MEGAPORT LIMITED
ASX:MP1Software & ServicesToday’s holders own 98.0% of what they think they own, once every option and right converts.
Share count grew 49% in 24 months; 2 cash raises in 24 months; proposed issue pending
MEGAPORT LIMITED's ordinary share count rose 48.6% between September 2024 and September 2026, its latest share-count filing, to 238M shares. The company completed two capital raisings in the 24-month window, totalling A$1.0B, most recently an A$827.5M Entitlement Offer in June 2026. Options on issue could add 5M shares, representing 2.0% of current shares; none are in the money, and no expiry date for these securities is recorded in ASX filings. The latest cash report (a 12-month half-year/annual report, not a quarterly report) shows non-negative net cash flow, and therefore no funding-runway figure applies. Three proposed securities issues (Appendix 3B) are pending, with the nearest expected in December 2026.
Quick answers · 4
Is MP1 raising capital?
Megaport has 3 proposed issues of securities pending under Appendix 3B as at 28 Oct 2026; the most recent raise announced is Entitlement Offer of $827.5M on 3 June 2026.
How much placement capacity does MP1 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 MP1 have outstanding?
Unexercised options and rights equal 2% of Megaport's shares on issue.
How much has MP1's share count grown?
Megaport has 238.0M shares on issue as at 28 Oct 2026, up 48.6% over 24 months according to its Appendix 2A filings.
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 |
|---|---|---|---|---|
| 8 Oct 2026 | 3H · cancellation | MP1 : ORDINARY FULLY PAID | 238.0M | Appendix 3H |
| 4 Sept 2026 | 3H · cancellation | MP1 : ORDINARY FULLY PAID | 238.0M | Appendix 3H |
| 3 Sept 2026 | 2A · quoted issue | MP1 : ORDINARY FULLY PAID | 238.0M | Appendix 2A |
| 1 Sept 2026 | 3G · unquoted | ORDINARY FULLY PAID | 236.1M | Appendix 3G |
| 8 July 2026 | 3H · cancellation | MP1 : ORDINARY FULLY PAID | 236.1M | 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
2 cash raises in the last 24 months · 2 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 4.8M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.
“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.
- MP1ADPrice-triggered8k securities → 06 Jan 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 1 Oct 2026 | Jon Gidney | Buy on-market | 5k | — | — | $100k | 3Y notice |
| 30 Sept 2026 | Michael Reid | Sell on-market | 335k | — | 1.6M | $6.9M | 3Y notice |
| 3 Sept 2026 | Michael Reid | Sell | 335k | — | 1.6M | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.