Companies / SEG

SPORTS ENTERTAINMENT GROUP LIMITED

ASX:SEGMedia & Entertainment
315.5M shares on issueASX (delayed) · snapshot 11 Sept 2026322.0M fully diluted+2.1% if every option and right converts$0.27price · delayed$85.2Mmarket cap · indicative

Today’s holders own 98.0% of what they think they own, once every option and right converts.

Low
Dilution risk

Share count grew 14% in 24 months; 1 cash raise in 24 months; proposed issue pending

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runwayno data — no longer lodges quarterly cash reports (4C/5B)
Share-count growth (24m)13.7%
Raise cadence (24m)1 cash raise
Options & rights overhang2.1% of shares
In-the-money supplyno data — no exercise price on record
Pending proposed issuesopen proposed issue (Appendix 3B)

SPORTS ENTERTAINMENT GROUP LIMITED's ordinary share count grew 13.7% between September 2024 and August 2026, reaching 315M shares. In the past 24 months, the company completed one capital raise, a A$16.6M placement in August 2026. Options and rights on issue represent a potential 7M new shares, or 2.1% of the current share count, with none in the money; an expiry date for these securities has not been provided in filings. The company no longer lodges quarterly cash reports, so no current cash balance or funding runway figure is available. No proposed securities issues are pending.

AI-generated summary of this page's cited filings · updated 7 Sept 2026
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2.1%
Options & rights overhang
In-the-money supply · no stated strikes
1
Raises · last 12 months
Cash cover · stale filings

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 315.5M per ASX (delayed) (snapshot 11 Sept 2026).
280M290M300M310MDec 24Oct 25Sept 26Cash raise · 11 Aug 2026315.5M

Cash runway

stale Last quarterly cash report is more than 12 months old (quarter ended 30 Sept 2024) — runway is not computed from stale filings.
$16.9M cash after burn from the quarter ended 30 Sept 2024. Filed with the quarterly report: $16.1M cash at quarter end (item 4.6), 0.0 qtrs of funding on the company’s own estimate. Our figure above carries the filed quarter-end balance forward at the reported spend rate and adds announced raise proceeds.
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3 quarters on record — Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 30 Sept 2024.
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Issuance timeline

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

DateFormSecurityOn issue, per this filingSource
20 Aug 20262A · quoted issueSEG : ORDINARY FULLY PAID315.5MAppendix 2A
11 Aug 20263H · cancellationSEG : ORDINARY FULLY PAID280.5MAppendix 3H
26 Feb 20263G · unquotedORDINARY FULLY PAID280.9MAppendix 3G
12 Sept 20252A · quoted issueSEG : ORDINARY FULLY PAID280.9MAppendix 2A
12 Sept 20253G · unquotedORDINARY FULLY PAID277.7MAppendix 3G
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17 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

1 cash raise in the last 24 months · 1 in the last 12 months

$16.6M
Placement
11 Aug 2026 ACTIVE
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1 raise on record — 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.

Under 1% of the 15% placement capacity left — about 99% used by Appendix 3B filings in the last 12 months (estimate, as at 2026-09-12). Holder-approved issues and any later ratification are not deducted, so the true headroom can be higher.
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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

2.1%
Options & rights overhang · of current shares
In-the-money supply · no stated strikes
6.5M
Potential new shares
Nearest expiry
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 6.5M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.

CodeSecurityTypeExercise priceExpiryOn issueSource
SEGABPerformance rightsCondition-triggered6.5MFiling 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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1 option line 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
31 Aug 2026Craig ColemanSell3Y notice
12 Sept 2025Chris GiannopoulosOther incentive336k3Y notice
12 Sept 2025Craig HutchisonOther incentive48.7M2.4M1.6M3Y notice
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7 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.