You didn't specify if this is three phase or not, here in the US we have more options with 110VAC. I think you are working with single phase 240 VAC from the sounds of it. Thinking that the Perske spindle motor is 3 phase, you might swap any two wires there to reverse it. In any case, M3 shouls start the spindle forwards, the regular direction, and M4 starts it in reverse. If you cant figure it out then just use M4 for now to get you by.