SCHOOLBLAZER LIMITED — Major Shareholding Notification 2022

Feb 10, 2022

Form 603

Corporations Act 2001

Section 671B

Notice of initial substantial holder

To: Hancock & Gore Ltd
ACN/ARSN: 25 009 657 961
Source: Australian Business Register

Name: Perennial Value Management Limited
ACN: 22 090 879 904

The holder became a substantial shareholder on: 10 February 2022

2. Details of Voting Power

The total number of votes attached to all the voting shares in the company or voting interest in the scheme that the substantial holder or an associate had a relevant interest in on the date the substantial holder are as follows:

Class of securities	Number of securities	Person's votes	Voting Power (%)
Ordinary	12,121,211	12,121,211	5.40

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	Class & number of securities (Ord)
Perennial Value Management Limited	Investment Manager	12,121,211

4. Details of present registered holders

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

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder	Class & number of securities (Ord)
Perennial Value Management Limited	National Asset Servicing	National Asset Servicing	12,121,211

5. Consideration

The consideration paid for each relevant interest referred to 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 relevant interest	Date of acquisition	Consideration		Class & and number of securities
		Cash	Non-cash
National Asset Servicing	3/12/2021	$ 1,596,023.82		4,626,156
National Asset Servicing	3/12/2021	$ 1,022,419.58		2,963,535
National Asset Servicing	3/12/2021	$ 308,829.17		895,157
National Asset Servicing	10/02/2022	$ 644,357.35		1,982,638
National Asset Servicing	10/02/2022	$ 412,777.95		1,270,086
National Asset Servicing	10/02/2022	$ 124,682.68		383,639

6. Associates

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

Name & ACN	Nature of association
Not applicable

7. Addresses

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

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Name	Address
Perennial Value Management Limited	Level 27, 88 Phillip St
Sydney NSW 2000
Hancock & Gore Ltd	Hgl Ltd
Level 8, 25 Bligh Street
Suite 803, Sydney, NSW 2000

Signature

Print Name	Bill Anastasopoulos	Capacity	Company Secretary

Sign Here

11/02/2022