HYDROCARBON DYNAMICS LIMITED — Director's Dealing 2018

Oct 28, 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 Indago Energy Limited

ABN 75 117 387 354

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.

We (the entity) give ASX the following the director for the purposes of section	information under listing rule 3.19A.2 and as agent for 205G of the Corporations Act.
Name of Director	Stephen Mitchell
Date of last notice	27 August 2018
Date of this notice	29 October 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 (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Mawallok Pastoral Company Pty Ltd – Mr Mitchell is a director of the Company
Date of change	24 October 2018

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

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No. of securities held prior to change Direct
4,100,013 fully paid ordinary shares
3,299,999 Stephen Mitchell and Serena
Mitchell
2,000,000 Director Options
The Director Options will vest after 12 months
from issue, i.e. on 1 June 2017 and will convert
on a one-for-one basis with an exercise price
of $0.10 per option exercisable at any time
prior to 5.00pm (Melbourne time) on 1 April
2019.
Indirect
2,600,001 fully paid ordinary shares
Mawallok Pastoral Company Pty Ltd
Class Ordinary Shares
Number acquired Direct
100,000 – fully paid ordinary shares
Stephen Mitchell and Serena Mitchell Mitchell Super Fund A/C>
Number disposed
Value/Consideration $5,589.30
Note: If consideration is non-cash, provide details and valuation
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• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Direct 4,100,013 fully paid ordinary shares 3,399,999 Stephen Mitchell and Serena Mitchell 2,000,000 Director Options The Director Options will vest after 12 months from issue, i.e. on 1 June 2017 and will convert on a one-for-one basis with an exercise price of $0.10 per option exercisable at any time prior to 5.00pm (Melbourne time) on 1 April 2019. Indirect
	2,600,001 fully paid ordinary shares Mawallok Pastoral Company Pty Ltd
Nature of change
Example: on-market trade, off-market trade, exercise of options,	On-market trade
issue of 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 N/A
Name of registered holder N/A
(if issued securities)
Date of change N/A
No. and class of securities to which N/A
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired N/A
Interest disposed N/A
Value/Consideration N/A
Note: If consideration is non-cash, provide details
and an estimated valuation
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• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

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?	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	N/A
provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011