RAREX LIMITED — Director's Dealing 2020

Feb 20, 2020

Appendix 3Z Final Director’s Interest Notice

Rule 3.19A.3

Appendix 3Z

Final 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 30/9/2001.

Introduced 30/9/2001.
Name of entity	RareX Limited
ABN	65 105 578 756

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Scott Patrizi
Date of last notice	13 December 2019
Date that director ceased to be director	18 February 2020

Part 1 – Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

Nil

• See chapter 19 for defined terms.

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Appendix 3Z Final Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

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.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interestNote: Provide details of the circumstances givingrise to the relevant interestHeld by Valtellin Pty Ltd ATFAgneii Family Trust of which MrPatriziisadirectorandbeneficiary

Number & class of securities•1,414,706 fully paid ordinary shares•1,200,000 unquoted options exercisable at$0.1625 each and expiring on 31 December2020•250,000 unquoted performance rightsvesting 12 months after the date that the 10day VWAP for REE shares on the ASX is$0.25 or higher within 3 years from thedate of issue, provided that the holderdoes not resign from the Board before thevesting date•250,000 unquoted performance rightsvesting 12 months after the date that the 10day VWAP for REE shares on the ASX is$0.375 or higher within 3 years from thedate of issue, provided that the holderdoes not resign from the Board before thevesting date•250,000 unquoted performance rightsvesting 12 months after the date that the 10day VWAP for REE shares on the ASX is$0.50 or higher within 3 years from thedate of issue, provided that the holderdoes not resign from the Board before thevesting date•1,000,000 unquoted options exercisable at$0.0607 each expiring 12 December 2022and vesting on the 20 Day VWAP of REEshares exceeding $0.10•1,000,000 unquoted options exercisable at$0.0607 each expiring 12 December 2022and vesting on the 20 Day VWAP of REEshares exceeding $0.15•1,000,000 unquoted options exercisable at$0.0607 each expiring 12 December 2022and vesting on the 20 Day VWAP of REEshares exceeding $0.20

• See chapter 19 for defined terms.

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Appendix 3Z Final Director’s Interest Notice

Part 3 – Director’s interests in contracts

Part 3 – Director’s interests in contracts
Detail of contract	N/A
Nature of interest	N/A
Name of registered holder	N/A
(if issued securities)
No. and class of securities to which	N/A
interest relates

• See chapter 19 for defined terms.

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