Orocobre : Appendix 3Y - Change of Director's Interest Notice - Orocobre_ASX Announcement_Append 3Y_MPDS_Dec19.pdf

Appendix 3Y

Change of Director's Interest Notice

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	OROCOBRE LIMITED
ABN	31 112 589 910

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	Martín Pérez de Solay
Date of last notice	18 January 2019

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 Interest

Nature of indirect interest	N/A
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	16 December 2019
No. Of securities held prior to change	20,000

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1

Appendix 3Y

Change of Director's Interest Notice

Class	Ordinary Shares
Number acquired	•	132,818	Ordinary Shares in
		terms of US$250,000 of
		performance	rights	vesting
		based on the share price on the
		first	anniversary	of
		employment i.e. 12 November
		2019	related	to
		Commencement and Retention
		rights.
	•	87,524	FY19	Performance
		Rights-	Orocobre	Limited
		Performance Rights and Option
		Plan
	•	US$250,000	performance
		rights vesting and based on the
		share price on the second
		anniversary of employment ie
		12 November 2020 related to
		Commencement and Retention
		rights.
Number disposed	Nil
Value/Consideration	Nil
Note: If consideration is non-cash, provide details and estimated
valuation
No. of securities held after change	•	152,818 Ordinary Shares
	•	87,524	FY19	Performance
		Rights	Orocobre	Limited
		Performance Rights and Option
		Plan
	•	US$250,000	performance
		rights vesting and based on the
		share price on the second
		anniversary of employment i.e.
		12 November 2020.
Nature of change	Exercise of Performance Rights
Example: on-market trade, off-market trade, exercise of options, issue	Issue of Performance Rights
of securities under dividend reinvestment plan, participation in buy-
back

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.

+ See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y

Change of Director's Interest Notice

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	No
traded during a +closed period where prior written clearance
was required?
If so, was prior written clearance provided to allow the trade to	N/A
proceed during this period?
If prior written clearance was provided, on what date was this	N/A
provided?

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 3