Coast Entertainment Holdings Issues 3.18 Million Performance Rights Under Long Term Incentive Plan

Coast Entertainment Holdings Limited (ASX:CEH) has issued 3,184,630 unquoted performance rights under its Long Term Incentive Plan, with the securities issued on 28 August 2026 and disclosed to the market on 3 September 2026.

Key Points

• 3,184,630 performance rights (ASX security code: CEHAA) were issued on 28 August 2026 under the company’s Long Term Incentive Plan.
• Key management personnel Greg Yong received 1,167,452 of the performance rights, registered in his own name.
• The performance rights are unquoted and are not intended to be quoted on ASX.
• Following the issue, total unquoted performance rights on issue stand at 10,349,326, with 388,561,874 ordinary fully paid shares on issue.

Performance Rights Issue Details

Coast Entertainment Holdings disclosed the issue of 3,184,630 performance rights under the CEHAA security class, with an issue date of 28 August 2026. The securities were issued under the company’s Long Term Incentive Plan and are classified as other securities issued under an employee incentive scheme. The filing confirms the performance rights are not intended to be quoted on ASX and rank equally in all respects from their issue date with existing issued securities in the same class. The issue was made using the entity’s 15% placement capacity under ASX Listing Rule 7.1, with no securityholder approval obtained or being sought for this issuance.

Key Management Personnel Allocation

According to the filing, a portion of the performance rights were issued to key management personnel. Greg Yong received 1,167,452 performance rights, registered under his own name. The filing identifies Greg Yong as a key management personnel or associate in accordance with the disclosure requirements for employee incentive scheme securities. The terms of the Long Term Incentive Plan are detailed in section 1(c)(iv) of the company’s Remuneration Report, which forms part of the Annual Financial Report lodged with ASX on 21 August 2026.

Securities on Issue Following the Transaction

Following the issue of the 3,184,630 performance rights, Coast Entertainment Holdings’ total unquoted performance rights on issue stand at 10,349,326 under the CEHAA security class. The company’s quoted securities remain at 388,561,874 ordinary fully paid shares (ASX: CEH). The filing notes that the automatically generated figures in the securities on issue section may not reflect the entity’s current issued capital if other relevant forms are simultaneously being processed by ASX. No additional 10% placement capacity under Listing Rule 7.1A was used in connection with this issue.