PALADIN ENERGY LTD
ASX:PDNEnergyToday’s holders own 99.5% of what they think they own, once every option and right converts.
Share count grew 50% in 24 months; 2 cash raises in 24 months
PALADIN ENERGY LTD's ordinary share count grew 50.2% between September 2024 and March 2026, its latest share-count filing, to 449M shares. It completed two capital raisings in the 24-month window, with total proceeds of A$364.0M, the most recent being a non pro rata offer (prospectus) in September 2025. Options and rights on issue could convert into 2M new shares, equal to 0.5% of the current share count, none of which are in the money; no expiry date for these securities is on record. The latest cash report is a half-year/annual report covering the period ended June 2026, which shows non-negative net cash flow, so no funding-runway estimate is disclosed. No proposed securities issues are pending.
Quick answers · 3
How much placement capacity does PDN 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 PDN have outstanding?
Unexercised options and rights equal 0.5% of Paladin Energy's shares on issue.
How much has PDN's share count grown?
Paladin Energy has 449.4M shares on issue as at 28 Oct 2026, up 50.2% 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 |
|---|---|---|---|---|
| 11 Mar 2026 | 3G · unquoted | ORDINARY FULLY PAID | 449.4M | Appendix 3G |
| 5 Mar 2026 | 2A · quoted issue | PDN : ORDINARY FULLY PAID | 449.4M | Appendix 2A |
| 6 Jan 2026 | 3H · cancellation | PDN : ORDINARY FULLY PAID | 449.3M | Appendix 3H |
| 30 Dec 2025 | 3G · unquoted | ORDINARY FULLY PAID | 449.3M | Appendix 3G |
| 16 Oct 2025 | 2A · quoted issue | PDN : ORDINARY FULLY PAID | 449.3M | Appendix 2A |
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 · 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 2.2M 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 |
|---|---|---|---|---|---|---|
| PDNAD | Rights | Condition-triggered | — | — | 188k | Filing |
| PDNAP | Performance rights | Condition-triggered | — | — | 2.0M | 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. For what expires soon across other listed companies, see the options expiry calendar.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 31 Mar 2026 | Anne Templeman-Jones | Buy on-market | 3k | — | — | $37k | 3Y notice |
| 30 Dec 2025 | Paul Hemburrow | Other incentive | 35k | — | 257k | — | 3Y notice |
| 24 Sept 2025 | Michele Buchignani | Buy on-market | 7k | — | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.