Jumbo Interactive Limited (ASX:JIN) has notified the market of the issue of 54,625 unquoted performance rights to its chief executive officer and key management personnel, with the securities issued on 6 November 2026 under the company's employee incentive scheme.

Key Points

  • 54,625 performance rights (ASX code: JINAC) were issued on 6 November 2026 to the CEO and key management personnel
  • 39,766 rights are Short Term Incentives with a 12-month term from 30 June 2026, vesting on 30 June 2027
  • 14,859 rights are Long Term Incentives (FY27 LTIs) with a three-year term, subject to TSR and Underlying EPSA performance hurdles
  • Following the issue, total JINAC performance rights on issue stand at 159,713

Short Term Incentive Performance Rights Details

The filing discloses that 39,766 performance rights were issued as Short Term Incentives to the CEO and key management personnel. These rights carry a term of 12 months from 30 June 2026 and vest on 30 June 2027, at which point each vested performance right automatically converts into one ordinary share. The named recipients and their respective allocations are: Mike Veverka (13,265), Xavier Bergade (7,279), Bradley Board (7,279), Jatin Khosla (6,231), and Abby Perry (5,712). The terms of these performance rights are substantially the same as summarised in the Notice of Meeting for the 2026 AGM.

Long Term Incentive Performance Rights Details

A further 14,859 performance rights were issued as Long Term Incentives, designated as FY27 LTIs, to key management personnel. The sole recipient disclosed is Abby Perry, who received all 14,859 rights. These securities carry a three-year term, with a vesting date falling 20 trading days after the release of the company's 2029 financial year end results. Vesting is subject to Total Shareholder Return and Underlying EPSA performance hurdles being met at the vesting date. Vested performance rights may be exercised within 36 months of the vesting date, with each converting into one ordinary share upon exercise.

Securities on Issue Following the Grant

According to the filing, following the issue of the 54,625 performance rights, Jumbo Interactive's total quoted ordinary fully paid shares on issue stand at 62,709,839. Unquoted securities on issue comprise 159,713 JINAC performance rights and 535,930 options expiring 22 September 2031 with an exercise price of $15.457. The filing states the securities were issued under an exception in Listing Rule 7.2, specifically exception 14, and therefore did not require securityholder approval under Listing Rule 7.1.