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SPENDA LIMITED Director's Dealing 2018

Nov 6, 2018

65849_rns_2018-11-06_0382e826-74f9-45a4-8aa2-df851d889eaf.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: CIRRALTOLIMITED
ACN: 099 084 143

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 Adrian FLOATE
Date of last notice 1 November2018

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) Rare Air Nominees Pty Ltd
Note: Provide details of the circumstances giving rise to the relevantinterest. Mr Floate is a director of Rare Air NomineesPty Ltd
Date of change 2 and 5 November2018
No. of securities held prior to change 38,103,949 Shares (indirect)
382,796Shares (direct)
13,500,000 Options (indirect)
Class Fully paid ordinary shares(Shares)
Number acquired 4,762,994Shares (indirect)
30,000 Shares (direct)
Number disposed Nil

+ See chapter 19 for defined terms.

Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation 4,762,994Shares issued at $0.031 perShare,raising $147,653.
30,000 Shares purchased for $0.018 perShare.
No. of securities held after change 42,866,943Shares (indirect)
412,796Shares (direct)
13,500,000 Options (indirect)
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy 4,762,994Sharesissued under nonrenounceable pro rata rights issue.
back 30,000 Shares purchased on market.

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
Name of registered holder
(if issued securities)
Date of change
No. and class of securities to
which interest related prior to
change
Note: Details are only required for a contract inrelation to which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation
Interest after change

Part 3 – +Closed period

+ See chapter 19 for defined terms.

Were the interests in the securities or contracts No
detailed above traded during a +closed periodwhere
prior written clearance was required?
If so, was prior written clearance provided to allow
the trade to proceed during this period?
If prior writtenclearance was provided, on what
date was this provided?

+ See chapter 19 for defined terms.