Aj Lucas Group Limited · ASX:AJL
Aj Lucas — Shareholder Meeting (November 2017)
20 slides from Aj Lucas's shareholder meeting presentation, Nov 16, 2017
Slide 1: Annual General Meeting November 2017
Annual General Meeting November 2017 For personal use only
Slide 2: Agenda
AGENDA For personal use only • Welcome • Chairman’s address • Interview with Francis Egan (Cuadrilla CEO) • Formal Business • Close AJ Lucas Group | 16 November 2017 2
Slide 3: Chairman's address
For personal use only • Chairman’s address AJ Lucas Group | 16 November 2017 3
Slide 4: AJ Lucas Lost Time Injury Rate compared to relative industry
Chairman’s Address For personal use only AJ Lucas Lost Time Injury Rate compared to relative industry AJ Lucas Group | 16 November 2017 4
Slide 5: Shale gas potential: UK Prime Minister quotes
Chairman’s Address For personal use only “I think that shale gas has the potential to power economic growth in this country and to support thousands of jobs in the oil and gas industries and in other sectors. It will provide a new domestic energy source.” “We have more than 50 years’ drilling experi
Slide 6: Preston New Road Exploration Site, Lancashire UK
Chairman’s Address Picture: Preston New Road Exploration Site, Lancashire UK For personal use only AJ Lucas Group | 16 November 2017 6
Slide 7: Cuadrilla e-portal
Chairman’s Address For personal use only Picture: Cuadrilla e-portal accessible on https://www.cuadrillaresourceseportal.com/ AJ Lucas Group | 16 November 2017 7
Slide 8: Cuadrilla's UK licence interests
Chairman’s Address For personal use only Cuadrilla’s UK licence interests: Left: North England Bottom: South England AJ Lucas Group | 16 November 2017 8
Slide 9: Engineering and Construction Division
Chairman’s Address Engineering and Construction Division For personal use only Picture top left: Major cross country pipeline project, VIC / NSW Picture bottom right: Port of Tauranga river crossing project site, New Zealand AJ Lucas Group | 16 November 2017 9
Slide 10: Drilling Division
Chairman’s Address Drilling Division For personal use only Picture top: AJ Lucas Exploration drilling NSW Picture right: AJ Lucas production rig AJ Lucas Group | 16 November 2017 10
Slide 11: Balance sheet refinancing timeline
Chairman’s Address For personal use only June 2016 November 2016 May / June 2017 2018 Balance sheet refinancing UK Planning permission Placement and Entitlements Continues monitoring of Offer balance sheet • Drawdown of Tranche • $A53.2 millions raised • No principal • Debt refinancing 2 of the seni
Slide 12: Interview with Francis Egan (Cuadrilla CEO)
For personal use only • Interview with Francis Egan (Cuadrilla CEO) AJ Lucas Group | 16 November 2017 12
Slide 13: Cuadrilla: Address from Francis Egan
Cuadrilla Address from Francis Egan For personal use only Cuadrilla video presentation AJ Lucas Group | 16 November 2017 13
Slide 14: Formal Business Agenda
Formal Business Agenda For personal use only • Financial Statements • Remuneration report • Re-election of Julian Ball • Re-election of Andrew Purcell AJ Lucas Group | 16 November 2017 14
Slide 15: Formal Business Agenda: Financial Statements
Formal Business Agenda For personal use only Item 1 Financial Statements There is no vote on this item AJ Lucas Group | 16 November 2017 15
Slide 16: Formal Business Agenda: Remuneration report
Formal Business Agenda Item 2 – Remuneration report For personal use only The Human Resources Committee met on 2 occasions in the 2016/17 financial year. The Committee considered the following matters • A review of the remuneration packages and annual performance review • We benchmark against the ma
Slide 17: Remuneration Report proxy votes
Formal Business Agenda For personal use only Item 2 Remuneration Report Proxy Votes For 425,457,250 99.69% Against 768,806 0.18% Open 559,359 0.13% Abstain 50,289 N/A AJ Lucas Group | 16 November 2017 17
Slide 18: Re-Election of Julian Ball
Formal Business Agenda For personal use only Item 3 Re-Election of Julian Ball Proxy Votes For 426,553,798 99.85% Against 66,378 0.02% Open 559,359 0.13% Abstain 37,864 N/A AJ Lucas Group | 16 November 2017 18
Slide 19: Re-Election of Andrew Purcell
Formal Business Agenda For personal use only Item 4 Re-Election of Andrew Purcell Proxy Votes For 426,459,147 99.85% Against 67,378 0.02% Open 559,359 0.13% Abstain 131,515 N/A AJ Lucas Group | 16 November 2017 19
Slide 20: Conclusion
For personal use only CONCLUSION AJ Lucas Group | 16 November 2017 20