SPENDA LIMITED — Director's Dealing 2019

Jul 9, 2019

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	Marcus L'ESTRANGE
Date of last notice	21 June2019

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(including registered holder)	Raptor Global Corporation Ltd
Note: Provide details of the circumstances giving rise to the relevantinterest.	Marcus L'Estrange and MargaretL'Estrange ATF Cowrie SuperannuationFund
	Mr L'Estrange is a director of Raptor GlobalCorporation Ltd and a joint trustee and abeneficiary of Cowrie Superannuation Fund.
Date of change	3 July2019
No. of securities held prior to change	16,716,444 Shares(Raptor Global)30,500 Shares(Cowrie Super)4,212,742Options
Class	Fully paid ordinary shares (Shares)
Number acquired	Nil

+ See chapter 19 for defined terms.

Number disposed	16,716,444 Shares(Raptor Global)30,500 Shares(Cowrie Super)
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$0.011 per Share.
No. of securities held after change	4,212,742Options.
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buyback	Shares sold off-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/Consideration
Note: If consideration is non-cash, provide details andan estimated valuation
Interest after change

Part 3 – +Closed period

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 written clearance was provided, on what
date was this provided?

+ See chapter 19 for defined terms.