ASX Announcements
Notification regarding unquoted securities - PPT
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
- Dec 6, 2024
- 6 pages
Today
Perpetual’s ATO ruling expected imminently
Perpetual has been seeking relief from the ATO to allow it to reorganise the business.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Yesterday
Ex-Pendal chief Emilio Gonzalez to join Brisbane fundie
Street Talk can reveal Gonzalez will join the board of Brisbane-based Australian equities boutique DNR Capital from February 1.
- Sarah Thompson, Kanika Sood and Emma Rapaport
This Month
Perpetual sues former wealth adviser who defected to Morgan Stanley
The wealth and funds management giant wants to stop Daniel Elias from contacting its clients, and says he is restrained from doing so until next year.
- Max Mason
Nine private wealth advisers defect from Perpetual
Street Talk understands nine advisers resigned from the 138-year-old investment group on Friday.
- Sarah Thompson, Kanika Sood and Emma Rapaport
November
- Opinion
- Chanticleer
Why Perpetual wants to maintain Murdoch control at News Corp
News Corp shareholders have been asked to vote on whether the company’s dual-class share structure should be collapsed this week.
- Anthony Macdonald
Eleven stock tips from Sohn to get you through 2025
Presenting in Adelaide on Friday, top investors pitched their ideas for how to make big returns from the sharemarket over the next 12 months.
- Joshua Peach, Jonathan Shapiro and Daniel Arbon
October
2024’s most powerful and influential directors revealed
As AGM season gathers pace, the BOSS index of the country’s most powerful and influential directors reveals a new cohort rising through the ranks.
- Patrick Durkin
- Opinion
- Governance
Perpetual board fails to show the slightest contrition for failures
There have been plenty of governance fails among ASX-listed companies. But the speed and scale of wealth destruction at Perpetual ranks it among the worst.
- Jonathan Shapiro
Perpetual investors deliver massive rebuke, 88pc vote against pay plan
The investment management giant has been hit with big outflows, but had proposed paying huge bonuses to retain key staff.
- Jonathan Shapiro
Perpetual dissident fails at AGM hurdle
There’s always one every year: an AGM that’s less about its resolutions than it is about the salvaging of grievances.
- Myriam Robin
New Perpetual CEO vows to take knife to costs
New boss Bernard Reilly agrees with shareholders who have recommended he cut costs as the firm prepares for life as a slimmed-down asset manager.
- Jonathan Shapiro
September
Perpetual faces investor backlash over bonuses with ‘no justification’
Proxy advisory firm Institutional Shareholder Services, which had previously been supportive of the fund manager, is urging a vote against executive pay and board members.
- Jonathan Shapiro
- Opinion
- Chanticleer
Star needs new friends to stop the bleeding
Where will Star Entertainment’s shares trade? Surely, it’s going to be ugly on Friday morning.
- Anthony Macdonald
Perpetual orders temperature checks on register ahead of AGM
Hiring firms of Morrow Sodali’s ilk ahead of a shareholder vote can either be stock standard procedure or a stress response from an under-pressure board.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Corporate Australia mourns former BT boss Rob Ferguson
His Bankers Trust colleague Chris Corrigan remembered him as “an individual thinker with an inquiring mind, who never lost his curiosity about how the world works”.
- Updated
- Joshua Peach
August
- Results Wrap
- Chanticleer
Perpetual ready to sprinkle riches; red flags at Cettire
Wesfarmers and Qantas headlined the final Thursday of earnings season, but it was Perpetual and Cettire’s results that caught our eye.
- James Thomson and Anthony Macdonald
Where’s the premium? UBS’ Sujit Dey questions Perpetual’s KKR deal
The leftover funds management business is worth about $12.83 a share, going off eight times $183 million in after-tax profit on Dey’s count.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Perpetual takes ‘embarrassing’ $547m write-down on Pendal funds
The firm, which is in the midst of selling a large part of itself to KKR, disclosed the write-down just four days before it delivers a full-year financial update.
- Jonathan Shapiro
Perpetual’s new CEO; Domino’s boss scrambles; Coffee boosts Breville
Read everything that’s happened in the news so far today.
New Perpetual CEO hired to take ‘legacy into the next phase’
The company has hired the former head of a $300 billion super fund giant, Bernard Reilly, to manage the break-up of the 138-year-old firm.
- Jonathan Shapiro