SCIDEV LTD — Major Shareholding Notification 2020

Feb 5, 2020

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme SciDev Ltd ACN/ARSN: 25 001 150 849 Source: Australian Business Register 1. Details of substantial holder (1) Name: Perennial Value Management Limited (PVM) ACN/ARSN (if applicable) 22 090 879 904 There was a change in the interest of the substantial holder on 4 February 2020 The previous notice was given to the company on 18 October 2019 The previous notice was dated 17 October 2019

Australian Business Register

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 relavant interest

Class of securities (4)	Previous notice	Previous notice	Present notice	Present notice
	Person's votes	Voting Power(%) (5)	Person's votes	Voting Power(%) (5)
Ordinary	6,482,913	5.25	8,186,201	6.34

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

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class & number of securities affected	Person's votes affected
29/11/2019	National Asset Servicing	BuyOn the Market	71,500.96 $	130,000	130,000
18/12/2019	National Asset Servicing	BuyOn the Market	7,401.55 $	13,000	13,000
27/12/2019	National Asset Servicing	BuyOn the Market	50,595.94 $	80,909	80,909
30/12/2019	National Asset Servicing	BuyOn the Market	20,943.63 $	33,719	33,719
31/12/2019	National Asset Servicing	BuyOn the Market	37,536.37 $	60,054	60,054
13/01/2020	National Asset Servicing	Sell On the Market	127,265.28 $	165,558	165,558
14/01/2020	National Asset Servicing	Sell On the Market	82,612.39 $	103,961	103,961
15/01/2020	National Asset Servicing	Sell On the Market	16,603.16 $	21,063	21,063
29/01/2020	National Asset Servicing	BuyOn the Market	306,538.88 $	386,958	386,958
30/01/2020	National Asset Servicing	BuyOn the Market	44,103.24 $	55,354	55,354
31/01/2020	National Asset Servicing	BuyOn the Market	136,406.06 $	170,838	170,838
3/02/2020	National Asset Servicing	BuyOn the Market	317,803.23 $	428,579	428,579
4/02/2020	BNP Paribas Securities Services	Buy On the Market	378,879.57 $	558,169	558,169
4/02/2020	National Asset Servicing	BuyOn the Market	51,784.89 $	76,290	76,290

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 (6)	Class & number of securities (Ord)	Person's votes
Perennial Value Management Limited	National Asset Servicing	National Asset Servicing	7,628,032	7,628,032	7,628,032
Perennial Value Management Limited	BNP Paribas Securities Services	BNP Paribas Securities Services	558,169	558,169	558,169

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

Name & ACN	Nature of association
Not applicable

6. Addresses

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

Name		Address
Perennial Value Management Ltd	Level 27, 88 Phillip St
	SydneyNSW 2000
SciDev Ltd	(RT)23/32 63/64®(RT)	23/32 63/64®(RT)23/32 63/64®(RT)
Signature
Print Name	Bill Anastasopoulos	Capacity		Company Secretary

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Sign Here Date 6/02/2020
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