Metcash sees changes in executive performance rights

Metcash Limited (ASX:MTS) reported the cessation of 14,222 Performance Rights on September 10, 2025. These rights lapsed due to conditions not being met or becoming incapable of satisfaction, pertaining to performance rights granted to a former executive. Following this, the total unquoted Performance Rights decreased to 7,377,417.

The company also announced the issue of 47,090 Performance Rights on September 16, 2025. These new securities were issued under Metcash's Equity Incentive Plan Rules to two eligible executives for their FY26 long-term incentive awards, with shareholder approval obtained at the 2025 annual general meeting. This issuance did not involve key management personnel or associates.

Furthermore, Douglas Jones, Metcash’s group CEO and director, had a change in his interest, with 772,870 Performance Rights acquired on September 11, 2025. These were issued under the same Equity Incentive Plan Rules in respect of his FY26 long-term incentive award. After this change, Jones now holds 1,642,564 Performance Rights and 1,025,201 Ordinary Shares.