PlaySide Studios Limited (ASX:PLY) has issued 4,503,728 unquoted performance rights under its employee incentive scheme, with the securities issued on 5 November 2026 and the notification lodged with ASX on 9 November 2026.

Key Points

  • 4,503,728 performance rights (ASX code: PLYAD) were issued on 5 November 2026 under the company's employee incentive scheme
  • Key management personnel Colin Lai received 869,925 of the performance rights, registered in his own name
  • The securities are unquoted and are not intended to be quoted on ASX
  • The issue was made under exception 13 in ASX Listing Rule 7.2, meaning no security holder approval was required under Listing Rule 7.1

Performance Rights Issue Details

PlaySide Studios disclosed the issue of 4,503,728 performance rights carrying the ASX security code PLYAD, with an issue date of 5 November 2026. The filing states that all securities in this tranche rank equally in all respects from their issue date with existing issued securities in the same class. The performance rights were issued as unquoted securities under the company's employee incentive scheme and are not intended to be quoted on ASX. The issue was made under exception 13 in Listing Rule 7.2 and therefore did not require security holder approval under Listing Rule 7.1.

Key Management Personnel Allocation

According to the filing, key management personnel were among the recipients of the performance rights issued on 5 November 2026. Colin Lai, identified as a member of key management personnel, received 869,925 performance rights, with the securities registered directly in his name. The filing confirms that securities were issued to key management personnel as part of this notification. Terms of the employee incentive scheme are detailed in a document previously lodged with ASX, referenced within the filing covering pages 14 to 17 of that document.

Securities on Issue Following the Grant

Following the issue, PlaySide Studios disclosed its total securities on issue. Quoted ordinary fully paid shares stand at 452,459,732. Unquoted securities comprise options expiring 22 April 2030 exercisable at $0.2668 totalling 10,000,000, options expiring 16 November 2032 exercisable at $0.8917 totalling 5,000,000, ordinary fully paid restricted securities totalling 1,374,880, and performance rights under the PLYAD code totalling 12,426,513. The filing notes that the automatically generated figures in the securities-on-issue table may not reflect current issued capital if other forms are concurrently being processed by ASX.