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Company Profile

Chorus

Chorus was formed in 2008 and the company was listed on the NZX in 2011. Chorus is a telecommunications infrastructure company operating New Zealand’s largest fixed line fibre optic and copper cable communications networks.

The company provides an open access network which broadband providers can use to provide customers with communications products and services.

Chorus is one of the larger companies on the NZX with a market capitalisation of almost $4 billion in 2020 and is dual listed on both the NZX and ASX. The company appointed JB Rousselot as CEO in 2019.

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Announcements
Title Date Type
Notice of on-market share buyback Mon, May 09 2022 08:30 am SECISSUE
Notice of on-market share buyback Fri, May 06 2022 08:30 am SECISSUE
Notice of on-market share buyback Thu, May 05 2022 08:30 am SECISSUE
Notice of on-market share buyback Wed, May 04 2022 08:30 am SECISSUE
Chorus amends syndicated bank facility Tue, May 03 2022 08:30 am MKTUPDTE
Notice of on-market share buyback Tue, May 03 2022 08:30 am SECISSUE
Notice of on-market share buyback Thu, Apr 28 2022 08:30 am SECISSUE
SPH Notice - Mitsubishi UFJ Financial Group, Inc. Fri, Apr 22 2022 03:34 pm SHINTR
SPH Notice - Mitsubishi UFJ Financial Group, Inc. Thu, Apr 21 2022 04:27 pm SHINTR
Notice of on-market share buyback Thu, Apr 14 2022 08:30 am SECISSUE
Directors and Executives
Sue Bailey
Independent Director
Elaine Campbell
General Counsel / Company Secretary
David Collins
Chief Financial Officer
Mark Cross
Independent Director
Miriam Dean
Independent Non-Executive Director
Murray Jordan
Independent Director
Kate Jorgensen
Independent Director
Jack Matthews
Independent Director
Jean-Baptiste Roussel Chief Executive Officer
Patrick Strange
Independent Chairman
Company Details
Registered Office: Level 10, 1 Willis Street, Wellington 6011
Postal Address: Level 10, 1 Willis Street, Wellington 6011
Telephone: +64 4 896 4004
Facsimile: n/a
Website: www.chorus.co.nz
First Listed: 23/11/2011
Balance Date: 30 June
AGM: 27/10/2021
Major Holdings Announcements
Date Name No. Held % Current
22/04/22 Mitsubishi UFJ Financial Group, Inc 21,579,364 6.27 4.83
28/03/22 L1 Capital Pty Limited 36,464,794 8.39 8.16
10/09/21 Mitsubishi UFJ Financial Group, Inc 20,894,030 4.83 4.67
08/09/21 BNP PARIBAS SA (“BNPP SA”) and its 856,064 5.95 0.19
30/08/21 Commonwealth Bank of Australia 22,330,536 5.05 5.00
03/08/21 The Vanguard Group, Inc. 21,465,407 7.50 4.80
03/09/20 UniSuper Limited as trustee for Uni 24,785,874 5.47 6.48
25/03/20 Morgan Stanley and its Subsidiaries 19,276,728 5.20 4.34
09/03/20 Mitsubishi UFJ Financial Group, Inc 23,235,432 4.85 5.24
18/10/19 Accident Compensation Corporation 22,010,905 5.01 4.96
19/11/18 Allan Gray Australia Pty Ltd and it 21,539,771 5.56 4.94
29/11/17 Macquarie Group Limited 20,997,201 5.65 4.94
Director’s Interests Announcements
Date Name No. Held % Details Other
14/04/22 Jack Matthews 19,521 - - -
14/04/22 Murray Peter Jordan 221,767 - - -
14/04/22 Andrew Mark Cross 30,156 - - -
28/02/22 Susan Michelle Bailey 30,000 - - -
14/10/21 Prudence Mary Flacks 44,234 - - -
14/10/21 Kate Louise Jorgensen 12,975 - - -
15/12/20 Dr Patrick Clifford Str 51,000 - - -
25/10/19 Kathryn McKenzie 65,862 - - -
11/10/19 Anne June Urlwin 20,394 - - -
06/03/19 Lyndal Jane York 1,000 - - -
21/09/18 Andrew Carroll 109,040 - - -
21/09/18 Elaine Campbell 14,670 - - -
24/10/17 Keith Sharman Turner 6,616 - - -
06/10/17 Vanessa Oakley 27,666 - - -
07/10/16 Mark Adrian Ratcliffe 152,467 0.04 - -
07/10/16 Clayton Wakefield 21,752 0.01 - -
Analysts’ Forecasts
profit2021 profit2022 eps2021 dps2021 sales2021 ebit2021 ebitda2021
mean 66.8 65.5 15.0 30.5 968.4 246.3 673.1
high 67.0 65.5 15.1 35.0 968.4 246.3 684.7
low 66.7 65.5 14.8 26.0 968.4 246.3 661.5
sample 2 1 2 2 1 1 2
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: 22/04/2022
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