Asset Vision Co Ltd · ASX:ASV
Asset Vision — Shareholder Meeting (November 2018)
18 slides from Asset Vision's shareholder meeting presentation, Nov 20, 2018
Slide 1: Annual General Meeting
Annual General Meeting Tuesday 20th November 2018 – 11:00am www.pscgroup.com.au
Slide 2: Agenda
Agenda Item Details 1 Chairman and CEO Presentations 2 Formal Business of Meeting including Meeting Resolutions 2.1 Financial Statements and Reports 2.2 Remuneration Report 2.3 Re-election of Director 2.4 Ratification and approval of previous allotment and issue of securities 2.5 Approval of placeme
Slide 3: Chairman and CEO Presentation
Chairman and CEO Presentation www.pscgroup.com.au
Slide 4: FY18 Highlights
FY18 Highlights 100 Revenue ($m) 80 • Revenues of $78.3 million compared to $73.9 million in FY17, an 60 increase of 6% FY18 FY17 FY16 • Normalised Operating Group EBITDA $7.2 million compared to $6.1 million in FY17 an increase of 18% Normalised EBITDA ($m) 10 • 420 consultants at 30 June 2018 comp
Slide 5: FY18 Highlights - Operational
FY18 Highlights - Operational • Bedded down the restructure activities undertaken during FY17 streamlining key operational functions resulting in efficiencies that will allow the Company to administer a significantly larger revenue base on a lower average cost • Expanded our People and Culture funct
Slide 6: Our Framework
Our Framework UNIQUE SKILLS BACKED BY SHARED APPROACH OFFERINGS • PS+C operates a federated model where our specialist brands are grouped under 4 key delivery pillars • With 420+ employees we deliver BRANDS consulting and managed services to the Australian market • Our businesses provide specialist
Slide 7: Strategic Priorities for FY19
Strategic Priorities for FY19 • Build on existing relationships with Enterprise Clients and Government Agencies with a target of adding three new clients above $5m of spend • Increased ratio of permanent consultants to contractor consultants • Increase focus on our people through a more capable HR f
Slide 8: Summary and Outlook
Summary and Outlook • FY18 was a year that consolidated the restructure activities Ready for growth in undertaken in FY17 with the focus on “getting the house in order” FY19 • We are in a stronger position on a number fronts – streamlined Consultant Growth Back Office, stronger HR, Recruitment & S
Slide 9: Formal Business of Meeting including Meeting Resolutions
Formal Business of Meeting including Meeting Resolutions www.pscgroup.com.au
Slide 10: Financial Statements & Reports
Financial Statements & Reports Item 1 – Table Financial Statements & Reports To receive and consider the reports of the Directors and the Auditor and the Financial Statements for the year ended 30 June 2018 for the company and its controlled entities released to the market on 30th August 2018.
Slide 11: Remuneration Report
Remuneration Report Ordinary Resolution 1 - Consideration of Remuneration Report "That the Remuneration Report included within the Directors' Report of the Company for the financial year ending on 30 June 2018 be adopted." Voting Summary Votes For Votes Open Total Exclusions Abstain Against Useable
Slide 12: Election of a Director
Election of a Director Ordinary Resolution 2 – Re-election of a Director "That, Nigel Warren, is re-elected as a Director of the Company according to clause 12.17 of the Constitution of the Company." Voting Summary Votes For Votes Open Total Exclusions Abstain Against Useable Votes 41,241,965 6,241,
Slide 13: Ratification of Previous issue of Shares
Ratification of Previous issue of Shares Ordinary Resolution 3 - Ratification of Previous issue of Shares "That the members ratify the issue and allotment of 19,177,632 shares in PS&C as part consideration for the acquisition of the shares in Sacon Group Pty Ltd under a Share Sale and Purchase Agree
Slide 14: Ratification of Previous issue of Shares
Ratification of Previous issue of Shares Ordinary Resolution 4 - Ratification of Previous issue of Shares "That the members ratify the issue and allotment of 15,407,882 shares in PS&C - as part consideration for the acquisition of the shares in Bexton IT Services Pty Ltd under a Share Sale and Purch
Slide 15: Approval of Placement Facility
Approval of Placement Facility Ordinary Resolution 5 - Approval of Placement Facility "that, for purposes of ASX listing rule 7.1A, shareholders approve the Company having the capacity to issue fully paid ordinary shares in the capital of the company up to the maximum permitted under ASX listing rul
Slide 16: Approval of Proposed Issue of Performance Rights
Approval of Proposed Issue of Performance Rights Ordinary Resolution 6 - Approval of Proposed Issue of Performance Rights to Nigel Warren "That the members approve the issue of performance rights for the benefit of Nigel Warren under the Company's Employee and Director Benefit Plan on the terms set
Slide 17: Ratification of Proposed Issue of Shares
Ratification of Proposed Issue of Shares Ordinary Resolution 7 - Ratification and approval of previous allotment and issue of securities "That the members ratify the issue and allotment of 3,105,590 shares in PS&C as part consideration for the acquisition of the shares in NTH Consulting Pty Ltd unde
Slide 18: Disclaimer
The material in this presentation is a summary of the results of PS&C Ltd (PS&C) for the year ended 30 June 2018 as at the 23rd August 2018 together with an update on PS&C’s activities, and is current at the date of preparation. Further details are provided in the Company’s half year accounts and re