FilingReader Intelligence

Ansell director Neil Salmon adjusts shareholdings, reallocating to Belgian service company

September 1, 2025 at 10:08 AM UTCBy FilingReader AI

Ansell director Neil Salmon executed a series of changes to his shareholdings on August 25, 2025. Prior to these changes, Salmon held 148,965 direct ordinary shares and 199,327 performance share rights (PSRs). The transactions involved the acquisition of 5,653 PSRs as an above 'target' award under the FY22 Long-Term Incentive Plan, alongside the vesting of 64,535 ordinary shares from PSRs granted under the same plan.

Conversely, Salmon disposed of 64,535 PSRs through conversion to ordinary shares and sold 8,698 ordinary shares directly to cover tax obligations related to the PSR vesting. A notable change was the reallocation of a portion of Salmon's ordinary shares and PSRs from direct holdings to indirect holdings through his sole purpose management service company in Belgium, aligning with his executive service agreement as detailed in Ansell’s 2024 annual report. No cash consideration was involved in these transactions.

Following these adjustments, Neil Salmon’s direct holdings now stand at 143,667 ordinary shares and 42,134 performance share rights (based on 100% target). His indirect interests include 61,135 ordinary shares and 98,311 performance share rights held through his Belgian service company. All transactions were approved by shareholders at the annual general meeting on November 10, 2022.

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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