Elders Limited: Shareholding shift and executive performance rights lapse

State Street Corporation and its subsidiaries decreased their substantial holding in Elders Limited, with their voting power falling from 6.94% to 5.73% as of November 19, 2025. This change reflects a net reduction of 1,018,964 shares held by the investment group.

Concurrently, Elders Limited announced the cessation of 331,378 performance rights under the FY23 Long-Term Incentive Plan on November 17, 2025, due to unmet conditions. An additional 41,364 performance rights, allocated to non-KMP executives, also lapsed on November 18, 2025, following their cessation of employment. These adjustments reduce the total unquoted performance rights to 1,400,906.

Furthermore, director Mark Charles Allison's unvested performance rights decreased by 107,000 to 474,740, directly resulting from the lapsed FY23 Long-Term Incentive Plan rights. His fully paid ordinary shares remain unchanged at 1,300,000.