New Hope Corporation Converts 107,949 Performance Rights to Ordinary Shares

Manish Choudhary

06 November 2026 04:04 PM AEDT

New Hope Corporation Converts 107,949 Performance Rights to Ordinary Shares

Image Source: Krish Capital Pty Ltd

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New Hope Corporation Limited (ASX:NHC) has filed an Appendix 3G disclosing the conversion of 107,949 performance rights (NHCAI) into fully paid ordinary shares (NHC), with conversions occurring between 1 August 2026 and 31 October 2026 and the resulting securities issued on 30 January 2023.

Key Points

107,949 performance rights (NHCAI) were converted into fully paid ordinary NHC shares
Conversions took place between 1 August 2026 and 31 October 2026
The securities were issued under an employee incentive scheme
Following the conversion, total quoted ordinary shares on issue stand at 844,185,577
Remaining unquoted performance rights (NHCAI) total 6,124,148, with 1,534 convertible notes (NHCAA) also on issue

Performance Rights Conversion Details

According to the filing lodged on 6 November 2026, New Hope Corporation Limited converted 107,949 unquoted performance rights, classified under ASX security code NHCAI, into existing fully paid ordinary shares trading under the code NHC. The conversion involved a transfer of existing securities rather than the creation of new shares. The filing confirms the performance rights being converted were issued under an employee incentive scheme. The filing also states that none of the performance rights being converted were held by key management personnel or an associate.

Conversion Period and Security Classification

The filing discloses that the first date on which the performance rights were converted was 1 August 2026, with the last conversion date recorded as 31 October 2026. The underlying ordinary securities received by holders are already quoted on ASX. The filing notes that the 107,949 figure does not represent all of the performance rights on issue of that type. The original issue date of the securities the subject of this notification is recorded as 30 January 2023, as stated in the Appendix 3G submission.

Securities on Issue Following Conversion

Following the conversion, New Hope Corporation's total quoted ordinary fully paid shares on issue are recorded at 844,185,577 under ASX security code NHC. In terms of unquoted securities, the filing states that 6,124,148 performance rights (NHCAI) remain on issue, along with 1,534 convertible notes (NHCAA). The filing notes that 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 concurrently being processed by ASX.

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