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READCLOUD LIMITED Director's Dealing 2020

Nov 5, 2020

65670_rns_2020-11-05_6d993de4-2f91-4308-859a-273c8dbbd237.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 24 September 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 therelevant interest. HunmarHoldingsPtyLtd(Directorandshareholder)Mr Darren Hunter & Ms Sandra Margate (Joint trustee andbeneficiary)
Date of change 6 November 2020

+ See chapter 19 for defined terms.

No. of securities held prior to change Direct
2,750,000 Fully Paid Ordinary Sharesescrowed for 24 months from the
date of listing
2,750,000 Performance Rights escrowed for
24 months from the date of listing
IndirectHunmar Holdings Pty Ltd
340,080Fully Paid Ordinary Share
3,477,706 Fully Paid Ordinary Shares
escrowed for 24 months from the
date of listing
Mr Darren Hunter & Ms Sandra Margate
329,986Fully Paid Ordinary Shares
112,108Fully Paid Ordinary Shares
escrowed for 24 months from thedate of listing.
75,000Options exercisable at $0.30 (30
cents) per Option, on or before 30
November 2020.
Class (a)Ordinary Fully Paid Shares
(b)Options exercisable at $0.30 (30 cents)
per Option, on or before 30 November
2020
Number acquired (a)75,000
Number disposed (b)75,000
Value/Consideration $22,500
Note: If consideration is non-cash, provide details and estimatedvaluation
No. of securities held after change Direct
2,750,000 Fully Paid Ordinary Shares
Indirect
Hunmar Holdings Pty Ltd
3,817,786 Fully Paid Ordinary Share
Mr Darren Hunter & Ms Sandra Margate
517,094Fully Paid Ordinary Shares
Nature of changeExample: on-market trade, off-market trade, exercise of options, Exercise of Options
issue of securities under dividend reinvestment plan, participation
in buy-back

+ 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 towhichinterest related prior tochangeNote: 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 -

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.