Fortescue announces cessation of performance rights and SIP vested rights

Fortescue Ltd has reported the cessation of a total of 18,657 unquoted equity securities, comprising 9,318 performance rights (FMGAK) and 9,339 SIP vested rights (FMGAT). This announcement, made on Monday, October 13, 2025, details changes to the company's issued capital.

The 9,318 performance rights ceased on September 4, 2025, due to the lapse of conditional rights where conditions were not satisfied or became incapable of satisfaction. Separately, the 9,339 SIP vested rights ceased on September 29, 2025, as a result of forfeiture in accordance with their terms. The company clarified that these SIP vested rights were forfeited on multiple dates between September 8, 2025, and September 29, 2025. In both instances, Fortescue Ltd did not pay any consideration for the cessation of these securities.

Following these changes, Fortescue's issued capital now includes 3,078,964,918 ordinary fully paid shares (FMG) as quoted securities. Unquoted securities now comprise 5,977,786 performance rights (FMGAK) and 10,118,430 SIP vested rights (FMGAT). This notification provides an update on the company's capital structure as of the announcement date.