ikeGPS group announces capital changes from employee share options

ikeGPS Group Limited has announced a capital change involving the issuance of 20,077 ordinary shares due to the net settlement of unlisted employee share options. These shares, valued at $0.977 NZD per security, rank equally with existing ordinary shares. The options were exercised on October 14, 2025, with the last conversions occurring on November 13, 2025, and are part of the ikeGPS Group Limited Employee Option Scheme, authorized by a directors' resolution on July 21, 2022. This brings the total ordinary shares on issue to 193,813,154.

In addition to the ordinary share issuance, the company noted capital changes related to 3,390,262 unlisted options issued at an exercise price of $0.94 NZD. These options are exercisable from July 1, 2025, to June 30, 2030, and were also issued under the IKE Employee Option Scheme, effective from June 2014, to retain and reward employees. The total number of unlisted options on issue, including those not yet converted, is 9,626,316.

The capital change announcements, which consolidate information about both issued shares and unlisted options, were authorized by James Macdonald and released on November 24, 2025. This comprehensive disclosure details the company's capital structure adjustments following the exercise of employee incentives.