ANZ settles with ASIC for $250m, issues shares and updates director holdings

ANZ today announced a Federal Court decision finalizing its settlement with the Australian Securities and Investments Commission (ASIC) over five regulatory matters. The settlement includes civil penalties of $240 million, with an additional $10 million penalty for inaccurate secondary bond turnover data, bringing the total penalty to $250 million. The financial impact is largely covered by existing provisions.

In conjunction with these developments, ANZ Group Holdings Limited has issued 2,007,267 new ordinary fully paid shares under its Bonus Option Plan, ranking equally with existing shares. These shares are part of the total 3,014,198,826 ordinary shares now on issue. Additionally, 141,897 unquoted options/rights were issued to key management personnel, including Nuno Matos, as part of an employee incentive scheme.

Director Christine Elizabeth O'Reilly acquired 154 ANZ ordinary shares through the Dividend Reinvestment Plan at $34.37 per share, increasing her direct holding to 6,554 shares. Separately, director John Peter Cincotta acquired 550 ANZ ordinary shares through on-market trades, with 275 shares at $35.735 each and another 275 shares at $36.140 each, bringing his total direct holding to 550 shares.