EVION GROUP NL
ASX:EVGMaterialsToday’s holders own 67.5% of what they think they own, once every option and right converts.
Share count grew 151% in 24 months; 10 cash raises in 24 months; options/rights overhang 48% of shares
EVION GROUP NL's ordinary share count stood at 876M as of August 2026. The company undertook 10 capital raises in the past 24 months, with total disclosed proceeds of A$24.4M. The most recent raise was an Offer of New Options to EVGAT Optionholders in September 2026. Options and rights on issue could convert into 422M new shares, representing 48.2% of the current share count, with none currently in the money. The nearest expiry date for these options is September 2026. As of the June 2026 quarter, the company held A$6.9M in cash, sufficient for approximately 7.9 quarters of operations. One proposed securities issue is pending, with an expected date in April 2027. The provided share count series may not fully reflect changes over the full window.
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 |
|---|---|---|---|---|
| 12 Aug 2026 | 2A · quoted issue | EVG : ORDINARY FULLY PAID | 871.7M | Appendix 2A |
| 5 Aug 2026 | 3G · unquoted | ORDINARY FULLY PAID | 746.7M | Appendix 3G |
| 4 Aug 2026 | 3G · unquoted | EVG : ORDINARY FULLY PAID | 746.7M | Appendix 3G |
| 4 Aug 2026 | 3H · cancellation | EVG : ORDINARY FULLY PAID | 746.7M | Appendix 3H |
| 4 Aug 2026 | 2A · quoted issue | EVG : ORDINARY FULLY PAID | 756.8M | Appendix 2A |
Each filing states the count for the security it names, as at its own reference date and in the units of that filing — so the newest row (871.7M) need not equal the current count above (876.1M).
Capital raises
10 cash raises in the last 24 months · 6 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
- Price-triggered399.9M · 45.6% of sharesOptions and warrants — they convert when the share price clears their exercise price.At least 291.9M of it states no exercise price — that much cannot be called in or out of the money.
- Condition-triggered22.1M · 2.5% 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: 108.0M priced, 314.1M 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.
An exercise price is on record for only 25.6% of this supply, so what is in the money today is not a measurement — the tile above reads “—” for that reason. Of the priced supply, 0 is in the money at $0.018 today. At double today’s price it is 60.2M (6.9% 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.
- 314.1M (74.4% 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 |
|---|---|---|---|---|---|---|
| EVGAT | Options | Price-triggered | $0.030 | 27 Sept 2026 | 60.2M | Filing |
| EVGAB | Performance rights | Condition-triggered | — | 30 June 2027 | 4.4M | Filing Meeting |
| EVGAR | Performance rights | Condition-triggered | — | 22 Nov 2027 | 11.7M | Filing Meeting |
| EVGAQ | Options | Price-triggered | $0.040 | 22 Nov 2027 | 8.0M | Filing |
| EVGAP | Options | Price-triggered | $0.050 | 22 Nov 2027 | 19.8M | Filing |
| EVGAD | Options | Price-triggered | $0.075 | 4 Aug 2029 | 10.0M | Filing |
| EVGAE | Options | Price-triggered | $0.10 | 4 Aug 2029 | 10.0M | Filing |
| EVGOA | Options | Price-triggered | — | 7 Aug 2029 | 291.9M | Filing |
| EVGAO | Performance rights | Condition-triggered | — | — | 6.0M | 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.
- EVGAMCondition-triggered15.6M securities → 020 Jan 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 21 Aug 2026 | Malcolm Randall | Other off-market | 867k | 11.7M | — | — | 3Y notice |
| 4 Aug 2026 | Craig Lennon | Other | 650k | — | — | — | 3Y notice |
| 4 Aug 2026 | David Round | Other incentive | 5.9M | 5.0M | 3.0M | — | 3Y notice |
| 4 Aug 2026 | Heather Zampatti | Other | 667k | — | 2.0M | — | 3Y notice |
| 4 Aug 2026 | Malcolm Randall | Other incentive | 200k | 10.0M | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.