DYNO NOBEL LIMITED.
ASX:DNLMaterialsToday’s holders own 98.3% of what they think they own, once every option and right converts.
1% of shares in the money; since relisting as DNL; prior history under IPL not included
DYNO NOBEL LIMITED. trades as DNL since March 2025 after a rename from IPL. No share-issuance (Appendix 2A) filings have been lodged since January 2024, meaning no ordinary share count change can be reported for the relevant period. The company has not raised capital in the past 24 months. Options and rights on issue could convert into 31M new shares, representing 1.7% of current shares outstanding, of which 1% are in the money at the current share price. The nearest expiry date for these options is November 2030. No quarterly cash report is on record, so no cash balance or funding-runway figure is available. 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 |
|---|---|---|---|---|
| 1 Sept 2026 | 3H · cancellation | DNL : ORDINARY FULLY PAID | 1.75B | Appendix 3H |
| 17 Aug 2026 | 3H · cancellation | DNL : ORDINARY FULLY PAID | 1.75B | Appendix 3H |
| 30 July 2026 | 3H · cancellation | DNL : ORDINARY FULLY PAID | 1.75B | Appendix 3H |
| 3 July 2026 | 3G · unquoted | DNL : ORDINARY FULLY PAID | 1.75B | Appendix 3G |
| 3 July 2026 | 3H · cancellation | DNL : ORDINARY FULLY PAID | 1.75B | Appendix 3H |
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-triggered16.4M · 0.9% of sharesOptions and warrants — they convert when the share price clears their exercise price.
- Condition-triggered14.2M · 0.8% 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: 16.4M priced (of which 16.4M in the money), 14.2M 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.
At $4.01 today, 16.4M securities are in the money (0.9% of shares on issue). No price up to ten times today’s switches on any more priced supply.
- 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.
- 14.2M (46.5% 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.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| DNLAA | Options | Price-triggered | $2.85 | 30 Nov 2030 | 16.4M | Filing |
| DNLAJ | Performance rights | Condition-triggered | — | — | 14.2M | 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.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 4 June 2026 | Bruce Brook | Other | 7k | 6k | — | — | 3Y notice |
| 4 June 2026 | Fiona Hick | Other | 7k | 6k | — | — | 3Y notice |
| 4 June 2026 | Gregory Robinson | Other | 29k | 24k | — | — | 3Y notice |
| 4 June 2026 | Tonianne Dwyer | Other | 7k | 6k | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.