Scentre Group expands capital with new securities issued via DRP
Scentre Group (ASX:SCG) has applied for the quotation of 7,753,403 new fully paid ordinary/units stapled securities, issued under its Distribution Reinvestment Plan (DRP). The new securities, with an issue date of August 29, 2025, will rank equally with existing quoted securities in all respects from their issue date. The issue price for these securities is AUD 3.92100000 per security, representing a cash consideration.
Following this issuance, Scentre Group's total quoted securities will increase to 5,216,417,412. The announcement also details the impact on director Catherine Michelle Brenner's indirect interest in the company. Brenner, through Brenner Super Pty Limited <Brenner Super Fund A/C>, acquired 2,301 ordinary stapled securities under the DRP, bringing her total holdings to 104,656 securities. This change occurred on August 29, 2025.
The securities are being issued under an exception in Listing Rule 7.2, specifically exception 4, as the dividend or distribution plan meets the requirement of not imposing a limit on participation. This confirms that the issuance did not require security holder approval under Listing Rule 7.1.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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