GTN : Change in substantial holdingOpens in a new Window
February 10, 2021 at 08:39 pm EST
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Form 604
Corporations Act 2001
Section 671B
Notice of change of interests of substantial holder
To Company Name/Scheme ACN/ARSN:
Australian Business Register
There was a change in the interest of the substantial holder on
10 February 2021
The previous notice was given to the company on
4 February 2021
The previous notice was dated
2 February 2021
2. Previous and present voting power
GTN Ltd 38 606 841 801
Source:
1. Details of substantial holder (1)
Name:
ACN/ARSN (if applicable)
Perennial Value Management Limited (PVM) 22 090 879 904
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
Present notice
Person's votes
Voting Power (%) (5)
Person's votes
Voting Power (%) (5)
Ordinary
26,510,054
12.31
20,003,227
9.29
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
3/02/2021
BNP Paribas Securities Services
Buy On the Market
$
1,892.10
4,504
4,504
4/02/2021
BNP Paribas Securities Services
Buy On the Market
$
22,233.70
50,520
50,520
9/02/2021
National Asset Servicing
Sell On the Market
$
623,146.06
1,201,000
1,201,000
10/02/2021
National Asset Servicing
Sell On the Market
$
2,781,509.71
5,360,851
5,360,851
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
National Asset Servicing
National Asset Servicing
6,258,736
6,258,736
6,258,736
Perennial Value Management Limited
Northern Trust
Northern Trust
6,259,627
6,259,627
6,259,627
Perennial Value Management Limited
BNP Paribas Securities Services
BNP Paribas Securities Services
7,484,864
7,484,864
7,484,864
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 Sydney NSW 2000
GTN Ltd
Gtn LtdLevel 42, Northpoint 100 Miller Street, North
Signature
Print Name
Bill Anastasopoulos
Capacity
Company Secretary
Sign Here
Date 11/02/2021
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Disclaimer
GTN Limited published this content on 11 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 February 2021 01:38:05 UTC.
GTN Limited is an Australia-based supplier of traffic information reports to radio stations. The Company provides an advertising platform for advertisers in Australia, the United Kingdom, Canada, and Brazil. Its advertising platform is designed to enable advertisers, generally large national advertisers, to reach high-value demographics. It offers advertising spots on television and radio networks, adjacent to information reports that listeners are typically engaged with, such as traffic and news. Advertisers purchase a schedule of radio spots on a national, regional, or specific market basis. The schedule includes spots on all the Companyâs radio affiliates in the relevant market. Its spots are sold on a national, regional or specific market basis, making the product relevant to both nationally and regionally focused advertisers. It also operates television information services in Australia and Canada. Its geographical segments include Australia, Brazil, Canada and the United Kingdom.