Metcash : Becoming a substantial holder

1501af17-5740-471b-aec5-fccc82c47702.pdf

Form 603

Corporations Law

Section 671B

Notice of initial substantial holder

To: Company Name/Scheme METCASH LIMITED

ACN/ARSN 112 073 480

1. Details of substantial holder (1)

   
   

   Name: UBS Group AG and its related bodies corporate

   
   

   ACN/ARSN (if applicable)

   
   

   
   

   The holder became a substantial holder on: 31 December 2015

   
   

   
   

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 (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)	Number of securities	Persons' votes (5)	Voting power (6)
Ordinary	46,584,332	46,584,332	5.02%

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 (7)	Class and number o securities		f
UBS AG	Fund Manager with power to exercise control over voting shares	278,424	Ordinary
UBS Asset Management (Australia) Ltd	Fund Manager with power to exercise control over voting shares	2.807,433	Ordinary
UBS Asset Management Life Limited	Fund Manager with power to exercise control over voting shares	187,119	Ordinary
UBS Asset Management (Singapore) Ltd	Fund Manager with power to exercise control over voting shares	25,582	Ordinary
UBS Asset Management Trust Company	Fund Manager with power to exercise control over voting shares	33,627	Ordinary
UBS Asset Management (UK)	Fund Manager with power to exercise control over	80,756	Ordinary
Limited	voting shares
UBS Fund Management (Switzerland) AG	Fund Manager with power to exercise control over voting shares	158,065	Ordinary
UBS AG London Branch	Power to control disposal over shares pursuant to stock	14,801,666	Ordinary
borrowing and lending activities (see Appendix A)
Beneficial Owner	369,776	Ordinary

UBS Securities Australia ltd	Power to control disposal over shares pursuant to stock borrowing and lending activities (see Appendix A)	379,330	Ordinary
UBS Securities LLC	Power to control disposal over shares pursuant to stock	23,345,688	Ordinary
borrowing and lending activities (see Appendix A)
UBS Financial Services Inc	Broker with power to exercise discretion over account	276	ADR
UBS Wealth Management Australia ltd	Broker with power to exercise discretion over account	752	Ordinary
UBS AG Australia Branch	Prime Broker that has exercised its borrowing right in	800,000	Ordinary
respect of shares pursuant to a Prime Broking
Agreement (see Appendix A)
UBS Switzerland AG	Broker with power to exercise discretion over account	11,911	Ordinary
Power to control disposal over shares pursuant to stock	3,303,927	Ordinary
borrowing and lending activities (see Appendix B)

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 (8)	Class and number of securities
UBS AG	Various Custodians	UBS AG	278,424 Ordinary
UBS A et M,mgement	Various Custodians	UBS AssP.t MAnAgP.mP.nl	.807,433 Ordinary
(Australia) ltd	(Australia) Ltd
UBS Asset Management Life Limited	Various Custodians	UBS Asset Management Life Limited	187,119	Ordinary
UBS Asset Management (Singapore) ltd	Various Custodians	UBS Asset Management (Singapore) Ltd	25,582	Ordinary
UBS Asset Management Trust Company	Various Custodians	UBS Asset Management Trust Company	33,627	Ordinary
UBS Asset Management (UK) Limited	Various Custodians	UBS Asset Management (UK) Limited	80,756	Ordinary
UBS Fund Management (Switzerland) AG	Various Custodians	UBS Fund Management (Switzerland) AG	158,065	Ordinary
UBS AG London Branch	Various Custodians	UBS AG London Branch	15,171,442	Ordinary
UBS Securities Australia Ltd	Warbont Nominees Ply Ltd	UBS Securities Australia Ltd	379,330	Ordinary
UBS Securities LLC	Various Custodians	UBS Securities LLC	23,345,688	Ordinary
UBS Financial Services Inc	N/A	UBS Financial Services Inc	276	ADR
UBS Wealth Management	UBS Wealth Management	UBS Wealth Management	752	Ordinary
Australia Ltd	Australia Nominees Ply ltd	Australia Ltd
UBS AG Australia Branch	UBS Nominees Pty Ltd	UBS AG Australia Branch	800,000	Ordinary
UBS Switzerland AG	Various Custodians	UBS Switzerland AG	3,315,838	Ordinary

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 (9)	Class and number of securities
Cash INon-cash
Please see Appendix C.

1. 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 ofassociation

   UBS AG Related body corporate

   UBS Asset Management (Australia) Ltd Related bodycorporate

   UBS Asset Management Life Limited Related bodycorporate

   UBS Asset Management (Singapore) Ltd Related body corporate

   UBS Asset Management Trust Company Related bodycorporate

   UBS Asset Management (UK) Limited Related bodycorporate

   UBS Fund Management (Switzerland) AG Related bodycorporate

   UBS AG London Branch Related body corporate

   UBS Securities Australia Ltd Related bodycorporate

   Warbont Nominees Ply Ltd Related bodycorporate

   UBS Securities LLC Related body corporate

   UBS Financial Services Inc Related bodycorporate

   UBS wealltl Management Australia Ltd Related body corporate UBS Wealth Management Australia Nominees Pty Ltd Related body corporate UBS AG Australia Branch Related bodycorporate

   UBS Nominees Pty Ltd Related body corporate

   UBS Switzerland AG Related body corporate

   
   

2. Addresses

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

Name	Addresses
Details of all UBS offices can be found through the following link: http://apps2.ubs.com/locationfinder/

SIGNATURE

Print Name:

Pepe Chan Capacity: Authorised signatory

Sign Here:

Print Name:

Sign Here:

Contact details for this notice: Weixiao Qin

Compliance Operations

(T) [phone]

/ Date:

Weixiao Qin Capacity:

Date:

4 January 2016

Authorised signatory

4 January 2016