SOUTHERN CROSS ELECTRICAL ENGINEERING LTD — Major Shareholding Notification 2021

Oct 13, 2021

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

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|To Company Name/Scheme|Southern Cross Electrical Engineering Ltd|
|ACN/ARSN:|92 009 307 046|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|12 October 2021|
|The previous notice was given to the company on|27 May 2021|
|The previous notice was dated|25 May 2021|

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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 (3) in when last required, and when now required to give a substantial holding notice to the company or scheme, are as follows:

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Class of securities (4) Previous notice Present notice
Person's votes Voting Power (%) (5) Person's votes Voting Power (%) (5)
Ordinary 15,970,982 6.44 13,695,239 5.34
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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:

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|---|---|---|---|---|---|---|
|Date of change|Person whose relevant|Nature of change (6)|Consideration given in|Class & number of|Person's votes affected|
|interest changed|relation to change (7)|securities affected|
|27/05/2021|[National Asset Servicing]|Buy On the Market|$ 30,046.56|57,655|57,655|
|27/05/2021|[National Asset Servicing]|Buy On the Market|$ 12,149.44|23,313|23,313|
|27/05/2021|[National Asset Servicing]|Buy On the Market|$ 168,045.49|322,455|322,455|
|9/06/2021|[National Asset Servicing]|Buy On the Market|$ 63,377.37|121,612|121,612|
|29/06/2021|[National Asset Servicing]|Sell On the Market|$ 79,911.55|146,950|146,950|
|1/07/2021|[National Asset Servicing]|Sell On the Market|$ 110,354.65|206,378|206,378|
|1/07/2021|[National Asset Servicing]|Sell On the Market|$ 55,491.74|103,777|103,777|
|2/07/2021|[National Asset Servicing]|Sell On the Market|$ 81,631.69|152,919|152,919|
|2/07/2021|[National Asset Servicing]|Sell On the Market|$ 41,048.85|76,896|76,896|
|5/07/2021|[National Asset Servicing]|Sell On the Market|$ 93,358.10|173,943|173,943|
|5/07/2021|[National Asset Servicing]|Sell On the Market|$ 46,944.99|87,467|87,467|
|7/07/2021|[National Asset Servicing]|Sell On the Market|$ 11,854.07|22,206|22,206|
|7/07/2021|[National Asset Servicing]|Sell On the Market|$ 23,574.16|44,161|44,161|
|31/08/2021|[National Asset Servicing]|Buy On the Market|$ 11,061.00|18,000|18,000|
|31/08/2021|[National Asset Servicing]|Sell On the Market|$ 11,061.00|18,000|18,000|
|6/09/2021|[National Asset Servicing]|Sell On the Market|$ 375,809.04|606,277|606,277|
|6/09/2021|[National Asset Servicing]|Sell On the Market|$ 40,861.65|65,299|65,299|
|6/09/2021|[National Asset Servicing]|Sell On the Market|$ 64,349.55|102,588|102,588|
|7/09/2021|[National Asset Servicing]|Buy On the Market|$ 236,973.53|382,771|382,771|
|7/09/2021|[National Asset Servicing]|Sell On the Market|$ 92,060.17|148,700|148,700|
|7/09/2021|[National Asset Servicing]|Sell On the Market|$ 14,468.37|23,370|23,370|
|7/09/2021|[National Asset Servicing]|Sell On the Market|$ 10,206.48|16,486|16,486|
|7/09/2021|[National Asset Servicing]|Sell On the Market|$ 120,238.51|194,215|194,215|
|7/09/2021|[National Asset Servicing]|Sell On the Market|$ 199.34|319|319|
|8/09/2021|[National Asset Servicing]|Buy On the Market|$ 181,050.80|292,631|292,631|
|8/09/2021|[National Asset Servicing]|Sell On the Market|$ 138,208.92|223,386|223,386|
|8/09/2021|[National Asset Servicing]|Sell On the Market|$ 31,627.33|51,119|51,119|
|8/09/2021|[National Asset Servicing]|Sell On the Market|$ 11,214.56|18,126|18,126|
|13/09/2021|[National Asset Servicing]|Buy On the Market|$ 66,786.82|105,994|105,994|
|13/09/2021|[National Asset Servicing]|Sell On the Market|$ 45,172.50|71,691|71,691|
|13/09/2021|[National Asset Servicing]|Sell On the Market|$ 16,395.83|26,021|26,021|
|13/09/2021|[National Asset Servicing]|Sell On the Market|$|5,218.49|8,282|8,282|
|14/09/2021|[National Asset Servicing]|Buy On the Market|$|5,107,221.74|8,042,869|8,042,869|
|14/09/2021|[National Asset Servicing]|Buy On the Market|$|5,107,221.74|8,042,869|8,042,869|
|14/09/2021|[National Asset Servicing]|Buy On the Market|$|2,891,734.08|4,553,912|4,553,912|
|14/09/2021|[National Asset Servicing]|Buy On the Market|$|2,891,734.08|4,553,912|4,553,912|
|14/09/2021|[National Asset Servicing]|Buy On the Market|$ 832,269.09|1,310,660|1,310,660|
|14/09/2021|[National Asset Servicing]|Buy On the Market|$ 832,269.09|1,310,660|1,310,660|
|14/09/2021|[National Asset Servicing]|Sell On the Market|$|5,107,221.74|8,042,869|8,042,869|
|14/09/2021|[National Asset Servicing]|Sell On the Market|$|5,107,221.74|8,042,869|8,042,869|
|14/09/2021|[National Asset Servicing]|Sell On the Market|$|2,891,734.08|4,553,912|4,553,912|
|14/09/2021|[National Asset Servicing]|Sell On the Market|$|2,891,734.08|4,553,912|4,553,912|
|14/09/2021|[National Asset Servicing]|Sell On the Market|$ 832,269.09|1,310,660|1,310,660|
|14/09/2021|[National Asset Servicing]|Sell On the Market|$ 832,269.09|1,310,660|1,310,660|
|23/09/2021|[National Asset Servicing]|Sell On the Market|$ 16,358.20|25,172|25,172|
|23/09/2021|[National Asset Servicing]|Sell On the Market|$ 11,304.26|17,395|17,395|
|23/09/2021|[National Asset Servicing]|Sell On the Market|$|2,880.81|4,433|4,433|
|24/09/2021|[National Asset Servicing]|Sell On the Market|$ 11,102.42|17,032|17,032|
|24/09/2021|[National Asset Servicing]|Sell On the Market|$|7,671.71|11,769|11,769|
|24/09/2021|[National Asset Servicing]|Sell On the Market|$|1,955.57|3,000|3,000|
|7/10/2021|[National Asset Servicing]|Sell On the Market|$ 50,552.47|76,659|76,659|
|7/10/2021|[National Asset Servicing]|Sell On the Market|$ 24,922.44|37,793|37,793|
|7/10/2021|[National Asset Servicing]|Sell On the Market|$|6,385.41|9,683|9,683|
|8/10/2021|[National Asset Servicing]|Sell On the Market|$ 93,592.84|142,120|142,120|
|8/10/2021|[National Asset Servicing]|Sell On the Market|$ 46,141.16|70,065|70,065|
|8/10/2021|[National Asset Servicing]|Sell On the Market|$ 11,822.25|17,952|17,952|

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11/10/2021	National	Asset	Servicing	Sell	On	the	Market	$	114,839.32	174,277	174,277
11/10/2021	National	Asset	Servicing	Sell	On	the	Market	$	56,616.74	85,920	85,920
11/10/2021	National	Asset	Servicing	Sell	On	the	Market	$	14,506.06	22,014	22,014
12/10/2021	National	Asset	Servicing	Sell	On	the	Market	$	59,436.59	90,213	90,213
12/10/2021	National	Asset	Servicing	Sell	On	the	Market	$	15,228.60	23,114	23,114
12/10/2021	National	Asset	Servicing	Sell	On	the	Market	$	120,560.50	182,987	182,987

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	Person entitled to be	Nature of relevant	Nature of relevant	Class & number of	Class & number of	Person's votes	Person's votes
	securities	registered as holder (8)	interest (6)		securities (Ord)
Perennial Value Management Limited	National Asset Servicing	National Asset Servicing		13,695,239		13,695,239		13,695,239

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:

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 Sydney NSW 2000
Southern Cross Electrical Engineering Ltd	41 Macedonia Street, Naval Base, Wa 6165
Signature Print Name	Bill Anastasopoulos Capacity	Company Secretary
Sign Here	Date	13/10/2021

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