ACROW LIMITED — Director's Dealing 2019

May 26, 2019

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity	Acrow Formwork and Construction Services Limited
ABN	36 124 893 465

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Peter Andrew Lancken
Date of last notice	18 April 2019

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Palcort Pty Ltd ATF Lancken RetirementFundNetwealth Investments Limited in itscapacity as custodian for Palcort PtyLimited ATF Lancken Retirement Fundand Palcort Pty Limited ATF LanckenInvestment TrustHSBCCustodyNominees(Australia)Limited in its capacity as custodian forPalcortPtyLimitedATFLanckenRetirement Fund and Palcort Pty LimitedATF Lancken Investment TrustBond Street Custodians Limited in itscapacity as custodian for Palcort PtyLimited ATF Lancken Retirement Fundand Palcort Pty Limited ATF LanckenInvestment Trust
Date of change	22 May 2019

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	6,463,963 fully paid ordinary shares525,000 fully paid ordinary shares (loanfunded shares issued under the Company’sLTIP)350,000 unlisted and unvested options(exercisable at $0.20 per option, expires on27 March 2021)2,625,000unlistedandunvestedperformance rights (expires on 27 March2020 if unvested at the time)
Class	Fully paid ordinary shares
Number acquired	170,000 fully paid ordinary shares
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$0.2894 per share
No. of securities held after change	6,633,963 fully paid ordinary shares525,000 fully paid ordinary shares (loanfunded shares issued under the Company’sLTIP)350,000 unlisted and unvested options(exercisable at $0.20 per option, expires on27 March 2021)2,625,000unlistedandunvestedperformance rights (expires on 27 March2020 if unvested at the time)
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back	On-market trade.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to which	N/A
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details and
an estimated valuation
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed	No
above traded during a+closed period where prior written
**clearance was required? **
If so, was prior written clearance provided to allow the trade	N/A
to proceed during this period?
If prior written clearance was provided, on what date was this	N/A
provided?

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3