SOUTHERN CROSS ELECTRICAL ENGINEERING LTD — Major Shareholding Notification 2020

Jun 14, 2020

Form 603 Corporations Act 2001 Section 671B

Notice of initial substantial holder

To: Southern Cross Electrical Engineering Ltd ACN/ARSN: 92 009 307 046 Source: Australian Business Register Name: Perennial Value Management Limited ACN: 22 090 879 904 The holder became a substantial shareholder on: 11 June 2020

2. Details of Voting Power

The total number of votes attached to all the voting shares in the company or voting interest in the scheme that the substantial holder or an associate had

Class of securities	Number of securities	Person’s votes	Voting Power(%)
Ordinary	15,145,527	15,145,527	6.12

3. Details of relevant interests

Holder of relevant interest Nature of relevenat interest Class & number of securities(Ord) Perennial Value Management Limited Investment Manager 15,145,527 The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a	Holder of relevant interest Nature of relevenat interest Class & number of securities(Ord) Perennial Value Management Limited Investment Manager 15,145,527 The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a	Holder of relevant interest Nature of relevenat interest Class & number of securities(Ord) Perennial Value Management Limited Investment Manager 15,145,527 The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a
Holder of relevant interest	Nature of relevenat interest	Class & number of securities(Ord)
Perennial Value Management Limited	Investment Manager	15,145,527

4. Details of present registered holders

The persons registered as holders of the securities referred to paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder	Class & number of securities (Ord)
Perennial Value Management Limited	National Asset Servicing	National Asset Servicing	8,171,940
Perennial Value Management Limited	Citicorp Nominees Pty Limited	Citicorp Nominees Pty Limited	6,973,587

5. Consideration

The consideration paid for each relevant interest referred to paragraph 3 above, and acquired in the four months prior to the day that the substantial

Holder of relevant interest	Date of acquisition	Consideration	Consideration	Class & and number of securities
		Cash	Non-cash
Citicorp Nominees Pty Limited	21/04/2020	61,907.09 $	0	154,428
Citicorp Nominees Pty Limited	24/04/2020	27,791.97 $	0	67,653
National Asset Servicing	6/04/2020	5,172.85 $	0	11,889
National Asset Servicing	7/04/2020	15,578.32 $	0	35,134
National Asset Servicing	8/04/2020	57,316.67 $	0	122,628
National Asset Servicing	15/04/2020	9,629.00 $	0	22,080
National Asset Servicing	21/04/2020	252,295.43 $	0	629,354
National Asset Servicing	21/04/2020	51,286.99 $	0	127,936
National Asset Servicing	21/04/2020	11,248.30 $	0	28,059
National Asset Servicing	21/04/2020	517,371.72 $	0	1,290,590
National Asset Servicing	24/04/2020	232,261.98 $	0	565387
National Asset Servicing	24/04/2020	113,262.16 $	0	275,710
National Asset Servicing	24/04/2020	23,024.22 $	0	56,047
National Asset Servicing	24/04/2020	5,049.17 $	0	12,291
National Asset Servicing	30/04/2020	79,534.00 $	0	182,292
National Asset Servicing	30/04/2020	8,028.75 $	0	18,651
National Asset Servicing	30/04/2020	38,784.89 $	0	88,895
National Asset Servicing	30/04/2020	3,915.15 $	0	9,095
National Asset Servicing	30/04/2020	7,884.38 $	0	18,071
National Asset Servicing	30/04/2020	795.95 $	0	1,849

National Asset Servicing	30/04/2020	1,729.06 $	0	3,963
National Asset Servicing	30/04/2020	174.34 $	0	405
National Asset Servicing	1/05/2020	94,243.09 $	0	219,133
National Asset Servicing	1/05/2020	45,957.56 $	0	106,860
National Asset Servicing	1/05/2020	9,342.03 $	0	21,722
National Asset Servicing	1/05/2020	2,049.30 $	0	4,765
National Asset Servicing	8/05/2020	77,383.84 $	0	175,593
National Asset Servicing	11/06/2020	1,092,784.80 $	0	2,565,614
National Asset Servicing	11/06/2020	522,076.20 $	0	1,225,718
National Asset Servicing	11/06/2020	88,879.01 $	0	208,668
National Asset Servicing	11/06/2020	60,472.77 $	0	143,541

6. Associates

The reasons the persons above in paragraph 3 above are associates of the substantial holder are as follows:

Name & ACN	Nature of association
Not applicable

7. Addresses

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

Name		Address
Perennial Value Management	Level 27, 88 Phillip St
Limited	SydneyNSW 2000
Southern Cross Electrical	41 Macedonia Street, Naval	Base, Wa 6165
EngineeringLtd
Signature
Print Name	Bill Anastasopoulos	Capacity	Company Secretary
Sign Here		Date	12/06/2020