Equity changes at Elevra (NASDAQ: ELVR) as rights lapse and convert
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Elevra Limited is updating investors on recent changes to its share and incentive capital reported to the ASX and furnished on a Form 6-K. The company confirms that 49,990 ELVAM performance rights lapsed on 30 June 2026 because vesting conditions were not met. Separately, 200,524 ELVAM performance rights under an employee incentive scheme converted into ELV ordinary fully paid shares between 3 March 2026 and 30 June 2026 via a transfer of existing shares. After these changes, the ASX tables show 194,016,029 ELV ordinary shares on issue and a reduced pool of unquoted ELVAM performance rights alongside existing options.
Positive
- None.
Negative
- None.
Key Figures
Lapsed performance rights: 49,990 ELVAM rights
Converted performance rights: 200,524 ELVAM rights
Ordinary shares on issue: 194,016,029 shares
+5 more
8 metrics
Lapsed performance rights
49,990 ELVAM rights
Ceased 30 June 2026 as conditions not satisfied
Converted performance rights
200,524 ELVAM rights
Converted to ELV ordinary shares between 3 Mar and 30 Jun 2026
Ordinary shares on issue
194,016,029 shares
ELV ordinary fully paid as per ASX table
Performance rights remaining
2,507,642 ELVAM rights
Unquoted performance rights on issue per ASX table
Options ELVAB
56,678 options at $18.30
Expire 12 May 2029, unquoted options on issue
Options ELVAN
8,000,000 options at $4.80
Expire 31 December 2028, unquoted options on issue
First conversion date
3 March 2026
Earliest date ELVAM rights converted to ordinary shares
ABN registration number
26091951978
Registered number for Elevra Limited
Key Terms
Appendix 3H, Appendix 3G, performance rights, unquoted equity securities, +2 more
6 terms
Appendix 3H regulatory
"Appendix 3H – Notification of cessation of securities, filed by the Registrant"
Appendix 3G regulatory
"Appendix 3G – Notification of issue, conversion or payment up of unquoted equity securities"
performance rights financial
"ELVAM PERFORMANCE RIGHTS Unquoted +equity securities that have ceased"
Performance rights are conditional awards that give employees or executives the promise of receiving company shares or cash only if the business meets specific targets or survives for a set period. They work like a bonus you only get when certain goals are hit, so they matter to investors because they can increase the number of shares outstanding (dilution), signal management’s incentives and confidence in future results, and affect per-share earnings and valuation.
unquoted equity securities financial
"Notification of issue, conversion or payment up of unquoted equity securities"
employee incentive scheme financial
"Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? Yes"
key management personnel financial
"Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate?"
FAQ
What did Elevra Limited (ELVR) disclose in this Form 6-K?
Elevra Limited furnished ASX Appendix 3H and 3G notices detailing recent equity capital changes. These include lapsed performance rights and the conversion of other rights into ordinary shares under an employee incentive scheme.
How many Elevra ELVAM performance rights lapsed on 30 June 2026?
A total of 49,990 ELVAM performance rights lapsed on 30 June 2026. The lapse occurred because the conditional rights’ performance or vesting conditions were not met or had become incapable of being satisfied.
Were the converted Elevra performance rights part of an employee incentive scheme?
Yes, the company states the ELVAM performance rights being converted were issued under an employee incentive scheme. None of the options or other convertible securities involved were held by key management personnel or their associates.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of July 2026
Commission File Number 001-42819
ELEVRA LITHIUM LIMITED
(Translation of registrant’s name into English)
Level 3,
10 Eagle Street
Brisbane, Queensland 4000
Australia
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
| Form 20-F ☒ | Form 40-F ☐ |
Elevra Lithium Limited (the “Registrant”) is filing the following exhibits on this Report on Form 6-K, each of which is hereby incorporated by reference:
Exhibit
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No.
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Description
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99.1
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Appendix 3H – Notification of cessation of securities, filed by the Registrant with the Australian Securities Exchange on July 3, 2026.
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99.2
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Appendix 3G – Notification of issue, conversion or payment up of unquoted equity securities, filed by the Registrant with the Australian Securities Exchange on July 6, 2026.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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ELEVRA LITHIUM LIMITED
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Date: July 6, 2026
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By:
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/s/ Dylan Roberts
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| Name: Dylan Roberts | |||
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Title: Company Secretary and General Counsel
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Exhibit 99.1
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Appendix 3H - Notification of cessation of securities
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| Announcement Summary |
Entity name
ELEVRA LITHIUM LIMITED
Announcement Type
New announcement
Date of this announcement
Friday July 03, 2026
Details of +securities that have ceased
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ASX +security
code
|
Security description |
Number of
+securities that
have ceased
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The +securities have
ceased due to
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Date of
cessation
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||
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||
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ELVAM | PERFORMANCE RIGHTS | 49,990 | Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied | 30/06/2026 | ||
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Refer to next page for full details of the announcement
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Appendix 3H - Notification of cessation of securities
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| Part 1 - Announcement Details |
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| 1.1 |
Name of +Entity
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ELEVRA LITHIUM LIMITED
We (the entity named above) provide the following information about our issued capital.
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1.2 Registered Number Type
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Registration Number |
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ABN
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26091951978 |
| 1.3 |
ASX issuer code
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ELV
| 1.4 |
The announcement is
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New announcement
| 1.5 |
Date of this announcement
|
3/7/2026
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Appendix 3H - Notification of cessation of securities
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| Part 2 - Details of +equity securities or +debt securities that have ceased |
|
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ASX +Security Code and Description
ELVAM : PERFORMANCE RIGHTS
Unquoted +equity securities that have ceased
Number of securities that have ceased
49,990
Reason for cessation
Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied
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Date of cessation
|
Is the entity paying any consideration for the cessation? |
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30/6/2026
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No |
Any other information the entity wishes to notify to ASX about the cessation?
| Lapse of 49,990 unlisted performance rights pursuant to the terms of the Company's Equity Incentive Plan. |
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Appendix 3H - Notification of cessation of securities
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Part 3 - Issued capital following changes
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Following the cessation of the +securities the subject of this notification, the issued capital of the entity will comprise:
The figures in parts 3.1 and 3.2 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.
| 3.1 |
Quoted +equity securities and +debt securities (total number of each +class of +securities quoted on ASX)
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ASX +security code and description
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Total number of
+securities on issue
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ELV : ORDINARY FULLY PAID
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194,016,029 |
| 3.2 |
Unquoted +equity securities (total number of each +class of +equity securities issued but not quoted on ASX)
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ASX +security code and description
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Total number of
+securities on issue
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ELVAM : PERFORMANCE RIGHTS
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2,658,176 |
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ELVAB : OPTION EXPIRING 12-MAY-2029 EX $18.30
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56,678 |
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ELVAN : OPTION EXPIRING 31-DEC-2028 EX $4.80
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8,000,000 |
Note: the figures stated in the tables above are used to calculate the total market capitalisation of the entity published by ASX from time to time. The table will not include those classes of +securities that have
ceased or lapsed in their entirety in ASX records before the announcement date described in Q1.5, even if the entity has advised ASX of a change to that class of +security in Part 2 of this form.
Exhibit 99.2
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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
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Announcement Summary
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Entity name
ELEVRA LITHIUM LIMITED
Date of this announcement
Monday July 06, 2026
The +securities the subject of this notification are:
Unquoted options that have been exercised or other unquoted +convertible securities that have been converted
Total number of +securities to be issued/transferred
|
|
ASX +security code
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Security description
|
Total number of
+securities to be
issued/transferred
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Issue date
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ELV |
ORDINARY FULLY PAID |
200,524 |
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30/06/2026 |
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Refer to next page for full details of the announcement
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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
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Part 1 - Entity and announcement details
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| 1.1 |
Name of entity
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ELEVRA LITHIUM LIMITED
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 |
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|
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ABN
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26091951978 |
| 1.3 |
ASX issuer code
|
ELV
| 1.4 |
The announcement is
|
New announcement
| 1.5 |
Date of this announcement
|
6/7/2026
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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
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| Part 2 - Issue details |
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| 2.1 |
The +securities the subject of this notification are:
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Unquoted options that have been exercised or other unquoted +convertible securities that have been converted
2.2b The +securities being issued, transferred or re-classified as a result of the options being exercised or other +convertible securities being converted are:
securities that have already been quoted on ASX ("existing class")
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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
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| 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 |
The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by:
A transfer of existing +securities
The underlying securities being received by the holder are:
Already quoted by ASX
Existing +securities converting into an existing class
FROM (Existing Class)
ASX +Security code and description
ELVAM : PERFORMANCE RIGHTS
TO (Existing Class)
ASX +Security code and description
ELV : ORDINARY FULLY PAID
|
Please state the number of options
that were exercised or other
+convertible securities that were
converted
|
The first date the options were
exercised or other +convertible
securities were converted
|
The last date the options were
exercised or other +convertible
securities were converted
|
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200,524
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3/3/2026
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30/6/2026
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Is this all of the options or other +convertible securities on issue of that type?
No
Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme?
Yes
Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate?
No
Date the +securities the subject of this notification were issued/transferred
30/6/2026
Any other information the entity wishes to provide about the +securities the subject of this notification
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Exercise of unlisted Performance Rights under the Elevra Lithium Limited Equity Incentive Plan. Further information regarding the terms of the unlisted Performance Rights can be found in Elevra Lithium Limited's Annual Report published on its website at: www.elevra.com |
Issue details
Number of +securities
200,524
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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
|
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Part 4 - +Securities on issue
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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
|
|
|
|
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ELV : ORDINARY FULLY PAID
|
194,016,029 |
| 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
|
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ELVAM : PERFORMANCE RIGHTS
|
2,507,642 |
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ELVAB : OPTION EXPIRING 12-MAY-2029 EX $18.30
|
56,678 |
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ELVAN : OPTION EXPIRING 31-DEC-2028 EX $4.80
|
8,000,000 |