Company Profile

Summerset Group

Summerset Group Holdings was listed on the NZX in 2011 and the ASX in 2013. The company is a developer and operator of retirement villages in New Zealand with more than 5,500 residents across 31 retirement villages throughout NZ.

The company recently announced plans to expand into the Australian market through two land acquisitions which they are planning to develop new retirement facilities on.

The company employees more than 1,500 people and has a market capitalisation of over $2 billion in 2020. Julian Cook has been the CEO of Summerset since 2014.


Announcements
Title Date Type
Outcome of Summerset Annual Meeting Wed, Apr 27 2022 03:33 pm MEETING
Summerset Annual Meeting - Chairman and CEO Addresses Wed, Apr 27 2022 01:00 pm MEETING
Ongoing Disclosure Notice (Stephen Bull) Wed, Apr 20 2022 02:20 pm SHINTR
1Q22 Metrics - Sales of Occupation Rights Mon, Apr 11 2022 08:30 am MKTUPDTE
Ongoing Disclosure Notices Tue, Mar 29 2022 04:35 pm SHINTR
SPH Notice - Fisher Funds Management Limited Fri, Mar 25 2022 08:41 am SHINTR
ASX Appendix 2A Wed, Mar 23 2022 09:36 am SECISSUE
Notice of Allotment of Securities Wed, Mar 23 2022 08:30 am SECISSUE
Notice of Meeting Wed, Mar 23 2022 08:30 am MEETING
Summerset Director James Ogden Announces Retirement Mon, Mar 21 2022 08:30 am ADMIN
Directors and Executives
Dr Marie Bismark
Independent Non-Executive Director
Stephen Bull
Independent Non-Executive Director
Venasio Crawley
Independent Non-Executive Director
Robyn Heyman
Company Secretary
James Ogden
Independent Non-Executive Director
Scott Scoullar
Chief Executive Officer
Grainne Troute
Independent Non-Executive Director
Anne Urlwin
Independent Non-Executive Director
Mark Verbiest
Independent Chairman
Andrew Wong
Independent Non-Executive Director
William Wright
Chief Financial Officer
Company Details
Registered Office: Level 27, Majestic Centre, 100 Willis Street, Wellington 6011
Postal Address: PO Box 5187, Lambton Quay, Wellington 6145
Telephone: +64 4 894 7320
Facsimile: +64 4 894 7319
Website: www.summerset.co.nz
First Listed: 01/11/2011
Balance Date: 31 December
AGM: 27/04/2022
Major Holdings Announcements
Date Name No. Held % Current
25/03/22 Fisher Funds Management Limited 14,328,895 5.19 6.20
04/02/22 Milford Asset Management Limited 11,323,399 - 4.92
12/01/22 Harbour Asset Management Limited an 15,615,814 7.21 6.78
03/08/21 The Vanguard Group, Inc. 6,643,365 5.00 2.90
19/08/20 Accident Compensation Corporation 11,319,999 5.04 4.96
06/05/20 Milford Funds Limited 12,006,954 - 5.27
19/07/19 Harbour Asset Management Limited 18,658,150 6.14 8.27
15/03/19 Jarden Partners Limited. 16,136,639 8.25 7.16
11/06/18 New Zealand Superannuation Fund Nom 11,196,480 5.04 4.98
16/10/17 Cooper Investors Pty Ltd 10,924,594 5.06 4.90
Director’s Interests Announcements
Date Name No. Held % Details Other
20/04/22 Stephen John Bull 6,700 - - -
29/03/22 Marie Magdaleen Bismark 24,233 - - -
29/03/22 Grainne Troute 25,241 - - -
29/03/22 Scott Scoullar 573,424 - - -
29/03/22 James Ogden 39,707 - - -
29/03/22 Anne Urlwin 31,834 - - -
23/12/21 William George Graeme W 122,361 - - -
16/11/21 Venasio Crawley 4,285 - - -
31/08/21 Mark John Verbiest 7,000 - - -
11/05/21 Robert James Campbell 10,320 - - -
01/04/21 Tania Smith 8,012 - - -
02/03/21 Julian Cook 2,266,803 - - -
02/11/17 Andrew Wong 10,500 - - -
09/09/16 Norah Kathleen Barlow 509,795 0.23 - -
Analysts’ Forecasts
profit2021 profit2022 eps2021 dps2021 sales2021 ebit2021 ebitda2021
mean 173.2 190.9 67.2 21.4 400.1 173.0 186.5
high 198.1 212.9 68.2 23.0 400.1 173.0 186.9
low 148.3 168.8 66.2 19.9 400.1 173.0 186.1
sample 2 2 2 2 1 1 2
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: 01/04/2022
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