INFOTRUST LTD
ASX:ITSSoftware & ServicesToday’s holders own 96.8% of what they think they own, once every option and right converts.
No issuance filings since 2024; no dilution pressure signals in current disclosures; since relisting as ITS; prior history under ST1 not included
INFOTRUST LTD (trading as ITS since November 2025 after renaming from ST1) had 193M shares on issue as of April 2026; its share count data covers only the period after the rename, and no new share-issuance filings have been lodged since January 2024. The company has not raised any capital via cash placement, rights issue or share purchase plan in the preceding 24 months. Options and rights could convert into 6M new shares, representing a 3.3% overhang; none are currently in the money, and the nearest expiry falls in July 2029. The latest cash report is a half-year/annual report and showed non-negative net cash flow, so no funding-runway estimate applies; no quarterly cash report has been lodged. No proposed securities issues are pending.
Quick answers · 1
When do ITS's options expire?
Unexercised options and rights equal 3.3% of Infotrust's shares on issue; the nearest expiry is July 2029.
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 |
|---|---|---|---|---|
| 1 Oct 2026 | 3H · cancellation | ITS : ORDINARY FULLY PAID | 193.4M | Appendix 3H |
| 25 Sept 2026 | 3H · cancellation | ITS : ORDINARY FULLY PAID | 193.4M | Appendix 3H |
| 31 Aug 2026 | 3H · cancellation | ITS : ORDINARY FULLY PAID | 193.4M | Appendix 3H |
| 31 Aug 2026 | 3G · unquoted | ORDINARY FULLY PAID | 193.4M | Appendix 3G |
| 6 Aug 2026 | 3H · cancellation | ITS : ORDINARY FULLY PAID | 193.4M | 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
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-triggered4.7M · 2.5% of sharesOptions and warrants — they convert when the share price clears their exercise price.
- Condition-triggered1.7M · 0.9% 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: 3.7M priced, 1.0M at a stated nil price, 1.7M 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.
At $0.21 today, 0 securities are in the money (0.0% of shares on issue). At double today’s price it is 3.7M (1.9% of shares).
- Priced supply in the money at the price on the axis — the curve, and the only thing on it. Ten prices, sampled: between two of them the true figure lies between the two.
- 1.0M (15.7% of the supply above) states a nil exercise price — nothing is paid to convert it, so no share price switches it on or off. It is the flat band, and it is not part of the in-the-money figure.
- 1.7M (26.2% of the supply above) states no exercise price at all. It cannot be called in or out of the money at any price, which is why it is hatched rather than plotted.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| ITSAE | Options | Price-triggered | $0.38 | 24 July 2029 | 2.7M | Filing |
| ITSAS | Options | Price-triggered | $0.41 | 29 Sept 2029 | 1.1M | Filing |
| ITSAT | Options | Price-triggered | Nil | 10 Oct 2029 | 1.0M | Filing |
| ITSAB | Performance rights | Condition-triggered | — | — | 1.7M | 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. For what expires soon across other listed companies, see the options expiry calendar.
- ITSAOconvertible notes500k1 Oct 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 3 Sept 2026 | Paul Timmins | Buy on-market | 369k | — | — | $100k | 3Y notice |
| 29 May 2026 | Paul Timmins | Buy on-market | 250k | — | — | $100k | 3Y notice |
| 29 May 2026 | Shan Shamsher Kanji | Buy on-market | 1.4M | — | — | $574k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.