RIVCO AUSTRALIA LTD — Director's Dealing 2023

Aug 31, 2023

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ASX ANNOUNCEMENT
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1 September 2023

ASX Market Announcements Office Australian Securities Exchange Limited 20 Bridge Street SYDNEY NSW 2000

Appendix 3Y – Change of Director’s Interest Notice

Mr Stephen Duerden, in respect of shares held in Duxton Water Limited ( ASX: D2O , “Duxton Water” or “the Company”) by Duxton Capital Investments Pty Limited, a company of which Messrs Peter and Duerden are Directors and have a notifiable interest in.

Due to an inadvertent administrative oversight, Appendix 3Y Change of Director’s Interest Notices for Messrs Peter and Duerden were not lodged at the time the Duxton Water shares were acquired by Duxton Capital Investments Pty Limited. The Company advises that the Appendix 3Y Change of Director’s Interest Notices that follow are in respect of Duxton Water shares held by Duxton Capital Investments Pty Limited only. Other direct or indirect interests held by Messrs Peter and Duerden are current as disclosed.

in Director’s interests will be disclosed correctly.

About Duxton Water Limited

Duxton Water provides shareholders with direct exposure to Australian water markets. The Company generates a return by leasing its portfolio of permanent water entitlements to Australian farming businesses, with the unleased portfolio being sold into the forward and spot allocation markets each year.

For all enquiries, please contact Duxton Water Limited on +61(8) 8130 9500.

This announcement has been authorised for release by the Company Secretary of Duxton Water Limited.

Duxton Water Limited 7 Pomona Road, Stirling SA 5152 www.duxtonwater.com.au

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 Duxton Water Limited ABN 611 976 517

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	Edouard Peter
Date of last notice	5 May 2023

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		Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		Shares held by Duxton Capital Investments Pty Ltd, of which Mr Peter is a Director.
Date of change		26 October 2021
No. of securities held prior to change		Direct_(Current to 9 June 2023) 422,846 Fully Paid Ordinary Shares Indirect(Current to 9 June 2023)_ (a) Peter Family Trust A/C 5,251,831 Fully Paid Ordinary Shares (b) BNP Paribas NOMS Pty Ltd 1,500,000 Fully Paid Ordinary Shares (c) Peter Family A/C 150,000 Fully Paid Ordinary Shares *Refer Schedule 1
Class		Fully Paid Ordinary Shares
Number acquired		100,000 Fully Paid Ordinary Shares

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number disposed		-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$140,463.75
No. of securities held after change		Direct_(Current to 9 June 2023) 422,846 Fully Paid Ordinary Shares Indirect(Current to 9 June 2023)_ (a) Peter Family Trust A/C 5,251,831 Fully Paid Ordinary Shares (b) BNP Paribas NOMS Pty Ltd 1,500,000 Fully Paid Ordinary Shares (c) Peter Family A/C 150,000 Fully Paid Ordinary Shares Duxton Capital Investments Pty Ltd, of which Mr Peter is a Director, holds 100,000 Fully Paid Ordinary Shares.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back		On-market trade

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	n/a
Nature of interest	n/a
Name of registered holder (if issued securities)	n/a
Date of change	n/a
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	n/a
Interest acquired	n/a

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Interest disposed	n/a
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	n/a
Interest after change	n/a

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	no
If so, was prior written clearance provided to allow the trade to proceed during this period?	n/a
If prior written clearance was provided, on what date was this provided?	n/a

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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 Duxton Water Limited ABN 611 976 517

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	Edouard Peter
Date of last notice	5 May 2023

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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Shares held by Duxton Capital Investments Pty Ltd, of which Mr Peter is a Director.
Date of change	11 November 2021 – 133,915 units 12 November 2021 – 206,017 units 25 November 2021 – 7,344 units

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change		Direct_(Current to 9 June 2023) 422,846 Fully Paid Ordinary Shares Indirect(Current to 9 June 2023)_ (a) Peter Family Trust A/C 5,251,831 Fully Paid Ordinary Shares (b) BNP Paribas NOMS Pty Ltd 1,500,000 Fully Paid Ordinary Shares (c) Peter Family A/C 150,000 Fully Paid Ordinary Shares Duxton Capital Investments Pty Ltd, of which Mr Peter is a Director, holds 100,000 Fully Paid Ordinary Shares.
Class		Fully Paid Ordinary Shares
Number acquired		347,276 Fully Paid Ordinary Shares
Number disposed		-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		Nil. Shares transferred for the purposes of an accounting restructure from an entity under the same parent as Duxton Capital Investments PtyLtd.
No. of securities held after change		Direct_(Current to 9 June 2023) 422,846 Fully Paid Ordinary Shares Indirect(Current to 9 June 2023)_ (a) Peter Family Trust A/C 5,251,831 Fully Paid Ordinary Shares (b) BNP Paribas NOMS Pty Ltd 1,500,000 Fully Paid Ordinary Shares (c) Peter Family A/C 150,000 Fully Paid Ordinary Shares Duxton Capital Investments Pty Ltd, of which Mr Peter is a Director, holds 447,276 Fully Paid Ordinary Shares.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back		Shares transferred for the purposes of an accounting restructure from an entity under the same parent as Duxton Capital Investments Pty Ltd.

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 5

Appendix 3Y Change of Director’s Interest Notice

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	n/a
Nature of interest	n/a
Name of registered holder (if issued securities)	n/a
Date of change	n/a
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	n/a
Interest acquired	n/a
Interest disposed	n/a
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	n/a
Interest after change	n/a

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	no
If so, was prior written clearance provided to allow the trade to proceed during this period?	n/a
If prior written clearance was provided, on what date was this provided?	n/a

• See chapter 19 for defined terms.

Appendix 3Y Page 6

01/01/2011

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 Duxton Water Limited ABN 611 976 517

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	Edouard Peter
Date of last notice	5 May 2023

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		Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		Shares held by Duxton Capital Investments Pty Ltd, of which Mr Peter is a Director.
Date of change		24 May 2022 – 150,000 units 25 May 2022 – 62,125 units
No. of securities held prior to change		Direct_(Current to 9 June 2023) 422,846 Fully Paid Ordinary Shares Indirect(Current to 9 June 2023)_ (a) Peter Family Trust A/C 5,251,831 Fully Paid Ordinary Shares (b) BNP Paribas NOMS Pty Ltd 1,500,000 Fully Paid Ordinary Shares (c) Peter Family A/C 150,000 Fully Paid Ordinary Shares Duxton Capital Investments Pty Ltd, of which Mr Peter is a Director, holds 447,276 Fully Paid Ordinary Shares.

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 7

Appendix 3Y Change of Director’s Interest Notice

Class		Fully Paid Ordinary Shares
Number acquired		212,125 Fully Paid Ordinary Shares
Number disposed		-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$330,852.15
No. of securities held after change		Direct_(Current to 9 June 2023) 422,846 Fully Paid Ordinary Shares Indirect(Current to 9 June 2023)_ (a) Peter Family Trust A/C 5,251,831 Fully Paid Ordinary Shares (b) BNP Paribas NOMS Pty Ltd 1,500,000 Fully Paid Ordinary Shares (c) Peter Family A/C 150,000 Fully Paid Ordinary Shares Duxton Capital Investments Pty Ltd, of which Mr Peter is a Director, holds 659,401 Fully Paid Ordinary Shares.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back		On-market trade.

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	n/a
Nature of interest	n/a
Name of registered holder (if issued securities)	n/a
Date of change	n/a
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	n/a

• See chapter 19 for defined terms.

Appendix 3Y Page 8

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Interest acquired	n/a
Interest disposed	n/a
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	n/a
Interest after change	n/a

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	no
If so, was prior written clearance provided to allow the trade to proceed during this period?	n/a
If prior written clearance was provided, on what date was this provided?	n/a

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 9

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 Duxton Water Limited ABN 611 976 517

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	Edouard Peter
Date of last notice	5 May 2023

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		Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		Shares held by Duxton Capital Investments Pty Ltd, of which Mr Peter is a Director.
Date of change		9 June 2023
No. of securities held prior to change		Direct_(Current to 9 June 2023) 422,846 Fully Paid Ordinary Shares Indirect(Current to 9 June 2023)_ (a) Peter Family Trust A/C 5,251,831 Fully Paid Ordinary Shares (b) BNP Paribas NOMS Pty Ltd 1,500,000 Fully Paid Ordinary Shares (c) Peter Family A/C 150,000 Fully Paid Ordinary Shares Duxton Capital Investments Pty Ltd, of which Mr Peter is a Director, holds 659,401 Fully Paid Ordinary Shares.

• See chapter 19 for defined terms.

Appendix 3Y Page 10

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Class		Fully Paid Ordinary Shares
Number acquired		-
Number disposed		4,556
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$7,335.16 based on the closing price of D2O shares on 30 September 2022 ($1.61)
No. of securities held after change		Direct_(Current to 9 June 2023) 422,846 Fully Paid Ordinary Shares Indirect(Current to 9 June 2023)_ (a) Peter Family Trust A/C 5,251,831 Fully Paid Ordinary Shares (b) BNP Paribas NOMS Pty Ltd 1,500,000 Fully Paid Ordinary Shares (c) Peter Family A/C 150,000 Fully Paid Ordinary Shares Duxton Capital Investments Pty Ltd, of which Mr Peter is a director, holds 654,845 Fully Paid Ordinary Shares.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back		Shares transferred to an employee of the Investment Manager of Duxton Water Limited, for the purpose of granting a discretionary bonus.

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	n/a
Nature of interest	n/a
Name of registered holder (if issued securities)	n/a
Date of change	n/a
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	n/a

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 11

Appendix 3Y Change of Director’s Interest Notice

Interest acquired	n/a
Interest disposed	n/a
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	n/a
Interest after change	n/a

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	no
If so, was prior written clearance provided to allow the trade to proceed during this period?	n/a
If prior written clearance was provided, on what date was this provided?	n/a

Schedule 1 – Interests of Edouard Peter as at relevant dates in above Appendix 3Y Change of Director’s Interest Notices

Interests	26-Oct-21	11-Nov-21	12-Nov-21	25-Nov-21	24-May-22	25-May-22	9-Jun-23
Direct	386,282	386,282	386,282	386,282	388,397	388,397	422,846
Julie Peter (Indirect)	1,843,480	1,843,480	1,843,480	1,843,480	1,843,480	1,843,480	-
E&J Super Fund (Indirect)	95,180	95,180	95,180	95,180	95,180	95,180	-
Peter Family Trust A/C (Indirect)	8,890,000	8,890,000	8,890,000	8,890,000	8,890,000	8,890,000	5,251,831
BNP Paribas Noms Pty Ltd (Indirect)	-	-	-	-	-	-	1,500,000
Peter Family A/C (Indirect)	-	-	-	-	-	-	150,000
Duxton Capital Investments Pty Ltd (Indirect)	100,000	233,915	439,932	447,276	597,276	659,401	654,845

• See chapter 19 for defined terms.

Appendix 3Y Page 12

01/01/2011

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 Duxton Water Limited ABN 611 976 517

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	Stephen Duerden
Date of last notice	15 August 2023

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		Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		Shares held by Duxton Capital Investments Pty Ltd, of which Mr Duerden is a Director.
Date of change		26 October 2021
No. of securities held prior to change		Direct_(current to 15 August 2023) 52,715 Fully Paid Ordinary Shares Indirect(current to 15 August 2023)_ 59,314 Fully Paid Ordinary Shares (Duerden Family A/C> *Refer Schedule 2
Class		Fully Paid Ordinary Shares
Number acquired		100,000 Fully Paid Ordinary Shares
Number disposed		-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$140,463.75

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change		Direct_(current to 15 August 2023) 52,715 Fully Paid Ordinary Shares Indirect(current to 15 August 2023)_ 59,314 Fully Paid Ordinary Shares (Duerden Family A/C> Duxton Capital Investments Pty Ltd, of which Mr Duerden is a Director, holds 100,000 Fully Paid OrdinaryShares.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back		On-market trade

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	n/a
Nature of interest	n/a
Name of registered holder (if issued securities)	n/a
Date of change	n/a
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	n/a
Interest acquired	n/a
Interest disposed	n/a
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	n/a
Interest after change	n/a

• 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

art 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	no
If so, was prior written clearance provided to allow the trade to proceed during this period?	n/a
If prior written clearance was provided, on what date was this provided?	n/a

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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 Duxton Water Limited ABN 611 976 517

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	Stephen Duerden
Date of last notice	15 August 2023

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		Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		Shares held by Duxton Capital Investments Pty Ltd, of which Mr Duerden is a Director.
Date of change		11 November 2021 – 133,915 units 12 November 2021 – 206,017 units 25 November 2021 – 7,344 units
No. of securities held prior to change		Direct_(current to 15 August 2023) 52,715 Fully Paid Ordinary Shares Indirect(current to 15 August 2023)_ 59,314 Fully Paid Ordinary Shares (Duerden Family A/C> Duxton Capital Investments Pty Ltd, of which Mr Duerden is a Director, holds 100,000 Fully Paid Ordinary Shares.
Class		Fully Paid Ordinary Shares

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Number acquired		347,276 Fully Paid Ordinary Shares
Number disposed		-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		Nil. Shares transferred for the purposes of an accounting restructure from an entity under the same parent as Duxton Capital Investments PtyLtd.
No. of securities held after change		Direct_(current to 15 August 2023) 52,715 Fully Paid Ordinary Shares Indirect(current to 15 August 2023)_ 59,314 Fully Paid Ordinary Shares (Duerden Family A/C> Duxton Capital Investments Pty Ltd, of which Mr Duerden is a Director, holds 447,276 Fully Paid Ordinary Shares.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back		Shares transferred for the purposes of an accounting restructure from an entity under the same parent as Duxton Capital Investments Pty Ltd.

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	n/a
Nature of interest	n/a
Name of registered holder (if issued securities)	n/a
Date of change	n/a
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	n/a
Interest acquired	n/a
Interest disposed	n/a

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 5

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	n/a
Interest after change	n/a

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	no
If so, was prior written clearance provided to allow the trade to proceed during this period?	n/a
If prior written clearance was provided, on what date was this provided?	n/a

• See chapter 19 for defined terms.

Appendix 3Y Page 6

01/01/2011

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 Duxton Water Limited ABN 611 976 517

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	Stephen Duerden
Date of last notice	15 August 2023

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		Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		Shares held by Duxton Capital Investments Pty Ltd, of which Mr Duerden is a Director.
Date of change		24 May 2022 – 150,000 units 25 May 2022 – 62,125 units
No. of securities held prior to change		Direct_(current to 15 August 2023) 52,715 Fully Paid Ordinary Shares Indirect(current to 15 August 2023)_ 59,314 Fully Paid Ordinary Shares (Duerden Family A/C> Duxton Capital Investments Pty Ltd, of which Mr Duerden is a Director, holds 447,276 Fully Paid Ordinary Shares.
Class		Fully Paid Ordinary Shares
Number acquired		212,125 Fully Paid Ordinary Shares

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 7

Appendix 3Y Change of Director’s Interest Notice

Number disposed		-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$330,852.15
No. of securities held after change		Direct_(current to 15 August 2023) 52,715 Fully Paid Ordinary Shares Indirect(current to 15 August 2023)_ 59,314 Fully Paid Ordinary Shares (Duerden Family A/C> Duxton Capital Investments Pty Ltd, of which Mr Duerden is a Director, holds 659,401 Fully Paid OrdinaryShares.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back		On-market trade.

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	n/a
Nature of interest	n/a
Name of registered holder (if issued securities)	n/a
Date of change	n/a
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	n/a
Interest acquired	n/a
Interest disposed	n/a
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	n/a

• See chapter 19 for defined terms.

Appendix 3Y Page 8

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Interest after change n/a

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	no
If so, was prior written clearance provided to allow the trade to proceed during this period?	n/a
If prior written clearance was provided, on what date was this provided?	n/a

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 9

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 Duxton Water Limited ABN 611 976 517

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	Stephen Duerden
Date of last notice	15 August 2023

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		Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		Shares held by Duxton Capital Investments Pty Ltd, of which Mr Duerden is a Director.
Date of change		9 June 2023
No. of securities held prior to change		Direct_(current to 15 August 2023) 52,715 Fully Paid Ordinary Shares Indirect(current to 15 August 2023)_ 59,314 Fully Paid Ordinary Shares (Duerden Family A/C> Duxton Capital Investments Pty Ltd, of which Mr Duerden is a Director, holds 659,401 Fully Paid Ordinary Shares.
Class		Fully Paid Ordinary Shares
Number acquired		-

• See chapter 19 for defined terms.

Appendix 3Y Page 10

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Number disposed		4,556
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$7,335.16 based on the closing price of D2O shares on 30 September 2022 ($1.61)
No. of securities held after change		Direct_(current to 15 August 2023) 52,715 Fully Paid Ordinary Shares Indirect(current to 15 August 2023)_ 59,314 Fully Paid Ordinary Shares (Duerden Family A/C> Duxton Capital Investments Pty Ltd, of which Mr Duerden is a Director, holds 654,845 Fully Paid OrdinaryShares.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back		Shares transferred to an employee of the Investment Manager of Duxton Water Limited, for the purpose of granting a discretionary bonus.

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	n/a
Nature of interest	n/a
Name of registered holder (if issued securities)	n/a
Date of change	n/a
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	n/a
Interest acquired	n/a
Interest disposed	n/a
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	n/a

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 11

Appendix 3Y Change of Director’s Interest Notice

Interest after change n/a

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above no traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade to n/a proceed during this period? If prior written clearance was provided, on what date was this n/a provided?

Schedule 2 – Interests of Stephen Duerden as at relevant dates in above Appendix 3Y Change of Director’s Interest Notices

Interests	26-Oct-21	11-Nov-21	12-Nov-21	25-Nov-21	24-May-22	25-May-22	9-Jun-23	15-Aug-23
Direct	41,353	41,353	41,353	41,353	41,353	42,172	42,172	52,715
Duerden Family A/C (Indirect)	46,530	46,530	46,530	46,530	46,530	47,451	47,451	59,314
Duxton Capital Investments Pty Ltd (Indirect)	100,000	233,915	439,932	447,276	597,276	659,401	654,845	654,845

• See chapter 19 for defined terms.

Appendix 3Y Page 12

01/01/2011