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ORIGIN ENERGY LIMITED Major Shareholding Notification 2017

Sep 14, 2017

65507_rns_2017-09-14_2c5dc42e-df15-4eb2-a776-1ecd8b12a824.pdf

Major Shareholding Notification

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605 page 1/2 15 July 2001

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme ORIGIN ENERGY LTD ACN/ARSN 000 051 696

1. Details of substantial holder(1)

Name BlackRock Group (BlackRock Inc. and subsidiaries named in Annexures

ACN/ARSN (if applicable) to this form)

The holder ceased to be a substantial holder on 13 / / 09 2017 The previous notice was given to the company on 07 / / 09 2017 The previous notice was dated 05 / / 09 2017

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) 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:

Date of
change
Person whose
relevant interest
changed
Nature of
change (4)
Consideration
given in relation
to change(5)
Class (6) and
number of
securities
affected
Person's votes
affected
Annexure A & C

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

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

4. Addresses

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

Name Address
Annexure B

Signature

print name
sign here
capacity
Maria Tricarico
*Authorised Signatory
date
/
/
15
09
2017

605 page 2/2 15 July 2001

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 4 of the form.

  • (2) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

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

(4) Include details of:

  • (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. 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.

  • (5) 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.

  • (6) The voting shares of a company constitute one class unless divided into separate classes.

  • (7) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

Annexure A

This is Annexure A of 1 pages referred to in form 605 Notice of ceasing to be a substantial shareholder

Maria Tricarico,

15-Sep-17 Date

Authorised Signatory

2. Changes in relevant interests

ORIGIN ENERGY LTD (ORG)
Date of
Change
Person whose relevant interest
changed
Nature of change
Consideration given in
change (5)
(4) /
relation to
CCY Class (6) and number of
securities affected
Person's
votes affected
06-Sep-17 BlackRock Investment Management on mkt buy 7.80 AUD ORD 47,442 47,442
(Australia)Limited
06-Sep-17 BlackRock Advisors(UK)Limited on mkt buy 7.75 AUD ORD 621 621
06-Sep-17 BlackRock Investment Management, on mkt buy 7.75 AUD ORD 4,597 4,597
LLC
06-Sep-17 BlackRock Fund Advisors in specie n/a AUD ORD 20,160 20,160
06-Sep-17 BlackRock Fund Advisors in specie n/a AUD ORD 23,571 23,571
06-Sep-17 BlackRock Japan Co.,Ltd. collateral transfer n/a AUD ORD -3,595 -3,595
07-Sep-17 BlackRock Advisors(UK)Limited on mkt buy 7.76 AUD ORD 3,105 3,105
07-Sep-17 BlackRock Investment Management on mkt buy 7.76 AUD ORD 17,939 17,939
(Australia)Limited
07-Sep-17 BlackRock Investment Management in specie n/a AUD ORD -3,526 -3,526
(UK)Limited
07-Sep-17 BlackRock Japan Co.,Ltd. collateral transfer n/a AUD ORD -20,556 -20,556
08-Sep-17 BlackRock Financial Management, on mkt sell 7.72 AUD ORD -169 -169
Inc.
08-Sep-17 BlackRock Advisors(UK)Limited on mkt buy 7.75 AUD ORD 7,164 7,164
08-Sep-17 BlackRock Advisors(UK)Limited on mkt buy 7.75 AUD ORD 3,684 3,684
08-Sep-17 BlackRock Advisors(UK)Limited on mkt buy 7.75 AUD ORD 4,298 4,298
08-Sep-17 BlackRock Fund Advisors in specie n/a AUD ORD 2,847 2,847
08-Sep-17 BlackRock Fund Advisors in specie n/a AUD ORD 47,040 47,040
08-Sep-17 BlackRock Fund Advisors in specie n/a AUD ORD 9,546 9,546
08-Sep-17 BlackRock Institutional Trust in specie n/a AUD ORD -47,731 -47,731
Company,National Association
08-Sep-17 BlackRock Japan Co.,Ltd. collateral transfer n/a AUD ORD -22,718 -22,718
11-Sep-17 BlackRock Institutional Trust on mkt sell 7.85 AUD ORD -6,618 -6,618
Company,National Association
11-Sep-17 BlackRock Asset Management on mkt buy 7.85 AUD ORD 1,196 1,196
Canada Limited
11-Sep-17 BlackRock Fund Advisors in specie n/a AUD ORD 11,150 11,150
11-Sep-17 BlackRock Japan Co.,Ltd. collateral transfer n/a AUD ORD -20,511 -20,511
12-Sep-17 BlackRock Financial Management, on mkt buy 7.77 AUD ORD 2,507 2,507
Inc.
12-Sep-17 BlackRock Institutional Trust on mkt sell 7.77 AUD ORD -7,953 -7,953
Company,National Association
12-Sep-17 BlackRock Investment Management on mkt buy 7.77 AUD ORD 696 696
(Australia)Limited
12-Sep-17 BlackRock Fund Advisors in specie n/a AUD ORD 20,160 20,160
12-Sep-17 BlackRock Fund Advisors in specie n/a AUD ORD -314 -314
12-Sep-17 BlackRock Japan Co.,Ltd. collateral transfer n/a AUD ORD 183,120 183,120
12-Sep-17 BlackRock Advisors(UK)Limited collateral transfer n/a AUD ORD 228,251 228,251
13-Sep-17 BlackRock Advisors(UK)Limited in specie n/a AUD ORD 17,950 17,950
13-Sep-17 BlackRock Investment Management on mkt buy 7.86 AUD ORD 13,993 13,993
(UK)Limited
13-Sep-17 BlackRock Advisors(UK)Limited on mkt buy 7.72 AUD ORD 914 914
13-Sep-17 BlackRock Japan Co.,Ltd. collateral transfer n/a AUD ORD -2,035,742 -2,035,742
13-Sep-17 BlackRock Advisors (UK) Limited collateral transfer n/a AUD ORD -228,251 -228,251

ORG

page 1 of 1

Annexure B

This is Annexure B of 1 pages referred to in form 605 Notice of ceasing to be a substantial shareholder

15-Sep-17 Maria Tricarico, Date Authorised Signatory

7. Addresses

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

Name Address
BlackRock Group
BlackRock Inc. 55 East 52nd Street
New York NY 10055 USA
BlackRock Advisors (UK) Limited 12 Throgmorton Avenue.
London, EC2N 2DL,
United Kingdom
BlackRock Asset Management Canada Limited 161 Bay Street, Suite 2500
Toronto, Ontario M5J 2S1
Canada
BlackRock Financial Management, Inc. 1209 Orange Street,
Wilmington, New Castle County,
Delaware 19801,United States
BlackRock Fund Advisors 400 Howard Street
San Francisco, CA, 94105
United States
BlackRock Institutional Trust Company, National 1225 17th Street,
Association Suite 300,
Denver,CO 80202(Colorado,USA)
BlackRock Investment Management (Australia) Limited Level 26, 101 Collins Street
Melbourne VIC 3000
Australia(Victoria,Australia)
BlackRock Investment Management (UK) Limited 12 Throgmorton Avenue
London EC2N 2DL
United Kingdom
BlackRock Investment Management, LLC 1209 Orange Street,
Wilmington, New Castle County,
Delaware 19801,United States
BlackRock Japan Co., Ltd. Marunouchi Trust Tower Main,
1-8-3 Marunouchi,
Chiyoda-ku,Tokyo 100-8217(Japan)

ORG

page 1 of 1

Annexure C

This is Annexure C of 1 page referred to in form 605 Notice of ceasing to be a substantial shareholder

15-Sept-17
Maria Tricarico, Authorised Signatory
Date
15-Sept-17
Maria Tricarico, Authorised Signatory
Date
Type of agreement: Global Master Securities Lending Agreement
Parties to agreement: Party A - Citigroup Global Markets Limited
Party B - HSBC Institutional Trust Services (Asia) Limited
Transfer date: Refer to Annexure A (transactions identified as collateral
transfers)
Holder of voting rights: BlackRock Asset Management North Asia Limited (as
investment manager for the funds)
Are there any restrictions on voting rights?
If yes, detail
Yes. Unless otherwise agreed between the parties, the
Registered Owner will not exercise any voting rights.
Scheduled return date (if any): Not applicable.
Does the borrower have the right to return
early?
If yes, detail
Yes.
Upon an Event of Default under the GMSLA, the GMSLA
provides, broadly, that both parties payment and delivery
obligations will be accelerated and replaced with an obligation of
one party to pay a single cash sum to the other determined in
accordance with the provisions of the GMSLA (as modified by
the Annex). The GMSLA provides that the parties’ right to
terminate the Agreement upon notice will not affect the parties’
existing obligations in respect of any outstanding loans of
securities. The Annex amended and restricted the Borrower's
termination rights – i.e. Borrower may not have the right to
terminate and return the borrowed securities - as the Borrower
was to borrow the securities issued by it (or its sister company)
to provide protection against the insolvency of the issuer and so
usual rights of termination in a GMSLA were restricted.
Subject to the terms of the relevant Loan, the Borrower, may
early terminate a Loan and return Equivalent Securities at any
time provided that it “shall cease to have such entitlement if an
Act of Insolvency with respect to any Security Issuer or any of
the Borrower’s or any Security Issuer’s affiliates has occurred,
or any such person takes any steps preparatory to any of the
matters which would constitute an Act of Insolvency
Does the lender have the right to recall early?
If yes, detail
Yes, at notice.
Will the securities be returned on settlement?
If yes, detail any exceptions
Yes.

A copy of this agreement will be provided to Origin Energy Ltd or the Australian Securities and Investments Commission upon request.

ORG Page 1 of 1