Duyuru • Jun 18
PYFA Australia Pty Ltd completed the acquisition of remaining 89.67% stake in Probiotec Limited (ASX:PBP). PYFA Australia Pty Ltd entered into a binding scheme implementation deed to acquire remaining 89.67% stake in Probiotec Limited (ASX:PBP) for approximately AUD 240 million on December 21, 2023. The transaction will be financed from combination of debt and direct or indirect equity contributions. The transaction is subject to regulatory approvals, approval by shareholders of PT Pyridam Farma Tbk and Probiotec Limited and court approvals. As of May 10, 2024, The deal has been approved by Foreign Investment Review Board. The transaction has been approved by the Federal Court of Australia. The transaction is expected to close on June 18, 2024. Canterbury Partners Pty Ltd acted as financial and Arnold Bloch Leibler and Soewito Suhardiman Eddymurthy Kardono acted as legal advisors to Probiotec Limited. Grant Samuel Group Limited and PT Mandiri Sekuritas acted as financial and Ashurst Australia and Armand, Yapsunto, Muharamsyah & Partners acted as legal advisor to PYFA Australia Pty Ltd. Boardroom Pty Limited acted as registrar to Probiotec Limited. Grant Thornton Corporate Finance Pty Ltd, Investment Banking Arm acted as financial advisor to Probiotec.
PYFA Australia Pty Ltd completed the acquisition of remaining 89.67% stake in Probiotec Limited (ASX:PBP) on June 18, 2024. Trading in Probiotec shares on ASX was suspended at the close of trading on June 5, 2024. Probiotec has applied for its removal from the official list of ASX with effect from the close of trading as on June 19, 2024. Jared Stringer and Andrew Phillips have been appointed as new Directors of Probiotec. Declared Dividend • Mar 01
First half dividend of AU$0.035 announced Shareholders will receive a dividend of AU$0.035. Ex-date: 4th March 2024 Payment date: 15th March 2024 Dividend yield will be 2.5%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (61% earnings payout ratio) but not covered by cash flows (110% cash payout ratio). The dividend has increased by an average of 20% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • Jan 17
CEO, MD & Executive Director recently sold AU$743k worth of stock On the 12th of January, Wesley Stringer sold around 260k shares on-market at roughly AU$2.86 per share. This transaction amounted to 5.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Wesley's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to AU$2.89, the stock trades at a trailing P/E ratio of 21.5x. Average forward P/E is 18x in the Pharmaceuticals industry in Australia. Total returns to shareholders of 35% over the past three years. New Risk • Dec 08
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.9% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (5.1% net profit margin). Duyuru • Oct 13
Probiotec Limited, Annual General Meeting, Nov 15, 2023 Probiotec Limited, Annual General Meeting, Nov 15, 2023, at 11:00 E. Australia Standard Time. Location: Morgans, Level 25, 367 Collins Street, Melbourne VIC 3000 Melbourne Australia Agenda: To receive and consider the Financial Report, Directors' Report and Auditor's Report for the year ended 30 June 2023; to consider and, if thought fit, pass the following non-binding ordinary resolution: That the Remuneration Report for the year ended 30 June 2023 be adopted; and to consider other matters. New Risk • Aug 26
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.1% Last year net profit margin: 7.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 26
Full year 2023 earnings released: EPS: AU$0.14 (vs AU$0.17 in FY 2022) Full year 2023 results: EPS: AU$0.14 (down from AU$0.17 in FY 2022). Revenue: AU$214.0m (up 17% from FY 2022). Net income: AU$11.0m (down 20% from FY 2022). Profit margin: 5.1% (down from 7.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Pharmaceuticals industry in Australia. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Duyuru • Aug 25
Probiotec Limited Declares Fully Franked Final Dividend for the Period of Six Months Ended June 30, 2023 , Payable on 8 September 2023 Probiotec Limited declared a Fully Franked final dividend for the period of six months ended June 30, 2023 of 3.5 cents per ordinary share, fully franked, and to be paid on 8 September 2023. The dividend will be payable to shareholders of record on 1 September 2023. The October 31, 2023. Reported Earnings • Feb 25
First half 2023 earnings released: EPS: AU$0.067 (vs AU$0.056 in 1H 2022) First half 2023 results: EPS: AU$0.067 (up from AU$0.056 in 1H 2022). Revenue: AU$106.8m (up 25% from 1H 2022). Net income: AU$5.46m (up 23% from 1H 2022). Profit margin: 5.1% (down from 5.2% in 1H 2022). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Pharmaceuticals industry in Australia. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Oct 19
Chairman of the Board recently bought AU$97k worth of stock On the 14th of October, Jonathan Wenig bought around 45k shares on-market at roughly AU$2.16 per share. This transaction amounted to 64% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Jonathan's only on-market trade for the last 12 months. Upcoming Dividend • Aug 31
Upcoming dividend of AU$0.035 per share Eligible shareholders must have bought the stock before 07 September 2022. Payment date: 15 September 2022. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Australian dividend payers (6.6%). In line with average of industry peers (2.5%). Reported Earnings • Aug 25
Full year 2022 earnings released: EPS: AU$0.17 (vs AU$0.066 in FY 2021) Full year 2022 results: EPS: AU$0.17 (up from AU$0.066 in FY 2021). Revenue: AU$182.3m (up 51% from FY 2021). Net income: AU$13.7m (up 170% from FY 2021). Profit margin: 7.5% (up from 4.2% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.6%, compared to a 717% growth forecast for the Pharmaceuticals industry in Australia. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Board Change • Apr 28
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Simon Gray was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Mar 09
Independent Non-Executive Director recently bought AU$54k worth of stock On the 7th of March, Simon Gray bought around 25k shares on-market at roughly AU$2.17 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Mar 01
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: AU$0.056 (up from AU$0.017 in 1H 2021). Revenue: AU$85.2m (up 100% from 1H 2021). Net income: AU$4.44m (up 259% from 1H 2021). Profit margin: 5.2% (up from 2.9% in 1H 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 12%, compared to a 296% growth forecast for the industry in Australia. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 13% per year. Reported Earnings • Mar 01
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: AU$0.056 (up from AU$0.017 in 1H 2021). Revenue: AU$85.2m (up 100% from 1H 2021). Net income: AU$4.44m (up 259% from 1H 2021). Profit margin: 5.2% (up from 2.9% in 1H 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 12%, compared to a 296% growth forecast for the industry in Australia. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 13% per year. Executive Departure • Nov 29
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 29
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 29
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 28
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 28
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 28
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 28
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 28
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 28
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 28
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 28
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 28
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 28
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 28
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 28
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 28
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 28
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 28
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 28
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 28
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 27
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 27
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 27
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 27
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 27
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 27
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 27
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 27
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 27
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 27
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 27
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 27
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 27
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 27
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 27
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 27
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 26
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 26
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 26
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 26
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 26
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 26
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 26
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 26
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 26
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 26
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 26
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 26
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 26
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 26
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 26
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 26
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 26
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 26
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 26
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 26
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 26
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 26
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 26
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 26
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 25
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 25
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 25
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 25
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 25
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 25
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 25
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 25
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 25
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 25
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 25
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 25
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 25
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Nov 25
Independent Non-Executive Director Gregory Lan has left the company On the 24th of November, Gregory Lan's tenure as Independent Non-Executive Director ended after 4.8 years in the role. As of September 2021, Gregory still personally held 113.74k shares (AU$251k worth at the time). A total of 2 executives have left over the last 12 months.