Conico Ltd Discloses Expiry of 3,513,896 Listed Options (CNJO) on 31 December 2026

Aditi Sarkar

10 November 2026 05:39 PM AEDT

Conico Ltd Discloses Expiry of 3,513,896 Listed Options (CNJO) on 31 December 2026

Image Source: Krish Capital Pty Ltd

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Conico Ltd (ASX:CNJ) has advised that 3,513,896 listed options (ASX:CNJO), each exercisable at $2.08 per option, will expire at 5.00pm (AWST) on Thursday, 31 December 2026, with official quotation of the options on ASX ceasing at close of trading on Wednesday, 23 December 2026.

Key Points

3,513,896 listed options (ASX:CNJO) with an exercise price of $2.08 each will expire on 31 December 2026
Official quotation of the options will cease at close of trading on 23 December 2026, four business days before expiry
The options are substantially out of the money; the last closing price of Conico shares prior to the filing date was $0.007 on 9 November 2026
The company will not be sending personalised expiry notices to option holders, as permitted under ASX Listing Rule 6.16
The exercise of the options is not underwritten

Option Terms and Expiry Date

According to the filing, Conico's 3,513,896 listed options each entitle the holder, on exercise, to one fully paid ordinary share in the company. The exercise price is $2.08 per option, with payment in cleared funds due by the Expiry Date of 31 December 2026 at 5.00pm (AWST). If payment in cleared funds is not received by the Expiry Date, the options will expire unexercised and all rights attaching to the options will cease. If all options were exercised, 3,513,896 shares would be issued.

Out-of-the-Money Status and Personalised Notice Waiver

The filing states that the options are substantially out of the money. The last closing market price of Conico shares on ASX prior to the date of the filing was $0.007, recorded on 9 November 2026. During the three months immediately preceding the filing date, the highest market price of shares on ASX was $0.013 on 22 September 2026, and the lowest was $0.006 on 4 November 2026. Under ASX Listing Rule 6.16, the company is not required to send personalised expiry notices to holders of substantially out-of-the-money quoted options, and the company disclosed it will not be doing so.

Conditions for Future Expiry Notice

The filing states that if the market price of the company's fully paid ordinary shares exceeds the exercise price of $2.08 before the Expiry Date, the company will immediately send an option expiry notice to holders of the options in accordance with Item 5.3 of Appendix 6A of the ASX Listing Rules. The exercise of the options is not underwritten. The filing was authorised for release by the Board of Conico Ltd and was dated 10 November 2026.

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