Insignia Financial updates on performance rights, total drops to 12.6m

Insignia Financial Ltd reported a decrease in its total performance rights to 12,625,589 (ASX: IFLAJ) as of December 24, 2025, down from 13,841,447 performance rights on issue as at June 30, 2025. This update follows the company's 2025 annual report. Since July 1, 2025, the company issued 1,000,966 performance rights, saw 1,579,120 rights exercised and satisfied, and 637,704 rights lapse due to unfulfilled conditions.

The announcement also detailed performance rights activity for key management personnel (KMP) since July 1, 2025. David Chalmers had 47,555 rights issued, 105,947 exercised, and 57,567 lapsed. Garry Mulcahy saw 13,834 rights issued, 62,834 exercised, and 35,580 lapsed. Other KMP, including Dave Woodall, Elizabeth McCarthy, Jason Sommer, and Renee Howie, also had performance rights issued.

Insignia Financial confirmed that it has 670,726,143 fully paid ordinary shares on issue, including 4,658,236 shares held by Certane CT Pty Ltd as trustee of the IOOF Equity Plans Trust, and no other unquoted securities on issue besides the performance rights detailed. The company acknowledged that usual ASX appendices related to performance rights plans have not been released since December 2020 and has since updated its processes to ensure compliance with ASX Listing Rules.