PACIFIC LIME AND CEMENT LIMITED
ASX:PLAMaterialsToday’s holders own 93.7% of what they think they own, once every option and right converts.
Runway under 2 quarters; options/rights overhang 7% of shares; 2% of shares in the money; since relisting as PLA; prior history under MRL not included
PACIFIC LIME AND CEMENT LIMITED's share count figures cover only the period since its rename from MRL in August 2025. Between September 2025 and September 2026, the ordinary share count rose 2.8% to 861M. The company has not raised capital through any cash placement, rights issue or share purchase plan in the 24-month window. Options and rights on issue could convert into 58M new shares, equal to 6.7% of the current share count, with 2% in the money; the nearest expiry is April 2029. The company's latest cash report was for the June 2026 quarter, but no funding-runway figure applies because at the reported spend rate the reported cash would have been used up and no later report is on record. No proposed securities issues are pending.
Quick answers · 3
How much placement capacity does PLA 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 much cash does PLA have?
In its quarterly cash report for the quarter ended 30 June 2026, Pacific Lime And Cement reported $16.7M of cash and estimated 0.6 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do PLA's options expire?
Unexercised options and rights equal 6.7% of Pacific Lime And Cement's shares on issue; the nearest expiry is Apr 2029.
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 |
|---|---|---|---|---|
| 21 Sept 2026 | 3H · cancellation | CHESS DEPOSITARY INTERESTS | 860.9M | Appendix 3H |
| 7 Sept 2026 | 2A · quoted issue | CHESS DEPOSITARY INTERESTS 1:1 | 860.9M | Appendix 2A |
| 24 July 2026 | 3G · unquoted | PLA : CHESS DEPOSITARY INTERESTS 1:1 | 860.7M | Appendix 3G |
| 17 June 2026 | 3G · unquoted | PLA : CHESS DEPOSITARY INTERESTS 1:1 | 860.7M | Appendix 3G |
| 29 May 2026 | 2A · quoted issue | CHESS DEPOSITARY INTERESTS 1:1 | 860.7M | 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
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
- Price-triggered44.7M · 5.2% of sharesOptions and warrants — they convert when the share price clears their exercise price.
- Condition-triggered12.8M · 1.5% of sharesPerformance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.
Exercise price on record: 44.7M priced (of which 12.5M in the money), 12.8M where the filing never states one. A security with no exercise price is never counted in the money — nothing is paid to convert it, so there is no price for it to be above.
Each figure is the filing’s own count of securities, not a share count — a 2A never states what one security converts into.
At $0.37 today, 12.5M securities are in the money (1.5% of shares on issue). No more priced supply until 1.25× today’s price, which takes it to 44.7M (5.2% of shares).
- Priced supply in the money at the price on the axis — the curve, and the only thing on it. Ten prices, sampled: between two of them the true figure lies between the two.
- 12.8M (22.3% of the supply above) states no exercise price at all. It cannot be called in or out of the money at any price, which is why it is hatched rather than plotted.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| PLAAA | Options | Price-triggered | $0.40 | 13 Apr 2029 | 32.2M | Filing |
| PLAAB | Options | Price-triggered | $0.30 | 17 June 2029 | 7.5M | Filing |
| PLAAG | Options | Price-triggered | $0.30 | 24 July 2029 | 5.0M | Filing |
| PLAAE | Performance rights | Condition-triggered | — | — | 12.8M | 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.
- PLAAMconvertible notes10k21 Sept 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 8 May 2026 | Richard Pegum | Buy on-market | 23k | — | — | $7k | 3Y notice |
| 13 Apr 2026 | Chris Indermaur | Other incentive | — | 4.5M | 2.3M | — | 3Y notice |
| 13 Apr 2026 | Musje Werror | Other incentive | 18k | 6.0M | 2.3M | — | 3Y notice |
| 13 Apr 2026 | Timothy Crossley | Other incentive | — | 9.0M | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.