Argosy Property

Argosy Property is a diversified real estate investment company with a portfolio of industrial, office and retail properties throughout New Zealand. The company’s investment portfolio of 59 buildings was valued at more than $1.8 billion in 2020.

Peter Mence has led Argosy as CEO since 2009 and the company has traded on the NZX as Argosy since 2010.

Company Details

Registered Office: 39 Market Place, Auckland Central, Auckland 1010

Postal Address: PO Box 90214, Victoria Street West, Auckland 1142

Telephone: +6493043400

Facsimile: +6493571801

Website: http://www.argosy.co.nz/

First Listed: 04/12/2002

Balance Date: 31 March

AGM: 20/06/2023

Directors and Executives

David Fraser

Chief Financial Officer

Christopher Gudgeon Independent Director

Stuart McLauchlan

Independent Director

Peter Mence

Chief Executive Officer

Jeff Morrison

Chairman

Mike Pohio

Independent Director

David Snelling

Company Secretary

Martin Stearne

Independent Director

Rachel Winder

Independent Director

Announcements

Title	Date	Type
ARG announces second quarter dividend and reopens DRP	Wed, Nov 20 2024 08:30 am	CORPACT
Argosy FY25 Interim Result	Wed, Nov 20 2024 08:30 am	HALFYR
FY25 interim results announcement and webcast details	Tue, Nov 05 2024 10:33 am	GENERAL
Independent Director Determination	Tue, Oct 22 2024 10:04 am	ADMIN
Argosy appoints new Director	Wed, Oct 16 2024 03:12 pm	ADMIN
Ongoing Disclosure Notice	Wed, Aug 14 2024 12:34 pm	SHINTR
Ongoing Disclosure Notice	Mon, Jul 29 2024 04:30 pm	SHINTR
Ongoing Disclosure Notice	Thu, Jul 25 2024 10:28 am	SHINTR
Ongoing Disclosure Notices – Long Term Incentive Scheme	Thu, Jul 18 2024 05:04 pm	SHINTR
Performance Share Rights granted under Long Term Incentive	Thu, Jul 18 2024 04:53 pm	OFFER

Major Holdings Announcements

Date	Name	No. Held	%	Current
25/01/24	Jarden Securities Limited and Harbo	59,611,814	5.02	7.04
30/10/23	Accident Compensation Corporation	78,916,213	8.32	9.32
02/03/23	Salt Funds Management Limited	44,429,493	4.95	5.25
27/02/23	Harbour Asset Management Limited, J	51,071,848	-	6.03
19/09/22	BlackRock Inc. and related bodies c	42,320,870	5.01	5.00
03/08/21	The Vanguard Group, Inc.	28,318,098	5.06	3.36
08/10/18	Milford Asset Management Limited	38,894,705	5.00	4.70
02/10/18	ANZ New Zealand Investments Limited	40,219,593	5.03	4.86
08/09/17	Milford Funds Limited	40,704,070	5.23	4.94
01/09/17	Westpac Banking Corporation	40,682,564	5.01	4.94

Director’s Interests Announcements

Date	Name	No. Held	%	Details	Other
19/12/23	Martin William Stearne	369,225	-	-	-
08/12/23	Jeffrey Robert Morrison	335,114	-	-	-
31/05/23	David Lyle Fraser	603,616	-	-	-
19/05/23	Peter Donald Mence	1,176,787	-	-	-
28/02/23	Stuart James McLauchlan	51,398	-	-	-
24/06/20	Peter Clynton Brook	197,756	-	-	-
28/02/20	Michael Eric Pohio	50,000	-	-	-
28/02/20	Rachel Beulah Winder	14,000	-	-	-
07/12/17	Andrew Mark Cross	50,000	-	-	-
30/06/17	Andrew Hardwick Evans	107,607	-	-	-

Analysts’ Forecasts

	profit2021	profit2022	eps2021	dps2021	sales2021	ebit2021	ebitda2021
mean	-42.0	6.8	6.7	119.5	108.4	108.4
high	-42.0	6.8	6.7	119.5	108.4	108.4
low	-42.0	6.8	6.7	119.5	108.4	108.4
sample	1	0	1	1	1	1	1

Disclaimer

Data on this page is from BusinessDesk and NZX Ltd for information purposes only. Details are believed to be accurate but no warranty is given as to accuracy, timeliness, reliability or completeness. No person should rely on the contents of the report and all persons should obtain independent professional advice before acting on any information connected with or contained in this report.

Last Updated: 20/12/2023