Recent Updates
Recently added Catalysts
IMRN Positive Sentiment

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Announcement Summary Entity name IMMURON LIMITED Date of this announcement Friday

Key Takeaway: Immuron Limited has announced the issuance of 2,147,154 performance rights as part of an employee incentive scheme, which are not intended to be quoted on the ASX. This issuance follows the company's existing class of securities under the IMCAE code and will vest upon meeting certain fiscal objectives. The enterprise has clarified that no security holder approval was necessary for this issuance, streamlining their operational processes.
Price reaction · baseline $1.82 (2025-08-14 close) · hit after-hours · clean, no other IMRN news in the window
day 0 close
-0.5%

Market Sentiment Analysis

POSITIVE FACTORS

  • The announcement details the issuance of 2,147,154 performance rights under an employee incentive scheme.
  • Performance rights will vest and become exercisable based on the achievement of FY25 STI objectives, indicating potential growth.
  • No immediate security holder approval was needed for the issuance, simplifying the process for the company.

Full Press Release Details

Date of this announcement
Friday August 15, 2025
The +securities the subject of this
+Other securities issued under an +employee incentive scheme that are
not intended to be quoted on ASX
Total number of +securities to be issued/transferred
ASX +security code Security description Total number of +securities to be issued/transferred Issue date
IMCAE PERFORMANCE RIGHTS 2,147,154 16/08/2025
Refer to next page for full details of the announcement
Part 1 - Entity and announcement
We (the entity named above) give notice of the issue, conversion or
payment up of the following unquoted +securities.
1.2 Registered number type Registration number
ABN 80063114045
1.4 The announcement is
1.5 Date of this announcement
Part 2 - Issue details
2.1 The +securities the subject of this notification are:
+Other securities issued under an +employee incentive scheme that are
not intended to be quoted on ASX
This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:
has an existing ASX security
code ("existing class")
Part 3B - number and type of +securities the subject of this notification
(existing class) where issue has not previously been notified to ASX in an Appendix 3B
ASX +security code and description
IMCAE : PERFORMANCE RIGHTS
Date the +securities the subject of this notification
Will these +securities rank equally in all respects
from their issue date with the existing issued +securities in that class
Were any of the +securities issued to +key management
personnel (KMP) or an +associate?
Provide details of the KMP or +associates being issued
Name of KMP Name of registered holder Number of +securities
Mr Steven Lydeamore Mr Steven Lydeamore 1,190,835
Mr Flavio Palumbo Mr Flavio Palumbo 896,438
Please provide a URL link for a document lodged
with ASX detailing the terms of the +employee incentive scheme or a summary of the terms
As per the Omibus Incentive
Plan approved by Shareholder in the AGM held on 21 November 2023: https://announcements.asx.com.au/asxpdf/20231023/pdf/05wcgmks418ynx.pdf
Any other information the entity wishes to provide
about the +securities the subject of this notification
The Performance Rights will vest and become exercisable
on the Issue Date subject to vesting conditions have been satisfied in achievement of FY25 STI objectives.
Number of +securities
Part 4 - +Securities on issue
Following the issue, conversion or payment up of
the +securities the subject of this notification, the +securities of the entity will comprise:
The figures in parts
4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G
or Appendix 3H forms are currently with ASX for processing.
4.1 Quoted +securities (Total
number of each +class of +securities issued and quoted on ASX)
ASX +security code and description Total number of +securities on issue
IMC : ORDINARY FULLY PAID 268,219,973
4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX)
ASX +security code and description Total number of +securities on issue
IMCAE : PERFORMANCE RIGHTS 7,610,315
IMCAI : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES 5,930,000
Part 5 - Other Listing Rule requirements
the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under
5.1a Select the number of the applicable
exception in Listing Rule 7.2

Frequently Asked Questions

What are the performance rights issued?

2,147,154 performance rights under IMCAE will be issued.

Who are the key management personnel receiving rights?

Mr. Steven Lydeamore and Mr. Flavio Palumbo receive the performance rights.

When will the performance rights become exercisable?

The performance rights will vest on the issue date, subject to conditions.

Are these securities quoted on the ASX?

No, the performance rights are unquoted securities.

What plan governs the incentive scheme?

The Omnibus Incentive Plan approved at the AGM on November 21, 2023.

Last updated: Aug 15, 2025