REA Group Ltd
has allocated 6,461 unquoted performance rights to a key management personnel member as part of its Long Term Incentive Plan 2029, as revealed in an ASX filing dated 17 September 2026.
Key Highlights
- On 16 September 2026, 6,461 performance rights (security code: REAAA) were issued to Andrew Cramer
- These securities were granted under REA Group's Long Term Incentive Plan 2029 and are not intended for ASX quotation
- Each performance right grants the holder entitlement to one fully paid REA Group Ltd share, contingent on meeting performance criteria
- Post-issuance, total unquoted performance rights stand at 188,142, while quoted ordinary fully paid shares amount to 130,859,812
Details of Performance Rights Allocation to Andrew Cramer
The ASX filing details that on 16 September 2026, REA Group Ltd issued 6,461 performance rights to Andrew Cramer, a key management personnel member. These rights are registered under his name and were issued under Listing Rule 7.2 exception 15, exempting the need for security holder approval under Listing Rule 7.1. The performance rights bear the ASX security code REAAA and hold equal ranking with existing securities in the same class f...