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28.02.17 – Prime 1st Half (1H) 2017 Results

Prime 1st Half (1H) 2017 Results More information >>

28.02.17 – Financial Report for the Half-Year

Financial Report for the Half-Year More information >>

28.02.17 – Half-Year Information for the 6 months ended 31 Dec 2016

Half-Year Information for the  6 months ended 31 Dec 2016 More information >>

28.02.17 – 2017 Half Year Results Presentation 27 Feb 2017

2017 Half Year Results Presentation 27 Feb 2017 More information >>

28.02.17 – Notification of dividend  distribution

Notification of dividend  distribution More information >>

29.11.16 – Confirmation of Release – PFG – AGM – Chairman’s Address and MD/CEO Presentation

Confirmation of Release – PFG – AGM – Chairman’s Address and MD/CEO Presentation More information >>

29.11.16 – Confirmation of Release – PFG – Results of Meeting

Confirmation of Release – PFG – Results of Meeting More information >>

15.11.16 – Appointment of Independent Non-Executive Chairman – Mr. Paul Cowan

Appointment of Independent Non-Executive Chairman – Mr. Paul Cowan More information >>

29.09.16 – Appendix 4G

Key to Disclosures – Corporate Governance Council Principles and Recommendations More information >>

29.09.16 – Managing Director/CEO and Chairman’s Report

The past twelve months has seen Prime complete the substance of its restructuring which involves a more concentrated and focused operating model and greater involvement with key partners to assist more proactively with growth, often through a higher equity interest in the investment. This we believe will allow for greater consistency in outcomes for clients, team members, equity partners in investments and Prime shareholders. More information >>

29.09.16 – Annual Report to Shareholders

We are pleased to report a Profit Before Income Tax for members of the parent entity of $3.94m (Consolidated $5.95m) and a Profit After Income Tax of $3.23m (Consolidated $4.59m). The profit is at the higher end of the previous forecast profit provided in the market update on 22 June 2016. This represents a 116% increase over the reported 2015 Profit After Income Tax (Consolidated 123%). More information >>

08.08.16 – Appendix 3B

Prime Financial Group Ltd (Prime – ASX code PFG) refers to its announcement of 5 August 2016 and is pleased to confirm that all arrangements associated with its investment in the MPR Group (MPR) have now been completed. More information >>

05.08.16 – Prime increases stake in leading Melbourne accounting firm

Wealth management firm Prime Financial Group Ltd (Prime – ASX code PFG) has entered into arrangements to increase its stake in leading Melbourne accounting & advisory firm MPR Group (MPR) from 40% to approximately 93%. More information >>

22.06.16 – Market Summary

The forecast Profit includes a profit on the restructure of the Company’s portfolio of investments in Accounting Firms and Wealth Management businesses of $463k. This profit includes the net impact of the restructure costs and the sale of Prime’s interest in our Essendon based Accounting Firm to its accountant shareholders. More information >>

25.02.16 – Half Year Results Presentation

Total FUM at 31 December 2015 of $0.964B, down $87M from 30 June 2015 (including outflow from sale of business of $46M). More information >>

25.02.16 – First Half (1H) 2016 Results

In line with Prime’s goal of becoming the Premier Partner to Accounting Firms for Growth, Succession and Integrated Wealth Management, Prime increased its equity investment in Accounting & Advisory Firm MPR Group Pty Ltd from 10% to 40%. More information >>

25.02.16 – Financial Report for the half-year ended 31 Dec 2015

Wealth Management New Business revenue increased for the period and the focus remains on securing new clients and expanding the services provided to existing clients. Prime continues to communicate the 3 tier Investment Advisory Service to Clients and Accounting Partners and introduced a new pricing schedule reflecting this offering for Self Directed Investors through to Full Advice Clients. More information >>

25.02.16 – Half-Year Information for the 6 Months Ended 31 Dec 2015

Half-Year information for the six months Ended 31 Dec 2015 provided to the ASX under listing Rule 4.2A. This half-year financial report is to be read in conjunction with the financial report for the year ended 30 June 2015. More information >>

23.12.15 – Allocation of Existing Employee Share Plan Shares

Prime Financial Group Ltd (ASX: PFG, Prime) confirms the allocation by way of an offer to key management and staff of 8,285,124 existing shares held by the Prime Employee Share Plan. More information >>

16.12.15 – Appendix 4g – Corporate Governance Statement

The Company implemented an initial governance policy/code of conduct on 1 December 2004, in anticipation of the re-listing of the Company, which occurred on 7 December 2004. Due to recent  changes to the Company’s business operations and structures, and a reshaping of the Company’s Board, the Company’s corporate governance policy has been further reviewed. The Company is committed to being transparent with its stakeholders and is in the process of formalising a number of its longstanding processes and practices in line with the updated ASX Recommendations. More information >>

09.12.15 – Prime increases equity investment in Accounting Investee from 10% to 40%, PLUS makes a new 40% Accounting Firm Investment

Consistent with Prime’s positioning as ‘The Premier Partner to Accountants for Growth, Succession and Integrated Wealth Management’ Prime will support both Investees and their management teams with their growth ambitions.
Prime’s support extends to ‘equity funding of acquisitions and organic growth’ plus ‘searching for acquisition opportunities for MPR and Watermans’. More information >>

27.11.15 – Appointment of Non-Executive Director – Mr. Tim Carroll (Effective 27 November 2015) & Other Appointments

The Board is pleased to announce the appointment of Mr. Tim Carroll as an Independent Non-Executive Director of Prime Financial Group Ltd (Prime).
Tim has over 20 years experience in senior marketing and customer relationship management roles and is recognised as an expert in Entertainment, Brand, Digital & Social, Loyalty Marketing and Media. More information >>

24.11.15 – Confirmation of Release – PFG – Results of Meeting

In accordance with Listing Rule 3.13.2 of the Australian Securities Exchange and section 251AA of the Corporations Act, we advise that the following resolutions were passed unanimously by shareholders at the 2015 Annual General Meeting held today. More information >>

24.11.15 – AGM – Chairman’s Address and MD/CEO Presentation

Prime completed a funding arrangement through Prime Accounting & Wealth Management Pty Ltd (PWM). Prime holds 99.9% of the ordinary voting shares which represents a 33.3% economic interest. A financial institution holds preference shares under a preferred dividend structure, which represents the remaining 66.7% economic interest. More information >>

12.11.15 – Appointment of Non-Executive Director – Mr. Paul Cowan (Effective 12 November 2015)

The Board is pleased to announce the appointment of Mr. Paul Cowan as an independent Non-Executive Director of Prime Financial Group Ltd. More information >>

23.10.15 – Confirmation of Release – PFG – Notice of Annual General Meeting/Proxy Form

Notice is hereby given that the Annual General Meeting of the members of the Company will be held at 10:00am AEDT on Tuesday 24th November 2015, at the Como Office Building, Level 17, 644 Chapel Street, South Yarra, Victoria (“the Meeting”). More information >>

2.10.15 – Resignation of Chairman

Resignation of Chairman More information >>

26.08.15 – Prime completes sale of equity investment

Prime completes sale of equity investment in accounting and wealth management entity. More information >>

28.08.15 – 2015 Financial Information FY 30 June 2015 provided to the ASX under listing rule 4.3A

The consolidated loss after income tax attributable to the members of the Company was $20,489,497 (2014: Profit of $2,630,074). More information >>

28.08.15 – 2015 Managing Director CEO & Chairman’s Report

Prime’s subsidiary companies will substantially only recognise income on receipt. Expenses for software/office equipment and development costs, will substantially be written off in the year in which they are incurred. More information >>

28.08.15 – 2015 Full Year Results Presentation

On 2 October 2014 Prime completed a funding arrangement through Prime Accounting & Wealth Management Pty Ltd (PWM). Prime holds 99.9% of the ordinary voting shares representing a 33.3% economic interest, a financial institution holds preference shares under a preferred dividend structure representing a 66.7% economic interest. More information >>

28.08.15 – Prime releases 2015 Annual Report

A review was undertaken of the accounting policies in relation to the timing of the recognition of revenue and the deduction of expenses of operation. The outcome of the review has resulted in a change to accounting policies to ensure the results in the financial statements provide reliable and more relevant information about the effects of the transactions, other events or conditions on Prime’s financial position and financial performance. More information >>

26.08.15 – Prime Financial Group completes sale of equity investment in accounting and wealth management entity

Prime Financial Group Ltd (Prime) announces that it has completed the sale of its equity shareholding in an accounting firm, and its associated wealth management entity, following receipt of an offer from the firm’s existing principals. More information >>

21.07.15 – Prime completes transfers to subsidiary as part of new funding arrangement

Further to the recent market announcement on 9 July 2015, Prime Financial Group Ltd (Prime) announces that it has completed the transfer of two of it’s existing investments in accounting firms (and associated wealth management entities) to its subsidiary Prime Accounting & Wealth Management Pty Ltd. More information >>

9.07.15 – Completion of Debt Refinancing to September 2016

Prime Financial Group Ltd (Prime) is pleased to advise that the Company has extended the existing financing facility with Westpac Bank. More information >>

9.07.2015 – First Two Transactions Under New Funding Arrangement

Prime Financial Group Ltd (Prime) announces that it will transfer two of Prime’s existing investments in accounting firms (and associated wealth management entities) to its subsidiary Prime Accounting & Wealth Management Pty Ltd (PWM). More information >>

2.10.2014 – Funding arrangement for the next phase of growth

Prime has completed a funding arrangement to support its growth plans in the Accounting and Wealth Management sector. More information >>

28.08.2014 – Prime Full-Year EBIT down 1%

In the 12 months from July 2013 to June 2014 (FY2014) the Australian stockmarket increased by 13% delivering a strong portfolio performance for clients and creating a more buoyant Financial Services sector. More information >>

26.02.14 – Prime EBIT up 10% & NPAT up 14%

In the 6 months from July 13 to December 13 the Australian stockmarket increased by 12% delivering a strong portfolio performance for clients and creating a better business environment for Prime Financial Group Ltd. Prime’s net profit after tax was $1.16M for 1H2014 compared with $1.02M in 1H2013. More information >>

29.08.13 – Prime EBIT down 13.4% & NPAT down 1.1%

The Financial Services sector experienced a more positive business environment during FY2013 when compared to FY2012, with the Australian stockmarket increasing 15% for the year, peaking up 26% in May 2013. Prime’s net profit after tax was $2.78M for FY2013 compared with $2.81M in FY2012. More information>>

28.02.13 – Prime Half-Year Normalised EBIT down 9%

The Financial Services sector has experienced a more positive business environment in the 6 months ending 31 December 2012 (1H2013) compared with the full year ending 30 June 2012 (FY2012) in which the Australian stockmarket declined 11% for the year. Prime’s improving Wealth Management Revenue in 1H2013 has accelerated at the commencement of 2H2013, mainly across Wealth Management New Business including ‘Investment Brokerage’ and ‘New Issues & IPO’s, but also ‘Recurring Revenue’ generated from Funds Under Management (FUM). More information>>

27.08.12 – Prime Normalised EBIT down 9%

Throughout FY2012 the Financial Services sector has experienced a difficult business environment via a combination of low investor confidence, global and domestic uncertainty, a declining Australian stockmarket (down 11% from July 2011 to June 2012), ongoing regulatory change and pressure on margins. Prime’s normalised (excluding one-off’s) Earnings Before Interest and Tax (N.EBIT) has declined 9% to $5.02M in FY2012. More information>>

24.02.12 – Prime Half-Year EBIT down 6%

The Financial Services sector has experienced a difficult six months to 31st December 2011. Global and domestic economic uncertainty saw the Australian stockmarket retreat 12% from 30th June 2011 resulting in declining investor confidence. Prime’s Earnings before interest and tax (EBIT) has declined 6% to $2.66M in 1H12 from $2.82M in 1H11. Net profit after tax (NPAT) has declined 10% to $1.81M. During the period the Operating Margin decreased from 45% to 41%. More information>>

26.08.11 – Prime Full-Year EBIT up 3%

Prime has achieved an improved operating result for FY2011. Earnings Before Interest & Tax (EBIT) increased to $5.50M from $5.36M in FY2010 and the Net Profit After Tax was $3.84M compared to $3.66M in FY2010. For more information>>

18.02.11 – Prime Half-Year NPAT up 9%

Prime has achieved an improvement in operating results compared with the previous corresponding period. Over this period Earnings before interest and tax (EBIT) has increased to $2.82M in 1H11 from $2.70M in 1H10, an increase of 4%. Net profit after tax (NPAT) of $2.02M in 1H11 has increased by 9% and both basic and diluted earnings per share (EPS) increased by 6%. More information >>

20.08.10 – Prime’s full-year EBIT up 26%, growth continues

Prime directors are very pleased that the company achieved a substantial growth in operating results for 2010. This result reflected a strong business recovery after the effects of the Global Financial Crisis with normalised EBIT increasing 26% to $5.36M from $4.24M in 2009. The profit after tax for 2010 was $3.66M compared to $1.08M in 2009. More information >>

Corporate Governance

Please click on the link below to download the Corporate Governance statement for Prime Financial Group Ltd

Diversity Policy

Please click on the link below to download the Diversity Policy for Prime Financial Group Ltd.

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Registered Office

  • Shareholder & Corporate Enquiries:

Dale Gaskell – Company Secretary

Level 17, Como Office Tower
644 Chapel Street
PO Box 6105
South Yarra, VIC 3141
AUSTRALIA
T: 03 9827 6999
F: 03 9827 9100
E: daleg@primefinancial.com.au

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