Sheffield Resources Ltd. — Major Shareholding Notification 2017

Nov 1, 2017

604 page 1/2 15 July 2001

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme SHEFFIELD RESOURCES LTD ACN/ARSN 125 811 083

1. Details of substantial holder(1)

Name	BlackRock	Group (BlackRock Inc. and subsidiaries named in Annexures	Group (BlackRock Inc. and subsidiaries named in Annexures	Group (BlackRock Inc. and subsidiaries named in Annexures
ACN/ARSN (if applicable)	to this	form)
There was a change in the interests of the
substantial holder on		31	/ / 10	2017
The previous notice was given to the company on		02	/ / 09	2016
The previous notice was dated		31	/ / 08	2016

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	Previous notice	Present notice	Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
ord	16,250,000	8.99	17,045,028	7.57

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
	See Annexure A

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 and number of securities	Person's votes
	See Annexure B

604 page 2/2 15 July 2001

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:

==> picture [447 x 128] intentionally omitted <==

----- Start of picture text -----

Name and ACN/ARSN (if applicable) Nature of association
Name Address
Annexure C
----- End of picture text -----

6. Addresses

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

Signature

print name Maria Tricarico capacity *Authorised Signatory sign here date 02 / 11 / 2017

DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.

• (2) See the definition of "associate" in section 9 of the Corporations Act 2001.

• (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (4) The voting shares of a company constitute one class unless divided into separate classes.

• (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (6) Include details of:

• (a) 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 statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

• (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification 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, becom`e entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

• (8) 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".

• (9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

Annexure A

This is Annexure A of 1 page referred to in form 604 Notice of change of interests of substantial shareholder

02-Nov-17

Maria Tricarico, Date Authorised Signatory

5. Consideration

	SHEFFIELD RESOURCES LTD (SFX)	SHEFFIELD RESOURCES LTD (SFX)	SHEFFIELD RESOURCES LTD (SFX)
Date of Change	Person whose relevant interest changed	Nature of change (6) / Consideration given in relation to change (7)		CCY	Class and number of securities affected		Person's votes affected
28-Feb-17	BlackRock International Limited	on mkt sell	0.48	AUD	ORD	-22,244	-22,244
18-Apr-17	BlackRock Investment Management (UK)	on mkt buy	0.57	AUD	ORD	54,236	54,236
	Limited
19-Apr-17	BlackRock Investment Management (UK)	on mkt buy	0.57	AUD	ORD	38,800	38,800
	Limited
20-Apr-17	BlackRock Investment Management (UK)	on mkt buy	0.60	AUD	ORD	56,964	56,964
	Limited
01-May-17	BlackRock International Limited	on mkt buy	0.55	AUD	ORD	6,370	6,370
03-May-17	BlackRock International Limited	on mkt buy	0.58	AUD	ORD	33,106	33,106
04-May-17	BlackRock International Limited	on mkt buy	0.58	AUD	ORD	16,894	16,894
05-May-17	BlackRock International Limited	on mkt buy	0.58	AUD	ORD	68,857	68,857
08-May-17	BlackRock International Limited	on mkt buy	0.59	AUD	ORD	110,000	110,000
09-May-17	BlackRock International Limited	on mkt buy	0.57	AUD	ORD	27,000	27,000
10-May-17	BlackRock International Limited	on mkt buy	0.56	AUD	ORD	60,000	60,000
12-May-17	BlackRock International Limited	on mkt buy	0.57	AUD	ORD	30,000	30,000
15-May-17	BlackRock International Limited	on mkt buy	0.58	AUD	ORD	62,240	62,240
16-May-17	BlackRock International Limited	on mkt buy	0.58	AUD	ORD	23,232	23,232
17-May-17	BlackRock International Limited	on mkt buy	0.59	AUD	ORD	62,301	62,301
18-Aug-17	BlackRock International Limited	on mkt sell	0.48	AUD	ORD	-31,288	-31,288
22-Aug-17	BlackRock International Limited	on mkt sell	0.48	AUD	ORD	-73,772	-73,772
23-Aug-17	BlackRock International Limited	on mkt sell	0.48	AUD	ORD	-17,549	-17,549
24-Aug-17	BlackRock International Limited	on mkt sell	0.48	AUD	ORD	-60,146	-60,146
29-Aug-17	BlackRock International Limited	on mkt sell	0.44	AUD	ORD	-92,169	-92,169
30-Aug-17	BlackRock International Limited	on mkt sell	0.45	AUD	ORD	-80,000	-80,000
31-Aug-17	BlackRock International Limited	on mkt sell	0.43	AUD	ORD	-45,216	-45,216
31-Aug-17	BlackRock International Limited	on mkt sell	0.43	AUD	ORD	-87,111	-87,111
31-Aug-17	BlackRock International Limited	on mkt sell	0.41	AUD	ORD	-48,274	-48,274
31-Aug-17	BlackRock International Limited	on mkt sell	0.41	AUD	ORD	-93,001	-93,001
01-Sep-17	BlackRock International Limited	on mkt sell	0.40	AUD	ORD	-359,493	-359,493
01-Sep-17	BlackRock International Limited	on mkt sell	0.40	AUD	ORD	-186,607	-186,607
01-Sep-17	BlackRock International Limited	on mkt sell	0.40	AUD	ORD	-703,123	-703,123
01-Sep-17	BlackRock International Limited	on mkt sell	0.40	AUD	ORD	-364,979	-364,979
31-Oct-17	BlackRock International Limited	placement	0.70	AUD	ORD	1,000,000	1,000,000
31-Oct-17	BlackRock Investment Management (UK)	placement	0.70	AUD	ORD	150,000	150,000
	Limited
31-Oct-17	BlackRock Investment Management (UK)	placement	0.70	AUD	ORD	260,000	260,000
	Limited
31-Oct-17	BlackRock Investment Management (UK)	placement	0.70	AUD	ORD	1,000,000	1,000,000
	Limited

SFX

page 1 of 1

This is Annexure B of 1 page referred to in form 604 Notice of change of interests of substantial shareholder

Annexure B

	02-Nov-17
Maria Tricarico,	Date
Authorised Signatory

4. Details of present registered holders

Holder of Relevant Interests	Registered Holder of Securities	Person entitled to be registered as holder (8)	Nature of Relevant Interest (6)	Class and number of Securities	Class and number of Securities	Person's votes	Nature of Association
BlackRock International	BNYM-BANK OF NY		Power to control the exercise of a right to vote attached to	ORD	8,235,028	8,235,028	Subsidiary of
Limited	BRUS		securities and/or the power to dispose of securities as				BlackRock, Inc.
			investment manager or trustee.
BlackRock Investment	BNYM-BONY EUROPE -		Power to control the exercise of a right to vote attached to	ORD	6,000,000	6,000,000	Subsidiary of
Management (UK) Limited	LONDON		securities and/or the power to dispose of securities as				BlackRock, Inc.
			investment manager or trustee.
BlackRock Investment	BOA-MERRILL LYNCH		Power to control the exercise of a right to vote attached to	ORD	800,000	800,000	Subsidiary of
Management (UK) Limited	INTL PRIME BROKER -		securities and/or the power to dispose of securities as				BlackRock, Inc.
	NEW YORK		investment manager or trustee.
BlackRock Investment	BNP-BNP PARIBAS		Power to control the exercise of a right to vote attached to	ORD	2,010,000	2,010,000	Subsidiary of
Management (UK) Limited	JERSEY		securities and/or the power to dispose of securities as				BlackRock, Inc.
			investment manager or trustee.

SFX

page 1 of 1

Annexure C

This is Annexure C of 1 page referred to in form 604 Notice of change of interests of substantial shareholder

02-Nov-17 Maria Tricarico, Date Authorised Signatory

7. Addresses

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

Name	Address
BlackRock Group
BlackRock Inc.	55 East 52nd Street
	New York NY 10055 USA
BlackRock International Limited	Exchange Place One,
	1 Semple Street,
	Edinburgh, EH3 8BL,
	United Kingdom(Scotland,United Kingdom)
BlackRock Investment Management (UK) Limited	12 Throgmorton Avenue
	London EC2N 2DL
	United Kingdom

SFX

page 1 of 1