Rua Bioscience Limited — Director's Dealing 2021

Mar 26, 2021

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Ongoing Disclosure Notice

Disclosure of Directors and Senior Managers Relevant Interests Sections 297(2) and 298(2), Financial Markets Conduct Act 2013

ToNZX Limited; and
Name of listed issuer:		Rua Bioscience Limited(Rua)
Date this disclosure made:		26-Mar-21
Date of last disclosure:		22-Oct-20

Director or senior manager giving disclosure

Full name(s): Manu Caddie Name of listed issuer: Rua Biosicence Limited Name of related body corporate (if applicable): Kaihautu - Head of Innovation and Position held in listed issuer: Regulation of Rua

Summary of acquisition or disposal of relevant interest (excluding specified derivatives)

Class of affected quoted financial products: Nature of the affected relevant interest(s): For that relevant interest- Number held in class before acquisition or disposal: Number held in class after acquisition or disposal: Current registered holder(s): Registered holder(s) once transfers are registered:

Ordinary shares in Rua Manu is a director and 50% shareholder of New Zealand Nutraceuticals Limited ( NZNL ). NZNL is a limited partner of Hikurangi Bioactives Limited Partnership ( HBLP ) with a 40% economic interest in HBLP. HBLP is the registered holder and beneficial owner of 23,488,787 (before the transaction) and 23,188,787 (after the transaction) ordinary shares in Rua.

9,395,515 9,275,515 HBLP HBLP

Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)

		able)
		N/A
		N/A
The notional value of the derivative (if any) or the notional amount of underlyingfinancialproducts(if any):		N/A
A statement as to whether the derivative is cash settled or physicallysettled:		N/A
Maturitydate of the derivative(if any):		N/A
Expirydate of the derivative(if any):		N/A

Theprice specified in the terms of the derivative(if any):		N/A
Any other details needed to understand how the amount of the consideration payableunder the derivative or the value of the derivative is affected by the value of theunderlying financial products:		N/A
_For that derivative,- _Parties to the derivative:If the director or senior manager is not a party to the derivative, the nature of therelevant interest in the derivative:
Parties to the derivative:		N/A
If the director or senior manager is not a party to the derivative, the nature of therelevant interest in the derivative:		N/A
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:		3

Details of transactions requiring disclosure-

Date of transaction: Nature of transaction: Name of any other party or parties to the transaction (if known): The consideration, expressed in New Zealand dollars, paid or received for the acquisition or disposal. If the consideration was not in cash and cannot be readily by converted into a cash value, describe the consideration: Number of financial products to which the transaction related: If the issuer has a financial products trading policy that prohibits directors or senior managers from trading during any period without written clearance (a closed period) include the following details— Whether relevant interests were acquired or disposed of during a closed period: Whether prior written clearance was provided to allow the acquisition or disposal to proceed during the closed period: Date of the prior written clearance (if any):

(a) 19 March 2021 (b) 22 March 2021 (c) 23 March 2021 On market sale Unknown 50% of: (a) NZ$37,861.94 being 40% of proceeds of HBLP's sale of 218,500 shares for $94,654.86 (before fees) (b) NZ$13,212.87 being 40% of proceeds of HBLP's sale of 76,819 shares for $33,032.17 (before fees) (c) NZ$805.13 being 40% of proceeds of HBLP's sale of 4,681 shares for $2,012.83 (before fees) (a) 87,400 (being 40% of 218,500) (b) 30,727.6 (being 40% of 76,819) (c) 1,872.4 (being 40% of 4,681) No N/A N/A

Summary of other relevant interests after acquisition or disposal:

Class of quoted financial products: Nature of relevant interest: For that relevant interest,- Number held in class: Current registered holder(s): For a derivative relevant interest,- Type of derivative:

Options that are convertible to ordinary shares in Rua under Rua's employee share option plan Entitlement to become legal and beneficial owner subject to the meeting of vesting and other terms and conditions under Rua's employee share option plan 55,000 options potentially convertible to 283,072 ordinary shares N/A N/A N/A N/A N/A N/A N/A

Details of derivative,-

Details of derivative,-
The notional value of the derivative (if any) or the notional amount of underlyingfinancial products (if any):		N/A
A statement as to whether the derivative is cash settled or physically settled:		N/A
Maturity date of the derivative (if any):		N/A
Expiry date of the derivative (if any):		N/A
The price's specified terms (if any):		N/A

Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products: For that derivative relevant interest,- Parties to the derivative: If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative:

N/A N/A N/A N/A

Certification

I, certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made. Signature of director or officer: Date of signature: or Signature of person authorised to sign on behalf of director or officer: Date of signature: Name and title of authorised person:

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24/03/2021