Infotrust Ltd (ASX:ITS) has disclosed the issue of 3,332,558 unquoted performance rights to eligible employees on 10 November 2026, pursuant to the company's Employee Incentive Plan, corresponding invitation, ASX Listing Rules, and other applicable laws.

Key Points

  • 3,332,558 FY27 performance rights (ASX security code: ITSAB) were issued on 10 November 2026
  • Key management personnel David Clanchy received 865,869 of the performance rights
  • The securities are unquoted, subject to a restriction on transfer, and will not be quoted on ASX until the restriction ends
  • Following the issue, total ITSAB performance rights on issue stand at 4,971,036
  • The issue was made under Listing Rule 7.2 exception 13 and did not require security holder approval

FY27 Performance Rights Issue Details

Infotrust Ltd issued 3,332,558 performance rights under the ITSAB security class on 10 November 2026, designated as FY27 performance rights for eligible employees. The securities were issued pursuant to the terms of the Infotrust Ltd Employee Incentive Plan and corresponding invitation, the ASX Listing Rules, and other applicable laws. The filing states the performance rights rank equally in all respects from their issue date with existing issued securities in that class. The securities are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends.

Key Management Personnel Allocation

According to the filing, key management personnel were among the recipients of the performance rights issued on 10 November 2026. David Clanchy, listed as a key management personnel, was issued 865,869 performance rights, registered in his own name. The filing confirms the issue was made under Listing Rule 7.2 exception 13, meaning the issue did not require security holder approval under Listing Rule 7.1. No further details regarding individual allocations to other employees were disclosed in the filing.

Securities on Issue Following the Transaction

Following the issue of the performance rights, Infotrust Ltd's total quoted ordinary fully paid shares on issue stand at 193,432,189. Among unquoted securities, ITSAB performance rights now total 4,971,036. Other unquoted securities on issue include 1,073,175 options expiring 29 September 2029 at an exercise price of $0.41, 1,009,932 options expiring 10 October 2029 at nil exercise price, 2,666,668 options expiring 24 July 2029 at an exercise price of $0.375, and 500,000 convertible notes.