Serko Limited — Director's Dealing 2019

Dec 5, 2019

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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

To NZX Limited;and
Name of listed issuer:		Serko Limited(SKO)
Date this disclosure made:		6-Dec-19
Date of last disclosure:		1-Nov-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 (excludingspecified derivatives)
Class of affected quoted financial products:		Ordinary Shares in Serko Limited (Ordinary Shares)
Nature of the affected relevant interest(s):		Registered holder and beneficial owner
For that relevant interest-
Number held in class before acquisition or disposal:		585,762 OrdinaryShares
Number held in class after acquisition or disposal:		385,762 Ordinary Shares
Current registered holder(s):		John Challis & AH Trustees (Challis Holdings Trust)Limited
Registered holder(s)once transfers are registered:		Unknown
Details of transactionsgiving rise to acquisition or disposal
Total number of transactions to which notice relates:		2
Details of transactions requiring disclosure-
Date of transaction:		1. 2-Dec-192. 3-Dec-19
Nature of transaction:		On-market disposal of ordinaryshares
Name of any other party or parties to the transaction (if known):		Unknown
The consideration, expressed in New Zealand dollars, paid or received forthe acquisition or disposal. If the consideration was not in cash and cannotbe readily by converted into a cash value, describe the consideration:		1. $40,733.30 ($5.05/share)2. $945,315.43 ($4.95/share)
Number of financial products to which the transaction related:		1. 8,066 Ordinary Shares2. 191,934 OrdinaryShares
If the issuer has a financial products trading policy that prohibits directors orsenior managers from trading during any period without written clearance (aclosed period) include the following details—
Whether relevant interests were acquired or disposed of during a closedperiod:		No
Whether prior written clearance was provided to allow the acquisition ordisposal 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 ofquoted financialproducts:		Ordinaryshares

Nature of relevant interest:

1. Registered holder and beneficial owner of Ordinary Shares

2. Beneficial owner of Restricted Shares held on Trust until vesting by Serko Trustee Limited 3. Registered holder and beneficial owner of Restricted Share Units 4. 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:

1. 20,541 Ordinary Shares 2. 27,097 Restricted Shares

2. 18,443 Restricted Share Units

Current registered holder(s):

For a derivative relevant interest,- Type of derivative: Details of derivative,-

The notional value of the derivative (if any) or the notional amount of underlying financial products (if any): A statement as to whether the derivative is cash settled or physically settled:

Maturity date of the derivative (if any): Expiry date of the derivative (if any): The price's specified terms (if any): 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:

1. 1,000 Ordinary Shares 1. John Challis 2. Serko Trustee Limited 3. John Challis 4. Brian Challis

Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable

Not Applicable 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:

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