BRAVURA SOLUTIONS LIMITED.
ASX:BVSSoftware & ServicesToday’s holders own 98.4% of what they think they own, once every option and right converts.
No issuance filings since 2024; no dilution pressure signals in current disclosures
BRAVURA SOLUTIONS LIMITED. has no share-issuance (Appendix 2A) filings on record in the 24-month window, and no new share-issuance (Appendix 2A) filings have been lodged since January 2024. The company has not raised capital in the past 24 months, and no proposed securities issues are pending. Options and rights on issue could convert into 7M new shares, equal to 1.6% of the current share count, with no reported expiry date; 0% are in the money. The company does not have a current quarterly cash report (Appendix 4C/5B) with a runway figure on record.
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 |
|---|---|---|---|---|
| 17 Aug 2026 | 3G · unquoted | BVS : ORDINARY FULLY PAID | 448.3M | Appendix 3G |
| 9 July 2026 | 3G · unquoted | BVS : ORDINARY FULLY PAID | 448.3M | Appendix 3G |
| 9 July 2026 | 3G · unquoted | ORDINARY FULLY PAID | 448.3M | Appendix 3G |
| 22 Apr 2026 | 3G · unquoted | BVS : ORDINARY FULLY PAID | 448.3M | Appendix 3G |
| 2 Apr 2026 | 3G · unquoted | BVS : ORDINARY FULLY PAID | 448.3M | 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-triggered6.2M · 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-triggered1.1M · 0.2% 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, 7.3M 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 7.3M 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 |
|---|---|---|---|---|---|---|
| BVSAM | Rights | Condition-triggered | — | — | 1.1M | Filing Meeting |
| BVSAF | Options | Price-triggered | — | — | 6.2M | 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.
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 |
|---|---|---|---|---|---|---|---|
| 20 Aug 2026 | Colin Greenhill | Other incentive | 56k | 1.6M | — | $177k | 3Y notice |
| 1 Apr 2026 | Russell Baskerville | Buy on-market | 25k | — | — | $52k | 3Y notice |
| 23 Feb 2026 | Shezad Okhai | Sell on-market | 139k | — | — | $262k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.