RemSense Technologies Limited (ASX:REM) has disclosed a change in the relevant interests of director John Clegg, following the expiry of 1,481,481 unlisted options on 9 November 2026, with no consideration received for the lapsed securities.

Key Points

  • Director John Clegg's 1,481,481 unlisted options with an exercise price of $0.04, expiring 9 November 2026, lapsed with nil consideration.
  • The nature of the change was recorded as expiry of options, not an on-market or off-market trade.
  • Following the change, Clegg holds direct interests of 6,287,962 fully paid ordinary shares, 3,000,000 options expiring 31 March 2029 at $0.04, and 5,000,000 options expiring 30 November 2029 at $0.038.
  • Clegg's indirect interest of 4,313,786 fully paid ordinary shares, held via Omnivest Pty Ltd ATF The Clegg Superannuation Fund, was unchanged.

Expiry of Unlisted Options on 9 November 2026

According to the filing, the change to John Clegg's director interests occurred on 9 November 2026 as a result of the expiry of 1,481,481 unlisted options carrying an exercise price of $0.04. The filing records the value and consideration received for these lapsed options as nil. No securities were acquired in connection with this change. The previous notice of interest for John Clegg was dated 8 October 2025. The change was classified as a direct interest, and Part 2 relating to changes in director interests in contracts was recorded as not applicable.

Director's Securities Holdings After the Change

Following the expiry of the options, the filing states that John Clegg's direct holdings consist of 6,287,962 fully paid ordinary shares, 3,000,000 options expiring 31 March 2029 with an exercise price of $0.04, and 5,000,000 options expiring 30 November 2029 with an exercise price of $0.038. His indirect interest, held through Omnivest Pty Ltd as trustee for The Clegg Superannuation Fund, in which Clegg is a beneficiary, remains at 4,313,786 fully paid ordinary shares, unchanged from before the notification date.

Closed Period and Regulatory Disclosure

The filing discloses that the interests in securities detailed in the notice were not traded during a closed period requiring prior written clearance, with all relevant fields in Part 3 of the form recorded as not applicable. The notice was submitted by RemSense Technologies Limited to ASX under listing rule 3.19A.2 and as agent for the director under section 205G of the Corporations Act. RemSense Technologies Limited holds ACN 648 834 771. The filing contains no disclosure relating to any change in contractual interests held by the director.