Growthpoint Properties Australia · ASX:GOZ
Growthpoint Properties Australia — Shareholder Meeting (March 2016)
25 slides from Growthpoint Properties Australia's shareholder meeting presentation, Mar 30, 2016
Slide 1: Annual General Meeting
Growthpoint Properties Australia Annual General Meeting 24 November 2011
Slide 2: Agenda
Agenda 1 Chairman’s Address 2 Group Overview & Strategy Presentation 3 Combined Annual Report - Trust & Company 4 Voting on Resolutions 5 Close of Meeting Presenter Lyn Shaddock Independent Chairman
Slide 3: Chairman's Address
Growthpoint Properties Australia Chairman’s Address Lyn Shaddock Independent Chairman
Slide 4: Group Overview & Strategy
Growthpoint Properties Australia Group Overview & Strategy Timothy Collyer Managing Director
Slide 5: Overview of GOZ
Overview of GOZ Simple Structure Key Investment Features •GOZ listed on the Australian Securities Exchange Modern •AUD $1.24 billion office & industrial properties A-REIT (ASX) Properties •Average age of approx. 5 years •Australian Real Estate Investment Trust •4 newly built “green” buildings purcha
Slide 6: Financial Position
Financial Position Distributable Income Balance Sheet FY2011 ($'000) Assets JUNE 2011 ($'000) Property income 88,419 Cash and cash equivalents 24,144 Property expenses (9,217) Investment properties 1,157,703 Net property income 79,202 Other assets 8,263 Interest income 863 Total assets 1,190,110 Oth
Slide 7: Property Portfolio
Property Portfolio LEASE EXPIRY PROFILE - BY INCOME TOP TEN TENANTS % OF TENANTS PASSING RENT Woolworths Limited 37% GE Capital Fiannce Australasia 9% Coles Group Limited 6% Sinclair Knight Mertz 5% Energex Limited 5% Star Track Express 3% ASSET DIVERSIFICATION Tasmanian Government 2% Coffey Interna
Slide 8: Comparative Returns
Comparative Returns COMPARATIVERETURNS FOR YEAR ENDED 30 JUNE 2011 COMPARATIVE PRICE FROM AUGUST 2009 $2.20 $2.00 Security Price ($/security) $1.80 $1.60 $1.40 $1.20 Nov-09 Dec-09 Nov-10 Dec-10 Nov-11 Oct-09 Apr-10 Oct-10 Apr-11 Oct-11 Jan-10 Jun-10 Jan-11 Jun-11 Jul-10 Jul-11 Feb-10 Mar-10 Feb-11 M
Slide 9: Case Studies
Case Studies Rabinov Property Trust Takeover Energex, Nundah, QLD • Friendly takeover of ASX listed A-REIT • A-Grade office building of 12,900m2 under construction • $184 million, 4 office buildings, 2 industrial properties • End value $82.5 million • Scrip for scrip, NTA to NTA transaction • 4.5 st
Slide 10: Strategy & Outlook
Strategy & Outlook Strategy Positive Outlook • Maintain robust and proven strategy • Continue to manage the portfolio to maximise income to • Internalised management securityholders • 100% investment in Australia • Keep attributes of 100% occupancy, long term WALE, quality • No funds management tena
Slide 11: Combined Annual Report – Trust & Company
Growthpoint Properties Australia Combined Annual Report – Trust & Company
Slide 12: Item 1: Financial Statements & Reports – Company & Trust
Item 1: Financial Statements & Reports – Company & Trust To receive and consider: a) The financial reports and the reports of the Directors and the auditors in respect of the Company for the financial year ended 30 June 2011; and b) The financial reports and the reports of the Directors and the audi
Slide 13: Item 2: Remuneration Report – Company Only
Item 2: Remuneration Report – Company Only To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That the Remuneration Report of the Company (which forms part of the Directors’ Report) for the financial year ended 30 June 2011 be adopted.” The Remuneration Rep
Slide 14: Item 2: Remuneration Report – Proxies Received
Item 2: Remuneration Report – Company Only Proxies Received VOTE VOTES % For 237,343,689 99.67 Against 636,009 0.27 Open 276,534 0.07 Abstain 219,517 N/A Growthpoint Properties Australia | Annual General Meeting | 24 November 2011 | Page 14
Slide 15: Item 3: Re-Election of Directors – Company Only
Item 3: Re-Election of Directors – Company Only To consider and, if thought fit, to pass the following as separate ordinary resolutions: a) “That Mr Lyn Shaddock who was appointed a Director of 5 August 2009, retires under rule 11.1(d) of the Company’s constitution and, being eligible, offers himsel
Slide 16: Item 3: Re-Election of Directors – Proxies Received
Item 3: Re-Election of Directors – Company Only Proxies Received Re-elect Lyn Shaddock Re-elect Francois Marais VOTE VOTES % VOTE VOTES % For 237,979,835 99.79 For 237,959,057 99.78 Against 75,510 0.03 Against 96,288 0.04 Open 436,200 0.18 Open 436,200 0.18 Abstain 68,654 N/A Abstain 68,654 N/A Grow
Slide 17: Item 4: Increase in Aggregate Cap of Non-Executive Directors' Remuneration
Item 4: Increase in Aggregate Cap of Non-Executive Directors’ Remuneration – Company Only To consider and, if thought fit, pass the following resolution as an ordinary resolution: “That, in accordance with rule 11.3(a) of the Company’s constitution, the maximum aggregate amount of remuneration which
Slide 18: Item 4: Directors' Remuneration Cap – Proxies Received
Item 4: Increase in Aggregate Cap of Non-Executive Directors’ Remuneration – Company Only Proxies Received VOTE VOTES % For 237,144,235 99.52 Against 985,156 0.41 Open 275,113 0.07 Abstain 98,023 N/A Growthpoint Properties Australia | Annual General Meeting | 24 November 2011 | Page 18
Slide 19: Item 5: Approval of Employee Incentive Plan
Item 5: Approval of Employee Incentive Plan – Company Only To consider and, if thought fit, pass the following as an ordinary resolution: “That for all purposes including exception 9 to ASX Listing Rule 7.2 the Growthpoint Properties Australia Employee Incentive Plan (Plan), a summary of which is se
Slide 20: Item 5: Employee Incentive Plan – Proxies Received
Item 5: Approval of Employee Incentive Plan – Company Only Proxies Received VOTE VOTES % For 237,377,950 99.53 Against 692,381 0.29 Open 433,774 0.18 Abstain 56,094 N/A Growthpoint Properties Australia | Annual General Meeting | 24 November 2011 | Page 20
Slide 21: Item 6: Approval of Issue to Timothy Collyer
Item 6: Approval of Issue to Timothy Collyer (Managing Director) – Company Only To consider and, if thought fit, pass the following as an ordinary resolution: “That for all purposes the issue of Performance Rights to Timothy Collyer under the Employee Incentive Plan, in accordance with the rules of
Slide 22: Item 6: Issue to Managing Director – Proxies Received
Item 6: Approval of Issue to Timothy Collyer (Managing Director) – Company Only Proxies Received VOTE VOTES % For 237,112,362 99.44 Against 903,118 0.38 Open 435,699 0.18 Abstain 109,020 N/A Growthpoint Properties Australia | Annual General Meeting | 24 November 2011 | Page 22
Slide 23: Voting on Resolutions
Growthpoint Properties Australia Voting on Resolutions
Slide 24: Close of Meeting
Growthpoint Properties Australia Close of Meeting Please join the Directors & Management for refreshments Visit the Group’s website at www.growthpoint.com.au
Slide 25: Glossary & Disclaimer
Glossary & Disclaimer A-IFRS Australian International Financial Reporting Standards A-REIT Australian Real Estate Investment Trust cps cents per stapled security dps distributions per stapled security Energex Nundah the building to be constructed at 1231-1241 Sandgate Road, Nundah, Brisbane, Queensl
Growthpoint Properties Australia — Shareholder Meeting (March 2016) on 6ix