Thorney Opportunities : Change in substantial holding for SXE

THORNEY OPPORTUNITIES LTD

ACN 080 167 264

CROSS RELEASE SXE

18 April 2019

BY ASX ONLINE - 3 pages

Manager Company Announcements

ASX Limited

Level 10

20 Bond Street

SYDNEY 2000

Dear Sir/Madam,

Change of interests of substantial holder

Southern Cross Electrical Engineering Limited [ASX:SXE]

Following is a Form 604 Notice of change of interests of substantial holder dated 18 April 2019 in accordance with section 671B of the Corporations Act 2001.

Yours sincerely,

CRAIG SMITH ACIS, CPA

Secretary

Level 39, 55 Collins Street, Melbourne Vic 3000

Telephone + 61 3 9921 7116 Facsimile + 61 3 9921 7100

company name/scheme

Form 604

Corporations Act 2001

Section 671B

To:

ABN

Notice of change of interests of substantial holder

SOUTHERN CROSS ELECTRICAL ENGINEERING LTD

92 009 307 046

1. Details of substantial holder

Name	THORNEY OPPORTUNITIES LTD
ACN	080 167 264
There was a change in the interests of the substantial holder on		16-Apr-19
The previous notice was given to the company on		11-Oct-18
The previous notice was dated		11-Oct-18

2. Previous and present voting power

The total number of shares votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate had a relevant interest 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	Previous Notice		Present Notice
	Person's votes	Voting power	Person's votes	Voting power
Fully Paid Ordinary Shares	30,019,180	12.83%	33,120,094	14.15%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, relevant interests 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 are as follows:

Date of

Person whose relevant

Nature of

Consideration

Number and class of

Person's

Change

interest changed

change

given in

securities affected

votes

relation to

affected

Change

26-Feb-19

Thorney Opportunities

Market

Market prices

1,271,333 ordinary shares

1,271,333

To

Ltd

purchases

16-Apr-19

26-Nov-18

TIGA Trading

Market

$nil

1,574,685 ordinary shares

1,574,685

To

Pty Ltd

purchases

16-Apr-19

Waislitz Charitable

18-Apr-19

Corporation Pty Ltd as

Market

$nil

5,425 ordinary shares

5,425

trustee for the Waislitz

purchases

Family Foundation

2-Jan-19

Market

To

Jasforce Pty Ltd

$nil

249,471 ordinary shares

249,471

purchase

18-Apr-19

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		Number and class
			securities		registered as holder		of securities
	Thorney Opportunities Ltd,
	Thorney International Pty Ltd,
	TIGA Trading Pty Ltd,		UBS Nominees Pty Ltd		Thorney Opportunities	10,519,318
	Thorney Investment Group Australia				Ltd		ordinary shares
	Pty Ltd,
	Jamahjo Pty Ltd
	Thorney International Pty Ltd,
	Thorney Investment Group Australia		HSBC Custody Nominees		Thorney International	4,000,000
	Pty Ltd,		(Australia) Ltd		Pty Ltd		ordinary shares
	Jamahjo Pty Ltd
	TIGA Trading Pty Ltd,					17,187,380
	Thorney Investment Group Australia		UBS Nominees Pty Ltd		Tiga Trading
	Pty Ltd,				Pty Ltd		ordinary shares
	Jamahjo Pty Ltd
	Waislitz Charitable Corporation Pty Ltd		Waislitz Charitable		Waislitz Family		428,925 ordinary shares
	as trustee for the Waislitz Family		Corporation
					Foundation
	Foundation		Pty Ltd
	Jasforce Pty Ltd		Jasforce Pty Ltd		Jasforce Pty Ltd		984,471 ordinary shares
5.	Changes in association

The persons who have become associates of, ceased to be associates of, or have changed the nature of their association with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name	Nature of association
6. Addresses
The addresses of persons named in this form are as follows:
Name		Address
Thorney Opportunities Ltd		Level 39, 55 Collins Street, Melbourne 3000
ACN 080 167 264
Tiga Trading Pty Ltd		Level 39, 55 Collins Street, Melbourne 3000
ACN 118 961 210
Thorney International Pty Ltd,		Level 39, 55 Collins Street, Melbourne 3000
ACN 132 886 698
Thorney Investment Group Australia Pty Ltd		Level 39, 55 Collins Street, Melbourne 3000
ACN 117 488 892
Jamahjo Pty Ltd		C/- TWF Partners, Level 4, 25 Claremont Street,
ACN 117 488 696		South Yarra, 3141
Waislitz Family Foundation Pty Ltd		Level 39, 55 Collins Street, Melbourne 3000
ACN 159 815 455
Jasforce Pty Ltd		C/- TWF Partners, Level 4, 25 Claremont Street, South Yarra,
ACN 007 167 713		3141

Signature

Print name	CRAIG SMITH ACIS, CPA	Capacity SECRETARY
Sign here		Date: 18 April 2019