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SOUTHERN CROSS ELECTRICAL ENGINEERING LTD — Major Shareholding Notification 2021
Nov 7, 2021
65884_rns_2021-11-07_cb828b42-bc53-4ab2-9717-ad45420185d3.pdf
Major Shareholding Notification
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8 November 2021
BY ASX ONLINE – 5 pages
Manager Company Announcements ASX Limited Level 10 20 Bond Street SYDNEY 2000
Dear Sir/Madam,
Change of interests of substantial holder Southern Cross Electrical Engineering Limited [ASX:SXE]
Following is a Form 604 Notice of change of interests of substantial holder dated 8 November 2021 in accordance with section 671B of the Corporations Act.
Yours sincerely,
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AVEE WAISLITZ Secretary
TIGA TRADING PTY LTD ABN 95 118 961 210 Level 39, 55 Collins St. Melbourne VIC 3000 Australia
Form 604
Corporations Act 2001
Section 671B
Notice of change of interests of substantial holder
To: company name/scheme SOUTHERN CROSS ELCTRICAL ENGINEERING LTD
ABN 92 009 307 046
1. Details of substantial holder
Name
Name TIGA Trading Pty Ltd and each of the entities listed in the attached Annexure ‘A’ to this notice.
ACN (if applicable) 118 961 210
There was a change in the interests of the substantial holder on
The previous notice was given to the company on
The previous notice was dated
03-Sep-21
11-Oct-19
11-Oct-19
2. Previous and present voting power
The total number of shares votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate had a relevant interest 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 | Previous Notice | Previous Notice | Present Notice | Present Notice |
|---|---|---|---|---|
| Person’s votes | **Voting power ** | Person’s votes | **Voting power ** | |
| FullyPaid OrdinaryShares | 45,880,371 | 18.53% | 43,757,761 | 16.86% |
3. Changes in relevant interests
Particulars of each change in, or change in the nature of, relevant interests 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 are as follows:
| Date of Change |
Person whose relevant interest changed |
Nature of change |
Consideration given in relation to Change |
Class and number of securities affected |
Person’s votes affected |
|---|---|---|---|---|---|
| 18-Jun-20 | TIGA Trading Pty Ltd and each of the Thorney Investment Group entities listed in Annexure ‘A’ (together ‘Thorney Investment Group’) |
Market sale | $6,989.06 | 16,041 ordinary shares | 16,041 |
| Thorney Opportunities Ltd | $Nil | 10,694 ordinary shares | 10,694 | ||
| 19-Jun-20 | Thorney Investment Group | Market sale | $8,231.07 | 18,922 ordinary shares | 18,922 |
| Thorney Opportunities Ltd | $Nil | 12,615 ordinary shares | 12,615 | ||
| 23-Jun-20 | Thorney Opportunities Ltd | Market sale | $Nil | 1,349,338 ordinary shares | 1,349,338 |
| 23-Dec-20 | Jasforce Pty Ltd | Market sale | $90,828.00 | 168,200 ordinary shares | 168,200 |
| 29-Dec-20 | Jasforce Pty Ltd | Market sale | $9,072.00 | 16,800 ordinary shares | 16,800 |
| 26-Jul-21 | Jasforce Pty Ltd | Market sale | $30,300.01 | 60,000 ordinary shares | 60,000 |
| 24-Sep-21 | Thorney Investment Group | Market sale | $18,131.60 | 28,111 ordinary shares | 28,111 |
| 27-Sep-21 | Thorney Investment Group | Market sale | $8,402.42 | 13,027 ordinary shares | 13,027 |
| 28-Sep-21 | Thorney Investment Group | Market sale | $8,1591.21 | 126,498 ordinary shares | 126,498 |
| 29-Sep-21 | Thorney Investment Group | Market sale | $88,786.92 | 137,038 ordinary shares | 137,038 |
| 30-Sep-21 | Thorney Investment Group | Market sale | $46,352.93 | 71,865 ordinary shares | 71,865 |
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3. Changes in relevant interests continued
Particulars of each change in, or change in the nature of, relevant interests 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 are as follows:
| Date of Change |
Person whose relevant interest changed |
Nature of change |
Consideration given in relation to Change |
Class and number of securities affected |
Person’s votes affected |
|---|---|---|---|---|---|
| 1-Oct-21 | Thorney Investment Group | Market sale | $41,710.22 | 64,667 ordinary shares | 64,667 |
| 4-Oct-21 | Thorney Investment Group | Market sale | $11,366.19 | 17,622 ordinary shares | 17,622 |
| 7-Oct-21 | Thorney Investment Group | Market sale | $7,205.94 | 11,172 ordinary shares | 11,172 |
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 ** |
Nature of relevant interest | Number and class of securities |
Person’s votes |
|---|---|---|---|---|---|
| Thorney Investment Group |
UBS Nominees Pty Ltd |
TIGA Trading Pty Ltd |
Thorney Investment Group is taken under section 608(3)(b) of the_Corporations Act_ 2001 (Cth)(theAct) to have a relevant interest as it holds all the issued capital in Tiga Trading Pty Ltd and Thorney International PtyLtd. |
22,345,734 ordinary shares |
22,345,734 |
| Thorney International PtyLtd |
4,000,000 ordinary shares |
4,000,000 | |||
| Thorney Opportunities Ltd |
Thorney Investment Group is taken to have a relevant interest as it has the capacity to determine the outcome of decisions about the financial and operating policies of each of Thorney OpportunitiesLtd |
15,843,631 ordinary shares |
15,843,631 | ||
| Thorney Opportunities Ltd |
UBS Nominees Pty Ltd |
Thorney Opportunities Ltd |
Thorney Opportunities Ltd has a relevant interest under section 608(1)(b) of the_Act_ as it is the beneficial holder of those shares. |
15,843,631 ordinary shares |
15,843,631 |
| Jasforce Pty Ltd, as trustee for the Alex Waislitz Retirement Plan (Jasforce) |
Jasforce | Jasforce | Jasforce has a relevant interest under section 608(1)(a) of the_Act_as it is the registered holder of those shares. |
1,039,471 ordinary shares |
1,039,471 |
| Waislitz Charitable Corporation Pty Ltd, as trustee for the Waislitz Family Foundation |
Waislitz Family Foundation |
Waislitz Family Foundation |
Waislitz Family Foundation has a relevant interest under section 608(1)(a) of the_Act_ as it is the registered holder of those shares. |
528,925 ordinary shares |
528,925 |
| Mr Alex Waislitz |
UBS Nominees Pty Ltd |
TIGA Trading Pty Ltd |
Each of the entities listed in the adjacent column (and in Annexure “A”) are ‘associates’ pursuant to section 12(2)(a)(iii) of the_Act_by virtue of them being commonly controlled by Mr Alex Waislitz who, pursuant to section 50AA of the_Act_, has the capacity to determine the outcome of decisions about the financial and operating policies of each of those entities. |
22,345,734 ordinary shares |
22,345,734 |
| Thorney International PtyLtd |
4,000,000 ordinary shares |
4,000,000 | |||
| Thorney Opportunities Ltd |
15,843,631 ordinary shares |
15,843,631 | |||
| Jasforce | Jasforce | 1,039,471 ordinary shares |
1,039,471 | ||
| Waislitz Family Foundation |
Waislitz Family Foundation |
528,925 ordinary shares |
528,925 |
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5. Changes in association
The persons who have become associates of, ceased to be associates of, or have changed the nature of their association with, the substantial holder in relation to voting interests in the company or scheme are as follows:
| Name | **Nature of association ** |
|---|---|
| N/A | While there has been no change in association in respect of any of the entities listed in this notice since the last substantial holder notice was given, for completeness, we note that each of the entities listed in Annexure “A” to this notice are ‘associates’ in respect of the Company pursuant to section 12(2)(a)(iii) of the Act_by virtue of them being commonly controlled by Mr Alex Waislitz who, pursuant to section 50AA of the_Act, has the capacity to determine the outcome of decisions about the financial and operating policies of each of those entities. In addition, Mr Alex Waislitz holds, directly or indirectly, a relevant interest of 50% or more in each of Jasforce, Waislitz Charitable Corporation, Early Force and Jamahjo. |
6. Addresses
The addresses of persons named in this form are as follows:
| Name | Address |
|---|---|
| TIGA Trading Pty Ltd | Level 39, 55 Collins Street, Melbourne 3000 |
| Thorney International Pty Ltd, ACN 132 886 698 | Level 39, 55 Collins Street, Melbourne 3000 |
| Thorney Investment Group and each of the entities listed in Annexure ‘A’ to this notice |
See Annexure ‘A’ to this notice |
| Thorney Opportunities Ltd ACN 080 167 713 |
Level 39, 55 Collins Street, Melbourne 3000 |
| Jasforce Pty Ltd, ACN 017 167 713 as trustee for the Alex Waislitz Retirement Plan |
c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121 |
| Waislitz Charitable Corporation Pty Ltd, ACN 163 623 612 as trustee for the Waislitz FamilyFoundation |
Level 39, 55 Collins Street, Melbourne 3000 |
| Alex Waislitz | Level 39, 55 Collins Street, Melbourne 3000 |
Signature
Print name AVEE WAISLITZ
Capacity SECRETARY
Sign here Date 8 November 2021
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ANNEXURE ‘A’
This is Annexure A referred to in the Form 604 Notice of change of interests of substantial holder signed by me and dated 8 November 2021.
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….......................................................
AVEE WAISLITZ Secretary
SUBSTANTIAL HOLDERS - ENTITY DETAILS
| Entity | Address | |
|---|---|---|
| Thorney Investment Group | ||
| Jamahjo Pty Ltd, ACN 117 488 696 as trustee for the Halex Family Trust |
c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121 |
|
| Thistle Custodians PtyLtd,ACN 078 027 193 | Level 39,55 Collins Street,Melbourne 3000 | |
| Thistle Holdings PtyLtd,ACN 075 051 464 | Level 39,55 Collins Street,Melbourne 3000 | |
| ThorneyAlpha PtyLtd,ACN 162 820 537 | Level 39,55 Collins Street,Melbourne 3000 | |
| ThorneyBeta PtyLtd,ACN 162 828 677 | Level 39,55 Collins Street,Melbourne 3000 | |
| ThorneyHoldings ProprietaryLimited,ACN 006 262 835 | Level 39,55 Collins Street,Melbourne 3000 | |
| ThorneyInternational PtyLtd,ACN 132 886 698 | Level 39,55 Collins Street,Melbourne 3000 | |
| Thorney Investment Group Australia Pty Ltd, ACN 117 488 892 |
Level 39, 55 Collins Street, Melbourne 3000 | |
| Thorney Management Services Pty Ltd, ACN 164 880 148 |
Level 39, 55 Collins Street, Melbourne 3000 | |
| ThorneyOmega PtyLtd,ACN 163 964 636 | Level 39,55 Collins Street,Melbourne 3000 | |
| TIGA PropertyPtyLtd,ACN 117 811 453 | Level 39,55 Collins Street,Melbourne 3000 | |
| TIGA(Ballarat)PtyLtd,ACN 117 812 030 | Level 39,55 Collins Street,Melbourne 3000 | |
| TIGA Finance PtyLtd,ACN 118 521 412 | Level 39,55 Collins Street,Melbourne 3000 | |
| TIGA(Hawthorn)PtyLtd,ACN 126 952 663 | Level 39,55 Collins Street,Melbourne 3000 | |
| TIGA Tails PtyLtd,ACN 080 534 416 | Level 39,55 Collins Street,Melbourne 3000 | |
| TIGA TradingPtyLtd,ACN 118 961 210 | Level 39,55 Collins Street,Melbourne 3000 | |
| Other associates | ||
| Early Force Pty Ltd, ACN 103 134 363 as trustee for the Alex Waislitz Property Investment Trust |
Level 39, 55 Collins Street, Melbourne 3000 | |
| Jamah Investments Pty Ltd, ACN 093 388 928 as trustee for the Jamah Investment Trust |
c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121 |
|
| Jasforce Pty Ltd, ACN 017 167 713 as trustee for the Alex Waislitz Retirement Plan |
c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121 |
|
| ThorneyOpportunities Ltd,ACN 080 167 264 | Level 39,55 Collins Street,Melbourne 3000 | |
| ThorneyTechnologies Ltd,ACN 096 782 188 | Level 39,55 Collins Street,Melbourne 3000 | |
| Two Towers Pty Ltd, ACN 134 730 546 | c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121 |
|
| Urban Land Nominees Pty Ltd, ACN 004 753 066 | c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121 |
|
| Waislitz Charitable Corporation Pty Ltd, ACN 163 623 612 as trustee for the Waislitz Family Foundation |
Level 39, 55 Collins Street, Melbourne 3000 |
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