PERSEUS MINING LIMITED — Major Shareholding Notification 2016

Jul 4, 2016

Form 603

Corporations Act 200t Section 6718

Notice of initial substantial holder

To Company Name/Scheme	PERSEUS MINING LIMITED
ACN/ARSN
1. Details of substantialholder (1)
Name	PAMDICE INVESTMENT MANAGEMENT PTY LTD
ACN/ARSN (if applicable)

The holder became a substantial holder on

01 ta7 / 16

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 ofsecurities (4)	Number of securities	Person's votes (5)	Voting power (6)
FPO	59,207,159	59,207,159	5.89%

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 0f relevant interest (7)	Class and number of securities
See Annexure 1

4. lletails of presefi registercd holders

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

Holder of relevantinterest	Registered holder ofsecurities	Person entitled to beregistered as holder (8)	Class and numberof securities
See Annexure 1

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four m0nths prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevantinterest	Date of acquisition	Consideration (9)		Class and numberof securities
		UAST	r\on-casn
5ee Annexure 1

6. Associates

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

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

7. Addresses

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

Name	Address
Paradice lnvestment Mgt	L12. 139 Macquarie Street. SYDNEY NSW 2000
Pty Ltd

Signature ,k TER MANLEY print name PE capacity COMPANY SECRETARY sign here O5r 07 t16

DIRECTIONS

• (1) lfthereareanumberofsubstantialholderswithsimilarorrelatedrelevantinterests(eg.acorporationanditsrelatedcorporations,orthe managerandtrusteeofan equitytrusO,thenamescouldir€includedinanannexurelotheform. lftherelevantinterestsofagroupofpersonsareessentrallysimilar,theymaybereferredt0 throughout the form as a specifically named group if the membership 0f each group, with the names and addresses of members is clearly set out in paragraph 7 of the form.
• Q) See the definition of "associate" in section I of the Corporations Act 2001 .
• (3) See the definition of',relevant interest" in sectrons 608 and 6718(7) ofthe Corporations Act 2001.
• (4) The voting shares of a company constitute one class unless divided into separate classes.
• 1. 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)
• lnclude details of: 0)
  • (a) any relevant agreement or other circumstances by which the relevant interest was acquired. lf subsection 67] B(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) anyquailficationofthepowerofapersontoexercise,conlroltheexerciseof,0rinfluencetheexercise0f,thevotrngpowersor disposalofthesecuritiesto 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.

• lf the substantial hoider is unable to determine the identity of the person ( eg. if the relevant rnterest arises because of an option) write "unknown".
• Details of the consideration must include any and all benefits, money and other, that any person fr0m whom a relevant interest was acquired has, or may, become entitledtoreceiveinrelationtothatacquisition. Detailsmustbeincludedevenifthebenefitisconditional onthehappeningornotofaconlingency. Detailsmustbe rncluded 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 tnterest was acqurre0. (s)

BECOMING A SUBSTANTIAL SHAREHOLDER

ANNEXURE 1

STOCK: PERSEUS MINING LIMITED

DETAILS OF RELEVANT INTERESTS

Holder of Relevant Interest	Nature of Relevant Interest	Class & Number of Securities
	Power to (or to control) exercise vote
	and/or dispose of the securities as
Paradice Investment Management Pty Ltd	discretionary investment managers or [59,207,159 Fully Paid Ordinary Shares
	advisers of superannuation funds,
	pooled superannuation trsuts,
	managed investment schemes and
	investment management agreements

Holder of Relevant Interest	f SecuritiesRegistered Holder o	Person entitled to be registered as Nature of Relevant Class & No ofholder	Interest	Securities	Persons Votes
Paradice Investment Management Pty Ltd	National Nominees Ltd	National Nominees Ltd	Investment Manager	12,036,290	12,036,290
Paradice Investment Management Pty Ltd	Aust LtdJP Morgan Nominees	JP Morgan Nominees Aust Ltd	nvestment Manager	10,908,299	10,908,299
Paradice Investment Management Pty Ltd	HSBC Nominees Aust Ltd	HSBC Nominees Aust Ltd	Investment Manager	26,395,191	26,395,191
Paradice Investment Management Pty Ltd	Citicorp Nominees Lto	Citicorp Nominees Ltd	nvestment Manager	9,867,379	9,867,379
			TOTAL	59,207,159	59,207,159

CONSIDERATION

				Class & No of
Holder of Relevant Interest	Date of Acquisition	Consideration		Securities
Paradice Investment Management Pty Ltd	4-Mar-16		569,935.34	1,500,000
Paradice Investment Management Pty Ltd	$25-Na$ y-16		482,469.93	,000,000
Paradice Investment Management Pty Ltd	$6 - May - 16$		046,187.30	,000,000
Paradice Investment Management Pty Ltd	$14 - Jun - 16$		876,732.83	,567,543
Paradice Investment Management Pty Ltd	$15 - Jun - 16$		,732,979.57	,000,000

37,594,245	$19,691,373.87
,026,006	,770,896.18	$4 - 1u - 16$	Paradice Investment Management Pty Ltd
5, 124, 5083, 208, 215	656,094.44	$30 - Jun - 16$	Paradice Investment Management Pty Ltd
	,660,553.39	$29 - Jun - 16$	Paradice Investment Management Pty Ltd
300,000	159,777.12	$28 - Jun - 16$	Paradice Investment Management Pty Ltd
	,755,742.85	$27 - Jun - 16$	Paradice Investment Management Pty Ltd
3,681,9164,114,7453,168,310	,089,521.48	$24$ -Jun-16	Paradice Investment Management Pty Ltd
	1,340,958.00	$23 - Jun - 16$	Paradice Investment Management Pty Ltd
903,002	549,525.44	$16 - Jun - 16$	Paradice Investment Management Pty Ltd

÷,

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

COMPANY SECRETARYCAPACITY 5/07/2016DATE C WANK 222

$\ddot{\phantom{a}}$