Companies / PNI

PINNACLE INVESTMENT MANAGEMENT GROUP LIMITED

ASX:PNIFinancial Services
241.0M shares on issueAppendix 2A · as of 12 May 2026$16.00price · delayed$3.79Bmarket cap · indicative
C
Dilution grade

Share count grew 19% in 24 months; 2 cash raises in 24 months; 0% of shares in the money

Cash runwayno data — not a quarterly (4C/5B) cash filer
Share-count growth (24m)18.6%
Raise cadence (24m)2 cash raises
Options & rights overhang0.6% of shares
In-the-money supply0.2% of shares
Pending proposed issuesnone

PINNACLE INVESTMENT MANAGEMENT GROUP LIMITED's ordinary share count rose 18.6% between March 2024 and May 2026 to 241M shares. The company completed two capital raises in the 24-month window for total proceeds of A$451.7M, most recently raising A$1.2M in April 2025. Options and rights on issue could convert into 1M new shares, equal to 0.6% of the current share count, with the nearest expiry in March 2030 and 0% in the money. The company does not have a current quarterly cash report on record, so no quarterly cash balance or funding-runway figure is disclosed.

AI-generated summary of this page's cited filings · updated 28 July 2026
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0.6%
Max option dilution
0.2%
ITM option dilution
0
Raises · last 12 months
—
Cash cover · not a quarterly filer

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 241.0M per Appendix 2A (12 May 2026).
227.7M232.6M237.4MDec 24Sept 25July 26Cash raise · 9 Apr 2025

Cash runway

Not a quarterly cash filer. This company does not lodge Appendix 4C/5B quarterly cash reports, so cash runway does not apply.

Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
13 July 20263H · cancellationPNI : ORDINARY FULLY PAID241.0MAppendix 3H
29 June 20263G · unquotedORDINARY FULLY PAID241.0MAppendix 3G
12 May 20263G · unquotedORDINARY FULLY PAID239.4MAppendix 3G
12 May 20262A · quoted issuePNI : ORDINARY FULLY PAID241.0MAppendix 2A
24 Apr 20262A · quoted issuePNI : ORDINARY FULLY PAID239.4MAppendix 2A
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

2 cash raises in the last 24 months · 0 in the last 12 months

$1.2M
Capital raise
9 Apr 2025
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

0.6%
Total overhang · of current shares
0.2%
In the money · at current price
1.3M
Potential new shares
Mar 2030
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
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Director dealings

DateDirectorTypeSharesOptionsValueSource
18 June 2026Christa LenardBuy3k—$50k3Y notice
20 Mar 2026Ian MacounOther6k—$87k3Y notice
9 Dec 2025Christa LenardBuy2k—$40k3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
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Latest announcements

21 July 2026Full year FY2026 financial results teleconference
14 July 2026Becoming a substantial holder
13 July 2026Notification of cessation of securities - PNI
13 July 2026Update - Notification of buy-back - PNI
13 July 2026Update - Notification of buy-back - PNI
13 July 2026Ceasing to be a substantial holder
29 June 2026Notification regarding unquoted securities - PNI
24 June 2026Notification of buy-back - PNI
24 June 2026Buy-Back of Employee Loan Back Shares
19 June 2026Change of Director's Interest Notice
12 May 2026Notification regarding unquoted securities - PNI
12 May 2026Application for quotation of securities - PNI
4 May 2026$PAcquisition of additional 6.80% of equity in Metrics
4 May 2026Presentation - Macquarie Australia Conference
28 Apr 2026Becoming a substantial holder
24 Apr 2026Application for quotation of securities - PNI
24 Apr 2026Completion of Investment in Pacific Asset Management LLP
19 Apr 2026Update - Proposed issue of securities - PNI
19 Apr 2026Satisfaction of conditions precedent for investment in PAM
7 Apr 2026$PExtension and increase to debt facility

Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.