FilingReader Intelligence

Woolworths Group issues new shares for employee equity plans

September 15, 2025 at 10:11 AM UTCBy FilingReader AI

Woolworths Group Limited announced on September 15, 2025, an application for the quotation of 1,987 new ordinary fully paid shares at an issue price of AUD 27.67 per security. These shares, issued on September 12, 2025, are for cash consideration and are intended for the trustee of the Non-Executive Directors (NED) Equity Plan to satisfy future vesting of share rights. Security holder approval for this issue was obtained on October 26, 2023.

Concurrently, the company also notified the issue of unquoted equity securities under its employee incentive schemes, dated September 12, 2025. This includes 10,176 Performance Rights and 98,502 Share Rights. Tracey Fellows acquired 361 NED Share Rights, valued at $9,989.66, which will vest and convert into ordinary shares. Warwick Bray acquired 1,626 NED Share Rights, valued at $44,995.00, similarly destined to convert into ordinary shares, both under the NED Equity Plan.

Following these transactions, the total quoted ordinary fully paid shares increased to 1,221,597,320. Unquoted Performance Rights now total 7,575,462, and unquoted Share Rights stand at 1,345,957. Security holder approval for these issues was obtained on October 31, 2024.

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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