Companies / RIC

RIDLEY CORPORATION LIMITED

ASX:RICFood, Beverage & Tobacco
374.9M shares on issueASX (delayed) · snapshot 11 Sept 2026385.6M fully diluted+2.9% if every option and right converts$2.61price · delayed$978.4Mmarket cap · indicative

Today’s holders own 97.2% of what they think they own, once every option and right converts.

Low
Dilution risk

Share count grew 6% in 24 months

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runwayno data — not a quarterly (4C/5B) cash filer
Share-count growth (24m)6.1%measured to the latest Appendix 2A, not to the share count above
Raise cadence (24m)0 cash raises
Options & rights overhang2.9% of shares
In-the-money supplyno data — no exercise price on record
Pending proposed issuesnone

RIDLEY CORPORATION LIMITED had 375M ordinary shares outstanding as of June 2025. The company has not raised capital in the past 24 months and has no proposed securities issues pending. Options and rights on issue could convert into 11M new shares, representing 2.9% of the current share count. No expiry date for these securities is stated on record. The company does not lodge current quarterly cash reports, so no cash balance or funding-runway figure is available on that basis. The share count is the ASX market reading; the filed 2A series ends earlier, so growth over the window is not stated.

AI-generated summary of this page's cited filings · updated 1 Sept 2026
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2.9%
Options & rights overhang
In-the-money supply · no stated strikes
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 374.9M per ASX (delayed) (snapshot 11 Sept 2026).
325M350M375MDec 24Oct 25Sept 26374.9M

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)

DateFormSecurityOn issue, per this filingSource
12 July 20263G · unquotedORDINARY FULLY PAID374.9MAppendix 3G
8 July 20263H · cancellationORDINARY FULLY PAID374.9MAppendix 3H
16 Apr 20263G · unquotedORDINARY FULLY PAID374.9MAppendix 3G
10 Apr 20263H · cancellationORDINARY FULLY PAID374.9MAppendix 3H
20 Feb 20263G · unquotedORDINARY FULLY PAID374.9MAppendix 3G
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25 filings on record — Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

No equity raises in the last 24 months.
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Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
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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.

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Forward supply calendar
Option expiries and proposed issues on one forward timeline, with the securities each could add.
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Placement capacity

How much stock a company can place without asking holders. Listing Rule 7.1 allows 15% of ordinary securities in any 12 months, and every Appendix 3B states how much of it an issue uses.

No Appendix 3B in the last 12 months reports an issue under the 15% placement capacity (as at 2026-09-12).
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Placement capacity — LR 7.1 / 7.1A
The filings behind the figure: every Appendix 3B in the window with what it says was issued under 7.1 and 7.1A, each row linked to its filing, and how many shares are left.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

2.9%
Options & rights overhang · of current shares
In-the-money supply · no stated strikes
10.8M
Potential new shares
Nearest expiry
What this supply is, and what converts it
  • Condition-triggered10.8M · 2.9% of shares
    Performance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.
  • Converts on terms2 · 0.0% of shares
    Convertibles with no exercise price — they convert on their own terms, so they are shares in all but name.

Exercise price on record: 0 priced, 10.8M 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.

What a price move would switch on

No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 10.8M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.

CodeSecurityTypeExercise priceExpiryOn issueSource
RICAWNotesConverts on terms2Filing
RICATPerformance rightsCondition-triggered10.8MFiling 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.

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.

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2 option lines on record — In-the-money value & price ladder
What each line is worth in the money today, the price ladder to the next tranche that converts, and the filing description behind every code.
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Director dealings

DateDirectorTypeSharesOptionsOtherValueSource
16 Mar 2026Melanie Susan LaingBuy3k$9k3Y notice
16 Mar 2026Michael Peter McMahonBuy7k$20k3Y notice
16 Mar 2026Rhys JonesBuy4k$12k3Y notice
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16 notices on record — Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

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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

Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.