PAC.AX
Tacoma // Denver // Sydney // Melbourne
30 August 2021
Company Announcements
For Immediate Release
ASX Code: PAC
APPENDIX 4E AND FINANCIAL REPORT FOR PACIFIC CURRENT GROUP LIMITED
In accordance with the Listing Rules of the Australian Securities Exchange ("ASX"), Pacific Current Group Limited encloses for immediate release the following information:
AUTHORISED FOR LODGEMENT BY:
The Board of Pacific Current Group Limited
‐ENDS‐
CONTACT
For Investor & Media Enquiries:
ABOUT PACIFIC CURRENT GROUP LIMITED
Pacific Current Group Limited is a multi‐boutique asset management firm dedicated to providing exceptional value to shareholders, investors, and partners. We apply our strategic resources, including capital, institutional distribution capabilities and operational expertise to help our partners excel. At the date of this announcement, Pacific Current Group Limited has investments in 15 boutique asset managers.
Pacific Current Group Limited (ABN 39 006 708 792)
Level 3, Suite 3 257 Collins Street, Melbourne VIC 3000 Australia
www.paccurrent.com
Tel: +61 2 8243 0400
PACIFIC CURRENT GROUP LIMITED
(ABN 39 006 708 792)
ASX LISTING RULES - APPENDIX 4E
PRELIMINARY FINAL REPORT FOR THE YEAR ENDED 30 JUNE 2021
The following information is presented in accordance with Listing Rule 4.3A of the Australian Securities Exchange ("ASX").
1. Details of the reporting period and the previous corresponding period
Current reporting period
‐ the year ended 30 June 2021
Previous corresponding period
‐ the year ended 30 June 2020
2. Results for announcement to the market
Year ended
30 June 2021
30 June 2020
Increase /(Decrease)
$'000
$'000
$'000
%
2.1
Revenue from ordinary activities
47,046
62,726
(15,680)
(25.00)
Net profit/(loss) before tax
23,465
(27,317)
50,782
185.90
Underlying net profit before tax
32,578
32,072
506
1.58
Underlying net profit after tax
26,540
26,254
286
1.09
2.2 Net profit profit/(loss) from
ordinary activities after tax
attributable to members
17,413
(17,509)
34,922
199.45
Underlying net profit (from
ordinary activities after tax
attributable to members
26,265
25,034
1,231
4.92
2.3
Net profit/(loss) for the period
(17,509)
34,922
199.45
attributable to members
17,413
Underlying net profit/(loss) for the
period attributable to members
26,265
25,034
1,231
4.92
Underlying results are unaudited Non‐IFRS measures. Refer to the attached Financial Report for details of these calculations.
2.4 Dividends (distributions)
Amount per
Franking amount
Conduit foreign
security (cents)
per security
income per security
2021 Final
26
100%
n/a
2
PACIFIC CURRENT GROUP LIMITED
(ABN 39 006 708 792)
ASX LISTING RULES - APPENDIX 4E
PRELIMINARY FINAL REPORT FOR THE YEAR ENDED 30 JUNE 2021
Type
Record date
Payment date
Amount
Total
Franked
Conduit
per
Dividend
amount
foreign
Security
($)
per
income
(cents)
security
per
security
2020 Final
18 September 2020
23 October 2020
25.0
12,427,121
100%
n/a
2021 Interim
5 March 2021
15 April 2021
10.0
5,081,797
100%
n/a
30 June 2021
30 June 2020
Net tangible assets per security
$6.89
$6.84
3
PACIFIC CURRENT GROUP LIMITED
(ABN 39 006 708 792)
ASX LISTING RULES - APPENDIX 4E
PRELIMINARY FINAL REPORT FOR THE YEAR ENDED 30 JUNE 2021
10. Details of entities over which control has been gained or lost during the period During the period, control was gained over the following entities:
Name of entity
Date control gained
Nil
During the period, control was lost over the following entities:
Name of entity
Date control lost
Seizert Capital Partners LLC
30 November 2020
11.
Details of associates and joint venture entities
Ownership %
Associates
30 June 2021
30 June 2020
Aether General Partners
25.00
25.00
ASOP Profit Share LP 1
39.31
‐
Astarte Capital Partners, LLP 1
44.90
‐
Blackcrane Capital, LLC
25.00
25.00
Capital & Asset Management Group, LLP 2
36.25
32.50
IFP Group, LLC
24.90
24.90
Northern Lights Alternative Advisors LLP
23.00
23.00
Roc Group
30.01
30.01
Victory Park Capital Advisors, LLC
24.90
24.90
Victory Park Capital GP Holdco, LP
24.90
24.90
Copper Funding, LLC
50.00
50.00
Pennybacker Capital Management, LLC
16.50
16.50
30 June 2021
30 June 2020
$'000
$'000
PAC share of profits of associates/joint venture 3
6,608
1,751
Notes:
4
PACIFIC CURRENT GROUP LIMITED
(ABN 39 006 708 792)
ASX LISTING RULES - APPENDIX 4E
PRELIMINARY FINAL REPORT FOR THE YEAR ENDED 30 JUNE 2021
5
This is an excerpt of the original content. To continue reading it, access the original document here.
Disclaimer
Pacific Current Group Ltd. published this content on 30 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 August 2021 06:01:04 UTC.