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OPTHEA LIMITED(OPT)

Click here for free access to this company's:
ASX, Legal & CGT Status

Former (or subsequent) names

Shareholder links

Our website ranking of OPT: rating 4
(4 out of 5)
COMPANY WEBSITE:

 

REGISTRY:

Yarra Falls, 452 Johnston Street, Abbotsford VIC 3067

Tel : +61 (0)3 9415 4000 or 1300 850 505 (within Australia)
Fax : +61 3 9473 2500
RegistryWebsite RegistryEmail

Company details

ISIN: AU000000OPT2
Address: C/- Prime Company Compliance, Level 9, 505 Little Collins Street, Melbourne, VIC 3000
Tel:  (03) 9826 0399 Fax: (03) 9824 0083

Date first listed: 18/04/1991
Company Secretary: 
Sector: Pharmaceuticals Biotechnology & Life Sciences Industry Group: XHJ
Activities: Opthea is a drug development company developing innovative, biologics-based therapies for the treatment of eye disease

News & Events

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Securities of the company have been suspended for over three months, as detailed in the table unfiled periodic reports, deadlines for the oldest report, and two-year plans for resuming trade. Failure to meet these deadlines leads to removal from the official list after the specified trading day.

15/10/2025

The company will hold its annual general meeting virtually on November 11, 2025, 9:00am (Melbourne time).

10/10/2025

The company has received an A$10.8 million R&D tax incentive for costs incurred in 2024/2025, aiding development of sozinibercept.

06/10/2025

The company will hold its annual general meeting at 9am (AEDT) on 11 November 2025.

16/09/2025

The company lodges its annual report to shareholders and corporate governance statement.

15/09/2025

Shareholders in this company should consider crystallising a capital loss in 2025/26 by selling their shares. This process is now much easier and quicker. It can be achieved online by entering transaction details here. While, this usually makes good economic sense we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person.

12/09/2025

S&P Dow Jones Indices announced a quarterly rebalance of the S&P/ASX Indices for September 2025, effective before trading opens on September 22, 2025.

05/09/2025

The company releases its application for quotation of securities.

05/09/2025

The company releases its preliminary final report.

29/08/2025

The company releases its Corporate Update Investor Call Presentation.

20/08/2025

The company lodges its application for quotation of securities.

19/08/2025

The company has reached a successful settlement of the Development Funding Agreement with two investors, Ocelot SPV LP and Sanba II Investment Company. The DFA was terminated in March 2025 due to unmet clinical trials, triggering payments of up to USD680 million. The company has now reached a binding agreement with the DFA Investors to terminate the DFA, resulting in an equity subscription deed.

19/08/2025

The company lodges its application for quotation of securities.

08/08/2025

The company releases its quarterly activities/appendix 4C cash flow report.

30/07/2025

Entities with securities suspended for over three months must lodge periodic reports, meet a 1 year deadline for the oldest outstanding report, and execute plans for resuming trading to ASX's satisfaction. Failure to meet deadlines results in removal from the official list.

16/07/2025

The company provides a corporate update. Opthea Limited has resigned four directors due to negative Phase 3 trials and a 65% workforce reduction. The company is in active negotiations with its Development Funding Agreement investors to find the best outcome for shareholders. Trading in Opthea's listed securities has been suspended until further clarity is provided.

02/06/2025

The company lodges its quarterly activities and appendix 4C.

30/04/2025

The company has announced a 65% workforce reduction to preserve cash following the termination of its COAST and ShORe Phase 3 clinical trials. The reduction will be effective from May 1, 2025, with one-off costs of approximately $4.5M and monthly employee costs of $1M. Opthea estimates unaudited cash and cash equivalents of $100M at the end of March 2025.

10/04/2025

The company's securities were suspended due to breach of Listing Rule 12.2, and will continue suspension until compliance is confirmed.

31/03/2025

The company discontinues wet AMD trials, including COAST and ShORe, due to accelerated topline results and failure to meet primary endpoint. Opthea and DFA Investors agree to terminate both trials.

31/03/2025

The company has announced the results of its COAST Phase 3 clinical trial. The trial did not meet the primary endpoint of mean change in best corrected visual acuity from baseline to week 52.

24/03/2025

The securities of Opthea Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of OPT, pending the release of an announcement regarding clinical trial results.

19/03/2025

The following Options of Opthea Limited will be reinstated to quotation from the commencement of trading on Thursday, 18 July 2024: OPTOB

17/07/2024

The options of Opthea Limited will be suspended immediately in accordance with Listing Rule 17.3, as there will be no deferred settlement trading. The options are expected to be quoted on a normal settlement basis on Thursday, 18 July 2024. The suspension only applies to OPT's options (ASX: OPTOB) and does not apply to any other quoted securities of OPT.

11/07/2024

The suspension of trading in the options (ASX: OPTOA) of Opthea Limited will be lifted immediately.

22/09/2023

The options of Opthea Limited will be suspended immediately in accordance with Listing Rule 17.3, as there will be no deferred settlement trading. The options are expected to be quoted on a normal settlement basis on Friday, 22 September 2023. The suspension only applies to OPT's options and does not apply to any other quoted securities of OPT.

15/09/2023

name changed from Circadian Technologies Limited

14/12/2015

 

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ASX, Legal & CGT Status

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    Click here for free access to this company's:
    ASX, Legal & CGT Status

    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNUMBERPRICEAMOUNT
    04/04/2019Megan Baldwin-667,000$0.660$440,220.00
    24/04/2017Michael Sistenich200,178$0.930$186,166.00
    24/05/2013Robert Klupacs5,000$0.250$1,250.00
    22/05/2013Robert Klupacs42,000$0.260$10,920.00
    16/05/2013Tina McMeckan30,000$0.251$7,539.00

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Jeremy LevinChairman12/10/2020
    Lawrence GozlanNon Exec Director24/07/2020
    Kathy ConnellNon Exec Director15/11/2024
    Karen AdamsCompany Secretary

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION

    Date of first appointment, title may have changed.