ADALTA LIMITED — Director's Dealing 2019

Apr 28, 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 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	28 November 2018

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	29 April 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	1,443,843 ordinary shares750,000 unlisted options exercisable at 25cents and expiring 14 November 2021500,000 unlisted options exercisable at 50cents and expiring 14 November 2021250,000 unlisted options exercisable at 75cents and expiring 14 November 2021250,000 unlisted options exercisable at 1dollar and expiring 14 November 2021375,000 unlisted options exercisable at 25cents and expiring 01 November 2022
Class	Unlisted options
Number acquired	Nil
Number disposed	375,000 unlisted options exercisable at 25cents and expiring 14 November 2021
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Nil

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	1,443,843 ordinary shares
	375,000 unlisted options exercisable at 25
	cents and expiring 14 November 2021
	500,000 unlisted options exercisable at 50
	cents and expiring 14 November 2021
	250,000 unlisted options exercisable at 75
	cents and expiring 14 November 2021
	250,000 unlisted options exercisable at 1
	dollar and expiring 14 November 2021
	375,000 unlisted options exercisable at 25
	cents and expiring 1 November 2022
Nature of change	The vesting criteria will never be met as the
Example: on-market trade, off-market trade, exercise of options, issue of securitiesunder dividend reinvestment plan, participation in buy-back	criteria referred to the Company’s previous leadcompound of AD-114

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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed abovetraded during a+closed period where prior written clearancewas required?	No
If so, was prior written clearance provided to allow the trade toproceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011