DATAWORKS GROUP LIMITED
ASX:DWGSoftware & ServicesToday’s holders own 89.2% of what they think they own, once every option and right converts.
Share count grew 29% in 24 months; 1 cash raise in 24 months; options/rights overhang 12% of shares; since relisting as DWG; prior history under IXU not included
Between April 2025 and October 2026, DATAWORKS GROUP LIMITED's ordinary share count rose 28.6% to 131M shares, adjusted for a 1-for-20 share consolidation in March 2025. The company raised A$4.2M in total in the past 24 months, all from a Placement and Entitlement Offer in September 2026. Options and rights could add 16M new shares (12.1% overhang); none are in the money, and the nearest expiry is May 2027. The latest quarterly cash report (June 2026) shows non-negative net cash flow, so no funding-runway figure applies. Two proposed securities issues (Appendix 3B) are pending, with an expected issue date in December 2026.
Quick answers · 3
Is DWG raising capital?
Dataworks Group has 2 proposed issues of securities pending under Appendix 3B as at 28 Oct 2026; the most recent raise announced is Placement and Entitlement Offer of $4.2M on 15 Sept 2026.
How much placement capacity does DWG have left?
About 5% of the 15% placement capacity left, about 95% used in 12 months (estimate). Under ASX Listing Rule 7.1 a company may place up to 15% of its shares in 12 months without shareholder approval.
When do DWG's options expire?
Unexercised options and rights equal 12.1% of Dataworks Group's shares on issue; the nearest expiry is May 2027.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2AThe form a company lodges to have new securities quoted on the ASX. It restates how many of each class are on issue. quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 16 Oct 2026 | 2A · quoted issue | DWG : ORDINARY FULLY PAID | 131.5M | Appendix 2A |
| 16 Oct 2026 | 3G · unquoted | DWG : ORDINARY FULLY PAID | 128.1M | Appendix 3G |
| 25 Sept 2026 | 2A · quoted issue | DWG : ORDINARY FULLY PAID | 128.1M | Appendix 2A |
| 18 Sept 2026 | 3H · cancellation | DWG : ORDINARY FULLY PAID | 103.1M | Appendix 3H |
| 30 June 2026 | 3H · cancellation | DWG : ORDINARY FULLY PAID | 103.1M | Appendix 3H |
Securities on issue over time
Ordinary shares and every option and rights class, month by month over two years. The top edge is the fully diluted count.
Capital raises
1 cash raise in the last 24 months · 1 in the last 12 months · counted since relisting as DWG (17 Mar 2025); prior history under IXU is not included
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 / 7.1ARule 7.1 lets a company issue up to 15% of its shares in 12 months without a shareholder vote. Rule 7.1A adds 10% for smaller companies whose holders approve it. allows 15% of ordinary securities in any 12 months, and every Appendix 3BNotice that a company proposes to issue new securities, such as a placement. The securities are not on issue until a later filing confirms it. states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
- Price-triggered13.4M · 10.2% of sharesOptions and warrants — they convert when the share price clears their exercise price.At least 1.7M of it states no exercise price — that much cannot be called in or out of the money.
- Condition-triggered2.5M · 1.9% 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: 11.7M priced, 4.2M 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 $0.12 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 10× today’s price, which takes it to 11.7M (8.9% of shares).
- 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.
- 4.2M (26.5% 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 |
|---|---|---|---|---|---|---|
| DWGAW | Options | Price-triggered | $0.60 | 31 May 2027 | 7.9M | Filing |
| DWGAY | Options | Price-triggered | $0.60 | 13 Nov 2027 | 2.0M | Filing |
| DWGAAB | Options | Price-triggered, no exercise price stated | — | 31 Dec 2027 | 1.7M | Filing |
| DWGAA | Options | Price-triggered | $0.60 | 18 Mar 2028 | 1.8M | Filing |
| DWGAF | Performance rights | Condition-triggered | — | — | 2.5M | 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. For what expires soon across other listed companies, see the options expiry calendar.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 16 Oct 2026 | Ian Penrose | Other entitlement/SPP | 119k | — | — | $5k | 3Y notice |
| 16 Oct 2026 | Julian Babarczy | Other entitlement/SPP | — | — | — | $19k | 3Y notice |
| 16 Oct 2026 | Julian Babarczy | Other entitlement/SPP | 161k | 336k | — | $797 | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.