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 |
|---|---|---|
| Director Nominations closing date and ASM date | Fri, Aug 15 2025 08:30 am | GENERAL |
| Quotation Notice - Metro Performance Glass Ltd ("MPGRG") | Mon, Aug 11 2025 12:51 pm | OFFER |
| Metro Renounceable Rights Offer | Mon, Aug 11 2025 09:11 am | GENERAL |
| Metro Glass Notice of Special Shareholders’ Meeting | Mon, Aug 11 2025 08:48 am | MEETING |
| Commerce Commission to issue SOI re Viridian application | Fri, Jul 25 2025 10:08 am | MKTUPDTE |
| 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 |
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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