Aj Lucas Group Limited · ASX:AJL
Aj Lucas — Shareholder Meeting (November 2016)
15 slides from Aj Lucas's shareholder meeting presentation, Nov 17, 2016
Slide 1: Annual General Meeting
Annual General Meeting For personal use only 17 November 2016 AJ Lucas Group Limited
Slide 2: Agenda
AGENDA For personal use only • Welcome • Chairman’s address • Cuadrilla video • Formal Business • Close AJ Lucas Group | 17 November 2016 2
Slide 3: FY2016 Financial Performance
FY2016 Financial Performance Improved operating result driven by cost management For personal use only Income Statement FY2016 FY2015 Change $’M $’M Revenue 125.5 145.0 (13.5%) Net (Loss) after tax: (19.4) (45.2) +56.9% Underlying EBITDA : 14.6 9.4 +54.8% - Drilling 11.4 6.2 +83.0% - Engineering & C
Slide 4: Lucas Drilling Services Business Highlights
Lucas Drilling Services For personal use only Business Highlights • Largest drilling fleet servicing the coal sector in Australia • Successfully engaged with all major coal producers on the east coast • Full service offering including technical consultancy, exploration, production, directional, well
Slide 5: For personal use only
For personal use only AJ Lucas Group | 17 November 2016 5
Slide 6: For personal use only
For personal use only AJ Lucas Group | 17 November 2016 6
Slide 7: FY2016 Balance Sheet
FY2016 Balance Sheet Initiatives have significantly improved financial strength For personal use only Key initiatives in FY 2016 & YTD Future initiatives • March 2016: Undertook fully • Minimum US$30 million (c.A$40 underwritten, A$21 million pro rata million) pro rata entitlements offer entitlement
Slide 8: Cuadrilla Address from Francis Egan
Cuadrilla Address from Francis Egan For personal use only Cuadrilla video presentation AJ Lucas Group | 17 November 2016 8
Slide 9: Formal Business Items
Formal Business Agenda For personal use only • Financial Statements • Remuneration report • Re-election of Phil Arnall • Re-election of Ian Meares AJ Lucas Group | 17 November 2016 9
Slide 10: Financial Statements
Formal Business Agenda For personal use only Item 1 Financial Statements There is no vote on this item AJ Lucas Group | 17 November 2016 10
Slide 11: Remuneration Report
Formal Business Agenda Item 2 – Remuneration report For personal use only The Human Resources Committee met on 5 occasions in the 2015/16 financial year. The Committee considered the following remuneration • A review of the remuneration packages and annual performance review • We benchmark against t
Slide 12: Remuneration Report Proxy Votes
Formal Business Agenda For personal use only Item 2 Remuneration Report Proxy Votes For 270,685,247 99.7% Against 285,038 0.1% Open 528,625 0.2% Abstain 71,192 N/A AJ Lucas Group | 17 November 2016 12
Slide 13: Re-Election of Phil Arnall
Formal Business Agenda For personal use only Item 3 Re-Election of Phil Arnall Proxy Votes For 231,138,665 85.1% Against 39,775,331 14.7% Open 583,523 0.2% Abstain 127,481 N/A AJ Lucas Group | 17 November 2016 13
Slide 14: Re-Election of Ian Meares
Formal Business Agenda For personal use only Item 4 Re-Election of Ian Meares Proxy Votes For 270,545,200 99.7% Against 368,796 0.1% Open 583,523 0.2% Abstain 127,481 N/A AJ Lucas Group | 17 November 2016 14
Slide 15: Conclusion
For personal use only CONCLUSION AJ Lucas Group | 17 November 2016 15