CHANGE FINANCIAL LIMITED
ASX:CCAFinancial ServicesToday’s holders own 94.4% of what they think they own, once every option and right converts.
1 cash raise in 24 months; options/rights overhang 6% of shares
CHANGE FINANCIAL LIMITED's ordinary share count was 690M as of September 2025, an increase of 2.4% from September 2024. In the past 24 months, the company conducted one capital raise, a A$939K Share Purchase Plan in September 2024. Options and rights on issue could convert into 41M new shares, representing 5.9% of the current share count, with none in the money at the current share price. No expiry date for these securities has been filed on record. As of the June 2026 quarter, the company reported A$4.8M in available cash. No funding runway figure is provided as the latest quarter reported non-negative net cash flow. 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 |
|---|---|---|---|---|
| 21 Nov 2025 | 3G · unquoted | ORDINARY FULLY PAID | 690.5M | Appendix 3G |
| 12 Oct 2025 | 3H · cancellation | CCA : ORDINARY FULLY PAID | 690.5M | Appendix 3H |
| 30 Sept 2025 | 3H · cancellation | CCA : ORDINARY FULLY PAID | 690.5M | Appendix 3H |
| 8 Sept 2025 | 2A · quoted issue | CCA : ORDINARY FULLY PAID | 690.5M | Appendix 2A |
| 4 July 2025 | 3H · cancellation | CCA : ORDINARY FULLY PAID | 686.9M | Appendix 3H |
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 40.9M 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 |
|---|---|---|---|---|---|---|
| CCAAG | Rights | Condition-triggered | — | — | 40.9M | 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.
- CCAACPrice-triggered500k securities → 012 Oct 2025 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 31 Aug 2026 | Thomas Russell | Buy on-market | 500k | — | — | $23k | 3Y notice |
| 17 Mar 2026 | Geoffrey Sam | Buy on-market | 714k | — | — | $50k | 3Y notice |
| 17 Mar 2026 | Ian Leijer | Buy on-market | 714k | — | — | $50k | 3Y notice |
| 17 Mar 2026 | Michael Giles | Sell on-market | — | — | — | $9.6M | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.