REGAL PARTNERS LIMITED
ASX:RPLFinancial ServicesToday’s holders own 94.9% of what they think they own, once every option and right converts.
Share count grew 23% in 24 months; options/rights overhang 5% of shares
REGAL PARTNERS LIMITED's ordinary share count rose 23.1% between October 2024 and September 2026, its latest share-count filing, to 416M shares. The company has not conducted any capital raises in that period, and no proposed securities issues are currently pending. Options and rights on issue could convert into 22M new shares, equal to 5.3% of the current share count, none of which are in the money at the current share price; the nearest expiry falls in July 2029. Because the company is a financial services entity whose operating cash flow is not a spend rate, no funding-runway figure is provided. The share-count increase reflects a net issuance of shares over the period without associated capital raising disclosures.
Quick answers · 3
How much placement capacity does RPL 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 RPL's options expire?
Unexercised options and rights equal 5.3% of Regal Partners's shares on issue; the nearest expiry is July 2029.
How much has RPL's share count grown?
Regal Partners has 416.2M shares on issue as at 28 Oct 2026, up 23.1% over 24 months according to its Appendix 2A filings.
Shares on issue — last 2 years
Cumulative figures as stated by the company on its daily notice. Latest notice
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 |
|---|---|---|---|---|
| 12 Oct 2026 | 3G · unquoted | RPL : ORDINARY FULLY PAID | 416.2M | Appendix 3G |
| 12 Oct 2026 | 3H · cancellation | RPL : ORDINARY FULLY PAID | 416.2M | Appendix 3H |
| 29 Sept 2026 | 2A · quoted issue | RPL : ORDINARY FULLY PAID | 416.0M | Appendix 2A |
| 29 Sept 2026 | 2A · quoted issue | RPL : ORDINARY FULLY PAID | 395.0M | Appendix 2A |
| 3 Sept 2026 | 2A · quoted issue | RPL : ORDINARY FULLY PAID | 394.8M | 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-triggered10.8M · 2.6% of sharesOptions and warrants — they convert when the share price clears their exercise price.
- Condition-triggered11.4M · 2.7% 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: 0 priced, 10.8M at a stated nil price, 11.4M 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.
No option supply on record carries an exercise price to pay, so no share price switches any of it on. 10.8M of it states a NIL exercise price — nothing is paid to convert that, so it converts at any price. The other 11.4M 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 |
|---|---|---|---|---|---|---|
| RPLAF | Options | Price-triggered | Nil | 9 July 2029 | 10.8M | Filing |
| RPLAC | Rights | Condition-triggered | — | — | 11.4M | Filing Meeting |
529k of the 11.4M granted 12 Oct 2026: conditions on continued service. Terms | ||||||
“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 line under a class is a grant of rights into it, as read from the company’s own filings: its size, any share-price or market-cap hurdles, and the other kinds of condition it carries. A grant is often only part of the class, so its terms say nothing about the rest. Whether a hurdle has been met is not shown.
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.
- RPLAEConverts on terms24.5M securities → 01 July 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 15 Sept 2026 | Peter Yates | Buy on-market | 42k | — | — | $95k | 3Y notice |
| 4 Sept 2026 | Brendan O'Connor | Other incentive | 7.1M | — | — | — | 3Y notice |
| 31 Aug 2026 | Peter Yates | Buy on-market | 39k | — | — | $100k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.