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	David Liddy
Date of last notice	14 December 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	Indirect and Direct.
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Invia Custodian Pty Limited < Liddy Family Super Fund a/c > Holding in custody for: MHB Nominees Qld Pty Ltd atf Liddy Family Super Fund
Date of change	10 December 2013.
No. of securities held prior to change	1,000,000 EML Fully Paid Ordinary Shares.
Class	Unlisted Options.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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.
No. of securities held after change		1,000,000 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 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 Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		Issue of Unlisted Options approved by shareholders at the AGM on 13 November 2013.

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
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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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? **	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.

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