Shape Australia boosts employee incentives with new performance rights
Shape Australia Corporation Limited (ASX:SHA) announced on October 16, 2025, the issue of 612,131 unquoted performance rights (ASX security code: SHAAA) under an existing employee incentive scheme. These new securities were issued on October 9, 2025, and are not intended for quotation on the ASX. Following this issue, the total number of unquoted performance rights will increase to 2,944,216.
The issue included 143,529 performance rights to director Peter Marix-Evans and 46,275 performance rights to Scott Jamieson, both key management personnel. These performance rights will rank equally in all respects with existing issued securities in that class from their issue date. The transaction did not require security holder approval under Listing Rule 7.1, as it fell under exception 15 of Listing Rule 7.2.
With this new issuance, Peter Marix-Evans now holds 228,925 fully paid ordinary shares and 663,022 performance rights directly. Indirectly, he holds 625,440 fully paid ordinary shares via Jodie Marix-Evans and 604,601 fully paid ordinary shares through Coopharr Pty Ltd <Alfrescojo A/C>. The total number of quoted ordinary fully paid shares on issue for Shape Australia Corporation Limited remains 83,489,260.
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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