Macquarie Group, Ltd. · ASX:MQG
Macquarie — Shareholder Meeting (December 2013)
13 slides from Macquarie's shareholder meeting presentation, Dec 12, 2013
Slide 1: General Meeting
For personal use only Macquarie Group Limited General Meeting 12 December 2013
Slide 2: Disclaimer
Disclaimer For personal use only The material in this presentation has been prepared by Macquarie Group Limited ABN 94 122 169 279 (Macquarie) and is general background information about Macquarie’s activities current as at the date of this presentation. This information is given in summary form and
Slide 3: General Meeting: Chairman Kevin McCann AM
For personal use only General Meeting Kevin McCann AM Chairman Macquarie Group Limited 12 December 2013
Slide 4: Agenda
Agenda For personal use only 01. Overview of transaction 02. Formal Business PAGE 4
Slide 5: Overview of transaction
For personal use only 01 Overview of transaction
Slide 6: Proposed distribution of SYD securities to Macquarie shareholders
Proposed distribution of SYD securities to Macquarie shareholders For personal use only • Subject to shareholder approval, Macquarie proposes to distribute to its shareholders one stapled security in ASX listed Sydney Airport (SYD) for each Macquarie ordinary share held. This amounts to approx. 340m
Slide 7: Implications for Macquarie
Implications for Macquarie For personal use only If the proposed distribution of SYD securities to Macquarie shareholders is approved, the impact on Macquarie would be: • A gain on distribution recognised in the income statement on the distribution date based on SYD’s closing share price on the trad
Slide 8: Board recommendation
Board recommendation For personal use only • The Board recommends that you vote in favour of the proposal for the following reasons: • An in specie distribution is an equitable way to distribute the value in SYD to Macquarie shareholders – Eligible shareholders can directly participate in the owners
Slide 9: Formal Business
For personal use only Formal Business 02
Slide 10: Item 1: Approval of Constitution Amendment Resolution
Item 1: For personal use only Approval of Constitution Amendment Resolution • To consider and, if thought fit, pass the following as a special resolution: – That the Constitution of Macquarie Group Limited is amended by substituting articles 15.6 and 15.7 in the Schedule to the Explanatory Memorandu
Slide 11: Item 2: Approval of Capital Return Resolution
Item 2: For personal use only Approval of Capital Return Resolution • To consider and, if thought fit, pass the following as an ordinary resolution: – That subject to and conditional upon the passing of the Constitution Amendment Resolution, for the purposes of Part 2J.1 of the Corporations Act 2001
Slide 12: Item 3: Approval of Consolidation Resolution
Item 3: For personal use only Approval of Consolidation Resolution • To consider and, if thought fit, pass the following as an ordinary resolution: – That subject to and conditional upon the passing of the Constitution Amendment Resolution and the Capital Return Resolution, with effect immediately a
Slide 13: General Meeting December 2013
For personal use only Macquarie Group Limited General Meeting 12 December 2013
Macquarie Group — Shareholder Meeting (December 2013) on 6ix