Ioneer Ltd (ASX:INR) has disclosed a change in the relevant interests of director Rose E. McKinney-James, following the conversion of 188,083 performance rights into 188,083 fully paid ordinary shares on 2 November 2026, with the transaction occurring in lieu of a director fee.

Key Points

  • 188,083 performance rights were converted into 188,083 fully paid ordinary shares on 2 November 2026
  • The conversion was effected at nil consideration, in lieu of a director fee
  • Following the change, Rose E. McKinney-James holds 990,343 fully paid ordinary shares and 123,455 performance rights
  • The interest is held directly, and the transaction did not occur during a closed period

Performance Rights Conversion Details

According to the filing lodged under ASX Listing Rule 3.19A.2, director Rose E. McKinney-James converted 188,083 performance rights into an equivalent number of fully paid ordinary shares in Ioneer Ltd on 2 November 2026. The consideration for the transaction was nil, with the filing stating the conversion was made in lieu of a director fee. The interest is classified as a direct interest, with no indirect interest or registered holder details applicable to this transaction.

Securities Held Before and After the Change

Prior to the change, Rose E. McKinney-James held 311,538 performance rights and 802,260 fully paid ordinary shares in Ioneer Ltd. Following the conversion, her holdings changed to 123,455 performance rights and 990,343 fully paid ordinary shares. The number of performance rights decreased by 188,083 and the number of fully paid ordinary shares increased by 188,083, reflecting the one-for-one conversion disclosed in the filing. No contracts or indirect interests were reported as changed.

Closed Period and Compliance Disclosure

The filing states that the securities the subject of the change were not traded during a closed period where prior written clearance was required. No details of any contract interests were disclosed in Part 2 of the notice, with the director's relevant interests in contracts recorded as not applicable. The previous director's interest notice for Rose E. McKinney-James was dated 12 June 2026, according to the filing. The notice was submitted to ASX by Ioneer Ltd, ABN 76 098 564 606.