Capital Signal

AHX (ASX: AHX)

Sector: Health Care Equipment & Services

Apiam Animal Health Limited provides veterinary services and animal health products through two primary segments: Clinical Vet Services, which includes companion animal clinics and ACE Laboratories diagnostics, and Intensive Animal Veterinary Services, covering beef feedlot and pig operations. The company operates a network of clinics across Australia, supported by diagnostic laboratories and production animal consultancy services. As of August 2025, the company is implementing a Strategic Reset Program to improve clinic performance and reduce head office costs, while simultaneously evaluating a non-binding indicative proposal from Adamantem Capital for a full acquisition.

Data as of 23 Dec 2025.

Recent capital raises

DateTypeAmountPriceDiscountSource
21 June 2022Rights issue$20.25M$0.70—Filing ↗
15 Apr 2021Placement$6M$0.805.9% discountFiling ↗

Substantial holders — latest moves

DateHolderMoveHoldingSource
23 Dec 2025Harvest Lane Asset Management Pty Ltd and its associated entitiesIncrease6.110% → 7.290%Filing ↗
15 Dec 2025Harvest Lane Asset Management Pty LtdEntry?% → 6.110%Filing ↗
17 Aug 2025Pepper Bidco Pty LtdEntry?% → 19.900%Filing ↗
6 Sept 2024611 Fund, 611 FM Pty Ltd (ACN 611 160 671) ATF Theo Farr* TruatEntry?% → 13.440%Filing ↗
6 Sept 2024Regal Partners Funds Management Pty Ltd and its associatesExit—Filing ↗

Director trades — on-market

DateDirectorTradeSource
19 June 2025VITA PEPEBought 105,957 SharesFiling ↗
19 June 2025VITA PEPEBought 78,625 SharesFiling ↗
11 June 2025VITA PEPEBought 68,238 SharesFiling ↗
28 Mar 2025Christopher RICHARDSBought 165,032 shares (on-market purchases)Filing ↗
19 Mar 2025Christopher RICHARDSBought 112,406Filing ↗

Ask about AHX in Claude or ChatGPT

Add the Capital Signal connector at https://capitalsignal.io/api/mcp, then ask:

  • Has AHX raised money in the last year, and at what discount?
  • What was AHX's latest cash position and runway?

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AHX (ASX: AHX): capital raises, holders, director trades | Capital Signal