Michael Hill International: 2.25m share rights lapse due to unmet conditions

Michael Hill International Limited (MHJ) announced the cessation of 2,251,529 unquoted share rights on October 24, 2025. These securities lapsed because the conditional rights to them were not satisfied or became incapable of being satisfied, with no consideration paid by the company. This occurred under its Long Term Incentive Plan.

Following this change, the total number of unquoted share rights on issue has decreased to 6,207,435. The total number of unquoted options remains at 400,000.

The total quoted capital for Michael Hill International Limited now stands at 384,842,602 ordinary fully paid shares. This announcement was made on Wednesday, November 12, 2025.