Growthpoint Properties Australia · ASX:GOZ
Growthpoint Properties Australia — Shareholder Meeting (March 2016)
20 slides from Growthpoint Properties Australia's shareholder meeting presentation, Mar 30, 2016
Slide 1: Annual General Meeting
GROWTHPOINT PROPERTIES AUSTRALIA (ASX CODE: GOZ) Annual General Meeting 27 November 2013 Growthpoint Properties Australia Trust ARSN 120 121 002 Growthpoint Properties Australia Limited ABN 33 124 093 901 AFSL 316409 333 Ann Street Brisbane
Slide 2: Agenda
Agenda 1 Chairman’s Address 2 Managing Director’s Address 3 Item 1: Financial Statements & Reports – Company and Trust 4 Item 2: Remuneration Report – Company Only 5 Item 3: Re-Election of directors – Company Only 6 Item 4: Approval of Issues to Timothy Collyer (Managing Director) – Company Only 7 I
Slide 3: Chairman's Address
Chairman’s Address Lyn Shaddock Independent Chairman 28 Bliston Drive, Wodonga, VIC GROWTHPOINT PROPERTIES AUSTRALIA AGM – 27 November 2013 3
Slide 4: Managing Director's Address
Managing Director's Address Timothy Collyer Managing Director Gorehill Business Park, 219-247 Pacific Hwy, Artarmon, NSW GROWTHPOINT PROPERTIES AUSTRALIA AGM – 27 November 2013 4
Slide 5: FY2013 Highlights
FY2013 Highlights FY13 − $94.0 million statutory profit; up 90% from FY2012 Performance − $76.0 million distributable profit; up 32.0% from FY2012 − Distributable income per security 19.3 cps; up 8.6% from FY2012 − 18.3 cps distribution; up 4% from FY2012 Property − $1.8 billion portfolio, 48 proper
Slide 6: Property Portfolio – key metrics
Property Portfolio – key metrics1 TENANT QUALITY GEOGRAPHIC DIVERSIFICATION SECTOR DIVERSIFICATION Other TAS ACT 7% WA 2% 3% Office Industrial Woolworths 7% VIC 27% 45% 55% NSW 32% 12% SA 8% Govt./investment grade/national QLD 66% 36% Item Number of assets 48 LEASE EXPIRY PROFILE as at 30 June 2013
Slide 7: Recent Equity Raising
Recent Equity Raising Equity − $50 million Institutional Placement completed October 2013 (significantly oversubscribed) raising − $100 million renounceable Rights Offer closes 29 November 2013 − $2.45 per new security under both placement and rights offer − Raising well received by the market Uses
Slide 8: Outlook
Outlook Group − Robust and clear strategy: ownership of quality commercial real estate in Australia for rental income − Property portfolio: solid property fundamentals, with a long term rising income from quality tenants − Maximise returns: Strategic growth, whilst maximising income and capital retu
Slide 9: Item 1: Financial Statements & Reports – Company & Trust
Item 1: Financial Statements & Reports – Company & Trust To receive and consider: a) The financial reports and the reports of the Directors and the auditors in respect of the Company for the financial year ended 30 June 2013; and b) The financial reports and the reports of the Directors and the audi
Slide 10: Item 2: Remuneration Report
Item 2: Remuneration Report – Company Only To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That the Remuneration Report of the Company (which forms part of the Directors’ Report) for the financial year ended 30 June 2013 be adopted.” The Remuneration Rep
Slide 11: Item 2: Remuneration Report – Proxies Received
Item 2: Remuneration Report – Company Only Proxies Received Vote Votes % For 346,071,312 99.07 Against 417,245 0.12 Open 2,828,154 0.81 Abstain 400,028 N/A GROWTHPOINT PROPERTIES AUSTRALIA AGM – 27 November 2013 11
Slide 12: Item 3: Re-Election of Directors
Item 3: Re-Election of Directors – Company Only To consider and, if thought fit, to pass the following as separate ordinary resolutions: a) “That Mr Geoffrey Tomlinson who was appointed a Director on 16 August 2013, with effect from 1 September 2013, retires under rule 11.1(c) of the Company’s Const
Slide 13: Item 3: Re-Election of Directors – Proxies Received
Item 3: Re-Election of Directors – Company Only Proxies Received Re-elect Geoffrey Tomlinson Re-elect Estienne de Klerk Vote Votes % Vote Votes % For 346,581,796 99.17 For 346,672,212 99.18 Against 57,305 0.02 Against 52,264 0.01 Open 2,842,654 0.81 Open 2,842,654 0.81 Abstain 234,984 N/A Abstain 14
Slide 14: Item 4: Approval of Issue to Timothy Collyer
Item 4: Approval of Issue to Timothy Collyer (Managing Director) – Company Only To consider and, if thought fit, pass the following as an ordinary resolution: “That for the purposes of ASX Listing Rule 10.14 and all other purposes the issue of Performance Rights to Timothy Collyer under the Employee
Slide 15: Item 4: Proxies Received
Item 4: Approval of Issue to Timothy Collyer (Managing Director) – Company Only Proxies Received Vote Votes % For 346,025,260 99.04 Against 574,189 0.16 Open 2,819,654 0.80 Abstain 297,636 N/A GROWTHPOINT PROPERTIES AUSTRALIA AGM – 27 November 2013 15
Slide 16: Item 5: Increase in Aggregate Cap on Non-Executive Directors' Remuneration
Item 5: Increase in Aggregate Cap on Non- Executive Directors’ Remuneration – Company Only To consider and, if thought fit, pass the following as a special resolution: “That in accordance with ASX listing Rule 10.17 and for the purposes of clause 11.3(a) of the Company’s Constitution, approval is gi
Slide 17: Item 5: Proxies Received
Item 5: Increase in Aggregate Cap on Non- Executive Directors’ Remuneration – Company Only Proxies Received Vote Votes % For 346,052,415 99.53 Against 539,853 0.16 Open 2,821,139 0.31 Abstain 303,332 N/A GROWTHPOINT PROPERTIES AUSTRALIA AGM – 27 November 2013 17
Slide 18: Voting on Resolutions
Voting on Resolutions 1231 - 1241 Sandgate Road, Nundah - Energex Limited GROWTHPOINT PROPERTIES AUSTRALIA AGM – 27 November 2013 18
Slide 19: Close of Meeting
Close of Meeting Visit the Group’s website at www.growthpoint.com.au GE, 572-576 Swan Street, Richmond GROWTHPOINT PROPERTIES AUSTRALIA AGM – 27 November 2013 19
Slide 20: Glossary & Disclaimer
Glossary & Disclaimer A-IFRS Australian International Financial Reporting Standards A-REIT Australian Real Estate Investment Trust Balance Sheet Gearing total interest bearing debt divided by gross assets CPS cents per stapled security DPS distributions per stapled security FY13 the 12 months ended
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