Corporate Announcements

2005 Media Releases

13 December

Patrick Management Lets Its Shareholders Down Again (PDF File)


12 December

Patricks Takeover: Revised Undertakings to ACCC (PDF File)


24 November

Third Supplementary Bidder’s Statement (PDF File)


22 November

Toll HSV Dealer Team


11 November

Second Supplementary Bidder's Statement (PDF file)


10 November

Response to ACCC Statement of Issues (PDF file)


8 November

Pacific National Arbitration Decision (PDF file)


2 November


Toll Holdings' Bid the Best Option for Patrick Shareholders (PDF file)
Supplementary Bidder's Statement (PDF file)


27 October

2005 Annual General Meeting


20 October

Why Patrick Shareholders Should Accept Toll's Offer (PDF)
Response to Target's Statement


18 October


Patrick's Target Statement endorses Toll's Strategy and Offers No Alternative
Toll considers that Patrick Corporation's Target's Statement today failed to justify its advice that Patrick Shareholders should not accept Toll's takeover offer.


13 October

Toll's Questions re Accounting Queries (PDF file)


12 October

Toll's Response to Patrick's Accounting Queries (PDF file)


3 October



Media Release - Patrick Tactics Will Fail To Disrupt Pacific National
Actions by Patrick Corporation to initiate dispute procedures over the Pacific National joint venture are a pointless and diversionary takeover defence tactic against the takeover bid for Patrick by Toll Holdings.


15 September






Media Release - Toll Lodges Bidder's Statement
Toll Holdings Limited (Toll) today lodged its Bidder's Statement with the Australian Securities and Investments Commission and Australian Stock Exchange (ASX) for its off-market takeover offer (Offer) for all of the shares it does not already own in Patrick Corporation Limited (Patrick).

Bidder's Statement... (PDF 3.5MB)
Underwriting Agreement...
(PDF)


8 September


Media Release - Takeover Offer for Patrick
Toll Holdings Limited announced its intention to bid for Patrick Corporation Limited on 22 August 2005. The Bidder’s statement is expected to be lodged with ASIC next week.


5 September







Media Release - Takeover Offer for Patrick
On 2 September 2005 Patrick Corporation Limited requested additional information concerning Toll's proposed takeover bid for Patrick which was announced to ASX on 22 August 2005.

Media Release - Pacific National and Patrick Takeover
Toll today called on Patrick to withdraw its claims of a formal dispute with Toll in respect of Pacific
National Queensland and to correct claims made to the market.


22 August








Media Release and Appendix 4E Preliminary Final Report and Unaudited Results For Year Ended 30 June 2005
Toll Holdings, Australia’s leading provider of integrated transport and logistics services today announced a record $215.8 million after tax profit, with one off significant items lifting the overall result to $216.5 million.

Additional Media Release - Full Year Results 2005
Media Release - Toll Holdings / Patrick
Investor and 2005 Full Year Financial Report Presentation - PDF, 1.9 MB


9 August




TOLL Partners With Macquarie Goodman in $120 Million Deal
Toll Holdings, Australia’s leading provider of integrated transport and logistics solutions, today announced that it has partnered with Macquarie Goodman to acquire, develop and jointly manage in excess of $120 million of Toll’s
properties.


16 June



Toll Shipping - Committed to Best Practice
Interislander supports the safety recommendations made by the Maritime Safety Authority (MSA) relating to reports released by them today, as they reinforce the changes already actioned by Toll within Interislander's operation.


14 June



Additional vessel will boost tourism growth
Toll Shipping today announced the charter of an additional vessel for the Interislander fleet that will accommodate up to 1600 passengers and 600 cars. It will arrive in August, in preparation for the peak summer season.


14 June


Toll Transitions and Defence partner for another term
Toll Transitions, a business with the Toll Holdings group, has been successful in renewing Australia’s largest removals management contract, with the Department of Defence.


20 May


Takeover offer by Mainfreight Ltd of Toll's shareholding in Owens Group Ltd
Toll Holdings today announced it has agreed to accept a takeover offer to be made by Mainfreight Limited in respect of Toll's Shareholding in Owens Group Limited.


19 May



Patrick Corporation Ltd/Toll Holdings Limited/Pacific National - Results
Patrick Corporation and Toll Holdings Limited today announced that their jointly owned rail investment, Pacific National, had recorded a profit after tax of $78.0 million for the 9 months ending 31 March 2005, an increase of 39% over the previous corresponding period.


12 May







Toll opens its key QLD rail terminal at Townsville
Toll’s new state-of-the-art rail facility at Townsville welcomed its first train from Brisbane last week.

Eighteen months of planning, plus 12 months in construction, has seen the creation of this world class facility development, at a cost of approximately $20m. Construction will shortly commence on a new distribution warehouse for QRX, train maintenance facilities and additional improvements will take the investment over $30m.


31 March


Study proves call for level playing field between road and rail justified
The Surface Transport Costs and Charges Study released today has been welcomed by Toll NZ as it proves once and for all the inequalities that exist between rail and road users.


18 March





Issue of Ordinary Shares: Shortfall on dividend reinvestment plan
Toll Holdings Limited, Australia’s leading provider of transportation and logistics services, has placed 1.8 million fully paid ordinary shares to institutional investors at $13.50 per share, raising $24.3 million. Proceeds from the issue will be used for general capital management purposes. The issue approximates the shortfall in the Company’s dividend reinvestment plan in respect of the interim 2005 dividend.


01 March



Toll Logistics acquires J.D. Lyons & Co Ltd
Toll Holdings Limited, Australia’s leading provider of transportation and logistics services, today confirmed its acquisition (via its subsidiary Toll Logistics (CL) Limited) of the share capital of J.D. Lyons & Co Ltd, a Wellington based transport and logistics company.


22 February










Momentum continues as Toll posts another record result
Toll Holdings, Australia’s leading provider of transportation and logistics services today reported a record after tax profit of $109.2 million, in respect of the six months to 31 December 2004.

Toll Managing Director, Mr Paul Little, said “the result, which represents a 28% increase over last year, was clearly of high quality and evidence that we are capturing the benefits of the momentum which has been built in the business over the past couple of years.

Toll Holdings Limited Half Year Report
2005 Half Yearly Results Presentation - PDF 6.14 Mb
2005 Half Yearly Results Presentation - ZIP 4.02Mb


22 February







Pacific National Half Year Results 31 December 2004
Patrick Corporation Limited and Toll Holdings Limited today announced that their joint owned rail investment, Pacific National, had recorded an after tax profit of $55.9 million for the six months to 31 December 2004.

Revenue for the six months was $683 million, including a contribution of $70 million from Freight Australia following its acquisition in September 2004. Total revenue was $67.9 million or 25.4% higher than the previous corresponding period.


11 February



Toll completes purchase of Western Stevedores
Toll Holdings, Australia's leading provider of integrated transport and logistics services, today announced it had completed the acquisition of the stevedoring and cargo services operations of the Western Stevedores Group.


31 January



Toll Servicing Tsunami Relief Effort
Toll Holdings, Australia’s leading provider of integrated transport and logistics services, today confirmed its initial contribution to the tsunami relief effort of $350,000

 

Click on a year or title
below to read about the developments at Toll:

Media Enquiries
Andrew Ethell
General Manager
Group Corporate Affairs
+61 3 9694 2888
andrew.ethell@tollgroup.com

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