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VEEM LTD Major Shareholding Notification 2023

Feb 21, 2023

65997_rns_2023-02-21_c17a047d-d0c3-433d-bfa6-85f3cb3f7945.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 21 February 2023
The previous notice was given to the company on 6 July 2022
The previous notice was dated 5 July 2022
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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 16,897,836 12.45 18,826,901 13.87
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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
6/07/2022 National Asset Servicing Sell on the Market $ 509.89
1,000 1,000
6/07/2022 National Asset Servicing Sell on the Market $ 9,623.88
20,000 20,000
6/07/2022 National Asset Servicing Sell on the Market $ 2,729.39
6,000 6,000
7/07/2022 National Asset Servicing Sell on the Market $ 1,029.77
2,000 2,000
8/07/2022 National Asset Servicing Sell on the Market $ 877.36
1,704 1,704
8/07/2022 National Asset Servicing Sell on the Market $ 53.49
100 100
14/07/2022 National Asset Servicing Sell on the Market $ 5,125.00
9,673 9,673
15/07/2022 National Asset Servicing Sell on the Market $ 0.54
1 1
26/07/2022 National Asset Servicing Buy on the Market $ 22,197.28
39,764 39,764
27/07/2022 National Asset Servicing Buy on the Market $ 2,248.30
4,006 4,006
28/07/2022 National Asset Servicing Sell on the Market $ 2,874.36
5,000 5,000
29/07/2022 National Asset Servicing Sell on the Market $ 4,164.09
7,000 7,000
2/08/2022 National Asset Servicing Sell on the Market $ 1,574.65
3,000 3,000
16/08/2022 Northern Trust Sell on the Market $ 6,363.10
11,693 11,693
17/08/2022 Northern Trust Sell on the Market $ 0.58
1 1
23/08/2022 National Asset Servicing Buy on the Market $ 231,397.11
446,454 446,454
23/08/2022 National Asset Servicing Buy on the Market $ 879,992.55
1,697,844 1,697,844
23/08/2022 Northern Trust Sell on the Market $ 22,119.38
41,346 41,346
23/08/2022 Northern Trust Sell on the Market $ 451,183.20
904,356 904,356
23/08/2022 Northern Trust Sell on the Market $ 1,111,389.65
2,144,298 2,144,298
24/08/2022 National Asset Servicing Buy on the Market $ 78,827.66
154,621 154,621
24/08/2022 National Asset Servicing Buy on the Market $ 20,530.14
40,270 40,270
25/08/2022 National Asset Servicing Buy on the Market $ 80,941.54
158,674 158,674
25/08/2022 National Asset Servicing Buy on the Market $ 21,080.90
41,326 41,326
31/08/2022 National Asset Servicing Sell on the Market $ 3,719.19
8,000 8,000
1/09/2022 National Asset Servicing Sell on the Market $ 41,508.17
90,255 90,255
5/09/2022 National Asset Servicing Sell on the Market $ 10,976.55
25,239 25,239
5/09/2022 National Asset Servicing Sell on the Market $ 154,459.44
360,000 360,000
7/09/2022 National Asset Servicing Sell on the Market $ 1,941.30
4,473 4,473
8/09/2022 National Asset Servicing Sell on the Market $ 3,852.49
8,763 8,763
12/09/2022 National Asset Servicing Sell on the Market $ 3,718.04
8,400 8,400
15/09/2022 National Asset Servicing Sell on the Market $ 20,195.56
40,000 40,000
16/09/2022 National Asset Servicing Sell on the Market $ 5,023.40
9,999 9,999
19/09/2022 National Asset Servicing Sell on the Market $ 515.50
1,021 1,021
20/09/2022 National Asset Servicing Sell on the Market $ 2,116.90
3,980 3,980
29/09/2022 National Asset Servicing Sell on the Market $ 3,887.14
7,200 7,200
30/09/2022 National Asset Servicing Sell on the Market $ 8,241.63
15,260 15,260
24/10/2022 National Asset Servicing Buy on the Market $ 8,672.14
15,351 15,351
25/10/2022 National Asset Servicing Buy on the Market $ 24,523.80
41,126 41,126
26/10/2022 National Asset Servicing Buy on the Market $ 29,880.82
49,119 49,119
27/10/2022 National Asset Servicing Buy on the Market $ 4,420.48
7,172 7,172
28/10/2022 National Asset Servicing Buy on the Market $ 10,364.59
16,816 16,816
31/10/2022 National Asset Servicing Buy on the Market $ 2,549.35
4,070 4,070
11/11/2022 National Asset Servicing Buy on the Market $ 6,387.65
10,989 10,989
14/11/2022 National Asset Servicing Buy on the Market $ 1,241.03
2,135 2,135
15/11/2022 National Asset Servicing Buy on the Market $ 3,487.66
6,000 6,000

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21/11/2022 [National Asset Servicing] Buy on the Market $ 3,712.11 6,855 6,855
22/11/2022 [National Asset Servicing] Buy on the Market $ 1,055.43 1,984 1,984
22/11/2022 [National Asset Servicing] Buy on the Market $ 29,483.24 55,423 55,423
23/11/2022 [National Asset Servicing] Buy on the Market $ 17.31 32 32
23/11/2022 [National Asset Servicing] Buy on the Market $ 483.29 893 893
24/11/2022 [National Asset Servicing] Buy on the Market $ 1,664.00 3,081 3,081
24/11/2022 [National Asset Servicing] Buy on the Market $ 46,488.95 86,077 86,077
25/11/2022 [National Asset Servicing] Buy on the Market $ 97.13 183 183
25/11/2022 [National Asset Servicing] Buy on the Market $ 2,707.43 5,101 5,101
28/11/2022 [National Asset Servicing] Buy on the Market $ 285.99 492 492
28/11/2022 [National Asset Servicing] Buy on the Market $ 7,986.15 13,739 13,739
29/11/2022 [National Asset Servicing] Buy on the Market $ 80,809.57 139,021 139,021
30/11/2022 [National Asset Servicing] Buy on the Market $ 3,112.71 5,367 5,367
30/11/2022 [National Asset Servicing] Buy on the Market $ 28,264.41 48,734 48,734
13/12/2022 [National Asset Servicing] Sell on the Market $ 23,947.20 40,000 40,000
20/12/2022 [National Asset Servicing] Buy on the Market $ 2,468.28 4,548 4,548
20/12/2022 [National Asset Servicing] Buy on the Market $ 6,565.21 12,360 12,360
21/12/2022 [National Asset Servicing] Buy on the Market $ 235.10 452 452
21/12/2022 [National Asset Servicing] Buy on the Market $ 24,784.57 47,558 47,558
22/12/2022 [National Asset Servicing] Buy on the Market $ 18,192.13 33,004 33,004
23/12/2022 [National Asset Servicing] Buy on the Market $ 3,377.26 6,127 6,127
28/12/2022 [National Asset Servicing] Buy on the Market $ 8,268.15 15,000 15,000
29/12/2022 [National Asset Servicing] Buy on the Market $ 1,070.01 1,959 1,959
30/12/2022 [National Asset Servicing] Buy on the Market $ 4,389.29 7,963 7,963
4/01/2023 [National Asset Servicing] Buy on the Market $ 28,575.34 48,499 48,499
11/01/2023 [National Asset Servicing] Buy on the Market $ 4,917.78 9,104 9,104
12/01/2023 [National Asset Servicing] Buy on the Market $ 2,160.72 4,000 4,000
17/01/2023 [Citicorp Nominees Pty Limited] Buy on the Market $ 533,817.39 987,819 987,819
17/01/2023 [National Asset Servicing] Sell on the Market $ 533,817.39 987,819 987,819
18/01/2023 [Citicorp Nominees Pty Limited] Buy on the Market $ 23,916.88 43,392 43,392
18/01/2023 [National Asset Servicing] Buy on the Market $ 3,126.85 5,673 5,673
19/01/2023 [Citicorp Nominees Pty Limited] Buy on the Market $ 4,936.27 8,508 8,508
19/01/2023 [National Asset Servicing] Buy on the Market $ 645.17 1,112 1,112
23/01/2023 [Citicorp Nominees Pty Limited] Buy on the Market $ 16,544.47 27,806 27,806
24/01/2023 [Citicorp Nominees Pty Limited] Buy on the Market $ 4,965.95 8,486 8,486
25/01/2023 [Citicorp Nominees Pty Limited] Buy on the Market $ 8,674.06 14,452 14,452
27/01/2023 [Citicorp Nominees Pty Limited] Buy on the Market $ 34,512.08 54,763 54,763
30/01/2023 [Citicorp Nominees Pty Limited] Buy on the Market $ 135,116.60 214,000 214,000
31/01/2023 [Citicorp Nominees Pty Limited] Buy on the Market $ 568,376.22 914,871 914,871
31/01/2023 [Citicorp Nominees Pty Limited] Buy on the Market $ 461.89 733 733
1/02/2023 [Citicorp Nominees Pty Limited] Buy on the Market $ 465.82 773 773
9/02/2023 [Citicorp Nominees Pty Limited] Buy on the Market $ 6,145.49 10,220 10,220
10/02/2023 [Citicorp Nominees Pty Limited] Buy on the Market $ 1,343.35 2,234 2,234
13/02/2023 [Citicorp Nominees Pty Limited] Buy on the Market $ 297,500.00 500,000 500,000
13/02/2023 [Citicorp Nominees Pty Limited] Buy on the Market $ 4,557.60 7,643 7,643
13/02/2023 [National Asset Servicing] Sell on the Market $ 144,648.67 243,107 243,107
13/02/2023 [National Asset Servicing] Sell on the Market $ 124,480.55 209,211 209,211
13/02/2023 [National Asset Servicing] Sell on the Market $ 28,370.79 47,682 47,682
14/02/2023 [Citicorp Nominees Pty Limited] Buy on the Market $ 13,715.11 23,000 23,000
15/02/2023 [Citicorp Nominees Pty Limited] Buy on the Market $ 36,117.55 59,666 59,666
17/02/2023 [Citicorp Nominees Pty Limited] Buy on the Market $ 8,682.28 14,202 14,202
20/02/2023 [Citicorp Nominees Pty Limited] Buy on the Market $ 2,405.28 4,000 4,000
21/02/2023 [Citicorp Nominees Pty Limited] Buy on the Market $ 611,342.00 1,000,000 1,000,000
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 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 14,930,333 14,930,333 14,930,333
Perennial Value Management Citicorp Nominees Pty 3,896,568 3,896,568 3,896,568
Citicorp Nominees Pty Limited
Limited Limited
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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:

Nature of association

Name & ACN

Not applicable

6. Addresses

The addresses of persons named in this form as as follows: 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 Veem Ltd22 Baile Road, Canning Vale, Wa 6155
Signature
Print Name
Bill Anastasopoulos
Capacity
Company Secretary
Sign Here Date 22/02/2023

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