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SOUTHERN CROSS MEDIA GROUP LIMITED

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Southern Cross Media : Becoming a substantial holder from CBA

01/16/2022 | 11:15pm EDT
Form 603
Corporations Act 2001
Section 671B
Notice of initial substantial holder

To: Company Name/Scheme:

SOUTHERN CROSS MEDIA GROUP LIMITED

ACN/ARSN:

116 024 536

1. Details of substantial holder

Name

Commonwealth Bank of Australia ACN 123 123 124 (CBA) and its related bodies corporate listed in annexure A

The holder became a substantial holder on:

13/01/2022

2. Details of voting power

onlyThe total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or

use

an associate had a relevant interest in on the date the substantial holder became a substantial holder are as follows:

Class of securities

Number of securities

Person's votes

Voting power (%)

Fully paid Ordinary shares

3,270,716

3,270,716

1.24%

For the Securities (if any) listed below see NOTE 1 at the end of this form

Class of securities

Number of securities

Person's votes

Voting power (%)

Fully paid Ordinary shares

10,027,368

10,027,368

3.80%

Class of securities

Number of securities

Person's votes

Voting power (%)

GRAND TOTAL

Fully paid Ordinary shares

13,298,084

13,298,084

5.03%

For personal

1

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

onlyCBA and its related bodies corporate listed in Annexure A

Avanteos Investments Limited ACN 096 259

use979

Commonwealth Bank of Australia ACN 123 123 124

personalCommonwealth Bank Officers Superannuation Corporation Pty Limited ACN 074 519 798

Colonial First State Investments Limited (Note 1) ACN 002 348 352

For

Nature of relevant interest

Class and number of securities

Relevant interest under paragraph 608(3)(a) of the

Corporations Act 2001 (Cth), being a relevant interest

arising as a result of CBA and its related bodies

corporate listed in Annexure A having voting power in

Avanteos Investments Limited and Colonial First

State Investments Limited above 20%,and therefore

10,132,113 Fully paid Ordinary shares

having the relevant interests in any securities that

either of Avanteos or Colonial First State has. As

neither CBA nor any of its related bodies corporate are

entitled to be registered as the holder of those

securities, their ability to vote and dispose of those

securities is qualified accordingly.

Relevant interest under paragraph 608(1)(a), 608(1)(b)

and 608(1)(c) of the Corporations Act 2001 (Cth),

being a relevant interest arising as a result of being the

registered holder of the relevant securities in its

capacity as a superannuation trustee and in its capacity

as administrator of managed accounts. In addition, if

104,745 Fully paid Ordinary shares

any OTC derivatives, warrants or other securities

(other than ordinary shares or ordinary units (as

applicable)) are referred to below in this row, the

relevant interest in respect of those securities arises

under subsection 608(8) being an accelerated relevant

interest held in the same capacity.

Relevant interest under paragraph 608(1)(b) and/or

608(1)(c) of the Corporations Act 2001 (Cth), being a

Fully paid Ordinary shares(including

relevant interest arising as a result of having the power

137,768

137,768 borrowed from Merrill Lynch

to control the exercise of the right to vote attached to

International, see Annexure C)

securities and/or to control the exercise of the power to

dispose of securities in a proprietary capacity.

Relevant interest under paragraph 608(1)(b) and/or

608(1)(c) of the Corporations Act 2001 (Cth), being a

relevant interest arising from having the power to

control the exercise of the right to vote attached to

securities and/or to control the exercise of the power to

dispose of securities in its capacity as trustee for the

Officers' Superannuation Fund. In addition, if any

3,028,203 Fully paid Ordinary shares

OTC derivatives, warrants or other securities (other

than ordinary shares or ordinary units (as applicable))

are referred to below in this row, the relevant interest

in respect of those securities arises under subsection

608(8) being an accelerated relevant interest held in

the same capacity.

Relevant interest under paragraph 608(1)(b) and/or

608(1)(c) of the Corporations Act 2001 (Cth), being a

relevant interest arising from having the residual

power to control the exercise of the right to vote

attached to securities and/or to control the exercise of

the power to dispose of securities in its capacity as a

responsible entity of a managed investment scheme

(which managed investment scheme is not managed

by either Colonial First State Investments Limited or a

related body corporate). In addition, if any OTC

derivatives, warrants or other securities (other than

ordinary shares or ordinary units (as applicable)) are

referred to below in this row, the relevant interest in

10,027,368 Fully paid Ordinary shares

respect of those securities arises under subsection

608(8) being a residual accelerated relevant interest

held in the same capacity. Colonial First State

Investments Limited has authorised the manager of

each such managed investment scheme to exercise the

powers referred to in paragraph 608(1)(b) and/or

608(1)(c) of the Corporations Act 2001 (Cth) in

relation to those securities managed by the manager to

the exclusion of Colonial First State Investments

Limited except for provisions allowing Colonial First

State Investments Limited to terminate the agreement

with the manager or to exercise those powers where

the agreement is terminated.

2

Colonial First State Investments Limited ACN 002 348 352

For personal use only

Relevant interest under paragraph 608(1)(b) and/or 608(1)(c) of the Corporations Act 2001 (Cth), being a relevant interest arising from having the power to control the exercise of the right to vote attached to securities and/or to control the exercise of the power to dispose of securities in its capacity as a responsible

entity of a managed investment scheme (which10,027,368 Fully paid Ordinary shares managed investment scheme is managed by Colonial

First Statement Investments Limited or a related body corporate). In addition, if any OTC derivatives, warrants or other securities (other than ordinary shares or ordinary units (as applicable)) are referred to below in this row, the relevant interest in respect of those securities arises under subsection 608(8) being an accelerated relevant interest held in the same capacity.

3

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

Registered holder of

Person entitled to be

Class and number of securities

interest

securities

registered as holder

Avanteos Investments Limited ACN 096 259

Avanteos Investments Limited

104,745

Fully paid Ordinary

979

shares

onlyusepersonalFor

Commonwealth Bank of Australia ACN 123

The Bank Of New York Mellon,

137,768

Fully paid Ordinary

123 124

Sydney Branch

shares

Commonwealth Bank Officers

Citicorp Nominees Pty Limited

Fully paid Ordinary

Superannuation Corporation Pty Limited ACN

3,028,203

074 519 798

(Australia)

shares

Colonial First State Investments Limited (Note

Fully paid Ordinary

1) ACN 002 348 352

Citibank N A Hong Kong

3,880,492 shares

Colonial First State Investments Limited (Note

Citicorp Nominees Pty Limited

3,484,055

Fully paid Ordinary

1) ACN 002 348 352

(Australia)

shares

Colonial First State Investments Limited (Note

Fully paid Ordinary

1) ACN 002 348 352

Northern Trust Company

2,099,245 shares

Colonial First State Investments Limited (Note

UBS Nominees Pty Ltd

563,576

Fully paid Ordinary

1) ACN 002 348 352

shares

4

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

Date of acquisition

Consideration

Class and number of securities

interest

Cash

Non-cash

See annexure B to this notice

For personal use only

5

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Disclaimer

Southern Cross Media Group Ltd. published this content on 17 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 January 2022 04:14:01 UTC.


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