Ramsay Health Care performance rights lapse due to unmet conditions

Ramsay Health Care Limited (ASX:RHC) has notified the market of the cessation of a significant number of unquoted performance rights (ASX:RHCAB) due to unmet conditions. The announcement on October 8, 2025, details multiple instances where conditional rights to securities lapsed because the conditions were not satisfied or became incapable of being satisfied.

The cessations occurred across several dates in July, August, and September 2025. Key lapses include 2,098 performance rights ceasing on July 4, 2025; 2,837 rights on July 11, 2025; 722 rights on July 18, 2025; and a further 7,481 rights on July 25, 2025. Additionally, 3,372 rights ceased on August 18, 2025, and a substantial 161,841 rights lapsed on September 1, 2025, followed by 21,542 rights on September 18, 2025. In all cases, Ramsay Health Care Limited did not pay any consideration for these cessations.

Following these changes, the total number of unquoted performance rights (ASX:RHCAB) on issue now stands at 416,227. The company's quoted capital includes 2,600,000 RHCPA shares and 230,829,811 RHC ordinary fully paid shares.