Bendigo and Adelaide Bank directors see equity holdings change after rights vest

Bendigo and Adelaide Bank Limited (ASX:BEN) has announced changes to the equity holdings of two of its directors, Richard David Deutsch and Victoria Sophia Mary Weekes. This follows the vesting of Rights to Shares (BENAAD) into ordinary shares (BEN) under the BEN Omnibus Equity Plan. The changes were effective on August 29, 2025.

Richard David Deutsch converted 1,218 BENAAD rights into BEN ordinary shares. His direct holdings now include 11,045 BEN ordinary shares. His indirect holdings of 3,990 BEN ordinary shares remain unchanged, held through JPMorgan Custodians. Victoria Sophia Mary Weekes converted 1,624 BENAAD rights into BEN ordinary shares, increasing her direct holdings to 17,357 BEN ordinary shares. The value of these conversions was reported as Nil.

Both directors' last notices were filed on February 28, 2025. The changes occurred outside of a closed period, requiring no prior written clearance for these transactions.