Origin Energy issues employee incentive securities, converts shares
Origin Energy Limited has issued 944,894 new unquoted equity securities under its employee incentive schemes. These comprise 401,480 Performance Share Rights (ORGAK), 141,959 Share Rights (ORGAN), and 401,455 Restricted Share Rights (ORGAO). The issues occurred on August 21, 2025, and September 1, 2025, and are not intended to be quoted on ASX. The company confirmed these new securities will rank equally with existing issued securities in their respective classes.
Additionally, Origin Energy converted a total of 1,443,439 Performance Share Rights (ORGAK) into Ordinary Fully Paid shares (ORG) on August 22, 2025. Another 520,494 Share Rights (ORGAN) converted into Ordinary Fully Paid shares (ORG) on September 30, 2025, and 694,701 Restricted Share Rights (ORGAO) converted into Ordinary Fully Paid shares (ORG) on August 22, 2025. These conversions reflect the vesting of rights under the Origin Energy Equity Incentive Plan and Matching Share Plan rules.
Furthermore, 15,702 Share Rights (ORGAN) ceased on September 30, 2025, due to conditions not being satisfied. Following these transactions, the total number of unquoted securities now stands at 2,365,839 Performance Share Rights (ORGAK), 946,801 Share Rights (ORGAN), and 3,066,392 Restricted Share Rights (ORGAO). The total number of Ordinary Fully Paid shares (ORG) remains unchanged at 1,722,747,671, as the conversions were satisfied by a transfer of existing quoted securities.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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