SCIDEV LTD — Major Shareholding Notification 2020

Feb 26, 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		25 February 2020
The previous notice was given to the company on		7 February 2020
The previous notice was dated		5 February 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

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	12,036,201	9.32	14,833,824	11.48

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
21/02/2020	National Asset Servicing	BuyOn The Market	35,331.16 $	44,067	44,067
24/02/2020	BNP Paribas Securities Services	Buy On The Market	103,164.54 $	124,940	124,940
24/02/2020	National Asset Servicing	BuyOn The Market	182,561.74 $	221,096	221,096
25/02/2020	Citicorp Nominees Pty Limited	Buy On The Market	1,784,819.77 $	2,407,520	2,407,520

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	8,006,934	8,006,934	8,006,934
Perennial Value Management Limited	BNP Paribas Securities Services	BNP Paribas Securities Services	4,419,370	4,419,370	4,419,370
Perennial Value Management Limited	Citicorp Nominees Pty Limited	Citicorp Nominees Pty Limited	2,407,520	2,407,520	2,407,520

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	Scidev Ltd48 Atchison	Street Suite 105,Saint Leonards,
Signature
Print Name	Bill Anastasopoulos	Capacity	Company Secretary

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Sign Here Date 27/02/2020

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