Silex Systems to quote new shares, State Street ceases substantial holding

Silex Systems Limited (ASX:SLX) is set to quote 31,000 new ordinary fully paid shares on the ASX, effective December 4, 2025. This follows the exercise of 11,000 options expiring on March 23, 2026, at an exercise price of AUD 1.20, and 20,000 options expiring on March 17, 2027, at an exercise price of AUD 1.19. These new shares will rank equally with existing issued securities. The company’s total quoted ordinary shares will increase to 277,414,741.

Concurrently, State Street Corporation and its subsidiaries ceased to be a substantial holder in Silex Systems Limited as of December 2, 2025. This change in shareholding reflects various collateral and stock lend transactions between State Street entities and Silex Systems Limited.

The unquoted securities of Silex Systems Limited remain diversified, including multiple option classes and performance rights. The latest quotation represents a further capitalization of the company through its existing employee incentive schemes.