ADALTA LIMITED — Director's Dealing 2016

Sep 26, 2016

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 30/9/2001.

Name of entity	AdAlta Limited
ABN	92 120 332 925

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	Samantha Cobb
Date of last notice	19 August 2016

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	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
Date of change	27 September 2016
No. of securities held prior to change	653,092 ordinary shares 167,061 unlisted options exercisable at 17 cents and expiring 27 September 2016 89,099 unlisted options exercisable at 17 cents and expiring 1 July 2018 178,199 unlisted options exercisable at 17 cents and expiring 1 July 2019 356,392 unlisted options exercisable at 17 cents and expiring 1 November 2019 *The exercise price of 50% of the options will be reduced to $0.0002 if exercised within 3 months of vesting and the exercise price of the remaining 50% will be reduced to $0.09 if exercised within 12 months of vesting.
Class	Ordinary shares on exercise of options

• See chapter 19 for defined terms.

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number acquire	d	43	4,357 ordinary s	hares (subject t	o 24 months escr	ow)
Number disposed	d	16	7,061 unlisted o	ptions exercisab	le at 17 cents a	nd expiring 27
		Se 89	ptember 2016(1 ,100 unlisted o	) ptions exercisa	ble at 17 cents	and expiring 1
		Ju 17	ly 2019(2) 8199 unlisted	tions exercisa	ble at 17 cents	and exirin 1
		, p pg November 2019(2)
Value/Consideration includes brokerage/gst Note: If consideration is non-cash, provide details and estimated valuation		$0.17 per share(1) $0.0002 per share(2)
No. of securities held after change		1,087,449 ordinary shares 89,099 unlisted options exercisable at 17 cents and expiring 1 July 2018 89,099 unlisted options exercisable at 17 cents and expiring 1 July 2019 178,196 unlisted options exercisable at 17 cents and expiring 1 November 2019 *The exercise price of 50% of the options will be reduced to $0.0002 if exercised within 3 months of vesting and the exercise price of the remaining 50% will be reduced to $0.09 if exercised within 12 months of vesting.
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

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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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 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.

Appendix 3Y Page 3