Silex Systems sees substantial holder exit, new shares issued

State Street Corporation and its subsidiaries ceased to be a substantial holder in Silex Systems Limited on November 17, 2025. This change was a result of various collateral received, stock borrow activities, and stock lending.

Concurrently, Silex Systems Limited announced the quotation of 110,037 new ordinary fully paid shares, issued on November 19, 2025, under the Silex Systems Limited Employee Incentive Plan. These shares are subject to a 12-month trading restriction expiring on November 18, 2026. This issuance increases the total quoted ordinary shares to 277,383,741.

Additionally, 15,963 Performance Rights ceased due to cancellation by agreement between Silex Systems and the holder on November 19, 2025, to satisfy US withholding tax obligations. Following these adjustments, unquoted Performance Rights now total 1,107,937.