AUSTAL LIMITED
ASX:ASBCapital GoodsToday’s holders own 98.7% of what they think they own, once every option and right converts.
Share count grew 16% in 24 months; 1 cash raise in 24 months
AUSTAL LIMITED's ordinary share count grew 16.4% between July 2024 and July 2026, reaching 422M shares. In the past 24 months, the company undertook one capital raise totalling A$220.0M, most recently a Placement, Security Purchase Plan in March 2025. Options and rights on issue could convert into 5M new shares, representing 1.3% of the current share count; no expiry date for these securities is on record, and none are currently in the money. A quarterly cash report providing a funding-runway figure is not currently on record. No proposed securities issues are pending.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 6 July 2026 | 2A · quoted issue | ASB : ORDINARY FULLY PAID | 422.1M | Appendix 2A |
| 1 Oct 2025 | 2A · quoted issue | ASB : ORDINARY FULLY PAID | 422.1M | Appendix 2A |
| 8 Apr 2025 | 2A · quoted issue | ASB : ORDINARY FULLY PAID | 421.2M | Appendix 2A |
| 14 Mar 2025 | 2A · quoted issue | ASB : ORDINARY FULLY PAID | 415.9M | Appendix 2A |
| 17 Nov 2024 | 2A · quoted issue | ASB : ORDINARY FULLY PAID | 363.3M | Appendix 2A |
Capital raises
1 cash raise in the last 24 months · 0 in the last 12 months
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 allows 15% of ordinary securities in any 12 months, and every Appendix 3B states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 5.5M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| ASBAB | Rights | Condition-triggered | — | — | 66k | Filing Meeting |
| ASBAA | Performance rights | Condition-triggered | — | — | 5.4M | Filing Meeting |
“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.
A condition-triggered class has no exercise price and usually no expiry: what it vests on is set by a shareholder resolution, not by the register. Where the company lodged a notice of meeting before the class first appears here, it is linked as “Meeting” — that is where terms of this kind are put to shareholders. It is not confirmation that the document sets this class’s conditions, and no link appears where there is no such filing.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 2 July 2026 | BRENT CUBIS | Other | — | — | 5k | — | 3Y notice |
| 2 July 2026 | KATHRYN TOOHEY | Other | — | — | 5k | — | 3Y notice |
| 2 July 2026 | LEE GODDARD | Other | — | — | 5k | — | 3Y notice |
| 2 July 2026 | RICHARD GIBB | Other | — | — | 4k | — | 3Y notice |
| 2 July 2026 | SUSAN MURPHY | Other | — | — | 4k | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.