Notice of annual meeting

NZX RELEASE
30 June 2020
Notice of Annual Meeting
Asset Plus Limited gives notice that the Annual Meeting will be held at Link Market Services, Level 11, Deloitte
Centre, 80 Queen Street, Auckland on Tuesday 28 July 2020 commencing at 2:00pm.
A copy of the notice of meeting that is being sent to shareholders is attached.
-ENDS-

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NOTICE OF MEETING 2020

35 Graham Street, Auckland
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Notice of Meeting

Asset Plus Limited (the Company) hereby gives you
notice that the 2020 Annual Meeting of Shareholders
will be held at the offices of Link Market Services Limited,
Level 11, Deloitte Centre, 80 Queen Street, Auckland
on Tuesday, 28 July 2020, commencing at 2.00pm
(New Zealand time).
Agenda:
A. Chair’s Address
B. Manager’s Presentation
C. 2020 Annual Report
To receive and consider the Company’s Annual
Report, including the financial statements and the
auditor’s report on those financial statements, for the
year ended 31 March 2020.
D. Resolutions:
1. Election of Director – Carol Campbell
Carol Campbell retires under NZX Listing Rule 2.7.1
and, being eligible, offers herself for re-election as a
Director of the Company.
To consider and, if thought fit, to pass the following
resolution as an ordinary resolution:
“That Carol Anne Campbell be re-elected as a
Director of the Company.”
A brief biography for Carol Campbell is set out in the
Explanatory Notes on page 4.
2. Re-appointment of Auditors
To record the re-appointment of Grant Thornton
as auditors of the Company and to consider and, if
thought fit, to pass the following resolution as an
ordinary resolution:
“That the Board be authorised to fix the auditors’ fees
and expenses from time to time.”
An explanation of this Resolution is set out in the
Explanatory Notes on page 4.
The Board unanimously recommends that you vote in
favour of both of the Resolutions.
E. General Business
Such other business as may be properly raised for
discussion at the meeting.
By order of the Board
Notice of
Annual Meeting
Bruce Cotterill
Chairman
30 June 2020
Notice of Meeting
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Explanatory
Notes
These notes form part of this Notice of Annual Meeting.
Resolution 1
The NZX Listing Rules provide that Directors must not
hold office (without re-election) past the third annual
meeting following the Director’s appointment, or three
years, whichever is longer.
Carol Campbell was last re-elected as a Director of
the Company at the Company’s 2017 annual meeting.
Accordingly, Carol is required to retire at this Annual
Meeting and, being eligible, offers herself for re-election.
The Board unanimously supports her re-election.
A brief biography of Carol Campbell follows:
Carol is a Chartered Accountant and a member of the
Chartered Accountants Australia and New Zealand.
Carol has extensive financial experience and a sound
understanding of efficient Board governance. Carol holds
a number of directorships across a broad spectrum of
companies, including T&G Global, New Zealand Post,
NZME and the Fisher Listed Investment companies –
Kingfish, Barramundi and Marlin Global, where she is
also Chair of the Audit and Risk Committee. She is also a
Director of Kiwibank.
Carol was a Director of The Business Advisory Group for
11 years, a Chartered Accountancy Practice, and prior to
that a partner at Ernst & Young for over 25 years.
The Board considers that, if re-elected, Carol Campbell
will qualify as an Independent Director for the purposes
of the NZX Listing Rules.
Resolution 2
Grant Thornton are automatically re-appointed as
auditors of the Company under section 207T of the
Companies Act 1993. Shareholder approval is therefore
sought for the Board to fix the fees and expenses of
Grant Thornton as auditor for the ensuing year.
Notice of Meeting
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Procedural Notes
and Other Matters
Attendance
All Shareholders registered on the Company’s share
register at the date of the Annual Meeting are entitled
to attend and vote at the Annual Meeting in person or
to appoint a proxy or representative (in the case of a
corporate Shareholder) to attend and vote on their behalf.
Proxies
You may exercise your right to vote at the Annual
Meeting either by being present in person or by
appointing a proxy to attend and vote in your place. A
proxy need not be a Shareholder of the Company. If you
wish, you may appoint the Chair of the Annual Meeting
or any Director of the Company as your proxy. You may
direct your proxy to vote, or give your proxy a discretion
to vote how he/she sees fit. If you wish to give your proxy
such discretion you must mark the appropriate boxes on
the proxy voting form.
If you do not mark any box on the proxy voting form in
respect of a resolution, then your direction is for your
proxy to abstain from voting on that resolution. If you
make more than one election in respect of the resolution
your vote will be invalid on that resolution.
If you appoint the Chair of the Annual Meeting or any
other Director as your proxy with a discretion as to how
votes are cast, the Chair or Director (as applicable) will
vote in favour of the relevant resolution.
A proxy voting form is attached to this Notice of Annual
Meeting. If you wish to vote by proxy you must complete
the form and provide it to the Company or its share
registrar, Link Market Services, so as to be received no
later than 2.00pm (New Zealand time) on Sunday,
26 July 2020.
Completed proxy voting forms can be sent to Link Market
Services by the following methods:
Online
Visit the Link Market Services Investor website:
https://investorcentre.linkmarketservices.co.nz/voting/APL
and follow the prompts.
Email
Scan and email to: meetings@linkmarketservices.com
Please put “Asset Plus Proxy” in the subject line for
easy identification.
Mail
If mailing from New Zealand please use the reply-paid
envelope provided. If mailing from outside New Zealand
please affix the required postage and address to:
Link Market Services Limited,
P.O. Box 91976,
Victoria Street West,
Auckland 1142,
New Zealand
Deliver
Deliver your completed proxy voting form to:
Link Market Services Limited,
Level 11, Deloitte Centre,
80 Queen Street,
Auckland
Facsimile
Fax your completed form to: +64 9 375 5990
Ordinary Resolutions
Each of Resolution 1 and Resolution 2 will be passed if
approved by ordinary resolution at the Annual Meeting.
An ordinary resolution means a resolution passed by
a simple majority of the votes of those Shareholders
entitled to vote and voting on the resolution.
Voting restrictions
All Shareholders are eligible to vote on Resolution 1 and
Resolution 2.
Notice of Meeting
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Artist’s impression of the Munroe Lane development
Note: the Munroe Lane Development remains subject to satisfaction of a funding and shareholder approval condition by Asset Plus.
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Notice of Meeting

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Notice of Meeting