EML PAYMENTS LIMITED — Director's Dealing 2013

Dec 15, 2013

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 Emerchants Limited

ABN 93 104 757 904

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	Tony Adcock
Date of last notice	30 July 2012

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.		N/A
Date of change		10 December 2013.
No. of securities held prior to change		80,549 EML Fully Paid Ordinary Shares.
Class		Unlisted Options.
Number acquired		Direct 450,310 Unlisted Options vesting in 7 tranches over the period 31 December 2013 to 30 June 2014. Tranche 1 vests on 31 December 2013 and the remaining 6 tranches vest in equal amounts on the last day of each month up to and including 30 June 2014. The Unlisted Options are in voluntary escrow until 29 February 2016 and expire on 31 March 2016. Indirect Nil
Number disposed		Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		AU$84,438 Director fees foregone for the issue of the Unlisted Options.

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

80,549 EML Fully Paid Ordinary Shares; and 450,310 Unlisted Options vesting in 7 tranches over the period 31 December 2013 to 30 June 2014. Tranche 1 vests on 31 December 2013 and No. of securities held after change the remaining 6 tranches vest in equal amounts on the last day of each month up to and including 30 June 2014. The Unlisted Options are in voluntary escrow until 29 February 2016 and expire on 31 March 2016. Nature of change Issue of Unlisted Options approved by Example: on-market trade, off-market trade, exercise of options, issue of shareholders at the AGM on 13 November 2013. 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.

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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
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Part 3 –[+] Closed period

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Were the interests in the securities or contracts detailed above
traded during a [+] closed period where prior written clearance was No
required?
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
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• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011