HIGHFIELD RESOURCES LIMITED — Director's Dealing 2018

Jun 11, 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 Highfield Resources Limited ABN 51 153 918 257

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	Peter Albert
Date of last notice	13 December 2017

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		Sonedala Albert – Spouse
Date of change		6 June 2018
No. of securities held prior to change		Sonedala Albert–Spouse - 78,000 ordinary fully paid shares - 2,000,000 unlisted options exercisable at $1.85 each on or before 30 June 2024 - 1,420,654 unlisted options exercisable at $1.34 each on or before 30 June 2025
Class		Unlisted options exercisable at $1.29 each on or before 31 December 2025. The options are subject to vesting conditions which are tested on 31 December 2020. Vesting is subject to the satisfaction of Market Performance and Total Shareholder Return as outlined in the Notice of Annual General Meeting dated 20 April 2018.
Number acquired		2,192,287
Number disposed		-

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		Nil. Options were issued as part of an incentive based remuneration package and pursuant to shareholder approval.
No. of securities held after change		Sonedala Albert–Spouse - 78,000 ordinary fully paid shares - 2,000,000 unlisted options exercisable at $1.85 each on or before 30 June 2024 - 1,420,654 unlisted options exercisable at $1.34 each on or before 30 June 2025 - 2,192,287 unlisted options exercisable at $1.29 each on or before 31 December 2025
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 securities as approved by shareholders on 24 May 2018.

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 which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

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?	N/A – grant of options is excluded from the Company Trading Policy.
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.

Appendix 3Y Page 2

01/01/2011