ADHERIS HEALTH LIMITED
ASX:AHEHealth Care Equipment & ServicesToday’s holders own 85.5% of what they think they own, once every option and right converts.
Runway under 2 quarters; options/rights overhang 17% of shares; since relisting as AHE; prior history under MDR not included
ADHERIS HEALTH LIMITED's ordinary share count was 638M at July 2026, up 0.2% since January 2026, its latest share-count filing. The company has not raised capital through any cash placement, rights issue or share purchase plan in the past 24 months, and no proposed securities issues are currently pending. Options and rights on issue could convert into 108M new shares, equal to 17.0% of the current share count; none are in the money. The nearest expiry occurs in April 2028. The company has under 2 quarters of funding at the recent spend rate. Every figure above covers only the period since the company renamed and began trading as AHE in December 2025; history under its previous code is not included.
Quick answers · 2
How much cash does AHE have?
In its quarterly cash report for the quarter ended 30 Sept 2026, Adheris Health reported $5.1M of cash and estimated 1.1 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do AHE's options expire?
Unexercised options and rights equal 17% of Adheris Health's shares on issue; the nearest expiry is Apr 2028.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2AThe form a company lodges to have new securities quoted on the ASX. It restates how many of each class are on issue. quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 10 July 2026 | 3H · cancellation | AHE : ORDINARY FULLY PAID | 638.0M | Appendix 3H |
| 8 July 2026 | 2A · quoted issue | AHE : ORDINARY FULLY PAID | 638.0M | Appendix 2A |
| 10 Apr 2026 | 3H · cancellation | AHE : ORDINARY FULLY PAID | 637.1M | Appendix 3H |
| 10 Apr 2026 | 3G · unquoted | AHE : ORDINARY FULLY PAID | 637.1M | Appendix 3G |
| 10 Apr 2026 | 2A · quoted issue | AHE : ORDINARY FULLY PAID | 637.7M | Appendix 2A |
Securities on issue over time
Ordinary shares and every option and rights class, month by month over two years. The top edge is the fully diluted count.
Capital raises
Forward supply
Every dated event on record that could add securities to the register — option expiries to their stated dates and proposed issues over the next 18 months, on one timeline.
Placement capacity
How much stock a company can place without asking holders. Listing Rule 7.1 / 7.1ARule 7.1 lets a company issue up to 15% of its shares in 12 months without a shareholder vote. Rule 7.1A adds 10% for smaller companies whose holders approve it. allows 15% of ordinary securities in any 12 months, and every Appendix 3BNotice that a company proposes to issue new securities, such as a placement. The securities are not on issue until a later filing confirms it. states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
At $0.013 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 3× today’s price, which takes it to 60.0M (9.4% of shares).
- Priced supply in the money at the price on the axis — the curve, and the only thing on it. Ten prices, sampled: between two of them the true figure lies between the two.
- 37.9M (34.9% of the supply above) states no exercise price at all. It cannot be called in or out of the money at any price, which is why it is hatched rather than plotted.
- 10.5M more carries an exercise price above ten times today’s — off the right of this axis, and in every total on this page.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| AHEAAL | Options | Price-triggered | $0.20 | 30 Apr 2028 | 5.0M | Filing |
| AHEAY | Options | Price-triggered | $0.40 | 28 May 2028 | 659k | Filing |
| AHEAZ | Options | Price-triggered | $0.43 | 28 May 2028 | 608k | Filing |
| AHEAAA | Options | Price-triggered | $0.50 | 28 May 2028 | 1.1M | Filing |
| AHEAAB | Options | Price-triggered | $0.58 | 28 May 2028 | 1.2M | Filing |
| AHEAP | Options | Price-triggered | $0.70 | 30 Oct 2029 | 2.0M | Filing |
| AHEAB | Options | Price-triggered | $0.030 | 30 June 2035 | 60.0M | Filing |
| AHEAI | Options | Price-triggered, no exercise price stated | — | — | 37.9M | Filing |
“Nil” is a stated nil exercise price: nothing is paid to convert. An em dash means the filing names no exercise price at all. Security is read from the filing’s own class description; an em dash there means the description is not one this table labels. One row is one security class, at the number stated in the most recent quotation application that restated it — linked, and dated, in the last column. For what expires soon across other listed companies, see the options expiry calendar.
- AHEAWPrice-triggered140k securities → 09 Feb 2026 Appendix 2A
- AHEAXPrice-triggered75k securities → 09 Feb 2026 Appendix 2A
- AHEAADPrice-triggered200k securities → 015 Jan 2026 Appendix 2A
- AHEAAEPrice-triggered200k securities → 015 Jan 2026 Appendix 2A
- AHEAAFPrice-triggered200k securities → 015 Jan 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 1 Oct 2026 | Catherine (Kate) Jane Hill | Other off-market | 1.0M | 1.0M | — | — | 3Y notice |
| 1 Oct 2026 | John Ciccio | Other off-market | 2.9M | 30.0M | — | — | 3Y notice |
| 1 Oct 2026 | John Murray | Other off-market | 1.0M | — | — | — | 3Y notice |
| 1 Oct 2026 | Lucas Merrow | Other off-market | 2.9M | 1.3M | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.