DOTZ NANO LIMITED — Director's Dealing 2013

Jul 14, 2013

ASX ANNOUNCEMENT 15 July 2013 by e-lodgement

INITIAL / FINAL DIRECTORS INTEREST NOTICE AND LISTING RULE 3.16.4 INFORMATION

Further to the announcement by Northern Iron Limited (ASX:NFE, “Company”) on 4 July 2013, in relation to Director changes, please find attached the following:

• ASX Appendix 3X “Initial Directors Interest Notice” in respect of Mr Antony Beckmand’s appointment

• ASX Appendix 3Z “Final Directors Interest Notice” in respect of Mr John Sanderson’s resignation

• Annexure A – containing additional information required under Listing Rule 3.16.4

For and on behalf of the board.

Alex Neuling Company Secretary

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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 30/9/2001.

Name of entity	NORTHERN IRON LIMITED
ABN	71 125 264 575

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Antony Beckmand
Date of appointment	8 July 2013

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

None

• See chapter 19 for defined terms.

11/3/2002

Appendix 3X Page 1

Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interestNote: Provide details of the circumstances giving rise tothe relevant interest.N/A	Number & class of SecuritiesNone	Number & class of SecuritiesNone

Part 3 – 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	None / Not applicable
Nature of interest
Name of registered holder
(if issued securities)
No. and class of securities to which
interest relates

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002

Appendix 3Z Final Director’s Interest Notice

Rule 3.19A.3

Appendix 3Z

Final 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 30/9/2001.

Name of entity	NORTHERN IRON LIMITED
ABN	71 125 264 575

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	John Stuart Sanderson
Date of last notice	14 November 2012
Date that director ceased to be director	8 July 2013

Part 1 – Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

Shares

360,000 Fully Paid Ordinary Shares

Options

1,500,000 Unlisted Options expiring on 24 August 2013. Exercise prices as follows:

a) 500,000 @$2.06

b) 500,000 @ $2.41

c) 500,000 @ $2.91

• See chapter 19 for defined terms.

11/3/2002

Appendix 3Z Page 1

Appendix 3Z Final Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

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.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of Number & class of securities interest Note: Provide details of the circumstances giving rise to the relevant interest None

Part 3 – Director’s interests in contracts

Detail of contract	None / Not applicable
Nature of interest
Name of registered holder(if issued securities)
No. and class of securities towhich interest relates

• See chapter 19 for defined terms.

Appendix 3Z Page 2

11/3/2002

ANNEXURE A - LISTING RULE 3.16.4 INFORMATION

Key Terms of Employment for Mr Antony Beckmand

Mr Beckmand will receive a combination of fixed remuneration, together with being eligible to receive additional short and long term incentives under the Company’s short and long term incentive plans. Further details of NFE’s short and long term incentive framework are included in NFE’s 2012 Annual Report, available on the Company’s website at www.northerniron.com.au .

Base Salary – Total Fixed Remuneration

A fixed base salary of $415,000 per annum exclusive of statutory superannuation.

Long Term Incentive

Subject to the ASX Listing Rules and relevant Board and shareholder approvals (as applicable) Mr Beckmand will be entitled to participate in the Company’s long term incentive scheme as varied from time to time.

Short Term Incentive

Mr Beckmand will be entitled to participate in the Company’s Short Term Incentive Bonus Scheme subject to determination of appropriate KPIs by the Board. The STI Bonus will be set at a rate of no more than 50% of base salary.

Other Key Terms

Mr Beckmand’s contract has no fixed period. In the event of termination without cause, the Company is required to give Mr Beckmand one month’s notice and make a payment equal to six months base salary (plus superannuation).

In the event of a change of control event, subject to the Corporations Act and ASX Listing Rules, any unvested STI and LTI entitlements automatically vest.