Companies / MCY

MERCURY NZ LIMITED

ASX:MCYUtilities
1.43B shares on issueASX (delayed) · as of 28 July 2026$5.47price · delayed$7.92Bmarket cap · indicative
B
Dilution grade

4 cash raises in 24 months

Cash runwayno data — not a quarterly (4C/5B) cash filer
Share-count growth (24m)2.2%
Raise cadence (24m)4 cash raises
Options & rights overhang0.1% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

MERCURY NZ LIMITED's ordinary share count was 1.43B as of April 2026, up 2.2% since April 2024. The company raised capital four times in the 24‑month window for total disclosed proceeds of A$409.1M, most recently raising A$47.3M in March 2026. Options and rights could convert into 1M new shares, equal to 0.1% of the current share count, with 0% in the money. The company does not have a current quarterly cash report on record, so no quarterly cash balance or funding-runway figure is disclosed. There are no proposed securities issues (Appendix 3B) pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
Email me when this grade changes
Alerts are coming soon — this opens a pre-filled email that puts you on the list.
0.1%
Max option dilution
0.0%
ITM option dilution
3
Raises · last 12 months
—
Cash cover · not a quarterly filer

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 1.43B per ASX (delayed) (28 July 2026).
1.40B1.41B1.42BDec 24Sept 25July 26Cash raise · 31 Mar 2026Cash raise · 22 Mar 2026Cash raise · 29 Sept 2025Cash raise · 31 Mar 2025

Cash runway

Not a quarterly cash filer. This company does not lodge Appendix 4C/5B quarterly cash reports, so cash runway does not apply.

Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
16 Apr 20263G · unquotedORDINARY FULLY PAID FOREIGN EXEMPT NZX1.43BAppendix 3G
1 Apr 20262A · quoted issueMCY : CHESS DEPOSITARY INTERESTS1.43BAppendix 2A
30 Sept 20252A · quoted issueMCY : ORDINARY FULLY PAID FOREIGN EXEMPT NZX1.42BAppendix 2A
21 Aug 20253H · cancellationMCY : ORDINARY FULLY PAID FOREIGN EXEMPT NZX1.41BAppendix 3H
1 Apr 20253H · cancellationMCY : ORDINARY FULLY PAID FOREIGN EXEMPT NZX1.40BAppendix 3H
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
Join the waitlist

Capital raises

4 cash raises in the last 24 months · 3 in the last 12 months

$47.3M
Capital raise
31 Mar 2026
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
Join the waitlist

Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

0.1%
Total overhang · of current shares
0.0%
In the money · at current price
1.0M
Potential new shares
—
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
Join the waitlist

Director dealings

No director dealing notices (Appendix 3Y) on record.
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
Join the waitlist

Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
Sign up free — coming soon

Latest announcements

22 July 2026Mercury acquires minority stake in Datagrid NZ
22 July 20262026 Annual Shareholders' Meeting and Director Nominations
21 July 2026$PQuarterly Operational Update
29 June 2026Executive leadership team change
24 June 2026Initial Disclosure Notice
23 June 2026FY26 Annual results announcement date
22 June 2026Ongoing Disclosure Notice
15 June 2026Governance Roadshow Presentation June 2026
8 June 2026Ongoing Disclosure Notice
13 May 2026Mercury scaling geothermal platform
7 May 2026Ongoing Disclosure Notice
21 Apr 2026$PQuarterly Operational Update
21 Apr 2026$PFY2026 EBITDAF guidance upgraded to $1.05b
17 Apr 2026Ongoing Disclosure Notices
16 Apr 2026Notification regarding unquoted securities - MCY
16 Apr 2026Capital Change Notice
1 Apr 2026Application for quotation of securities - MCY
1 Apr 2026NZX Capital Change Notice - DRP
25 Mar 2026Mercury Green Bond offer final terms sheet
25 Mar 2026Mercury Green Bond offer interest rate set

Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.