GR ENGINEERING SERVICES LIMITED — Director's Dealing 2018

Jul 9, 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	GR Engineering Services Limited
ABN	12 121 542 738

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 Geoffrey Michael Jones

Date of last notice 14 September 2016

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 (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	200,000 fully paid ordinary shares held by the Lee-Jones Superannuation Fund
Date of change	9 July 2018
No. of securities held prior to change	635,705 fully paid ordinary shares directly and indirectly as follows: • 435,705 fully paid ordinary shares held directly by Geoffrey Michael Jones. • 200,000 fully paid ordinary shares held by the Lee-Jones Superannuation Fund. Share Appreciation Rights held directly as follows: • 231,334 Vesting on 30 June 2018 subject to vesting conditions being met. • 650,000 Vestingon30June 2019

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

				subject to vesting conditions being met. • 500,000 Vesting on 30 June 2020 subject to vesting conditions being met.	subject to vesting conditions being met. • 500,000 Vesting on 30 June 2020 subject to vesting conditions being met.	subject to vesting conditions being met. • 500,000 Vesting on 30 June 2020 subject to vesting conditions being met.	subject to vesting conditions being met. • 500,000 Vesting on 30 June 2020 subject to vesting conditions being met.
		Class		Fully paid ordinary shares.
				Share Appreciation Rights.
		Number acuired		6 fll id di h
		q		13,429 uy pa ornary sares.
		Number disposed		231,334 Share Appreciation Rights.
		Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		Nil
		No. of securities held after change		772,134 fully and indirectl • 572,1	paid ordinary shar y as follows: 34 fully paid ordin	es directly ary shares
				held	directly by Geoffre	y Michael
				Jones	.
				• 200	00 full aid ordin	ar shares
				, y p held by the Superannuation Fund.		y Lee-Jones
				Share Appre	ciation Rights held	directly as
				follows: • 650,0	00 Vesting on 30	June 2019
				subje	ct to vesting c	onditions
				being	met.
				• 500,0 subje	00 Vesting on 30 ct to vesting	June 2020 onditions
				bein	met.
		Nature of change Example: on-market trade, off-market trade, exercise of	options,	Fully paid the vestin	ordinary shares iss of Share Areciati	ued upon on Rihts
		issue of securities under dividend reinvestment plan, particip buy-back	ation in	g pursuant to Limited Equ	pp the GR Engineerin ity Incentive Plan	g g Services
				.

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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Appendix 3Y Change of Director’s Interest Notice

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

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?	Not applicable.
If prior written clearance was provided, on what date was this provided?	Not applicable.

• See chapter 19 for defined terms.

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