DOCSLIB.ORG

Scheme Booklet Registered with Australian Securities and Investments Commission

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Scheme Booklet Registered with Australian Securities and Investments Commission 20 May 2016 Scheme Booklet registered with Australian Securities and Investments Commission Pacific Brands Limited (“Pacific Brands”) today announced that the Australian Securities and Investments Commission has registered the Scheme Booklet in relation to the proposed acquisition of Pacific Brands by HBI Australia Acquisition Co. Pty Ltd., a wholly owned subsidiary of Hanesbrands Inc., via a Scheme of Arrangement (“Scheme”). If the Scheme is approved by the requisite majority of Pacific Brands shareholders and all other conditions precedent are satisfied or waived (where capable of waiver), Pacific Brands shareholders will receive total cash payments of A$1.15 cash per share which are currently expected to comprise: ° a fully franked special dividend of $0.094 per share, to be paid on the dividend payment date (currently expected to be on or about Thursday, 7 July 2016); and ° cash consideration under the scheme of $1.056 per share, to be paid on the implementation date (currently expected to be on or about Friday, 15 July 2016) A copy of the Scheme Booklet, which includes an Independent Expert’s Report, a Notice of Scheme Meeting and a copy of the proxy form for the Scheme Meeting, is attached to this announcement. Copies of the Scheme Booklet will be sent to Pacific Brands shareholders on or about Wednesday 25 May 2016 (and those shareholders who have previously nominated an electronic means of notification to Pacific Brand’s share registry will receive an email where they can download the Scheme Booklet and lodge their proxy vote online). The Pacific Brands Board continues to unanimously recommend that Pacific Brands shareholders vote in favour of the Scheme at the upcoming Scheme Meeting to be held on Friday, 24 June 2016. For further information contact: Investors Media Joanne Higham Sue Cato Pacific Brands Limited +61 419 282 319 +61 421 568 395 [email protected] 1 ACN 106 773 059 SCHEME BOOKLET For a scheme of arrangement between Pacifi c Brands Limited and its shareholders in relation to the proposed acquisition by Hanesbrands Inc. through its wholly owned subsidiary HBI Australia Acquisition Co. Pty Ltd. VOTE IN FAVOUR FINANCIAL ADVISER YOUR DIRECTORS UNANIMOUSLY RECOMMEND THAT YOU VOTE IN FAVOUR OF THE SCHEME IN THE ABSENCE OF A SUPERIOR PROPOSAL LEGAL ADVISER This is an important document and If you are in any doubt about how requires your immediate attention. to deal with this document, you You should read it in its entirety should contact your broker or before deciding whether or not to fi nancial, taxation or legal adviser vote in favour of the Scheme. immediately. If you have any questions in relation to this Scheme Booklet or the Transaction, you should call the Pacifi c Brands Shareholder Information Line on 1300 783 472 (within Australia) or +61 3 9415 4233 (outside Australia) on Business Days between 8.30am and 5.30pm (AEST). Important notices Nature of this document Regulatory information Important notice associated with the This Scheme Booklet provides Pacifi c This document is the explanatory statement Court order under section 411(1) of the Brands Shareholders with information about for the scheme of arrangement between Corporations Act the proposed acquisition of Pacifi c Brands Pacifi c Brands and the holders of its fully The fact that under section 411(1) of the by Hanesbrands through its wholly owned paid ordinary shares as at the Scheme Corporations Act the Court has ordered that subsidiary Hanesbrands Australia. If you Record Date for the purposes of section a meeting be convened and has directed have sold all of your Pacifi c Brands Shares, 412(1) of the Corporations Act. A copy of that an explanatory statement accompany please ignore this booklet. the proposed Scheme is included in this the notice of meeting does not mean that booklet as Annexure B. the Court: Defi ned terms A copy of this Scheme Booklet was has formed any view as to the merits A number of defi ned terms are used in this • provided to ASIC for examination in of the proposed scheme or as to how Scheme Booklet. These terms are explained accordance with section 411(2)(b) of the members should vote (on this matter in section 9 of this Scheme Booklet. Corporations Act and was lodged with members must reach their own decision); No investment advice ASIC for registration under section 412(6) or of the Corporations Act. It was then The information contained in this Scheme • has prepared, or is responsible for, the registered by ASIC under section 412(6) of content of the explanatory statement. Booklet does not constitute fi nancial the Corporations Act before being sent to product advice and has been prepared Pacifi c Brands Shareholders. without reference to your own investment Disclaimer as to forward-looking objectives, fi nancial situation, taxation ASIC has been requested to provide a statements position and particular needs. It is important statement, in accordance with section This Scheme Booklet contains both that you read this Scheme Booklet in its 411(17)(b) of the Corporations Act, that ASIC historical and forward-looking statements. entirety before making any investment has no objection to the Scheme. If ASIC All statements other than statements of decision and any decision as to whether or provides that statement, it will be produced historical fact are, or may be deemed to be, not to vote in favour of the Scheme. If you to the Court at the time of the Court hearing forward-looking statements. are in any doubt in relation to these matters, to approve the Scheme. Neither ASIC nor All forward-looking statements in this you should consult your fi nancial, legal, any of its offi cers takes any responsibility for Scheme Booklet refl ect views only as taxation or other professional adviser. the contents of this Scheme Booklet. at the date of this Scheme Booklet, and A copy of this Scheme Booklet has been Not an offer generally may be identifi ed by the use of provided to ASX. Neither ASX nor any of forward-looking words such as “believe”, This Scheme Booklet does not constitute its offi cers takes any responsibility for the “aim”, “expect”, “anticipate”, “intending”, or contain an offer to Pacifi c Brands contents of this Scheme Booklet. “foreseeing”, “likely”, “should”, “planned”, Shareholders, or a solicitation of an offer “may”, “estimate”, “potential”, or other similar Notice of Scheme Meeting from Pacifi c Brands Shareholders, in any words. Similarly, statements that describe jurisdiction. The Notice of Meeting is set out in Pacifi c Brands’ or Hanesbrands’ objectives, Annexure D. Foreign jurisdictions plans, goals or expectations are or may be forward-looking statements. The release, publication or distribution of Notice of Second Court Hearing Any statements contained in this Scheme this Scheme Booklet in jurisdictions other At the Second Court Hearing, the Court will Booklet about the impact that the Scheme than Australia may be restricted by law or consider whether to approve the Scheme may have on the results of Pacifi c Brands’ regulation in such other jurisdictions and following the vote at the Scheme Meeting. persons outside of Australia who come into operations and the advantages and possession of this Scheme Booklet should Any Pacifi c Brands Shareholder may appear disadvantages anticipated to result from seek advice on and observe any such at the Second Court Hearing, expected the Scheme, are also forward-looking restrictions. Any failure to comply with such to be held at 2.00pm on Monday, 27 June statements. 2016 at the Supreme Court of Victoria, restrictions may constitute a violation of These forward-looking statements involve 210 William Street, Melbourne. applicable laws or regulations. known and unknown risks, uncertainties This Scheme Booklet has been prepared Any Pacifi c Brands Shareholder who and other factors that may cause actual in accordance with Australian law and wishes to oppose approval of the Scheme results, performance or achievements to the information contained in this Scheme at the Second Court Hearing may do so differ materially from the anticipated results, Booklet may not be the same as that which by fi ling with the Court and serving on performance or achievements, expressed, would have been disclosed if this Scheme Pacifi c Brands a notice of appearance projected or implied by these forward- Booklet had been prepared in accordance in the prescribed form together with any looking statements. with the laws and regulations outside affi davit that the Pacifi c Brands Shareholder Australia. proposes to rely on. The operations and fi nancial performance of You should review all of the information in Computershare Investor Services Pty Ltd Pacifi c Brands are subject to various risks, this Scheme Booklet carefully. Section 1.1 has had no involvement in the preparation including those summarised in this Scheme sets out the reasons why you should vote in of any part of this Scheme Booklet other Booklet, which may be beyond the control favour of the Scheme and section 1.2 sets than being named as the Pacifi c Brands of Pacifi c Brands and/or Hanesbrands. out the reasons why you may wish to vote Registry. Computershare Investor Services Pacifi c Brands Shareholders should note against the Scheme. Pty Ltd has not authorised or caused the that the historical fi nancial performance of issue of, and expressly disclaims and takes All subsequent written and oral forward- Pacifi c Brands is no assurance of future no responsibility for, any part of this Scheme looking statements attributable to Pacifi c fi nancial performance of Pacifi c Brands Booklet. Brands or Hanesbrands or any person (whether the Scheme is implemented or acting on their behalf are qualifi ed by this Privacy not).
Load more

Recommended publications
  • Pacific Brands
    AGSM MBA Programs Pacific Brands Case No: AGSM-13-002 Authors: J. Peter Murmann and Chris Styles This case has been compiled from public sources solely for educational purposes and aims to promote discussion of issues that surround the management of change in organisations rather than to illustrate either effective or ineffective handling of an administrative situation. Copyright: AGSM MBA Programs prohibits any form of reproduction, storage or transmittal without its written permission. This material is not covered under authorization from AGSM or any reproduction rights organization. To order copies or request permission to reproduce materials contact Academic Director, AGSM MBA Programs, Australian School of Business, UNSW, Sydney, Australia, 2052. Phone: (+612) 9931 9400 Facsimile: (+612) 9931 9206 Part 1: Introduction Let’s start with a recruitment video in which the CEO, Sue Morphet, describes Pacific Brands. It will give you insight into the company’s operations, culture and leadership. To see video, hold CTRL key and click on picture above or go to: http://bit.ly/p1qG7c 2 Strategic Management 4 1a. Exercise Question: What impression does this give you about the company? What do you think of Sue Morphet as a CEO? ............................................................................................................................................................................................... ..............................................................................................................................................................................................
    [Show full text]
  • PACB0006 Annual Report 2006.Indd
    + PACIFIC BRANDS REPORT + ACCOUNTS 2006 RPACIFIC BRANDS LIMITED AND AITS CONTROLLED ENTITIES ABN 64 106 773 059 234,638 Pairs of underwear PACB0006 – Annual Report 2006 – Proof 7a – 06/09/06 The Ball Group Investor and brand communications Tel: +61 3 9600 3499 Fax: +61 3 9600 3477 158,904 Pairs of socks B Pacifi c Brands 63,013 Pairs of shoes Report+Accounts 2006 1 68,493 Outerwear garments 43,836 Kilograms of foam 2 Pacifi c Brands 63,347 Pairs of hosiery 41,095 Square metres of carpet underlay Report+Accounts 2006 3 13,699 Golf balls 10,959 Pillows 4 Pacifi c Brands 1,027 Mattresses 12,035 Tennis balls Report+Accounts 2006 5 234,638 Pairs of underwear 158,904 Pairs of socks 68,493 Outerwear garments 63,347Pairs of hosiery 63,013 Pairs of shoes 43,836 Kilograms of foam 41,095 Square metres of carpet underlay 13,699 Golf balls 12,035 Tennis balls …EV E 10,959 Pillows 1,027Mattresses 6 Pacifi c Brands V ERYDAY All over Australia and New Zealand people not only wear our brands but they sleep in our brands. They play sport in our brands. They go to work in our brands. They dress their children in our brands. Virtually every aspect of their lifestyle incorporates our brands. Every day. Every week. Every month. That’s the power of everyday essential brands. A strategic platform for building shareholder value. Report+Accounts 2006 7 Annual Report 2006 Highlights 2006 Over the last fi nancial year we have delivered a steady fi nancial performance while continuing to build a strongly branded business and the platform for future growth.
    [Show full text]
  • Pacific-Brands-Annual-Report-2011
    ANNUAL REPORT 2011 OUR BRANDS 3 Pacific Brands Annual Report 2011 Contents Chairman & CEO’s Review 2 Financial Summary 4 Operational Highlights 5 Board of Directors 7 Senior Management 9 Corporate Social Responsibility 11 Financial, Statutory and Other Information 12 CHAIRMAN & CEO’S REVIEW Dear shareholders, We are pleased to report an improved operating result in the most recent financial year, with the The prevailing headwinds in the benefits from our Pacific Brands 2010 transformation strategy starting to show. The current financial retail sector continue to mask year is expected to be a challenging one but we are well placed to deal with these challenges. some substantial underlying improvements we are making The prevailing headwinds in the retail sector continue to mask some substantial underlying within the businesses… improvements we are making within the businesses. Many of our key brands are currently in growth and margins have benefited significantly from the move to increased off-shore sourcing. The board and senior management believe the strategy we are embarking on is the right one and we continue to work diligently to translate those efforts into externally observable results. Financial results Pacific Brands delivered a creditable result in a difficult market, driven by improved talent and capability, innovation, targeted marketing, off-shore sourcing benefits and continued cost control. The reported sales result of $1,615 million was down 7.3% but was heavily impacted by necessary structural changes, including business divestments and exits, and by brands being discontinued as part of the Pacific Brands 2010 transformation plan. Underlying sales (ie before the impact of acquisitions, divestments and brand discontinuations) stabilised to be flat in the second half of the year (down 1% for the full year) despite the general downturn in retail.
    [Show full text]
  • Foreign Supplier Verification Programs - List of Participants (Name and State Only) March 4, 2021 - June 3, 2021
    Foreign Supplier Verification Programs - List of Participants (Name and State Only) March 4, 2021 - June 3, 2021 Firm Legal Name State Code ALASKA DENALI WINERY AK ALASKAN BREWING, LLC AK CHARLOTTE GILBERT AK DOUG HOLMES INC AK PERMAN STOLER AK S. VALLEY FARM LLC AK THE BREW SHOP AK ALEX KONTOS FRUIT CO., INC. AL ALOHA HOSPITALITY INTERNATIONAL, INC. AL ASSOCIATED GROCERS OF THE SOUTH, INC. AL BAMA TOMATO COMPANY, INC. AL BARIATRIC HEALTH & WELLNESS, P.C. AL BARIATRICS AL BETTER SNACKS, LLC AL CHARLIE FOSTER'S LLC AL CITY OF MONTGOMERY AL COMERCIALIZADORA Y DISTRIBUIDORASORIANO LLC AL COOSA VALLEY MILLING CO INC AL DOLGENCORP, LLC AL DOS NINAS COFFEE, LLC AL DRAGONFLY GLOBAL MARKETING L.L.C. AL EVONIK CORPORATION AL FORESTWOOD FARM, INC. AL FROMAGERIE BELLE CHEVRE, INC. AL FUERST DAY LAWSON LIMITED AL FULFYLD, LLC AL GREER AUTRY & SONS INC AL GUATE-USA IMPORT & EXPORT AL GULF COAST CRAB INTERNATIONAL AL HEALING FOODS LLC AL ISPICE, LLC AL JOHN R. WHITE COMPANY, INCORPORATED AL KALIMERA LLC AL Foreign Supplier Verification Programs - List of Participants (Name and State Only) March 4, 2021 - June 3, 2021 Firm Legal Name State Code KALIMERA, LLC AL KELLY SALES COMPANY, INC. AL KESTERS DISTRIBUTION AL LINEAGE LOGISTICS, LLC AL MAHA LAXMI ONE AL MARX BROTHERS, INC. AL MCLANE COMPANY, INC. AL MF FOODS USA , LLC AL MILO'S TEA COMPANY, INC. AL MITCHELL GROCERY CORP AL MITCHELL GROCERY CORP. AL MONZU TROPIC IMPORTS, LLC AL NORDIC COLD STORAGE, LLC AL PIGGLY WIGGLY ALABAMA DISTRIBUTING CO., INC. AL ROYAL CUP INC. AL RYAN HOPKINS AL SACHAI TEA COMPANY LLC AL SAM SHARP AL SCRIPTURE CANDY, INC.
    [Show full text]
  • Pacific Brands 2007 Half Year Results
    21 February 2007 Pacific Brands 2007 Half Year Results Return to growth in the half - Key acquisition cements strategic platform for the future. GROUP HIGHLIGHTS ♦ Total net sales $868.6m up 4.1% on previous corresponding half year ♦ Key financial indicators above previous corresponding half year: – EBITDA up 6.8% to $104.1m – EBIT up 6.2% to $93.5m – NPAT up 6.1% to $53.8m – Net operating cash flow, up 36.4% to $20.6m – Earnings per share up 6.1% to 10.7 cents per share ♦ Stronger performance by Underwear & Hosiery, EBIT up 7.1% ♦ Home Comfort EBIT up 19.3%, strong contribution from Sheridan acquisition ♦ Footwear EBIT growth of 7.5% ♦ Interim dividend of 8.0 cents ♦ Yakka announcement – significant strategic acquisition Half Year ended 31 December (A$ million) HY06 HY07 % Change Total net sales 834.3 868.6 4.1 EBITDA 97.5 104.1 6.8 EBIT 88.1 93.5 6.2 EBIT margin % 10.6 10.8 NPAT (post minority interests) 50.7 53.8 6.1 EPS (cents) 1 10.1 10.7 6.1 DPS (cents) 2 7.5 8.0 6.7 1. This has been calculated from a weighted issued capital base of 502,690,170 ordinary shares. 2. Represents interim dividend announced for the half year – franked to 100% for Australian residents on tax paid at 30%. 1 Return to growth in the half. Pacific Brands Limited today announced its results for the half year ended 31 December 2006. Net sales increased by 4.1% over the previous corresponding period to $868.6 million and earnings before interest and tax (EBIT) increased by 6.2% to $93.5 million.
    [Show full text]
  • Bonds Factory Site, Dunmore Road, Wentworthville Draft Conservation Management Plan
    Bonds Factory Site, Dunmore Road, Wentworthville Draft Conservation Management Plan Prepared by Chris & Margaret Betteridge, (MUSEcape Pty Ltd), Peter Phillips, (Orwell and Peter Phillips Architects), Roslyn Burge and Meredith Hutton for Rainbowforce Pty Ltd Final, 26 August 2014 MUSEcape Pty Ltd A.B.N. 18 053 849 979 42 BOTANY STREET RANDWICK NSW 2031 T E L. (0 2) 9 3 1 4 6 6 4 2 F A X. (0 2) 9 3 9 8 7 0 8 6 E-MAIL. [email protected] M 0 B I L E : 0 4 1 9 2 3 8 9 9 6 M 0 B I L E : 0 4 1 9 0 1 1 3 4 7 ooOoo SPECIALISTS IN THE IDENTIFICATION, ASSESSMENT, MANAGEMENT & INTERPRETATION OF CULTURAL HERITAGE 2 Table of Contents Executive Summary ....................................................................................................................6 1.0 Introduction .....................................................................................................................7 1.1 Background and Brief .................................................................................................7 1.2 Property Location ..................................................................................................... 10 1.3 Methodology ............................................................................................................ 10 1.4 Authorship ................................................................................................................ 11 1.5 Acknowledgments .................................................................................................... 11 1.6 Definition of Terms
    [Show full text]
  • Divestment of Brand Collective Business
    18 November 2014 Divestment of Brand Collective business Pacific Brands today announced that it has entered into three unconditional agreements to sell its Brand Collective business in the Footwear, Apparel and Sport categories, which are expected to complete on or around 1 December 2014: . Footwear and Apparel will be sold to Australian private equity firm Anchorage Capital Partners. Owned brands, including Grosby, Julius Marlow and Volley, as well as licensed brands Clarks, Hush Puppies, Mossimo and Superdry, and the Iconix Joint Venture will transfer with the business . Sport brands Dunlop and Slazenger will be sold to IBML, a division of UK-based Sports Direct International Plc, who owns these brands outside Australia and New Zealand. The Everlast equipment licence from IBML to Brand Collective will be terminated in connection with the sale . Sport assets related to the Sport business, including Everlast equipment, will be sold to Designworks, a division of Australian listed company The PAS Group who will license the Dunlop, Slazenger and Everlast brands from IBML Gross proceeds from the transactions of approximately $39 million, on a cash and debt free basis, will be applied to further reduce net debt. The carrying value of related net assets to be disposed is expected to be approximately $66 million at completion. Subject to cost of disposal and completion adjustments, Pacific Brands expects to recognise a loss on sale of approximately $30 million in the financial year ending 30 June 2015. In the financial year ended 30 June 2014, the Brand Collective business reported total sales of $204.5 million and an EBIT loss of $22.3 million (reported) or $0.9 million before significant items.
    [Show full text]
  • The 2017 Ethical Fashion Report the TRUTH BEHIND the BARCODE the 2017 ETHICAL FASHION REPORT the TRUTH BEHIND the BARCODE
    The 2017 Ethical Fashion Report THE TRUTH BEHIND THE BARCODE THE 2017 ETHICAL FASHION REPORT THE TRUTH BEHIND THE BARCODE Date: 19th April 2017 Authors: Gershon Nimbalker, Jasmin Mawson, Hsu-Ann Lee, Claire Cremen Behind the Barcode is a project of Baptist World Aid Australia www.behindthebarcode.org.au Report Design Susanne Geppert Front cover photo credit: Asian Development Bank, used under creative commons license 2.0. 2 CONTENTS 1. Executive Summary .......................................4 2. Methodology ............................................... 16 3. Made in … .............................................20 Bangladesh 21, Cambodia 23, China 25, India 27, Australia 29 4. Policies ........................................................ 31 5. Knowing Suppliers ......................................34 6. Auditing & Supplier Relationships ............... 37 Appendices ................................ 7. Worker Empowerment 41 Statements from Non-Responsive Companies 80 8. Living Wage .................................................44 Sources and Further Reading 82 9. Brand Index ................................................. 47 About Baptist World Aid 85 1 0. Survey Data .................................................60 Acknowledgments 85 3 Executive Summary This section outlines the research aims and scope, data collection and findings 1and overall results of all companies. 4 O exploitation intheir supplychains. and childlabour, labour, the risks offorced oftheir systemstomitigate against strength onthe AtoF, It grades106companies,from
    [Show full text]
  • 5 Year Financial Summary
    PAC00001_Cover_FA.indd 3 4/09/14 2:05 PM PAC00001_Cover_FA.indd 4 4/09/14 2:05 PM Contents 5 Year Financial Summary 2 Chairman & CEO’s Letter 3 Board of Directors 4 Senior Management 5 Corporate Social Responsibility 6 Financial, Statutory and Other Information 7 Non-IFRS financial information Throughout this document some non-IFRS financial information is stated before significant items as disclosed in Note 4 to the Financial Statements. Results excluding such items are considered by Directors to be a better basis for comparison from period to period as well as more comparable with future performance. They are also the primary measure of earnings considered by management in operating the business and by Directors in determining dividends taking into account other considerations. Operating cash flow pre interest and tax (OCFPIT) as a measure of cash flow is considered by Directors to be meaningful as it is the cash equivalent of EBITDA and thus provides a measure of the rate at which operating earnings are converted to cash (or ‘cash conversion’). ABN 64 106 773 059 Pacific Brands Annual Report 2014 1 PAC00001_2014 Annual Report_FA.indd 1 4/09/14 1:58 PM 5 Year Financial Summary $ millions Notes 2014 2013 2012 2011 2010 Income and Cash Flow Sales revenue 1,322.1 1,273.3 1,322.7 1,614.6 1,742.4 Gross margin 1 622.0 625.5 618.6 760.5 732.2 CODB 530.8 503.4 489.6 574.3 553.2 EBITDA (reported) (192.7) 138.5 (389.7) (41.2) 149.6 EBITDA (before significant items) 1 108.5 138.5 144.3 207.2 201.0 EBIT (reported) (209.9) 122.1 (404.9) (62.3) 127.6
    [Show full text]
  • Scheme Booklet Registered with Australian Securities and Investments Commission
    20 May 2016 Scheme Booklet registered with Australian Securities and Investments Commission Pacific Brands Limited (“Pacific Brands”) today announced that the Australian Securities and Investments Commission has registered the Scheme Booklet in relation to the proposed acquisition of Pacific Brands by HBI Australia Acquisition Co. Pty Ltd., a wholly owned subsidiary of Hanesbrands Inc., via a Scheme of Arrangement (“Scheme”). If the Scheme is approved by the requisite majority of Pacific Brands shareholders and all other conditions precedent are satisfied or waived (where capable of waiver), Pacific Brands shareholders will receive total cash payments of A$1.15 cash per share which are currently expected to comprise: ° a fully franked special dividend of $0.094 per share, to be paid on the dividend payment date (currently expected to be on or about Thursday, 7 July 2016); and ° cash consideration under the scheme of $1.056 per share, to be paid on the implementation date (currently expected to be on or about Friday, 15 July 2016) A copy of the Scheme Booklet, which includes an Independent Expert’s Report, a Notice of Scheme Meeting and a copy of the proxy form for the Scheme Meeting, is attached to this announcement. Copies of the Scheme Booklet will be sent to Pacific Brands shareholders on or about Wednesday 25 May 2016 (and those shareholders who have previously nominated an electronic means of notification to Pacific Brand’s share registry will receive an email where they can download the Scheme Booklet and lodge their proxy vote online). The Pacific Brands Board continues to unanimously recommend that Pacific Brands shareholders vote in favour of the Scheme at the upcoming Scheme Meeting to be held on Friday, 24 June 2016.
    [Show full text]
  • For Personal Use Only Use Personal for Company Secretary
    10 September 2012 Manager Company Announcements Australian Securities Exchange Level 4 20 Bridge Street SYDNEY NSW 2000 Market Information Services New Zealand Exchange Limited Level 2, NZX Centre 11 Cable Street Wellington New Zealand Dear Sir/Madam In accordance with the ASX Listing Rules, please find attached the Company’s 2012 Annual Report which will be mailed to shareholders around 21 September 2012, at which time the Notice Of Meeting will also be sent to shareholders. The Annual Report will also be available on the Company’s website at www.pacificbrands.com.au Yours faithfully Pacific Brands Limited John Grover For personal use only Company Secretary For personal use only CONTENTS CONTENTS CONTENTS Chairman’s Review 2 Chairman’sFinancial Summary Review 42 Chairman’s Review 2 FinancialOperational Summary Highlights 54 Financial Summary 4 OperationalBoard of Directors Highlights 57 Operational Highlights 5 BoardSenior ofManagement Directors 97 Board of Directors 7 SeniorCorporate Management Social Responsibility 911 Senior Management 9 CorporateFinancial, StatutorySocial Responsibility and Other Information 1211 Corporate Social Responsibility 11 Financial, Statutory and Other Information 12 Financial, Statutory and Other Information 12 Non-IFRS financial information Other than as indicated, the financial information contained in this document is directly extracted or calculated from audited Financial Statements. Non-IFRS financial information Non-IFRSThroughout financial this document information some non-IFRS financial information is stated before other expenses that are individually significant as disclosed in Note 4 to the FinancialOther than Statements as indicated, (significant the financial items). information Results excludingcontained suchin th isexpenses document are is codirectlynsidered extrac by tedDirectors or calculated to be a frombetter audited basis forFinancial comparison Statements.
    [Show full text]
  • Annual Report for the Period 12 December 2003 to 30 June 2004
    Annual Report For the Period 12 December 2003 to 30 June 2004 Pacific Brands Limited and its Controlled Entities ABN 64 106 773 059 Contents About Pacific Brands 1 Chairman’s Report 2 Chief Executive Officer’s Report 3 Review of Operations 4 Review of Financial Performance 5 Review of Business Segment Performance 6 Board Members 8 Corporate Governance Statement 10 Directors’ Report 18 Statements of Financial Performance 22 Statements of Financial Position 23 Statements of Cash Flows 24 Notes to the Financial Statements 25 Directors’ Declaration 56 Independent Audit Report 57 Shareholders’ Statistics 58 Shareholder Information 59 About Pacific Brands Pacific Brands is a leading manager of consumer brands in Australia and New Zealand, marketing some of the most recognised brands including Berlei, Bonds, Clarks (children’s), Dunlop, Everlast, Grosby, Holeproof, Hush Puppies, KingGee, Slazenger, Sleepmaker and Tontine. Pacific Brands’ commitment to market leadership has provided it with number one or two positions across its major product categories in Australia and New Zealand. These category leading positions have been achieved through a focus on being at the forefront of brand development, product innovation, marketing and an efficient and effective supply and distribution network. Pacific Brands strives to be one of Australia and New Zealand’s most informed companies on the “what, where, when and why” of a consumer’s branded everyday essentials. Pacific Brands has four Operating Groups: The Underwear & Hosiery Group, The Outerwear & Sport Group, The Home Comfort Group and The Footwear Group. Market leader in the Australian and New Zealand TCF industries Underwear & Pacific Brands dresses a nation.
    [Show full text]