Companies / TWR

TOWER LIMITED

ASX:TWRInsurance
343.4M shares on issueASX (delayed) · as of 28 July 2026$1.55price · delayed$535.7Mmarket cap · indicative
A
Dilution grade

No major dilution pressure signals in current disclosures

Cash runwayno data — not a quarterly (4C/5B) cash filer
Share-count growth (24m)-9.8%
Raise cadence (24m)0 cash raises
Options & rights overhang1.1% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

TOWER LIMITED's ordinary share count declined 9.8% between February 2025 and January 2026, to 343M shares. The company did not raise capital by placements, rights issues or SPPs in the 24-month window ending January 2026. Options and rights on issue could convert into 4M new shares, equal to 1.1% of the current share count, with 0% in the money. The company does not have a current quarterly cash report on record, so no quarterly cash balance or funding-runway figure is disclosed. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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1.1%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
—
Cash cover · not a quarterly filer

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 343.4M per ASX (delayed) (28 July 2026).
350.5M361.6M372.6MDec 24Sept 25July 26

Cash runway

Not a quarterly cash filer. This company does not lodge Appendix 4C/5B quarterly cash reports, so cash runway does not apply.

Issuance timeline

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

DateFormSecurityTotal on issue afterSource
8 June 20263H · cancellationTWR : ORDINARY FULLY PAID FOREIGN EXEMPT NZX343.4MAppendix 3H
29 Jan 20262A · quoted issueTWR : ORDINARY FULLY PAID FOREIGN EXEMPT NZX343.4MAppendix 2A
21 Jan 20263G · unquotedTWR : ORDINARY FULLY PAID FOREIGN EXEMPT NZX342.6MAppendix 3G
14 Feb 20253H · cancellationTWR : ORDINARY FULLY PAID FOREIGN EXEMPT NZX379.5MAppendix 3H
14 Feb 20252A · quoted issueTWR : ORDINARY FULLY PAID FOREIGN EXEMPT NZX380.6MAppendix 2A
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

No equity raises in the last 24 months.
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

1.1%
Total overhang · of current shares
0.0%
In the money · at current price
3.7M
Potential new shares
—
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
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Director dealings

No director dealing notices (Appendix 3Y) on record.
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

Free account
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

20 July 2026Tower appoints Len Elikhis as Chief Financial Officer
18 June 2026Update - Dividend/Distribution - TWR
8 June 2026Notification of cessation of securities - TWR
20 May 2026Dividend/Distribution - TWR
20 May 2026$PTower reports strong HY earnings
27 Apr 2026AM Best affirms Tower Limited's A-(Excellent) FSR
15 Apr 2026Tower Half Year 2026 Results Date
25 Mar 2026Appointment of Interim CFO
2 Mar 2026Ongoing Disclosure - Paul Johnston
17 Feb 2026Michael Stiassny retires, Naomi Ballantyne elected as Chair
17 Feb 2026Results of Annual Shareholder Meeting
17 Feb 2026Tower Limited Annual Shareholder Meeting Materials
29 Jan 2026Ongoing Disclosure - Paul Johnston
29 Jan 2026Application for quotation of securities - TWR
29 Jan 2026Capital Change Notice
21 Jan 2026Notification regarding unquoted securities - TWR
21 Jan 2026Issue of unlisted share rights under Tower's LTIP
19 Jan 2026Update - Dividend/Distribution - TWR
18 Jan 2026Tower Limited Notice of Meeting and Proxy Form
9 Dec 2025Conclusion of FMA regulatory action

Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.