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


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