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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