MAAS GROUP HOLDINGS LIMITED
ASX:MGHCapital GoodsToday’s holders own 99.0% of what they think they own, once every option and right converts.
Share count grew 9% in 24 months; 1 cash raise in 24 months
MAAS GROUP HOLDINGS LIMITED's ordinary share count stood at 325M as of October 2026 based on the ASX market reading, though a period-over-period change is not stated because the filed Appendix 2A series ends earlier than that date. In the 24-month window, the company raised A$150.0M via a Placement and Share Purchase Plan in November 2024, its only capital raise in that time. Options and rights on issue could convert into 3M new shares, an overhang of 1.0%, with none in the money; no expiry date for these securities is on record. The company has no current quarterly or half-year/annual cash report runway figure on record. No proposed securities issues are pending.
Quick answers · 4
Why was MGH in a trading halt?
Maas Group Holdings requested a trading halt on 9 Oct 2026, giving the reason "Pending release of a material announcement regarding the proposed IPO of Firmus and its contractual arrangements with Firmus". Trading was expected to resume 12 Oct 2026.
When did MGH last raise capital?
The last capital raise in Maas Group Holdings's filings is Placement and Share Purchase Plan of $150.0M announced 28 Nov 2024, one of 1 cash raises in 24 months.
How much placement capacity does MGH 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 many options and rights does MGH have outstanding?
Unexercised options and rights equal 1% of Maas Group Holdings's shares on issue.
Shares on issue — last 2 years
Cumulative figures as stated by the company on its daily notice. Latest notice
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 |
|---|---|---|---|---|
| 16 Oct 2026 | 3H · cancellation | MGH : ORDINARY FULLY PAID | 325.0M | Appendix 3H |
| 10 July 2026 | 3H · cancellation | MGH : ORDINARY FULLY PAID | 361.3M | Appendix 3H |
| 8 Apr 2026 | 3H · cancellation | MGH : ORDINARY FULLY PAID | 361.3M | Appendix 3H |
| 9 Mar 2026 | 2A · quoted issue | MGH : ORDINARY FULLY PAID | 361.3M | Appendix 2A |
| 17 Feb 2026 | 3H · cancellation | MGH : ORDINARY FULLY PAID | 360.9M | 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
1 cash raise 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 3.2M 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 |
|---|---|---|---|---|---|---|
| MGHAA | Performance rights | Condition-triggered | — | — | 3.2M | Filing Meeting |
“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 |
|---|---|---|---|---|---|---|---|
| 24 Mar 2026 | Wesley Jon Maas | Other | 178.9M | — | 247k | — | 3Y notice |
| 4 Feb 2026 | Wesley Jon Maas | Other | 150k | 62k | — | $647k | 3Y notice |
| 27 Mar 2025 | David Keir | Buy off-market | 9k | — | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.