General Capital Ltd. · NZX:GEN
General Capital — Shareholder Meeting (January 2023)
17 slides from General Capital's shareholder meeting presentation, Jan 19, 2023
Slide 1: Welcome to General Capital Limited's Extraordinary Shareholder Meeting
Welcome to General Capital Limited’s Extraordinary Shareholder Meeting 11:00am Thursday 19 January 2023 1
Slide 2: Chairman of the meeting: Simon McArley
Chairman of the meeting： Simon McArley 2
Slide 3: General Capital Directors
General Capital Directors Brent King Rewi Bugo Huei Min (Lyn) Lim Simon McArley Paul Zingel Greg James 3
Slide 4: Agenda
Agenda 1.1 Chairman’s Introduction 1.2 Apologies 1.3 Chairman’s address 1.4 Extraordinary Business 1.5 MD’s update 1.6 General Business and Shareholder discussion 4
Slide 5: 1.1 Chairman's Introduction
1.1 Chairman’s Introduction 5
Slide 6: 1.2 Apologies
1.2 Apologies = GENERAL S Capita
Slide 7: 1.3 Chairman's address
1.3 Chairman’s address 7
Slide 8: 1.4 Extraordinary Business: Resolution 1
1.4 Extraordinary Business a) Resolution 1: Issue of Shares to API No 1 Limited Partnership (“API Allotment”). To consider and, if thought fit, to pass the following ordinary resolution: That, the shareholders approve (for the purposes of NZX Listing Rule 4.2.1 (issue of equity securities) and Rule
Slide 9: Resolution 2: Issue of Shares to Borneo Capital Limited
b) Resolution 2: Issue of Shares to Borneo Capital Limited (“Borneo Allotment”). To consider and, if thought fit, to pass the following ordinary resolution: That, the shareholders approve (for the purposes of NZX Listing Rule 4.2.1 (issue of equity securities) and 5.2.1 (related party transaction) a
Slide 10: Resolution 3: Election of Director Megan Glen
c) Resolution 3: Election of Director to the Board of the Company: Megan Glen To consider and, if thought fit, to pass the following ordinary resolution: That, subject to shareholder approval of the API Allotment, Megan Glen be elected as a director of the Company, with effect from the date of compl
Slide 11: 1.5 MD's Update
1.5 MD’s Update = GENERAL S_ Capita
Slide 12: Managing Director's comments to the Extraordinary Shareholder Meeting
Managing Director’s comments to the Extraordinary Shareholder Meeting Good morning, Ladies and Gentlemen. The purpose of the meeting was to approve the resolutions that we have voted on earlier in the meeting. Because we are all together, I want to take the opportunity to review the major points of
Slide 13: 2022 year key events
• General Capital made a significant share placement in February 2022 to the Bedford Trust and appointed Paul Zingel as a new Director • General Capital announces an excellent profit for the full year to 31/3/2022 with growth in all aspects of the business • Equifax upgrades General Finance Ltd.’s o
Slide 14: Comments/Observations
Comments/Observations •We have continued to grow all aspects of the business. •We continue to hold strong liquidity •Our capital ratios continue to be very strong. •We are continuing to review acquisition opportunities, but prices are still too high •Property values have dropped significantly . The
Slide 15: Summary
Summary We are in a strong position, and we will be in an even stronger with the capital raised by these placements. I am expecting a very positive 2023 calendar year.
Slide 16: 1.6 General Business and Shareholder discussion
1.6 General Business and Shareholder discussion - to consider any other matters that may be brought properly before the Meeting. 16
Slide 17: Thank you for attending General Capital Limited's Extraordinary Shareholder Meeting
Thank you for attending General Capital Limited’s Extraordinary Shareholder Meeting 17 17