Molopo Australia Ltd

Published : September 02nd, 2015

Notice of Ceasing to be a Substantial Holder in MPO

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Notice of Ceasing to be a Substantial Holder in MPO

Title:

20150902 OEQ-QUE ASIC Form 605 Notice of Ceasing to be a Substantial Holder in MPO.docx

Form 605

Corporations Act 2001

Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme MOLOPO ENERGY LIMITED (ASX:MPO)

ABN 79 003 152 154

1. Details of substantial holder (1)

Name

ACN / ABN

ORION EQUITIES LIMITED (OEQ) QUESTE COMMUNICATIONS LTD (QUE)

ABN 77 000 742 843

ABN 58 081 688 164

There was a change in the interests of the substantial holders on:

31 August 2015

The previous notice was given to the company on:

17 October 2014

The previous notice was dated:

16 October 2014

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company are as follows:

Date of change

Person whose relevant interest changed

Nature of change (4)

Consideration given in relation to change (5)

Class (6) and number of securities affected

Person's votes affected

31/08/2015

OEQ and QUE

Settlement of on-market trade in respect of the sale of shares by BEL via a special crossing on ASX effected on 26 August 2015

$13,167,142.98

49,687,332

49,687,332

Notes:
(a) Pursuant to BEL's Notice of Ceasing to be a Substantial Shareholder in MPO dated 2 September 2015.
(b) OEQ is taken under section 608(3)(a) of the Corporations Act to have a relevant interest in securities in which BEL has a relevant interest by reason of having greater than 20% voting power (ie. shareholding) in BEL.
(c) QUE is taken under section 608(3)(b) of the Corporations Act to have a relevant interest in securities in which OEQ has a relevant interest by reason of having control (ie. greater than 50% voting power/shareholding) of OEQ.

3. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (7) 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

Not applicable

Not applicable

4. Addresses

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

Name

Address

Bentley Capital Limited ABN 87 008 108 218 (BEL)

Level 2, 23 Ventnor Avenue, West Perth, Western Australia 6005

OEQ

Level 2, 23 Ventnor Avenue, West Perth, Western Australia 6005

QUE

Level 2, 23 Ventnor Avenue, West Perth, Western Australia 6005

Page 1 of 2

Signature

20150902 OEQ-QUE ASIC Form 605 Notice of Ceasing to be a Substantial Holder in MPO.docx


Page 2 of 2

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Molopo Australia Ltd

CODE : MPO.AX
ISIN : AU000000MPO7
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Molopo is based in Australia.

Molopo is listed in Australia. Its market capitalisation is AU$ 34.9 millions as of today (US$ 26.5 millions, € 22.5 millions).

Its stock quote reached its highest recent level on August 13, 2010 at AU$ 1.22, and its lowest recent point on August 05, 2016 at AU$ 0.12.

Molopo has 249 040 000 shares outstanding.

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