Serko Limited — Director's Dealing 2019

Aug 1, 2019

Ongoing Disclosure Notice Disclosure of Directors and Senior Managers Relevant Interests

Sections 297(2) and 298(2), Financial Markets Conduct Act 2013

To NZX Limited;and
Name of listed issuer:		Serko Limited(SKO)
Date this disclosure made:		02AUG19
Date of last disclosure:		5-Jun-19
Director or senior managergiving disclosure
Full name(s):		John Challis
Name of listed issuer:		Serko Limited(SKO)
Name of related bodycorporate(if applicable):		Serko Trustee Limited
Position held in listed issuer:		Head of Business Development
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affectedquoted financialproducts:		OrdinaryShares in Serko Limited(Ordinary Shares)
Nature of the affected relevant interest(s):		Beneficial interest in Ordinary Shares with restrictive conditions allocated pursuant to the Serko Limited Employee Restricted Share Scheme, held in trust until vesting.
For that relevant interest-
Number held in class before acquisition or disposal:		34,583 Ordinary Shares with restrictive conditions 13,055 OrdinaryShares
Number held in class after acquisition or disposal:		27,097 Ordinary Shares with restrictive conditions 20,541 OrdinaryShares
Current registered holder(s):		Serko Trustee Limited on behalf of John Challis
Registered holder(s)once transfers are registered:		John Challis
Details of transactionsgiving rise to acquisition or disposal
Total number of transactions to which notice relates:		1
Details of transactions requiring disclosure-
Date of transaction:		29-Jul-19
Nature of transaction:		Vesting of Ordinary Shares, with restrictive conditions, pursuant to the Serko Limited Employee Restricted Share Scheme.
Name of any other party or parties to the transaction (if known):		Serko Trustee Limited was the registered holder of the ordinary shares with restrictive conditions until they vested.
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:		Services to Serko. No cash consideration is payable on vesting.
Number of financial products to which the transaction related:		7,486 Ordinary Shares with restrictive conditions
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:		No
Whether prior written clearance was provided to allow the acquisition or disposal to proceed duringthe closed period:		Not Applicable
Date of theprior written clearance(if any):		Not Applicable

Summary of other relevant interests after acquisition or disposal:

Class of quoted financial products: Nature of relevant interest:

• Ordinary shares 1. Registered holder and beneficial owner of Ordinary Shares by virtue of being a trustee and beneficiary of the Challis Holdings Trust and having the power to exercise a right to vote attached to, and to dispose of, the Trust shares. 2. The power to exercise, or control the exercise of, a right to vote attached to 1,000 shares, through a familial relationship with Brian Challis

Class ofquoted financialproducts:	Class ofquoted financialproducts:	Ordinaryshares
Nature of relevant interest:		1. Registered holder and beneficial owner of Ordinary Shares by virtue of being a trustee and beneficiary of the Challis Holdings Trust and having the power to exercise a right to vote attached to, and to dispose of, the Trust shares. 2. The power to exercise, or control the exercise of, a right to vote attached to 1,000 shares, through a familial relationship with Brian Challis
For that relevant interest,- Number held in class: Current registered holder(s): For a derivative relevant interest,- Type of derivative: Details of derivative,-
		1. 655,762 Ordinary Shares 2. 1,000 OrdinaryShares
		1. John S Challis & AH Trustees (Challis Holdings) Ltd as Trustees of the Challis Holdings Trust 2. Brian Challis
		Not Applicable
The notional value of the derivative (if any) or the notional amount of underlyingfinancial products(if any):		Not Applicable
A statement as to whether the derivative is cash settled or physically settled:		Not Applicable
Maturitydate of the derivative(if any):		Not Applicable
Expirydate of the derivative(if any):		Not Applicable
Theprice's specified terms(if any):		Not Applicable
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:		Not Applicable
_For that derivative relevant interest,- _
Parties to the derivative:		Not Applicable
If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative:		Not Applicable

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

~~johnchallis~~

johnchallis (Aug 1, 2019)

01AUG19

Signature of person authorised to sign on behalf of director or officer:

Date of signature: Name and title of authorised person: