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CHALLENGER LIMITED Major Shareholding Notification 2012

Nov 11, 2012

64641_rns_2012-11-11_19a86a76-ca8f-4c38-80ac-50c22d3a812f.pdf

Major Shareholding Notification

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Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme CHALLENGER LIMITED
ACN/ARSN

1. Details of substantial holder(1)

Name PARADICE INVESTMENT MANAGEMENT PTY LTD
ACN/ARSN (if applicable) ABN 64 090 148 619
There was a change in the interests of the
substantial holder on
08, 11, 12
The previous notice was given to the company on
The previous notice was dated
29,03,12
27,03,12

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)
FPO 27,885,690 5.046% 33,262,671 6.059%

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
SEE ANNEXURE 1

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 and
number of
securities
FPO
Person's votes
PIM P/L National Noms National Noms Investment Mgr 13,820,950 13,820,950
PIM P/L JP Morgan Noms JP Morgan Noms Investment Mgr 6,561,808 6,561,808
PIM P/L HSBC NOMS HSBC NOMS Investment Mgr 12,879,913 12,879,913

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 and ACN/ARSN (if applicable) Nature of association
_____ Contract Contract Contract Contract

6. Addresses

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

Name Address
Paradice Investment Mgt P/L L12, 139 Macquarie Street, SYDNEY NSW 2000
Signature
TONY HAMMOND
print name
COMPANY SECRETARY
capacity
sign here
Waxamine
12/11/12
date

DIRECTIONS

  • $(1)$ If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form
  • See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$
  • $(3)$ See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
  • The voting shares of a company constitute one class unless divided into separate classes. $(4)$
  • $(5)$ The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
  • $(6)$ Include details of:
  • $(a)$ any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
  • any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to $(b)$ which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

  • $(7)$ Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, becom'e entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.
  • $(8)$ If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".
  • $(9)$ Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

NOTICE OF CHANGE OF INTERESTS OF SUBSTANTIAL SHAREHOLDER

ANNEXURE 1

STOCK: CHALLENGER LIMITED

3. CHANGES IN RELEVANT INTERESTS

CONSIDERATION CLASS & NO. PERSON'S
PERSON WHOSE RELEVANT GIVEN IN RELATION OF SECURITIES VOTES
DATE OF CHANGE INTEREST CHANGED NATURE OF CHANGE TO CHANGE \$ AFFECTED AFFECTED
28-Mar-12 PARADICE INVESTMENT MGT P/L Share Purchase \$2,165,403.78 563,056 563,056
29-Mar-12 PARADICE INVESTMENT MGT P/L Share Purchase \$954,806.81 250,000 250,000
30-Mar-12 PARADICE INVESTMENT MGT P/L Share Purchase \$252,218.33 66,069 66,069
19-Apr-12 PARADICE INVESTMENT MGT P/L Share Purchase \$527,858.83 39,471 139,471
1-May-12 PARADICE INVESTMENT MGT P/L Share Sale \$1,998,949.94 500,000 500,000
10-May-12 PARADICE INVESTMENT MGT P/L Share Sale \$765,946.25 206,669 206,669
28-May-12 PARADICE INVESTMENT MGT P/L Share Purchase \$37,577.12 11,382 11,382
$4$ -Jun-12 PARADICE INVESTMENT MGT P/L Share Sale \$509,048.56 165,271 165,271
14-Jun-12 PARADICE INVESTMENT MGT P/L Share Purchase \$247,249.89 80,502 80,502
$22$ -Jun-12 PARADICE INVESTMENT MGT P/L Share Purchase \$1,509.51 479 479
29-Jun-12 PARADICE INVESTMENT MGT P/L Share Sale \$1,822.44 561 561
$2 -$ Jul-12 PARADICE INVESTMENT MGT P/L Share Purchase \$110,709.34 33,237 33,237
$4 -$ Jul-12 PARADICE INVESTMENT MGT P/L Share Purchase \$847,388.50 250,000 250,000
$5 -$ Jul-12 PARADICE INVESTMENT MGT P/L Share Purchase \$2,645,486.71 771,898 771,898
$13 - Jul - 12$ PARADICE INVESTMENT MGT P/L Share Purchase \$1,614,875.32 500,000 500,000
$18 - Jul - 12$ PARADICE INVESTMENT MGT P/L Share Purchase \$100,580.78 30,853 30,853
$19 -$ Jul-12 PARADICE INVESTMENT MGT P/L Share Purchase \$2,152,737.88 644,193 644,193
$20 - Jul - 12$ PARADICE INVESTMENT MGT P/L Share Purchase \$2,351,424.09 700,000 700,000
$23 - Ju - 12$ PARADICE INVESTMENT MGT P/L Share Purchase \$2,282,760.81 690,000 690,000
$24 -$ Jul-12 PARADICE INVESTMENT MGT P/L Share Purchase \$807,443.85 250,000 250,000
25-Jul-12 PARADICE INVESTMENT MGT P/L Share Purchase \$683,083.34 213,513 213,513
26-Jul-12 PARADICE INVESTMENT MGT P/L Share Purchase \$257,481.91 80,010 80,010
3-Aug-12 PARADICE INVESTMENT MGT P/L Share Purchase \$388,999.16 17,240 17,240
10-Aug-12 PARADICE INVESTMENT MGT P/L Share Sale \$156,885.24 45,494 45,494
$1 -$ Sep-12 PARADICE INVESTMENT MGT P/L Share Purchase \$424,654.07 123,034 123,034
2-Sep-12 PARADICE INVESTMENT MGT P/L Share Purchase \$261,690.88 77,161 77,161
7-Sep-12 PARADICE INVESTMENT MGT P/L Share Sale \$759,151.02 221,836 221,836
25-Sep-12 PARADICE INVESTMENT MGT P/L Share Sale \$1,089,265.24 334,588 334,588
8-Sep-12 PARADICE INVESTMENT MGT P/L Share Sale \$1,712.72 524 524
8-Oct-12 PARADICE INVESTMENT MGT P/L Share Sale \$827,307.31 245,391 245,391
9-Oct-12 PARADICE INVESTMENT MGT P/L Share Sale \$2,463,040.39 750,000 750,000
31-Oct-12 PARADICE INVESTMENT MGT P/L Share Purchase \$16,858.32 5,217 5,217
$s-Nov-12$ PARADICE INVESTMENT MGT P/L Share Purchase \$6,870,307.52 2,250,000 2,250,000
Total Purchases
Total Sales
26,003,106.75 7,847,315 7,847,315
8,573,129.11 2,470,334 2,470,334
Total 17,429,977.64 5,376,981 5,376,981

This is annexure 1 of 1 pages referred to in form 604 Notice of change of Interests of Substantial Shareholder

5,376,981

5,376,981

COLLOUAR 12/11/2012

COMPANY SECRETARY