ADVERITAS LIMITED — Director's Dealing 2019

Nov 21, 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 ADVERITAS LIMITED ABN 88 156 377 141

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 Mathew James Ratty Date of last notice 15 October 2019

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 relevant interest.	Mathew James Ratty **Trust>- trustee and beneficiary.
Date of change	21 November 2019

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	MC Management Group Pty Ltd 11,000,000 Fully paid ordinary shares. 2,250,000 quoted options exercisable at $0.10 on or before 25/10/2021. MC Management Group Pty Ltd **MC Master A/C> 2,482,682 fully paid ordinary shares. 1,196,242 quoted options exercisable at $0.10 on or before 25/10/2021. Mathew James Ratty **Ratty Testamentary Trust> 500,000 Unlisted options, exercise price $0.45, expiring 30 March 2020. Mathew James Ratty **Trust> 8,250,000 performance rights.
Class	Performance Rights. Full terms and conditions of the performance rights including performance milestones are included in Schedule 3 of the 13 November 2019 Notice of Annual General Meeting lodged on ASX on 11 October 2019.
Number acquired	3,000,000 Performance Rights.
Number disposed	Nil.
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil consideration.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change

MC Management Group Pty Ltd 11,000,000 Fully paid ordinary shares. 2,250,000 quoted options exercisable at $0.10 on or before 25/10/2021. MC Management Group Pty Ltd **MC Master A/C> 2,482,682 fully paid ordinary shares. 1,196,242 quoted options exercisable at $0.10 on or before 25/10/2021. Mathew James Ratty **Ratty Testamentary Trust> 500,000 Unlisted options, exercise price $0.45, expiring 30 March 2020. Mathew James Ratty **Trust> 11,250,000 performance rights.

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

Issue of 3,000,000 performance rights as approved by shareholders in Resolution 5 at the Annual General Meeting held on 13 November 2019.

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
Name of registered holder (if issued securities)
Date of change
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
Interest acquired
Interest disposed

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation 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?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 4

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