NH3 CLEAN ENERGY LIMITED
ASX:NH3MaterialsToday’s holders own 91.3% of what they think they own, once every option and right converts.
Share count grew 40% in 24 months; 5 cash raises in 24 months; runway 4–8 quarters
NH3 CLEAN ENERGY LIMITED's ordinary share count grew 40.1% between December 2024 and August 2026, reaching 762M shares. In the past 24 months, the company raised capital five times, totalling A$10.0M, with the most recent event being a A$4.0M placement in August 2026. Options and rights on issue could convert into 73M new shares, representing 9.6% of the current share count, with none currently in the money. An expiry date for these options and rights is not on record. As of the June 2026 quarter, the company held A$4.8M in available cash, sufficient for 4.7 quarters of operations based on its recent spending rate. No proposed securities issues are currently pending.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 12 Aug 2026 | 2A · quoted issue | NH3 : ORDINARY FULLY PAID | 762.2M | Appendix 2A |
| 25 Feb 2026 | 3G · unquoted | ORDINARY FULLY PAID | 712.9M | Appendix 3G |
| 5 Feb 2026 | 2A · quoted issue | NH3 : ORDINARY FULLY PAID | 712.9M | Appendix 2A |
| 24 Dec 2025 | 2A · quoted issue | NH3 : ORDINARY FULLY PAID | 698.6M | Appendix 2A |
| 24 Dec 2025 | 2A · quoted issue | NH3 : ORDINARY FULLY PAID | 700.9M | Appendix 2A |
Capital raises
5 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 allows 15% of ordinary securities in any 12 months, and every Appendix 3B 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 72.9M 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 |
|---|---|---|---|---|---|---|
| NH3AC | Performance rights | Condition-triggered | — | — | 72.9M | 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.
- NH3ABConverts on terms3 securities → 01 Dec 2025 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 5 Feb 2026 | Andrew Kirk | Other incentive | 1.6M | — | 5.5M | — | 3Y notice |
| 5 Feb 2026 | Charles Whitfield | Other incentive | 2.2M | — | 7.3M | — | 3Y notice |
| 24 Dec 2025 | Andrew Kirk | Other placement | 667k | — | 5.5M | — | 3Y notice |
| 24 Dec 2025 | Charles Whitfield | Other placement | 4.7M | — | 7.3M | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.