ECHOIQ LIMITED — Director's Dealing 2020

Jul 28, 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	Houston We Have Limited
ABN	48 142 901 353

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	Mr Andrew Grover
Date of notice	29 July 2020
Date of last notice	14 May 2020 (Appendix 3Y)

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	N/A This Notice details the change in the direct holding of A22 Pty Limited, a company wholly owned and controlled by Robyn Grover, whose spouse is Andrew Grover. Mr Grover has no relevant interest in the shares held by A22 Pty Limited, and this disclosure is made in the interest of good corporate governance practices.
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	N/A
Date of change	29 July 2020

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	13,116,414 fully paid ordinary shares 3,000,000 unquoted options exercisable at $0.04 on or before 30 June 2022 3,000,000 unquoted options exercisable at $0.08 on or before 30 June 2023 2,500,000 Class D performance shares 2,500,000 Class E performance shares
Class	Fully paid ordinary shares
Number acquired	4,000,000
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Deemed issue price of $0.03
No. of securities held after change	17,116,414 fully paid ordinary shares (4,000,000 shares are subject to voluntary escrow up to and including 11 September 2020, or until such time as HWH is able to issue a ‘cleansing notice’ under section 708A of the Corporations Act 2001(Cth)) 3,000,000 unquoted options exercisable at $0.04 on or before 30 June 2022 3,000,000 unquoted options exercisable at $0.08 on or before 30 June 2023 2,500,000 Class D performance shares 2,500,000 Class E performance 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	Issued pursuant to shareholder approval obtained on 9 August 2019 as director remuneration in lieu of cash payment.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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	Employment as Executive Chairman
Nature of interest	Direct
Name of registered holder (if issued securities)	N/A
Date of change	29 July 2020
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	Following shareholder approval received at the AGM held on 9 August 2019, Andrew Grover (or his nominee/s) will be issued the following securities (post-consolidation quantities) as part of his remuneration.  4,000,000 fully paid ordinary shares at a deemed issue price of $0.03 in lieu of cash payments for his director’s remuneration ($120,000 excluding superannuation) for the initial 12 month period following reinstatement of the Company’s securities to trading on ASX. The Company intends to issue these shares after the remuneration liability has accrued. The first tranche, being those shares accruing within the financial year ending 30 June 2020 will be issued no later than 30 days after the end of the financial year ending 30 June 2020, pursuant to an ASX listing rule waiver obtained by the Company.
Interest acquired	N/A
Interest disposed	This contractual interest ended on issue of the shares the subject of this Appendix 3Y.
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	Nil.

Part 3 –[+] Closed period

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