Westpac director hazelton increases stake, new share rights issued

Westpac director Debra Hazelton increased her direct holding in the company, acquiring 1,150 Westpac fully paid ordinary shares through an on-market trade on September 11, 2025. The transaction was valued at A$37.88 per share. Following this acquisition, Hazelton now holds 1,350 Westpac fully paid ordinary shares, alongside her existing indirect interests in various Westpac Capital Notes held through the JL Anderson and DA Hazelton Superannuation Fund. These indirect interests remain unchanged, including 57 WBCPH, 10 WBCPJ, 16 WBCPL, and 2 WBCPM notes.

Separately, Westpac announced the issuance of 194 unquoted share rights (ASX code: WBCAB) on September 8, 2025, under an employee incentive scheme. These share rights were granted to Carolyn McCann, a key management personnel, upon her appointment to chief executive, consumer. The LTVR award, comprising 97 performance rights and 97 restricted rights, was issued under the Westpac Group's Equity Incentive Plan.

The newly issued share rights will rank equally in all respects with existing issued securities in that class from their issue date. The issuance of these 194 securities utilized the entity's 15% placement capacity under listing rule 7.1. Following these transactions, the total number of WBCAB share rights on issue now stands at 4,504,156.