GARDA PROPERTY GROUP
ASX:GDFEquity Real Estate Investment Trusts (REITs)No major dilution pressure signals in current disclosures
GARDA PROPERTY GROUP's ordinary share count was 218M as of October 2025, down 0.6% since October 2024. The company has not raised capital through any cash placement, rights issue or share purchase plan in the past 24 months, and no proposed securities issues are currently pending. No options or rights are recorded on issue. Because GARDA PROPERTY GROUP is a property investment vehicle whose operating cash flow does not represent a spend rate, no funding-runway figure is applicable. Share-count movement over the period reflects a marginal net reduction from buybacks or cancellations.
Quick answers · 3
Why was GDF in a trading halt?
Garda Property Group requested a trading halt on 21 Oct 2026, giving the reason "Pending announcement regarding a material divestment transaction". Trading was expected to resume 23 Oct 2026.
How much placement capacity does GDF have left?
None of the 15% placement capacity counted as used in the last 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.
How much has GDF's share count grown?
Garda Property Group has 217.6M shares on issue as at 28 Oct 2026, down 0.6% over 24 months according to its Appendix 2A filings.
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 |
|---|---|---|---|---|
| 3 Oct 2025 | 2A · quoted issue | GDF : FULLY PAID ORDINARY/UNITS STAPLED SECURITIES | 217.6M | Appendix 2A |
| 4 Sept 2025 | 3H · cancellation | GDF : FULLY PAID ORDINARY/UNITS STAPLED SECURITIES | 216.8M | Appendix 3H |
| 10 Dec 2024 | 3H · cancellation | GDF : FULLY PAID ORDINARY/UNITS STAPLED SECURITIES | 216.8M | Appendix 3H |
| 16 Oct 2024 | 2A · quoted issue | GDF : FULLY PAID ORDINARY/UNITS STAPLED SECURITIES | 218.8M | Appendix 2A |
| 26 Sept 2024 | 3G · unquoted | FULLY PAID ORDINARY/UNITS STAPLED SECURITIES | 218.3M | Appendix 3G |
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
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
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 5 Feb 2026 | Andrew Thornton | Buy on-market | 100k | — | — | $116k | 3Y notice |
| 2 Dec 2025 | Paul Leitch | Buy on-market | 40k | — | — | $50k | 3Y notice |
| 1 Dec 2025 | Matthew Madsen | Other off-market | 90 | — | — | $107k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.