Metcash Limited Issues 33,990 Performance Rights to Executive Under FY27 Long-Term Incentive Plan

Shwetambri Chauhan

13 November 2026 02:46 PM AEDT

Metcash Limited Issues 33,990 Performance Rights to Executive Under FY27 Long-Term Incentive Plan

Image Source: Krish Capital Pty Ltd

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Metcash Limited (ASX:MTS) has disclosed the issue of 33,990 unquoted performance rights to an eligible executive as part of the company's FY27 long-term incentive awards, with the securities issued on 6 November 2026 under the company's Equity Incentive Plan Rules.

Key Points

Metcash issued 33,990 performance rights (ASX security code: MTSAK) on 6 November 2026
The securities were issued to a key management personnel (KMP) member or associate in relation to FY27 long-term incentive awards
The performance rights are unquoted and not intended to be quoted on ASX
Following the issue, total unquoted MTSAK performance rights on issue stand at 11,571,609, with 1,099,726,157 ordinary fully paid shares quoted on ASX

Performance Rights Issue Details

Metcash Limited disclosed the issue of 33,990 performance rights under the ASX security code MTSAK, with an issue date of 6 November 2026. The filing states the securities were issued to an eligible executive in respect of their FY27 long-term incentive awards under the company's Equity Incentive Plan Rules. The filing confirms the securities were issued to key management personnel or an associate. The performance rights are classified as other securities issued under an employee incentive scheme and are not intended to be quoted on ASX.

Securities on Issue Following the Grant

Following the issue of the 33,990 performance rights, Metcash's total unquoted MTSAK performance rights on issue amount to 11,571,609, according to the filing. The company's quoted securities comprise 1,099,726,157 ordinary fully paid shares listed on ASX under the code MTS. The filing notes the figures provided in the securities on issue section are automatically generated and may not reflect the entity's current issued capital if other forms are currently with ASX for processing.

Listing Rule Compliance and Approval

According to the filing, the 33,990 performance rights were issued under an exception in Listing Rule 7.2, meaning the issue did not require security holder approval under Listing Rule 7.1. The filing states that 33,990 securities are being issued without security holder approval using the entity's 15% placement capacity under Listing Rule 7.1. The filing further states that the additional 10% placement capacity under Listing Rule 7.1A is not applicable in this instance. The terms of the employee incentive scheme are governed by the company's Equity Incentive Plan Rules previously lodged with ASX.

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