Jade Gas Holdings Limited (ASX:JGH) has applied to the Australian Securities Exchange for the quotation of 1,000,000 fully paid ordinary shares, issued on 3 November 2026 following the conversion of performance rights on 2 November 2026.

Key Points

  • 1,000,000 ordinary fully paid shares applied for quotation on ASX with an issue date of 3 November 2026
  • Shares were issued via the conversion of 1,000,000 JGHAT performance rights, converted on 2 November 2026
  • Consideration for the securities is described as conversion of performance rights, with an estimated value of AUD $0.064 per security
  • Following quotation, total quoted ordinary fully paid shares on issue will be 2,218,510,355

Performance Rights Conversion Details

According to the filing, 1,000,000 JGHAT performance rights were converted into 1,000,000 ordinary fully paid JGH shares on 2 November 2026. The conversion date was both the first and last date the convertible securities were converted. The filing states the securities were issued under an employee incentive scheme. The consideration provided for the shares is described as the conversion of performance rights, with an estimated value of AUD $0.064 per security. No cash consideration was involved in the transaction.

Ranking and Quotation of New Securities

Jade Gas Holdings confirmed in the filing that the 1,000,000 newly issued ordinary shares will rank equally in all respects from their issue date with the existing issued securities in the same class. The shares are described as an existing class already quoted on ASX, and the right of the holder to receive the underlying securities is being satisfied by the underlying securities being received directly by the holder. The application for quotation was lodged on 3 November 2026.

Issued Capital Following Quotation

Following the quotation of the new securities, the total number of quoted ordinary fully paid shares on issue will be 2,218,510,355. The company's unquoted securities on issue include 127,500,000 options expiring 23 October 2028 at an exercise price of $0.053, 14,500,000 options expiring 12 December 2027 at $0.05, 86,250,000 performance rights, 111,666,668 options expiring 4 August 2029 at $0.15, 25,000,000 options expiring 2 June 2030 at $0.075, and 37,500,000 options expiring 16 June 2030 at $0.12.