POLYNOVO LIMITED
ASX:PNVHealth Care Equipment & ServicesToday’s holders own 98.5% of what they think they own, once every option and right converts.
No major dilution pressure signals in current disclosures
POLYNOVO LIMITED's ordinary share count stood at 691M as of November 2024, unchanged from October 2024. The company has not raised capital through placements, rights issues or share purchase plans in the 24-month window. Options and rights could convert into 11M new shares, representing 1.5% of the current share count, with none in the money and no expiry date for these securities on record. The latest cash report is a 12-month half-year/annual report, not a quarterly report; it showed non-negative net cash flow, so no funding-runway figure applies. No proposed securities issues are pending.
Quick answers · 3
How much placement capacity does PNV 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 PNV have outstanding?
Unexercised options and rights equal 1.5% of Polynovo's shares on issue.
How much has PNV's share count grown?
Polynovo has 690.8M shares on issue as at 28 Oct 2026, up 0.0% 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 |
|---|---|---|---|---|
| 28 Nov 2024 | 2A · quoted issue | PNV : ORDINARY FULLY PAID | 690.8M | Appendix 2A |
| 28 Nov 2024 | 3G · unquoted | ORDINARY FULLY PAID | 690.8M | Appendix 3G |
| 28 Nov 2024 | 3H · cancellation | PNV : ORDINARY FULLY PAID | 690.8M | Appendix 3H |
| 4 Oct 2024 | 2A · quoted issue | PNV : ORDINARY FULLY PAID | 690.8M | Appendix 2A |
| 23 Aug 2024 | 3G · unquoted | ORDINARY FULLY PAID | 690.2M | Appendix 3G |
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
No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 10.5M 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 |
|---|---|---|---|---|---|---|
| PNVAA | Options | Price-triggered, no exercise price stated | — | — | 10.5M | 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 |
|---|---|---|---|---|---|---|---|
| 12 Mar 2026 | Mr Robert Douglas | Buy on-market | 151k | — | — | $100k | 3Y notice |
| 25 Feb 2026 | Leon Hoare | Buy on-market | 30k | — | — | $28k | 3Y notice |
| 24 Feb 2026 | Mr Andrew Lumsden | Buy on-market | 100k | — | — | $91k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.