TERRAGEN HOLDINGS LIMITED
ASX:TGHMaterialsToday’s holders own 94.9% of what they think they own, once every option and right converts.
Share count grew 88% in 24 months; runway 4–8 quarters; 1 cash raise in 24 months
TERRAGEN HOLDINGS LIMITED's ordinary share count grew 87.5% between December 2024 and March 2026, its latest share-count filing, to 823M shares. The company raised capital once in the past 24 months for total disclosed proceeds of A$7.0M, via a A$7.0M placement in February 2026. Options and rights on issue could convert into 44M new shares, equal to 5.3% of the current share count, with the nearest expiry in November 2029; none are in the money. The company has more than 4 quarters of funding at the recent spend rate. One proposed securities issue is pending, with an expected issue date in March 2027.
Quick answers · 5
Is TGH raising capital?
Terragen Holdings has 1 proposed issue of securities pending under Appendix 3B as at 28 Oct 2026; the most recent raise announced is Placement of $7.0M on 6 Feb 2026.
How much placement capacity does TGH have left?
About 99% of the 15% placement capacity left, about 1% used in 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.
How much cash does TGH have?
In its quarterly cash report for the quarter ended 30 June 2026, Terragen Holdings reported $7.3M of cash and estimated 7.0 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do TGH's options expire?
Unexercised options and rights equal 5.3% of Terragen Holdings's shares on issue; the nearest expiry is Nov 2029.
How much has TGH's share count grown?
Terragen Holdings has 823.2M shares on issue as at 28 Oct 2026, up 87.5% 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 |
|---|---|---|---|---|
| 30 Mar 2026 | 2A · quoted issue | TGH : ORDINARY FULLY PAID | 823.2M | Appendix 2A |
| 19 Feb 2026 | 3H · cancellation | TGH : ORDINARY FULLY PAID | 631.3M | Appendix 3H |
| 19 Feb 2026 | 3H · cancellation | TGH : ORDINARY FULLY PAID | 631.3M | Appendix 3H |
| 19 Feb 2026 | 3H · cancellation | TGH : ORDINARY FULLY PAID | 631.3M | Appendix 3H |
| 19 Feb 2026 | 3H · cancellation | TGH : ORDINARY FULLY PAID | 631.3M | 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
1 cash raise in the last 24 months · 1 in the last 12 months
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
At $0.013 today, 0 securities are in the money (0.0% of shares on issue). At double today’s price it is 8.8M (1.1% 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.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| TGHAAB | Options | Price-triggered | $0.025 | 29 Nov 2029 | 7.3M | Filing |
| TGHAX | Options | Price-triggered | $0.040 | 29 Nov 2029 | 7.3M | Filing |
| TGHAY | Options | Price-triggered | $0.060 | 29 Nov 2029 | 7.3M | Filing |
| TGHAZ | Options | Price-triggered | $0.085 | 29 Nov 2029 | 7.3M | Filing |
| TGHAAA | Options | Price-triggered | $0.11 | 29 Nov 2029 | 7.3M | Filing |
| TGHAAF | Options | Price-triggered | $0.025 | 26 Sept 2030 | 1.5M | Filing |
| TGHAAH | Options | Price-triggered | $0.040 | 26 Sept 2030 | 1.5M | Filing |
| TGHAAG | Options | Price-triggered | $0.060 | 26 Sept 2030 | 1.5M | Filing |
| TGHAAI | Options | Price-triggered | $0.085 | 26 Sept 2030 | 1.5M | Filing |
| TGHAAE | Options | Price-triggered | $0.11 | 26 Sept 2030 | 1.5M | 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 |
|---|---|---|---|---|---|---|---|
| 30 Mar 2026 | Mr Scobie Dickinson Ward | Other placement | 102.3M | — | — | $2.3M | 3Y notice |
| 23 Jan 2025 | Mr Andrew Guthrie | Other entitlement/SPP | 286k | — | — | — | 3Y notice |
| 23 Jan 2025 | Mr Mike Barry | Other entitlement/SPP | 1.4M | — | — | — | 3Y notice |
| 23 Jan 2025 | Mr Richard Norton | Other entitlement/SPP | 571k | — | — | — | 3Y notice |
| 23 Jan 2025 | Mr Scobie Dickinson Ward | Other entitlement/SPP | 13.7M | — | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.