Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

SENSEN NETWORKS LIMITED Director's Dealing 2018

Nov 1, 2018

65829_rns_2018-11-01_0884e189-12d3-403e-8d1c-cba7e2b07197.pdf

Director's Dealing

Open in viewer

Opens in your device viewer

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.