New Hope Corporation Limited (ASX:NHC) has notified the market of the cessation of 147,502 performance rights (ASX code: NHCAI), following the lapse of conditional rights on 23 September 2026 due to conditions that have not been, or have become incapable of being, satisfied.

Key Points

  • 147,502 unquoted NHCAI performance rights ceased on 23 September 2026
  • Cessation reason: conditions attached to the rights have not been, or have become incapable of being, satisfied
  • No consideration was paid by the entity for the cessation
  • Following the cessation, 6,084,595 NHCAI performance rights remain on issue
  • Ordinary fully paid shares (NHC) on issue total 844,185,577 following the change

Performance Rights Cessation Details

New Hope Corporation filed an Appendix 3H notification on 6 November 2026, disclosing the cessation of 147,502 unquoted equity securities classified as NHCAI performance rights. According to the filing, the cessation occurred on 23 September 2026. The stated reason for cessation was the lapse of a conditional right to securities because the conditions have not been, or have become incapable of being, satisfied. The entity confirmed that no consideration was paid in connection with the cessation of these securities.

Issued Capital Following the Cessation

Following the cessation of the 147,502 NHCAI performance rights, New Hope Corporation's issued capital comprises 844,185,577 ordinary fully paid shares quoted on ASX under the code NHC. In the unquoted equity securities category, 6,084,595 NHCAI performance rights remain on issue, along with 1,534 convertible notes under the code NHCAA. The filing notes that these figures are automatically generated and may not reflect the entity's current issued capital if other related forms are currently with ASX for processing.

Filing and Entity Identification

The notification was submitted by New Hope Corporation Limited, registered under ABN 38010653844, with ASX issuer code NHC. The Appendix 3H form was lodged as a new announcement dated 6 November 2026. The filing covers unquoted equity securities only, with the NHCAI class of performance rights being the subject of this particular cessation notice. The entity did not provide any additional information beyond the standard disclosure fields within the Appendix 3H form regarding the cessation.