Origin Energy converts unquoted securities, boosts ordinary shares

Origin Energy Limited (ORG) reported on August 27, 2025, the conversion of unquoted options and convertible securities into 887,875 fully paid ordinary shares. These conversions, which began on August 22, 2025, involved Performance Share Rights (ORGAK) and Restricted Share Rights (ORGAO).

Specifically, 452,680 Performance Share Rights were converted, resulting in 452,680 new ordinary fully paid shares. Additionally, 435,195 Restricted Share Rights were converted, adding another 435,195 ordinary fully paid shares. These transactions increased the total number of ordinary fully paid shares on issue to 1,722,747,671.

The conversions, which fall under the company's employee incentive scheme, included participation from key management personnel (KMP). Notable conversions for KMP included Frank Calabria with 198,980 Performance Share Rights and 206,127 Restricted Share Rights, and Jonathan Briskin with 65,002 Performance Share Rights and 67,479 Restricted Share Rights. Following these conversions, the total number of unquoted Performance Share Rights (ORGAK) now stands at 2,203,824, Share Rights (ORGAN) at 962,503, and Restricted Share Rights (ORGAO) at 2,904,380.