About Promina
Promina Group is a specialised and focused group of Australian and New Zealand insurance and financial services companies including well-known brands such as AAMI, Vero, Shannons, Tyndall, Asteron, AA Insurance and Australian Pensioners Insurance Agency (APIA). Promina Group Limited is the group’s ultimate holding company.
Latest News
Promina Group Limited (Promina) today announced that it has completed the latest phase of the Group’s capital initiatives, with an on-market share buy-back closing on 25 November 2005.
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Promina Group Limited (Promina) advises that, as a result of the recent capital return on its ordinary shares, the Maximum Conversion Number (MCN) applicable to its Reset Preference Shares has been adjusted from 399 to 417.9999 as per the Terms of Issue for those shares.
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Promina Group Limited (Promina) advises that the Allocation Price for ordinary shares to be issued to participants under the Dividend Reinvestment Plan (DRP), in respect of the interim dividend payable on 31 October 2005, is A$4.69 per share.
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Promina Group today welcomed the news that its group-wide Talent Management program has won the ipac Award for Best Talent Management at the 2005 Australian HR Awards in Melbourne.
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Promina Group Limited (Promina) today welcomed the launch of the new industry Code of Practice by the Insurance Council of Australia (ICA).
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Promina Group Limited (Promina) today announced that Asteron, its trans-Tasman financial services business, has acquired the boutique corporate superannuation services provider Standard Pacific.
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Promina Group Limited (Promina) today confirmed that the new Australian equivalents to the International Financial Reporting Standards (AIFRS) will be applied to the financial statements for the half-year ended 30 June 2005. These results are due to be released on 25 August 2005.
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Promina Group Limited (Promina) has proudly welcomed the news that the Group’s 2005 Annual Report has won a prestigious Gold Award in New York at the world’s largest annual report competition.
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Further to the announcement made on 2 September 2005, Promina Group Limited (Promina) today announced that the settlement of the issue of subordinated notes to institutional investors by its wholly owned subsidiary, Vero Insurance Limited, has been successfully completed.
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Promina Group Limited (Promina) today confirmed that, as announced in its half-year results on Thursday 25 August, the Dividend Reinvestment Plan (DRP) remains activated in respect of the interim dividend that will be paid on ordinary shares.
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