INFRAGREEN GROUP LIMITED
ASX:IFNCommercial & Professional ServicesToday’s holders own 99.7% of what they think they own, once every option and right converts.
No issuance filings since 2024; no dilution pressure signals in current disclosures
INFRAGREEN GROUP LIMITED's latest share-count filing (August 2026) shows 220M ordinary shares. The company has no share-issuance filings since January 2024, so no prior filing is available to calculate a share-count change. It has not raised any capital in the 24-month window, and no proposed securities issues are pending. Options and rights on issue could convert into 737,500 new shares, equal to 0.3% of the current share count, none of which are in the money at the current share price; the nearest expiry is December 2026. The company has no current quarterly or half-year/annual cash report runway figure on record, so funding runway is not disclosed.
Quick answers · 2
How much placement capacity does IFN 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.
When do IFN's options expire?
Unexercised options and rights equal 0.3% of Infragreen Group's shares on issue; the nearest expiry is Dec 2026.
Shares on issue — last 2 years
Cumulative figures as stated by the company on its daily notice. Latest notice
Cash runway
Issuance timeline
Latest 3 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 |
|---|---|---|---|---|
| 2 Sept 2026 | 3H · cancellation | IFN : ORDINARY FULLY PAID | 160.0M | Appendix 3H |
| 2 Sept 2026 | 3H · cancellation | IFN : ORDINARY FULLY PAID | 160.0M | Appendix 3H |
| 31 Aug 2026 | 2A · quoted issue | IFN : ORDINARY FULLY PAID | 160.0M | Appendix 2A |
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 (160.0M) need not equal the current count above (219.9M).
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
- Price-triggered325k · 0.1% of sharesOptions and warrants — they convert when the share price clears their exercise price.No exercise price is on record for any of it, so none of it can be called in or out of the money.
- Condition-triggered413k · 0.2% 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: 0 priced, 738k 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.
No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 738k 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 |
|---|---|---|---|---|---|---|
| IFNAH | Performance rights | Condition-triggered | — | 31 Dec 2026 | 38k | Filing Meeting |
| IFNAI | Performance rights | Condition-triggered | — | 31 Dec 2027 | 113k | Filing Meeting |
| IFNAC | Options | Price-triggered, no exercise price stated | — | 23 June 2028 | 325k | Filing |
| IFNAJ | Performance rights | Condition-triggered | — | 31 Dec 2028 | 38k | Filing Meeting |
| IFNAK | Performance rights | Condition-triggered | — | 31 Dec 2029 | 38k | Filing Meeting |
| IFNAE | Performance rights | Condition-triggered | — | — | 63k | Filing Meeting |
| IFNAF | Performance rights | Condition-triggered | — | — | 63k | Filing Meeting |
| IFNAG | Performance rights | Condition-triggered | — | — | 63k | 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.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 26 Aug 2026 | Declan Andrew Sherman | Sell incentive | — | — | 63k | — | 3Y notice |
| 5 Mar 2026 | Lindsay James Ward | Buy on-market | 300k | — | — | $300k | 3Y notice |
| 27 Feb 2026 | Declan Andrew Sherman | Buy on-market | 648k | — | 250k | $36k | 3Y notice |
| 27 Feb 2026 | Scott John Ryall | Other on-market | 127k | 150k | — | $30k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.