SYNTARA LIMITED — Major Shareholding Notification 2019

Mar 3, 2019

605 page 1/2 15 July 2001

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme

PHARMAXIS LTD

ACN/ARSN 082 811 630

1. Details of substantial holder(1)

Name Montoya Investments Limited

ACN/ARSN (if applicable)

The holder ceased to be asubstantial holder onThe previous notice was given to the company onThe previous notice was dated	/ /280219
	/ /150413
	/ /150413

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 ofchange (4)	Considerationgiven in relationto change(5)	Class (6) andnumber ofsecuritiesaffected	Person's votesaffected
28/02/19	Montoya Investments Limited	Disposal	26.25 Cents per share	19,123,830	19,123,830

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
Montoya Investments Limited	55 Marine Parade, Eastbourne, Lower Hutt, 5013, New Zealand

Signature

print namesign here	capacityGUY WALKERCOMPANY SECRETARY
	date//04201903