,109|
|3/03/2022|[BNP Paribas Securities ]|Sell on the Market|$ 6,756.50|38,573|38,573|
|Services|
|4/03/2022|[BNP Paribas Securities ]|Sell on the Market|$ 7,773.88|44,432|44,432|
|Services|
|11/03/2022|[BNP Paribas Securities ]|Sell on the Market|$ 1,224.72|7,000|7,000|
|Services|
|14/03/2022|[BNP Paribas Securities ]|Sell on the Market|$ 998.78|5,550|5,550|
|Services|
|25/03/2022|[BNP Paribas Securities ]|Sell on the Market|$ 50,466.89|252,390|252,390|
|Services|
|28/03/2022|[BNP Paribas Securities ]|Sell on the Market|$ 19,995.60|100,000|100,000|
|Services|
|12/04/2022|[BNP Paribas Securities ]|Sell on the Market|$ 61,811.71|252,376|252,376|
|Services|
|26/04/2022|[BNP Paribas Securities ]|Buy on the Market|$ 18,132.24|92,877|92,877|
|Services|
|26/04/2022|[National Asset Servicing]|Buy on the Market|$|14,855.07|74,259|74,259|

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28/04/2022 [BNP Paribas Securities ] Buy on the Market $ 52,906.22 267,834 267,834
Services
29/04/2022 [BNP Paribas Securities ] Buy on the Market $ 33,948.01 170,128 170,128
Services
2/05/2022 [BNP Paribas Securities ] Buy on the Market $ 7,616.72 40,000 40,000
Services
3/05/2022 [BNP Paribas Securities ] Buy on the Market $ 7,788.30 40,982 40,982
Services
6/05/2022 [National Asset Servicing] Buy on the Market $ 6,682.24 36,756 36,756
6/05/2022 [National Asset Servicing] Buy on the Market $ 51,107.07 281,117 281,117
6/05/2022 [National Asset Servicing] Sell on the Market $ 57,789.31 317,873 317,873
10/05/2022 [BNP Paribas Securities ] Sell on the Market $ 52,366.34 315,650 315,650
Services
10/05/2022 [National Asset Servicing] Buy on the Market $ 52,366.34 315,650 315,650
17/05/2022 [Citicorp Nominees Pty Limited] Buy on the Market $ 1,747,039.18 10,034,688 10,034,688
17/05/2022 [National Asset Servicing] Sell on the Market $ 139,337.45 800,330 800,330
17/05/2022 [National Asset Servicing] Sell on the Market $ 463,304.65 2,661,141 2,661,141
17/05/2022 [National Asset Servicing] Sell on the Market $ 1,144,397.08 6,573,217 6,573,217
20/05/2022 [National Asset Servicing] Buy on the Market $ 2,193.71 12,517 12,517
20/05/2022 [National Asset Servicing] Buy on the Market $ 8,644.77 49,326 49,326
20/05/2022 [Northern Trust] Buy on the Market $ 5,661.71 32,305 32,305
23/05/2022 [National Asset Servicing] Buy on the Market $ 2,067.39 11,803 11,803
23/05/2022 [National Asset Servicing] Buy on the Market $ 8,147.11 46,513 46,513
23/05/2022 [Northern Trust] Buy on the Market $ 5,335.66 30,462 30,462
25/05/2022 [BNP Paribas Securities ] Sell on the Market $ 240,214.29 1,458,496 1,458,496
Services
25/05/2022 [Citicorp Nominees Pty Limited] Buy on the Market $ 619,024.29 3,758,496 3,758,496
25/05/2022 [National Asset Servicing] Sell on the Market $ 378,810.00 2,300,000 2,300,000
31/05/2022 [Citicorp Nominees Pty Limited] Buy on the Market $ 4,867.07 30,000 30,000
14/06/2022 [BNP Paribas Securities ] Sell on the Market $ 499.85 3,448 3,448
Services
29/06/2022 [BNP Paribas Securities ] Sell on the Market $ 252,876.53 2,181,851 2,181,851
Services
29/06/2022 [National Asset Servicing] Buy on the Market $ 252,876.53 2,181,851 2,181,851
5/07/2022 [National Asset Servicing] Sell on the Market $ 12,597.23 90,000 90,000
6/07/2022 [National Asset Servicing] Sell on the Market $ 2,899.36 20,000 20,000
15/07/2022 [National Asset Servicing] Sell on the Market $ 2,778.32 18,428 18,428
15/07/2022 [National Asset Servicing] Sell on the Market $ 4,734.24 31,572 31,572
21/07/2022 [National Asset Servicing] Sell on the Market $ 22,495.05 150,000 150,000
1/08/2022 [National Asset Servicing] Sell on the Market $ 7,248.40 50,000 50,000
15/08/2022 [National Asset Servicing] Sell on the Market $ 7,198.42 50,000 50,000
16/08/2022 [National Asset Servicing] Sell on the Market $ 10,497.69 70,000 70,000
17/08/2022 [National Asset Servicing] Sell on the Market $ 555.58 3,708 3,708
19/08/2022 [National Asset Servicing] Sell on the Market $ 3,939.47 26,292 26,292
26/08/2022 [Citicorp Nominees Pty Limited] Buy on the Market $ 2,700.59 20,000 20,000
12/09/2022 [National Asset Servicing] Buy on the Market $ 10,365.65 76,614 76,614
12/09/2022 [National Asset Servicing] Buy on the Market $ 18,934.28 139,946 139,946
12/09/2022 [National Asset Servicing] Buy on the Market $ 3,265.94 24,139 24,139
19/09/2022 [Citicorp Nominees Pty Limited] Sell on the Market $ 1,178.20 6,547 6,547
20/09/2022 [National Asset Servicing] Buy on the Market $ 11,703.88 70,917 70,917
20/09/2022 [National Asset Servicing] Buy on the Market $ 1,627.76 9,863 9,863
21/09/2022 [National Asset Servicing] Buy on the Market $ 8,429.24 51,075 51,075
21/09/2022 [National Asset Servicing] Buy on the Market $ 1,172.25 7,103 7,103
11/10/2022 [Citicorp Nominees Pty Limited] Buy on the Market $ 94,290.00 700,000 700,000
11/10/2022 [National Asset Servicing] Sell on the Market $ 16,191.88 120,207 120,207
11/10/2022 [National Asset Servicing] Sell on the Market $ 67,884.49 503,968 503,968
11/10/2022 [National Asset Servicing] Sell on the Market $ 10,213.63 75,825 75,825
25/10/2022 [Citicorp Nominees Pty Limited] Buy on the Market $ 3,253.04 23,185 23,185
26/10/2022 [Citicorp Nominees Pty Limited] Buy on the Market $ 674.24 4,815 4,815
26/10/2022 [National Asset Servicing] Buy on the Market $ 20,585.43 146,716 146,716
27/10/2022 [National Asset Servicing] Buy on the Market $ 64,530.54 465,574 465,574
7/11/2022 [National Asset Servicing] Sell on the Market $ 26,990.68 192,833 192,833
8/11/2022 [National Asset Servicing] Sell on the Market $ 9,923.96 76,355 76,355
8/11/2022 [National Asset Servicing] Sell on the Market $ 34,139.46 262,669 262,669
8/11/2022 [National Asset Servicing] Sell on the Market $ 20,922.27 160,976 160,976
9/11/2022 [National Asset Servicing] Sell on the Market $ 1,411.62 10,861 10,861
9/11/2022 [National Asset Servicing] Sell on the Market $ 4,855.99 37,362 37,362
9/11/2022 [National Asset Servicing] Sell on the Market $ 2,975.95 22,897 22,897
11/11/2022 [Citicorp Nominees Pty Limited] Buy on the Market $ 540.12 4,000 4,000
14/11/2022 [National Asset Servicing] Sell on the Market $ 33,092.84 253,059 253,059
14/11/2022 [National Asset Servicing] Sell on the Market $ 10,012.24 76,563 76,563
14/11/2022 [National Asset Servicing] Sell on the Market $ 44,779.46 342,426 342,426
16/11/2022 [National Asset Servicing] Sell on the Market $ 198,334.79 1,529,016 1,529,016
16/11/2022 [National Asset Servicing] Sell on the Market $ 913,033.50 7,038,820 7,038,820
16/11/2022 [National Asset Servicing] Sell on the Market $ 659,227.82 5,082,164 5,082,164
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4. Present Relevant Interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of	Person entitled to be	Nature of relevant	Nature of relevant	Class & number of	Class & number of	Person's votes	Person's votes
	securities	registered as holder (8)	interest (6)		securities (Ord)
Perennial Value Management Limited	National Asset Servicing	National Asset Servicing		36,091,684		36,091,684		36,091,684
Perennial Value Management	Northern Trust	Northern Trust		3,993,314		3,993,314			3,993,314
Limited
Perennial Value Management Limited	Citicorp Nominees Pty Limited	Citicorp Nominees Pty Limited		14,568,637		14,568,637		14,568,637

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name & ACN	Nature of association
Not applicable

6. Addresses

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

Name	Address
Perennial Value Management Ltd	Level 27, 88 Phillip St Sydney NSW 2000
Micro-X Ltd	Micro-X Ltd1 Dalmore Drive, Scoresby, Vic
Signature Print Name	Bill Anastasopoulos Capacity	Company Secretary
Sign Here	Date	17/11/2022

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