Fisher & Paykel Healthcare expands employee share plan with new issuance

Fisher & Paykel Healthcare Corporation Limited (FPH) has applied for the quotation of 970,000 new ordinary fully paid foreign exempt NZX securities. These shares, with an issue date of August 29, 2025, are being issued to the Fisher & Paykel Healthcare Corporation Employee Share Trust. This trust holds shares for FPH employees and its subsidiaries who are entitled to receive shares under the company’s employee share plans. The company stated that the shares are not being issued for a cash consideration, with an estimated value of AUD 0.000000 per security.

Following this quotation, the total number of quoted ordinary fully paid foreign exempt NZX securities for FPH will rise to 587,241,171. The newly issued securities are expected to rank equally in all respects with existing issued securities from their issue date. This move underscores the company's ongoing commitment to its employee share ownership programs.

Additionally, the company maintains a diverse portfolio of unquoted securities. These include 148,355 employee share rights, various tranches of performance share rights expiring between 2025 and 2027, and several option series with exercise prices in NZD and expiry dates extending to 2028.