CAPRAL LIMITED — Director's Dealing 2019

Apr 17, 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	Capral Limited
ABN	78 004 213 692

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	Anthony Matthew Dragicevich
Date of last notice	1 April 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	1&2. Direct 3. Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	~~2 Di~~ 1&2. N/A 3. Dragant Superannuation Account
Date of change	16 April 2019
No. of securities held prior to change	1. 7,974,675 ordinary shares 2. 2,000,000 Rights granted that may expire on 1 March 2020 pursuant to shareholder approval on 11 May 2017, under the Capral Limited Long Term Incentive Plan and 2,200,000 Rights granted that may expire on 1 March 2021 pursuant to shareholder approval on 19 April 2018 under the Capral Limited Long Term Incentive Plan. 3. 2,000,000 ordinary shares
Class	1&3. Ordinary shares 2. Performance rights that automatically convert to ordinary shares in Capral on a one for one basis upon vesting
Number acquired	1 & 3. N/A 2. 2,350,000 Rights that may expire on 1 March 2022
Number disposed	N/A

• 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	N/A
No. of securities held after change	1. 7,974,675 ordinary shares 2. 2,000,000 Rights granted that may expire on 1 March 2020 pursuant to shareholder approval on 11 May 2017, 2,200,000 Rights granted that may expire on 1 March 2021 pursuant to shareholder approval on 19 April 2018 and 2,350,000 Rights granted that may expire on 1 March 2022 pursuant to shareholder approval on 16 April 2019, under the Capral Limited Long Term Incentive Plan. 3. 2,000,000 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	Grant of 2,350,000 Rights following shareholder approval at Capral’s 2019 Annual General Meeting and pursuant to the Capral Limited Long Term Incentive Plan

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

Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	N/A
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