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, 100% ownership).
- Wealth management services (Perpetual Portfolio Management, 100% ownership).
- Funds management (Torchilight Investment Group, 100% ownership).
- Rural services (18% shareholding in PGG Wrightson Ltd).
2010 Highlights
- Successful Capital Raising of $272.5m.
- MARAC recording a net profit after tax of $14.3m.
- Perpetual reporting a net profit after tax of $4.5m.
- Contribution of $3.9m from PGG Wrightson.
- Proposed merger with CBS Canterbury and Southern Cross Building Society.