Tetratherix Limited (ASX:TTX) has applied to the Australian Securities Exchange for the quotation of 55,236 fully paid ordinary shares, converted from performance rights under the company's employee incentive scheme, with an issue date of 2 November 2026.

Key Points

  • 55,236 ordinary fully paid shares applied for quotation, issued on 2 November 2026
  • Securities converted from performance rights (ASX code: TTXAG) under an employee incentive scheme
  • No cash consideration was received; estimated value per security is AUD $5.50
  • Following quotation, total quoted ordinary fully paid shares on issue will be 29,596,164
  • The issue was made under Listing Rule 7.2 exception 13, not requiring security holder approval

Employee Incentive Scheme Conversion Details

According to the filing lodged on 4 November 2026, the 55,236 ordinary fully paid shares were issued from the conversion of performance rights classified under ASX security code TTXAG. The securities were issued under Tetratherix Limited's employee incentive scheme and are not subject to a restriction on transfer, or are to be quoted notwithstanding any such restriction. The filing states the securities are not being issued to key management personnel or an associate of key management personnel. No cash consideration was received for the securities, with an estimated value of AUD $5.50 per security disclosed.

Issued Capital Following Quotation

Following the quotation of the 55,236 ordinary fully paid shares, Tetratherix Limited's total quoted ordinary fully paid securities on issue will stand at 29,596,164. In addition, the company's unquoted securities will comprise 23,570,766 ordinary fully paid restricted shares (ASX code: TTXAF) and 487,552 performance rights (ASX code: TTXAG). The filing notes these figures are automatically generated and may not reflect the entity's current issued capital if other forms are concurrently being processed by ASX.

Listing Rule Compliance and Ranking of Securities

The filing states the securities are being issued under exception 13 of ASX Listing Rule 7.2, meaning the issue does not require security holder approval under Listing Rule 7.1. The newly issued shares will rank equally in all respects from their issue date with the existing issued securities in the same class. The application was submitted as a new announcement dated 4 November 2026, with the underlying issue date recorded as 2 November 2026, and the issue had not previously been notified to ASX via an Appendix 3B.