GOODMAN GROUP
ASX:GMGEquity Real Estate Investment Trusts (REITs)Today’s holders own 96.8% of what they think they own, once every option and right converts.
2 cash raises in 24 months; share count grew 8% in 24 months
GOODMAN GROUP's ordinary share count grew 7.5% between August 2024 and August 2026, its latest share-count filing, to 2.05B shares. In the past 24 months, it raised capital twice for total disclosed proceeds of A$4.4B, most recently a Security Purchase Plan in February 2025 raising A$400.0M. Options and rights on issue could convert into 68M new shares, equal to 3.3% of the current share count, with none in the money; no expiry date for these securities is on record. The company is a property or investment vehicle, so no funding-runway figure applies. There are no proposed securities issues pending.
Quick answers · 4
When did GMG last raise capital?
The last capital raise in Goodman Group's filings is Security Purchase Plan of $400.0M announced 19 Feb 2025, one of 2 cash raises in 24 months.
How much placement capacity does GMG 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 many options and rights does GMG have outstanding?
Unexercised options and rights equal 3.3% of Goodman Group's shares on issue.
How much has GMG's share count grown?
Goodman Group has 2.05B shares on issue as at 28 Oct 2026, up 7.5% 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 |
|---|---|---|---|---|
| 9 Oct 2026 | 3H · cancellation | GMG : FULLY PAID ORDINARY/UNITS STAPLED SECURITIES | 2.05B | Appendix 3H |
| 1 Oct 2026 | 3G · unquoted | FULLY PAID ORDINARY/UNITS STAPLED SECURITIES | 2.05B | Appendix 3G |
| 31 Aug 2026 | 2A · quoted issue | GMG : FULLY PAID ORDINARY/UNITS STAPLED SECURITIES | 2.05B | Appendix 2A |
| 25 Aug 2026 | 3H · cancellation | GMG : FULLY PAID ORDINARY/UNITS STAPLED SECURITIES | 2.04B | Appendix 3H |
| 13 July 2026 | 3H · cancellation | GMG : FULLY PAID ORDINARY/UNITS STAPLED SECURITIES | 2.04B | Appendix 3H |
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
2 cash raises in the last 24 months · 0 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 / 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
No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 67.6M 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 |
|---|---|---|---|---|---|---|
| GMGAM | Performance rights | Condition-triggered | — | — | 67.6M | Filing Meeting |
12.6M of the 67.6M granted 1 Oct 2026: conditions on a financial target, an operating target, continued service, relative shareholder return. Terms | ||||||
“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 line under a class is a grant of rights into it, as read from the company’s own filings: its size, any share-price or market-cap hurdles, and the other kinds of condition it carries. A grant is often only part of the class, so its terms say nothing about the rest. Whether a hurdle has been met is not shown.
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.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 1 Sept 2026 | Anthony Rozic | Other incentive | 165k | — | — | — | 3Y notice |
| 1 Sept 2026 | Danny Peeters | Other | 149k | — | — | — | 3Y notice |
| 1 Sept 2026 | Greg Goodman | Other | 341k | — | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.