Growthpoint Properties Australia · ASX:GOZ
Growthpoint Properties Australia — Shareholder Meeting (November 2012)
24 slides from Growthpoint Properties Australia's shareholder meeting presentation, Nov 27, 2012
Slide 1: Annual General Meeting 27 November 2012
For personal use only Growthpoint Properties Australia (ASX Code: GOZ) Annual General Meeting 27 November 2012 Growthpoint Properties Australia Trust ARSN 120 121 002 Growthpoint Properties Australia Limited ABN 33 124 093 901 AFSL 316409 CB1 & 2, 32 Cordelia Street, South Brisbane, QLD
Slide 2: Agenda
CB2, 32 Cordelia Street, South Brisbane, QLD For personal use only Agenda 1 Chairman’s Address 2 Managing Director’s Address 3 Combined Annual Report - Trust & Company 4 Voting on Resolutions 5 Close of Meeting A glossary is included on the final page of this presentation. Presenter Lyn Shaddock Ind
Slide 3: Chairman's Address
For personal use only Growthpoint Properties Australia Chairman’s Address Lyn Shaddock Independent Chairman 33-39 Richmond Road, Keswick, SA
Slide 4: Group Overview & Strategy
For personal use only Growthpoint Properties Australia Group Overview & Strategy Timothy Collyer Managing Director 28 Bilston Drive, Wodonga, VIC
Slide 5: FY2012 highlights
FY2012 highlights − Distributable income $57.7m; 17.7cps; 58.5% above FY2011 For personal use only Group − Distribution per stapled security of 17.6 cents – above guidance and 2.9% above FY2011 − Property assets > $1.6 billion; 6 assets totalling $346.2 million purchased in FY2012 − ASX market capit
Slide 6: Property portfolio – key metrics
Property portfolio – key metrics1 For personal use only 1 Figures include properties contracted to purchase at 30 June 2012 at their purchase price, properties in development at their independent value on completion and rental guarantees (as applicable) Growthpoint Properties Australia AGM – 27 Nove
Slide 7: Property portfolio – acquisitions and developments
Property portfolio – acquisitions and developments Acquisitions Developments For personal use only Energex, Nundah, QLD 333 Ann Street, Brisbane Purchase outlay: $77.9m before Price: $109.95m acquisitions costs Lettable area: 16,476m2 Lettable area: 12,910m2 Initial yield: 9.10% Initial yield: 8.25%
Slide 8: Growth in the Group
Growth in the Group For personal use only 1 Includes “GOZ”, “GOZNA” and “GOZN” securities 2 Date of transaction announcement Growthpoint Properties Australia AGM – 27 November 2012 | Page 8
Slide 9: Outlook
Outlook − Strategy: Clear and simple strategy, own quality commercial properties in Australia for rental For personal use only Group income. 4 pillars: 100% investment in Australia, no funds management, internalised management and not a developer − Property portfolio: well placed, with long WALE, qu
Slide 10: Combined Annual Report – Trust & Company
For personal use only Growthpoint Properties Australia Combined Annual Report – Trust & Company 365 Fitzgerald, Derrimut, VIC
Slide 11: 1: Financial Statements & Reports – Company & Trust
Item 1: Financial Statements & Reports – Company & Trust For personal use only 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 2012; and b) The financial reports and the reports of the
Slide 12: 2: Remuneration Report
Item 2: Remuneration Report – Company Only For personal use 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 2012 be adopted.
Slide 13: 2: Remuneration Report – Proxies Received
Item 2: Remuneration Report – Company Only For personal use only Proxies Received Vote Votes % For 326,056,992 99.52 Against 389,612 0.12 Open 1,169,107 0.36 Abstain 356,243 N/A Growthpoint Properties Australia AGM – 27 November 2012 | Page 13
Slide 14: 3: Re-Election of Directors
Item 3: Re-Election of Directors – Company Only For personal use only To consider and, if thought fit, to pass the following as separate ordinary resolutions: a) “That Ms Maxine Brenner who was appointed a Director on 19 March 2012, retires under rule 11.1(c) of the Company’s Constitution and, being
Slide 15: 3: Re-Election of Directors – Proxies Received
Item 3: Re-Election of Directors – Company Only For personal use only Proxies Received Re-elect Maxine Brenner Re-elect Grant Jackson Vote Votes % Vote Votes % For 326,217,547 99.49 For 326,673,393 99.63 Against 457,285 0.14 Against 35,264 0.01 Open 1,204,797 0.37 Open 1,190,374 0.36 Abstain 119,105
Slide 16: 4: Approval of Proportional Takeover Provisions
Item 4: Approval of Proportional Takeover Provisions – Company Only For personal use only To consider and, if thought fit, pass the following resolution as a special resolution: “That the Company’s Constitution be amended by the insertion of proportional takeover provisions as clause 8 of the Compan
Slide 17: 4: Proportional Takeover Provisions – Proxies Received
Item 4: Approval of Proportional Takeover Provisions For personal use only – Company Only Proxies Received Vote Votes % For 326,074,999 99.46 Against 591,213 0.15 Open 1,167,107 0.36 Abstain 165,415 N/A Growthpoint Properties Australia AGM – 27 November 2012 | Page 17
Slide 18: 5: Approval of Issue to Timothy Collyer (Managing Director)
Item 5: Approval of Issue to Timothy Collyer (Managing Director) – Company Only For personal use only To consider and, if thought fit, pass the following as an ordinary resolution: “That for all purposes the issue of Performance Rights to Timothy Collyer under the Employee Incentive Plan, in accorda
Slide 19: 5: Issue to Timothy Collyer – Proxies Received
Item 5: Approval of Issue to Timothy Collyer (Managing Director) – For personal use only Company Only Proxies Received Vote Votes % For 325,402,523 99.29 Against 1,112,774 0.34 Open 1,202,006 0.37 Abstain 281,431 N/A Growthpoint Properties Australia AGM – 27 November 2012 | Page 19
Slide 20: 6: Approval of Amendments to Company's Constitution
Item 6: Approved of Amendments to Company’s Constitution – Company Only For personal use only To consider and, if thought fit, pass the following as a special resolution: “That the amendments to the Constitution as set out in the Explanatory Memorandum to the Notice of Meeting be approved.” Growthpo
Slide 21: 6: Amendments to Constitution – Proxies Received
Item 6: Approved of Amendments to Company’s Constitution – Company Only For personal use only Proxies Received Vote Votes % For Against Open Abstain Growthpoint Properties Australia AGM – 27 November 2012 | Page 21
Slide 22: Voting on Resolutions
For personal use only Growthpoint Properties Australia Voting on Resolutions 10-12 Mort Street, Canberra, ACT
Slide 23: Close of Meeting
For personal use only Growthpoint Properties Australia (ASX Code: GOZ) Close of Meeting Visit the Group’s website at www.growthpoint.com.au 572 – 576 Swan Street, Richmond, VIC
Slide 24: Glossary & Disclaimer
Glossary & Disclaimer For personal use only A-IFRS Australian International Financial Reporting Standards A-REIT Australian Real Estate Investment Trust cps cents per stapled security dps distributions per stapled security FY09 the 12 months ended 30 June 2009 FY10 the 12 months ended 30 June 2010 F
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