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VEEM LTD — Major Shareholding Notification 2024
Jun 13, 2024
65997_rns_2024-06-13_724c0181-2da2-41ac-939a-b904700afd9d.pdf
Major Shareholding Notification
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Form 604 Corporations Act 2001 Section 671B
Notice of change of interests of substantial holder
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 12 June 2024 The previous notice was given to the company on 13 May 2024 The previous notice was dated 13 May 2024
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:
| Class of securities (4) | Previous notice | Previous notice | Present notice | Present notice |
|---|---|---|---|---|
| Person's votes | Voting Power(%) (5) | Person's votes | Voting Power(%) (5) | |
| Ordinary | 15,836,998 | 11.66 | 17,285,004 | 12.73 |
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 interest changed ** | Nature of change (6) | Consideration given in relation to change (7) |
Class & number of securities affected |
Person's votes affected |
|---|---|---|---|---|---|
| 13/05/2024 | BNP Paribas Securities Services | Buyon the Market | 17,024.50 $ |
9,085 | 9,085 |
| 13/05/2024 | HSBC | Buyon the Market | 34,004.04 $ |
18,146 | 18,146 |
| 13/05/2024 | Northern Trust | Buyon the Market | 79,939.28 $ |
42,659 | 42,659 |
| 14/05/2024 | HSBC | Buyon the Market | 134,798.36 $ |
72,555 | 72,555 |
| 15/05/2024 | HSBC | Buyon the Market | 30,972.99 $ |
16,629 | 16,629 |
| 16/05/2024 | HSBC | Buyon the Market | 63,711.92 $ |
34,614 | 34,614 |
| 17/05/2024 | HSBC | Buyon the Market | 74,955.96 $ |
40,321 | 40,321 |
| 20/05/2024 | HSBC | Buyon the Market | 55,497.41 $ |
29,992 | 29,992 |
| 21/05/2024 | HSBC | Buyon the Market | 7,240.32 $ |
3,891 | 3,891 |
| 21/05/2024 | HSBC | Buyon the Market | 50,492.39 $ |
27,135 | 27,135 |
| 22/05/2024 | BNP Paribas Securities Services | Buyon the Market | 11.28 $ |
6 | 6 |
| 22/05/2024 | HSBC | Buyon the Market | 24.45 $ |
13 | 13 |
| 22/05/2024 | HSBC | Buyon the Market | 16.92 $ |
9 | 9 |
| 22/05/2024 | Northern Trust | Buyon the Market | 56.41 $ |
30 | 30 |
| 23/05/2024 | BNP Paribas Securities Services | Buyon the Market | 8,101.79 $ |
4,300 | 4,300 |
| 23/05/2024 | HSBC | Buyon the Market | 12,084.85 $ |
6,414 | 6,414 |
| 23/05/2024 | HSBC | Buyon the Market | 17,497.97 $ |
9,287 | 9,287 |
| 23/05/2024 | Northern Trust | Buyon the Market | 41,449.11 $ |
21,999 | 21,999 |
| 24/05/2024 | BNP Paribas Securities Services | Buyon the Market | 9,865.59 $ |
5,352 | 5,352 |
| 24/05/2024 | HSBC | Buyon the Market | 21,307.24 $ |
11,559 | 11,559 |
| 24/05/2024 | HSBC | Buyon the Market | 14,715.44 $ |
7,983 | 7,983 |
| 24/05/2024 | Northern Trust | Buyon the Market | 50,472.66 $ |
27,381 | 27,381 |
| 27/05/2024 | BNP Paribas Securities Services | Buyon the Market | 2,487.63 $ |
1,335 | 1,335 |
| 27/05/2024 | HSBC | Buyon the Market | 5,370.29 $ |
2,882 | 2,882 |
| 27/05/2024 | Northern Trust | Buyon the Market | 12,723.23 $ |
6,828 | 6,828 |
| 28/05/2024 | BNP Paribas Securities Services | Buyon the Market | 15,170.70 $ |
8,205 | 8,205 |
| 28/05/2024 | HSBC | Buyon the Market | 32,763.55 $ |
17,720 | 17,720 |
| 28/05/2024 | Northern Trust | Buyon the Market | 77,608.20 $ |
41,974 | 41,974 |
| 29/05/2024 | HSBC | Buyon the Market | 64,256.43 $ |
35,374 | 35,374 |
| 29/05/2024 | Northern Trust | Buyon the Market | 152,208.94 $ |
83,793 | 83,793 |
| 30/05/2024 | HSBC | Buyon the Market | 237,761.93 $ |
131,800 | 131,800 |
| 30/05/2024 | Northern Trust | Buyon the Market | 563,196.31 $ |
312,200 | 312,200 |
| 31/05/2024 | BNP Paribas Securities Services | Buyon the Market | 78,193.81 $ |
43,639 | 43,639 |
| 3/06/2024 | BNP Paribas Securities Services | Buyon the Market | 59,190.61 $ |
33,149 | 33,149 |
| 4/06/2024 | BNP Paribas Securities Services | Buyon the Market | 3,402.69 $ |
1,992 | 1,992 |
| 4/06/2024 | HSBC | Buyon the Market | 1,286.26 $ |
753 | 753 |
| 4/06/2024 | HSBC | Buyon the Market | 6,854.91 $ |
4,013 | 4,013 |
| 4/06/2024 | Northern Trust | Buyon the Market | 16,065.39 $ |
9,405 | 9,405 |
| 5/06/2024 | BNP Paribas Securities Services | Buyon the Market | 7,845.80 $ |
4,573 | 4,573 |
| 5/06/2024 | HSBC | Buyon the Market | 15,803.11 $ |
9,211 | 9,211 |
| 5/06/2024 | HSBC | Buyon the Market | 2,964.69 $ |
1,728 | 1,728 |
| 5/06/2024 | Northern Trust | Buyon the Market | 37,031.18 $ |
21,584 | 21,584 |
| 6/06/2024 | BNP Paribas Securities Services | Buyon the Market | 5,551.67 $ |
3,221 | 3,221 |
| 6/06/2024 | BNP Paribas Securities Services | Buyon the Market | 111.82 $ |
65 | 65 |
| 6/06/2024 | HSBC | Buyon the Market | 225.38 $ |
131 | 131 |
| 6/06/2024 | HSBC | Buyon the Market | 11,184.33 $ |
6,489 | 6,489 |
|---|---|---|---|---|---|
| 6/06/2024 | HSBC | Buyon the Market | 2,097.61 $ |
1,217 | 1,217 |
| 6/06/2024 | HSBC | Buyon the Market | 43.01 $ |
25 | 25 |
| 6/06/2024 | Northern Trust | Buyon the Market | 26,205.37 $ |
15,204 | 15,204 |
| 6/06/2024 | Northern Trust | Buyon the Market | 529.88 $ |
308 | 308 |
| 7/06/2024 | BNP Paribas Securities Services | Buyon the Market | 12,692.87 $ |
7,387 | 7,387 |
| 7/06/2024 | HSBC | Buyon the Market | 4,795.70 $ |
2,791 | 2,791 |
| 7/06/2024 | HSBC | Buyon the Market | 25,569.60 $ |
14,881 | 14,881 |
| 7/06/2024 | Northern Trust | Buyon the Market | 59,916.15 $ |
34,870 | 34,870 |
| 11/06/2024 | BNP Paribas Securities Services | Buyon the Market | 19,416.04 $ |
11,307 | 11,307 |
| 11/06/2024 | HSBC | Buyon the Market | 7,335.74 $ |
4,272 | 4,272 |
| 11/06/2024 | HSBC | Buyon the Market | 39,111.97 $ |
22,777 | 22,777 |
| 11/06/2024 | Northern Trust | Buyon the Market | 91,647.05 $ |
53,371 | 53,371 |
| 12/06/2024 | BNP Paribas Securities Services | Buyon the Market | 22,833.94 $ |
13,334 | 13,334 |
| 12/06/2024 | HSBC | Buyon the Market | 8,625.65 $ |
5,037 | 5,037 |
| 12/06/2024 | HSBC | Buyon the Market | 45,998.36 $ |
26,861 | 26,861 |
| 12/06/2024 | Northern Trust | Buyon the Market | 107,782.18 $ |
62,940 | 62,940 |
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 securities | Person entitled to be registered as holder (8) |
Nature of relevant interest (6) |
Class & number of securities (Ord) |
Person's votes |
|---|---|---|---|---|---|
| Perennial Value Management Limited |
HSBC | HSBC | 9,548,331 | 9,548,331 | 9,548,331 |
| Perennial Value Management Limited |
Northern Trust | Northern Trust | 3,029,523 | 3,029,523 | 3,029,523 |
| Perennial Value Management Limited |
BNP Paribas Securities Services | BNP Paribas Securities Services |
635,567 | 635,567 | 635,567 |
| 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 | ||
| SydneyNSW 2000 | |||
| Veem Ltd | 22 Baile Road, Canning Vale, Wa 6155 | ||
| Signature | |||
| Print Name | Bill Anastasopoulos | Capacity | Company Secretary |
| Sign Here | Date | 14/06/2024 |
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