CSL directors boost shareholdings through rights exercise

On August 22, 2025, five non-executive directors of CSL Limited converted 1,104 unquoted rights into fully paid ordinary shares. Ms. Alison Watkins AM acquired 154 ordinary shares, professor Robert Andrew Cuthbertson AO and Dr. Megan Clark AC each acquired 132 ordinary shares, Ms. Carolyn Hewson AO acquired 176 ordinary shares, and Ms. Marie McDonald acquired 88 ordinary shares. These acquisitions, executed on-market, stem from the exercise of rights under the CSL Limited Non-Executive Director Rights Plan.

Under the plan, directors contribute a percentage of their board fees to acquire equity. While the ordinary shares were issued for nil consideration upon exercise, the directors had previously paid consideration for the rights in August 2024. For instance, Ms. Watkins paid $46,828.82 for her 154 rights, professor Cuthbertson and Dr. Clark each paid $40,138.99 for their 132 rights, Ms. Hewson paid $53,518.65 for her 176 rights, and Ms. McDonald paid $26,759.33 for her 88 rights, all at a price of $304.083251 per right.

Following these transactions, the total number of ordinary fully paid shares on issue for CSL increased by 1,104 to 484,212,123. The unquoted CSLAL: RIGHTS decreased by the same amount to 2,093,040. The interests were managed by various custodians and nominees for the respective directors' trusts and investment vehicles.