Oldfields Holdings Ltd · ASX:OLH
Oldfields — Shareholder Meeting (November 2022)
21 slides from Oldfields's shareholder meeting presentation, Nov 30, 2022
Slide 1: Annual General Meeting
Annual General Meeting 30 November 2022 ASX: OLH Oldfields Holdings Limited
Slide 2: Board of Directors
BOARD OF DIRECTORS JOHNATHAN DOY MICHAEL MICALLEF JIE MA DAVID BAIRD RICHARD ABELA CHAIRMAN (INTERIM) CEO & MANAGING DIRECTOR NON-EXECUTIVE DIRECTOR INDEPENDENT NON- NON-EXECUTIVE DIRECTOR EXECUTIVE DIRECTOR A director in the taxation 25 years’ experience in A successful businessman A respected loca
Slide 3: Disclaimer
DISCLAIMER This company presentation (“Presentation”) has been prepared by Oldfields Holdings Limited ABN 92 000 307 988 (“OLH”, “Oldfields”, or “the Company”) Summary information: This Presentation contains summary information about OLH and its related bodies corporate and their activities, which i
Slide 4: Agenda
AGENDA 1. Welcome 2. Chairman's Address 3. CEO's Address 4. Resolutions: Resolution 1 - Election of Directors Resolution 2 - Re-election of Director Resolution 3 - Remuneration Report Resolution 4 - Approval of Additional Share Issue Capacity under ASX Listing Rule 7.1A Resolution 5 - Approval of Gr
Slide 5: Chairman's Address
Chairman's Address Jonathan Doy
Slide 6: Welcome
WELCOME Financial year 2022 has been a year of significant macroeconomic volatility, global supply chain disruption, extreme weather and the continued impacts of COVID-19. The Group experienced a combination of some noteworthy achievements and challenging outcomes in FY2022. Shortly you will hear fr
Slide 7: Welcome
WELCOME From July 2022, we welcomed Mr Michael Micallef as the new CEO & Managing Director of Oldfields. Bringing new energy and experience to the Group, he will lead Oldfields through a necessary business transformation. We believe Oldfields is on the right path to transform into a more sustainable
Slide 8: CEO's Address
CEO's Address Michael Micallef
Slide 9: A Letter from Our CEO
A LETTER FROM OUR CEO As Oldfields Holdings Ltd propels into a new era, we have seen a strong start to FY23 with the group delivering positive revenue growth of 54% in the first 4 months of the year compared to the same period last year. Growth continues to be driven by our strong value chain, marke
Slide 10: FY2022 was a year of mixed fortunes
FY2022 FY2022 was a year of mixed fortunes with a range of challenges, some familiar while others new. Global supply chain disruption and an inflation level not experienced for over 30 years. Scaffolding business Won a major rectification works contract in the City of Armidale Construction and build
Slide 11: FY2022 Full Year Review (Audited)
FY2022 FULL YEAR REVIEW (AUDITED) Revenue for FY2022 increased around 7.7% to $24.5M Paint division up 4.4% mainly due to the new arrangement with Wattyl and post lockdown effect Scaffold division down 0.6% impacted by building sites closure and extreme weather Gross profit margin further reduced by
Slide 12: Trading Update
TRADING UPDATE YTD to October 2022 Group sales revenue was $12.7m, up 53.9% on the same period last year. The overall Group also returning to positive earnings. SCAFFOLD PAINT TOTAL DIVISION DIVISION GROUP +71.7% +11.6% +53.9% The underlying EBITDA for the period to October 2022 was $1.1m. We expect
Slide 13: Growth Initiatives
GROWTH INITIATIVES BRAND MARKET REFINEMENT & NEW MARKET GROWTH Exploit heritage brand and embark on brand build journey Launch robust pipeline development and management. within key/new markets Acquire new customers in existing verticals Grow brand equity within identified channels to become Incre
Slide 14: Items of Business
Items of Business
Slide 15: Financial Statements & Reports
FINANCIAL STATEMENTS & REPORTS To receive and consider the following reports of the company for the financial year ended 30 June 2022; The financial report (which includes the Statement of Financial Position, Statement of Comprehensive Income, Cash Flow Statement and Directors Declaration); and The
Slide 16: Resolution 1: Election of Richard John Abela
RESOLUTION 1 Election of Richard John Abela as a Director “That Mr Richard John Abela, who retires by rotation in accordance with the Company's Constitution and the ASX Listing Rules, and being eligible offers himself for election as a Director, be elected as a Director“.
Slide 17: Resolution 2: Re-election of Jie Ma
RESOLUTION 2 Re-election of Jie Ma as a Director “That Jie Ma, who retires by rotation in accordance with the Company's Constitution, and being eligible, offers himself for re-election as a Director, be re-elected as a Director“.
Slide 18: Resolution 3: Remuneration Report
RESOLUTION 3 Remuneration Report “That the FY2022 Remuneration Report be adopted”.
Slide 19: Resolution 4: Additional Share Issue Capacity
RESOLUTION 4 Approval of Additional Share Issue Capacity under ASX Listing Rule 7.1A “That, pursuant to and in accordance with ASX Listing Rule 7.1A and for all other purposes, the shareholders of the Company approve the issue of Equity Securities up to 10% of the issued capital of Oldfields Holding
Slide 20: Resolution 5: Grant of Options to CEO
RESOLUTION 5 Approval of Grant of Options to Michael Micallef, CEO & Managing Director of the Company “That, for the purposes of ASX Listing Rule 10.11 and for all other purposes, the Shareholders of the Company approve the grant of 1,000,000 options to Michael Micallef, CEO & Managing Director of t
Slide 21: Q&A
Q&A
Oldfields Holdings — Shareholder Meeting (November 2022) on 6ix