ALTECH BATTERIES LTD — Director's Dealing 2017

Feb 12, 2017

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ASX ANNOUNCEMENT
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13 February 2017

APPENDIX 3Y

Managing Director – Iggy Tan

In accordance with ASX Listing Rule 3.19A.2, attached is an Appendix 3Y Change of Director’s Interest Notice for Managing Director Mr Iggy Tan.

Mr Tan has advised the Company that the sale of the 2,200,000 Altech shares is to enable him to meet an income tax liability arising from the initial grant of 5,000,000 Altech shares on 25 August 2015 (Performance Shares).

Altech confirms that the on-market sale of shares by Mr Tan is in accordance with the Company’s Share Trading Policy, and specifically the nominated “Black out Periods”.

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Shane Volk

Company Secretary

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Altech Chemicals Limited ASX:ATC ABN 45 125 301 206

Suite 8, 295 Rokeby Road, Subiaco, Western Australia 6008 Australia

Telephone: +61 8 6168 1555 Facsimile: +61 8 6168 1551 Website: www.altechchemicals.com

Rule
3.19A.2

Appendix 3Y

ASX ANNOUNCEMENT 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 ALTECH CHEMICALS LIMITED ABN 45 125 301 206

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	Ignatius Tan
Date of last notice	17-12-2015

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.	n/a
Date of change	6 to 13 February 2017
No. of securities held prior to change	Indirect: via the Tan Family Trust, of which Mr Tan is a beneficiary, and his wife Mrs Judith Melissa Tan is Trustee: 5,367,000 Ordinary Shares 10,000,000 Performance Rights
Class	ordinary shares
Number acquired	Nil
Number disposed	2,200,000
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Average price of $0.1488 per share

	ASX ANNOUNCEMENT No. of securities held after change	Indirect: via the Tan Family Trust, of which Mr Tan is a beneficiary, and his wife Mrs Judith Melissa Tan is Trustee: 3,167,000 Ordinary Shares 10,000,000 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	On-market sale to meet an income tax liability arising from the initial grant of 5,000,000 Altech shares on 25 August 2015 (Performance Shares).

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 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
	ASX ANNOUNCEMENT 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

Date of Notice: 13 February 2017