Eqt Holdings Ltd. · ASX:EQT
Eqt — Equity Trustees — Shareholder Meeting (November 2015)
21 slides from Eqt's shareholder meeting presentation, Nov 27, 2015
Slide 1: Equity Trustees Limited Scheme Meeting
EQUITY TRUSTEES LIMITED (EQT) Scheme Meeting Friday 27 November 2015 at 12.00pm For personal use only (or as soon after that time as EQT's Annual General Meeting has been concluded or adjourned) Chairman’s script Slide 1: Cover page 12.00pm – PRELIMINARY MATTERS 1. Good afternoon ladies and gentleme
Slide 2: Chairman's Introduction and Scheme Resolution
5. A copy of the Scheme is set out in Schedule 1 to the Scheme Booklet dated 12 October 2015. 6. The notice convening the Scheme Meeting has been distributed to For personal use only shareholders as part of the Scheme Booklet. CHAIRMAN’S INTRODUCTION 7. As you know I will be inviting you to vote on
Slide 3: Court approval, listing timetable and tax ruling
12. If approved by shareholders today, EQT will seek the final approval of the Supreme Court of Victoria on Wednesday, 2 December 2015. If court approval is granted, that will also be the last day of For personal use only trading of EQT shares on the ASX. 13. Shares in EQT Holdings Limited will be l
Slide 4: Rationale for the corporate structure update
18. The decision to update the EQT Group’s corporate structure (which has been in place as it stands for a number of years), is a reflection of the substantial growth of the group, both organically and by For personal use only acquisition, and our desire to create the most efficient and flexible str
Slide 5: Shareholder questions 1 and 2
Question 1: Slide 3 23. This year we invited questions from shareholders to be submitted prior to the AGM. In relation to the Scheme Meeting, we have received the following three questions from shareholders which I For personal use only will now address: 24. Q: “Will the Dollar value at the time of
Slide 6: Response to question 2 and question 3
But I refer you to the comments on our strategic directions that the Managing Director and I made at our AGM earlier, and our focus on continuing to be Australia’s leading independent, listed fiduciary company. For personal use only That implies that our trustee company heritage will be maintained i
Slide 7: Response to question 3 and formal business
R: It is fully intended that the name ‘Equity Trustees’ will continue to be the name that clients and other external parties will recognise and be aware of in all their dealings with us. The actual operating, licensed “Equity Trustees Ltd” company For personal use only remains entirely in place, doi
Slide 8: Voting entitlements and notice of meeting
32. Shareholders entitled to vote on the Scheme resolution will have one vote for every fully paid share held in EQT. 33. Those of you who are eligible to vote at this meeting should have For personal use only received a green voting card on registration this morning. If you have not yet registered
Slide 9: Scheme Resolution (repeated)
Slide 7: Resolution (repeated) Scheme Resolution For personal use only [CHECK TEXT OF THE RESOLUTION IS ON THE SCREEN.] 40. On the screen is the text of the Scheme Resolution, as set out in the notice of this meeting. 41. If the resolution is passed today and all remaining conditions satisfied (incl
Slide 10: Poll
Poll 44. Pursuant to orders of the Court, I now call for a poll on the resolution. Representatives of Computershare Australia will For personal use only conduct the poll. 45. Please now complete your green voting card. If you approve of the resolution – mark the box headed "FOR"; if you do not a
Slide 11: Poll closed and result
48. I now declare the poll closed and adjourn this meeting for 30 minutes while the votes on the poll are tallied. For personal use only 49. You are most welcome to join us for refreshments in the foyer. 50. If you are unable to stay and attend the reconvened meeting, the results of this poll will b
Slide 12: Closure
CLOSURE 55. Ladies and gentlemen, that concludes the formal business of the meeting and as there is no other business to be considered I For personal use only declare this meeting closed. 56. Thank you for your attendance and for your support of the company as we now move on to implement the signifi
Slide 13: Scheme Meeting November 2015
For personal use only SCHEME MEETING 27 November 2015 1
Slide 14: Scheme Resolution
Scheme Resolution For personal use only That, pursuant to and in accordance with section 411 of the Corporations Act, the scheme of arrangement proposed between Equity Trustees Limited and the holders of its ordinary shares, as contained in and more particularly described in the document of which th
Slide 15: Question 1
Question 1 For personal use only “Will the Dollar value at the time of acceptance of the “Scheme” of EQT shares be like for like when transferred to the “NEW CO” shares and then on to whatever the new company name and their share name. Will a $1.00 share remain as a $1.00 share or will this be reduc
Slide 16: Question 2
Question 2 For personal use only “This “scheme” appears to be almost a “Fait Au Complet”. What guarantee will be given that the licensed trustee company(s) will not be traded off. What Guarantee will be given by the board that it’s implementation of the scheme and beyond all shareholders will not be
Slide 17: Question 3
Question 3 For personal use only “I am concerned with the scheme arrangement the name Equity Trustees ….. Company will disappear or be down profiled. The name itself is historic it has been part of the historical evolution of Melbourne and is respected among, certainly older generation. I fear it co
Slide 18: Scheme Resolution vote tally
For personal use only To consider the approval of the Scheme Resolution The following votes have been tallied: For Against 11,064,628 38,036 Open (held by Equity Trustees Directors) = 187,084 6
Slide 19: Scheme Resolution
Scheme Resolution For personal use only That, pursuant to and in accordance with section 411 of the Corporations Act, the scheme of arrangement proposed between Equity Trustees Limited and the holders of its ordinary shares, as contained in and more particularly described in the document of which th
Slide 20: Disclaimer
Disclaimer For personal use only Equity Trustees Limited ABN 46 004 031 298, Australian Financial Services Licence No 240975. This document was prepared by Equity Trustees Limited and is only provided for information purposes. It is not intended to take the place of professional advice and you shoul
Slide 21: For personal use only
For personal use only 9
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