Delivering meaningful growth
January 19, 2022 | 1 |
GBL's strategic journey
1 | GBL's unique model | 3 |
2 | Active investor | 7 |
- Portfolio rotation
- Diversified portfolio
- Proprietary sourcing
3 | Instrumental in growth | 14 |
& value creation | ||
a. for our portfolio
b. for GBL shareholders
4 | Transformation toward | 19 |
more private assets & Sienna | ||
- Private assets
- Sienna
5 | ESG integration |
6 | Conservative balance sheet |
management & |
dividend policy
7 Conclusion
8 Appendix
- Financial update
- Reinforced teams
32
48
55
57
2
GBL's strategic journey
1 | GBL's unique model | 3 | ||
3
1. GBL's unique model
Solid and stable shareholding structure
data as of November 30, 2021 (1)
Treasury | Float - |
shares | registered |
4.66% | 1.66% |
Frère
Group
50%
Pargesa | 29% of capital | GBL | |
Power | |||
Corporation of | 44% of voting rights | ||
Canada group | |||
50% | Pargesa | ||
29.13% |
Float -
dematerialized
64.55%
(1) Accounts for cancellation of 5 million shares on November 4, 2021 | 4 |
1. GBL's unique model
One-of-a-kind features, reaffirmed DNA
Patrimonial | Active & | Focused | Flexible | Unique | Low structure | |||||||
Engaged | mandate | network | costs | |||||||||
-
Solid and stable shareholder base, family values and
DNA - Permanent capital with long-term outlook
- Conservative leverage
- See page 29 for more detail
• Creative, supportive | • Sizeable deal flow |
and challenging | but selecting and |
Board member | overseeing a limited |
aiming to unlock | number of core |
long-term value | investments |
• Able to tackle | • Geographic |
complex situations | and sector focus |
- Ambitious 1.5°C SBTi climate commitment
- Equity investments ranging in size from €250m to €2bn
- Majority or minority stakes with influence
- Public or private companies
- Growing exposure to alternative assets through its dedicated asset management platform Sienna (1)
- Strong pan-European•< 20bps Opex vs.
network through | NAV (2016-20) | |
previous professional | • | 46% Opex coverage |
experiences and | by yield | |
presence in | ||
enhancement | ||
high-quality Boards | ||
income (2016-20) | ||
• Multicultural | • | No material tax |
Board of Directors | ||
leakage |
5
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Disclaimer
GBL - Groupe Bruxelles Lambert SA published this content on 19 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 January 2022 17:20:06 UTC.