Hmc Capital Limited · ASX:HMC
Hmc Capital — Home Consortium — Merger or Acquisition (December 2020)
35 slides from Hmc Capital's merger presentation, Dec 4, 2020
Slide 1: Acquisition and Equity Raising Presentation (ASX Release)
ASX RELEASE For personal use only 4 December 2020 ACQUISITION AND EQUITY RAISING PRESENTATION Home Consortium (ASX: HMC) provides the attached Acquisition and Equity Raising Presentation. -ENDS- For further information, please contact: INVESTORS Will McMicking Tom Kohlen CFO Investor Relations Execu
Slide 2: Acquisition and equity raising presentation
For personal use only Acquisition and equity raising presentation 4 December 2020 Not for release to US wire services or distribution or release in the United States
Slide 3: Important Notices and Disclaimer
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Important Notices and Disclaimer For personal use only This presentation (Presentation) has been prepared by Home Consortium (comprised of Home Consortium Limited (ACN 138 990 593) an
Slide 4: Important Notices and Disclaimer
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Important Notices and Disclaimer For personal use only Accordingly, the New Securities may not be offered or sold, directly or indirectly, in the United States, unless they have been
Slide 5: Important Notices and Disclaimer
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Important Notices and Disclaimer For personal use only The forward looking statements are based on information available to HomeCo as at the date of this Presentation. To the maximum
Slide 6: Important Notices and Disclaimer
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Important Notices and Disclaimer For personal use only You and the Lead Manager (on behalf of each other member of the Limited Parties), by accepting and providing this presentation r
Slide 7: Transaction overview
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Transaction overview Strategic acquisitions to accelerate HomeCo’s next phase of growth For personal use only Acquisitions ▪ HomeCo has agreed terms to acquire a portfolio of 6 health
Slide 8: Investment rationale and financial impacts
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Investment rationale and financial impacts For personal use only 1 ▪ Increases scale of Health, Wellness & Government exposure to over $400 million 1 Accelerates Health, ▪ On track to
Slide 9: HomeCo is executing on its stated strategy to own, develop & manage
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx HomeCo is executing on its stated strategy to own, develop & manage For personal use only HomeCo strategic pillars Own Own Develop Develop Manage Manage ▪ $1.7 billion AUM ▪ Jun-20 va
Slide 10: Ability to leverage existing asset base and grow AUM and FFO
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Ability to leverage existing asset base and grow AUM and FFO 83% growth in AUM since IPO with opportunity for further growth in AUM and FFO For personal use only Assets Under Manageme
Slide 11: Total securityholder return since IPO
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Total securityholder return since IPO HomeCo has delivered total securityholder return since IPO of 39.2% For personal use only HomeCo has outperformed the market since IPO in Oct-19…
Slide 12: HealthCo—Acquisitions update
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx HealthCo—Acquisitions update HomeCo has agreed terms to acquire an additional six properties for its Health, Wellness and Government Services REIT For personal use only ▪ HomeCo has a
Slide 13: Acquisition of Gregory Hills Home Centre (Sydney, NSW)
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Acquisition of Gregory Hills Home Centre (Sydney, NSW) Western Sydney LFR centre anchored by Services NSW and Metcash For personal use only Summary Tenant mix ▪ Large Format Retail ce
Slide 14: Sources and uses
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Sources and uses For personal use only Sources of funds $m Equity raise–Institutional placement 125 Total sources 125 Uses of funds $m St Marys, NSW (render) Health, education and Gov
Slide 15: Timetable
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Timetable For personal use only Event 2020 Announcement of the Placement Friday, 4 December Placement bookbuild Friday, 4 December Settlement of New Securities issued under the Placem
Slide 16: Health, Wellness & Government REIT update
For personal use only Health, Wellness & Government REIT update
Slide 17: Health, Wellness & Government Megatrends
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Health, Wellness & Government Megatrends For personal use only 1 Ageing population with increasing rates of chronic illness ▪ The number of people in Australia aged 65+ is set to grow
Slide 18: HealthCo investment criteria
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx HealthCo investment criteria For personal use only HealthCo will provide a portfolio of assets exposed to healthcare and government megatrends targeting stable distributions and long-
Slide 19: HealthCo portfolio construction
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx HealthCo portfolio construction The total market size for the Australian Health & Wellness sector is over $250bn and is underpinned by attractive lease structures with high quality te
Slide 20: Healthcare property historical performance
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Healthcare property historical performance Healthcare property has outperformed the broader property sector over the past decade For personal use only Healthcare property has displaye
Slide 21: Appendix A: Pro-forma balance sheet
For personal use only Appendix A: Pro-forma balance sheet
Slide 22: Pro-forma balance sheet
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Appendix A Pro-forma balance sheet For personal use only A$m 30-June-20 pro-forma1 30-Nov-20 net debt and capex Distribution paid Acquisition/placement Pro-forma at Completion Cash an
Slide 23: Appendix B: Key risks
For personal use only Appendix B: Key risks
Slide 24: Key risks
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Key risks For personal use only This section discusses some of the key risks associated with an investment in HomeCo. A number of risks and uncertainties may adversely affect the oper
Slide 25: Key risks
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Key risks For personal use only Analysis of the Acquisitions by HomeCo HomeCo has undertaken financial, business and other analyses of the properties the subject of the Acquisitions i
Slide 26: Key risks
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Key risks For personal use only Unable to lease properties, or they may be vacant Leases of properties come up for renewal on a periodic basis. There is a risk that HomeCo may not be
Slide 27: Key risks
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Key risks For personal use only While HomeCo seeks to mitigate the risks associated with development projects by employing a number of risk mitigation strategies, there is no guarante
Slide 28: Key risks
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Key risks For personal use only Insurance risk HomeCo maintains appropriate insurance coverage in respect of its portfolio where insurance coverage is available on commercial terms an
Slide 29: Key risks
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Key risks For personal use only Generally applicable factors that may affect the market price of securities include general movements in Australian and international stock markets, in
Slide 30: Appendix C: Summary of Underwriting Arrangements
For personal use only Appendix C: Summary of Underwriting Arrangements
Slide 31: Summary of Underwriting Arrangements
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Summary of Underwriting Arrangements For personal use only Goldman Sachs Australia Pty Ltd is acting as sole Lead Manager and underwriter of the Placement (Lead Manager). HomeCo enter
Slide 32: Summary of Underwriting Arrangements
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Summary of Underwriting Arrangements For personal use only k) HomeCo or its subsidiaries breaches, or defaults under any provision, undertaking, covenant or ratio of a material debt o
Slide 33: Appendix D: International offer restrictions
For personal use only Appendix D: International offer restrictions
Slide 34: International Offer Restrictions
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx International Offer Restrictions For personal use only This document does not constitute an offer of new stapled ordinary shares ("New Securities") of the Company in any jurisdiction
Slide 35: International Offer Restrictions
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx International Offer Restrictions For personal use only Singapore This document and any other materials relating to the New Securities have not been, and will not be, lodged or registe
Home Consortium — Merger or Acquisition (December 2020) on 6ix