Asset Plus Limited · NZX:APL

Asset Plus — Shareholder Meeting (March 2018)

9 slides from Asset Plus's shareholder meeting presentation, Mar 19, 2018

  1. Slide 1: Special Meeting of Shareholders

    Special Meeting of Shareholders 19 March 2018

  2. Slide 2: Bruce Cotterill, Board Chairman

    Bruce Cotterill Board Chairman 1

  3. Slide 3: Introductions – NPT Board

    Introductions – NPT Board Bruce Cotterill Carol Campbell NON-EXECUTIVE INDEPENDENT NON-EXECUTIVE INDEPENDENT CHAIRMAN DIRECTOR Allen Bollard Paul Duffy NON-EXECUTIVE INDEPENDENT NON-EXECUTIVE DIRECTOR DIRECTOR 2

  4. Slide 4: Voting, Speakers, Notice of Meeting

    Voting At the appropriate point I will give an opportunity for discussion and then put the motion to the vote. Voting will be by poll and only shareholders or proxy holders may vote. Speakers Should you wish to address a comment or question to the Chair, please raise your hand. By way of introductio

  5. Slide 5: Agenda

    Agenda The meeting agenda will follow the format set out in the Notice of Meeting.  First we will discuss the Proposed Transaction set out in Resolution 1.  We will then vote on that resolution.  Once the voting has been concluded we will finish with general business. 4

  6. Slide 6: Resolution 1

    Resolution 1 For the purposes of Listing Rule 9.2.1 the sale of management rights of NPT Limited to, and entering into a management agreement with, Augusta Funds Management Limited as described in more detail in the Explanatory Notes accompanying the Notice of Meeting, be and is approved. 5

  7. Slide 7: Key Features of the Proposal

    Key Features of the Proposal  NPT will receive a one-off payment of $4.5m from Augusta.  NPT will enter into a Management Agreement with Augusta that is unique in the sector in that it may be terminated any time after five years should the circumstances arise where internal management becomes appr

  8. Slide 8: Key Benefits to NPT

    Key Benefits to NPT  As a significant shareholder in NPT, we believe that Augusta will be highly motivated to grow NPT and to improve its returns.  Augusta has substantial resources that NPT will be able to leverage to grow more quickly than it would be able to with its own limited resources.  Th

  9. Slide 9: General Business

    General Business 16

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