L1 GROUP LIMITED
ASX:L1GFinancial ServicesToday’s holders own 97.9% 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's share-count data covers only the period since its September 2025 rename from PTM; between November 2025 and September 2026, its latest share-count filing, ordinary shares increased 1.0% to 2.57B. One capital raise occurred within the 24-month window, a Placement and Share Purchase Plan in October 2025 raising A$311.0M. Options on issue could convert into 56M new shares, representing 2.2% of current shares, none in the money; no expiry date is on record for these securities. As a financial services company, a funding-runway figure does not apply. No proposed securities issues are pending.
Quick answers · 3
When did L1G last raise capital?
The last capital raise in L1 Group's filings is Placement, Share Purchase Plan of $311.0M announced 29 Oct 2025, one of 1 cash raises in 24 months.
How much placement capacity does L1G have left?
About 11% of the 15% placement capacity left, about 89% used in 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 L1G have outstanding?
Unexercised options and rights equal 2.2% of L1 Group's shares on issue.
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 |
|---|---|---|---|---|
| 5 Oct 2026 | 3G · unquoted | L1G : ORDINARY FULLY PAID | 2.57B | Appendix 3G |
| 23 Sept 2026 | 2A · quoted issue | L1G : ORDINARY FULLY PAID | 2.57B | Appendix 2A |
| 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 |
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
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 / 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 55.8M 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 |
|---|---|---|---|---|---|---|
| L1GAI | 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 | — | — | 2.0M | Filing |
| L1GAG | Performance rights | Condition-triggered | — | — | 2.3M | Filing Meeting |
| L1GAH | Rights | Condition-triggered | — | — | 2.4M | Filing Meeting |
| L1GAB | Performance rights | Condition-triggered | — | — | 2.9M | Filing |
| L1GAC | Rights | Condition-triggered | — | — | 7.9M | Filing |
| L1GAA | Rights | Condition-triggered | — | — | 34.6M | 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.
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 28 Oct 2026.