SCHOOLBLAZER LIMITED — Major Shareholding Notification 2013

Dec 19, 2013

HENRY DAVIS YORK
LAWYERS

20 December 2013

Our Ref RJT/NGP/CZL

The Manager
Company Announcements
Australian Stock Exchange Limited
Level 4
20 Bridge Street
SYDNEY NSW 2000

Dear Manager

HGL Limited ACN 009 657 961 (HNG)
Form 604: Notice of change in interests of substantial holder

Please find attached a Form 604: Notice of change in interests of substantial holder for Mrs Ida Constable, IJV Investments Pty Limited (ACN 162 908 296) and their associates.

Yours faithfully
Henry Davis York

Robert Tracy
Partner
Tel No +61 2 9947 6309
Email robert_tracy@hdy.com.au
encl

15208767_1
HENRY DAVIS YORK 44 MARTIN PLACE SYDNEY NSW 2000 AUSTRALIA T +61 2 9947 6000
F +61 2 9947 6999 DX 173 SYDNEY E HDY@HDY.COM.AU WWW.HDY.COM.AU

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06/11/2008 23:20 02-9362-0906 CONSTABLE PAGE 02/04 604 page 1/2 15 July 2001

Form 604

Corporations Act 2001

Section 671B

Notice of change in interests of substantial holder

To Company Name/Scheme	HGL Limited (HNG)
ACN/ARSN	009 657 981

1. Details of substantial holder (1)

Name	Mrs Ida Constable, LIV Investments Pty Limited (ACN 162 908 296), Licon Trading, Mr David Constable, Kitwood Pty Ltd, Mr Joseph Constable, Ms Sarah Constable, Ms Lola Lichter, Ms Virginia Little and Mr Julian Constable.
ACN/ARSN (if applicable)	As above

There was a change in the interests of the substantial holder on 21/03/2013

The previous notice was given to the company on 21/03/2013

The previous notice was dated 21/03/2013

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

Class of securities (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Ordinary shares	6,025,007	10.56%	8,654,697	15.22%

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:

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
21/03/2013	Licon Trading	Relevant interests in shares held through Supervised Investments Australia Limited as trustee of The Supervised Fund (s608(3)(a) of the Corporations Act)	$1,303,628.70	1,632,690 ordinary shares	1,632,690 votes
21/03/2013	Licon Trading	Holder of shares (s608(1)(a))	$32,276.55	30,000 ordinary shares	30,000 votes
21/03/2013	Mrs Ida Constable	Relevant interest in shares in which Licon Trading has a relevant interest as the controller of Licon Trading (s608(3)(b))	As above	1,662,690 ordinary shares	1,662,690 votes

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06/11/2008 23:20 02-9362-0906 CONSTABLE PAGE 03/04

604 page 2/2 15 July 2001

21/03/2013	Kitwood Pty Ltd	Holder of shares (s608(1)(a))	$508,687.89	866,000 ordinary shares	866,000 votes
21/03/2013	Mr David Constable	Relevant interests in shares in which Kitwood Pty Ltd has a relevant interest as the controller of Kitwood Pty Ltd (s608(3)(b))	As above	866,000 ordinary shares	866,000 votes
21/03/2013	Mr Joseph Constable	Holder of shares (s608(1)(a))	$20,805.08	38,000 ordinary shares	38,000 votes
21/03/2013	Ms Sarah Constable	Holder of shares (s608(1)(a))	$20,749.60	38,000 ordinary shares	38,000 votes
21/03/2013	Ms Lola Lichter	Holder of shares (s608(1)(a))	$35,568.09	25,000 ordinary shares	25,000 votes

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 securities	Person entitled to be registered as holder (8)	Nature of relevant interest (8)	Class and number of securities	Person's votes
IJV Investments Pty Limited	IJV Investments Pty Limited	IJV Investments Pty Limited	Holder of shares (s608(1)(a))	5,582,653 ordinary shares	5,582,653 votes
Licon Trading	Supervised Investments Australia Limited as trustee for The Supervised Fund	Supervised Investments Australia Limited as trustee for The Supervised Fund	Relevant interest in shares held through Supervised Investments Australia Limited (s608(3)(a))	1,632,690 ordinary shares	1,632,690 votes
Licon Trading	Licon Trading	Licon Trading	Holder of shares (s608(1)(a))	30,000 ordinary shares	30,000 votes
Mrs Ida Constable	Mrs Ida Constable, IJV Investments Pty Limited and Supervised Investments Australia Limited as trustee for The Supervised Fund	Mrs Ida Constable, IJV Investments Pty Limited and Supervised Investments Australia Limited as trustee for The Supervised Fund	Relevant interest in shares held through IJV Investments Pty Limited and Licon Trading (s608(3)(b)).	7,245,343 ordinary shares	7,245,343 votes
Mrs Ida Constable	Mrs Ida Constable	Mrs Ida Constable	Holder of shares (s608(1)(a))	275,000 ordinary shares	275,000 votes
Ms Virginia Little	Ms Virginia Little	Ms Virginia Little	Holder of shares (s608(1)(a))	122,729 ordinary shares	122,729 votes
Mr Julian Constable	Mr Julian Constable	Mr Julian Constable	Holder of shares (s608(1)(a))	44,000 ordinary shares	44,000 votes
Mr Julian Constable as trustee for Abby Constable	Mr Julian Constable as trustee for Abby Constable	Mr Julian Constable as trustee for Abby Constable	Holder of shares (s608(1)(a))	625 ordinary shares	625 votes

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06/11/2008 23:20 02-9362-0906 CONSTABLE PAGE 04/04

604 page 3/2 15 July 2001

Kitwood Pty Ltd	Kitwood Pty Ltd	Kitwood Pty Ltd	Holder of shares (s608(1)(a))	866,000 ordinary shares	866,000 votes
Mr David Constable	Kitwood Pty Ltd	Kitwood Pty Ltd	Relevant interest in shares held by Kitwood Pty Ltd as controller of Kitwood Pty Ltd (s608(3)(b))	866,000 ordinary shares	866,000 votes
Ms Lola Lichter	Ms Lola Lichter	Ms Lola Lichter	Holder of shares (s608(1)(a))	25,000 ordinary shares	25,000 votes
Ms Sarah Constable	Ms Sarah Constable	Ms Sarah Constable	Holder of shares (s608(1)(a))	38,000 ordinary shares	38,000 votes
Mr Joseph Constable	Mr Joseph Constable	Mr Joseph Constable	Holder of shares (s608(1)(a))	38,000 ordinary shares	38,000 votes

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 and ACN/ARSN (if applicable)	Nature of association
Licon Trading	Associate of Mrs Ida Constable as controlled by Mrs Ida Constable
Mr David Constable, Ms Lola Lichter, Ms Sarah Constable, Mr Joseph Constable, Kitwood Pty Ltd	Associates of Mrs Ida Constable

6. Addresses

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

Name	Address
IJV Investments Pty Limited	432 Elizabeth Street, Surry Hills 2010
Licon Trading	432 Elizabeth Street, Surry Hills 2010
Mrs Ida Constable	205 Gillards Road, Pokolbin 2320
Ms Virginia Little	15 Pindari Avenue, Mosman 2088
Mr Julian Constable	15 Eastgate Avenue, Killara 2071
Mr David Constable	205 Gillards Road, Pokolbin 2320
Supervised Investments Australia Limited	432 Elizabeth Street, Surry Hills 2010
Ms Lola Lichter	45 Seymour Road, Elsternwick 3185
Ms Sarah Constable	432 Elizabeth Street, Surry Hills 2010
Mr Joseph Constable	432 Elizabeth Street, Surry Hills 2010
Kitwood Pty Ltd	432 Elizabeth Street, Surry Hills 2010
Licon Trading	432 Elizabeth Street, Surry Hills 2010

Signature

print name IDA CONSTABLE capacity self
sign here J Constable date 20'12'2013

DIRECTIONS

(1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related

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