Kip McGrath Education Centres LimitedASX: KME

ASX waiver granted for cancellation of performance rights

· Issued by Kip McGrath Education Centres Limited via ASX

Filed with ASX · · 1 page · English

Summary by 6ix AI

Kip Mcgrath Education Centres Limited has received a waiver from ASX Listing Rule regarding the cancellation of performance rights. The waiver allows the company to cancel unquoted performance rights without needing shareholder approval. This decision is linked to an off-market takeover bid by Crimson Consulting Australia Pty Ltd, which has gained significant voting power in the company. The cancellation terms include cash consideration for the performance rights, capped at a specified amount unless otherwise agreed.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

On 6ix: 6ix.com/news/asx-waiver-granted-for-cancellation-of-performance-rights

Release

WAIVER FROM ASX LISTING RULE 6.23.2 29 October 2026 Kip McGrath Education Centres Limited (ASX: KME) (KME) announces that ASX has granted KME a waiver from ASX Listing Rule 6.23.2 (ASX Waiver) in relation to the proposed cancellation for consideration of 381,819 unquoted performance rights issued...

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