Past year: ▲ 5%(4.96 – 8.29 AUD)
Each one in plain English, with the numbers worked through for a shareholder.
12 June 2024security holder rights change● Neutral
1,533,906 performance share rights issued to senior executives under the 2024 long-term plan, about 0.12% of shares. Vesting depends on relative earnings per share and cost targets over the period to 31 December 2026; settled in existing shares or cash.
3 June 2024other● Neutral
Hong Kong monthly return for May 2024: no change in issued shares, which remain 1,320,439,437. Administrative filing.
30 May 2024security holder rights change● Neutral
16,541 deferred short-term incentive rights issued to Co-Vice Chairman Ning Yue, approved at the 30 May AGM. They vest 8,270 on 1 March 2025 and 8,271 on 1 March 2026, and can be settled in existing shares or cash, so no new shares are needed.
30 May 2024investor presentation● Neutral
Cover release and slides for the 30 May 2024 AGM, to be delivered by Co-Vice Chairman Gregory Fletcher and CEO David Moult. Readable text is only the cover and disclaimer; no new figures can be stated.
24 May 2024admin correction● Neutral
Share registry Computershare's Sydney office moves to 6 Hope St, Ermington from 23 May 2024. Phone numbers and postal address are unchanged. Administrative.
3 May 2024other● Neutral
Hong Kong monthly return for April 2024: no change in issued shares, which remain 1,320,439,437. Administrative filing.
29 Apr 2024other● Neutral
Appendix 4G corporate governance checklist filed with the annual report, pointing to the governance statement on pages 125-150 and confirming it is current at 23 February 2024. Administrative; no new financial information.
29 Apr 2024annual report● Neutral
2023 Sustainability Report covering environmental, social and governance performance, with early alignment to draft Australian climate reporting standards. Text read is largely the introduction and scope; no new financial figures.
29 Apr 2024annual report● Neutral
2023 Annual Report released, marking 20 years in Australia. Chairman says 2023 followed difficult years, with production improving each quarter and cash operating costs down 21% from first to second half. Yancoal is considering diversifying beyond coal. Repeats results already announced on 23 February.
19 Apr 2024security holder rights change● Neutral
1,141,369 deferred short-term incentive rights issued to senior staff, about 0.086% of shares. They vest in halves on 1 March 2025 and 2026, and can be settled in cash or existing shares, so no new shares are required.
12 Apr 2024other● Neutral
Notice that the March quarter report will be released 18 April 2024, with an investor webcast on 19 April at 11am Sydney. Administrative; no financial information.
5 Apr 2024other● Neutral
Hong Kong monthly return for March 2024: no change in issued shares, which remain 1,320,439,437. Administrative filing.
11 Mar 2024security holder rights change● Neutral
1,116,524 vested 2021 short-term incentive rights are settled half in existing shares and half in cash; 551,997 vested 2022 rights likewise. No new shares are issued, so no dilution. 552,004 2022 rights remain, vesting 1 March 2025.
7 Mar 2024security holder rights change● Neutral
Small forfeits of employee performance share rights after resignations: 65,671 and 59,900 long-term rights, and 121,740 and 65,833 short-term rights. Minor housekeeping with no effect on issued shares.
4 Mar 2024other● Neutral
Hong Kong monthly return for February 2024: no change in issued shares, which remain 1,320,439,437. Administrative filing.
1 Mar 2024director officer appointment● Neutral
Hong Kong list of directors now includes Debra Bakker as the third independent, alongside Fletcher and Raby; eight directors in total. Administrative restatement of the board change announced on 23 February.
23 Feb 2024annual report● NeutralMajor
2023 revenue A$7.8bn (2022: A$10.5bn) as realised price fell 39% to A$232/t; cash A$1.4bn, last A$496m of loans prepaid. Final dividend A$429m (A$0.325/share). 2024 guidance: 35-39Mt output, cash costs A$89-97/t, capex A$650-800m, with output weighted to second half.
23 Feb 2024resource reserve update▼ BadMajor
Year-end 2023 attributable coal resources fell 6.6% to 4,857Mt (from 5,201Mt). Recoverable reserves fell 1.9% to 970Mt (989Mt) and marketable reserves 1.5% to 720Mt (731Mt), continuing the gradual reserve decline.
23 Feb 2024annual report● NeutralMajor
2023 net profit A$1,819m, down 49% from A$3,586m in 2022, on revenue of A$7,778m (down 26%). Board declared a A$429m final dividend (A$0.325/share), paid 30 April 2024. Interim dividend was A$489m, so 2023 dividends total A$918m.
23 Feb 2024investor presentation● Neutral
Slide presentation for the 2023 results released the same day. Readable text is only the cover and disclaimer; no new figures can be stated beyond the results release.
23 Feb 2024director officer appointment▲ Good
Debra Bakker joins as independent director from 1 March 2024 and will chair the Nomination and Remuneration Committee. This fills the vacancy left by Helen Gillies and restores independents to one-third of the board, resolving the Hong Kong listing rule gap.
23 Feb 2024dividend declaration● Neutral
Hong Kong cover filing for the cash dividend announcement; the readable text has no amounts or dates. The A$429m final dividend was already reported in the results.
20 Feb 2024other● Neutral
Notice that the 2023 financial result will be released 23 February 2024 after 7:30pm AEDT, with an investor webcast on 26 February at 11am Sydney. Administrative; no financial information.
9 Feb 2024director officer appointment▼ BadMajor
Independent director Helen Gillies, on the board since 30 January 2018, resigns effective 9 Feb 2024 to devote time to other business, with no disagreement. Independents fall to two of seven, below the one-third Hong Kong requirement; the company aims to appoint a replacement within three months.
9 Feb 2024director officer appointment● Neutral
Hong Kong list of directors and committees after Helen Gillies' departure: seven directors, one executive (Ning Yue), four non-executive and two independents (Fletcher, Raby). Administrative restatement of the board change.
8 Feb 2024other● Neutral
Board meeting set for 23 February 2024 to approve 2023 final results and consider a final dividend, if any. Administrative notice; no results or dividend amount are given.
1 Feb 2024other● Neutral
Hong Kong monthly return for January 2024: no change in issued shares, which remain 1,320,439,437. Administrative filing.
15 Jan 2024material agreement● Neutral
Board renewed the coal sales and purchase framework agreements with Glencore, plus the HVO purchase agreement with Glencore subsidiary Anotero, for 1 Jan 2024 to 31 Dec 2026. Yankuang confirmed on 15 Jan 2024. Caps are not readable. Early-2024 transactions are exempt as under 1%.
15 Jan 2024other● Neutral
Notice that the 4Q 2023 quarterly report will be released on 18 January 2024 after 7:30pm AEDT, with an investor webcast on 19 January at 11am Sydney. Administrative; no financial information.
4 Jan 2024other● Neutral
Hong Kong monthly return for December 2023: no change in issued shares, which remain 1,320,439,437. Administrative filing.
