TZ LIMITED
ASX:TZLTechnology Hardware & EquipmentToday’s holders own 88.7% of what they think they own, once every option and right converts.
Runway under 2 quarters; share count grew 37% in 24 months; 6 cash raises in 24 months
TZ LIMITED's ordinary share count as of July 2026 was 362M shares. The growth over the window is not stated, as the filed Appendix 2A series ends earlier than the market reading. In the past 24 months the company raised capital six times for total proceeds of A$4.8M, most recently via a Placement and Entitlement Offer in June 2026 raising A$621K. Options and rights could convert into 46M new shares, representing 12.8% of the current share count; none are in the money, and the nearest expiry is May 2029. No later cash report is on record, so no funding-runway estimate applies. No proposed securities issues are pending.
Quick answers · 5
Why was TZL in a trading halt?
Tz requested a trading halt on 7 Oct 2026, giving the reason "Pending announcement regarding a material capital raising transaction". Trading was expected to resume 9 Oct 2026.
When did TZL last raise capital?
The last capital raise in Tz's filings is Placement and Entitlement Offer of $621k announced 16 June 2026, one of 5 cash raises in 24 months.
How much placement capacity does TZL 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.
How much cash does TZL have?
In its quarterly cash report for the quarter ended 30 June 2026, Tz reported $356k of cash and estimated 0.3 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do TZL's options expire?
Unexercised options and rights equal 12.8% of Tz's shares on issue; the nearest expiry is May 2029.
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 |
|---|---|---|---|---|
| 16 July 2026 | 3H · cancellation | TZL : ORDINARY FULLY PAID | 361.6M | Appendix 3H |
| 15 July 2026 | 2A · quoted issue | TZL : ORDINARY FULLY PAID | 364.6M | Appendix 2A |
| 23 June 2026 | 2A · quoted issue | TZL : ORDINARY FULLY PAID | 360.5M | Appendix 2A |
| 20 May 2026 | 3G · unquoted | TZL : ORDINARY FULLY PAID | 343.9M | Appendix 3G |
| 20 May 2026 | 3G · unquoted | TZL : ORDINARY FULLY PAID | 343.9M | Appendix 3G |
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
5 cash raises in the last 24 months · 4 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 $0.019 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 3× today’s price, which takes it to 46.2M (12.8% 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.
- 50k (0.1% 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 |
|---|---|---|---|---|---|---|
| TZLAA | Options | Price-triggered | $0.050 | 20 May 2029 | 46.2M | Filing |
| TZLAQ | Options | Price-triggered, no exercise price stated | — | — | 50k | 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 |
|---|---|---|---|---|---|---|---|
| 19 Sept 2025 | Antonino Schiavello | Buy on-market | 47k | — | — | — | 3Y notice |
| 27 June 2025 | John D'Angelo | Buy on-market | 48k | — | — | — | 3Y notice |
| 26 June 2025 | John D'Angelo | Buy on-market | 5k | — | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.