SRG Global : Change in substantial holding

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	SRG Global Ltd
ACN/ARSN:	81 104 662 259	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	7 December 2020
The previous notice was given to the company on	16 September 2020
The previous notice was dated	14 September 2020

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)

Class of securities (4)	Previous notice			Present notice
	Person's votes		Voting Power (%) (5)	Person's votes	Voting Power (%) (5)
Ordinary		54,008,404	12.12	46,980,988	10.54

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

Date of change	Person whose relevant	Nature of change (6)	Consideration given in	Class & number of	Person's votes affected
	interest changed		relation to change (7)	securities affected
	15/09/2020 BNP Paribas Securities	Sell On the Market	$	10,199.11	28,899	28,899
	Services
	15/09/2020 National Asset Servicing	Sell On the Market	$	12,798.73	36,265	36,265
	15/09/2020 Northern Trust	Sell On the Market	$	12,986.48	36,797	36,797
	16/09/2020 BNP Paribas Securities	Sell On the Market	$	16,878.18	48,234	48,234
	Services
	16/09/2020 National Asset Servicing	Sell On the Market	$	21,180.14	60,528	60,528
	16/09/2020 Northern Trust	Sell On the Market	$	21,490.52	61,415	61,415
	17/09/2020 BNP Paribas Securities	Sell On the Market	$	3,589.16	10,257	10,257
	Services
	17/09/2020 National Asset Servicing	Sell On the Market	$	4,503.86	12,871	12,871
	17/09/2020 Northern Trust	Sell On the Market	$	4,570.00	13,060	13,060
	18/09/2020 BNP Paribas Securities	Sell On the Market	$	9,024.92	26,946	26,946
	Services
	18/09/2020 National Asset Servicing	Sell On the Market	$	11,325.19	33,814	33,814
	18/09/2020 Northern Trust	Sell On the Market	$	0.33	1	1
	18/09/2020 Northern Trust	Sell On the Market	$	11,490.99	34,309	34,309
	6/10/2020 BNP Paribas Securities	Sell On the Market	$	51,637.19	164,289	164,289
	Services
	13/10/2020 BNP Paribas Securities	Sell On the Market	$	2,453.84	7,432	7,432
	Services
	14/10/2020 BNP Paribas Securities	Sell On the Market	$	5,518.63	16,760	16,760
	Services
	15/10/2020 BNP Paribas Securities	Sell On the Market	$	121,700.06	367,043	367,043
	Services
	20/10/2020 National Asset Servicing	Buy On the Market	$	43,471.77	136,104	136,104
	3/11/2020 National Asset Servicing	Buy On the Market	$	58,436.28	194,360	194,360
	10/11/2020 BNP Paribas Securities	Buy On the Market	$	13,955.14	44,473	44,473
	Services
	10/11/2020 National Asset Servicing	Buy On the Market	$	77,553.85	247,153	247,153
	10/11/2020 Northern Trust	Buy On the Market	$	55,934.11	178,254	178,254
	27/11/2020 BNP Paribas Securities	Sell On the Market	$	33,318.66	95,000	95,000
	Services
	1/12/2020 BNP Paribas Securities	Sell On the Market	$	37,479.27	100,234	100,234
	Services
	3/12/2020 BNP Paribas Securities	Sell On the Market	$	68,354.89	171,264	171,264
	Services
	3/12/2020 BNP Paribas Securities	Sell On the Market	$	92,299.69	231,258	231,258
	Services
	3/12/2020 National Asset Servicing	Sell On the Market	$	382,075.18	957,294	957,294
	3/12/2020 National Asset Servicing	Sell On the Market	$	80,712.84	202,227	202,227
	3/12/2020 National Asset Servicing	Sell On the Market	$	85,738.55	214,819	214,819
	3/12/2020 Northern Trust	Sell On the Market	$	152,726.86	382,659	382,659
	4/12/2020 BNP Paribas Securities	Sell On the Market	$	25,369.44	60,046	60,046
	Services
	4/12/2020 National Asset Servicing	Buy On the Market	$	25,369.44	60,046	60,046
	7/12/2020 BNP Paribas Securities	Sell On the Market	$	560,725.84	1,291,867	1,291,867
	Services
	7/12/2020 BNP Paribas Securities	Sell On the Market	$	314,605.64	724,826	724,826
	Services
	7/12/2020 National Asset Servicing	Sell On the Market	$	529,900.54	1,220,848	1,220,848

7/12/2020 Northern Trust

Sell On the Market

$

554,074.99

1,276,544

1,276,544

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	Nature of relevant	Class & number of	Person's votes
	securities	registered as holder (8)	interest (6)	securities (Ord)

Perennial Value Management	National Asset Servicing	National Asset Servicing	17,936,209	17,936,209	17,936,209
Limited
Perennial Value Management	Northern Trust	Northern Trust	11,174,476	11,174,476	11,174,476
Limited
Perennial Value Management	BNP Paribas Securities Services	BNP Paribas Securities	17,870,303	17,870,303	17,870,303
Limited	Services

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

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
SRG Global Ltd	Srg Global Ltd338 Barker Road Level 1, Subiaco, Wa 6008
Signature
Print Name	Bill Anastasopoulos	Capacity	Company Secretary
Sign Here			9/12/2020