Appendix 3Y - S Bhandari

 

 

ASX: OEX

AIM: OEX

 

 

Mr Sundeep Bhandari has advised the Oilex Board that he has requested the cancellation of 4,000,000 unlisted options issued to him and held in the name of India Hydrocarbons Ltd.  Mr Bhandari holds no other unlisted options.

 

Attached is an Appendix 3Y Change of Director's Interest Notice.

 

 

For and on behalf of Oilex Ltd

 

Ron Miller

Managing Director

 

 

For further information, please contact:

 

Investor Enquiries Oilex Ltd Ron Miller Managing Director Email: [email protected] Tel: +61 8 9485 3200 Australia

Nominated Adviser Strand Hanson Limited Nominated Adviser Rory Murphy  /Ritchie Balmer    Email: [email protected] Tel: +44 20 7409 3494 UK

Media Enquires Vigo Communications Public Relations UK Patrick d'Ancona / Chris McMahon Email: [email protected] [email protected] Tel:   +44 20 7016 9570 UK

 

 

LRule 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                    OILEX LTD

ABN                                     50 078 652 632

 

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	Sundeep Bhandari
Date of last notice	10/11/2014

 

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) Note: Provide details of the circumstances giving rise to the relevant interest.	India Hydrocarbons Ltd
Date of change	19/11/2015
No. of securities held prior to change	8,600,000 Ordinary Shares 4,000,000 $0.15 Unlisted Options expiry 29/04/2019
Class	Unlisted Options
Number acquired	Not Applicable
Number disposed	4,000,000 $0.15 Unlisted Options expiry 29/04/2019 relinguished.
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	8,600,000 Ordinary Shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Relinquishment of 4,000,000 $0.15 Unlisted Options expiry 29/04/2019

 

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
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 in relation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

 

Part 3 - Closed Period

Were the interests in the securities or contracts detailed above traded during a close period where prior written clearance was required?	No
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?

 

19/11/2015