Peter Huddle boosts Vicinity Centres stake after performance rights vest
Vicinity Centres director Peter Huddle's holdings in the company's securities have changed, primarily due to the vesting of performance rights under the FY2022 Equity Incentive Plan (EIP). On September 8, 2025, 632,875 performance rights vested, leading to the acquisition of 632,875 fully paid ordinary stapled securities. This transaction involved nil cash consideration, with Mr. Huddle allocated one stapled security for each vested performance right.
Prior to this change, Mr. Huddle held 1,230,531 fully paid ordinary stapled securities, along with various performance rights from different EIPs. Following the vesting, his direct holdings of stapled securities increased to 1,863,406. He also retains 762,882 performance rights under the FY2023 EIP, 1,167,250 under the FY2024 EIP, and 1,054,456 under the FY2025 EIP.
The change reflects the vesting of performance-based incentives for the director, aligning his interests with the company's performance. The company confirmed the trade occurred outside a closed period, and no prior written clearance was required.
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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