VERIS LIMITED — Major Shareholding Notification 2014

Mar 31, 2014

FORM 603

Corporations Act 2001 Section 671B

NOTICE OF INITIAL SUBSTANTIAL HOLDER

To: Company Name/Scheme

OTC - Otoc Limited

ACN/ARSN

1. Details of Substantial Holder(1)

Name Acorn Capital Limited ACN/ARSN (if applicable) 082 694 531 The holder became a substantial holder on 1/04/2014

2. Details of 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 relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of Securities (4)	Number of Securities	Person's Votes (5)	Voting Power (6)
Ordinary	14,133,931	14,133,931	7.32%

3. Details of Relevant Interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of Relevant Interest	Nature of Relevant Interest (7)	Class and Number of Securities
Acorn Capital Limited	Power to (or to control) exercise vote and/or dispose of the shares as discretionary investment managers or advisers to superannuation funds, pooled superannuation trusts, managed investment schemes and investment management	14,133,931
~~agreements~~

4. Details of Present Registered Holders

The persons registered as holders of the securities referred to in Paragraph 3 above are as follows:

Holder of Relevant Interest	Registered Holder of Securities	Person Entitled to be Registered as Holder(8)	Class and Number of Securities
Colonial Foundation	The Myer Family Company Ltd		99,420
Microcap Investment Trust 1	National Nominees		334,350
Auscoal Superannuation Fund	JP Morgan Chase Nominees		921,420
Queensland Local Government Superannuation	JP Morgan Chase Nominees		1,146,880
Acorn Capital Microcap Trust	National Nominees		1,260,200
First State Super	JP Morgan Chase Nominees		1,423,302
UniSuper	National Nominees		1,450,000
Commonwealth Super Corporation	HSBC Custody Nominees (AUS) Ltd		1,608,312
Commonwealth Bank Officers' Superannuation Fund	Citicorp Nominees		1,715,000
Microcap Investment Trust 2	National Nominees		2,050,677
Sunsuper Fund	HSBC Custody Nominees (AUS) Ltd		2,124,370

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5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of Relevant Interest Acorn Capital Limited	Date of Acquisition	Consideration (9)	Consideration (9)	Class and Number of Securities
		Cash	Non-Cash
	20-Mar-2014 to 01-Apr-2014	$2,130,945.76		14,133,931

6. Associates

The reasons the persons named in Paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable) Name of Association

7. Addresses

The addresses of persons named in this form are as follows:

Name	Address
All Relevant Holders	C/O Acorn Capital Limited, Level 12, 90 Collins Street, Melbourne Victoria 3000

Print Name PAUL PALUMBO Capacity Portfolio Manager 1/04/2014 Sign Here Date

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