Appendix 3Y - Change of Director's Interest Notice
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Released
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Appendix 3Y
Change of Director’s Interest Notice
+ See chapter 19 for defined terms.
01/01/2011 Appendix 3Y Page 1
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 Nido Education Limited
ABN 12 650 967 703
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 Adam Nathan Lai
Date of last notice 2 December 2025
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
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the
relevant interest.
Date of change 1 June 2026
No. of securities held prior to change Direct:
(1) 4,000,000 unquoted options with an exercise price
of $1.40 and expiry date of 13 February 2032.
(2) 3,000,000 unquoted options with an exercise price
of $1.50 and expiry date of 13 February 2032.
(3) 2,000,000 unquoted options with an exercise price
of $1.60 and expiry date of 13 February 2032.
(4) 1,000,000 unquoted options with an exercise price
of $1.70 and expiry date of 13 February 2032.
Indirect:
(5) 415,389 ordinary shares.
Class Unquoted options with an exercise price of $0.66 and
expiry date of 31 May 2031.
Number acquired 7,500,000
Number disposed
Nil
Appendix 3Y
Change of Director’s Interest Notice
+ See chapter 19 for defined terms.
Appendix 3Y Page 2 01/01/2011
Value/Consideration
Note: If consideration is non-cash, provide details and
estimated valuation
Not applicable
No. of securities held after change Direct:
(1) 7,500,000 unlisted options with an exercise price of
$0.66 and expiry date of 31 May 2031.
(2) 4,000,000 unlisted options with an exercise price of
$1.40 and expiry date of 13 February 2032.
(3) 3,000,000 unlisted options with an exercise price of
$1.50 and expiry date of 13 February 2032.
(4) 2,000,000 unlisted options with an exercise price of
$1.60 and expiry date of 13 February 2032.
(5) 1,000,000 unlisted options with an exercise price of
$1.70 and expiry date of 13 February 2032.
Indirect:
(6) 415,389 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
Issue of Options pursuant to shareholder approval
granted at the Annual General Meeting held on 1
June 2026. Option terms are detailed in the Notice
of Meeting / Explanatory Statement released to ASX
on 1 May 2026.
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 Not applicable
Nature of interest Not applicable
Name of registered holder
(if issued securities)
Not applicable
Date of change Not applicable
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
Not applicable
Interest acquired Not applicable
Interest disposed Not applicable
Appendix 3Y
Change of Director’s Interest Notice
+ See chapter 19 for defined terms.
01/01/2011 Appendix 3Y Page 3
Value/Consideration
Note: If consideration is non-cash, provide details and an
estimated valuation
Not applicable
Interest after change Not applicable
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?
Not applicable
If so, was prior written clearance provided to allow the trade to
proceed during this period?
Not applicable
If prior written clearance was provided, on what date was this
provided?
Not applicable
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