FilingReader Intelligence

Wisetech Global to expand capital, director sells shares

October 6, 2025 at 07:27 AM UTCBy FilingReader AI

WiseTech Global Limited (ASX:WTC) is set to issue an additional 1,400,000 fully paid ordinary shares at AUD 93.00 per security on September 30, 2025. These new securities, issued under the company's 15% placement capacity, are intended for the WiseTech Global Limited Employee Share Trust as part of employee equity plans. Following this issuance, the total number of quoted ordinary shares will increase to 336,022,986.

Concurrently, WiseTech Global reported changes in unquoted equity securities and a director's interest. On September 30, 2025, 954,003 share rights converted into fully paid ordinary shares for non-KMP employees. Additionally, 493 vested share rights held by KMP Brett Shearer converted to ordinary shares on September 26, 2025.

The company also reported cessations of unquoted share rights totaling 64,096. This includes 60,177 lapsing due to unfulfilled conditions and 1,952 cancelled by agreement for AUD 100.18 per security cash settlement. Director Richard White's indirect holdings also decreased by 598,130 ordinary shares between September 26 and October 2, 2025, through on-market trades at an average price of AUD 91.46 per share.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

ASX:WTCAustralian Securities Exchange

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