ADALTA LIMITED — Director's Dealing 2017

Sep 24, 2017

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	Paul MacLeman
Date of last notice	21 December 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(1) and Indirect(2)
Nature of indirect interest	Dalroar Pty Ltd ATF MacLeman Investment Trust (Director and
(including registered holder) Note: Provide details of the circumstances	Beneficiary)(2)
giving rise to the relevant interest.
Date of change	25 September 2017
No. of securities held prior	219,819 ordinary shares(1)
to change	73,273 ordinary shares(2)
	73,272 unlisted options exercisable at 17 cents and expiring 1
	November 2018*(1)
	73,272 unlisted options exercisable at 17 cents and expiring 1
	November 2019*(1)
	*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
Number acquired	146,544 ordinary shares (subject to 24 months escrow)

• See chapter 19 for defined terms.

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

N	umber disposed		73,272 unlisted options exercisable at 17 cents and expiring 1 November 2018(1) 73,272 unlisted options exercisable at 17 cents and expiring 1 November 2019(1)
V in N de	alue/Considerati cludes brokerag	on e/gst	$0.09 per share for 146,544 options
	ote: If consideration is n tails and estimated valuat	on-cash, provide ion
No. of securities held after change
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
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

Appendix 3Y Change of Director’s Interest Notice

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