SPENDA LIMITED — Director's Dealing 2021

Jun 8, 2021

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	2 March2021

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	Directand Indirect
Nature of indirect interest(including registered holder)	Rare Air HoldingsPty Ltd
Note: Provide details of the circumstances giving rise to the relevantinterest.	Ashleigh Ann Floate +Adrian JasonFloate ATF FAAF Superannuation Fund
	Mr. Adrian Floate is a Director of Rare Air Holdings Pty Ltdand a joint trustee of FAAF Superannuation Fund
Date of change	2 June 2021
No. of securities held prior to change	42,866,943 Shares (indirect)
	20,061,656Shares (direct)
	750,000 Listed Options(direct)
	13,500,000 Options (indirect)
Class	Shares; Shares (escrowed to 2June 2022)andListed Options Exerciseprice: $0.025 Expiry: 28/07/2023 (CROO)

+ See chapter 19 for defined terms.

Number acquired	74,800,000Shares
	145,128,015 Shares (escrowed to 2June 2022)
	13,400,000 Listed Options
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	74,800,000Shares and 13,400,000Listed Options issuedin consideration forthe repayment of the AppstablishmentLoan. The deemed issue price of theShares issued is $0.025 per Share andthe Listed Options were issued as freeattaching options.
	145,128,015Sharesissuedin partconsideration for the acquisition ofAppstablishment at a deemed issue priceof $0.01 per Share.
No. of securities held after change	52,866,943Shares (indirect)145,128,015 Shares (escrowed to 2June 2022)(indirect)
	84,861,656 Shares (direct)14,150,000 Listed Options(direct)
	13,500,000 Options (indirect)
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	74,800,000Shares and 13,400,000Listed Options issuedin consideration forthe repayment of the AppstablishmentLoanas approved by shareholders at theCompany's 20 May2021 EGM.
	145,128,015Sharesissuedin partconsideration for the acquisition ofAppstablishment as approved byshareholders at the Company's 20 May2021 EGM.

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

+ See chapter 19 for defined terms.

Nature of interest
Name of registered holder(if issued securities)
Date of change
No. and class of securities towhich interest related prior tochangeNote: 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 detailsand an estimated valuation
Interest after change

Part 3 – +Closed period

Were the interests in the securities or contracts detailedabove traded during a +closed periodwhere priorwritten clearance was required?	No
If so, was prior written clearance provided to allow thetrade to proceed during this period?
If prior written clearance was provided, on what datewas this provided?

+ See chapter 19 for defined terms.