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CHALLENGER LIMITED Major Shareholding Notification 2009

Apr 21, 2009

64641_rns_2009-04-21_cef14ef3-2c31-4e50-a52e-18be9244c538.pdf

Major Shareholding Notification

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Sydney

Level 15, 255 Pitt Street Sydney NSW 2000 Australia GPO Box 3698 Sydney NSW 2001 www.challenger.com.au

Telephone 02 9994 7000 Facsimile 02 9994 7777

22 April 2009

The Manager Company Announcements Office Australian Stock Exchange Limited 20 Bridge Street

SYDNEY NSW 2000

By electronic lodgement

Dear Sir

Re: Notice of change of interests of a substantial holder $\sim$ Vision Group Holdings Limited (VGH)

We enclose notice of change of interests of a substantial holder in Vision Group Holdings. This notice is given by Challenger Financial Services Group Limited and each of its subsidiaries named in Annexure 1 to this notice.

Yours faithfully

Syanne Koppenharap

Suzie Koeppenkastrop Company Secretary

attach

Melbourne Level 10, 101 Collins Street PO Box 297, Flinders Lane, Melbourne VIC 3000 Telephone 03 8616 1800 Facsimile 03 8616 1899 Brisbane Level 7, 320 Adelaide Street GPO Box 3234, Brisbane QLD 4001 Telephone 07 3218 8000 Facsimile 07 3220 3132 Perth Level 3, 55 St Georges Terrace PO Box Z5065, St Georges Terrace, Perth WA 6831 Telephone 08 9223 7800 Facsimile 08 9221 2499 Adelaide Level 1, 212 Pirie Street Adelaide SA 5000 Telephone 08 8228 3270 Facsimile 08 8212 1661

Challenger Financial Services Group Limited ABN 85 106 842 371 Challenger Group Services Pty Limited ABN 91 085 657 307
Challenger Life Company Limited ABN 44 072 486 938 AFSL 234670 Challenger Commercial Lending Limited A Challenger Kenedix Japan Trust ARSN 124 068 971 Challenger Management Services Limited ABN 29 092 382 842 AFSL 234 678 Challenger Retirement Services Pty Limited ACN115 534 453 AFSL295642 RSE Licence No. L0001304

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company name/Scheme
ACN/ARSN
Vision Group Holdings Limited
098 890 816
Details of substantial holder (1)
1.
Name Challenger Financial Services Group Limited (and the entities listed in Annexure 1)
ACN/ARSN (if applicable) 106 842 371
There was a change in the interests of the substantial holder on 20.04.2009
The previous notice was given to the company on 24.03.2009
The previous notice was dated 24.03.2009

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 relevant 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 Fully Paid 4.915.221 7.15% 4.129.743 5.94%

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 and number of
securities affected
Person's votes
affected
Refer
Annexure 2
Challenger
Financial Services
Group Limited
And each other
entity named in
Annexure 1
Refer Annexure 2 Refer Annexure 2 Refer Annexure 2 Refer Annexure 2

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
Persons entitled to be
registered as holder
(8)
Nature of relevant interest
(6)
Class and number of
securities
Person's votes
Challenger
Financial
Services
Group
Limited
And each
other entity
named in
Annexure 1
ANZ Nominees Ltd ANZ Nominees Ltd The relevant
interest arises by
Challenger
Financial Services
Group Limited and
the entites listed in
Annexure 1
61.838
(ordinary fully paid)
61,838
As above JP Morgan
Nominees
Australia Ltd
JP Morgan
Nominees
Australia Ltd
The relevant
interest arises by
Challenger
Financial Services
Group Limited and
the entites listed in
Annexure 1
4.067.905
(ordinary fully paid)
4,067,905

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 fo

ACN/ARSN (if
(if applicable)
Name and
Nature
nciation
EXLIFE YIIFA
ורו ٦F

6. Addresses

The addresses of persons named in this form are as follows:

Name Address
Challenger Financial Services Group Limited
And each other entity named in Annexure 1
Level 15, 255 Pitt Street, Sydney NSW 2000

Signature

print name Suzie Koeppenkastrop capacity Company Secretary
Syame Kopenharap date 22/04/2009

This is page 1 of 4 pages of Annexure 1 referred to in Form 604 signed by me and dated 22/04/2009

Syanne Koppenharrop

Suzie Koeppenkastrop

Company Secretary

Company/Scheme ABN/ARSN
Challenger Financial Services Group Limited 85 106 842 371
Allfine Holdings Pty Ltd 84 100 231 918
Bluezen Pty Ltd 94 100 220 175
CDPG Australia Pty Limited 124 498 095
Cescade Pty Limited 76 096 097 399
CFSG Holdings No. 2 Victoria Pty Limited 107 601 605
Challenger Boutique (GFI) Holdings Pty Limited 123 319 460
Challenger Boutique Ardea Holdings Pty Ltd 133 865 853
Challenger Boutique Holdings Pty Limited 123 318 650
Challenger Boutique Wavestone Holdings Pty Ltd 133 626 276
Challenger Broker Support Services Pty Ltd 130 012 930
Challenger Capital Markets Limited 38 099 742 122
Challenger Commercial Lending Limited 65 000 033 143
Challenger Diversified Property Development Pty Limited 121 624 833
Challenger FM Nominees Limited 130 035 353
Challenger Funds Management Holdings Pty Limited 107 728 030
Challenger Group Holdings Limited 50 002 993 302
Challenger Group Pty Ltd 85 003 374 196
Challenger Group Services Pty Ltd 91 085 657 307
Challenger Inventory Finance Servicing Pty Limited 36 107 706 810
Challenger LBC Terminals Australia Pty Limited 125 211 770
Challenger Life Company Holdings Pty Ltd 60 006 381 193
Challenger Life Company Limited 44 072 486 938
Challenger Life Holdings Pty Limited 85 080 036 657
Challenger Life Nominees No.2 Limited 34 078 627 013
Challenger Life Nominees Pty Ltd 39 091 336 793
Challenger Limited 38 087 464 131
Challenger Listed Investments Limited 94 055 293 644
Challenger Managed Investments (International) Pty Ltd 120 871 212
Challenger Managed Investments Limited 94 002 835 592
Challenger Management Services Limited 29 092 382 842
Challenger Margin Lending Pty Limited 47 091 338 822
Challenger Mortgage Management Holdings Pty Limited 57 095 300 502
Challenger Mortgage Management Pty Limited 72 087 271 109
Challenger Non-Conforming Finance Pty Ltd 107 725 486
Challenger Originator Finance Pty Ltd 095 085 466
Challenger Property Asset Management Pty Ltd 90 077 569 021
Challenger Retirement Services Pty Ltd 115 534 453
Challenger Securities (NZ) Pty Ltd 087 271 136
Challenger Securitisation Management Pty Limited 56 100 346 898
Challenger Skybridge (Fund) Holding Company Pty Ltd 130 888 292
Challenger Skybridge (Group) Holding Company Pty Ltd 130 888 327
Challenger Skybridge (Hastings) Holding Company Pty Ltd 130 888 274
Challenger Special Servicing Pty Ltd
Challenger Strategic Capital Pty Limited
77 107 707 415
116 411 388

This is page 2 of 4 pages of Annexure 1 referred to in Form 604 signed by me and dated 22/04/2009

Syame Kopenharap

Suzie Koeppenkastrop

Company Secretary

Company/Scheme ABN/ARSN
Challenger Superannuation Pty Ltd 52 006 475 501
Challenger Treasury Limited 47 093 307 996
Challenger US Infrastructure Holdings Pty Ltd 117 401 519
Choice Lend Pty Ltd 135 459 326
CPHIC Investments Pty Ltd 95 093 340 526
CSPP1 Broadbeach Pty Ltd 122 460 977
CSPP1 Investment Company 1 Pty Limited 120 463 023
CSPP1 Maitland Pty Ltd 122 460 968
CSPP1 Mavis Court Pty Ltd 122 461 983
EMIF Holdings Pty Ltd 130 565 169
Encap Funds Management Pty Limited 125 069 712
Endowment Warrants Limited 45 009 568 503
Fintrack Members Pty Ltd 100 143 744
FXF Holdings Pty Ltd 080 419 512
GasValpo Finance Pty Ltd 003 376 529
Inexus Australian Holdings Company Limited 115 840 661
Interstar Home Loan Corporation Pty Limited 058 891 302
Interstar Mortgage Management Pty Ltd 082 014 702
Interstar Non-Conforming Finance Management Pty Ltd 107 707 406
Interstar Securities (International) Pty Ltd 087 271 225
Interstar Wholesale Finance Holdings Pty Limited 087 284 240
Maitland Nominee Holdings Pty Limited 122 853 114
Mavis Court Development Co Pty Limited 124 112 956
Mawbury Pty Limited 95 096 097 479
Mortgage Support Services Pty Ltd 100 178 747
MSS MF Pty Ltd 007 717 142
MSS MFA Pty Ltd 090 886 187
Pennley Pty Ltd 071 979 498
Plan Australia Financial Services Pty Ltd 119 656 772
Plan Australia Operations Pty Ltd
Plan Australia Pty Ltd
099 682 050
Plan Connect Pty Ltd 085 219 996
120 567 491
Plan Group Holdings Pty Ltd 117 651 760
Plan Group Nominees Pty Ltd 117 652 052
Plan Lending Pty Ltd 120 569 968
Plan Technologies Pty Ltd 089 152 189
Professional Lenders Association Network of Australia Pty Ltd 086 460 833
Talavera Herring Pty Limited 34 086 068 984
The Liberty Group Consortium Pty Ltd 79 082 564 289
TLG Services Pty Limited 20 092 500 608
TLGH Pty Limited 85 092 927 467
Waterford County Pty Limited 122 853 089
Women in Mortgage Business Network Pty Ltd 120 573 882

This is page 3 of 4 pages of Annexure 1 referred to in Form 604 signed by me and dated 22/04/2009

Syame Kopenharap

Suzie Koeppenkastrop Company Secretary

Overseas Companies
Appia Europe Limited
Appia Finance 2 Limited
Appia Finance Limited
Appia Group Limited (Jersey)
Appia Investments Limited
CDPG Luxembourg Holdings SARL
CDPG Luxembourg II SARL
CDPG Luxembuorg SARL
CDPG Malta Limited
Challenger Connections Limited
Challenger Connections Mid Company Limited
Challenger DPG France II SAS
Challenger DPG France SAS
Challenger Group Services (UK) Limited
Challenger Harbourmasters Holdings Jersey Limited
Challenger Holding (Vagyonkezelo) KFT
Challenger Hungary International Capital Investment and Management Ltd Liability
Company
Challenger Jersey I3 Limited
Challenger Jersey Management Limited
Challenger Jersey Trustee Limited
Challenger LBC Terminals Holding Company Limited
Challenger LBC Terminals Jersey Limited
Challenger LBC Terminals Limited
Challenger Life (UK) Limited
Challenger Luxembourg Holding No. 1A SARL
Challenger Luxembourg Holding No. 1B SARL
Challenger Luxembourg Holding No. 2 SARL
Challenger Management Services (UK) Limited
Challenger MBK Emerging Market Infrastructure Fund Pte. Ltd
Challenger MBK Fund Management Pte. Ltd
Challenger Mortgage Management NZ Limited
Challenger Northern Gas Ltd (Jersey)
Challenger SCR LLP Member Limited
Challenger SkyBridge Fund (LP) Limited
Challenger SkyBridge Fund (SLP) Limited
Challenger South Monaco LLC
Challenger Southern Water Limited
Challenger Structured Credit Management Limited
Challenger Towers Ltd (Jersey)
Challenger UK Tank Storage Limited
Challenger UK Terminals Ltd
Challenger Wales and the West Gas Ltd (Jersey)

$\bar{\nu}$

This is page 4 of 4 pages of Annexure 1 referred to in Form 604 signed by me and dated 22/04/2009

Syanne Koppenharap

Suzie Koeppenkastrop Company Secretary

Overseas Companies
Challenger Welcome Break Limited
Clashfern Investments (UK) Limited
CMS (UK) Pty Limited
GasValpo Jersey Holding Company Limited
Greensands Holdings Jersey Limited
GV Cayman Company Limited
GV Chile Holding Limitada
GV Chile Limitada
GV Jersey Trustee Company Limited
GV Jersey Trustee Company No. 2 Limited
Inexus Group Holdings
Inexus Group Limited
Interstar Home Loan Corporation NZ Limited (Foreign)
Kabushiki Kaisha C & K
Lazor
Mangro
Namroc
Oikos Limited
Oikos Storage Limited
Rozal
Rozalia Park
Sabrand Limited
SCI Aulnay Invest
SCI Gennevilliers Invest
Structured Credit Research LLP
ZCM Australia Asset Holdings Limited (Foreign)

This is page 1 of 2 page of Annexure 2 referred to in Form 604 signed by me and dated 22/04/2009

Syame Kopenhabop -
Suzie Koeppenkastrop

احا
Vision Group Holdings Limited (VGH)
As at 20/04/2009
Ordinary Fully Paid

Date of Change Holder of relevant interest Nature of Change Consideration Number of securities Person's Votes Affected
Challenger Financial Services Group Limited ( the entities
01/12/2008 listed in Annexure 1) Buy 1,257.10 2,143 2,143
12/12/2008 As above Sell 42.68 $-85$ 85
15/12/2008 As above Sell 16.41 $-33$ 33
16/12/2008 As above
17/12/2008 As above
Sell
Sell
7.99 $-17$ 17
18/12/2008 As above Sell 22.96
8.43
$-48$
$-18$
48
19/12/2008 As above Sell 2.81 $-6$ 18
$\overline{6}$
22/12/2008 As above Sell 19.29 $-44$ 44
23/12/2008 As above Sell 0.43 $-1$ 1
30/12/2008 As above Sell 134.41 $-213$ 213
31/12/2008 As above Sell 0.62 $-1$ 1
19/01/2009 As above
20/01/2009 As above
Sell
Sell
8.93
22.52
$-16$ 16
21/01/2009 As above Sell 16.85 $-40$
$-30$
40
30
23/01/2009 As above Sell 10.83 $-20$ 20
29/01/2009 As above Sell 18.43 $-37$ 37
30/01/2009 As above Sell 31.89 $-64$ 64
02/02/2009 As above Sell 7.82 $-16$ 16
10/02/2009 As above Sell 35.07 $-79$ 79
11/02/2009 As above
12/02/2009 As above
Sell
Sell
15.24
1.35
$-34$
$-3$
34
3
13/02/2009 As above Sell 19.44 $-43$ 43
17/02/2009 As above Sell 17.52 $-35$ 35
16/03/2009 As above Sell 38.66 $-83$ 83
19/03/2009 As above Sell 7.07 $-14$ 14
20/03/2009 As above Sell 59.25 $-119$ 119
24/03/2009 As above
24/03/2009 As above
Sell
Sell
14.83
6,298.17
$-29$
$-12,325$
29
12.325
24/03/2009 As above Sell 851.34 $-1,666$ 1,666
24/03/2009 As above Sell 2,920.41 $-5.715$ 5,715
24/03/2009 As above Sell 3,257.17 $-6,374$ 6,374
24/03/2009 As above Sell 1,823.79 $-3.569$ 3,569
24/03/2009 As above Sell 1,910.14 $-3,738$ 3,738
24/03/2009 As above
25/03/2009 As above
Sell
Sell
1,882.55 $-3,684$ 3,684
25/03/2009 As above Sell 2.57
1,023.01
$+5$
$-1,993$
1,993
25/03/2009 As above Sell 138.08 $-269$ 269
25/03/2009 As above Sell 474.29 $-924$ 924
25/03/2009 As above Sell 529.22 $-1,031$ 1,031
25/03/2009 As above Sell 296.18 $-577$ 577
25/03/2009 As above
25/03/2009 As above
Sell 310.56 $-605$ 605
26/03/2009 As above Sell
Sell
305.93
28.83
$-596$
$-53$
596
53
26/03/2009 As above Sell 12,025.63 $-22,106$ 22,106
26/03/2009 As above Sell 1,624.92 $-2,987$ 2,987
26/03/2009 As above Sell 5,575.99 $-10,250$ 10.250
26/03/2009 As above Sell 6,219.00 $-11,432$ 11,432
26/03/2009 As above
26/03/2009 As above
Sell
Sell
3,482.68
3,646.96
$-6,402$
$-6,704$
6,402
6,704
26/03/2009 As above Sell 3,594.20 $-6,607$ 6,607
27/03/2009 As above Sell 2.24 $-4$
27/03/2009 As above Sell 829.19 $-1,479$ 1,479
27/03/2009 As above Sell 112.13 $-200$ 200
27/03/2009 As above Sell 384.60 $-686$ 686
27/03/2009 As above
27/03/2009 As above
Sell
Sell
428.89 $-765$ 765
27/03/2009 As above Seil 240.52
251.72
$-429$
$-449$
429
449
27/03/2009 As above Sell 247.80 $-442$ 442
30/03/2009 As above Sell 5.48 $-10$ 10 1
30/03/2009 As above Sell 2,305.67 $-4,206$ 4,206
30/03/2009 As above Sell 311.37 $-568$ 568
30/03/2009 As above
30/03/2009 As above
Sell
Sell
1,068.96 $-1,950$ 1,950
30/03/2009 As above Sell 1,192.30
667.69
$-2,175$
$-1,218$
2,175
1,218
30/03/2009 As above Sell 698.94 $-1,275$ 1,275
30/03/2009 As above Sell 689.07 $-1257$ 1.257
31/03/2009 As above Sell 22.50 $-41$ 41
31/03/2009 As above Sell 9462.19 $-17239$ 17.239
31/03/2009 As above
31/03/2009 As above
Sell
Sell
1278.34 $-2329$
$-7992$
2,329
31/03/2009 As above Sell 4386.67
4,892.74
$-8.914$ 7,992
8,914
31/03/2009 As above Sell 2,740.01 $-4,992$ 4.992
31/03/2009 As above Sell 2,869.56 $-5.228$ 5,228
31/03/2009 As above Sell 2,827.85 $-5,152$ 5,152
01/04/2009 As above Sell 20.95 $-39$ 39
01/04/2009 As above
01/04/2009 As above
Sell
Sell
8,770.12
1,185.42
$-16,328$
$-2,207$
16,328
2,207
Date of Change Holder of relevant interest Nature of Change Consideration Number of securities Person's Votes Affected
01/04/2009 As above Sell 4.066.55 $-7.571$ 7.571
01/04/2009 As above Sell 4.535.45 $-8.444$ 8,444
01/04/2009 As above Sell 2,540.04 $-4729$ 4.729
01/04/2009 As above Sell 2.659.82 $-4952$ 4,952
01/04/2009 As above Sell 2,621.69 $-4881$ 4,881
02/04/2009 As above Sell 30.89 $-57$ 57
02/04/2009 As above Sell 12,999.78 $-23989$ 23,989
02/04/2009 As above Sell 1,756.86 $-3242$ 3,242
02/04/2009 As above Sell 6,027.63 $-11123$ 11,123
02/04/2009 As above Sell 6,722.35 $-12405$ 12,405
02/04/2009 As above Sell 3,764.62 $-6947$ 6,947
02/04/2009 As above Sell 3,942.36 $-7275$ 7,275
02/04/2009 As above Sell 3,885.47 $-7170$ 7,170
08/04/2009 As above Buy 3,583.97 7314 7,314
08/04/2009 As above Buy 2,078.28 4241 4.241
08/04/2009 As above Sell 88,963.89 $-156077$ 156,077
15/04/2009 As above Sell 24.30 $-46$ 46
15/04/2009 As above Sell 10,165.13 $-19243$ 19,243
15/04/2009 As above Sell 1,373.46 $-2600$ 2.600
15/04/2009 As above Sell 5,256.63 $-9951$ 9.951
15/04/2009 As above Sell 2.943.41 $-5572$ 5.572
15/04/2009 As above Sell 3,082.87 $-5836$ 5,836
15/04/2009 As above Sell 3,038.49 $-5752$ 5,752
16/04/2009 As above Sell 16.46 $-31$ 31
16/04/2009 As above Sell 6.849.29 $-12893$ 12,893
16/04/2009 As above Sell 925.42 $-1742$ 1,742
16/04/2009 As above Sell 3.541.78 $-6667$ 6,667
16/04/2009 As above Sell 1,983.65 $-3734$ 3,734
16/04/2009 As above Sell 2.077.15 $-3910$ 3,910
16/04/2009 As above Sell 2,046.87 $-3853$ 3.853
17/04/2009 As above
17/04/2009 As above
Sell 56.61 $-111$ 111
17/04/2009 As above Sell 23,668.10 $-46407$ 46,407
Sell 3,198.28 $-6271$ 6,271
17/04/2009 As above Sell 12,239.26 $-23998$ 23.998
17/04/2009 As above Sell 6,854.05 $-13439$ 13,439
17/04/2009 As above
17/04/2009 As above
Sell
Sell
7,177,39 $-14073$ 14,073
20/04/2009 As above Sell 7.074.37
69.65
$-13871$
$-134$
13.871
20/04/2009 As above Sell 28,984.97 $-55764$ 134
55,764
20/04/2009 As above Sell 3,916.53 $-7535$ 7.535
20/04/2009 As above Sell 14,989.39 $-28838$ 28,838
20/04/2009 As above Seil 8,393.90 $-16149$ 16,149
20/04/2009 As above Sell 8,790.50 $-16912$ 16,912
20/04/2009 As above Sell 8.663.67 $-16668$ 16,668