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
Jenn Bestwick
Independent Non-Executive Director
Mark Eglinton
Independent Non-Executive Director
Peter Griffiths
Independent Chairman
Liam Hunt
Company Secretary
Rhys Jones
Independent Non-Executive Director
Simon Mander
Chief Executive Officer
Julia Mayne
Independent Non-Executive Director
Brent Mealings
Chief Financial Officer
Graham Stuart
Independent Non-Executive Director
Announcements
| Title | Date | Type |
|---|---|---|
| Correction to 1H24 NZX Result Template Form | Wed, Nov 29 2023 09:57 am | GENERAL |
| Metroglass provides 1H24 results (unaudited) | Wed, Nov 29 2023 08:31 am | HALFYR |
| Metroglass announces Director resignation | Thu, Nov 09 2023 03:32 pm | ADMIN |
| Metro Performance Glass to announce FY24 half year results | Fri, Nov 03 2023 10:58 am | GENERAL |
| Shawn Beck joins the Board of Metro Performance Glass | Tue, Oct 24 2023 09:24 am | ADMIN |
| MPG 2023 Shareholder Meeting Results | Tue, Aug 01 2023 02:12 pm | MEETING |
| Annual Shareholders' Meeting Presentation and Addresses | Tue, Aug 01 2023 08:30 am | MEETING |
| Metroglass announces Director resignation | Mon, Jul 24 2023 09:41 am | ADMIN |
| Metro Performance Glass Ltd – Trading to resume at 2:09pm | Tue, Jul 18 2023 02:00 pm | HALT |
| Metroglass Updating Announcement | Tue, Jul 18 2023 01:54 pm | MKTUPDTE |
Major Holdings Announcements
| Date | Name | No. Held | % | Current |
|---|---|---|---|---|
| 16/12/22 | Takutai Limited as trustee of the T | 20,289,230 | 9.16 | 10.94 |
| 19/08/22 | Accident Compensation Corporation | 9,951,124 | 6.52 | 5.37 |
| 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 | - |
| 17/02/20 | Masfen Securities Limited | 24,181,475 | - | 13.00 |
| 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: 12/05/2023
Markets News
Markets
Market close
NZ sharemarket lifts into positive territory for the year
The S&P/NZX 50 Index closed at 11,496.61, up 33.12 points or 0.29%.
Markets
Air NZ’s 'small but mighty' step towards green aviation
The carrier has bought an all-electric aircraft from Beta Tech, to be delivered in 2026.
Markets
Xero, Tourism Holdings, NZME among Deloitte Top 200 winners
The prestigious Deloitte Top 200 Awards winners were revealed on Wednesday evening.
Markets
ComCom: Is it time to deregulate fibre broadband?
The review is the first under a new regulatory regime.
Finance
Fonterra lifts payout, earning forecast
The lift comes after the recent lift in global prices.
