Peoplein Limited · ASX:PPE
Peoplein — Merger or Acquisition (June 2022)
7 slides from Peoplein's merger presentation, Jun 3, 2022
Slide 1: Investor Briefing: Acquisition of FIP Group Holdings Pty Ltd
For personal use only Investor Briefing Acquisition of FIP Group Holdings Pty Ltd June 2022
Slide 2: Transaction Overview
For personal use only Transaction OverviewFIP”) ▶ 100% share acquisition of FIP Group Holdings Pty Ltd (FIP). Transaction is subject to conditions and is expected to complete by mid-June 2022 ▶ Upfront consideration of $45M ($35M cash and $10M PPE shares1) ▶ A further $25M may be payable as deferred
Slide 3: About FIP
For personal use only About ▶ National leader in Workforce Solutions under the PALM Scheme ▶ Provides ~4,500 workers to the food and agricultural sector ▶ FIP workers are employed on 3 - 4 year fixed term basis and assigned directly to a host employer for the duration of their visa, providing host e
Slide 4: Transaction Rationale
For personal use only Transaction Rationale ▶ At scale international staffing solution engine room to be leveraged by our defensive growth sectors including food services, healthcare, manufacturing and aged care. ▶ Participation in the growing PALM Scheme will help solve critical labour shortages fo
Slide 5: Pacific Australia Labour Mobility (PALM) Scheme
Pacific Australia Labour Mobility (“PALM”) Scheme For personal use only ▶ The PALM Scheme is a Federal Government initiative to help fill labour gaps in rural and regional Australia by offering approved employers access to a pool of reliable, productive workers where there is a shortage of local wor
Slide 6: Questions
For personal use only Questions
Slide 7: Disclaimer
DISCLAIMER For personal use only T h is presentation h as been prepared by PeopleIn Limited ( Company) togeth er with its related bodies corporate (PeopleIN). The material contained in th is presentation is for information purposes only and is intended to be general background information o n People