Companies / GLS

L1 GLOBAL LONG SHORT FUND LIMITED

ASX:GLSNot Applic
547.7M shares on issueASX (delayed) · as of 28 July 2026$2.12price · delayed$1.15Bmarket cap · indicative
C
Dilution grade

Share count grew 87% in 24 months; 1 cash raise in 24 months

Cash runwayno data — not a quarterly (4C/5B) cash filer
Share-count growth (24m)87.1%
Raise cadence (24m)1 cash raise
Options & rights overhang0.0% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

L1 GLOBAL LONG SHORT FUND LIMITED's ordinary share count grew 87.1% between December 2025 and April 2026 to 548M shares. The company raised capital once in the past 24 months for total proceeds of A$477.1M, with that raise recorded in December 2025 for A$477.1M. No proposed securities issues (Appendix 3B) are pending. The company does not lodge a current quarterly cash report, so no quarterly cash balance or funding-runway figure is disclosed on that basis.

AI-generated summary of this page's cited filings · updated 28 July 2026
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0.0%
Max option dilution
0.0%
ITM option dilution
1
Raises · last 12 months
—
Cash cover · not a quarterly filer

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 547.7M per ASX (delayed) (28 July 2026).
316.1M401.1M486.1MDec 25Mar 26July 26Cash raise · 1 Dec 2025

Cash runway

Not a quarterly cash filer. This company does not lodge Appendix 4C/5B quarterly cash reports, so cash runway does not apply.

Issuance timeline

Latest 3 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
1 Apr 20262A · quoted issueGLS : ORDINARY FULLY PAID547.7MAppendix 2A
20 Mar 20262A · quoted issueGLS : ORDINARY FULLY PAID547.6MAppendix 2A
29 Dec 20252A · quoted issueGLS: CHESS DEPOSITARY INTERESTS292.7MAppendix 2A
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

1 cash raise in the last 24 months · 1 in the last 12 months

$477.1M
Capital raise
1 Dec 2025
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

No options or rights over unissued shares on record.

Director dealings

DateDirectorTypeSharesOptionsValueSource
20 Mar 2026Katrina GlendinningBuy248——3Y notice
27 Feb 2026Rachel Grimes AMBuy15k—$32k3Y notice
25 Feb 2026Katrina GlendinningBuy35k—$50k3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
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Latest announcements

21 July 2026Weekly Net Tangible Asset Backing
20 July 2026Quarterly Report - June 2026
14 July 2026Weekly Net Tangible Asset Backing
12 July 2026Monthly Report - June 2026
7 July 2026Weekly Net Tangible Asset Backing
2 July 2026Net Tangible Asset Backing as at 30 June 2026
1 July 2026Weekly Net Tangible Asset Backing
23 June 2026Weekly Net Tangible Asset Backing
16 June 2026Weekly Net Tangible Asset Backing
12 June 2026GLS Investor Video - 12 June 2026
10 June 2026Weekly Net Tangible Asset Backing
9 June 2026Monthly Report - May 2026
2 June 2026Net Tangible Asset Backing as at 29 May 2026
26 May 2026Weekly Net Tangible Asset Backing
20 May 2026Change of Auditor
19 May 2026Weekly Net Tangible Asset Backing
12 May 2026Weekly Net Tangible Asset Backing
12 May 2026Monthly Report - April 2026
5 May 2026Weekly Net Tangible Asset Backing
4 May 2026Monthly Net Tangible Asset Backing

Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.