v3.25.2
Share capital
6 Months Ended
Jun. 30, 2025
Share capital  
Share capital

17.Share capital

Issue of ordinary shares

During the period ended 30 June 2025, MAC redeemed a total of 88,040 restricted stock units (“RSU”) held by senior management of the Company under the Long - Term Incentive Plan and issued equivalent ordinary shares thereagainst.

During the comparative period ended 30 June 2024:

On 20 February 2024, MAC issued 19,117,648 Chess Depositary Interests (“CDIs”) via the successful IPO on the ASX, at a price of AU$17.00 per CDI, for aggregate gross proceeds of approximately AU$325,000 thousand (US$211,708 thousand) and incurred shares issuance costs of US$6,912 thousand.
On 10 June 2024, MAC redeemed all of its Public Warrants and Private Placement Warrants and issued 4,701,071 ordinary shares thereagainst (refer to Note 15).
On 14 June 2024, MAC redeemed 17,284 DSUs held by non-employee directors of the Company under the Non-Employee DSU Plan and issued equivalent ordinary shares thereagainst.