Ankündigung • May 01
Papyrus Australia Limited has completed a Follow-on Equity Offering in the amount of AUD 0.175 million. Papyrus Australia Limited has completed a Follow-on Equity Offering in the amount of AUD 0.175 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 17,500,000
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Ankündigung • Apr 23
Papyrus Australia Limited has filed a Follow-on Equity Offering in the amount of AUD 0.175 million. Papyrus Australia Limited has filed a Follow-on Equity Offering in the amount of AUD 0.175 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 17,500,000
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Feb 25
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$617k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$617k free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Negative equity (-AU$28k). Earnings have declined by 35% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$6.78m market cap, or US$4.79m). New Risk • Jan 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 35% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$8.01m market cap, or US$5.35m). Recent Insider Transactions Derivative • Dec 20
Executive Chairman exercised options to buy AU$85k worth of stock. On the 18th of December, Al Jawhari exercised options to buy 10m shares at a strike price of around AU$0.01, costing a total of AU$100k. This transaction amounted to 29% of their direct individual holding at the time of the trade. Since March 2025, Al's direct individual holding has increased from 30.82m shares to 44.81m. Company insiders have collectively bought AU$220k more than they sold, via options and on-market transactions, in the last 12 months. Ankündigung • Oct 28
Papyrus Australia Limited, Annual General Meeting, Nov 28, 2025 Papyrus Australia Limited, Annual General Meeting, Nov 28, 2025. Location: at the offices of bdo audit pty ltd, level 7, bdo centre, 420 king william street, adelaide sa 5000 Australia Ankündigung • Aug 12
Papyrus Australia Limited has completed a Follow-on Equity Offering in the amount of AUD 0.262 million. Papyrus Australia Limited has completed a Follow-on Equity Offering in the amount of AUD 0.262 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 26,200,000
Price\Range: AUD 0.01
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Ankündigung • Aug 04
Papyrus Australia Limited has filed a Follow-on Equity Offering in the amount of AUD 0.262 million. Papyrus Australia Limited has filed a Follow-on Equity Offering in the amount of AUD 0.262 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 26,200,000
Price\Range: AUD 0.01
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Apr 24
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 33% per year over the past 5 years. Revenue is less than US$1m (AU$673k revenue, or US$428k). Market cap is less than US$10m (AU$6.28m market cap, or US$3.99m). Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding). Ankündigung • Jan 26
Papyrus Australia Limited has completed a Follow-on Equity Offering in the amount of AUD 0.15 million. Papyrus Australia Limited has completed a Follow-on Equity Offering in the amount of AUD 0.15 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 13,636,363
Price\Range: AUD 0.011
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Ankündigung • Jan 23
Papyrus Australia Limited has filed a Follow-on Equity Offering. Papyrus Australia Limited has filed a Follow-on Equity Offering.
Security Name: Ordinary Shares
Security Type: Common Stock
Transaction Features: Subsequent Direct Listing Ankündigung • Oct 30
Papyrus Australia Limited Appoints Nick Di Girolamo as Non-Executive Director Papyrus Australia Limited announced the appointment of a new non-Executive Director Mr. Nick Di Girolamo, to the Papyrus Board effective from 29 October 2024. Mr. Di Girolamo has been a solicitor for over 30 years and was admitted to the Supreme Court of NSW in 1993. A well credentialed high-stake commercial negotiator, Mr. Di Girolamo has senior executive experience and robust leadership skills and is recognised for building strong long-term working relationships. He has gained commercial and financial management skills and strategic growth experience across a diverse portfolio during his career. Negotiating significant road and water Infrastructure contracts in NSW, Mr. Di Girolamo negotiated and oversaw the establishment of a public and private sector partnership with the NSW Government. Holding corporate board experience, Mr. Di Girolamo served as Chair of the Wests Tigers Rugby League Club, Chair of the Italian Chamber of Commerce (Sydney), and Director of the State Water Corporation (Water NSW). As Managing Director of a leading Sydney law firm and gaining extensive business experience in infrastructure, Mr. Di Girolamo decided on a fulltime return to law and started his own boutique law firm in 2020. Ankündigung • Oct 29
Papyrus Australia Limited, Annual General Meeting, Nov 27, 2024 Papyrus Australia Limited, Annual General Meeting, Nov 27, 2024. Location: the offices of bdo audit pty ltd, level 7, bdo centre, 420 king william street, adelaide sa 5000, Australia Board Change • Oct 11
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Independent Director David Attias was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Oct 06
Papyrus Australia Limited Announces Retirement of Edward Byrt as Non-Executive Director, Effective 18 November 2024 Papyrus Australia Limited announced that on behalf of the Board of Directors, the Executive Chair Mr. Al Jawhari announced the retirement of non-Executive Director Mr. Edward Byrt from the Papyrus Board effective 18 November 2024. Mr. Byrt joined the Papyrus Board in 2004 and was the Chair from 2009 to July 2024. During this substantial tenure, he oversaw of the early-stage development of the Papyrus technology for banana fibre transformation. Mr. Byrt with the board navigated difficulties over the last 15 years, such as the GFC and COVID- 19, and were able to address the financial requirements of the Company, maintain strong governance as well as sustaining developments that would realise beneficial commercial outcomes. Ankündigung • Jul 16
Papyrus Australia Limited Announces Executive Changes Papyrus Australia Limited announced that Mr. Edward Byrt has retired as chairman of the Company and Mr. Al Jawhari (an experienced international business executive) has been appointed as his replacement. Mr. Byrt remains a non-executive director of the Company. The appointment of Mr. Jawhari as Executive Chairman reflects the progression of the Company from research and development activities to product development and commercialisation and the need for the Chairman to take an increasing role as the Company transitions into marketing its technology internationally. Mr. Al Jawhari An internationally recognised business leader, Al Jawhari is an entrepreneur, innovator and technology commercialisation expert with more than 25+ years of C-level experience. His global experience spans through Defence Manufacturing, Retail, Agriculture, Food & Wine, e-commerce and software Platforms development. Al is currently the Co-Founder and Group Chief Executive Officer for Starke-AMG, Co-Founder for Innovate Inn, Co-Founder for Jewel Creek Farm, Vice President - Board Director and South Australia Chair for Australia Arab Chamber of Commerce and Industry, Advisory Board, Centre for Enterprise Dynamics in Global Economies UNISA Industry Advisory Member for Australian Institute of Business and Australia-NA Managing Partner for SeedForum Global. Al is a member of AIAA, AICD, Block Chain Council, Paul Harris Fellow in Rotary International and holds both US and Australian Patents in VR, Products Traceability, Anti Counterfeit platform/devices and Blockchain. Mr. Byrt, has being Chairman of the Company from 2009 to the present time. During that period, he has overseen the establishment of PPYEg (the joint venture company between PPY and EBFC in Egypt) and in particular guided the group through the GFC, the challenging governance issues that occurred in Egypt post 2011, the ongoing development of the intellectual property and oversaw the Company's financial requirements during his tenure. Board Change • Jun 13
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Independent Director David Attias was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Oct 27
Papyrus Australia Limited, Annual General Meeting, Nov 29, 2023 Papyrus Australia Limited, Annual General Meeting, Nov 29, 2023, at 10:30 AUS Central Standard Time. Location: BDO Audit Pty Ltd, Level 7, BDO Centre 420 King William Street Adelaide South Australia Australia Agenda: To consider the Financial Statements for the financial year ended 30 June 2023 and accompanying reports of the Directors and Auditor; to consider adoption of Remuneration Report; to consider re-election of Vincent Peter Rigano as Non-executive Director; to consider approval of additional 10% Placement Facility; and to consider other matters. New Risk • Sep 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.2m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 58% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$13.8m market cap, or US$8.81m). Minor Risk Shareholders have been diluted in the past year (4.9% increase in shares outstanding). New Risk • Aug 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.0m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 59% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$12.2m market cap, or US$7.93m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (4.2% increase in shares outstanding). New Risk • Jun 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.0m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 59% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$11.7m market cap, or US$7.92m). Minor Risk Shareholders have been diluted in the past year (4.2% increase in shares outstanding). Ankündigung • May 26
Papyrus Australia Limited Announces Resignation of Ramy Azer as Director Papyrus Australia Limited announced resignation of Ramy Azer as director. Date that director ceased to be director: 19 May 2023. Ankündigung • May 20
Papyrus Australia Limited Announces CEO Changes Papyrus Australia Limited Papyrus Australia Ltd. announced that Mr. Ramy Azer, the founder of the company and Managing Director, has retired from his Board appointment at Papyrus Australia to facilitate the planned consolidation of Papyrus Egypt announced to the market on 28 April 2023 and to concentrate on the planned project in Egypt involving the Government of Egypt, which will require his dedicated engagement. Mr. Azer will continue to represent the company in its relationship with the Government of Egypt initially to establish the contracted banana fibre moulded products factory. In light of Mr. Azer's retirement, the Board has appointed Daniel Schmidt as Interim CEO effective immediately. Mr. Schmidt most recently serving as the company's Chief Operating Officer, has played a vital role in the development and execution of business strategy and possesses a comprehensive understanding of operations. Mr. Azer will continue in a non-executive role to provide continued technical support to the business and a stable and orderly transition for Daniel Schmidt into the role. Ankündigung • Nov 30
Papyrus Australia Ltd Receives a Notice from Union Pacific Investments Pty Ltd On November 29, 2022, Papyrus Australia Ltd announced that it has received a notice from Union Pacific Investments Pty Ltd requested the Company to call and arrange an extraordinary general meeting of securityholders to move resolutions for the removal of 2 existing directors Edward Byrt and Vincent Rigano. Ankündigung • Nov 25
Papyrus Australia Ltd Announces Resignation of Kerry Chikarovski as Director Papyrus Australia Ltd. announced that Ms. Kerry Chikarovski has tendered her resignation as a director of the Company as from 25 November 2022. Ms. Chikarovski has been a director of the Company since 1 November 2021 during which time she provided strong governance leadership. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Non-Executive Independent Director David Attias was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Oct 21
Papyrus Australia Limited, Annual General Meeting, Nov 23, 2022 Papyrus Australia Limited, Annual General Meeting, Nov 23, 2022, at 10:30 Cen. Australia Standard Time. Location: Level 7 BDO Centre, 420 King William Street ADELAIDE SA 5000 Adelaide Australia Agenda: To consider Adoption of Remuneration Report; to consider Re-election of Kerry Chikarovski as Executive Director; to consider Approval of additional 10% Placement Facility; and to consider other business matters. Ankündigung • Jul 29
Papyrus Australia Limited Appoints Pascal Gouel as Executive Director - International Business Development Papyrus Australia Ltd. advised that it has appointed Pascal Gouel as Executive Director - International Business Development, effective from 29 July 2022. Mr. Gouel's appointment is an important step in facilitating the Company's strategic objectives in the international market. Pascal's time spent working in Egypt, Kuwait, Saudi Arabia and THE United Arab Emirates will be invaluable in assisting the Company in finalising the commercialisation agreements with the Egyptian Government and Al-Ahram. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director David Attrias was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Jan 09
Papyrus Australia Ltd. Produces World First 100% Banana Fibre Clam Shell Moulded Product by Leased Moulded Fibre Packaging Facility in Sharqiah, Egypt Papyrus Australia Ltd. announced that the leased moulded fibre packaging facility in Sharqiah, Egypt has produced a world first 100% Banana Fibre Clam Shell moulded product. With the achievement of this milestone, the Company now has the ability to: output 6,300 clam shells per hour from the fibre packaging facility; provide these samples to potential clients, including those interested in establishing a banana fibre food packaging products facility; supply any surplus output under an "off-take" agreement to the Halim family operation Al Ahram to replace plastic food packaging and complete negotiations with the Halim family business Al Ahram to enable Al Ahram to establish their own banana fibre food packaging products facility. This outcome represents a significant IP gain in the preparation of banana fibre for moulding, the design of the moulds themselves, and the construction of moulding lines to successfully mould the Company's banana fibre products. Board Change • Nov 09
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director David Attrias was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Mar 12
Papyrus Australia Limited (ASX:PPY) acquired an additional of 13.164% stake in Egypt Banana Fibre Company for AUD 0.32 million. Papyrus Australia Limited (ASX:PPY) acquired an additional 13.164% stake in Egypt Banana Fibre Company for AUD 0.32 million on December 31, 2020.
Papyrus Australia Limited (ASX:PPY) completed the acquisition of an additional 13.164% stake in Egypt Banana Fibre Company on December 31, 2020. Ankündigung • Jan 04
Papyrus Australia Limited Announces Resignation of Steve Howe as Director Papyrus Australia Ltd. announced that Mr. Steve Howe has retired as a director of the Company for personal health reasons as from 1 January 2021. Mr. Howe has been a director of the Company since 8 September 2020. Ankündigung • Dec 13
Papyrus Australia Limited announced that it has received AUD 2.3 million in funding On December 11, 2020, Papyrus Australia Limited (ASX:PPY) closed the transaction. Ankündigung • Nov 18
Papyrus Australia Limited announced that it has received AUD 0.23 million in funding Papyrus Australia Limited (ASX:PPY) announced that it has issued 23,000,000
common shares at a price of AUD 0.10 per share for the gross proceeds of AUD 230,000 on November 17, 2020. Ankündigung • Nov 16
Papyrus Australia Limited Appoints David Attias as A Director Papyrus Australia Limited announced the appointment of David Attias as a director effective from the 13 November 2020. David has over 17 years of experience in corporate finance and as an entrepreneur. He is also currently the director of L39 Capital. Reported Earnings • Oct 04
Full year earnings released - AU$0.00052 loss per share Over the last 12 months the company has reported total losses of AU$133.7k, with losses widening by 22% from the prior year. Ankündigung • Oct 02
Papyrus Australia Limited announced that it expects to receive AUD 0.5 million in funding Papyrus Australia Limited (ASX:PPY) announced a private placement of 41,666,667 common shares at a price of AUD 0.012 per share and 41,666,667 options for aggregate gross proceeds of AUD 500,000 on October 2, 2020. The transaction will include participation from new investor L39 Capital. The company will issue 11,075,000 shares in tranche 1, without shareholder approval, 30,591,667 shares in tranche 2 and 41,666,667 options in tranche 3, subject to completion of due diligence and shareholder approval, which will be sought at the annual general meeting to be held on November 11, 2020. The options are exercisable at a price of AUD 0.015 and will expire until 18 months. As a part of the transaction, the investor will join company's board of directors.