COKAL LIMITED — Director's Dealing 2019

Feb 26, 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	Cokal Limited
ABN	55 082 541 437

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	Gerhardus (Garry) Kielenstyn
Date of last notice	22 December 2017

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.
Date of change	24 February 2019
No. of securities held prior to change	4,000,000 unlisted options ($0.126 @ 24- Feb-19)
	1,000,000 unlisted options ($0.12 @ 22- Dec-20,
	vesting on production of 100,000 tonnes of coal)
	4,000,000 ($0.15 @ 22-Dec-20, vesting on
	achieving a consistent production rate for three
	months of 45,000 tonnes of coalper month)
Class	Unlisted Options
Number acquired	Nil
Number disposed	4,000,000 Unlisted Options

• See chapter 19 for defined terms. 01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration	Not applicable
Note: If consideration is non-cash, provide details and
estimated valuation
No. of securities held after change	1,000,000 unlisted options ($0.12 @ 22- Dec-20, vesting on production of 100,000 tonnes of coal)
	4,000,000 ($0.15 @ 22-Dec-20, vesting on
	achieving a consistent production rate for three
	months of 45,000 tonnes of coalper month)
Nature of change	Expiry of Unlisted Options
Example: on-market trade, off-market trade, exercise
of options, issue of securities under dividend
reinvestment plan, participation in buy-back

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 N/A above traded during a[+] closed period where prior written clearance was required?

• See chapter 19 for defined terms. Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

If so, was prior written clearance provided to allow the	N/A
trade to proceed during this period?
If prior written clearance was provided, on what date was	N/A
this provided?

• See chapter 19 for defined terms. 01/01/2011

Appendix 3Y Page 3