Yancoal Australia: Nearly one million performance rights expire
Yancoal Australia announced that 982,401 performance share rights (YALAL) under its LTIP 2022 have lapsed as of May 2, 2025. The lapse occurred because the conditions attached to these rights were not met or became impossible to satisfy. The company clarified that no consideration was paid for the cessation. This announcement follows a prior notification on March 7, 2024, where the number of forfeited YALAL performance share rights due to employee resignations was incorrectly stated. Following this cessation, Yancoal's issued capital includes 1,320,439,437 ordinary fully paid shares (YAL) and various unquoted equity securities under different LTIP and STIP programs.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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