Form 603 Corporations Act 2001 Section 671B Notice of initial substantial holder

To Company Name/Scheme: ACN/ARSN:

Elders Ltd 004 336 636

  1. Details of substantial holder (1)

    Name: Schroder Investment Management Australia Limited ACN/ARSN (if applicable): 000 443 274

    The holder became a

    20/01/2017

    substantial holder on:

  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

    Person's Votes (5)

    Voting Power (6)

    Ordinary shares

    5,912,525

    5,912,525

    5.19%

  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 of securities

    SIMAL

    Power to dispose of securities

    5,912,525 Ordinary Shares

  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

    SIMAL

    BNP Paribas Securities Services

    BNP Paribas Securities Services

    1,937,831

    Ordinary Shares

    SIMAL

    Citicorp Nominees Ltd HK

    Citicorp Nominees Ltd HK

    824,725

    Ordinary Shares

    SIMAL

    HSBC Custody Nominees (Australia) Ltd

    HSBC Custody Nominees (Australia) Ltd

    219,682

    Ordinary Shares

    SIMAL

    JP Morgan Custodial Services

    JP Morgan Custodial Services

    2,311,581

    Ordinary Shares

    SIMAL

    National Nominees Ltd - Melbourne

    National Nominees Ltd - Melbourne

    618,706

    Ordinary Shares

  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

    Non-cash

    SIMAL

    18/01/2017

    $20,632,729.94

    -

    5,184,103 Ordinary shares

  6. 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

    Schroder Investment Management Australia Limited ("SIMAL")

    Related Fund Manager

  7. Address

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

Name

Address

Schroder Investment Management Australia Limited ("SIMAL")

Level 20, Angel Place, 123 Pitt Street, Sydney, 2000, Australia

Elders Ltd. published this content on 20 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 24 January 2017 16:10:10 UTC.

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