SANDFIRE RESOURCES LIMITED — Major Shareholding Notification 2015

Jun 21, 2015

Form 603
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Corporations Law Section 671B

Notice of initial substantial holder

To Company Name/Scheme Sandfire Resources NL

ACN/ARSN

Details of substantial holder(1) 1.

Name

Vinva Investment Management

ACN/ARSN (if applicable)

147 934 263

The holder became a substantial holder on 18/06/2015

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 holderor an associate (2) had a relevant interest (3) in on the date the substantial holder

Class of securities (4)	Number of securities	Persons' votes (5)	Voting power (6)
FPO	7.938.063	7.938.063	5.06%

*Based on issued capital of 156,854,678 shares

$3.$ 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 Schedule 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 relevantInterest	Registered holder ofsecurities	Person entitled to be registered asholder (6)	Class and numberof securities
See Schedule 1

6. 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 relevantInterest	Date of acquisition	Consideration (9)		Class and numberof securities
		Cash	Non-cash
Vinva investmentManagement	Various dates between(18/02/2015 and 18/06/2015)	Considerationfor Disposal ofShares$372,177.32Considerationfor Acquisition ofShares$32,652,360.17		Disposal of -78.905sharesAcquisition of6.268,256shares
				Transfer out of61,135 shares

ß. Associates

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

____________Name and ACN/ARSN (ifi applicable)	.------Nature of association
ı	--
N/A	____

7. Addresses

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

Name	Address
Vinva Investment Management	Level 13, 10 Bridge Street, Sydney, NSW 2000

Signature

print name	Robert Cochrane	Chief Operating Officercapacity
sign here		date22
	DIRECTIONS

• If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related $(1)$ corporations, or the manager and trustee of an equily 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 Law.
• See the definition of 'relevant interest' in sections 608 and 671B(7) of the Corporations Law. $(3)$
• (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: $(7)$
  • (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
  • any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting $(b)$ 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 Law.

• $(6)$ If the substantial holder is unable to determine the identity of the person (eg. If the relevant interest arises because of an option) wrile 'unknown'.
• Delails of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest $(9)$ 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.

Schedule 1 - Vinva Investment Management becoming a substantial holder for Sandfire Resources NL

Details of relevant interests

Holder of relevant interest	of relevant interestVature	Class and number of securities
/inva Investment Managemen	to (or to control) exercise votePower	Fully paid ordinary shares	7,938,063
	dispose of the securities asลิตอี
	discretionary investment managers or
	advisers of superannuation funds, pooled
	nuation trusts, managed investmentRIBEIS
	schemes and investment management
	ιgξagreem

Details of present registered holders

1,581,942 FPO840.094 FPO4.751.329 FPOمج764.698Persons entitled to be a registeredJP Morgan Nominees Australia LtdState Street Australia LimitedNational Nominees LtdCogent Nominees LtdholderJP Morgan Nominees Australia LtdntitesState Street Australia LimiteRegistered holder of secuCogent Nominees LimitedNational Nominees LtdVinva Investment ManagementVinya Investment ManagementVinva Investment ManagementVinva Investment ManagementHolder of relevant interest
		Class and number of securities

$\frac{1}{1}$

$\frac{1}{2}$