M2 : Becoming a substantial holder - NAB

Corporations Law Form 603

Form 603

Corporations Act 2001

Notice of initial substantial holder Section 671B

To:Company Name/Scheme

1. Details of substantial shareholder

   Name & ACN (if applicable)

   
   

   The Secretary M2 Group Limited Level 10 452 Flinders Street Melbourne VIC 3000 Ph: [phone] Fax: [phone]

   
   

   ACN 091 575 021

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

   
   

   The holder became a substantial holder on 30/12/2015

   MTU

   
   

2. 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	9,281,264	9,281,264	5.033%

   
   

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	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 2,738,656
   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 various managed investment schemes or trusts.	Fully paid ordinary shares 16,125
   MLC Limited	Power to control the voting and /or disposal of securities pursuant to position held as manager under investment mandate.	Fully paid ordinary shares 464
   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 79,361
   National Australia Bank Limited	Relevant interest arising as a result of National Australia Bank Limited having voting power above 20% in Pengana Holdings Pty Ltd who controls Pengana Capital Limited, an investment manager of various unit trusts.	Fully paid ordinary shares 2,885,281
   National Australia Bank Limited	Power to control the voting and /or disposal of securities pursuant to securities lending agreements.	Fully paid ordinary shares 3,285,355
   JBWere Limited	Power to control the voting and /or disposal of securities pursuant to position as investment manager for various client portfolios.	Fully paid ordinary shares 201,675
   OneVue Limited	Power to control the voting and /or disposal of securities pursuant to position held as manager of model portfolios offered on the OneVue platform.	Fully paid ordinary shares 60,276
   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 various managed investment schemes or trusts.	Fully paid ordinary shares 14,071
   TOTAL	9,281,264

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 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 2,738,656
   Antares Capital Partners Limited	National Nominees Limited (ACN 004 278 899)	Fully paid ordinary shares 16,125
   MLC Limited	Navigator Australia Limited (ACN 006 302 987)	Fully paid ordinary shares 464
   MLC Wealth Management Limited	Navigator Australia Limited (ACN 006 302 987)	Fully paid ordinary shares 79,361
   National Australia Bank Limited	BNP Paribas Nominees Pty Limited (ACN 084 150 023)	Fully paid ordinary shares 2,885,281
   National Australia Bank Limited	National Nominees Limited (ACN 004 278 899)	Fully paid ordinary shares 3,285,355
   JBWere Limited	Invia Custodian Pty Limited (ACN 006 127 984)	Fully paid ordinary shares 201,675
   OneVue Limited	Citicorp Nominees Pty Limited (ABN 370 008 090 30)	Fully paid ordinary shares 60,276
   Antares Capital Partners Limited	National Nominees Limited (ACN 004 278 899)	Fully paid ordinary shares 14,071
   TOTAL	9,281,264

   
   

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 interest	Date of acquisition	Consideration	Class and number of securities
Cash	Non-cash	Fully paid ordinary shares
MLC Investments Limited	12/10/2015	$40,072.42	4,193
MLC Investments Limited	13/10/2015	$77,421.02	8,087
MLC Investments Limited	14/10/2015	$60,716.35	6,372
MLC Investments Limited	15/10/2015	$44,253.59	4,661
MLC Investments Limited	19/10/2015	$29,539.67	3,113

MLC Investments Limited	20/10/2015	$12,719.01	1,333
MLC Investments Limited	21/10/2015	$20,627.52	2,162
MLC Investments Limited	21/10/2015	$8,904.32	933
MLC Investments Limited	22/10/2015	$32,995.97	3,486
MLC Investments Limited	26/10/2015	$29,513.73	2,995
MLC Investments Limited	27/10/2015	$18,049.87	1,871
MLC Investments Limited	29/10/2015	$38,744.02	4,169
MLC Investments Limited	29/10/2015	$41,308.13	4,445
MLC Investments Limited	5/11/2015	$82,547.71	7,887
MLC Investments Limited	6/11/2015	$57,614.81	5,418
MLC Investments Limited	6/11/2015	$27,089.11	2,564
MLC Investments Limited	9/11/2015	$61,520.76	5,845
MLC Investments Limited	9/11/2015	$17,808.06	1,691
MLC Investments Limited	13/11/2015	$17,822.25	1,800
MLC Investments Limited	20/11/2015	$420,050.27	38,328
MLC Investments Limited	2/12/2015	$30,761.36	2,696
MLC Investments Limited	8/12/2015	$333,167.12	29,123
MLC Investments Limited	15/12/2015	$119,103.13	10,490
MLC Investments Limited	18/12/2015	$81,043.15	7,130
MLC Limited	2/12/2015	$54,688.13	4,793
Antares Capital Partners Limited	29/10/2015	$2,038.13	219
Antares Capital Partners Limited	29/10/2015	$532.95	57
Antares Capital Partners Limited	29/10/2015	$1,889.55	203
MLC Limited	2/11/2015	$30.35	3
MLC Limited	2/11/2015	$60.71	6
MLC Limited	2/11/2015	$71.10	7
MLC Limited	2/11/2015	$20.31	2
MLC Limited	2/11/2015	$70.39	7
MLC Limited	2/11/2015	$20.11	2
MLC Limited	3/11/2015	$81.98	8
MLC Limited	3/11/2015	$40.79	4
MLC Limited	3/11/2015	$40.99	4
MLC Limited	3/11/2015	$51.24	5
MLC Limited	3/11/2015	$71.63	7
MLC Limited	3/11/2015	$30.85	3
MLC Limited	3/11/2015	$20.47	2
MLC Limited	3/11/2015	$61.19	6
MLC Limited	3/11/2015	$71.98	7
MLC Limited	3/11/2015	$40.79	4

MLC Limited	3/11/2015	$81.78	8
MLC Limited	3/11/2015	$10.22	1
MLC Limited	3/11/2015	$50.99	5
MLC Limited	3/11/2015	$20.46	2
MLC Limited	3/11/2015	$71.59	7
MLC Limited	3/11/2015	$61.21	6
MLC Limited	3/11/2015	$30.60	3
MLC Limited	3/11/2015	$10.25	1
MLC Limited	3/11/2015	$81.77	8
MLC Limited	3/11/2015	$20.51	2
MLC Limited	3/11/2015	$71.77	7
MLC Limited	3/11/2015	$10.22	1
MLC Limited	3/11/2015	$92.29	9
MLC Limited	4/11/2015	$62.90	6
MLC Limited	4/11/2015	$62.20	6
MLC Limited	4/11/2015	$72.26	7
MLC Limited	4/11/2015	$20.65	2
MLC Limited	4/11/2015	$41.46	4
MLC Limited	4/11/2015	$31.32	3
MLC Limited	4/11/2015	$31.45	3
MLC Limited	4/11/2015	$41.71	4
MLC Limited	4/11/2015	$52.14	5
MLC Limited	11/11/2015	$82.32	8
MLC Limited	11/11/2015	$123.60	12
MLC Limited	12/11/2015	$40.45	4
MLC Limited	12/11/2015	$10.12	1
MLC Limited	12/11/2015	$40.72	4
MLC Limited	12/11/2015	$40.43	4
MLC Limited	12/11/2015	$20.24	2
MLC Limited	12/11/2015	$10.18	1
MLC Limited	12/11/2015	$50.78	5
MLC Limited	12/11/2015	$10.12	1
MLC Limited	12/11/2015	$20.22	2
MLC Limited	12/11/2015	$30.28	3
MLC Limited	12/11/2015	$10.11	1
MLC Limited	12/11/2015	$60.90	6
MLC Limited	12/11/2015	$10.15	1
MLC Limited	12/11/2015	$60.83	6
MLC Limited	12/11/2015	$30.28	3
MLC Limited	12/11/2015	$50.54	5
MLC Limited	12/11/2015	$10.14	1
MLC Limited	12/11/2015	$30.36	3
MLC Limited	12/11/2015	$20.22	2
MLC Limited	12/11/2015	$40.68	4
MLC Limited	12/11/2015	$20.31	2
MLC Limited	12/11/2015	$20.24	2
MLC Limited	12/11/2015	$50.46	5
MLC Limited	12/11/2015	$40.60	4
MLC Limited	12/11/2015	$20.34	2
MLC Limited	12/11/2015	$51.50	5
MLC Limited	12/11/2015	$40.46	4
MLC Limited	12/11/2015	$20.23	2
MLC Limited	12/11/2015	$30.36	3
MLC Limited	12/11/2015	$10.17	1
MLC Limited	12/11/2015	$20.18	2
MLC Limited	12/11/2015	$20.60	2
MLC Limited	12/11/2015	$10.12	1
MLC Limited	12/11/2015	$50.85	5