Qualitas announces cessation of 180,852 unquoted securities

Qualitas Limited (ASX:QAL) has reported a significant cessation of 180,852 unquoted equity securities across several classes, primarily due to the lapse of conditional rights and cancellations by agreement. The announcement, dated Monday, December 22, 2025, details the impact on various security classes.

Notable cessations include 87,500 options (QALAC) expiring on November 6, 2033, with an exercise price of $2.31, and 48,076 options (QALAB) expiring on March 8, 2033, with an exercise price of $2.75. Both ceased because conditions were not met or could not be satisfied. Additionally, 20,000 share rights (QALAA) also ceased for similar reasons.

Furthermore, 25,276 share rights (QALAA) were cancelled by agreement between Qualitas Limited and the holders, effective December 1, 2025. None of these cessations involved the entity paying any consideration. Following these changes, Qualitas Limited's total unquoted securities now include 1,455,000 QALAF options, 1,237,500 QALAC options, 2,900,817 QALAA share rights, 721,147 QALAB options, and 1,570,000 QALAE options. The number of quoted ordinary fully paid shares remains at 301,424,517.