GLENNON SMALL COMPANIES LIMITED
ASX:GC1Not ApplicToday’s holders own 98.9% of what they think they own, once every option and right converts.
No major dilution pressure signals in current disclosures
GLENNON SMALL COMPANIES LIMITED's ordinary share count was 49M as of April 2026, down 7.0% since April 2024. The company has not raised capital in the past 24 months, and no proposed securities issues are currently pending. Options on issue could convert into 530,351 new shares, equal to 1.1% of the current share count, with none in the money at the current share price. No expiry date for these options is on record. The company does not lodge quarterly cash reports, so no quarterly cash balance or funding-runway figure is disclosed on that basis.
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 |
|---|---|---|---|---|
| 1 Apr 2026 | 2A · quoted issue | GC1 : ORDINARY FULLY PAID | 48.7M | Appendix 2A |
| 3 Oct 2025 | 2A · quoted issue | GC1 : ORDINARY FULLY PAID | 48.5M | Appendix 2A |
| 31 Mar 2025 | 2A · quoted issue | GC1 : ORDINARY FULLY PAID | 48.2M | Appendix 2A |
| 2 Oct 2024 | 3H · cancellation | GC1 : ORDINARY FULLY PAID | 47.7M | Appendix 3H |
| 1 Oct 2024 | 2A · quoted issue | GC1 : ORDINARY FULLY PAID | 48.1M | Appendix 2A |
Capital raises
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
No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 530k of it converts on something else — a hurdle that may never be met, or terms the filing does not price.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| GC1PA | — | Converts on terms | — | — | 530k | 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 |
|---|---|---|---|---|---|---|---|
| 18 Mar 2026 | Sulieman Ravell | Buy on-market | — | 4k | — | $41k | 3Y notice |
| 17 Mar 2026 | Michael Glennon | Buy on-market | 40k | — | — | $17k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.