MAGONTEC LIMITED — Director's Dealing 2018

Jan 3, 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 Magontec Limited ABN 51 010 441 666

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	Nicholas William Andrews
Date of last notice	19 May 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	Change of Direct Interest
Nature of indirect interest
(including registered holder)	Indirect interest does not alter
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	31 December 2017
	20,870,953 Listed ordinary fully paid shares of which
	• 15,409,401 are held indirectly and
	• 5,461,552 are held directly
No. of securities held prior to change
	17,920,607 Unlisted Performance Rights held directly
Class	Unlisted Performance Rights
	NA
Number acquired
	6,833,947 performance rights lapsed on 31 December
Number disposed	2017 in respect of the performance period 1 Jan 2015 to
	31 Dec 2017
Value/Consideration
Note: If consideration is non-cash, provide details and estimated	NA
valuation

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

20,870,953 Listed ordinary fully paid shares of which • 15,409,401 are held indirectly and No. of securities held after change • 5,461,552 are held directly 11,086,660 Unlisted Performance Rights held directly Performance Rights had the capacity to partially or fully Nature of change vest as ordinary shares if the Company’s closing share Example: on-market trade, off-market trade, exercise of options, issue price on 31 December 2017 was at or above $0.046. of securities under dividend reinvestment plan, participation in buyThat was not satisfied and therefore Performance Rights back lapsed on 31 December 2017.

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	-
Nature of interest	-
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

Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	-
If so, was prior written clearance provided to allow the trade to proceed during this period?	-
If prior written clearance was provided, on what date was this provided?	-

Date Lodged 4 January 2018

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011