Treasury Wine Estates: Deferred share rights lapse

Treasury Wine Estates Limited (TWE) announced on October 10, 2025, the cessation of 2,852 unquoted Deferred Share Rights (ASX security code TWEAB). These rights lapsed on August 19, 2025, because the conditions for their vesting were not met or became incapable of being satisfied. The company confirmed it did not pay any consideration for this cessation.

Following this change, the total number of unquoted TWEAB Deferred Share Rights on issue has decreased to 544,796. The company’s total quoted ordinary fully paid shares (ASX:TWE) remain unchanged at 811,426,445. Additionally, 3,257,597 TWEAA Performance Rights remain unquoted.

This adjustment reflects a routine update to the company’s capital structure as certain equity instruments reach the end of their conditional terms without vesting. The announcement provides transparency regarding the current state of Treasury Wine Estates' issued capital.