SOUTHERN CROSS ELECTRICAL ENGINEERING LTD — Major Shareholding Notification 2021

Feb 10, 2021

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

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 10 February 2021 The previous notice was given to the company on 13 January 2021 The previous notice was dated 12 January 2021

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)

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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 15,744,500 6.35 13,239,341 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

Date	of	change		Person whose relevant	Nature of change (6)	Consideration given in	Consideration given in	Class & number of		Person's votes affected
				interest changed		relation to change (7)		securities affected
			13/01/2021	National Asset Servicing	Sell On the Market	$	3,447.82		5,895	5,895
			13/01/2021	National Asset Servicing	Sell On the Market	$	211,783.93		359,257	359,257
			14/01/2021	National Asset Servicing	Sell On the Market	$	143,182.39		242,721	242,721
			15/01/2021	National Asset Servicing	Sell On the Market	$	154,740.90		261,032	261,032
			18/01/2021	National Asset Servicing	Sell On the Market	$	216,797.24		372,819	372,819
			19/01/2021	National Asset Servicing	Sell On the Market	$	207,359.71		358,305	358,305
			4/02/2021	National Asset Servicing	Sell On the Market	$	258,140.94		427,620	427,620
			4/02/2021	National Asset Servicing	Sell On the Market	$	89,227.71		147,809	147,809
			5/02/2021	National Asset Servicing	Sell On the Market	$	15,897.14		25,906	25,906
			5/02/2021	National Asset Servicing	Sell On the Market	$	5,494.60		8,954	8,954
			8/02/2021	National Asset Servicing	Sell On the Market	$	63,387.47		104,143	104,143
			8/02/2021	National Asset Servicing	Sell On the Market	$	21,909.86		35,997	35,997
			9/02/2021	National Asset Servicing	Sell On the Market	$	46,028.01		75,375	75,375
			9/02/2021	National Asset Servicing	Sell On the Market	$	15,909.97		26,054	26,054
			10/02/2021	Citicorp Nominees Pty Limited	Sell On the Market	$	31,940.72		53,272	53,272

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	Person's votes
	securities	registered as holder (8)	interest (6)		securities (Ord)
Perennial Value Management Limited	National Asset Servicing	National Asset Servicing		5,851,113		5,851,113		5,851,113
Perennial Value Management Limited	Citicorp Nominees Pty Limited	Citicorp Nominees Pty Limited		7,388,228		7,388,228		7,388,228

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

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	41 Macedonia Street,	Naval Base, Wa 6165
Engineering Ltd

Signature

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Print Name Bill Anastasopoulos Capacity Company Secretary
Sign Here Date 11/02/2021
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