Viva Energy Group Ltd. · ASX:VEA
Viva Energy — Shareholder Meeting (September 2020)
18 slides from Viva Energy's shareholder meeting presentation, Sep 30, 2020
Slide 1: General Meeting – Capital Return ASX cover letter
For personal use only 30 September 2020 The Manager Market Announcements Office Australian Securities Exchange Electronic lodgment General Meeting – Capital Return The following materials are to be presented at Viva Energy’s General Meeting being held today: 1. Chairman and CEO Addresses 2. General
Slide 2: Chairman address
Chairman Good morning, ladies and gentlemen. Welcome to this Extraordinary General Meeting of Viva Energy, called to consider resolutions to return capital to shareholders and to consolidate our ordinary share capital. I am the Chairman of Viva Energy, Robert Hill. It is now just after 11 am Austral
Slide 3: Chairman address: Waypoint REIT divestment
2014 and started our journey to where we are today, a leading energy company listed on ASX. On behalf of the Board, I thank Hui Meng for his contribution and counsel and wish him every success in his future endeavours. We also announced that Mike Muller will join our Board when Hui Meng departs. Mik
Slide 4: Remaining divestment proceeds to be returned
With $580 million of the divestment proceeds now proposed to be distributed through the announced on-market buy-back, capital return and special dividend, there is $100 million remaining to be returned in due course. We are considering the most appropriate timing and method of returning this last po
Slide 5: CEO Address
CEO Address Thank you Robert. As Robert has mentioned, we have taken steps to make our business more resilient to the impacts of the pandemic and most parts of our business have performed very well through this time. I am particularly proud of the way in which our employees have responded to the cha
Slide 6: General Meeting – Capital Return
General Meeting – Capital Return For personal use only
Slide 7: Important notice and disclaimer
Important notice and disclaimer For personal use only This presentation has been prepared by Viva Energy Group date is indicated, in which case the information is current to that You should rely on your own independent assessment of any Limited, ACN 626 661 032 (“Company” or “Viva Energy”). date) an
Slide 8: How to vote
How to vote For personal use only 1 Click on 2 Enter your Shareholder Number 3 Fill out your voting card for Get a Voting Card (SRN/HRN) or Proxy Number and each item of business and on the top and bottom click Submit Details and Vote click Submit Vote or of your screen Submit Partial Vote ? If you
Slide 9: How to ask questions
How to ask questions For personal use only 1 Click on Ask a Question 2 Select an item of business from the on the top and bottom drop-down menu and type your question of your screen in the space provided. When ready, click on Submit Question ? If you experience any technical difficulties, please cal
Slide 10: Board of Directors
Board of Directors For personal use only Robert Hill Scott Wyatt Arnoud De Meyer Jane McAloon Chairman Chief Executive Officer Independent Independent Independent Executive Director Non-Executive Director Non-Executive Director Non-Executive Director Sarah Ryan Dat Duong Hui Meng Kho Independent Hea
Slide 11: Chairman’s Address
For personal use only Chairman’s Address Robert Hill Viva Energy Group Limited | General Meeting – Capital Return 6
Slide 12: Capital Management Initiative
Capital Management Initiative For personal use only Special dividend 5.94 cents per share Capital return 21.46 cents per share Consolidation ratio 1 share consolidates into 0.84 shares Date Event 30 September 2020 General Meeting of Shareholders 2 October 2020 Last day for trading of shares to be en
Slide 13: CEO’s Address
For personal use only CEO’s Address Scott Wyatt Viva Energy Group Limited | General Meeting – Capital Return 8
Slide 14: Formal Business
For personal use only Formal Business Robert Hill Viva Energy Group Limited | General Meeting – Capital Return 9
Slide 15: Items of Business
Items of Business For personal use only 1. Return of Capital to Shareholders “That, for the purposes of Part 2J.1 of the Corporations Act 2001 (Cth), approval is given for the share capital of the Company to be reduced by approximately $415.1 million, such reduction of capital to be effected by the
Slide 16: Resolution: Return of Capital to Shareholders
Resolution 1 Return of Capital to Shareholders For personal use only Direct and Proxy Votes % of Vote FOR 1,693,159,211 99.93% AGAINST 247,742 0.01% OPEN 858,492 0.05% ABSTAIN 2,064,551 Viva Energy Group Limited | General Meeting – Capital Return 11
Slide 17: Resolution: Consolidation of Shares
Resolution 2 Consolidation of Shares For personal use only Direct and Proxy Votes % of Vote FOR 1,692,647,944 99.91% AGAINST 691,609 0.04% OPEN 900,492 0.05% ABSTAIN 2,096,551 Viva Energy Group Limited | General Meeting – Capital Return 12
Slide 18: Thank you
For personal use only Thank you Please complete your voting Viva Energy Group Limited | General Meeting – Capital Return 13
Viva Energy Group — Shareholder Meeting (September 2020) on 6ix