Coventry Group announces performance rights lapse

Coventry Group Limited (ASX:CYG) announced the cessation of 718,843 unquoted performance rights (ASX code: CYGAA) effective December 9, 2025. These securities lapsed because the attached conditions were not met or became incapable of being satisfied. The company did not pay any consideration for this cessation.

Following this change, the total number of unquoted performance rights (CYGAA) on issue has decreased to zero. However, the company still has 5,000,000 unquoted options (CYGAM) expiring on November 21, 2028, with an exercise price of A$0.80.

The total number of quoted ordinary fully paid shares (ASX:CYG) remains unchanged at 139,065,859. This adjustment primarily impacts the unquoted securities, reflecting the outcome of performance-related conditions for the specified rights.