LATITUDE 66 LIMITED — Director's Dealing 2018

Oct 25, 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 Syndicated Metals Limited ABN 61 115 768 986

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 Morgan
Date of last notice	9 February 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 & Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Mr Morgan is a director of Emlyn Holdings andPenygroes Pty Ltd and a beneficiary of Glyn DwrTrust and Morgold Superannuation Fund.
Date of change	26 October 2018
No. of securities held prior to change	10,595,885 shares held by Emlyn Holdings Pty Ltdas trustee for Glyn Dwr Trust.3,370,792 shares held by DBG Morgan and FMMorgan as trustee for Morgold SuperannuationFund.2,000,000 unlisted options held by Penygroes PtyLtd.2,000,000 shares held byMr DBG Morgan.
Class	Unlisted options.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	Tranche 1 – 1,666,666 options with an exerciseprice of 1.35 cents each, vesting immediately andexpiring on 9 September 2022.Tranche 2 – 1,666,667 options with an exerciseprice of 1.58 cents each, vesting 6 months fromissue and expiring on 9 September 2022.Tranche 3 – 1,666,667 options with an exerciseprice of 1.8 cents each, vesting 12 months fromissue and expiring on 9 September 2022.
Number disposed	Nil.
Value/ConsiderationNote: If consideration is non‐cash, provide details and estimatedvaluation	Nil.
No. of securities held after change	10,595,885 shares held by Emlyn Holdings Pty Ltdas trustee for Glyn Dwr Trust.3,370,792 shares held by DBG Morgan and FMMorgan as trustee for Morgold SuperannuationFund.7,000,000 unlisted options held by Penygroes PtyLtd.2,000,000 shares held by Mr DBG Morgan.
Nature of changeExample: on‐market trade, off‐market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy‐back	Issue of Incentive Options as approved byshareholders at the Annual General Meeting heldon 25 October 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 thispart.
Detail of contract	Nil.
Nature of interest
Name of registered holder(if issued securities)
Date of change
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
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non‐cash, provide detailsand an estimated valuation
Interest after change

`

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed abovetraded during a+closed period where prior written clearance wasrequired?	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

Date of Notification: 26 October 2018

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3