BUTN LIMITED — Director's Dealing 2021

Nov 8, 2021

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	Butn Limited
ABN	644 182 883

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	Georg Johann Chmiel
Date of last notice	07/07/2021

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	N/a
Date of change	1. 03/11/2021 2. 04/11/2021
No. of securities held prior to change	60,000 ordinary fully paid shares. 306,250 unlisted options exercisable at $0.50 per option on or before 8 January 2026, which vest as follows:  102,084 vested 6 July 2021;  102,083 vest on 6 July 2022; and  102,083 vest on 6 July 2023.
Class	ordinary fully paid shares
Number acquired	1. 03/11/2021 – 10,000 2. 04/11/2021–10,000
Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	1. 03/11/2021 – $3,000 2. 04/11/2021 – $3,000

• See chapter 19 for defined terms.

01/01/2011

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	80,000 ordinary fully paid shares. 306,250 unlisted options exercisable at $0.50 per option on or before 8 January 2026, which options vest as follows:  102,084 vested 6 July 2021;  102,083 vest on 6 July 2022; and  102,083 vest on 6 July 2023.
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 purchases

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
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

Part 3 –[+] Closed period

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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