Pengana Capital Group announces employee share scheme buy-back

Pengana Capital Group Limited (PCG) has announced an employee share scheme buy-back, scheduled for December 15, 2025. The company intends to buy back 125,000 ordinary fully paid securities from a total of 98,744,950 securities currently on issue in that class. This buy-back does not require security holder approval and has no other outstanding conditions.

The buy-back will facilitate a compulsory divestiture of a participant’s Plan Shares under the Plan Rules. The consideration will be an amount equal to the portion of the participant's loan balance attributable to those Plan Shares, or an alternative amount as specified by the board in the relevant invitation. This buy-back is not for a cash consideration.

Further details on the Employee Loan Plan are available in the Explanatory Memorandum accompanying the Notice of Annual General Meeting/Proxy Form, lodged with the ASX on May 2, 2017.