FilingReader Intelligence

National Storage director Andrew Catsoulis updates holdings

October 29, 2025 at 10:04 AM UTCBy FilingReader AI

National Storage REIT has disclosed an Appendix 3Y, detailing changes to director Andrew Catsoulis's interests. The update, effective October 28, 2025, shows Catsoulis acquiring 194,479 fully paid ordinary stapled securities, valued at A$448,875. These new acquisitions are held through Storcat Pty Ltd as trustee for the Andrew Catsoulis Family Trust, and are subject to escrow.

Catsoulis has also been granted 467,200 performance rights, vesting on June 30, 2028 (FY28 performance rights), with no amount payable for this grant. These new performance rights are part of the NSR Equity Incentive Plan, approved by securityholders on October 22, 2025. This issuance also includes fully paid ordinary stapled securities as payment for a portion of the short-term incentive for the financial year ended June 30, 2025.

Following these changes, Catsoulis's indirect interests include various holdings through HSBC Custody Nominees (Australia) Limited and Storcat Pty Ltd. His total fully paid ordinary stapled securities now comprise 16,757,758 units (including the 194,479 escrowed units), alongside 1,326,100 performance rights across FY26, FY27, and FY28 vesting periods.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

ASX:NSRAustralian Securities Exchange

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