Qube Holdings issues over 2m employee incentive rights

Qube Holdings Limited, a significant player in the logistics and infrastructure sector, disclosed the issuance of 2,018,036 unquoted "RIGHTS" (ASX code: QUBAP) on December 8, 2025. These securities, issued under an employee incentive scheme, are not intended for quotation on the ASX and will rank equally with existing issued securities in their class from the issue date. The issuance falls under an exception in Listing Rule 7.2, specifically exception 13, meaning no security holder approval under Listing Rule 7.1 was required.

A substantial portion of these rights were granted to key management personnel (KMP) and their associates. Paul Digney received 578,965 rights, while Mark Wratten and John Digney each received 190,990 rights. Michael Sousa and Todd Emmert were each granted 167,444 rights. These performance rights were awarded pursuant to the FY26 awards under Qube's LTI plan, with the managing director's grant having been approved by shareholders at Qube's AGM on November 20, 2025.

Following this issue, Qube Holdings Limited now has 14,868,714 unquoted "RIGHTS" on issue. The company's total quoted ordinary fully paid shares remain at 1,769,612,012.