FilingReader Intelligence

News Corporation issues new employee incentive securities

August 28, 2025 at 10:08 AM UTCBy FilingReader AI

News Corporation (ASX:NWS) today announced the issue of 1,345 unquoted Common Stock Class A securities (ASX code: NWSAA) on August 25, 2025. These securities were issued under an employee incentive scheme and are not intended for quotation on the ASX. The issuance falls under an existing class of unquoted securities and will rank equally in all respects from their issue date with other issued securities in that class. This action did not involve any key management personnel or associates.

Following this issuance, the total number of unquoted Common Stock Class A securities will increase to 375,751,900. Additionally, the company has 151,697,180 unquoted Common Stock Class B securities (ASX code: NWSAB). For its quoted securities, News Corporation has 36,554,271 Class B Voting Common Stock-CDI 1:1 (ASX code: NWS) and 1,712,471 Class A Non-Voting Common Stock-CDI 1:1 (ASX code: NWSLV) on issue.

The issuance was conducted under an exception in Listing Rule 7.2, specifically exception 13, meaning it did not require security holder approval under Listing Rule 7.1. Further details regarding the terms of the employee incentive scheme are available in the News Corp 2024 Proxy Statement.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

ASX:NWSAustralian Securities Exchange

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