Matrix Composites & Engineering : Notice of change of interests of substantial shareholder

To: Market Announcements Office Page 1 of 3 2017-01-05 21:28:31 (GMT) 61285692025 From: AlvisePeggion

FAX MESSAGE

Dale: 5 January 2017

To: Company: Fex number:

Company Announcements Otllce

Awi!ralian Stock Exchange

[phone]

From: Steven Johnson Contact number: 02 8305 6051 Pgs (inc cover): 3

FORM 604 NOTICE OF CHANGE OF INTERESTS OF SUBSTANTIAL HOLDER

We ettach a ctlimc,e of interests of subl;tantlal holder notice with regardslo our interest in shares in Matrix Composites & {MCE),

Steven Johnson

Director

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NOTICE OF CHANGE Of INTERESTS OF SUBSTANTIAL HOLDER

To

ACN/ARSN

Matrix Composites & Fnr1inr-,,,,,,.,,, td (ASX Code: MCE)

009 435 250

1. Details of substantial holder (1)

   Name Forager Funds Management Pty Ltd

   ABN 78 138 351 345

   There was a change in!he interests of the substantial holder on

   The previous notice was to the cm11pany on

   The previous notice was dated

   03/0112017

   27/0412016

   27/0412016

2. Previous and present voting power

   The total number of votes a!!aciled!o all !he voting shares in!be oompany or voting interests in the scheme that the

   substantial holder or an associate had relevant interest (3) in when last required, and when now to g.ive

   a s t;i: i@ :=1:: := ===1i ;;it :;: : =:;=;;;;;;;: =:1

3. Detail,:in relevant interest..

Particularn of each in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or since the substantial holder was last requlredlo give a substantial

Forager Funds Management Ud

Market

0310112()17

Consideration

given in

relation to

Class and number securities affisctedl

Person's voles affected!

4, Present relevant intem,sts

relevant ;merest securities

Lfrnited as Company um,ted control) exercise vote ordinary custodian ol the Forager as responsible on 9,008,984 fully shares Australian Shares Fund enlily of the paid ordinary shares

ARSN 139 841 491 Forager Australian and/or dispose of he

Shares Fund securities as

ARSN 139 641 inves!l'nent manager

491 of the Forager Australian Shams Fund and Forager Wholesale Value

to

Limited as custodian of the Forager Wholesale		control) exercise vote on 1,895,886 fully	ordinary shares
Value Fund ARSN 110 819 488	Value	paid ordinary shares and/or dispose of the
Fund	securities as
ARSN 110 619	investrnent manager
488	of the
Wholesale

To: Market Announcements Office Page 3 of 3 2017-01-05 21:28:31 (GMT) 61285692025 From: AlvisePeggion

5., Changes ln association

The person who beCQme associates

Unit 2, 55 Salvado Australia, 6008

$lgnat11m

Print name: Steven Johnson Capacity: Director

5 .January 2017

!f there are a number of su.bstantiat holders with sltnitar or related relevant interests (eg:_ a corporatiits rotated corporations, or the manager and trustee of an trust). the names could be Included in an a:nnexune to the forrn. If the relevant intrests of a group ot persons are strn!lar, they rnay be referred to throughout the form as a named g:roMp ff the of each group, with the names and addresses of members is clearly Mt out in paragraph 8 of the form,

See the denni ion of "a$sociate" in section 9 of the Corporations Act 2001.

See tho definrtion of "relevant interest" in sections 608 and 6718(7) of the Co)1:)rations Act 2001. (4} The voting shares of a ,::,ornpany constitute one clsss unless divided lrito separate classes.

'fhe person's votes divided by the total votes in the body corporate or scherne multiplied by 100.

(6) tnclv1e detail$ of:

(af any relevant agreement or other circurnstances OOcawse of which the in relevant interest occurred. !f

subsection 6716(4) applies. a copy of any document semng out the terms of any relevant agreement, and a

:slatem.ent by the person giving fut! and w.H.:curate detaHs of any contract scheme or arrangement, must accompany this form, together with a written staternent certifying this contr.:act . scheme or arrangement; anct

{b) any quaHflr,,aUon of the power of a person to trxerc!se, control the exercise of, or influence. the exercise of, the voting powers or disposal of the .SBcurities to which the relevant interest relates (inclicatino clearly the p.1.uticidar ee-cur!Hes to which the applies)

See the defrniHon of "relevant agreement" !n section 9 of the Corporations Act 2001.

(7} Details ofine consideration must inciude any and all benefrts, money and other, !hat any person from whom • relevant interest '.Vas acquired has, or may, beoon1e entitled tc receive !n rel1:tt1on to that .acquisition_ Details. mustt Pe inch,.gJed even if the benefit is conctitlonal on the happening or not of a contingency. Details must be mctuded of any benefit paid on b

holder or its associate !n: relation to the acqu!.sitions, even if they are not

was acquired

directly to the per$on frorn whom the relevant 'interest

(8) II !he substantial helder is unable to determine the write "unknown"

of the person {eg, if the retevant interest arises because of an option}

{9) Give detaHs, tt approprfate, of the present association and any change in that association since the last substantial holding