Thorney Opportunities : Change in substantial holding for SXE

THORNEY OPPORTUNITIES LTD

ACN 080 167 264

CROSS RELEASE SXE

10 September 2019

BY ASX ONLINE - 4 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 10 September 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

			Form 604
			Corporations Act 2001
			Section 671B
		Notice of change of interests of substantial holder
	To:	company name/scheme	SOUTHERN CROSS ELECTRICAL ENGINEERING LTD
	ABN		92 009 307 046

1. Details of substantial holder

Name

ACN

THORNEY OPPORTUNITIES LTD and each of the entities listed in the attached Annexure 'A' to this notice.

080 167 264

There was a change in the interests of the substantial holder on	6-Sep-19
The previous notice was given to the company on	27-Jun-19
The previous notice was dated	27-Jun-19

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	36,646,377	15.66%	40,387,877	17.25%

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

Change

Person whose relevant

Nature of

Consideration

Number and class of

Person's

interest changed

change

given in

securities affected

votes

relation to

affected

Change

23-Aug-19	Thorney Opportunities	Market	Market prices	1,731,750 ordinary shares	1,731,750
To
Ltd	purchases
6-Sep-19
23-Aug-18	Thorney Investment	Market	$nil	1,909,750 ordinary shares	1,909,750
To
Group	purchases
6-Sep-19
3-Sep-19	Waislitz Family	Market	$nil	100,000 ordinary shares	100,000
Foundation	purchase

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,		UBS Nominees Pty Ltd		Thorney Opportunities	13,554,616
	Thorney Investment Group			Ltd		ordinary shares
	Thorney Investment Group		HSBC Custody Nominees		Thorney International	4,000,000
		(Australia) Ltd		Pty Ltd		ordinary shares
	Thorney Investment Group		UBS Nominees Pty Ltd		Tiga Trading	21,019,865
			Pty Ltd		ordinary shares
	Waislitz Charitable Corporation Pty Ltd		Waislitz Charitable		Waislitz Family	528,925
	as trustee for the		Corporation
			Foundation		ordinary shares
	Waislitz Family Foundation		Pty Ltd
	Jasforce Pty Ltd		Jasforce Pty Ltd		Jasforce Pty Ltd	1,284,471
				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
Associated entities	Refer Annexure 'A'

Signature

Print name	CRAIG SMITH ACIS, CPA	Capacity SECRETARY
Sign here		Date: 10 September 2019

ANNEXURE 'A'

This is Annexure A referred to in the Form 604 Notice of change of interests of substantial holder signed by me and dated 10 September 2019.

.........................................

CRAIG SMITH

Secretary

SUBSTANTIAL HOLDERS - ENTITY DETAILS

	Associated Entities		Address
	Thorney Investment Group
	Jamahjo Pty Ltd, ACN 117 488 696		c/- TWF Partners, Level 4, 25 Claremont Street, South
		Yarra, 3141
	Thistle Custodians Pty Ltd, ACN 078 027 193		Level 39, 55 Collins Street, Melbourne 3000
	Thistle Holdings Pty Ltd, ACN 075 051 464		Level 39, 55 Collins Street, Melbourne 3000
	Thorney Alpha Pty Ltd, ACN 162 820 537		Level 39, 55 Collins Street, Melbourne 3000
	Thorney Beta Pty Ltd, ACN 162 828 677		Level 39, 55 Collins Street, Melbourne 3000
	Thorney Holdings Pty Ltd, ACN 006 262 835		Level 39, 55 Collins Street, Melbourne 3000
	Thorney International Pty Ltd, ACN 132 886 698		Level 39, 55 Collins Street, Melbourne 3000
	Thorney Investment Group Australia Pty Ltd,		Level 39, 55 Collins Street, Melbourne 3000
	ACN 117 488 892
	Thorney Management Services Pty Ltd, ACN 164 880 148		Level 39, 55 Collins Street, Melbourne 3000
	Thorney Omega Pty Ltd, ACN 163 964 636		Level 39, 55 Collins Street, Melbourne 3000
	Tiga Property Pty Ltd, ACN 117 811 453		Level 39, 55 Collins Street, Melbourne 3000
	Tiga (Ballarat) Pty Ltd, ACN 117 812 030		Level 39, 55 Collins Street, Melbourne 3000
	Tiga Finance Pty Ltd, ACN 118 521 412		Level 39, 55 Collins Street, Melbourne 3000
	Tiga (Hawthorn) Pty Ltd, ACN 126 952 663		Level 39, 55 Collins Street, Melbourne 3000
	Tiga Tails Pty Ltd, ACN 080 534 416		Level 39, 55 Collins Street, Melbourne 3000
	Tiga Trading Pty Ltd, ACN 118 961 210		Level 39, 55 Collins Street, Melbourne 3000
	Other associates
	Jasforce Pty Ltd, ACN 007 167 713		c/- TWF Partners, Level 4, 25 Claremont Street, South
		Yarra, 3141
	Waislitz Charitable Corporation Pty Ltd, ACN 163 623 612		Level 39, 55 Collins Street, Melbourne 3000