Motorcycle Holdings to list new shares from performance rights conversion

Motorcycle Holdings Limited (ASX: MTO) is set to expand its quoted capital with the listing of 56,554 new ordinary fully paid shares. These shares, with an issue date of November 19, 2025, are being issued for nil consideration as a result of the conversion of vested performance rights under an employee incentive scheme.

The new shares will rank equally in all respects with the existing issued securities of the same class. Following this quotation, the total number of ordinary fully paid shares (MTO) on issue will increase to 73,862,998, while unquoted performance rights (MTOAA) will decrease to 621,672. The issuance falls under Listing Rule 7.2 exception 13.

Among the recipients of these shares is key management personnel Nicole Spink, who will receive 6,532 shares through NS Retirement Pty Ltd <Spink S/F A/C>. The estimated value of the consideration provided per security is AUD0.000000.