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
Agreements reached for capital raise and new loan facility	Tue, Jul 01 2025 08:47 am	OFFER
Metro's view of Viridian's Com Com application	Thu, Jun 05 2025 08:48 am	TRANSACT
Metroglass provides FY25 results (audited)	Tue, May 27 2025 08:30 am	FLLYR
Metro Performance Glass indicative FY25 Update and Outlook	Thu, Apr 10 2025 10:20 am	MKTUPDTE
MPG – Trading to resume at 11:15	Fri, Mar 14 2025 11:04 am	HALT
Metroglass clarifies media statements by Crescent Capital	Fri, Mar 14 2025 11:00 am	TRANSACT
MPG – Trading Halt of Securities	Fri, Mar 14 2025 09:57 am	HALT
Metro Glass Organisational change and director appointment	Tue, Mar 11 2025 04:41 pm	ADMIN
MPG Ends Consideration of Proposal from Crescent	Fri, Feb 28 2025 09:56 am	TRANSACT
Ongoing disclosure notice - Simon Mander	Mon, Jan 20 2025 08:30 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