Corporate ActionJun 30, 2026, 06:07 AM
NOVONIX: 5.78M Performance Rights Cease Due to Lapse
AI Summary
NOVONIX Ltd announced the cessation of 5,781,507 performance rights (ASX code NVXAD) on June 30, 2026. These rights lapsed because the conditional requirements were not met or became incapable of being satisfied, primarily due to the cessation of employment. The company did not pay any consideration for this cessation, resulting in 21,619,875 performance rights remaining unquoted.
Key Highlights
- 5,781,507 performance rights (ASX: NVXAD) ceased.
- Cessation occurred on June 30, 2026.
- Rights lapsed because conditional requirements were not met or became incapable of being satisfied.
- Forfeiture was due to cessation of employment.
- NOVONIX did not pay any consideration for the cessation.
- Remaining unquoted performance rights total 21,619,875.
Price Impact
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