L1 GROUP LIMITED
ASX:L1GFinancial ServicesToday’s holders own 97.5% of what they think they own, once every option and right converts.
1 cash raise in 24 months; since relisting as L1G; prior history under PTM not included
L1 GROUP LIMITED trades as L1G since September 2025, with all figures reflecting the period since that rename. The company's ordinary share count was 2.57B as of March 2026, a 1.0% increase since November 2025. In October 2025, L1 GROUP LIMITED conducted one capital raise, a Placement and Share Purchase Plan, which raised A$286.0M. Options on issue could convert into 66M new shares, representing 2.6% of the current share count. No expiry date is on record for these options, and none are currently in the money. The company has not lodged a current quarterly cash report, therefore no cash balance or funding runway figure is available. No proposed securities issues are pending.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 2 July 2026 | 3H · cancellation | L1G : ORDINARY FULLY PAID | 2.57B | Appendix 3H |
| 2 July 2026 | 3G · unquoted | L1G : ORDINARY FULLY PAID | 2.57B | Appendix 3G |
| 2 July 2026 | 3G · unquoted | L1G : ORDINARY FULLY PAID | 2.57B | Appendix 3G |
| 29 June 2026 | 3G · unquoted | L1G : ORDINARY FULLY PAID | 2.57B | Appendix 3G |
| 8 Apr 2026 | 3G · unquoted | ORDINARY FULLY PAID | 2.57B | Appendix 3G |
Capital raises
1 cash raise in the last 24 months · 1 in the last 12 months · counted since relisting as L1G (29 Sept 2025); prior history under PTM is not included
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 allows 15% of ordinary securities in any 12 months, and every Appendix 3B 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 65.8M 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 |
|---|---|---|---|---|---|---|
| — | Rights | Condition-triggered | — | — | 227k | Filing Meeting |
| L1GAD | Performance rights | Condition-triggered | — | — | 1.6M | Filing |
| L1GAE | Rights | Condition-triggered | — | — | 1.8M | Filing |
| L1GAF | Rights | Condition-triggered | — | — | 2.2M | Filing |
| L1GAG | Performance rights | Condition-triggered | — | — | 2.3M | Filing Meeting |
| L1GAH | Rights | Condition-triggered | — | — | 2.4M | Filing Meeting |
| L1GAB | Performance rights | Condition-triggered | — | — | 8.9M | Filing |
| L1GAC | Rights | Condition-triggered | — | — | 9.0M | Filing |
| L1GAA | Rights | Condition-triggered | — | — | 37.4M | 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.
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 |
|---|---|---|---|---|---|---|---|
| 18 Mar 2026 | Jane Stewart | Other | 31k | — | — | — | 3Y notice |
| 9 Mar 2026 | Julian Russell | Other incentive | — | — | 1.8M | — | 3Y notice |
| 27 Feb 2026 | Rachel Grimes AM | Buy on-market | 50k | — | — | $62k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.