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Ingenia director Carfi's STIP rights increase

October 8, 2025 at 10:05 AM UTCBy FilingReader AI

Ingenia Communities Group (ASX:INA) reported a change in director John Carfi's interests, detailing the issuance of Short Term Incentive Plan (STIP) Rights. On October 2, 2025, Carfi's STIP Rights increased by 116,329, bringing his total STIP Rights to 147,004. This transaction resulted in no change to his nil holding of fully paid stapled securities or his 469,964 Long Term Incentive Plan (LTIP) Rights.

The issue of STIP Rights was valued based on the closing price of INA stapled securities at A$5.64 on October 2, 2025. This issue occurred during a non-closed period, and no prior written clearance was required. The performance rights were issued to eligible employees under the group's Rights Plan for FY25 STIP Rights, as further detailed in the 2024 AGM notice of meeting.

Ingenia Communities Group also confirmed the issuance of 153,490 performance rights (ASX:INAAB) on October 2, 2025, under an employee incentive scheme. Of these, 116,329 were issued to John Carfi and 31,627 to Justin Mitchell, both identified as key management personnel. These securities are subject to transfer restrictions and are not currently quoted on ASX. Following this issue, the total number of unquoted performance rights for Ingenia stands at 5,133,490.

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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