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VEEM LTD — Major Shareholding Notification 2023
Nov 29, 2023
65997_rns_2023-11-29_d03c7da9-41e5-4c3c-ad91-4dcce68e3bbc.pdf
Major Shareholding Notification
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Form 604 Corporations Act 2001 Section 671B
Notice of change of interests of substantial holder
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To Company Name/Scheme Veem Ltd
ACN/ARSN: 51 008 944 009 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 28 November 2023
The previous notice was given to the company on 31 March 2023
The previous notice was dated 31 March 2023
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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 20,287,753 14.95 17,002,823 12.53
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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:
| 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 | ||||||||
| 31/03/2023 | HSBC | Buy on the Market | $ | 21,204.66 |
40,000 | 40,000 | |||||
| 31/03/2023 | HSBC | Buy on the Market | $ | 10,166.23 |
20,000 | 20,000 | |||||
| 4/04/2023 | HSBC | Sell on the Market | $ | 7,798.28 |
15,000 | 15,000 | |||||
| 13/04/2023 | HSBC | Sell on the Market | $ | 2,349.48 |
5,000 | 5,000 | |||||
| 19/04/2023 | HSBC | Buy on the Market | $ | 14,854.91 |
30,000 | 30,000 | |||||
| 24/04/2023 | HSBC | Sell on the Market | $ | 3,219.30 |
7,000 | 7,000 | |||||
| 27/04/2023 | HSBC | Sell on the Market | $ | 4,549.00 |
10,000 | 10,000 | |||||
| 28/04/2023 | HSBC | Sell on the Market | $ | 969.79 |
2,000 | 2,000 | |||||
| 1/05/2023 | HSBC | Sell on the Market | $ | 474.89 |
1,000 | 1,000 | |||||
| 4/05/2023 | HSBC | Sell on the Market | $ | 18,795.86 |
40,000 | 40,000 | |||||
| 5/05/2023 | HSBC | Sell on the Market | $ | 182.96 |
400 | 400 | |||||
| 8/05/2023 | HSBC | Sell on the Market | $ | 266.94 |
600 | 600 | |||||
| 17/05/2023 | HSBC | Sell on the Market | $ | 4,299.05 |
10,000 | 10,000 | |||||
| 18/05/2023 | HSBC | Buy on the Market | $ | 10,413.57 |
23,662 | 23,662 | |||||
| 18/05/2023 | HSBC | Buy on the Market | $ | 14,231.86 |
32,338 | 32,338 | |||||
| 19/05/2023 | HSBC | Buy on the Market | $ | 2,789.34 |
6,338 | 6,338 | |||||
| 19/05/2023 | HSBC | Buy on the Market | $ | 3,812.12 |
8,662 | 8,662 | |||||
| 23/05/2023 | HSBC | Sell on the Market | $ | 429.90 |
1,000 | 1,000 | |||||
| 30/05/2023 | HSBC | Buy on the Market | $ | 430.10 |
1,000 | 1,000 | |||||
| 6/06/2023 | HSBC | Sell on the Market | $ | 12,597.23 |
30,000 | 30,000 | |||||
| 16/06/2023 | HSBC | Buy on the Market | $ | 4,300.95 |
10,000 | 10,000 | |||||
| 19/06/2023 | HSBC | Buy on the Market | $ | 64.23 |
150 | 150 | |||||
| 19/06/2023 | HSBC | Buy on the Market | $ | 8,901.96 |
20,000 | 20,000 | |||||
| 29/06/2023 | HSBC | Sell on the Market | $ | 3,948.69 |
10,000 | 10,000 | |||||
| 30/06/2023 | HSBC | Sell on the Market | $ | 799.82 |
2,000 | 2,000 | |||||
| 3/07/2023 | HSBC | Sell on the Market | $ | 9,997.80 |
25,000 | 25,000 | |||||
| 26/07/2023 | HSBC | Buy on the Market | $ | 13,181.90 |
30,000 | 30,000 | |||||
| 2/08/2023 | HSBC | Sell on the Market | $ | 8,898.04 |
20,000 | 20,000 | |||||
| 3/08/2023 | HSBC | Sell on the Market | $ | 4,698.97 |
10,000 | 10,000 | |||||
| 4/08/2023 | HSBC | Sell on the Market | $ | 1,237.09 |
2,661 | 2,661 | |||||
| 4/08/2023 | HSBC | Sell on the Market | $ | 474.89 |
1,000 | 1,000 | |||||
| 9/08/2023 | HSBC | Sell on the Market | $ | 4,589.00 |
9,000 | 9,000 | |||||
| 9/08/2023 | HSBC | Sell on the Market | $ | 1,019.78 |
2,000 | 2,000 | |||||
| 11/08/2023 | HSBC | Sell on the Market | $ | 2,399.47 |
5,000 | 5,000 | |||||
| 16/08/2023 | HSBC | Buy on the Market | $ | 28,061.60 |
50,000 | 50,000 | |||||
| 21/08/2023 | HSBC | Sell on the Market | $ | 6,093.66 |
10,000 | 10,000 |
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23/08/2023 [HSBC] Sell on the Market $ 1,456.24 2,312 2,312
28/08/2023 [HSBC] Sell on the Market $ 1,309.71 2,000 2,000
31/08/2023 [HSBC] Sell on the Market $ 639.86 1,000 1,000
6/09/2023 [HSBC] Buy on the Market $ 282,905.02 457,553 457,553
6/09/2023 [HSBC] Sell on the Market $ 282,905.02 457,553 457,553
13/09/2023 [HSBC] Buy on the Market $ 13,127.89 21,000 21,000
18/09/2023 [HSBC] Sell on the Market $ 18,295.97 30,000 30,000
19/09/2023 [HSBC] Buy on the Market $ 12,002.64 20,000 20,000
21/09/2023 [HSBC] Buy on the Market $ 5,997.41 10,900 10,900
22/09/2023 [HSBC] Sell on the Market $ 5,348.82 10,000 10,000
22/09/2023 [HSBC] Sell on the Market $ 15,896.50 30,000 30,000
25/09/2023 [HSBC] Sell on the Market $ 544.88 1,000 1,000
25/09/2023 [HSBC] Sell on the Market $ 5,698.75 10,000 10,000
25/09/2023 [HSBC] Sell on the Market $ 5,128.87 9,000 9,000
29/09/2023 [HSBC] Buy on the Market $ 12,929.19 23,091 23,091
3/10/2023 [HSBC] Sell on the Market $ 5,864.14 8,888 8,888
5/10/2023 [HSBC] Sell on the Market $ 5,078.33 8,000 8,000
9/10/2023 [HSBC] Sell on the Market $ 209,929.79 339,343 339,343
9/10/2023 [HSBC] Sell on the Market $ 136,632.56 220,861 220,861
9/10/2023 [HSBC] Sell on the Market $ 272,073.63 439,796 439,796
13/10/2023 [HSBC] Buy on the Market $ 11,470.32 19,733 19,733
19/10/2023 [HSBC] Sell on the Market $ 614.87 1,000 1,000
24/10/2023 [HSBC] Buy on the Market $ 5,424.47 9,332 9,332
25/10/2023 [HSBC] Buy on the Market $ 2,727.92 4,693 4,693
31/10/2023 [Citicorp Nominees Pty Limited] Buy on the Market $ 8.85 15 15
31/10/2023 [HSBC] Buy on the Market $ 29,756.55 50,000 50,000
10/11/2023 [HSBC] Buy on the Market $ 6,139.84 10,748 10,748
10/11/2023 [HSBC] Buy on the Market $ 31,334.74 54,084 54,084
10/11/2023 [HSBC] Buy on the Market $ 5,225.26 9,147 9,147
13/11/2023 [HSBC] Buy on the Market $ 9,973.40 16,528 16,528
13/11/2023 [HSBC] Buy on the Market $ 1,116.34 1,850 1,850
13/11/2023 [HSBC] Buy on the Market $ 8,487.77 14,066 14,066
14/11/2023 [HSBC] Buy on the Market $ 168,309.06 270,914 270,914
14/11/2023 [HSBC] Buy on the Market $ 12,728.45 20,488 20,488
14/11/2023 [HSBC] Buy on the Market $ 136,735.19 220,092 220,092
20/11/2023 [HSBC] Buy on the Market $ 145,193.41 205,496 205,496
20/11/2023 [HSBC] Buy on the Market $ 87,968.43 124,504 124,504
21/11/2023 [HSBC] Buy on the Market $ 16,058.03 23,100 23,100
23/11/2023 [HSBC] Sell on the Market $ 423,590.71 537,373 537,373
23/11/2023 [HSBC] Sell on the Market $ 364,671.28 462,627 462,627
23/11/2023 [HSBC] Sell on the Market $ 275,891.70 350,000 350,000
27/11/2023 [HSBC] Sell on the Market $ 4,274.05 5,000 5,000
28/11/2023 [HSBC] Sell on the Market $ 83,815.20 100,000 100,000
28/11/2023 [HSBC] Sell on the Market $ 731,890.25 873,219 873,219
28/11/2023 [HSBC] Sell on the Market $ 860,598.55 1,026,781 1,026,781
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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 |
HSBC Nominees | HSBC Nominees | 12,931,240 | 12,931,240 | 12,931,240 | ||||
| Perennial Value Management Limited |
Citicorp Nominees Pty Limited | Citicorp Nominees Pty Limited |
4,071,583 | 4,071,583 | 4,071,583 |
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 | ||
| Veem Ltd | 22 Baile Road, Canning | Vale, Wa 6155 |
Signature
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Print Name Bill Anastasopoulos Capacity Company Secretary
Sign Here Date 30/11/2023
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