SCIDEV LTD — Major Shareholding Notification 2021

Feb 22, 2021

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/SchemeACN/ARSN:	SciDev Ltd25 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			19 February 2021
The previous notice was given to the company on			15 September 2020
The previous notice was dated			11 September 2020

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 (3)

Class of securities (4)	Previous notice		Present notice
	Person's votes		Voting Power (%) (5)	Person's votes	Voting Power (%) (5)
Ordinary	17,362,027		11.41	21,640,426	14.12

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	Nature of change (6)	Consideration given in	Class & number of	Person's votes affected
	interest changed		relation to change (7)	securities affected
	22/09/2020 BNP Paribas SecuritiesServices	Sell On the Market	$210,003.55	321,323	321,323
	20/10/2020 National Asset Servicing	Buy On the Market	$3,662.33	4,714	4,714
	22/10/2020 National Asset Servicing	Buy On the Market	$15,403.16	19,534	19,534
	29/10/2020 BNP Paribas SecuritiesServices	Buy On the Market	$74,760.39	105,511	105,511
	29/10/2020 National Asset Servicing	Buy On the Market	$79,953.40	112,840	112,840
	30/10/2020 BNP Paribas SecuritiesServices	Buy On the Market	$30,757.38	42,226	42,226
	30/10/2020 BNP Paribas SecuritiesServices	Buy On the Market	$8,748.25	11,796	11,796
	30/10/2020 National Asset Servicing	Buy On the Market	$32,893.03	45,158	45,158
	30/10/2020 National Asset Servicing	Buy On the Market	$9,355.64	12,615	12,615
	2/11/2020 BNP Paribas SecuritiesServices	Buy On the Market	$51,766.85	71,651	71,651
	2/11/2020 National Asset Servicing	Buy On the Market	$55,362.66	76,628	76,628
	3/11/2020 BNP Paribas SecuritiesServices	Buy On the Market	$7,552.24	10,289	10,289
	3/11/2020 National Asset Servicing	Buy On the Market	$8,076.33	11,003	11,003
	10/11/2020 National Asset Servicing	Buy On the Market	$89,390.27	111,800	111,800
	11/11/2020 National Asset Servicing	Buy On the Market	$4,565.12	5,555	5,555
	12/11/2020 National Asset Servicing	Buy On the Market	$149,834.44	180,214	180,214
	17/11/2020 National Asset Servicing	Buy On the Market	$11,376.97	13,200	13,200
	18/11/2020 National Asset Servicing	Buy On the Market	$87,095.91	101,052	101,052
	20/11/2020 National Asset Servicing	Buy On the Market	$3,194.06	3,773	3,773
	24/11/2020 National Asset Servicing	Buy On the Market	$47,133.36	54,705	54,705
	25/11/2020 National Asset Servicing	Buy On the Market	$1,039.44	1,206	1,206
	26/11/2020 National Asset Servicing	Buy On the Market	$35,653.89	41,367	41,367
	1/12/2020 National Asset Servicing	Buy On the Market	$83,986.33	103,472	103,472
	2/12/2020 National Asset Servicing	Buy On the Market	$247.59	305	305
	2/12/2020 National Asset Servicing	Buy On the Market	$34.91	43	43
	7/12/2020 National Asset Servicing	Buy On the Market	$33,167.07	40,938	40,938
	8/12/2020 BNP Paribas SecuritiesServices	Buy On the Market	$12,788.57	15,771	15,771
	8/12/2020 National Asset Servicing	Buy On the Market	$2,066.15	2,548	2,548
	9/12/2020 National Asset Servicing	Buy On the Market	$35,534.78	44,100	44,100
	10/12/2020 National Asset Servicing	Buy On the Market	$96,985.71	120,966	120,966
	10/12/2020 National Asset Servicing	Buy On the Market	$8,880.43	11,087	11,087
	11/12/2020 National Asset Servicing	Buy On the Market	$41,869.35	52,261	52,261
	14/12/2020 National Asset Servicing	Buy On the Market	$8,673.41	10,886	10,886
	15/12/2020 National Asset Servicing	Buy On the Market	$11,725.74	15,000	15,000
	16/12/2020 National Asset Servicing	Buy On the Market	$473,421.91	594,154	594,154
	16/12/2020 BNP Paribas SecuritiesServices	Sell On the Market	$473,421.91	594,154	594,154
	22/12/2020 BNP Paribas SecuritiesServices	Buy On the Market	$43,677.69	62,798	62,798
	23/12/2020 BNP Paribas SecuritiesServices	Buy On the Market	$55,859.67	71,275	71,275
	23/12/2020 BNP Paribas SecuritiesServices	Buy On the Market	$9,808.84	12,487	12,487

23/12/2020 National Asset Servicing	Buy On the Market	$402.97	513	513
24/12/2020 BNP Paribas Securities	Buy On the Market	$68,099.45	87,093	87,093
Services
24/12/2020 National Asset Servicing	Buy On the Market	$2,796.92	3,577	3,577
29/12/2020 BNP Paribas Securities	Buy On the Market	$17,442.54	22,359	22,359
Services
29/12/2020 National Asset Servicing	Buy On the Market	$716.14	918	918
30/12/2020 BNP Paribas SecuritiesServices	Buy On the Market	$6,199.41	7,880	7,880
30/12/2020 National Asset Servicing	Buy On the Market	$254.90	324	324
31/12/2020 BNP Paribas Securities	Buy On the Market	$846.60	1,083	1,083
Services
31/12/2020 National Asset Servicing	Buy On the Market	$35.18	45	45
4/01/2021 National Asset Servicing	Buy On the Market	$22,759.54	29,165	29,165
5/01/2021 National Asset Servicing	Buy On the Market	$6,954.42	9,084	9,084
13/01/2021 National Asset Servicing	Buy On the Market	$16,566.98	22,687	22,687
14/01/2021 BNP Paribas Securities	Sell On the Market	$57,162.90	72,835	72,835
Services
18/01/2021 BNP Paribas Securities	Sell On the Market	$3,371.62	4,296	4,296
Services
19/01/2021 BNP Paribas Securities	Sell On the Market	$230,491.80	300,000	300,000
Services	Sell On the Market
19/01/2021 BNP Paribas SecuritiesServices		$463,078.98	595,000	595,000
28/01/2021 BNP Paribas Securities	Buy On the Market	$19,251.31	27,055	27,055
Services
29/01/2021 BNP Paribas Securities	Buy On the Market	$113,668.47	159,745	159,745
Services
1/02/2021 BNP Paribas Securities	Buy On the Market	$50,141.75	71,730	71,730
Services
1/02/2021 National Asset Servicing	Buy On the Market	$24,755.61	35,414	35,414
2/02/2021 BNP Paribas Securities	Buy On the Market	$31,757.16	45,365	45,365
Services2/02/2021 National Asset Servicing	Buy On the Market	$15,678.72	22,397	22,397
3/02/2021 BNP Paribas Securities	Buy On the Market
Services		$14,589.36	20,820	20,820
3/02/2021 National Asset Servicing	Buy On the Market	$7,202.89	10,279	10,279
8/02/2021 BNP Paribas Securities	Buy On the Market	$9,681.34	13,233	13,233
Services
8/02/2021 National Asset Servicing	Buy On the Market	$4,779.58	6,533	6,533
16/02/2021 BNP Paribas Securities	Buy On the Market	$124,383.40	180,105	180,105
Services
19/02/2021 BNP Paribas Securities	Buy On the Market	$2,204,392.69	3,193,675	3,193,675
Services

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 ofsecurities	Person entitled to beregistered as holder (8)	Nature of relevantinterest (6)	Class & number ofsecurities (Ord)	Person's votes
Perennial Value ManagementLimited	National Asset Servicing	National Asset Servicing	14,096,684	14,096,684	14,096,684
Perennial Value Management	BNP Paribas Securities Services BNP Paribas Securities		7,543,742	7,543,742	7,543,742
Limited		Services

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
	Sydney NSW 2000
SciDev Ltd	Scidev Ltd48 Atchison Street Suite 105, Saint Leonards, Nsw

Signature

Print Name	Bill Anastasopoulos	Capacity	Company Secretary
Sign Here		Date	23/02/2021

• (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
• The voting shares of a company constitute one class unless divided into separate classes. $(4)$
• (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
• $(6)$ Include details of:
  • any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statemen $(a)$ 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 powers ordisposal of the securities to which the relevant interest relates (indicating clearly the $(b)$ applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• $(7)$ Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest 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 thehappening or not of a contingency. Details must be included of any benefit paid on to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.
• If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown". $(8)$
• (9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.