Inactive Instrument

Company Austock Group Limited Australian S.E.

Equities

ACK

AU000000ACK8

Insurance Funds

Business Summary

Generation Development Group Limited is an Australia-based Pooled Development Fund (PDF). The Company’s principal activity includes marketing and management of life insurance and life investment products and services to the retail sector in Australia and the provision of administration services in the financial services industry. The Company’s segment is the Benefit Funds Management and Fund Administration, which is engaged in the provision of administration and management services to the Benefit Funds of Generation Life Limited and administration services to institutional clients. It offers a range of tax effective investment solutions, which include investment bonds, IncomeSeries and LifeIncome annuities. Its investment bonds range includes LifeBuilder, ChildBuilder and FuneralBond. LifeIncome annuity is an investment-linked lifetime annuity that pays a regular income for life. LifeIncome annuity is designed to optimize retirement income and complement other retirement solutions.

Sales per Business

AUD in Million2022Weight2023Weight Delta
Benefit Funds
96.4 %
-183 104.2 % 244 96.4 % -233.33%
Benefit Funds Management & Funds Administration
3.0 %
7 -3.9 % 8 3.0 % +10.38%
Other Business
0.6 %
0 -0.3 % 1 0.6 % +200.00%

Sales per region

AUD in Million2022Weight2023Weight Delta
Australia
100.0 %
-176 100.0 % 253 100.0 % -244.05%

Managers

Managers TitleAgeSince
Director of Finance/CFO - 18-03-18
Chairman 61 17-07-17
Chief Operating Officer - 20-01-31
Director/Board Member - 12-02-08
Corporate Secretary - 03-06-30

Members of the board

Members of the board TitleAgeSince
Director/Board Member - 12-02-08
Chairman 61 17-07-17
Director/Board Member - 21-11-17

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 190,610,251 123,677,158 ( 64.88 %) 0 64.88 %

Shareholders

NameEquities%Valuation
River Capital Pty Ltd.
8.404 %
16,018,196 8.404 % 22 M $
14,730,488 7.728 % 20 M $
Wilson Asset Management (International) Pty Ltd.
7.576 %
14,440,370 7.576 % 20 M $
13,161,899 6.905 % 18 M $
9,583,897 5.028 % 13 M $
Ellerston Capital Ltd.
4.990 %
9,511,452 4.990 % 13 M $
BlackRock Investment Management (Australia) Ltd.
4.939 %
9,413,994 4.939 % 13 M $
Rob Coombe
4.676 %
8,912,792 4.676 % 12 M $
Candoora No 31 Pty Ltd.
3.160 %
6,022,860 3.160 % 8 M $
4,000,001 2.099 % 5 M $

Company contact information

Generation Development Group Ltd.

447 Collins Street Level 17

3000, Melbourne

+

http://www.gendevelopmentgroup.com.au
address Austock Group Limited(ACK)
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