NEXTDC LIMITED
ASX:NXTSoftware & ServicesToday’s holders own 98.2% of what they think they own, once every option and right converts.
Share count grew 19% in 24 months; 4 cash raises in 24 months; recent proposed issue, issue not on record
NEXTDC LIMITED's ordinary share count stood at 760M as of August 2026. The company's filed Appendix 2A series ends earlier, so a share-count change figure over the period is not stated. Over the past 24 months, the company raised capital four times, totalling A$5.1B. The most recent raise was a A$1.1B Convertible Notes Offering in September 2026. Options and rights on issue could convert into 14M new shares, an overhang of 1.9% of current shares, all out of the money. No expiry date for these securities is on record. The latest cash report (a half-year/annual report, not a quarterly) showed non-negative net cash flow, so no funding-runway figure applies. No proposed securities issues are pending.
Quick answers · 3
Why was NXT in a trading halt?
Nextdc requested a trading halt on 19 Oct 2026, giving the reason "Pending release of an announcement regarding a material update on the impact of a delay to the supply of power at its M3 Melbourne data centre". Trading was expected to resume 21 Oct 2026.
When did NXT last raise capital?
The last capital raise in Nextdc's filings is Convertible Notes Offering of $1.10B announced 10 Sept 2026, one of 4 cash raises in 24 months.
How many options and rights does NXT have outstanding?
Unexercised options and rights equal 1.9% of Nextdc's shares on issue.
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 |
|---|---|---|---|---|
| 9 Oct 2026 | 3G · unquoted | NXT : ORDINARY FULLY PAID | 759.6M | Appendix 3G |
| 9 Oct 2026 | 3G · unquoted | NXT : ORDINARY FULLY PAID | 759.6M | Appendix 3G |
| 18 Sept 2026 | 3G · unquoted | NXT : ORDINARY FULLY PAID | 759.6M | Appendix 3G |
| 1 Sept 2026 | 2A · quoted issue | NXT : ORDINARY FULLY PAID | 759.6M | Appendix 2A |
| 7 July 2026 | 3G · unquoted | NXT : ORDINARY FULLY PAID | 759.6M | Appendix 3G |
Each filing states the count for the security it names, as at its own reference date and in the units of that filing — so the newest row (759.6M) need not equal the current count above (760.5M).
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
4 cash raises in the last 24 months · 4 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 14.2M 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 |
|---|---|---|---|---|---|---|
| NXTAB | Rights | Condition-triggered | — | — | 133k | Filing Meeting |
| NXTAR | Performance rights | Condition-triggered | — | — | 14.0M | 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.
- NXTACconvertible notes6k9 Oct 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 18 May 2026 | Douglas Ronald Flynn | Buy entitlement/SPP | 24k | — | — | — | 3Y notice |
| 18 May 2026 | Dr Eileen Doyle | Buy entitlement/SPP | 5k | — | — | — | 3Y notice |
| 18 May 2026 | Mr Jamaludin Ibrahim | Buy entitlement/SPP | 3k | — | — | — | 3Y notice |
| 18 May 2026 | Mrs Deborah Page | Buy entitlement/SPP | 834 | — | — | — | 3Y notice |
| 18 May 2026 | Stuart Arthur Davis | Buy entitlement/SPP | 10k | — | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.