Syrah Resources

Published : December 21st, 2015

Becoming a substantial holder from NAB

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Becoming a substantial holder from NAB

Corporations Law Form 603


Form 603

Corporations Act 2001

Notice of initial substantial holder Section 671B


To:Company Name/Scheme


ACN

SYR

The Secretary

Syrah Resources Limited Level 9

356 Collins Street

Melbourne VIC 30060


PH: (03) 9670 7264

Fax: (03) 9642 0698


125 242 284

1. Details of substantial shareholder

Name

ACN (if applicable)


National Australia Bank Limited and its associated entities listed in Annexure A (ACN 004 044 937)

The holder became a substantial holder on 04/11/2015


  1. Details of 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 had a relevant interest in on the date the substantial holder became a substantial holder are as follows:

    Class of securities

    Number of securities

    Persons' votes

    Voting power

    Fully paid ordinary shares

    11,958,578

    11,958,578

    5.189%


  2. 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

    Nature of relevant interest

    Class and number of securities

    MLC Investments Limited

    Power to control the voting and

    /or disposal of securities pursuant to its position as the responsible entity or trustee of various managed investment schemes and trusts

    Fully paid ordinary shares

    6,748,785

    Antares Capital Partners Limited

    Power to control the voting and

    /or disposal of securities pursuant to its position as the responsible entity or trustee of certain managed investment schemes or trusts.

    Fully paid ordinary shares

    12,910

    MLC Wealth Management Limited

    Power to exercise voting rights pursuant to position held as the Registrable Superannuation Entity licensee for the superannuation products it issues.

    Fully paid ordinary shares

    21,673

    National Australia Bank Limited

    Relevant interest arising as a result of National Australia Bank Limited having voting power above 20% in Pengana Holdings Pty Limited who controls Pengana Capital Limited, an investment manager of various unit trusts.

    Fully paid ordinary shares

    206,000

    National Australia Bank Limited

    Power to control the voting and

    /or disposal of securities pursuant to securities lending agreements.

    Fully paid ordinary shares

    4,969,210

    TOTAL

    11,958,578

  3. 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 interest

    Registered holder of securities

    Person entitled to be registered as holder

    Class and number of securities


    MLC Investments Limited


    National Nominees Limited (ACN 004 278 899)


    Fully paid ordinary shares 6,748,785


    Antares Capital Partners Limited


    National Nominees Limited (ACN 004 278 899)


    Fully paid ordinary shares 12,910


    MLC Wealth Management Limited


    Navigator Australia Limited (ACN 006 302 987)


    Fully paid ordinary shares 21,673


    National Australia Bank Limited


    BNP Paribas Nominees Pty Limited (ACN 084 150 023)


    Fully paid ordinary shares 206,000


    National Australia Bank Limited


    National Nominees Limited (ACN 004 278 899)


    Fully paid ordinary shares 4,969,210

    TOTAL

    11,958,578


  4. 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:



    Date of change

    Person whose relevant interest changed


    Nature of change

    Consideration given in relation to change

    Class and number of securities affected


    Person's votes affected

    Fully paid ordinary shares

    2/11/2015

    Antares Capital Partners Limited

    Purchase

    $10,669.97

    3,374

    3,374


    27/10/2015 to

    04/11/2015


    National Australia Bank Limited


    Securities Lending

    No consideration directly referable to the securities provided by NAB.


    Refer to Appendix 1 Table


    Refer to Appendix 1 Table


  5. Associates

    The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

    Name and ACN/ARSN (if applicable

    Nature of association

    MLC Investments Limited

    MLC Investments Limited is a wholly owned subsidiary of MLC Holdings Limited whose ultimate parent is National Australia Bank Limited.

    Antares Capital Partners Limited

    Antares Capital Partners Limited is a wholly owned subsidiary of National Wealth Management Holdings Limited whose ultimate parent is National Australia Bank Limited.

    MLC Wealth Management Limited

    MLC Wealth Management Limited is a wholly owned subsidiary of MLC Holdings Limited whose ultimate parent is National Australia Bank Limited.


  6. Addresses

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

Name

Address

National Australia Bank Limited

Level 1

800 Bourke Street

DOCKLANDS VIC 3008

MLC Investments Limited

Ground Floor

105-153 Miller Street NORTH SYDNEY NSW 2060

MLC Wealth Management Limited

Ground Floor

105-153 Miller Street NORTH SYDNEY NSW 2060


National Nominees Limited

Level 1

800 Bourke Street

DOCKLANDS VIC 3008

Navigator Australia Limited

Ground Floor

105-153 Miller Street NORTH SYDNEY NSW 2060

Antares Capital Partners Limited

Ground Floor

105-153 Miller Street NORTH SYDNEY NSW 2060

BNP Paribas Nominees Pty Limited

Level 6

60 Castlereagh Street

SYDNEY NSW 2000


Signature

Name

Elizabeth Melville-Jones

Capacity

Company Secretary

for and on behalf of National Australia Bank Limited


Signature


Date 09/11/2015

Appendix 1 - SYR

Type of agreement and

parties to agreement

National Australia Bank Limited and

National Australia Bank Limited and

Securities Borrowing Agreement (SBA) clients

AMSLA Counterparties

(ii)

TELSTRA SUPER PTY LTD

( b )

UBS SECURITIES AUSTRALIA LTD

( d )

MERRILL LYNCH EQUITIES (AUSTRALIA) LTD

( f )

CREDIT SUISSE

( g )

INSTINET AUSTRALIA PTY LTD


Transfer dates

27/10/2015 to 4/11/2015

27/10/2015 to 4/11/2015

Specific dates for each transfer can be found by matching the number reference in the 'Type of agreement and parties to agreement' field to the accompanying list of transactions.

Specific dates for each transfer can be found by matching the number reference in the 'Type of agreement and parties to agreement' field to the accompanying list of transactions.

Holder of voting rights

Registered owner

Registered owner


Are there any restrictions on voting

The registered owner holds voting rights. However, in certain

circumstances the lender may request for the borrower to use best endeavours to arrange for voting instructions to be exercised in accordance with the instructions from the lender.

The registered owner holds voting rights. However, in certain

circumstances the lender may request for the borrower to use best endeavours to arrange for voting instructions to be exercised in accordance with the instructions from the lender.

Scheduled date of return (if any)


On demand


On demand

Does the borrower have the right to return early?


Yes - at notice


Yes - at notice

Does the lender have the right to recall early?


Yes - at notice


Yes - at notice

Will the securities be returned on settlement?


Yes, or equivalent protection under Securities Borrowing Agreement.


Yes, or equivalent protection under AMSLA.

National Australia Bank Limited will, if required by the company or responsible entity to whom the prescribed form must be given or ASIC give a copy of the agreements to the company, responsible entity or ASIC.

Read the rest of the article at www.noodls.com
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Syrah Resources

CODE : SYR.AX
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Syrah Resources is a copper and uranium exploration company based in Australia.

Syrah Resources holds various exploration projects in Australia.

Its main exploration properties are ARCHIE-MACKENZIE, MT LYNDHURST and MUNNA in Australia.

Syrah Resources is listed in Australia. Its market capitalisation is AU$ 136.4 millions as of today (US$ 89.7 millions, € 83.8 millions).

Its stock quote reached its lowest recent point on September 10, 2010 at AU$ 0.07, and its highest recent level on June 10, 2016 at AU$ 6.66.

Syrah Resources has 263 820 000 shares outstanding.

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Corporate news of Syrah Resources
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8/3/2016Ceasing to be a substantial holder from MS
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1/7/2016Change in substantial holding from NAB
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12/21/2015Appendix 3B
12/21/2015Becoming a substantial holder from NAB
11/27/2015Syrah Retail Entitlement Offer
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