Larvotto Resources Limited (ASX:LRV) has disclosed the issue of 93,625 unquoted performance rights under its employee incentive scheme, with an issue date of 30 November 2026, according to an Appendix 3G filing lodged with the ASX on 3 November 2026.

Key Points

  • 93,625 performance rights (ASX code: LRVAH) to be issued on 30 November 2026 under an employee incentive scheme
  • The securities were issued to key management personnel or an associate
  • The performance rights are unquoted and subject to a restriction on transfer, and will not be quoted on ASX until the restriction ends
  • Following the issue, total LRVAH performance rights on issue will be 19,496,521, with a further 5,082,000 LRVAG performance rights also on issue

Performance Rights Issue Details

Larvotto Resources disclosed the issue of 93,625 performance rights under security code LRVAH as an additional issue within an existing class. The securities are issued under the company's employee incentive scheme and are subject to a restriction on transfer. According to the filing, the performance rights will not be quoted on ASX until the applicable restriction period ends. The issue was made under Listing Rule 7.2 Exception 13, meaning security holder approval under Listing Rule 7.1 was not required for the issue to proceed.

Key Management Personnel Recipient

The filing confirms that some or all of the 93,625 performance rights were issued to key management personnel or an associate. The new securities are designated under ASX security code LRVAH and carry the description "Performance Rights." The filing states these securities will rank equally in all respects from their issue date with other existing issued securities in the same class. The terms of the employee incentive scheme under which the rights were issued are documented in a separate disclosure lodged with ASX.

Securities on Issue Following the Transaction

Following the issue of the 93,625 performance rights, Larvotto Resources disclosed its updated securities on issue. The company's quoted securities comprise 520,288,899 ordinary fully paid shares (ASX: LRV). Unquoted securities on issue include 19,496,521 LRVAH performance rights and 5,082,000 LRVAG performance rights. The filing noted that the automatically generated figures in the securities-on-issue section may not reflect the entity's current issued capital if other related forms are simultaneously being processed by ASX.