Fineos Corporation Holdings Plc (fcl) Logo

Fineos Corporation Holdings Plc (FCL)

___:___ · Technology
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52 WEEK RANGE

FCL Chart

Snapshot

FCL's Principal Activity is the development and sale of enterprise claims and policy management software for the Life, Accident and Health Insurance Industry.

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) -33.27%
vs ASX 200 (1yr) -37.31%

Size

Market Capitalisation
ASX Rank 275 of 2,316
Sector Rank 20 of 223

Key Fundamentals

Shares Issued
Sector Technology
Similar Companies EML / HSN / ISX
EPS -$0.066
DPS $0.00
NTA per share $0.02

Broker Consensus

Breakdown 8 Buy · 1 Hold · 0 Sell
Recommendation Strong Buy
Last Updated 04/10/21

Announcements

Date Heading Pages File Size Time

Corporate Overview

FINEOS Corporation Holdings PLC (FCL) is a vendor of core software to the life, accident & health (LA&H) insurance industry. FINEOS providing critical core software used in the administration of insurance businesses, including systems for claims management, policy administration and billing. all core products on the FINEOS Platform are live with an installed client base, and all software is offered as cloud-based SaaS products only.

Incorporation Details

No incorporation details available.

Corporate Details

Head Office Dublin Ireland D03 FT97
Website www.fineos.com
Registry BoardRoom
Auditor Mazars
Date Listed 16 Aug 2019

Upcoming Calendar (Forecasted)

Date Event
23/02/2022 Report (Interim)
25/08/2022 Report (Prelim)
25/08/2022 Report (Annual)

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 David Hollander Non-Executive Director Oct 2019 Director Bio icon

Mr David Hollander

Non-Executive Director

Mr Hollander has over 35 years of experience in the insurance, technology and professional services industries. He most recently served as Global Insurance Leader for Ernst & Young LLP (EY), a professional services operation across 150 countries with US$31bn+ in revenues. He currently sits on the Board of Directors at Westfield Insurance and Distinguished Programs, both in the United States. Previously he served as the CEO of UNIRISX, a SaaS-based policy administration insurtech solution based in the UK. He began his career with Accenture (NYSE: ACN), where he served in a variety of leadership and client service roles including CEO of Accenture's Financial Services Solutions Group. He led the creation of a 200-person global insurance software company within Accenture, driving more than US$1bn in consulting and outsourcing pull through revenues, in addition to leading the acquisition and integration of a major life and annuity software provider.

Ms Vanessa Chidrawi Joint Company Secretary Aug 2019
Ms Anne Bernadette O'Driscoll Non-Executive Chairman,Non-Executive Director Jul 2019 Director Bio icon

Ms Anne Bernadette O'Driscoll

Non-Executive Chairman,Non-Executive Director

Ms O'Driscoll has over 35 years of business experience across a broad spectrum of the insurance industry. She is currently on the boards of ASX-listed companies, Steadfast Group Limited and Infomedia Limited, as well as non-listed companies, MDA National Pty Limited and Commonwealth Insurance Limited. She chairs the audit committee for each of these boards. She has held various other senior management roles within organisations such as Insurance Australia Group Limited and NRMA Group, as well as being the CFO of Genworth Australia between 2009 and 2012. She is also a former director of the NSW Self-Insurance Corporation and Australasian Investor Relations Association Limited.

Mr Gilles Biscay Non-Executive Director Jul 2019 Director Bio icon

Mr Gilles Biscay

Non-Executive Director

Mr Biscay served on the Board of FINEOS Corporation Limited, the main operating entity of the FINEOS Group from 2014. He spent most of his career at Accenture, where he worked in multiple areas ranging from large system integration, post-merger implementations, case tools and enterprise resource planning software development. In 2005, he was named as the managing director and global lead for Accenture portfolio in insurance systems. Under his leadership, Accenture's vertical software activities grew significantly both organically and with new clients in countries such as Japan and Turkey, and externally with acquisitions such as NaviSys and Duck Creek, both insurance software providers. He is also a founding partner and president of FutureWork SAS, a strategy consulting firm aimed at helping corporations manage digital transformations, and a non-executive independent director and board member of EUDONET SAS, a cloudbased CRM provider.

Dr Martin Fahy Non-Executive Director Jul 2019 Director Bio icon

Dr Martin Fahy

Non-Executive Director

Mr Fahy is the Chief Executive Officer (CEO) of the Association of Superannuation Funds of Australia (ASFA), the peak policy, research and advocacy body for Australia's superannuation industry. Prior to this he was a senior partner in the management consulting practice of KPMG, where he led the firm's Global Business Services and Business Process Outsourcing activities. From 2007 to 2011, he was CEO at the Financial Services Institute of Australasia (FINSIA) where he led the organisation's transformation post the sale of its education business. Prior to FINSIA, he led strategy and development for the Chartered Institute of Management Accountants (CIMA) in Asia Pacific.

Mr Tom Wall Chief Financial Officer,Executive Director,Company Secretary Jul 2019 Director Bio icon

Mr Tom Wall

Chief Financial Officer,Executive Director,Company Secretary

Mr Wall has over 30 years of industry experience having worked in financial management with a number of global corporations across the IT, financial services, distribution and manufacturing industries. Prior to joining FINEOS, he spent seven years at Oracle where he held various positions including as a Board Member and Finance Director of Oracle Ireland and Finance Director for Oracle EMEA Ltd. He also gained expertise working across a number of financial and accounting roles at MFS Communications Ltd, Unisys World Trade Incorporated and Black & Decker Inc.

Mr Michael Kelly Chief Executive Officer,Executive Director Oct 2018 Director Bio icon

Mr Michael Kelly

Chief Executive Officer,Executive Director

Mr Kelly has more than two decades of senior management experience in the insurance industry. He began his career with Paxus Corporation, an Australian insurance software vendor entering the European market. Michael assisted in establishing Paxus's LIFE400 product as the market leading policy administration system in continental Europe, which was later acquired by CSC. Michael is a previous winner of the EY Ireland Technology Entrepreneur of the Year, and in 2015 was named as one of the top 10 most influential executives in the Irish international FinTech sector.

Director Transactions

FCL directors must report any change in shareholding to the ASX within 5 business days.

See Director Transactions for all ASX companies.

Date Director Type Amount Price Value Notes
09/09/21 Michael Kelly Sell +2,924,429 $4.30 ($12,575,044) Off-market trade
06/11/20 Tom Wall Issued 150,000 $4.16 $624,000 Issue of options
21/10/20 David Hollander Buy +41,224 $5.02 $206,944 On-market trade
08/10/20 Tom Wall Sell +1,300,000 $4.50 ($5,850,000) As advised by the company
08/10/20 Tom Wall Exercise 1,300,000 $0.135 $175,500 Exercise of options
08/10/20 Tom Wall Buy +1,300,000 $0.135 $175,500 Exercise of options
08/10/20 Gilles Biscay Buy +4,084 $4.79 $19,562 On-market trade
14/09/20 Gilles Biscay Issued 2,399 $4.26 $10,219 Participation in share purchase plan
14/09/20 Anne O'Driscoll Issued 2,399 $4.26 $10,219 Participation in share purchase plan
27/02/20 Tom Wall Exercise 475,640 $0.201 $95,634 Exercise of options
27/02/20 Tom Wall Exercise 475,640 $0.201 $95,634 Exercise of options

Director Interests

The current holdings of FCL directors.

Director Last Notice Direct Shares Indirect Shares Options Convertibles
Michael Kelly 09/09/2021 N/A 167,418,041 N/A N/A
Tom Wall 30/06/2021 N/A N/A 1,150,000 N/A
Martin Fahy 30/06/2021 8,000 N/A N/A N/A
Gilles Biscay 30/06/2021 35,883 N/A N/A N/A
Anne O'Driscoll 30/06/2021 10,399 N/A N/A N/A
David Hollander 21/10/2020 41,224 N/A N/A N/A

Shareholder Info

Top 20 Shareholders

Data supplied by Morningstar and accurate on Aug 19, 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
Jacquel Investments Limited 162,333,430 53.80%
HSBC Custody Nominees (Australia) Limited 38,917,454 12.90%
J P Morgan Nominees Australia Pty Limited 23,108,431 7.70%
Citicorp Nominees Pty Limited 15,845,024 5.30%
BNP Paribas Nominees Pty Ltd <Agency Lending Drp A/C> 8,891,152 2.90%
Carmen Investments Limited 8,009,040 2.70%
Australian Foundation Investment Company Limited 7,338,177 2.40%
BNP Paribas Noms Pty Ltd <Drp> 4,786,208 1.60%
Cs Third Nominees Pty Limited <HSBC Cust Nom Au Ltd 13 A/C> 4,140,324 1.40%
National Nominees Limited 3,842,216 1.30%
Mirrabooka Investments Limited 3,424,380 1.10%
Amcil Limited 2,262,763 0.80%
Djerriwarrh Investments Limited 1,105,000 0.40%
Jason Andrew & Wendy Andrew <Jason&Wendy Andrew Recov A/C> 986,825 0.30%
Powerwrap Limited <Scheme Iml Trades A/C> 784,471 0.30%
Truebell Capital Pty Ltd <Truebell Investment Fund> 761,024 0.30%
Garrett Viggers 609,509 0.20%
Alan Leard 435,364 0.10%
BNP Paribas Nominees Pty Ltd Hub24 Custodial Serv Ltd <DRP A/C> 402,202 0.10%
Highscale Ventures Classic Fund Llc 365,603 0.10%

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 2,225 1,128 252 241 33 3,879

Substantial Shareholders

A substantial shareholder is a person or entity that owns 5% or more of the voting shares in a company. Shares can be held through multiple entities, so the Substantial Shareholders list differs from the Top 20 Shareholders list.

Shareholding changes less than 1% do not require notification to the market. When all “Last Notice” dates are identical, it suggests that no (or minimal) change has occurred since the most recent Annual Report.

Name Last Notice Total Shares Shares Held (%)
Jacquel Investments Limited 19/08/2021 162,333,430 53.80

Shareholders Buying

12 month transaction history compiled from ASX announcements.

Date Name Bought Previous % New %
10-03-21 Kayne Anderson Rudnick Investment Management LLC 18,103,283 -- 6.00

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
2020 $3.90 30 June
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FCL Historical Price Data (CSV)
Up to 20 years of EOD share price history
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