Nextdc issues new shares, cancels performance rights

Nextdc Limited announced the issue of 158,271 fully paid ordinary shares on October 8, 2025. These shares resulted from the conversion of unquoted performance rights previously held under an employee incentive scheme. The underlying securities received by holders are existing shares already quoted on the ASX. This conversion increases the total number of fully paid ordinary shares on issue to 640,850,580.

Concurrently, Nextdc Limited also announced the cessation of 2,792 performance rights on October 8, 2025. These unquoted equity securities were cancelled due to vesting conditions not being met, with no consideration paid by the entity for their cessation. Following these changes, the total number of unquoted performance rights now stands at 13,433,242.

The company's unquoted securities now comprise 861,813 ordinary fully paid shares, 13,433,242 performance rights, and 187,604 share rights. These adjustments reflect the ongoing management of employee incentive schemes and the conversion of unquoted securities into publicly traded shares.