PARKWAY CORPORATE LIMITED
ASX:PWNMaterialsToday’s holders own 93.2% of what they think they own, once every option and right converts.
Options/rights overhang 7% of shares; proposed issue pending
Minimal because 4 of its 6 signals are quiet.
PARKWAY CORPORATE LIMITED's ordinary share count grew 0.5% between May 2024 and August 2026, its latest share-count filing, to 2.78B shares. It has not raised capital in the past 24 months. Options and rights on issue could convert into 204M new shares, equal to 7.3% of the current share count; none are in the money, and the nearest expiry falls in May 2027. The latest quarterly report (June 2026) shows non-negative net cash flow, so no funding-runway figure applies. One proposed securities issue (Appendix 3B) is pending, with an expected issue date in November 2026.
Quick answers · 4
Is PWN raising capital?
Parkway Corporate has 1 proposed issue of securities pending under Appendix 3B as at 28 Oct 2026.
How much placement capacity does PWN 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.
When do PWN's options expire?
Unexercised options and rights equal 7.3% of Parkway Corporate's shares on issue; the nearest expiry is May 2027.
How much has PWN's share count grown?
Parkway Corporate has 2.78B shares on issue as at 28 Oct 2026, up 0.5% 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 |
|---|---|---|---|---|
| 1 Sept 2026 | 3H · cancellation | PWN : ORDINARY FULLY PAID | 2.78B | Appendix 3H |
| 11 Aug 2026 | 2A · quoted issue | PWN : ORDINARY FULLY PAID | 2.78B | Appendix 2A |
| 9 June 2026 | 3H · cancellation | PWN : ORDINARY FULLY PAID | 2.77B | Appendix 3H |
| 16 Jan 2026 | 2A · quoted issue | PWN : ORDINARY FULLY PAID | 2.77B | Appendix 2A |
| 13 Jan 2026 | 3H · cancellation | PWN : ORDINARY FULLY PAID | 2.77B | Appendix 3H |
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-triggered125.0M · 4.5% of sharesOptions and warrants — they convert when the share price clears their exercise price.
- Condition-triggered78.5M · 2.8% 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: 125.0M priced, 78.5M 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 $0.009 today, 0 securities are in the money (0.0% of shares on issue). At double today’s price it is 125.0M (4.5% 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.
- 78.5M (38.6% 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 |
|---|---|---|---|---|---|---|
| PWNAB | Options | Price-triggered | $0.015 | 16 May 2027 | 125.0M | Filing |
| PWNAQ | Performance rights | Condition-triggered | — | — | 78.5M | 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.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 9 Sept 2026 | Ronald Douglas | Buy on-market | 2.1M | — | — | $25k | 3Y notice |
| 1 Sept 2026 | Bahay Ozcakmak | Sell incentive | — | 1.8M | — | — | 3Y notice |
| 1 Dec 2025 | Ayten Saridas | Other incentive | — | 2.5M | — | — | 3Y notice |
| 1 Dec 2025 | Penelope Creswell | Other incentive | — | 2.5M | — | — | 3Y notice |
| 1 Dec 2025 | Stephen van der Sluys | Other incentive | — | 2.5M | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.