Avenira : Amended Change of Director's Interest Notice

Microsoft Word - 160118 Appendix 3Y C Lawrenson - Amended.docx

18 January 2016

AMENDED CHANGE OF DIRECTOR'S INTEREST NOTICE

Avenira Limited ("Avenira") advises that the Appendix 3Y lodged on 26 November 2015 for Mr Cliff Lawrenson was not properly updated. Please find the amended Appendix 3Y attached to reflect Mr Lawrenson's correct total securities held in Avenira as at today's date.

The Company continues to improve our internal processes to ensure compliance obligations are satisfied in accordance with the ASX listing rules.

The Company has a checklist and notification process in place to ensure director holdings are promptly notified and disclosure obligations are met under the ASX listing rules.

A more stringent notification system including amendments to the current checklist has been introduced in order for the Company to comply with the ASX listing rules.

Yours sincerely

Rod Wheatley Company Secretary

Appendix 3Y

Change of Director's Interest Notice

Appendix 3Y Change of Director's Interest Notice

Rule 3.19A.2

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 AVENIRA LIMITED

ABN 48 116 296 541

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	Mark Clifford Lawrenson
Date of last notice	13 January 2016

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 Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Solution Management Pty Limited a company associated with Mr Lawrenson
Date of change	b) 23 November 2015
No. of securities held prior to change	10,000 fully paid ordinary shares 2,291,868 fully paid ordinary shares Class A) 5,000,000 unlisted options, exercise price 23 cents, expiry 18 June 2017 Class B) 5,000,000 unlisted options, exercise price 27 cents, expiry no later than 18 June 2017 Class C) 5,000,000 unlisted options, exercise price 31 cents, expiring no later than 18 June 2017 Tranche 1) 1,875,000 director performance rights, milestone date 31 August 2016, expiry date 10 December 2017 Tranche 2) 937,500 director performance rights, milestone date 31 May 2017, expiry date 10 December 2017 Tranche 3) 937,500 director performance rights, milestone 10 December 2017, expiry date 10 December 2017
Class	Fully paid ordinary shares

+ See chapter 19 for defined terms.

Appendix 3Y Page 2 01/01/2011

Appendix 3Y Change of Director's Interest Notice

Number acquired	b) (i) 50,000
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	b) (i) $6,590.00 (excluding brokerage)
No. of securities held after change	10,000 fully paid ordinary shares 2,341,868 fully paid ordinary shares Class A) 5,000,000 unlisted options, exercise price 23 cents, expiry 18 June 2017 Class B) 5,000,000 unlisted options, exercise price 27 cents, expiry no later than 18 June 2017 Class C) 5,000,000 unlisted options, exercise price 31 cents, expiring no later than 18 June 2017 Tranche 1) 1,875,000 director performance rights, milestone date 31 August 2016, expiry date 10 December 2017 Tranche 2) 937,500 director performance rights, milestone date 31 May 2017, expiry date 10 December 2017 Tranche 3) 937,500 director performance rights, milestone 10 December 2017, expiry date 10 December 2017
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On market purchase

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 which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A

+ See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

Appendix 3Y

Change of Director's Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 - +Closed period

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

18 January 2016

+ See chapter 19 for defined terms.

Appendix 3Y Page 4 01/01/2011