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NEXTED GROUP LIMITED — Share Issue/Capital Change 2025
May 26, 2025
65463_rns_2025-05-26_5078b923-6396-4f38-9fa4-b3ec5a5e81b6.pdf
Share Issue/Capital Change
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ASX RELEASE
27 May 2025
Cleansing Notice under Section 708(5)(e) of the Corporations Act
NextEd Group Limited (ASX:NXD) ( Company ) advises that it has issued 1,000,000 ordinary shares in the Company to a related party nominee of the Chief Executive Officer, Mark Kehoe, following the vesting of 1,000,000 performance rights granted to Mr Kehoe as part of his remuneration as detailed in the announcement lodged with the ASX on 18 October 2024.
Details of the issue
Details of the issue are provided below:
| Details of the issue are provided below: | |
|---|---|
| Class of securities issued: | Fully Paid Ordinary Shares |
| ASX Code of securities: | NXD |
| Date of issue: | 26 May 2025 |
| Total number of securities issued: | 1,000,000 Fully Paid Ordinary Shares |
| Price per security: | Nil – issued on vesting of performance rights. |
Notice under Section 708A(5)(e) of the Corporations Act
For the purposes of section 708A(6) of the Corporations Act 2001 (Cth) ( Act ), the Company gives notice that:
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(a) the Company issued the shares without disclosure to investors under Part 6D.2 of the Act;
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(b) this notice is given under section 708A(5)(e) of the Act;
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(c) as at the date of this notice, the Company has complied with:
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(i) the provisions of Chapter 2M of the Act as they apply to the Company; and
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(ii) sections 674 and 674A of the Act; and
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(d) as at the date of this notice, there is no other information that is excluded information of the type referred to in section s708A(7) and 708A(8) of the Act which is required to be disclosed pursuant to section 708A(6)(e).
This announcement has been approved for release by the Board of NextEd Group Limited.
For further information Lisa Jones Company Secretary [email protected]
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Head Office Address: 7 Kelly Street, Ultimo, NSW 2007
Phone: 02 8355 3820
ABN: 75 105 012 066
nexted.com.au