Livium’s Share Plan Draws A$794,280 as Directors Join the Raise
2 min read
8:44am on Wednesday 16th of September, 2026 AEST ~8am, 16th Sept, 26
Livium has completed its Share Purchase Plan after receiving A$794,280 in valid applications, including A$80,000 from its board. The capital raising will add 96.9 million shares to the register, with trading expected to begin on 21 September.
- A$794,280 raised through the Share Purchase Plan
- 96,863,527 new shares to be issued
- Livium directors collectively applied for A$80,000
- Trading expected to commence on 21 September 2026
Livium Ltd (ASX:LIT) has completed a Share Purchase Plan that attracted A$794,280 from eligible shareholders, giving the battery recycler a modest capital injection while adding 96,863,527 new ordinary shares to its register.
The result includes A$80,000 of applications from Livium’s directors collectively. That participation is a visible show of support from the board, although the announcement does not disclose how the funds will be allocated or the resulting percentage dilution for existing shareholders.
New Shares Set for ASX Trading
The new shares are expected to be issued on 18 September 2026 and begin trading on the ASX on 21 September. They will rank equally with Livium’s existing ordinary shares from the date of issue, making the final post-issue share count the next important reference point for shareholders assessing dilution.
The SPP was announced on 30 July and offered eligible investors the opportunity to apply for up to A$30,000 of new shares. Its completion provides Livium with additional funding as it positions wholly owned Envirostream around battery recycling and pursues adjacent activities including rare-earth and solar-panel recycling, as well as black-mass processing.
Funding Adds Flexibility, But Use Remains Undisclosed
At A$794,280, the raise is relatively small beside the scale of Livium’s stated expansion ambitions, and the filing gives no breakdown of whether the proceeds will support operations, working capital or new recycling initiatives. The immediate positive is certainty that the SPP has cleared its application stage; the more consequential question is what the company does with the cash once the shares are issued.
Bottom Line?
The SPP has cleared a near-term funding hurdle, but shareholders still need the final share count and a clearer account of how the proceeds will support Livium’s recycling expansion.
Questions in the middle?
- What will Livium allocate the A$794,280 toward?
- What percentage of the company will the 96.9 million new shares represent after issue?
- Can the additional capital contribute to progress across battery, solar-panel and rare-earth recycling?
