Austin Engineering to quote new securities from dividend plan
Austin Engineering Limited today announced its application for the quotation of 933,248 new ordinary fully paid securities on the ASX, with an issue date of October 6, 2025. These securities are being issued under a dividend or distribution plan, as previously lodged with ASX on September 26, 2025.
The new securities are being issued for a cash consideration, with an issue price of AUD 0.28900000 per security. These additional securities will rank equally in all respects with the existing issued securities in their class from their issue date.
Following the quotation, Austin Engineering's total number of quoted ordinary fully paid securities will increase to 621,463,525. The company also has unquoted securities, including 3,950,000 options expiring on April 12, 2026, and 7,059,596 performance rights. The issue falls under an exception in Listing Rule 7.2, specifically exception 4, which does not impose a limit on participation in the dividend or distribution plan.
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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