State Street reduces Droneshield stake amid new share issuance

State Street Corporation and its subsidiaries, a substantial holder in Droneshield Limited, have decreased their voting power from 7.40% to 6.34%. This change, reported on December 17, 2025, from a previous notification on December 4, 2025, is attributed to various collateral activities and stock lending transactions by State Street Bank and Trust Company. These activities include receiving and returning collateral, and borrowing and lending shares.

Concurrently, Droneshield Limited announced the quotation of 290,000 new ordinary fully paid securities on December 19, 2025. These shares were issued due to the exercise of performance options held by employees, forming an integral part of the company's compensation structure. The options were converted without a cash consideration.

Following these issuances, Droneshield Limited's total quoted ordinary fully paid shares now stand at 913,417,667, while unquoted options expiring on various dates amount to 17,316,528.