Carnegie Clean Energy Limited (ASX:CCE) has issued 16,100,000 unlisted staff options under its employee incentive scheme, according to an Appendix 3G filing lodged with the exchange on 5 November 2026.

Key Points

  • 16,100,000 unlisted staff options issued on 5 November 2026 under an employee incentive scheme
  • Options are exercisable at $0.27 each and expire on 5 November 2028
  • Options are not exercisable prior to 30 June 2027
  • Upon exercise, options convert into CCE ordinary fully paid shares
  • The issue was made under Listing Rule 7.2 exception 9, not requiring security holder approval

Unlisted Staff Options Issue Details

Carnegie Clean Energy disclosed the issue of 16,100,000 unlisted staff options on 5 November 2026 as a new class of unquoted securities. The options carry an exercise price of AUD $0.27 each and have an expiry date of 5 November 2028. The filing states the options are not exercisable prior to 30 June 2027. Upon exercise or conversion, the options will result in the issue of CCE ordinary fully paid shares. The securities are denominated in Australian dollars and are not intended to be quoted on ASX.

Employee Incentive Scheme and Listing Rule Compliance

The options were issued under Carnegie Clean Energy's employee incentive scheme. According to the filing, the issue was made under an exception in Listing Rule 7.2, specifically exception 9, and therefore did not require security holder approval under Listing Rule 7.1. The filing confirms that ASX has provided confirmation that the terms of the securities are appropriate and equitable under Listing Rule 6.1. None of the securities issued in this class were issued to key management personnel or an associate, the filing states.

Securities on Issue Following the Grant

Following the issue of the new options, Carnegie Clean Energy's total quoted securities on issue comprised 427,303,111 ordinary fully paid shares. The company's unquoted securities on issue include 44,485,466 options expiring 29 October 2027 with an exercise price of $0.06 (CCEAF), 10,000,000 options expiring 14 July 2029 with an exercise price of $0.27 (CCEAG), and the newly issued 16,100,000 unlisted staff options for which an ASX security code is yet to be confirmed. The filing notes that the figures may not reflect the entity's current issued capital if other forms are currently with ASX for processing.