Metro Performance Glass
Metro Performance Glass Limited (Metro) was founded in 1987 and went public on the NZX and ASX in 2014. Metro is one of the largest New Zealand based manufacturers of glass for the commercial and residential construction markets, with four manufacturing plants.
In 2016, Metro entered the Australian market through the acquisition of the Australian Glass Group, the company now operates three plants across the Tasman. Metro produces a range of generic and customisable products such as windows, doors, internal partitions, balustrades, pool fencing, showers and mirrors.
Despite employing about 1200 staff, Metro is a small company in terms of market capitalisation, with a value of less than $100 million. Simon Mander has led the company as CEO since late 2018.
Company Details
Registered Office:
PO Box 58-144, Botany, Auckland 2163
Postal Address:
PO Box 58-144, Botany, Auckland 2163
Telephone:
+64 9 927 3000
Facsimile:
n/a
Website:
www.metroglass.co.nz
First Listed:
30/07/2014
Balance Date:
31 March
AGM:
01/08/2023
Directors and Executives
Shawn Beck
Independent Non-Executive Director
Simon Bennett
Independent Non-Executive Director
Jenn Bestwick
Independent Non-Executive Director
Tony Candy
Chief Financial Officer
Peter Griffiths
Independent Chairman
Liam Hunt
Company Secretary
Pramod Khatri
Independent Non-Executive Director
Simon Mander
Chief Executive Officer
Julia Mayne
Independent Non-Executive Director
Announcements
| Title | Date | Type |
|---|---|---|
| Extension of Loan Facilities' Maturity | Mon, Dec 23 2024 12:22 pm | GENERAL |
| MPG Advises Receipt of Acquisition Proposal | Tue, Dec 17 2024 09:43 am | TRANSACT |
| Capital Raise Update | Mon, Dec 16 2024 09:08 am | MKTUPDTE |
| Metroglass provides 1H25 results (unaudited) | Thu, Nov 28 2024 04:50 pm | HALFYR |
| Metro Performance Glass appoints new CFO | Mon, Nov 11 2024 11:31 am | ADMIN |
| Loan Facility Extension | Thu, Oct 31 2024 05:10 pm | GENERAL |
| Results of 2024 Annual Shareholders Meeting | Fri, Sep 27 2024 08:30 am | MEETING |
| 2024 Annual Shareholder Meeting | Thu, Sep 26 2024 02:32 pm | MEETING |
| SPH Notice - Takutai Limited (‘Takutai’) | Wed, Sep 25 2024 11:10 am | SHINTR |
| SPH Notice - Masfen Securities Limited (‘MSL’) | Wed, Sep 25 2024 11:08 am | SHINTR |
Major Holdings Announcements
| Date | Name | No. Held | % | Current |
|---|---|---|---|---|
| 18/07/23 | Masfen Securities Limited | 46,566,659 | 13.00 | 25.12 |
| 18/07/23 | Takutai Limited as trustee of the T | 46,566,659 | - | 25.12 |
| 28/06/23 | Accident Compensation Corporation | 9,227,401 | 5.37 | 4.98 |
| 25/06/21 | Bain Capital Credit, LP, Bain Capit | 12,522,769 | 11.05 | 6.76 |
| 21/04/20 | Investment Services Group Limited | 7,954,055 | 5.89 | 4.29 |
| 20/02/20 | Schroder Investment Management Aust | - | 6.11 | - |
| 06/11/19 | National Australia Bank Limited | 8,638,624 | 6.56 | 4.66 |
| 29/11/18 | New Zealand Superannuation Fund Nom | 3,203,072 | 7.32 | 1.73 |
| 20/03/18 | Commonwealth Bank of Australia | 6,725,034 | 5.06 | 3.63 |
| 19/12/17 | Milford Asset Management Limited | 8,494,950 | 5.78 | 4.58 |
| 28/08/17 | Janus Henderson Group PLC | 8,866,225 | 6.61 | 4.78 |
| 26/05/17 | Henderson Global Investors Limited | 14,235,475 | 6.58 | 7.68 |
| 03/04/17 | Fisher Funds Management Limited | - | 7.31 | - |
| 31/03/17 | Devon Funds Management Limited | 11,779,748 | 5.10 | 6.35 |
| 10/03/17 | Harbour Asset Management & Jarden P | 7,285,863 | 5.49 | 3.93 |
| 22/02/17 | Jarden Partners Limited. | 10,183,602 | 6.54 | 5.49 |
| 17/11/16 | ANZ New Zealand Investments Limited | 8,324,546 | 5.26 | 4.50 |
| 18/07/16 | Salt Funds Management Limited | 11,294,967 | 7.17 | 6.10 |
| 07/06/16 | Crescent Capital Partners Managemen | - | 8.27 | - |
Director’s Interests Announcements
| Date | Name | No. Held | % | Details | Other |
|---|---|---|---|---|---|
| 12/07/22 | Peter Griffiths | 321,164 | - | - | - |
| 24/02/22 | Julia Mayne | 25,000 | - | - | - |
| 28/05/21 | Mark Eglinton | 40,000 | - | - | - |
| 27/07/20 | Brent Mealings | 27,000 | - | - | - |
| 02/03/20 | Graham Stuart | 100,000 | - | - | - |
| 02/03/20 | Angela Bull | 65,825 | - | - | - |
| 02/03/20 | Simon Mander | 200,000 | - | - | - |
| 03/09/18 | Rhys Jones | 58,000 | - | - | - |
| 07/06/18 | Gordon Buswell | 50,000 | - | - | - |
| 30/08/17 | Nigel Rigby | 5,418,401 | - | - | - |
| 30/08/17 | Sir John Coulter | 30,000 | - | - | - |
| 08/08/17 | Andrew Paterson | 1,294 | - | - | - |
| 08/08/17 | John Fraser-Mackenzie | 21,294 | - | - | - |
Analysts’ Forecasts
No forecasts available
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: 24/07/2018
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