Pengana Capital updates employee share buy-back date to december 31

Pengana Capital Group Limited (PCG) has updated its employee share scheme buy-back, primarily to change the buy-back date. The announcement, dated December 16, 2025, corrects a previous notification from December 11, 2025. The anticipated buy-back date is now set for December 31, 2025.

The company plans to buy back 125,000 ordinary fully paid shares, from a total of 98,744,950 securities currently on issue in the class. This buy-back is part of an employee share scheme and will not be for a cash consideration. Instead, it will facilitate a compulsory divestiture of Participants Plan Shares, with the consideration equal to the loan balance attributable to those shares or another amount specified by the board.

No security holder approval is required for this buy-back, and there are no other conditions that need to be satisfied before the offer becomes unconditional. Further details regarding the Employee Loan Plan can be found in the Explanatory Memorandum accompanying the Notice of Annual General Meeting/Proxy Form lodged with the ASX on May 2, 2017.