Brambles to list new securities from employee incentive scheme

Brambles Limited (ASX:BXB) has announced its intention to quote an additional 24,523 ordinary fully paid securities on the ASX, issued under its employee incentive scheme. The new securities, which are not subject to a restriction on transfer, will be quoted on September 16, 2025. This move follows the exercise of vested share awards from the Brambles Limited MyShare Plan by former employees categorized as "Good Leavers."

The consideration for these securities is estimated at AUD25.547700 per security. Following this quotation, the total number of ordinary fully paid securities on issue for Brambles Limited will increase to 1,366,450,291. The company's unquoted share rights (ASX:BXBAI) will concurrently stand at 8,821,079.

The issue of these securities falls under Listing Rule 7.2, exception 13, meaning no security holder approval is required under Listing Rule 7.1. The newly quoted securities will rank equally in all respects with existing issued securities in the same class from their issue date.