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SENSEN NETWORKS LIMITED — Director's Dealing 2018
Nov 1, 2018
65829_rns_2018-11-01_0884e189-12d3-403e-8d1c-cba7e2b07197.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 SenSen Networks Limited | |
|---|---|
| ABN 67 121 257 412 |
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 | David Smith |
|---|---|
| Date of last notice | 2 October 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 and Indirect |
|---|---|
| Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise tothe relevant interest. | Octopi Enterprises Pty Ltd (controlled by DavidSmith)DAGIDOCH Pty Ltd atf the Smith FamilySuperannuation Fund (controlled by DavidSmith)Gillian Smith (wife)Dominic Smith (son)Christian Smith (son) |
| Date of change | 1November2018 |
+ See chapter 19 for defined terms.
| No. of securities held prior to change | ||||
|---|---|---|---|---|
| Direct | Direct5,800,174 Fully Paid Ordinary Shares | |||
| IncentiveOptions | Vesting | ExercisePeriod | ExercisePrice | |
| 1,500,000 | Uponissue | 3 years from04/12/17 | $0.25each | |
| 1,500,000 | Uponissue | 3 years from04/12/17 | $0.35each | |
| 1,500,000 | Uponissue | 3 years from04/12/17 | $0.45each | |
| Performance | Vesting | Exercise | Exercise | |
| Options4,323,150 | Upon | Period3 years from | Price$0.155 | |
| issue | 02/10/18 | each | ||
| Indirect | Indirect | |||
| Octopi Enterprises Pty Ltd (controlledby David Smith) | 1,150,000 Fully Paid Ordinary Shares | |||
| DAGIDOCH Pty Ltd atfthe SmithFamilySuperannuationFund(controlled by David Smith) | 1,176,547 Fully Paid Ordinary Shares | |||
| Gillian Smith (wife) | 907,467 Fully Paid Ordinary Shares | |||
| Dominic Smith (son) | 151,000 Fully Paid Ordinary Shares | |||
| Christian Smith (son) | 151,000 Fully Paid Ordinary Shares | |||
| Class | Ordinary shares | |||
| Number acquired | Direct1,275,827 shares | |||
| Number disposed | Nil | |||
| Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation | Conversion of outstanding loan of $194,357,into ordinary shares at $0.152338 per share,pursuant to Resolution approval received at theSenSen Networks Annual General Meeting heldon 31 October 2018. |
+ See chapter 19 for defined terms.
| No. of securities held after change | ||||
|---|---|---|---|---|
| Direct | Direct6,935,137Fully Paid Ordinary Shares | |||
| IncentiveOptions | Vesting | ExercisePeriod | ExercisePrice | |
| 1,500,000 | Uponissue | 3 years from04/12/17 | $0.25each | |
| 1,500,000 | Uponissue | 3 years from04/12/17 | $0.35each | |
| 1,500,000 | Uponissue | 3 years from04/12/17 | $0.45each | |
| PerformanceOptions | Vesting | ExercisePeriod | ExercisePrice | |
| 4,323,150 | Uponissue | 3 years from02/10/18 | $0.155each | |
| Indirect | Indirect | |||
| Octopi Enterprises Pty Ltd (controlledby David Smith) | 1,150,000 Fully Paid Ordinary Shares | |||
| DAGIDOCH Pty Ltd atf the SmithFamilySuperannuationFund(controlled by David Smith) | 1,317,411Fully Paid Ordinary Shares | |||
| Gillian Smith (wife) | 907,467 Fully Paid Ordinary Shares | |||
| Dominic Smith (son) | 151,000 Fully Paid Ordinary Shares | |||
| Christian Smith (son) | 151,000 Fully Paid Ordinary Shares | |||
| Nature of changeExample: on-market trade, off-market trade, exercise ofoptions, issue of securities under dividend reinvestmentplan, participation in buy-back | Conversion of outstanding loan to SenSenDirector David Smith, pursuant to Resolutionapproval received at the SenSen NetworksAnnual General Meeting held on 31 October2018. |
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 | Nil |
|---|---|
| Nature of interest | N/A |
| Name of registered holder(if issued securities) | N/A |
+ See chapter 19 for defined terms.
| Date of change | N/A |
|---|---|
| No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract in relationto which the interest has changed | N/A |
| Interest acquired | N/A |
| Interest disposed | N/A |
| Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation | N/A |
| Interest after change | N/A |
Part 3 – +Closed period
| Were the interests in the securities or contracts detailed | No |
|---|---|
| above traded during a +closed periodwhere prior written | |
| clearance was required? | |
| If so, was prior written clearance provided to allow the | N/A |
| trade to proceed during this period? | |
| If prior written clearance was provided, on what date was | N/A |
| this provided? |
+ See chapter 19 for defined terms.