ARTICORE GROUP LIMITED
ASX:ATGConsumer Discretionary Distribution & RetailToday’s holders own 90.4% of what they think they own, once every option and right converts.
Options/rights overhang 11% of shares
ARTICORE GROUP LIMITED's ordinary share count increased by 3.9% between January 2024 and September 2026, reaching 294M shares. The company has not raised capital in the past 24 months and has no pending proposed securities issues. There are 31M options and rights on issue, representing 10.7% of the current shares outstanding, with none in the money at present. No expiry date for these securities is on record. The company has not lodged a current quarterly cash report, so no cash balance or funding runway figure is available on that basis.
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 |
|---|---|---|---|---|
| 7 Sept 2026 | 3G · unquoted | ORDINARY FULLY PAID | 293.7M | Appendix 3G |
| 3 Sept 2026 | 2A · quoted issue | ATG : ORDINARY FULLY PAID | 293.7M | Appendix 2A |
| 4 Aug 2026 | 3G · unquoted | ATG : ORDINARY FULLY PAID | 291.6M | Appendix 3G |
| 7 July 2026 | 3H · cancellation | ATG : ORDINARY FULLY PAID | 291.6M | Appendix 3H |
| 6 July 2026 | 3G · unquoted | ATG : ORDINARY FULLY PAID | 293.6M | Appendix 3G |
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 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
- Price-triggered4.0M · 1.4% of sharesOptions and warrants — they convert when the share price clears their exercise price.No exercise price is on record for any of it, so none of it can be called in or out of the money.
- Condition-triggered27.3M · 9.3% of sharesPerformance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.
Exercise price on record: 0 priced, 31.3M where the filing never states one. A security with no exercise price is never counted in the money — nothing is paid to convert it, so there is no price for it to be above.
Each figure is the filing’s own count of securities, not a share count — a 2A never states what one security converts into.
No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 31.3M 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 |
|---|---|---|---|---|---|---|
| ATGAA | Options | Price-triggered | — | — | 4.0M | Filing |
| ATGAB | — | Condition-triggered | — | — | 12.8M | Filing |
| ATGAJ | Rights | Condition-triggered | — | — | 14.5M | 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.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 2 Sept 2026 | Robin Mendelson | Other incentive | 45k | — | — | — | 3Y notice |
| 3 Aug 2026 | Robin Mendelson | Other incentive | 45k | — | — | — | 3Y notice |
| 1 July 2026 | Robin Mendelson | Buy incentive | 45k | — | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.