StockWatch
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Industrial Machinery/Components
ESOPJul 2, 2026, 05:36 PM

NOVONIX Issues 34,824 Shares from Performance Rights Conversion

AI Summary

NOVONIX Ltd announced the application for quotation of 34,824 new ordinary fully paid shares. These shares are being issued as a result of the conversion of 54,480 performance rights, which were part of an employee incentive scheme. The conversion took place on July 2, 2026, with the shares expected to be issued on July 3, 2026. Following this quotation, the total number of ordinary fully paid shares on issue will be 991,596,744.

Key Highlights

  • NOVONIX to quote 34,824 new ordinary fully paid shares.
  • Shares issued from the conversion of 54,480 performance rights.
  • Conversion occurred on July 2, 2026, with issue date July 3, 2026.
  • The performance rights were issued under an employee incentive scheme.
  • Estimated value of consideration per security is AUD 0.155.
  • Total ordinary fully paid shares after quotation will be 991,596,744.