Asx Limited · ASX:ASX
Asx — Shareholder Meeting (September 2009)
26 slides from Asx's shareholder meeting presentation, Sep 30, 2009
Slide 1: 2009 Annual General Meeting: Address by Chairman and CEO
For personal use only MARKET ANNOUNCEMENT 2009 ANNUAL GENERAL MEETING ADDRESS BY CHAIRMAN AND MANAGING DIRECTOR AND CEO 30 SEPTEMBER 2009 ADDRESS BY CHAIRMAN – DAVID GONSKI LADIES & GENTLEMEN THIS ANNUAL GENERAL MEETING COINCIDES WITH THE FIRST ANNIVERSARY OF MY CHAIRMANSHIP OF ASX LIMITED. AS I COM
Slide 2: Chairman's address: competition and market licences
RESULTS FOR RETAIL AND TRADITIONAL LONG-ONLY INVESTORS, OR WHETHER IN FACT THE OPPOSITE OCCURS (TO THE BENEFIT, FOR EXAMPLE, OF STATISTICAL ARBITRAGEURS). HAVING DONE WELL IN NAVIGATING THE FINANCIAL CRISIS SO FAR, SHOULD WE NOT TAKE SOME HEED OF THIS CLEAR DEVELOPMENT? c) A LOT OF PUBLICITY HAS BEE
Slide 3: Chairman's address: board renewal
ASIC, THE REGULATOR, FOUND SO TOO, CONCLUDING IN ITS LATEST ANNUAL ASSESSMENT COMPLIANCE WITH OUR STATUTORY OBLIGATIONS INCLUDING THAT THE GROUP’S ARRANGEMENTS FOR MANAGING CONFLICTS MEET THE STATUTORY STANDARD. ALSO DURING THE YEAR THE BOARD WAS DELIGHTED THAT ROBERT ELSTONE AGREED TO EXTEND HIS TE
Slide 4: CEO address: financial crisis and markets
LITTLE WONDER THAT STOCK MARKETS AROUND THE WORLD, ATTEMPTING TO VALUE THE CASH FLOWS OF LISTED CORPORATIONS OVER MULTI-YEAR FORECASTING PERIODS AND ASSIGNING ‘TERMINAL’ VALUES TO PERPETUITY, WENT INTO A VOLATILE DOWNWARD SPIRAL WHEN FACED WITH THE REALITY OF A CLOSE TO COMPLETE BREAKDOWN OF INTERBA
Slide 5: CEO address: capital raising and regulation
FINANCING AND THE RESULTING INCREASE IN ITS COST, NOT TO MENTION MUCH TOUGHER COVENANT TERMS, SINCE THOSE DARK DAYS OF SEPTEMBER 2008. SOME COMMENTATORS HAVE BEEN CRITICAL OF THE OFFERING STRUCTURES USED BY A NUMBER OF COMPANIES RAISING CAPITAL OVER THE PAST YEAR - PARTICULARLY IN RELATION TO THE PR
Slide 6: CEO address: risk transfer infrastructure
EMBEDDED IN ITS NETWORK IS THE FACT THAT ASX OPERATES, AND HAS ITS CAPITAL BASE EXPOSED TO, A LARGE AND SOPHISTICATED RISK TRANSFER INFRASTRUCTURE - NOT ONLY FOR THE EQUITY MARKET BUT FOR RESURGENT BOND MARKETS TOO, WITH EMBEDDED OPTIONALITY FOR DEVELOPING ENERGY MARKETS. THIS IS RELEVANT FROM THE P
Slide 7: CEO address: multi-market complexity
MARKET WATCHERS AND OTHER COMMENTATORS WOULD BE NAÏVE TO BELIEVE THAT THE STOCK OF COMPLAINT LETTERS FROM A NATION OF RETAIL SHAREHOLDERS, OR THE PIPELINE OF COMPLAINTS FROM MARKET PARTICIPANTS, ABOUT EXISTING MARKET OPERATIONS WILL REDUCE IF MULTI-MARKET COMPLEXITY IS INTRODUCED LATE NEXT YEAR. THE
Slide 8: CEO address: stewardship and acknowledgements
THE CURRENT QUARTER-END COINCIDES WITH THE EARLY PART OF THE SECOND TERM AND FOURTH YEAR OF MY STEWARDSHIP AS MANAGING DIRECTOR AND CEO OF ASX, AFTER SIX YEARS AT THE HELM OF THE FORMER SYDNEY FUTURES EXCHANGE. I SHOULD ACKNOWLEDGE THE CHAIRMAN’S REFERENCE TO MY CONTRACT EXTENSION EARLIER THIS YEAR
Slide 9: ASX Limited 2009 Annual General Meeting
For personal use only ASX Limited 2009 Annual General Meeting 30 September 2009 Sydney, Australia
Slide 10: Address by the Chairman
For personal use only Address by the Chairman David Gonski AC
Slide 11: Address by the Managing Director and CEO
For personal use only Address by the Managing Director and CEO Robert Elstone
Slide 12: Agenda Item: ASX Financial Report
For personal use only Agenda Item 1 ASX Financial Report
Slide 13: Agenda Item: SEGC Financial Report
For personal use only Agenda Item 2 SEGC Financial Report
Slide 14: Agenda Item: Remuneration Report
For personal use only Agenda Item 3 Remuneration Report
Slide 15: Remuneration Report Proxy Summary
Agenda Item 3 For personal use only Remuneration Report Proxy Summary Total Number Valid Proxy Votes 65,957,644 100% FOR 60,842,623 92.24% AGAINST 2,093,322 3.17% OPEN PROXIES 3,021,699 4.58% This Resolution will be decided on a Poll
Slide 16: Re-election and Election of Directors
For personal use only Agenda Item 4 Re-election and Election of Directors
Slide 17: Re-election of Director Rick Holliday-Smith
For personal use only Agenda Item 4(a) Re-election of Director Roderic (Rick) Holliday-Smith
Slide 18: Re-election of Holliday-Smith Proxy Summary
Agenda Item 4(a) For personal use only Re-election of Roderic (Rick) Holliday-Smith Proxy Summary Total Number Valid Proxy Votes 66,302,830 100% FOR 62,383,288 94.09% AGAINST 929,838 1.40% OPEN PROXIES 2,989,704 4.51% This Resolution will be decided on a Poll
Slide 19: Re-election of Director Jillian Segal AM
For personal use only Agenda Item 4(b) Re-election of Director Jillian Segal AM
Slide 20: Re-election of Jillian Segal Proxy Summary
Agenda Item 4(b) For personal use only Re-election of Jillian Segal AM Proxy Summary Total Number Valid Proxy Votes 66,297,145 100% FOR 62,341,292 94.03% AGAINST 977,053 1.47% OPEN PROXIES 2,978,800 4.49% This Resolution will be decided on a Poll
Slide 21: Re-election of Director Peter Warne
For personal use only Agenda Item 4(c) Re-election of Director Peter Warne
Slide 22: Re-election of Peter Warne Proxy Summary
Agenda Item 4(c) For personal use only Re-election of Peter Warne Proxy Summary Total Number Valid Proxy Votes 66,429,870 100% FOR 62,757,232 94.47% AGAINST 660,180 0.99% OPEN PROXIES 3,012,458 4.53% This Resolution will be decided on a Poll
Slide 23: Election of Director Peter Marriott
For personal use only Agenda Item 4(d) Election of Director Peter Marriott
Slide 24: Election of Peter Marriott Proxy Summary
Agenda Item 4(d) For personal use only Election of Peter Marriott Proxy Summary Total Number Valid Proxy Votes 66,277,082 100% FOR 62,010,648 93.56% AGAINST 1,248,947 1.88% OPEN PROXIES 3,017,487 4.55% This Resolution will be decided on a Poll
Slide 25: Questions
For personal use only Questions
Slide 26: ASX Australian Securities Exchange
For personal use only ASX AUSTRALIAN SECURITIES EXCHANGE