Ingenia Communities issues new performance rights to employees
Ingenia Communities Group (ASX: INA) announced on October 31, 2025, the issuance of 466,824 unquoted performance rights (ASX code: INAAB) to eligible employees. These new securities, issued on October 30, 2025, are part of the company's employee incentive scheme. Ingenia confirmed that these performance rights will rank equally in all respects with existing issued securities of that class from their issue date. The issuance falls under Listing Rule 7.2, exception 13, meaning it did not require security holder approval under Listing Rule 7.1.
One key management personnel (KMP), Justin Mitchell, received 78,116 performance rights and is also listed as the registered holder. The performance rights relate to both FY26 and FY23 long-term incentive plans (LTIPs), excluding the chief executive for FY26 LTIP rights as they are subject to security holder approval at the 2025 AGM. Details of the group's rights plan rules are accessible through the company's investor relations page.
Following this issuance, the total number of unquoted performance rights on issue for Ingenia Communities Group now stands at 5,539,475. The total number of fully paid ordinary/units stapled securities (ASX: INA) remains at 407,583,264. This announcement underscores Ingenia's ongoing commitment to its employee incentive programs.
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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