COMMS GROUP LTD — Director's Dealing 2020

Dec 1, 2020

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	Comms Group Limited ACN 619 196 539
ABN	64 619 196 539

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	Claire Bibby
Date of last notice	3 October 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	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
Date of change	1 December 2020
No. of securities held prior to change	8,334 ordinary shares
Class	Ordinary shares

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1 ME_157842875_1

Appendix 3Y Change of Director’s Interest Notice

Number acquired	500,000 performance rights, issued as follows: - 125,000 rights with hurdle price of 12.5c with a minimum vesting period of 18 months form grant date - 125,000 rights with hurdle price of 15c with a minimum vesting period of 18 months form grant date - 125,000 rights with hurdle price of 20c with a minimum vesting period of 30 months form grant date - 125,000 rights with hurdle price of 25c with a minimum vesting period of 30 months form grant date
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	8,334 ordinary shares 500,000 performance rights, issued as follows: - 125,000 rights with hurdle price of 12.5c with a minimum vesting period of 18 months form grant date - 125,000 rights with hurdle price of 15c with a minimum vesting period of 18 months form grant date - 125,000 rights with hurdle price of 20c with a minimum vesting period of 30 months form grant date - 125,000 rights with hurdle price of 25c with a minimum vesting period of 30 months form grant date
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of securities (performance rights) under the CommsChoice Group Equity Plan approved by shareholders on 24 November 2020

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	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2 ME_157842875_1

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Name of registered holder (if issued securities)	N/A
Date of change	N/A
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	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

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?	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 ME_157842875_1