ADSLOT LTD. — Director's Dealing 2015

Dec 23, 2015

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 Adslot Ltd ABN 70 001 287 510

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	Mr Ian Lowe
Date of last notice	10 October 2014

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	(a) Direct; and (b) Indirect
Nature of indirect interest (including registered holder)	(b) Ansearch Com Au Pty Ltd as trustee for the Adslot Employee Share Trust
Date of change	24 December 2015
No. of securities held prior to change	(a) 11,461,929 fully paid Ordinary (b) 3,000,000 fully paid Ordinary
Class	(a) Fully paid Ordinary (b) Fully paid Ordinary
Number acquired	3,000,000 (direct)
Number disposed	3,000,000 (indirect)
Value/Consideration	No consideration paid
No. of securities held after change	(a) 14,461,929 fully paid Ordinary (b) Nil
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	The escrow period for shares held by the trustee of the Adslot Employee Share Trust on Mr Lowe’s behalf has finished and Mr Lowe has called these shares from the Trust.

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

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	Employment Agreement
Nature of interest	Long Term Incentive Mr Lowe has the right to receive the following shares after the share price of the Company trades above a 30 day VWAP as per the followingtable: 30 Day VWAP Right to # of Shares Escrow Period $0.20 3,000,000 2 Years $0.30 4,000,000 None $0.40 5,000,000 None $0.50 5,000,000 None Mr Lowe is required to remain an employee of the Company to be allocated any shares under this provision.
Name of registered holder (if issued securities)
Date of change	No change has occurred in the director’s interest in contracts but for completeness the existing Nature, which remains unchanged, is included here.
No. and class of securities to which interest related prior to change	Any shares issued would rank equally with Ordinary Shares
Interest acquired	None
Interest disposed	None.
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	These issues were made pursuant to his Employment Agreement for no consideration.
Interest after change

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	-
If prior written clearance was provided, on what date was this provided?	-

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 2