Gentrack issues over 4m shares under incentive schemes

Gentrack Group Limited has issued 4,254,336 ordinary shares to its executive leadership team and chief executive following the vesting of performance rights under its senior management long-term incentive (LTI) scheme. These shares were issued on December 10, 2025, with no consideration payable. This issuance represents 3.9320% of the total class of financial products in existence after the change.

The shares issued are attributable to three distinct awards: 322,040 ordinary shares from the 2022 ELT award, 194,761 ordinary shares from the 2022 CEO award, and 3,737,535 ordinary shares from the 2023 senior management award. These issuances are fully paid and rank equally with existing ordinary shares.

Post-issuance, the total number of ordinary shares in the class stands at 112,451,475. The authority for this capital change stems from the LTI scheme rules, board resolutions dated December 9, 2025, and prior shareholder approvals.