ALICE QUEEN LIMITED — Director's Dealing 2018

Dec 19, 2018

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	Alice Queen Limited
ABN	71 099 247 408

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 Andrew Buxton
Date of last notice	14 August 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 & Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Andrew Buxton & Juliette Buxton A fund in which Mr Andrew Buxton has a beneficial interest.
Date of change	18 December 2018
No. of securities held prior to change	Shares and options held Direct: 62,012,009 Fully Paid Ordinary Shares. 616,050 unlisted options over ordinary shares in the Company with an exercise price of $0.038 (3.8cents) each, exercisable on or before 14 December 2019. The options will vest on 14 December 2017. 7,500,000 unlisted options over ordinary shares in the Company with an exercise price of $0.056 (5.6 cents) each, exercisable on or before 13 December 2020. The options will vest on 14 December 2018. Shares and options held Indirect: Andrew Buxton & Juliette Buxton 180,000 Fully Paid Ordinary Shares
Class	Unlisted options
Number acquired	6,496,875 unlisted options over ordinary shares in the Company with an exercise price of $0.04 (4 cents) each, exercisable on or before 18 December 2021. The options will vest on 18 December 2019.
Number disposed	Nil

• 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	Nil Consideration
No. of securities held after change	Shares and options held Direct:  62,012,009 Fully Paid Ordinary Shares.  616,050 unlisted options over ordinary shares in the Company with an exercise price of $0.038 (3.8cents) each, exercisable on or before 14 December 2019. The options will vest on 14 December 2017.  7,500,000 unlisted options over ordinary shares in the Company with an exercise price of $0.056 (5.6 cents) each, exercisable on or before 13 December 2020. The options will vest on 14 December 2018.  6,496,875 unlisted options over ordinary shares in the Company with an exercise price of $0.04 (4 cents) each, exercisable on or before 18 December 2021. The options will vest on 18 December 2019. Shares and options held Indirect: Andrew Buxton & Juliette Buxton 180,000 Fully Paid Ordinary Shares
Nature of change Example: on‐market trade, off‐market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy‐ back	6,496,875 unlisted options over ordinary shares in the Company were acquired in accordance with a resolution as approved by Shareholders at the AGM held on 29 November 2018.

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.

e disclosed in thispart.
Detail of contract	Not Applicable
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
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?
If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011