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READCLOUD LIMITED Director's Dealing 2018

Mar 12, 2018

65670_rns_2018-03-12_8cef2749-b405-4afb-adb7-683fa9b5fdbf.pdf

Director's Dealing

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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 READCLOUD LIMITED
ABN 44 136 815 891

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 Darren Hunter
Date of last notice 6 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. HunmarHoldingsPtyLtd(Directorandshareholder)Mr Darren Hunter & Ms Sandra Margate (Joint trustee and
beneficiary)
Date of change 13 March 2018

+ See chapter 19 for defined terms.

No. of securities held prior to change Direct
5,500,000 Performance Rights escrowed for24 months from the date of listing
IndirectHunmar Holdings Pty Ltd340,080Fully Paid Ordinary Share3,477,706 Fully Paid Ordinary Sharesescrowed for 24 months from thedate of listing
Mr Darren Hunter & Ms Sandra Margate97,486Fully Paid Ordinary Shares112,108Fully Paid Ordinary Sharesescrowed for 24 months from thedate of listing.150,000Fully Paid Ordinary Shares75,000Options exercisable at $0.30 (30cents) per Option, on or before 30November 2020.
Class Ordinary Fully Paid Shares
Number acquired 82,500 Ordinary Shares
Number disposed -
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation $29,841
No. of securities held after change Direct5,500,000 Performance Rights escrowed for24 months from the date of listing
IndirectHunmar Holdings Pty Ltd340,080Fully Paid Ordinary Share3,477,706 Fully Paid Ordinary Sharesescrowed for 24 months from thedate of listingMr Darren Hunter & Ms Sandra Margate179,986Fully Paid Ordinary Shares112,108Fully Paid Ordinary Sharesescrowed for 24 months from thedate of listing.150,000Fully Paid Ordinary Shares75,000Options exercisable at $0.30 (30cents) per Option, on or before 30November 2020.
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back On-market trade

+ See chapter 19 for defined terms.

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 tochange
Note: Details are only required for a contract inrelation to which the interest has changed
Interest acquired -
Interest disposed -
Value/Consideration -
Note: If consideration is non-cash, provide detailsand an estimated valuation
Interest after change -

Part 3 – +Closed period

Were the interests in the securities or contractsdetailed above traded during a +closed period whereprior written clearance was required? No
If so, was prior written clearance provided to allow thetrade to proceed during this period? N/A
If prior written clearance was provided, on what datewas this provided? N/A

+ See chapter 19 for defined terms.