ACROW LIMITED — Director's Dealing 2020

Oct 4, 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 3 April 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 relevantinterest.	G & S Taylor Pty Ltd ATF Taylor Family Super FundR.E. Taylor Pty Ltd ATF TF TrustSamantha Jane Taylor ATF Riley TaylorSamantha Jane Taylor ATF Ethan Taylor
Date of change	30 September 2020
No. of securities held prior to change	726,250 fully paid ordinary shares90,000 fully paid ordinary shares (loan funded sharesissued under the Company’s LTIP)200,000 unlisted options (exercisable at $0.20 peroption, expires on 13 December 2020)200,000 unlisted and unvested options (exercisable at$0.20 per option, expires on 13 December 2022)60,000 unlisted options (exercisable at $0.20 peroption, expires on 27 March 2021)

• See chapter 19 for defined terms.

01/01/2011

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Appendix 3Y Change of Director’s Interest Notice

Class	Fully paid ordinary shares and unlisted options
Number acquired	27,214 fully paid ordinary shares
Number disposed	60,000 unlisted options
Value/Consideration	Cashless exercise of unlisted options with an exercise
Note: If consideration is non-cash, provide details and estimatedvaluation	price $0.20 per option (total exercise value = $12,000)
	resulting in the issue of 27,214 fully paid ordinary
	shares.
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 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)
Nature of change	Exercise of options.
Example: on-market trade, off-market trade, exercise of options, issue
of securities under dividend reinvestment plan, participation in buy-
back

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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and an estimatedvaluation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

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

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3