STRUCTURAL MONITORING SYSTEMS PLC
ASX:SMNTechnology Hardware & EquipmentToday’s holders own 86.3% of what they think they own, once every option and right converts.
Options/rights overhang 16% of shares; share count grew 14% in 24 months
STRUCTURAL MONITORING SYSTEMS PLC's ordinary share count grew 14.4% between June 2024 and October 2026, its latest share-count filing, to 157M shares. The company has not raised capital through any cash placement, rights issue or share purchase plan in the 24-month window. Options and rights on issue could convert into 25M new shares, equal to 15.9% of the current share count, with none in the money; the nearest expiry is November 2027. Its latest cash report, a half-year/annual report for the period ended June 2026, shows 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 SMN 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 SMN's options expire?
Unexercised options and rights equal 15.9% of Structural Monitoring Systems's shares on issue; the nearest expiry is Nov 2027.
How much has SMN's share count grown?
Structural Monitoring Systems has 157.1M shares on issue as at 28 Oct 2026, up 14.4% 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 |
|---|---|---|---|---|
| 15 Oct 2026 | 2A · quoted issue | SMN : CHESS DEPOSITARY INTERESTS 1:1 | 157.1M | Appendix 2A |
| 30 Jan 2026 | 2A · quoted issue | SMN : CHESS DEPOSITARY INTERESTS 1:1 | 155.6M | Appendix 2A |
| 15 Dec 2025 | 3H · cancellation | SMN : CHESS DEPOSITARY INTERESTS 1:1 | 154.4M | Appendix 3H |
| 9 May 2025 | 2A · quoted issue | SMN : CHESS DEPOSITARY INTERESTS 1:1 | 154.4M | Appendix 2A |
| 13 Mar 2025 | 2A · quoted issue | SMN : CHESS DEPOSITARY INTERESTS 1:1 | 154.3M | 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
An exercise price is on record for only 2.3% of this supply, so what is in the money today is not a measurement — the tile above reads “—” for that reason. Of the priced supply, 0 is in the money at $0.30 today. No more priced supply until 3× today’s price, which takes it to 585k (0.4% 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.
- 24.3M (97.7% 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 |
|---|---|---|---|---|---|---|
| SMNOA | Options | Price-triggered, no exercise price stated | — | 30 Nov 2027 | 24.3M | Filing |
| SMNAR | Options | Price-triggered | $0.69 | 18 Dec 2027 | 585k | 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 |
|---|---|---|---|---|---|---|---|
| 8 July 2026 | Mr Heinrich Loechteken | Other off-market | 561k | 240k | — | $207k | 3Y notice |
| 15 June 2026 | Mr Heinrich Loechteken | Buy on-market | 126k | 240k | — | $52k | 3Y notice |
| 27 May 2026 | Mr Heinrich Loechteken | Buy on-market | 268k | — | — | $110k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.