ECOGRAF LIMITED — Director's Dealing 2019

Dec 18, 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	EcoGraf Limited
ABN	15 117 330 757

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	Andrew Spinks
Date of last notice	17 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	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Not applicable
Date of change	18 December 2019
No. of securities held prior to change	a) Andrew Spinks – 4,250,000 fully paid ordinary shares b) Andrew Spinks of which Mr Spinks is a trustee and beneficiary – 7,561,696 fully paid ordinary shares c) Andrew Spinks Trust> - 3,304,434 fully paid ordinary shares
Class	Fully paid ordinary shares
Number acquired	Nil

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number disposed	a) 875,000 shares held by Andrew Spinks b) 875,000 shares held by Andrew Spinks
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil cash consideration as disposal relates to the buy-back and cancellation of shares (Plan Shares) issued under the Company’s Employee Share Plan (Plan) because restriction conditions applying to the Plan Shares were not satisfied by 15 October 2019. Implementation of the buy-back extinguished the outstanding loan owed to the Companyrelating to thePlanShares.
No. of securities held after change	a) Andrew Spinks – 4,250,000 fully paid ordinary shares b) Andrew Spinks of which Mr Spinks is a trustee and beneficiary – 6,686,696 fully paid ordinary shares c) Andrew Spinks Trust> - 2,429,434 fully paid 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	As announced on 4 November 2019, the Company has conducted a buy-back and cancellation of Plan Shares in accordance with the terms of the Plan, as restriction conditions applying to the Plan Shares were not satisfied by 15 October 2019.

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	Not applicable
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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

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?	Not applicable
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.

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