Fast Facts
Began
PGC began in the 1850s as a stock and station firm. PGC expanded into trustee services in the 1930s and financial services in the 1950s.
Listed
First listed on the New Zealand Stock Exchange in April 2004.
Chairman & Board Members
Board members - Bruce Irvine (Chairman), Jeff Greenslade (Managing Director) Bryan Mogridge, George Kerr and George Gould.
Chief Executive Officer - Jeff Greenslade.
Businesses
- Financial services (MARAC Finance Group, 100% ownership).
- Trustee services (Perpetual Trust Ltd, 100% ownership).
- Funds management (Perpetual Asset Management Ltd, 100% ownership).
- Rural services (18% shareholding in PGG Wrightson Ltd).
2009 Highlights
- MARAC recording a normalised net profit after tax of $19.5m.
- Perpetual Trust reporting a net profit after tax of $3.3m.
- Creation of new asset management business - Perpetual Asset Management.
- A number of steps taken to move the group towards the goal of becoming NZ's only publicly listed banking and asset management group.
- Capital raising of $273m.