Ventia converts CEO equity awards, unquoted share rights, and cessations

Ventia Services Group Limited (VNT) has announced the conversion of 75,249 unquoted share rights (VNTAB) into fully paid ordinary shares (VNT). This transaction, on August 15, 2025, increases the total number of quoted ordinary shares to 834,626,201. The conversion relates to CEO Equity Awards, which are subject to a two-year vesting period and performance conditions. Following this, the number of unquoted share rights (VNTAB) stands at 1,333,910.

In a related development, Ventia also reported the cessation of 71,176 unquoted share appreciation rights (VNTAC) on September 30, 2025. These rights lapsed because the underlying conditions were not satisfied or became incapable of being satisfied. No consideration was paid by the entity for this cessation. This quarterly lodgement covers the period ending September 30, 2025.

Following these changes, the company’s unquoted securities now comprise 1,333,910 share rights (VNTAB), 16,317,628 share appreciation rights (VNTAC), and 10,619,493 dividend equivalent rights (VNTAD). The announcements collectively highlight active management of the company's equity incentive programs.