TRINITY BIOTECH PLC (TRIB) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 13, 2026

Risk Assessment Details

Potential Dilution: 1068.41% of current shares
Recent Dilution: 108.52% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
410M
Potential Supply
4.3B
Additional shares possible
Splits
None
Past 2 years

Summary

TRIB currently has 405M outstanding shares. with significant dilution risk as 4.33B authorized shares could dilute existing holders by 1068.4%. The company has significantly diluted shareholders by 108.52% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 13, 2026

F-3 filing: This filing involves the registration of up to 167,950,998 ADSs, representing 3,359,019,957 Ordinary Shares, to be offered for resale by selling shareholders upon the potential conversion of conversion obligations.

410M 4.3B
May 13, 2026

F-3 filing: The company is registering 33,752,429 ADSs to be sold by a selling securityholder and establishing a framework for potential future sales of ADSs to said securityholder under a purchase agreement for up to $25 million in gross proceeds.

410M 970M
Apr 30, 2026

20-F filing | 374.2M shares outstanding

370M 1B
Jan 15, 2026

F-1 filing: This F-1 filing indicates an offering of ADSs by a selling shareholder. The company will not receive any proceeds from the sale of the ADSs.

370M 1B
May 16, 2025

20-F filing | 359.2M shares outstanding

360M 0
Mar 21, 2025

F-3 filing: This is an F-3 filing related to the indemnification of directors and officers, exhibits, undertakings, and includes information on ADSs offered by a selling shareholder, A Ordinary Shares outstanding, use of proceeds, and risk factors.

380M 0
Nov 15, 2024

F-3 filing: This F-3 filing from 2024-11-15 relates to a shelf offering of 650,000 ADSs, with each ADS representing 20 A Ordinary Shares. The selling shareholder is offering these ADSs, and the company will not receive any proceeds from the sale. As of November 14, 2024, there were 357,005,182 A Ordinary Shares outstanding.

360M 0
Jun 21, 2024

F-3 filing: The company filed an F-3 form to offer A Ordinary Shares, warrants to purchase A Ordinary Shares, debt securities (including convertible debt securities), and subscription rights up to $50,000,000.

190M 49M
Apr 30, 2024

20-F filing | 153.3M shares outstanding

150M 85M
Apr 30, 2024

F-3 filing: This is an F-3 filing for the registration of ADSs offered by the selling shareholder.

190M 49M
May 16, 2023

20-F filing | 152.4M shares outstanding

150M 30M
Mar 23, 2023

POS AM filing: This is a POS AM filing related to the offering of ADSs by a selling shareholder.

150M 29M
Aug 30, 2022

F-3 filing: This is an F-3 filing related to the offering of ADSs by a selling shareholder. The company will not receive any proceeds from the sale. The filing includes information about indemnification of directors and officers, exhibits, and undertakings.

150M 32M
May 16, 2022

F-3 filing: This F-3 filing includes information about indemnification of directors and officers, exhibits, and undertakings. It also mentions an offering of 2,500,000 ADSs by a selling shareholder and the potential receipt of up to $3,250,000 from warrant exercises.

150M 21M
May 02, 2022

20-F filing | 83.6M shares outstanding

84M 87M
Apr 30, 2021

20-F filing | 83.6M shares outstanding

84M 87M
Jul 06, 2020

F-3 filing: The company is filing an F-3 form to offer 'A' Ordinary Shares, warrants, debt securities, subscription rights, or any combination of these, up to a total of $200,000,000.

84M 87M
Jun 15, 2020

20-F filing | 83.6M shares outstanding

84M 0
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