EMPEROR ENERGY LIMITED
ASX:EMPEnergyToday’s holders own 93.8% of what they think they own, once every option and right converts.
Share count grew 160% in 24 months; 2 cash raises in 24 months; options/rights overhang 7% of shares
EMPEROR ENERGY LIMITED's ordinary share count grew 159.5% between August 2024 and July 2026, reaching 1.01B shares. In the past 24 months, the company completed two capital raises totalling A$21.2M, with the most recent being a A$17.5M placement in March 2026. There are options on issue that could convert into 66M new shares, representing 6.6% of the current share count, with 2% in the money and the nearest expiry in November 2027. As of June 2026, EMPEROR ENERGY LIMITED held A$16.9M in cash, covering approximately 9.9 quarters of operations. 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 |
|---|---|---|---|---|
| 22 July 2026 | 2A · quoted issue | EMP : ORDINARY FULLY PAID | 1.01B | Appendix 2A |
| 22 July 2026 | 3G · unquoted | EMP : ORDINARY FULLY PAID | 976.3M | Appendix 3G |
| 19 Mar 2026 | 2A · quoted issue | EMP : ORDINARY FULLY PAID | 976.3M | Appendix 2A |
| 2 Dec 2025 | 3G · unquoted | EMP : ORDINARY FULLY PAID | 830.4M | Appendix 3G |
| 2 Dec 2025 | 3G · unquoted | EMP : ORDINARY FULLY PAID | 830.4M | Appendix 3G |
Capital raises
2 cash raises in the last 24 months · 1 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
At $0.090 today, 15.0M securities are in the money (1.5% of shares on issue). No more priced supply until 1.25× today’s price, which takes it to 59.5M (5.9% 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.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| EMPAB | Options | Price-triggered | $0.015 | 11 Nov 2027 | 15.0M | Filing |
| EMPAC | Options | Price-triggered | $0.11 | 1 Dec 2028 | 34.5M | Filing |
| EMPAL | Options | Price-triggered | $0.20 | 1 Dec 2028 | 7.0M | Filing |
| — | Options | Price-triggered | $0.11 | 21 July 2029 | 10.0M | 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 |
|---|---|---|---|---|---|---|---|
| 23 July 2026 | Timothy Handley | Other incentive | 35.0M | 10.0M | — | $2.7M | 3Y notice |
| 1 Dec 2025 | Carl Dumbrell | Other | — | 5.0M | — | $82k | 3Y notice |
| 1 Dec 2025 | Douglas Jendry | Other | — | 5.0M | — | $82k | 3Y notice |
| 1 Dec 2025 | Malcolm King | Other | — | 5.0M | — | $82k | 3Y notice |
| 1 Dec 2025 | Nigel Harvey | Other | — | 5.0M | — | $82k | 3Y notice |
| 1 Dec 2025 | Philip McNamara | Other | — | 5.0M | — | $82k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.