KALINA POWER LIMITED
ASX:KPOUtilitiesToday’s holders own 97.2% of what they think they own, once every option and right converts.
3 cash raises in 24 months; share count grew 14% in 24 months
KALINA POWER LIMITED's ordinary share count rose 13.5% between October 2024 and October 2026, its latest share-count filing, to 2.99B shares. In the past 24 months, it raised capital three times for total disclosed proceeds of A$1.8M, most recently a Non-Renounceable Entitlement Offer (Shortfall Placement) in May 2025 raising A$310K. Options and rights on issue could convert into 85M new shares, equal to 2.8% of the current share count, of which none are in the money; an expiry date for these securities is not on record. The company has more than 4 quarters of funding at the recent spend rate. No proposed securities issues are currently pending.
Quick answers · 5
When did KPO last raise capital?
The last capital raise in Kalina Power's filings is Non-Renounceable Entitlement Offer (Shortfall Placement) of $310k announced 7 May 2025, one of 3 cash raises in 24 months.
How much placement capacity does KPO 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 cash does KPO have?
In its quarterly cash report for the quarter ended 30 June 2026, Kalina Power reported $14.2M of cash and estimated 14.8 quarters of funding available at its current rate of spending. That is the company's own estimate.
How many options and rights does KPO have outstanding?
Unexercised options and rights equal 2.8% of Kalina Power's shares on issue.
How much has KPO's share count grown?
Kalina Power has 2.99B shares on issue as at 28 Oct 2026, up 13.5% 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 |
|---|---|---|---|---|
| 26 Oct 2026 | 3H · cancellation | KPO : ORDINARY FULLY PAID | 2.99B | Appendix 3H |
| 14 Oct 2026 | 2A · quoted issue | KPO : ORDINARY FULLY PAID | 2.99B | Appendix 2A |
| 14 Oct 2026 | 3H · cancellation | KPO : ORDINARY FULLY PAID | 2.99B | Appendix 3H |
| 9 Oct 2026 | 2A · quoted issue | KPO : ORDINARY FULLY PAID | 2.99B | Appendix 2A |
| 1 Oct 2026 | 3H · cancellation | KPO : ORDINARY FULLY PAID | 2.97B | 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
3 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 85.0M 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 |
|---|---|---|---|---|---|---|
| KPOAE | Options | Price-triggered, no exercise price stated | — | — | 85.0M | 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.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 9 Oct 2026 | Malcolm Jacques | Sell | 12.2M | 938k | — | — | 3Y notice |
| 9 Oct 2026 | Matthew Jenkins | Other | 3.1M | — | — | $63k | 3Y notice |
| 9 Oct 2026 | Peter Littlewood | Sell | 21.6M | 938k | — | — | 3Y notice |
| 9 Oct 2026 | Ross MacLachlan | Other | 5.0M | — | — | $100k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.