Regal Partners Limited · ASX:RPL
Regal Partners — Shareholder Meeting (May 2022)
20 slides from Regal Partners's shareholder meeting presentation, May 27, 2022
Slide 1: Chairman's Annual General Meeting Address and Business Update Presentation
VGI Partners Limited ABN 33 129 188 450 39 Phillip Street Sydney NSW 2000 Australia T. +61 2 9237 8900 www.vgipartners.com AFSL No. 321789 | SEC Registered 27 May 2022 ASX Market Announcements Office ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000 BY ELECTRONIC LODGEMENT Chairman’s Annu
Slide 2: 2022 Annual General Meeting
VGI Partners Limited ABN 33 129 188 450 39 Phillip Street Sydney NSW 2000 Australia T. +61 2 9237 8900 www.vgipartners.com AFSL No. 321789 | SEC Registered VGI Partners Limited 2022 Annual General Meeting Friday 27 May 2022 – 1:00pm Welcome everyone to today’s Annual General Meeting for VGI Partners
Slide 3: Chairman's address (continued)
To provide some additional detail on these benefits, and of the merger itself, shortly we will hear from Regal’s CEO, Brendan O’Connor, who will become CEO of the merged entity, should the Merger proceed. From my perspective, I’m excited about what the deal brings to VGI. In particular, I have great
Slide 4: End of Chairman's Address
in the Merger discussions alongside Adam and Ian, so thank you for your contribution and I’m sure you will play a key role in working with the new Directors on the group’s future plans. So that concludes my Chairman’s Address and I would now like to introduce Brendan O’Connor, CEO of Regal. End of C
Slide 5: VGI Partners Limited 2022 Annual General Meeting
VGI Partners Limited (ASX:VGI) 2022 Annual General Meeting – 27 May 2022
Slide 6: Chairman's Address
Chairman’s Address Robert Luciano
Slide 7: Overview of VGI Financial Results
Overview of VGI Financial Results VGI Dividends Declared by Financial Year (fully franked, cents per share) 45c up to 40 2021 normalised net profit after tax of $51m, up $20m or 40c 37.0 67% on the prior corresponding period (pcp) 34.9 33.0 35c Total dividends per share of 37c fully franked in 2021
Slide 8: Merger Summary
Merger Summary VGI Partners Limited (ASX:VGI) and Regal Funds Management Pty Limited (“Regal”) entered into a Merger Implementation Deed on 30 March 2022 Explanatory Memorandum released on 27 April 2022 Overview VGI shareholder vote to approve the Merger at today’s AGM The merger of VGI and Regal wi
Slide 9: Overview of Regal
Overview of Regal Brendan O’Connor Regal Chief Executive Officer
Slide 10: Overview of Regal
Overview of Regal A multiple award-winning specialist alternative investment manager, headquartered in Sydney and managing approximately $3.6 billion1 in capital on behalf of institutions, family offices, wealth groups, charities and private investors2 Strong heritage in fundamental long / short inv
Slide 11: Regal's Hedge Funds, Private Markets and Real Assets Strategies
Regal’s Hedge Funds, Private Markets and Real Assets Strategies Global and Asian equities Australian equities Specialist equities Private markets Real / natural assets Hedge funds Hedge funds Hedge funds Pre-IPO, emerging companies Regal Absolute Return Fund Regal Australian Long Short Regal Resourc
Slide 12: Regal Investment Fund (ASX:RF1)
Regal Investment Fund (ASX:RF1) Regal Investment Fund (RF1) is an ASX-listed multi-strategy fund launched in 2019 Regal Investment Fund1 Equity Trustees is the Responsible Entity and (ASX:RF1) issuer of this fund and Regal is the investment manager of this fund RF1 provides investors exposure to a s
Slide 13: The Merged Group
The Merged Group Brendan O’Connor and Robert Luciano
Slide 14: Creation of a Market-Leading Alternative Investment Manager
Creation of a Market-Leading Alternative Investment Manager Merged Group Specialist alternatives manager, covering Total funds under management of hedge fund, private market and real asset approximately $5.6 billion2 High conviction global equity manager investment strategies1 A scaled, diversified
Slide 15: FUM Diversification and Scale
FUM Diversification and Scale FUM by Asset Strategy and Distribution Channel as at 31 March 2022 VGI: $2.0 billon Regal: $3.6 billion1 Merged Group: $5.6 billion1 11% 7% Hedge Funds - Global and Asian Equities Asset strategy 34% 18% Hedge Funds - Australian Equities 27% Specialist Equities 4% 58% 13
Slide 16: Proposed Board and Senior Management
Proposed Board and Senior Management Board Senior management Michael Cole AM, Independent Chairman Brendan O’Connor, CEO Ian Cameron, CFO Sarah Dulhunty, Independent Non-Executive Director Balance of the executive management team to be drawn from both Jaye Gardner, Independent Non-Executive Director
Slide 17: Proposed Transaction Timeline
Proposed Transaction Timeline 30 March 2022: Binding terms of Merger announced 27 April 2022: Notice of Annual General Meeting (AGM) and Explanatory Memorandum sent to VGI shareholders 27 May 2022: VGI AGM (including a resolution to approve the Merger) 1H22: Pre-completion fully franked dividend to
Slide 18: Transaction Details
Transaction Details Subject to VGI shareholder approval of the Merger1: VGI to acquire 100% of Regal in consideration for ordinary shares in VGI Pro forma ownership: approximately ~66.7% Regal, ~33.3% VGI, no debt Merged The merged company will be renamed “Regal Partners Limited” and a new ASX ticke
Slide 19: VGI Partners Limited: Important notice
VGI Partners Limited: VGI Partners Limited (ABN 33 129 188 450) (VGI Partners) is the holder of an Australian Financial Services Licence (No. 321789) and is SEC registered. The information in this presentation (Information) has been prepared by VGI Partners and is current as at the date of this pres
Slide 20: Regal Funds Management Pty Limited: Summary information
Regal Funds Management Pty Limited: Summary information This presentation includes information prepared by Regal Funds Management Pty Limited (ACN 107 576 821) (“Regal”) in connection with the proposed merger between VGI Partners Limited (ACN 129 188 450) (“VGI”) and Regal, by way of VGI acquiring 1