ACROW LIMITED — Director's Dealing 2020

Nov 30, 2020

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	Gregg Taylor
Date of last notice	5 October 2020

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 relevant interest.	G & S Taylor Pty Ltd ATF Taylor Family Super Fund R.E. Taylor Pty Ltd ATF TF Trust Samantha Jane Taylor ATF Riley Taylor Samantha Jane Taylor ATF Ethan Taylor
Date of change	Exercise of options: 30 November 2020 On-market trade: 1 December 2020

• 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	753,464 fully paid ordinary shares 90,000 fully paid ordinary shares (loan funded shares issued under the Company’s LTIP) 200,000 unlisted options (exercisable at $0.20 per option, expires on 13 December 2020) 200,000 unlisted and unvested options (exercisable at $0.20 per option, expires on 13 December 2022)
Class	Fully paid ordinary shares and unlisted options
Number acquired	200,000 fully paid ordinary shares
Number disposed	200,000 unlisted options 200,000 fully paid ordinary shares
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Exercise of options: AUD $40,000 On-market trade: AUD $78,000
No. of securities held after change	753,464 fully paid ordinary shares 90,000 fully paid ordinary shares (loan funded shares issued under the Company’s LTIP) 200,000 unlisted and unvested options (exercisable at $0.20 per option, expires on 13 December 2022)
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back	Exercise of options and 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 interest	N/A
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

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	N/A
trade to proceed during this period?
If prior written clearance was provided, on what date was	N/A
this provided?

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3