EchoIQ Limited (ASX:EIQ) has notified ASX of the issue of 3,250,000 unquoted options under its employee incentive scheme, with the securities issued on 3 November 2026 under ASX security code EIQAAU, described as options expiring on various dates at various exercise prices.

Key Points

  • 3,250,000 unquoted employee options (EIQAAU) were issued on 3 November 2026
  • The options were issued to key management personnel (KMP) or an associate
  • Securities were issued under Listing Rule 7.2 Exception 13 and did not require securityholder approval
  • Following the issue, total EIQAAU securities on issue stand at 36,950,000
  • EchoIQ has 740,874,779 ordinary fully paid shares on issue following the transaction

Employee Option Issue Details

EchoIQ Limited disclosed the issue of 3,250,000 unquoted options under its employee incentive scheme, assigned to ASX security code EIQAAU with the description "OPT EXPIRING VARIOUS DATES EX VARIOUS PRICES EMP." The options were issued on 3 November 2026 and are not intended to be quoted on ASX. According to the filing, the securities were issued to key management personnel or an associate of KMP. The filing states the options are an existing class of securities and do not rank equally in all respects with other securities in that class from the issue date.

Listing Rule Exception and Scheme Terms

The filing states the options were issued under an exception in ASX Listing Rule 7.2, specifically Exception 13, meaning the issue did not require securityholder approval under Listing Rule 7.1. The options were issued as part of an employee incentive scheme. EchoIQ provided a reference to a document lodged with ASX detailing the terms of the employee incentive scheme. The company is registered with ABN 48142901353 and trades on ASX under the issuer code EIQ.

Securities on Issue Following the Transaction

Following the issue, EchoIQ's quoted securities comprise 740,874,779 ordinary fully paid shares (ASX:EIQ). The company's unquoted securities now include 36,950,000 EIQAAU options expiring on various dates at various exercise prices, 8,500,000 options expiring 20 June 2028 at $0.35, 8,000,000 options expiring 31 December 2028 at $0.35, 7,000,000 performance rights, 5,000,000 options expiring 29 November 2026 at $0.25, 4,875,000 performance rights expiring 31 March 2028, 4,000,000 options expiring 28 October 2028 at $0.21, 4,000,000 options expiring 4 March 2030 at $0.25, 2,800,000 options expiring 14 June 2027 at $0.25, 2,000,000 options expiring 31 October 2028 at $0.20, 2,000,000 options expiring 1 September 2029 at $1.24, and 1,500,000 options expiring 4 March 2028 at $0.35.