Ceasing to be substantial holder – Adam Smith

605 page 1/2 15 July 2001
Form 605
Coepo,ations 601 2001
Section 6118
Notice of ceasing to be a substantial holder
To Company Name/ Scheme
ACN/ ARSN
1.
Details of substantial holder (1)
Name
ACN/ ARSN (if applicable)
The holder ceased to boa substantial holder on
The previous notice was given to the company on
The previous notice was dated
2. Changes In relevant Interests
Particulars of each change in. or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the
company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:
Dale 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
09)12)2016.
22/02/2017
Adam Smith Asset
Management
Acquisition of 1.037.959
shares
Consideration for
Acquisition of Shares
$951,028 1.037,959 shares
1.037,959
shares
Disposal of 8.865,011
SharetS
Consideration for
Disposal of Shares
S10,739 747 8,865,011 shares
8.865,011
shares
3. Changes In association
The persons vAlo have become associates (3) 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
N/A

4. Addresses
The addresses of persons named in this form are as follows'

Name

Address
Adam Smith Asset Management

Level 10.6 O'Connell St, Sydney, NOW, 2000

Signature
Pnnt name

Stephen Atkinson Capacity Portfolio Manager
TOWER LIMITED
Adam Smith Asset Management
105 984 003
22/02/2017
12/12/2016
8/12/2016
Sign here

tØL
Date



605 page 2/2 15 July 2001
DIRECTIONS
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,
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(3)
See Me donNecn of *assehele- in section 9 of the Cor,atons Oct 2001
14)
Include decals ot
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any release agreement or other circumstances bacituao 01,011c11NO Now in relevant 6181051 moaned If subsection 67180) applies, a 0099 06 any
&current salthg cut he lane of any relevant agreement. and a stalement by he person 909191015-a woods details 44 .09 Contract 1.011ente or
arnsngerrieril mast acconheny ella lam. together Ash sail.., statement candying his contract, scheme or errangement and
any quabficakon of the pee.
of a person to ...sec cont106 the exam.ae of, or influence the 1.0021160 01. to vollny pavers or dap.. ol the secuntes 01
vArch tIe elevant merest relates (hdialstg ttleorty
he particular Hawn.. to 011011 the chalification applies)
See the 10102501 01 'relevant agreemenr in section 9 of to Corporabons Act 2001
151

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ncluded even 14,0 benefit is con190004i on the happening or not of a conknosncy °mars must be Included or any tenotil
DaMe of tha consideration must Jnoudo any and all benefits, money and .0, Mgt any person from Ahom a relevant interest *55 50500011 has, or roe, Itocome entOlool
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all
not past deaely101. portion Nem vieS
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181 The young Nan. cif a ...deny conastue, one daas unless [Idled into wow. Narts.
Give details, rt approprette. al he present usodallen and any change in that ...Mon since ha Use, substantial 11061909 notice
For personal use only

For personal use only