Companies / DVP

DEVELOP GLOBAL LIMITED

ASX:DVPMaterials

330.0M shares on issueASX (delayed) · as of 28 July 2026$5.62price · delayed$1.77Bmarket cap · indicative

Dilution grade

Share count grew 28% in 24 months; 3 cash raises in 24 months; proposed issue pending

Cash runway10.7 quarters of funding

Share-count growth (24m)27.9%

Raise cadence (24m)3 cash raises

Options & rights overhang3.9% of shares

In-the-money supply0.0% of shares

Pending proposed issuesopen proposed issue (Appendix 3B)

DEVELOP GLOBAL LIMITED's ordinary share count rose 27.9% between June 2024 and November 2025, to 330M shares. The company completed three capital raises in the 24‑month window for total proceeds of A$199.1M, the most recent raising A$180.0M in June 2025. Options and rights could convert into 13M new shares, equal to 3.9% of the current share count, with 0% in the money and the nearest expiry in December 2026. At the June 2026 quarter the company reported A$138.3M in cash, covering 10.7 quarters at its recent burn rate. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026

3.9%

Max option dilution

0.0%

ITM option dilution

Raises · last 12 months

10.7 qtrs

Cash cover · over 4 quarters

Shares on issue — last 2 years

Ordinary shares on issue

Weekly counts from ASX records. Dots mark cash capital raises. Latest count 330.0M per ASX (delayed) (28 July 2026).

Cash runway

—

Cover not computed for the latest quarter.

$138.3M available cash at quarter ended 30 June 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds.

Paid plan

Cash runway history

Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 30 June 2026.

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Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

Date	Form	Security	Total on issue after	Source
8 July 2026	3H · cancellation	DVP : ORDINARY FULLY PAID	330.0M	Appendix 3H
1 July 2026	3G · unquoted	DVP : ORDINARY FULLY PAID	330.0M	Appendix 3G
24 June 2026	3G · unquoted	DVP : ORDINARY FULLY PAID	330.0M	Appendix 3G
17 June 2026	3G · unquoted	DVP : ORDINARY FULLY PAID	330.0M	Appendix 3G
19 Mar 2026	3G · unquoted	DVP : ORDINARY FULLY PAID	330.0M	Appendix 3G

Paid plan

Full issuance history

Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).

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Capital raises

3 cash raises in the last 24 months · 0 in the last 12 months

$180.0M

Capital raise

23 June 2025

Paid plan

Full raise history

Issue price, discount, brokers, purpose and tranche detail for every raise on record.

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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

3.9%

Total overhang · of current shares

0.0%

In the money · at current price

12.8M

Potential new shares

Dec 2026

Nearest expiry

Paid plan

Per-line options & expiry cliffs

Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.

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Director dealings

Date	Director	Type	Shares	Options	Value	Source
19 June 2026	Michael Gerrard Blakiston	Other	49k	—	—	3Y notice
17 June 2026	Duncan Bradford	Buy	35k	—	$265k	3Y notice
15 June 2026	Michael Gerrard Blakiston	Sell	—	—	—	3Y notice