Jumbo Interactive Limited (ASX:JIN) has notified the market of the issue of 849,839 unquoted LTI One-Off Equity Grant Premium Options to key management personnel, with an issue date of 6 November 2026, an exercise price of AUD $7.683 per option, and an expiry date of 30 June 2033.

Key Points

  • 849,839 LTI One-Off Equity Grant Options issued on 6 November 2026 at an exercise price of AUD $7.683 per option
  • Options vest on 30 June 2030 and must be exercised within 36 months of the vesting date, expiring 30 June 2033
  • All options were issued to key management personnel: Mike Veverka (328,894), Xavier Bergade (180,491), Bradley Board (194,704), and Abby Perry (145,750)
  • The options are subject to employment hurdles and are not intended to be quoted on ASX

LTI One-Off Equity Grant Option Terms and Structure

According to the filing, the options are described as one-off retention Long Term Incentives with a term of four years. The exercise price is set at AUD $7.683 per option, with a vesting date of 30 June 2030. The options must be exercised within 36 months of the vesting date, establishing a final expiry date of 30 June 2033. The filing states the options are subject to employment hurdles. Upon exercise, the options convert into JIN ordinary fully paid shares. The securities were issued under an exception in Listing Rule 7.2 and therefore did not require security holder approval under Listing Rule 7.1.

Key Management Personnel Allocations

The filing discloses that all 849,839 options were issued to key management personnel. The individual allocations are as follows: Mike Veverka received 328,894 options, Bradley Board received 194,704 options, Xavier Bergade received 180,491 options, and Abby Perry received 145,750 options. The filing confirms that each named KMP is also the registered holder of their respective options. The terms of the LTI options are described in the filing as substantially the same as those summarised in the Notice of Meeting for the 2026 AGM under resolution 5.

Unquoted Securities on Issue Following the Grant

Following the issue of the LTI One-Off Equity Grant Options, Jumbo Interactive's unquoted securities comprise three classes, according to the filing. These are: JINAD options expiring 22 September 2031 at an exercise price of $15.457, totalling 535,930; JINAC performance rights totalling 105,088; and the newly issued LTI One-Off Equity Grant Options totalling 849,839. The company's quoted ordinary fully paid shares on issue total 62,709,839. The filing notes that the figures in the securities-on-issue table are automatically generated and may not reflect current issued capital if other forms are being processed by ASX.