Company Overview
Retailing and importing of clothing, footwear and other soft goods.
Website | www.bestandlessgroup.com.au |
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Head Office | Leichhardt NSW |
Registry | Link Market Service Limited |
CEO | Rodney Orrock |
Chair Person | Jason Murray |
GICS Industry | Retailing |
Sub Industry | Apparel Retail |
Sector | Consumer Discretionary |
Market Cap | $246 m |
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Shares on Issue | 125 m |
Status | Trading |
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Directors and Management
Mr Brett Blundy
Non-Executive Director --
Mr Blundy is the Chairman and Founder of BBRC, a private investment group with interests across retail, capital management, retail property, agriculture, and other innovative ventures. Brett is currently Chairman of Lovisa Group (ASX: LOV) and a non-executive director of Accent Group Limited (ASX: AX1). Brett is a shareholder in a number of Australian publicly listed companies: Accent Group (ASX: AX1), Aventus Group (ASX: AVN), Dusk Group (ASX: DSK), Lovisa Group (ASX: LOV), and Universal Stores (ASX: UNI).
Male
Mr Stephen Michael Heath
Non-Executive Director 24/06/2021
Mr Heath has 32 years of experience in retail and is focuses on consumer goods brand management. Stephen is currently Chair of Temple & Webster, Glasshouse Fragrances and Shiro Holdings. He is also a Non-Executive Director of Redhill Education and previously a Non-Executive Director of Total Tools. Prior to his non-executive career, Stephen spent 16 years as CEO of iconic Australian consumer brands, including Rebel Sport, Godfreys and Fantastic Holdings. He also Chairman of the People Committee and member of the Risk Committee of the BST.
GAICD Male
Mr Jason Murray
Non-Executive Chairman,Non-Executive Director 10/03/2021
Mr Murray first joined Best & Less Group in February 2012 as Managing Director (when the Group was known as Pepkor South East Asia). He left the business in October 2018 and then re-joined in December 2019 when the business was acquired by Allegro Funds. Jason's previous experience includes eight years at The Just Group, including as CEO and Managing Director for the last four and a half years, and over ten years with the global management consulting company McKinsey & Co. Jason also has experience leadership, strategy development and transformation of retail businesses. He is also member of the Risk Committee of the BST.
BEc(Hons), MBA (Dean's List),MAICD Male
Mr Timothy (Tim) Dodd
Alternate Director --
--
Bsc(Hons), FCAE&W Male
Ms Melinda Frances Snowden
Non-Executive Director 24/06/2021
Ms Snowden has 27 years of experience in finance. Melinda is currently a Non-Executive Director and Chair of the Audit and Risk Committee of WAM Leaders, and Sandon Capital Investments and Megaport and a Non-Executive Director of Our Ark Mutual. Melinda has held previous non-executive roles at MLC, Vita Group, Mercer Investments (Australia) and Kennards Self Storage. Prior to her non-executive career, she held investment banking roles with Grant Samuel, Merrill Lynch and Goldman Sachs. She is also Chairman of the Risk Committee of BST.
BEco, LLB, GradDipAppFin&Inv, MAICD, FFinSIA Female
Ms Colleen Margaret Callander
Non-Executive Director 24/06/2021
Ms Callander has 30 years of fashion retail experience with 13 of those years as CEO of two of Australia's fashion brands - Sportsgirl and Sussan. Colleen also has a knowledge and experience in building brands, creating a winning culture and building environments. Colleen is also a member of the Starlight Victorian Advisory Board and an Ambassador for The Children's Cancer institute. She is also member of the People Committee of the BST.
Female
Mr Fay Bou
Non-Executive Director 29/07/2020
Mr Bou is a Managing Director at Allegro Funds and is a member of its Investment Committee. Fay led Allegro's acquisition of the Best & Less Group in 2019. Fay has 18 years of experience in finance and strategy in Australia, the U.S. and Asia, working for firms including Pacific Equity Partners, Babcock & Brown and PAG. Fay is a Non-Executive Director of The Interiors Group and Endeavour Learning Group and was previously Chair of Ngahuia Group. He is also member of the People Committee of the BST.
BSc(Bus IT),MBA,MA(Leonard Lauder Fellow),GradDipA Male
Mr Christopher (Chris) Koeck
Alternate Director 19/08/2021
Mr Koeck is an Investment Director at Allegro Funds where he has been a member of the investment team since 2014. Chris worked on Allegro's initial acquisition of the Best & Less Group in 2019 and was previously a director of the business prior to the listing on the ASX. Chris has over 10 years' experience in finance and M&A and prior to joining Allegro worked at PwC. Chris is currently an alternate non-executive director of Journey Beyond and was previously a non-executive director of Ngahuia Group and Best & Less Group.
Male
Top 20 Shareholders
Name | Shares | % | |
---|---|---|---|
1. | Allegro Fund III Lp | 50,621,544 | 40.38 |
2. | BBRC International Pte. Ltd. | 20,618,556 | 16.45 |
3. | Bignor Family Pty Ltd | 10,368,021 | 8.27 |
4. | Romeo Echo Oscar Investments Pty Ltd | 4,758,440 | 3.80 |
5. | Allegro Services III D Pty Ltd | 3,978,935 | 3.17 |
6. | National Nominees Limited | 2,928,070 | 2.34 |
7. | Antelope Corporate Solutions Pty Ltd | 2,478,354 | 1.98 |
8. | J P Morgan Nominees Australia Pty Limited | 2,393,342 | 1.91 |
9. | Accbell Nominees Pty Ltd | 2,369,585 | 1.89 |
10. | Citicorp Nominees Pty Limited | 2,276,394 | 1.82 |
11. | Washington H Soul Pattinson And Company Limited | 1,388,889 | 1.11 |
12. | HSBC Custody Nominees (Australia) Limited | 1,162,302 | 0.93 |
13. | Lily Aforo Addo | 744,745 | 0.59 |
14. | Vanessa Noy Enterprises Pty Ltd | 693,939 | 0.55 |
15. | Annik Pty Ltd | 619,588 | 0.49 |
16. | Joseph Van Dyk | 574,978 | 0.46 |
17. | HSBC Custody Nominees (Australia) Limited A/C 2 | 543,982 | 0.43 |
18. | Andrea Kenworthy | 483,279 | 0.39 |
19. | Double Jay Group Holdings Pty Ltd (Kimberley Superannuation A/C) | 465,000 | 0.37 |
20. | Janine Van Deventer | 464,691 | 0.37 |
Director Transactions
Date | Name | Qty | Value | Direction | Notes |
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