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SMART PARKING LIMITED — Director's Dealing 2024
Mar 10, 2024
65850_rns_2024-03-10_51a8218f-9d76-44d6-ba4a-7db57115efda.pdf
Director's Dealing
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ASX Announcement
Smart Parking Limited (ASX:SPZ)

11 March 2024 Smart Parking Limited | Media Release
Smart Parking Limited (ASX:SPZ) Share Sale to Facilitate New Institutional Shareholders on to the Register
Smart Parking Limited (ASX: SPZ) announces that 19,193,975 shares, being 5.5% of the issued capital of the Company, were sold at a price of $0.45 per security in a block sale and on market trades by Chairman Christopher Morris on Friday the 8th of March 2024. Following the sale Mr Morris will hold a balance of 100,440,908 shares representing 28.96% of the issued capital. Mr Morris has indicated to the Company that he does not intend to sell any further shares during the current trading window.
The sale was undertaken in response to considerable interest from new institutional investors who have been seeking to build an ownership position for a several months. Undertaking this share sale introduces new supportive investors to the Company, provides enhanced liquidity and a larger free float which should benefit all shareholders over time.
Chris Morris noted:
"I look forward to welcoming new supporters to Smart Parking. I have been invested in the Company for more than 15 years and over that time we have seen considerable growth in installed sites, revenue and earnings. The Company is trading strongly and I am committed to being a supportive long-term shareholder."
Ends Authorised by Richard Ludbrook, Company Secretary
Contact Smart Parking
Paul Gillespie | Chief Executive Officer | [email protected] Richard Ludbrook | Chief Financial Officer | [email protected]
ASX Announcement
Smart Parking Limited (ASX:SPZ)

Smart Parking Limited (ASX:SPZ) | A Global Parking Business
Smart Parking Limited is a pioneering technology innovator and services company in the parking industry. With offices in Australia, New Zealand, Germany, Denmark and the UK our aim is to bring our intelligent integrated smart parking services to the world and reinvent the parking experience.
The Company operates and manages thousands of car park spaces across the globe using our proprietary Smart Cloud technology linked with Automatic Number Plate Recognition/License Plate Recognition (ANPR/LPR) systems. This can be used as a single solution or with the option to be combined with payment solutions.
Smart Parking Limited has been an Australian Securities Exchange (ASX:SPZ) publicly listed company since early 2011.
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 | Smart Parking Limited |
|---|---|
| ABN | 45 119 327 169 |
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 | Christopher Morris |
|---|---|
| Date of last notice | 29 August 2022 |
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 | Indirect | |
|---|---|---|
| Nature of indirect interest | Finico Pty Limited | |
| (including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest. | Director/Beneficiary | |
| Date of change | 11 March 2024 | |
| No. of securities held prior to change | 119,634,883 | |
| Class | Ordinary Shares | |
| Number acquired | Nil | |
| Number disposed | 19,193,975 | |
| Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation | $8,637,288.75 | |
| No. of securities held after change | 100,440,908 |
+ See chapter 19 for defined terms.
| Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation | On market trade and off market trade |
|---|---|
| in buy-back |
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 | N/A |
|---|---|
| Nature of interest | N/A |
| Name of registered holder(if issued securities) | N/A |
| Date of change | N/A |
| No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed | N/A |
| Interest acquired | N/A |
| Interest disposed | N/A |
| Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation | N/A |
| Interest after change | N/A |
Part 3 – +Closed period
| Were the interests in the securities or contracts detailedabove traded during a +closed periodwhere prior written | No |
|---|---|
| clearance was required? | |
| If so, was prior written clearance provided to allow the tradeto proceed during this period? | N/A |
| If prior written clearance was provided, on what date was thisprovided? | N/A |
+ See chapter 19 for defined terms.