Perpetual Limited reduces performance rights

Perpetual Limited (ASX:PPT) reported the cessation of 377,257 unquoted performance rights (ASX code: PPTAA) effective July 2, 2025. This reduction stems from a combination of vested and lapsed rights. Specifically, 119,316 performance rights vested for non-Key Management Personnel (KMP), while 257,941 performance rights lapsed, also for non-KMP. The company confirmed that no consideration was paid for this cessation.

Following this change, Perpetual Limited's total issued capital now comprises 114,782,568 ordinary fully paid shares (ASX code: PPT) and 1,690,865 unquoted performance rights (ASX code: PPTAA). The announcement, made on October 8, 2025, marks a notable adjustment to the company's unquoted equity securities.

This update is crucial for investors monitoring Perpetual Limited's capital structure and employee incentive programs. The figures reflect the company's issued capital after accounting for the reported cessation.