ENERO GROUP LIMITED — Director's Dealing 2018

Oct 21, 2018

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 Enero Group Limited ABN 97 091 524 515

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	Matthew Melhuish
Date of last notice	25 September 2018

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 and Indirect
Nature of indirect interest	Directly held:
(including registered holder)	Matthew Melhuish
Note: Provide details of the circumstances giving rise to the relevant
interest.
	Indirectly held:
	Henawall Pty Limited. Mr Melhuish is a
	director of Henawall Pty Limited.
	Henawall Pty Limited <Melhuish Superfund
	A/C>. Mr Melhuish is a director of Henawall
	Pty Limited.
Date of change	18 October 2018

• 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		Directly held:166,667 Ordinary shares.666,667 share appreciation rights granted on19 October 2017.Indirectly held:Henawall Pty Limited – 1,230,838 ordinaryshares.Henawall Pty Limited <Melhuish SuperfundA/C> - 315,242 ordinary shares.
Class		Share Appreciation RightsOrdinary Shares
Number acquired/transferred		1,800,000 Share Appreciation Rights166,667 Ordinary Shares (indirect)
Number disposed		166,667 Ordinary Shares (direct)
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation		Share Appreciation Rights - granted for nilconsideration.Ordinary shares – Not applicable – off markettransferwithnochangeinbeneficialownership.
No. of securities held after change		Directly held:666,667 share appreciation rights granted on19 October 2017.1,800,000 share appreciation rights granted on18 October 2018.Indirectly held:Henawall Pty Limited – 1,230,838 ordinaryshares.Henawall Pty Limited <Melhuish SuperfundA/C> - 481,909 ordinary shares.
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back		1,800,000 unlisted Share Appreciation Rightsgranted under Enero Group Limited’s ShareAppreciation Rights Plan. The grant wasapproved by shareholders at the Company’sAnnual General Meeting on 18 October 2018.166,667 Ordinary Shares off market transferwith no change in beneficial ownership.

• 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	n/a
Nature of interest	n/a
Name of registered holder(if issued securities)	n/a
Date of change	n/a
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	n/a
Interest acquired	n/a
Interest disposed	n/a
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	n/a
Interest after change	n/a

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed abovetraded during a+closed period where prior written clearance**was required? **	No.
If so, was prior written clearance provided to allow the trade toproceed during this period?	n/a
If prior written clearance was provided, on what date was thisprovided?	n/a

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3