Pexa Group Limited · ASX:PXA
Pexa — Shareholder Meeting (December 2022)
12 slides from Pexa's shareholder meeting presentation, Dec 23, 2022
Slide 1: PEXA In-Specie Distribution: Chair's Address & Presentation
Link Administration Holdings Limited ABN 27 120 964 098 23 December 2022 ASX ANNOUNCEMENT PEXA IN-SPECIE DISTRIBUTION: CHAIR’S ADDRESS & PRESENTATION Link Administration Holdings Limited (ASX: LNK) (Link Group) refers to the Extraordinary General Meeting (EGM) of Link Group shareholders to consider
Slide 2: Chair's Address – Link Group 2022 Extraordinary General Meeting
LINK GROUP 2022 EXTRAORDINARY GENERAL MEETING 23 December 2022 Chair’s Address – Michael Carapiet Good morning everyone. My name is Michael Carapiet, Chair of the Link Group Board and I will be chairing today’s meeting. Welcome to the 2022 Link Group Extraordinary General Meeting, being held today i
Slide 3: Distribution of PEXA Shareholding
Group of all of its 38.49% shareholding in PEXA, to Link Group’s shareholders (which I will refer to as the “Distribution”). To implement the Distribution, Link Group will undertake a Capital Reduction, which may be accompanied by a Distribution Dividend, which will be satisfied by an in-specie dist
Slide 4: Reasons to Vote Against the Distribution
Distribution and a number of reasons why you might choose to vote against it. These are set out in detail in the Explanatory Memorandum and summarised briefly on this slide. The Link Group Directors appointed Deloitte Corporate Finance Pty Limited as the independent expert to prepare an Independent
Slide 5: Extraordinary General Meeting
EXTRAORDINARY GENERAL MEETING 23 December 2022
Slide 6: Important Notice
IMPORTANT NOTICE This presentation has been prepared by Link Administration Holdings Limited (Company) together with its related bodies corporate (Link Group). The material contained in this presentation is intended to be general background information on Link Group and its activities. The informati
Slide 7: Chair's Address
Michael Carapiet Independent 01 CHAIR’S ADDRESS Chair Link Group EGM 23 December 2022 3
Slide 8: Today's Agenda
LINK GROUP EGM TODAY’S AGENDA TOPIC Chair’s Address Meeting Formalities Distribution Resolution Link Group EGM 23 December 2022 4
Slide 9: Why Are We Here Today?
WHY ARE WE HERE TODAY? • Link Group has announced a proposed in-specie distribution of Link Group’s shareholding in PEXA • On 18 November 2022, Link Group sold 10% of its 42.77% shareholding in PEXA with net proceeds of ~$102 million used to pay down debt • If the Distribution is approved today, Eli
Slide 10: Reasons to Vote For or Against the Distribution
REASONS TO VOTE FOR OR AGAINST THE DISTRIBUTION Reasons why you may vote FOR the Distribution Reasons why you may vote AGAINST the Distribution • Link Group Shareholders will have greater flexibility and liquidity to • Distribution implementation costs choose their level of investment in Link Group
Slide 11: Conclusions and Recommendation
CONCLUSIONS AND RECOMMENDATION INDEPENDENT EXPERT’S CONCLUSIONS RECOMMENDATION Of LINK GROUP DIRECTORS • Deloitte Corporate Finance Pty Limited has prepared the • The Link Group Board unanimously recommends you vote in favour Independent Expert’s Report. Please refer to Annexure 2 of the of the reso
Slide 12: Thank You
Thank you Contacts Investor Relations Tariq Chotani, Link Group +61 407 498 868 Media Ben Wilson, GRACosway +61 407 966 083