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SIMS LIMITED Major Shareholding Notification 2019
65780_rns_2019-03-26_bbff5d19-9900-4924-9a44-9af04e8373ef.pdf
Major Shareholding Notification
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Form 605
Corporations Act 2001 Section 671B
Notice of ceasing to be a substantial holder
| To Company Name/Scheme | SIMS METAL MANAGEMENT LIMITED (ASX:SGM) |
|---|---|
| ACN/ARSN | |
| 1. Details of substantial holder (1) |
| Name | Paradice Investment Management Pty Ltd |
|---|---|
| ACN/ARSN (if applicable) | ABN 64 090 148 619 |
| The holder ceased to be a substantial holder on | 22/03/2019 |
| The previous notice was given to the company on | 08/11/2018 |
|---|---|
| The previous notice was dated | 06/11/2018 |
2. Changes in relevant interests
Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) 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 ofchange | Person whoserelevant interestchanged | Nature of change (4) | Consideration given inrelation to change (5) | Class (6) andnumber ofsecurities affected | Person's votesaffected |
|---|---|---|---|---|---|
| SEEATTACHEDANNEXURE | |||||
3. Changes in association
The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:
| Name and ACN/ARSN (if applicable) Nature of association | |
|---|---|
4. Addresses
The addresses of persons named in this form are as follows:
| Name | Address |
|---|---|
| Paradice InvestmentManagement Pty Ltd | L27 Chifley Tower, 2 Chifley Square, Sydney, NSW 2000 |
Signature
print name
Peter Manley
Company Secretary capacity
date $26/03/2019$
DIRECTIONS
- If there are a humber of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the $(1)$ 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 pames and addresses of members is clearly set out in paragraph 4 of the form.
- See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $(2)$
- $(3)$ See the definition of "associate" in section 9 of the Corporations Act 2001.
- Include details of: $(4)$
- any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) $(a)$ 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
- any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or $(b)$ 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.
- Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was $(5)$ acquired has, or may, become 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.
- The voting shares of a company constitute one class unless divided into separate classes. $(6)$
- Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. $(7)$
CEASING TO BE A SUBSTANTINAL SHAREHOLDER
ANNEXURE 1
STOCK: SIMS METAL MANAGEMENT LIMITED (ASX:SGM)
DETAILS OF RELEVANT INTERESTS
| Date of change | Person whose relevant interest changed | Nature of change | Consideration given inrelation to change | Class and number ofsecurities affected | Person's votesaffected |
|---|---|---|---|---|---|
| 7/11/2018 | Paradice Investment Management Pty Ltd | Share Purchase | 5,064,697.74ᠬ | 408,165.00 | 408,165.00 |
| 8/11/2018 | Paradice Investment Management Pty Ltd | Share Purchase | 6,066,563.93Y | 457.971.00 | 457,971.00 |
| 9/11/2018 | Paradice Investment Management Pty Ltd | Share Purchase | 9,228,079.95Ŷ | 700,000.00 | 700,000.00 |
| 13/11/2018 | Paradice Investment Management Pty Ltd | Share Purchase | 11,359.23Ŷ | 904.00 | 904.00 |
| 16/11/2018 | Paradice Investment Management Pty Ltd | Share Sale | 163,590.13∽ | 13,147.00 | 13,147.00 |
| 19/11/2018 | Paradice Investment Management Pty Ltd | Share Sale | 1,315,085.52᠊ᠬ | 106,853.00 | 106,853.00 |
| 20/11/2018 | Paradice Investment Management Pty Ltd | Share Sale | 601,983.72S | 50,000.00 | 50,000.00 |
| 21/11/2018 | Paradice Investment Management Pty Ltd | Share Purchase | 5,041.82Ŷ | 430.00 | 430.00 |
| 22/11/2018 | Paradice Investment Management Pty Ltd | Share Purchase | 2,126.14Ŷ٢ | 184.00 | 184.00 |
| 26/11/2018 | Paradice Investment Management Pty Ltd | Share Purchase | 5,950.38Ŷ | 532.00 | 532.00 |
| 28/11/2018 | Paradice Investment Management Pty Ltd | Share Purchase | 2,720,570.50Ŷ | 250,000.00 | 250,000.00 |
| 29/11/2018 | Paradice Investment Management Pty Ltd | Share Sale | 28,874.88 | 2,660.00 | 2,660.00 |
| 30/11/2018 | Paradice Investment Management Pty Ltd | Share Sale | 670.32∽ | 63.00 | 63.00 |
| 3/12/2018 | Paradice Investment Management Pty Ltd | Share Purchase | 1,338.15Ϋ́ | 119.00 | 119.00 |
| 4/12/2018 | Paradice Investment Management Pty Ltd | Share Purchase | 9,122.22Υ | 835.00 | 835.00 |
| 5/12/2018 | Paradice Investment Management Pty Ltd | Share Sale | 4,275,487.19S | 400,000.00 | 400,000.00 |
| 7/12/2018 | Paradice Investment Management Pty Ltd | Share Sale | 2,118,205.08 | 200,000.00 | 200,000.00 |
| 10/12/2018 | Paradice Investment Management Pty Ltd | Share Sale | 1,534,726.25∽ | 150,000.00 | 150,000.00 |
| 11/12/2018 | Paradice Investment Management Pty Ltd | Share Purchase | 3,095,805.64Ÿ | 300,613.00 | 300,613.00 |
| 12/12/2018 | Paradice Investment Management Pty Ltd | Share Purchase | 2,569.93ᠬ | 247.00 | 247.00 |
| 13/12/2018 | Paradice Investment Management Pty Ltd | Share Purchase | 1,393.13Ŷ | 133.00 | 133.00 |
| 14/12/2018 | Paradice Investment Management Pty Ltd | Share Purchase | 4,885.45ᡤ | 470.00 | 470.00 |
| 20/12/2018 | Paradice Investment Management Pty Ltd | Share Purchase | 3,454.60ᠬ | 346.00 | 346.00 |
| 24/12/2018 | Paradice Investment Management Pty Ltd | Share Sale | 40,916.29S | 4,114.00 | 4,114.00 |
| -831,479 | -831,479 | |||||
|---|---|---|---|---|---|---|
| $5,421.751.40 | Total | |||||
| 2,668,117.003,499,596.00 | 3,499,596.00 | Total Sales | ||||
| 2,668,117.00 | 32,073,161.0937,494,912.49 | ဖှ ဖ | Total Purchases | |||
| 910,935.00 | 910,935.00 | 9,747,004.50 | Share Sale | Paradice Investment Management Pty Ltd | ||
| 684.00 | 684.00 | 7,315.58 | ∽ | Share Sale | Paradice Investment Management Pty Ltd | 22/03/2019 |
| 392.00 | 392.00 | 4,258.99 | ᠬ | Share Purchase | 21/03/2019 | |
| 338.00 | 338.00 | 3,618.20 | Ŷ | Share Purchase | Paradice Investment Management Pty Ltd | 19/03/2019 |
| 454.00 | 454.00 | 5,046.16 | Ş | Share Purchase | Paradice Investment Management Pty Ltd | 15/03/2019 |
| 150.00 | 150.00 | 1,709.25 | Ϋ́ | Share Purchase | Paradice Investment Management Pty Ltd | 11/03/2019 |
| 184.00 | 184.00 | 2,081.95 | $\mathcal{L}_{\mathcal{L}}$ | Share Purchase | Paradice Investment Management Pty Ltd | 7/03/2019 |
| 115.00 | 115.00 | 1,288.57 | $\mathcal{L}_{\mathcal{L}}$ | Share Purchase | Paradice Investment Management Pty Ltd | 4/03/2019 |
| 165.00 | 165.00 | 1,896.69 | $\mathcal{S}_{\mathcal{T}}$ | Share Purchase | Paradice Investment Management Pty Ltd | 1/03/2019 |
| 127.00 | 127.00 | 1,495.82 | ٠Ŷ | Share Purchase | Paradice Investment Management Pty LtdParadice Investment Management Pty Ltd | 26/02/2019 |
| 2,710.00 | 2,710.00 | 31,151.28 | $\mathfrak{S}$ | Share Sale | Paradice Investment Management Pty Ltd | 25/02/2019 |
| 281,009.00 | 281,009.00 | 3,155,912.09 | ᡤ | Share Purchase | Paradice Investment Management Pty Ltd | 21/02/201922/02/2019 |
| 373.00 | 373.00 | 4,160.78 | ᠬ | Share Purchase | Paradice Investment Management Pty Ltd | 18/02/2019 |
| 457,526.00608.00 | 608.00 | 6,794.35 | $\sim$ | Share Purchase | Paradice Investment Management Pty Ltd | 14/02/2019 |
| 1,200,000.00 | 457,526.00 | 4,876,462.20 | $\sim$ | Share Sale | Paradice Investment Management Pty Ltd | 12/02/2019 |
| 7,920.00 | 7,920.001,200,000.00 | 12,744,376.42 | ∽ | Share Sale | Paradice Investment Management Pty Ltd | 11/02/2019 |
| 255.00 | 255.00 | 2,739.9186,003.03 | Ŷ | Share Purchase | Paradice Investment Management Pty Ltd | 7/02/2019 |
| 131.00 | 131.00 | 1,407.56 | Ϋ́ᠬ | Share Purchase | Paradice Investment Management Pty Ltd | 6/02/2019 |
| 229.00 | 229.00 | 2,375.78 | Ŷ | Share PurchaseShare Purchase | Paradice Investment Management Pty Ltd | 5/02/2019 |
| 222.00 | 222.00 | 2,216.54 | ᠬ | Share Purchase | Paradice Investment Management Pty Ltd | 31/01/2019 |
| 513.00 | 513.00 | 4,824.32 | $\mathcal{S}_{\mathbf{r}}$ | Share Purchase | Paradice Investment Management Pty Ltd | 25/01/2019 |
| 1,047.00 | 1,047.00 | 11,469.70 | $\mathcal{L}_{\mathcal{L}}$ | Share Purchase | Paradice Investment Management Pty LtdParadice Investment Management Pty Ltd | 24/01/2019 |
| 481.00 | 481.00 | 5,019.04 | Ŷ | Share Purchase | Paradice Investment Management Pty Ltd | 18/01/2019 |
| 1,349.00 | 1,349.00 | 13,644.40 | $\hat{\mathbf{v}}$ | Share Purchase | Paradice Investment Management Pty Ltd | 17/01/2019 |
| 205.00 | 205.00 | 2,147.30 | $\mathcal{L}_{\mathsf{L}}$ | Share Purchase | Paradice Investment Management Pty Ltd | 11/01/2019 |
| 904.00 | 904.00 | 9,063.13 | ∽ | Share Sale | Paradice Investment Management Pty Ltd | 10/01/2019 |
| 375.00 | 375.00 | 3,676.62 | ᠬᢩ | Share Purchase | Paradice Investment Management Pty Ltd | 7/01/2019 |
| 250,526.00 | 250,526.00 | 2,526,415.23 | ᡤ | Share Purchase | Paradice Investment Management Pty Ltd | 27/12/20182/01/2019 |
| Company Secretary | Capacity | |
|---|---|---|
| This is annexure 1 of 1 pages referred to in form 605 Notice of Ceasing to be a Substantial Holder | 26/03/2019 | DATE |
| Peter Manley |