Companies / MFG

MAGELLAN FINANCIAL GROUP LIMITED

ASX:MFGFinancial Services
292.6M shares on issueASX (delayed) · as of 28 July 2026$9.79price · delayed$2.83Bmarket cap · indicative
C
Dilution grade

Share count grew 64% in 24 months; 2 cash raises in 24 months; options/rights overhang 11% of shares

Cash runwayno data — not a quarterly (4C/5B) cash filer
Share-count growth (24m)63.5%
Raise cadence (24m)2 cash raises
Options & rights overhang11.3% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

MAGELLAN FINANCIAL GROUP LIMITED's ordinary share count grew 63.5% between September 2024 and July 2026, to 293M shares. The company completed two capital raises in the 24‑month window for total proceeds of A$300.0M, most recently a A$150.0M placement and SPP in February 2026. Options and rights on issue could convert into 33M new shares, equal to 11.3% of the current share count, with the nearest expiry in April 2027 and 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. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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11.3%
Max option dilution
0.0%
ITM option dilution
2
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 292.6M per ASX (delayed) (28 July 2026).
194.2M230.3M266.4MDec 24Sept 25July 26Cash raise · 27 Feb 2026Cash raise · 27 Feb 2026

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
10 July 20263H · cancellationMFG : ORDINARY FULLY PAID292.6MAppendix 3H
1 July 20262A · quoted issueMFG - ORDINARY FULLY PAID292.6MAppendix 2A
7 Apr 20263H · cancellationMFG : ORDINARY FULLY PAID185.8MAppendix 3H
31 Mar 20262A · quoted issueMFG - ORDINARY FULLY PAID185.8MAppendix 2A
4 Mar 20262A · quoted issueMFG - ORDINARY FULLY PAID183.4MAppendix 2A
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

2 cash raises in the last 24 months · 2 in the last 12 months

$150.0M
Placement and SPP
27 Feb 2026 ACTIVE
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

11.3%
Total overhang · of current shares
0.0%
In the money · at current price
33.2M
Potential new shares
Apr 2027
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
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Director dealings

DateDirectorTypeSharesOptionsValueSource
20 May 2026Andrew FormicaBuy15k——3Y notice
20 May 2026Andrew FormicaSell70k1k—3Y notice
14 May 2026Deborah Page AMBuy10k——3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
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Latest announcements

15 July 2026Ceasing to be a substantial holder
15 July 2026Ceasing to be a substantial holder
14 July 2026Ceasing to be a substantial holder
10 July 2026Notification of cessation of securities - MFG
7 July 2026Assets Under Management for MAM - June 2026
2 July 2026Ceasing to be a substantial holder
1 July 2026Final Director's Interest Notice - David Dixon
1 July 2026Final Director's Interest Notice - Sophia Rahmani
1 July 2026Initial Director's Interest Notice - Paul Compton
1 July 2026Initial Director's Interest Notice - Philip Lowe
1 July 2026Initial Director's Interest Notice - Kelly O'Dwyer
1 July 2026Initial Director's Interest Notice - Fiona Hick
1 July 2026Initial Director's Interest Notice - David Gonski AC
1 July 2026Notice of initial substantial holder
1 July 2026Notice of initial substantial holder
1 July 2026Notice of initial substantial holder
1 July 2026Notice of ceasing to be a substantial holder
1 July 2026Notice of initial substantial holder for MFG
1 July 2026$PCleansing Statement
1 July 2026Appendix 2A

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