PPM's Principal Activity is the non-bank lender focused on underserved customer segments, and currently offers three broad categories or products including Mortgages, Asset Finance and Loan and Other Servicing.
|Bid / Ask||-|
|Volume (4w avg)|
|vs Sector (1yr)||-|
|vs ASX 200 (1yr)||-31.41%|
Pepper Money Limited (PPM) is a non-bank lender in the Australian mortgage and asset finance markets. Pepper has subsequently broadened its Australian business activities to also include the origination of prime residential mortgages, commercial real estate loans, auto and equipment finance, third party loan servicing and broker servicing, as well as expand into residential mortgages in New Zealand.
No incorporation details available.
DPS and Yield calculations use the Pay Date.
See Upcoming Dividends for all ASX companies.
|Mr Michael(Mike) John Cutter||Non-Executive Director||May 2021||
Mr Michael(Mike) John Cutter
Mr Cutter has over 30 years' experience in the financial services industry, both in Australia and abroad. He also has knowledge of comprehensive credit reporting regimes in Australia and international markets. Mike is currently a Non-Executive Director of Sezzle, an ASX listed Buy Now Pay Later company. Prior to joining the Pepper Money Board, Mike held various executive positions including Group Managing Director of Equifax ANZ, Chief Risk Officer ANZ (Australia Division), CEO at GE Money Australia & New Zealand, and CEO of OAMPS Insurance Brokers. Mike has held various directorships and chairmanships with Wesfarmers, and Pepper ANZ companies, and with GE, and AFC from 2006 and NIBA from 2013. Mike has served as a Director of the Women's Cancer Foundation from 2006 to 2015, Director of the Australian Finance Conference from 2006 to 2009 and National Insurance Brokers Association from 2013 to 2014. He is a chair of the Risk committee.
|Ms Akiko Jackson||Non-Executive Director||May 2021||
Ms Akiko Jackson
Ms Jackson has more than 30 years' experience as an executive in the financial services industry including with CBA, Macquarie and Westpac in Australia and MUFG and Shinsei Bank in Japan, and as a strategy consultant in the US and Australia. Akiko has worked in both the private and the public sectors and has experience in strategy & business development, risk management and large scale transformation, including digital transformation. Akiko has led an Initial Public Offering and been involved in multiple equity raisings. Akiko is a Non-Executive Director of the Australian Children's Education and Care Quality Authority ("ACECQA") and of the Foundation and Friends of the Botanic Gardens and a member of the Portfolio Advisory Council of Services Australia. Akiko's past directorship includes a Non-Executive Director of 86 400 Limited, as well as being a member of the Advisory Committee of the Australian Treasury and the Strategy Advisory Committee of the Department of Immigration and Border Protection. She is a member of the Risk committee.
|Mr James Desmond O'Shea||Non-Executive Director||May 2021||
Mr James Desmond O'Shea
Mr O'Shea has more than 40 years' experience in Banking and Consumer Finance. He was appointed to the Pepper Group Board in March 2014 and he Chairs the Group Audit and Risk Committee. Des is currently Chairman of Oodle Finance; a U.K. based auto finance business and is on the board of Byblos Bank in Lebanon (where he is Chair of the Risk Committee) and Byblos Bank Europe (where he is Chair of the Audit and Risk Committee). Des was Chair of Ulster Bank Limited in Ireland until July 2020. He has been on the board of banks and other financial institutions in more than 12 countries in Europe, Asia, South and Central America. He is a member of the Risk committee.
|Ms Justine Turnbull||Non-Executive Director||May 2021||
Ms Justine Turnbull
Ms Turnbull has over 25 years' experience in running commercial business with her specialist legal experience on executive employment and related governance issues, in both private and public enterprises and on national and global levels. Prior to joining the Pepper Money Board, Justine held various positions including founding Partner of Seyfarth Shaw Australia and Partner of Herbert Smith Freehills. More recently Justine has consulted businesses on workplace behaviour and culture issues. Justine has association with Pepper Money, initially as lead Employment Advisor on the Australian GE Residential Mortgages acquisition in 2011, and then as ongoing employment advisor with Herbert Smith Freehills and Seyfarth Shaw. Justine is a former board member for Catholic Schools NSW/ACT, Access EAP and TAFE NSW.
|Mr Rob Verlander||Non-Executive Director||May 2021||
Mr Rob Verlander
Mr Verlander has held senior positions at investment and commercial banks, in Australia and the United Kingdom, in Fixed Income, Capital Markets, Infrastructure and Securitisation for over 35 years. These include: Head of DCM Origination BZW Australia (Barclays Banking Group), Head of Fixed Income Commonwealth Bank of Australia (Europe), member of management committee CBA (Europe), Head of Primary Markets CBA, and a leading member of CQ (CBA's Institutional Bank Diversity and Culture Council). Prior to his retirement from the banking industry in 2019, Rob was head of the Securitisation business at the Commonwealth Bank of Australia, where he acted as banker to many of Australia's non-bank lenders, including Pepper Money. He is a member of the Risk committee.
|Mr Mario Rehayem||Chief Executive Officer,Executive Director||May 2018||
Mr Mario Rehayem
Chief Executive Officer,Executive Director
Mr Rehayem has over 19 years of experience across banking and finance, Mario has held senior positions in an ADI environment as well as in the non-bank sector. Mario held various roles including State Manager, Mortgage Broker Distribution - Western Australia and South Australia for Westpac. In 2019, Mario was included in the MPA Mortgage Global 100 List featuring leaders who are making a difference in today's mortgage industry. Mr Rehayem joined Pepper Money in 2011 and has held various roles including Managing Director, Australian Mortgages and Personal Loans, Director of Sales and Distribution, Australian Mortgages and Personal Loans.
|Mr Michael Charles Culhane||Non-Executive Chairman,Non-Executive Director||Jan 2011||
Mr Michael Charles Culhane
Non-Executive Chairman,Non-Executive Director
Mr Culhane is currently the CEO of the Pepper Global Group and is responsible for the global financial performance and strategy of businesses in the 12 jurisdictions in where Pepper Group currently operates. From 2001 to 2008, Michael has founded and running Oakwood Global Finance LLP that grew into a diversified specialty finance business. Prior to founding Pepper Group, Michael served as the Executive Chairman of Future Mortgages (UK non-conforming residential mortgage lender) and the Chief Executive Officer of the London office of FBR, a United States-based investment bank (while at FBR, Michael worked for 10 years in equity capital markets). He is a member of the Risk committee.
|Mr John Williams||Company Secretary,General Counsel||N/A|
|Therese McGrath||Chief Financial Officer||N/A|
|Sue Kent||Chief Human Resource Officer||N/A|
|Steven Meek||Chief Information Officer||N/A|
|Michael Vainauskas||Chief Risk Officer||N/A|
|Matthew Tinker||Chief Service Officer||N/A|
|Ken Spellacy||General Manager, Asset Finance||N/A|
|Sarah Pikardt||General Manager, Marketing & Brand||N/A|
|Barry Saoud||General Manager, Mortgages and Commercial Lending||N/A|
|Neil Culkin||Head of Credit and Settlements - Mortgages & Commercial Lending||N/A|
PPM directors must report any change in shareholding to the ASX within 5 business days.
See Director Transactions for all ASX companies.
|11/03/22||Akiko Jackson||Buy||+39,792||$1.815||$72,222||Conversion of securities|
|11/03/22||Justine Turnbull||Buy||+39,792||$1.815||$72,222||Conversion of securities|
|11/03/22||Michael(Mike) Cutter||Buy||+39,792||$1.815||$72,222||Conversion of securities|
|11/03/22||Rob Verlander||Buy||+39,792||$1.815||$72,222||Conversion of securities|
|11/03/22||Akiko Jackson||Exercise||39,792||$1.815||$72,222||Conversion of securities|
|11/03/22||Justine Turnbull||Exercise||39,792||$1.815||$72,222||Conversion of securities|
|11/03/22||Michael(Mike) Cutter||Exercise||39,792||$1.815||$72,222||Conversion of securities|
|11/03/22||Rob Verlander||Exercise||39,792||$1.815||$72,222||Conversion of securities|
|11/10/21||Akiko Jackson||Issued||39,792||$2.89||$114,998||Directors' share plan|
|11/10/21||Justine Turnbull||Issued||39,792||$2.89||$114,998||Directors' share plan|
|11/10/21||Michael(Mike) Cutter||Issued||39,792||$2.89||$114,998||Directors' share plan|
|11/10/21||Rob Verlander||Issued||39,792||$2.89||$114,998||Directors' share plan|
|24/09/21||Mario Rehayem||Issued||1,608,666||$2.89||$4,649,044||Issue of securities|
|24/08/21||Justine Turnbull||Buy||+1,349||$2.68||$3,615||On-market trade|
The current holdings of PPM directors.
|Director||Last Notice||Direct Shares||Indirect Shares||Options||Convertibles|
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 (%)|
|Australiansuper Pty Ltd||31/01/2022||40,630,247||9.24|
|Pepper Group ANZ Holdco Limited||25/02/2022||266,309,851||60.59|
12 month transaction history compiled from ASX announcements.
|Date||Name||Bought||Previous %||New %|
|06-07-21||Australiansuper Pty Ltd||6,000,000||7.88||9.24|
|02-07-21||Australiansuper Pty Ltd||5,377,724||6.66||7.88|
|27-05-21||Pepper Group ANZ Holdco Limited||19,004,645||100.00||61.60|
|27-05-21||Australiansuper Pty Ltd||29,252,523||--||6.66|
|25-05-21||Pepper Group ANZ Holdco Limited||251,929,460||--||100.00|
12 month transaction history compiled from ASX announcements.
|Date||Name||Sold||Previous %||New %|
|25-02-22||Pepper Group ANZ Holdco Limited||4,624,254||61.6||60.6|
All data on this page is supplied by the ASX, Morningstar and Market Index. Read the disclaimer.