Vulcan Steel corrects administrative oversight, lodges late documents

Vulcan Steel has announced the late lodgement of an Appendix 3G and the filing of an Appendix 2A.

The company said it had identified an administrative oversight, which resulted in the failure to lodge the Appendix 3G for the financial years ended June 2022, June 2023, and June 2024.

Vulcan has since lodged the Appendix 3G with the ASX, covering the grants of performance share rights for FY23 and FY24.

The company clarified that the Appendix 3G does not include references to the FY22 performance share rights, as they have either vested or lapsed.

Vulcan also confirmed the issuance of 376,820 ordinary shares to its executive key management on September 25, 2024, after the vesting of a portion of their FY22 performance share rights.

The company said it has taken steps to prevent the late lodgement of an Appendix 3G from happening again.