ADX ENERGY LTD — Director's Dealing 2019

Aug 7, 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: ADX Energy Ltd

ABN: 50 009 058 636

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	Ian Tchacos
Date of last notice	1 July 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.

ote: In the case of a company, interests which come within paragraph (i) disclosed in this part.	of the definition of “notifiable interest of a director” should be
Direct or indirect interest	Direct and Indirect
Nature of indirect interest	 Warroorah Pty Ltd .
(including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	 Eonia Pty Ltd – which Mr Tchacos is a beneficiary.
Date of change	8 August 2019
	1. 30,554,437 Fully Paid Ordinary Shares
	(indirect)
	2. 12,095,370 Fully Paid Ordinary Shares
No. of securities held prior to change	(indirect) 3. 704,209 Fully Paid Ordinary Shares
	(direct)
	4. 6,354,086 Unlisted Options. Exercise
	price nil,expire 31/5/2022(indirect)
	Fully Paid Shares
Class
	Unlisted Options
Number acquired	178,571 shares (direct) 17,481,206 unlisted options (direct)
Number disposed

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Shares - $1,250 Non-cash – value based on director fees Options - $150,844 Non-cash – valued based on consulting fees
No. of securities held after change	1. 30,554,437 Fully Paid Ordinary Shares (indirect) 2. 12,095,370 Fully Paid Ordinary Shares (indirect) 3. 882,780 Fully Paid Ordinary Shares (direct) 4. 6,354,086 Unlisted Options. Exercise price nil, expire 31/5/2022 (indirect) 5. 10,864,955 Unlisted Options. Exercise price nil, expire 31/5/2023 (direct) 6. 6,616,071 Unlisted Options. Exercise price nil, expire 31/7/2023 (direct)
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Shares - Issued pursuant to ADXs’ Directors’ Share Plan approved by Shareholders on 31 May 2019. Issued in consideration of part directors fees for the quarter ended 30 June 2019. Number of shares based on directors fees to be paid via equity and VWAP for the quarter ended 30 June 2019. Options - granted as approved by Shareholders on 31 May 2019. Granted in consideration of part consulting fees for the 12 months ended 30 June 2019. Number of Options based on VWAP for each quarter during the year ended 30 June 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 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.

Appendix 3Y Page 2

01/01/2011

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
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.

01/01/2011 Appendix 3Y Page 3