EVION GROUP NL
ASX:EVGMaterialsToday’s holders own 70.7% 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 42% of shares
EVION GROUP NL's ordinary share count as of August 2026, its latest share-count filing, stands at 876M shares. The company's filed Appendix 2A series ends earlier, so a comparable growth figure over the window is not stated. In the past 24 months it has completed 10 capital raisings with disclosed proceeds totalling A$23.8M, the latest being a A$7.2M placement in May 2026. Options and rights on issue could convert into 364M new shares, representing a 41.5% overhang of current shares, all out of the money, with the nearest expiry in June 2027. The company has more than 4 quarters of funding at the recent spend rate. One proposed securities issue (Appendix 3B) is pending with an expected date in April 2027.
Quick answers · 3
Is EVG raising capital?
Evion Group has 1 proposed issue of securities pending under Appendix 3B as at 28 Oct 2026; the most recent raise announced is Placement of $7.2M on 12 May 2026.
How much cash does EVG have?
In its quarterly cash report for the quarter ended 30 Sept 2026, Evion Group reported $5.8M of cash and estimated 5.4 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do EVG's options expire?
Unexercised options and rights equal 41.5% of Evion Group's shares on issue; the nearest expiry is June 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 |
|---|---|---|---|---|
| 28 Sept 2026 | 3H · cancellation | EVG : ORDINARY FULLY PAID | 871.7M | Appendix 3H |
| 11 Sept 2026 | 3G · unquoted | ORDINARY FULLY PAID | 871.7M | Appendix 3G |
| 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 |
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).
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
9 cash raises in the last 24 months · 4 in the last 12 months
Results due
What the company's own reports say is coming, and when. A month is one the report names; “by end of year” is a deadline such as “Q4”. See every explorer on the results calendar.
- October 2026 · Drone magnetic survey completion (to complete)
- November 2026 · Assay results availability (batch 1) (results due)
- November 2026 · Assay results availability (batch 2) (results due)
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-triggered339.7M · 38.8% 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-triggered23.9M · 2.7% 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: 47.8M priced, 315.8M 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 13.1% 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 $0.013 today. No more priced supply until 5× today’s price, which takes it to 27.8M (3.2% 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.
- 315.8M (86.9% 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 |
|---|---|---|---|---|---|---|
| EVGAB | Performance rights | Condition-triggered | — | 30 June 2027 | 6.2M | 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, no exercise price stated | — | 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. For what expires soon across other listed companies, see the options expiry calendar.
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 |
|---|---|---|---|---|---|---|---|
| 11 Sept 2026 | David Round | Buy on-market | 5.9M | 1.5M | 2.0M | — | 3Y notice |
| 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 | Heather Zampatti | Other | 667k | — | 2.0M | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.