Butn Ltd (btn) Logo

Butn Ltd (BTN)

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BTN Chart

BTN's Principal Activity is the butn Limited is a founder led Australian B2B funder innovating the way SMEs fund and grow their businesses. The company focuses on transactional funding helping businesses through their working capital constraints.

Share Price Activity

Last (Price)
Change 0.00 (0.00)
Bid / Ask -
Volume
Volume (4w avg)
Turnover
Open
Day Range -
VWAP
Prev Close
Last Trade

Performance

1 Week
1 Month
2021 YTD
1 Year
vs Sector (1yr) -
vs ASX 200 (1yr) -24.17%

Size

Market Capitalisation
ASX Rank 1,505 of 2,295
Sector Rank

Key Information

Shares Issued
Sector Financial Services
Similar Companies -
EPS $0.00
DPS $0.00
NTA per share $0.00

Broker Consensus

BTN is not covered by a major broker, or data from most recent compilation was omitted due to not meeting QA guidelines.

Announcements

Date Heading Pages File Size Time

Company Overview

Butn Limited (BTN) is a founder-led Australian B2B funder innovating the way SMEs fund and grow their businesses. Butn focuses on funding SME businesses through their working capital constraints by financing individual transactions, leveraging the end debtor's credit. This approach has resonated with SMEs as an efficient way to access capital.

Incorporation Details

No incorporation details available.

Corporate Details

Head Office Caulfield North VIC 3161
Website www.butn.co
Registry Link Market Services
Auditor BDO Audit Pty Ltd
Date Listed 6 Jul 2021

Upcoming Calendar (Forecasted)

No calendar entries available.

Dividend History

DPS and Yield calculations use the Pay Date.

Ex-Date Amount Franking Gross Type Payable
No dividends paid.

See Upcoming Dividends for all ASX companies.

Directors & Management

Directors & Management

Name Title Since Bio
Mr Georg Johann Chmiel Non-Executive Director Sep 2020 Director Bio icon

Mr Georg Johann Chmiel

Non-Executive Director

Mr Chmiel has over 25 years of experience in the real estate and online industry, working for companies such as Deutsche Bank and McKinsey & Company. Georg is currently the executive chairman of Juwai IQI Holdings, one of Asia's property tech companies and chairman of iCarAsia (ASX:ICQ). Georg is also non-executive director of Centrepoint Alliance (ASX:CAF) and the PropTech Group (ASX:PTG) (the leading real estate office company for Australia and New Zealand). Georg was previously managing director and chief executive officer of the iProperty Group (ASX:IPP) before it was sold to REA Group (ASX:REA), later holding the position of chief financial officer and general manager (international) at REA Group. Georg was also previously non-executive director of Mitula Group (ASX:MUA) before it was acquired by Lifull (2120:Tokyo) and managing director of LJ Hooker Group with 700 offices across ten countries. Georg is the 2021 recipient of the Impact Lifetime Achievement Award for Property Excellence in Malaysia, winner of the C-Suite Leadership Excellence Award in 2020, the Asia Pacific Entrepreneurship Award in 2016 and the Top Outstanding Leaders Asia Award in 2015. He is also chairman of Risk Committee of BTN.

Mr Michael (Mike) John Hirst Non-Executive Director Sep 2020 Director Bio icon

Mr Michael (Mike) John Hirst

Non-Executive Director

Mr Hirst is a retired career banker who has worked across most areas of the banking industry and has experience in retail banking, balance sheet management, financial markets and strategy. After 9 years in the role of managing director and chief executive officer of Bendigo and Adelaide Bank, Mike retired in July 2018. Mike currently serves on a number of listed and not for profit boards including GMHBA, health.com.au, AMCIL and Racing Victoria where he is deputy chairman. Mike is an honorary member of the Business Council of Australia and a Commissioner of the Federal Government's National COVID-19 Commission Advisory Board. Mike was previously deputy chairman of Treasury Corporation of Victoria and the Australian Banking Association. He was also a director of Rural Bank, Sandhurst Trustees, Colonial First State Fund Managers, Barwon Health and Austraclear Limited. During the Global Financial Crisis, Mike was appointed to the Federal Government's Financial Sector Advisory Council and remained a member until his retirement. He is also member of Risk Committee of BTN.

Mr Suzanne Maree Ewart Non-Executive Chairman,Non-Executive Director Sep 2020 Director Bio icon

Mr Suzanne Maree Ewart

Non-Executive Chairman,Non-Executive Director

Ms Ewart has served as chair, director and senior business executive for various organizations, focusing on chairing audit, risk, finance and remuneration committees. She has served on a number of boards in the financial services, technology, health, infrastructure and education sectors with corporate governance and leadership knowledge from many years of experience in global businesses. With a background in treasury, finance, strategy, mergers and acquisitions, divestment and initial public offerings (in organizations including Fosters' Group, NAB, Telstra, BTR, Pacific Dunlop and Woodside Petroleum) together with strategic placements in executive level roles, Suzanne has experience in some of Australia's ASX listed corporations. Suzanne currently serves on the board of Dexus Wholesale Funds Ltd and also chairs a Bendigo Community Bank. Suzanne has served on a number of other boards including as chair of .au Domain Administration Ltd, Box Hill Institute Group, Peter MacCallum Cancer Centre and Cell Therapies and as a director of Treasury Corporation Victoria and TT Line Pty Ltd. She is also member of Risk Committee of BTN.

Mr Walter Rapoport Co-Founder, Joint CEO,Executive Director Sep 2020 Director Bio icon

Mr Walter Rapoport

Co-Founder, Joint CEO,Executive Director

Mr Rapoport's career spans economics research and more than 25 years as the founder and CEO of a knitwear manufacturing company supplying Australia's retailers, including a period as a licensee to Pierre Cardin. Throughout his career, he has involved in manufacturing, finance, sales and marketing. He has experience in identifying, developing, and executing innovative receivables funding solutions and adapting products to digital transformations. Walter serves as chairman of the Multicultural Chambers of Commerce Group and chairs the Grampians Regional Advisory Council.

Mr Rael Ross Co-Founder, Joint CEO,Executive Director Sep 2020 Director Bio icon

Mr Rael Ross

Co-Founder, Joint CEO,Executive Director

Mr Ross has over 15 years' experience in financial services, technology and business. Rael has created, developed and executed technology and digital projects through several businesses. Rael co-founded what is today known as Tsikot.com, one of the online automotive platforms and the online automotive forum in the Philippines. Rael has worked in private practice, the not-for-profit sector and for 'Big 4' accounting firms. In 2020, Rael was awarded Australian Young Entrepreneur across multiple categories.

Mr Darryl Lasnitzki Chief Financial Officer,Company Secretary N/A

Director Interests

The current holdings of BTN directors.

Director Last Notice Direct Shares Indirect Shares Options Convertibles
Suzanne Ewart 18/09/2020 98,425 N/A 481,250 N/A
Michael (Mike) Hirst 18/09/2020 192,120 100,000 306,250 N/A
Georg Chmiel 18/09/2020 60,000 N/A 306,250 N/A
Rael Ross 09/09/2020 N/A 36,191,572 1,300,000 N/A
Walter Rapoport 09/09/2020 N/A 36,191,572 1,300,000 N/A

Shareholder Info

Top 20 Shareholders About the Data

Data supplied by Morningstar and accurate on Jul 2, 2021.

It's not possible to publish a real-time Top 20 Shareholder list. Companies are not obliged to report this data (with the exception of Substantial Shareholders above 5%). If a company chooses to publish the data, it's usually once a year in their Annual Report.

All data is manually compiled so there might be a delay between the Annual Report being published and the data appearing on Market Index (<7 days for ASX 300 and up to 30 days for micro-caps).

Name Shares Capital
Walrap Nominees Pty Ltd 36,191,572 22.62%
Why K Pty Ltd (The Rael Ross Family A/C) 36,191,572 22.62%
Myob Invest Co Pty Ltd 31,840,000 19.90%
CS Third Nominees Pty Limited (i) 11,527,166 7.20%
CS Third Nominees Pty Limited (ii) 6,000,000 3.75%
Wilson Asset Management (Intl) Pty Ltd 3,073,911 1.92%
Helant Pty Ltd (The Helant Family A/C) 3,000,000 1.87%
Citicorp Nominees Pty Limited 2,000,000 1.25%
Mr David Roseman 1,500,000 0.94%
David Roseman 1,381,792 0.86%
Merriwee Pty Ltd (Merriwee Super Fund A/C) 1,152,717 0.72%
Pershing Australia Nominees Pty Ltd (Accum A/C) 1,084,500 0.68%
Jamber Investments Pty Ltd 1,082,500 0.68%
HSBC Custody Nominees (Australia) Limited 1,008,000 0.63%
Spring Plains Past Co (Vic) PL 768,479 0.48%
Wheap Pty Ltd (Boon Superannuation Fund A/C) 674,000 0.42%
Elkay Investments Pty Ltd 576,358 0.36%
Davsam Pty Ltd (Roseman Retirement Fund A/C) 560,400 0.35%
Evolution Ees Limited 537,935 0.34%
Asia Pac Technology Pty Ltd 494,000 0.31%

Shareholder Distribution

As reported in the most recent Annual Report.

Holding Size 1 - 1,000 1,001 - 5,000 5,001 - 10,000 10,001 - 100,000 100,001+ Total
No. of Shareholders 0 115 76 198 59 448

Substantial Shareholders

No Substantial Shareholders for BTN in our database.

Shareholders Buying

12 month transaction history compiled from ASX announcements.

Date Name Bought Previous % New %
06-07-21 Walrap Nominees Pty Ltd 36,191,572 -- 22.62
06-07-21 Why K Pty Ltd 36,191,572 -- 22.62
06-07-21 Regal Funds Management Pty Ltd 17,527,166 -- 10.95

Shareholders Selling

12 month transaction history compiled from ASX announcements.

No sell transactions reported by Substantial Shareholders in the past 12 months.

Historical Data

Share Price History

Date Close Change %Chg Open High Low Volume Turnover

Historical Data

Year Closing Price Last Trade
No Financial Year End data available
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BTN Historical Price Data (CSV)
Up to 20 years of EOD share price history
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