EMU NL (ASX:EMU) has notified the market of the cessation of 33,550,000 unquoted options following their expiry on 31 October 2026, with the securities lapsing without exercise or conversion.

Key Points

  • 33,550,000 options under ASX code EMUAD, with an exercise price of $0.10 and expiry date of 31 October 2026, have ceased.
  • The cessation reason was expiry of the options without exercise or conversion.
  • No consideration was paid by the entity for the cessation of the securities.
  • Following the cessation, EMU NL's quoted ordinary fully paid shares on issue total 405,497,648.

Details of Ceased Securities

According to the filing, the securities that have ceased are classified under ASX security code EMUAD, described as options expiring 31 October 2026 with an exercise price of $0.10. A total of 33,550,000 of these unquoted equity securities ceased on 31 October 2026 due to expiry without exercise or conversion. The company confirmed that no consideration was paid in connection with the cessation, and no additional information was provided regarding the circumstances of the expiry. The notification was lodged with ASX on 2 November 2026.

Issued Capital Following Cessation

Following the cessation, EMU NL's issued capital comprises 405,497,648 quoted ordinary fully paid shares and 1,349,586 ordinary partly paid shares to 90 cents unpaid. Among unquoted equity securities, the company holds 5,705,622 partly paid ordinary shares, 35,917,078 options expiring 28 September 2030 at an exercise price of $0.05, 119,332,102 options expiring 31 January 2027 at an exercise price of $0.03, and 10,579,193 options expiring on various dates at various prices. The EMUAD class now shows zero securities on issue following the cessation.

Appendix 3H Regulatory Disclosure

The notification was submitted as an Appendix 3H — Notification of Cessation of Securities — lodged with ASX on 2 November 2026. EMU NL, registered with ABN 50127291927, is the entity named in the disclosure. The filing states that the figures presented in the issued capital table are automatically generated and may not reflect the entity's current issued capital if other forms are concurrently being processed by ASX. The EMUAD class is noted as having ceased in its entirety, and the company did not provide any additional information beyond the standard cessation details outlined in the form.