United Malt Group Ltd (ASX: UMG) Share Price and News

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United Malt Group Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $1.18 billion
P/E Ratio 87.72
Dividend Yield 1.37%
Shares Outstanding 299.18 million
Earnings per share 0.046
Dividend per share 0.06
Year To Date Return -7.80%
Earnings Yield 1.14%
Franking N/A
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as at 24 Feb 3:44pm

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United Malt Group Ltd (ASX: UMG)
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Dividend Payment History Data provided by Morningstar.

Data provided by Morningstar.
Ex-Date Amount Franking Type Payable
01 Dec 2021 $0.0350 0.00% Final 17 Dec 2021
02 Jun 2021 $0.0200 0.00% Interim 18 Jun 2021
11 Dec 2020 $0.0390 0.00% Final 30 Dec 2020

UMG ASX Announcements

An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
YesNo

About United Malt Group Ltd

United Malt Group Ltd (ASX: UMG) is the world’s fourth largest independent commercial maltster. It operates 13 processing plants across Canada, the United States, Australia, New Zealand and the United Kingdom.

With approximately 1.25Mtpa of malting capacity, the company produces, sells and distributes bagged malt, hops, yeast, adjuncts and related products to major brewers, craft brewers, distillers and food companies.

United Malt was spun off from Graincorp Ltd in March 2020. The United Malt share price opened at $4.10 amid the COVID-19 March market crash and has weathered the tumultuous year of 2020, trading at a price of $4.28 in mid-October.

UMG Share Price History Data provided by Morningstar.

Data provided by Morningstar.
Date Close Change % Change Volume Open High Low
16 May 2022 $4.02 $0.03 0.75% 566,358 $3.99 $4.04 $3.97
13 May 2022 $3.99 $0.05 1.27% 654,944 $3.94 $4.00 $3.91
12 May 2022 $3.94 $-0.10 -2.48% 550,135 $4.03 $4.04 $3.92
11 May 2022 $4.04 $0.03 0.75% 692,201 $3.99 $4.05 $3.96
10 May 2022 $4.01 $0.02 0.50% 591,893 $3.98 $4.02 $3.91
09 May 2022 $3.99 $0.01 0.25% 771,495 $4.00 $4.00 $3.91
06 May 2022 $3.98 $-0.05 -1.24% 620,601 $4.00 $4.02 $3.96
05 May 2022 $4.03 $0.07 1.77% 576,256 $3.97 $4.04 $3.96
04 May 2022 $3.96 $-0.08 -1.98% 405,079 $4.04 $4.05 $3.93
03 May 2022 $4.04 $-0.06 -1.46% 451,083 $4.09 $4.10 $4.03
02 May 2022 $4.10 $-0.06 -1.44% 565,425 $4.01 $4.13 $4.01
29 Apr 2022 $4.16 $0.11 2.72% 857,039 $4.05 $4.17 $4.04
28 Apr 2022 $4.05 $-0.02 -0.49% 909,489 $4.01 $4.09 $4.01
27 Apr 2022 $4.07 $0.07 1.75% 1,724,307 $4.03 $4.09 $3.96
26 Apr 2022 $4.00 $-0.23 -5.44% 1,878,893 $4.04 $4.11 $3.94
22 Apr 2022 $4.23 $0.04 0.95% 889,150 $4.15 $4.27 $4.08
21 Apr 2022 $4.19 $-0.01 -0.24% 1,448,257 $4.24 $4.25 $4.16
20 Apr 2022 $4.20 $0.18 4.48% 1,990,711 $4.04 $4.20 $4.04

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
21 Feb 2022 Mark Palmquist Issued 295 $1,278,250
Issue of securities. 962,322 - Performance Rights
07 Dec 2021 Graham Bradley Buy 20 $82,600
On-market trade. Avg price
02 Dec 2021 Mark Palmquist Issued 47 $192,561
Issue of securities. 667,114 - performance rights
02 Dec 2021 Gary Mize Buy 487 $2,001
On-market trade.
01 Dec 2021 Graham Bradley Buy 4 $19,861
On-market trade.
25 Nov 2021 Mark Palmquist Expiry 280 $1,178,280
As advised by the company. 620,033 - Performance Rights
Lapse of One-off Award performance rights
25 Nov 2021 Terry Williamson Buy 7 $29,890
On-market trade.
22 Nov 2021 Graham Bradley Buy 10 $41,615
On-market trade. Avg price
22 Nov 2021 Gary Mize Buy 12 $53,340
On-market trade.
18 Nov 2021 Mark Palmquist Exercise 55 $233,588
Conversion of securities. 900,576 - Performance Rights
18 Nov 2021 Mark Palmquist Buy 55 $233,588
Conversion of securities.

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Ms Barbara June Gibson Non-Executive Director Jan 2020
Ms Gibson has over 30 years of business experience at senior executive and board levels across the chemicals, health care, agriculture and manufacturing sectors. Ms Gibson is an experienced executive having spent 20 years with Orica Limited. Prior to this, she held positions in medical diagnostics, pharmaceuticals and fine chemicals. In 2003, Ms Gibson was awarded a Centenary of Federation Medal for services to Australian society in medical technology. She is a former director of GrainCorp Limited (March 2011 until March 2020), and Chair of Warakirri Asset Management Pty Ltd (July 2006 until December 2018)
Mr Graham John Bradley Non-Executive ChairmanNon-Executive Director Jan 2020
Mr Bradley has over 30 years of business, executive leadership and governance experience at senior executive and board levels across banking and financial services, manufacturing, infrastructure, resources, agribusiness and corporate strategy consulting. Mr Bradley has previously held the position of Managing Director of Perpetual and senior roles at Blake Dawson and McKinsey & Company. Mr Bradley is currently Chairman of Energy Australia Holdings (since June 2012), Virgin Australia International Holdings (since March 2012), Shine Justice Limited (since May 2020), Volt Corporation Ltd and Volt Bank Limited (Since June 2021). Mr Bradley is also a Director of Hongkong and Shanghai Banking Corporation (since November 2012), the Chairman of Infrastructure NSW (since July 2013), a member of the Advisory Council of the Australian School of Business at UNSW and was made a member of The Order of Australia in 2009. He is a former Chairman of GrainCorp (March 2017 until March 2020). Mr Bradley was the President of the Business Council of Australia and the Deputy President of the Takeovers Panel, among other notable roles
Ms Jane Frances McAloon Non-Executive Director Jan 2020
Ms McAloon has over 30 years of business, government and regulatory experience at senior executive and board levels across the natural resources, energy and infrastructure sectors. In particular, she has experience in navigating complex ESG issues across multiple jurisdictions. Ms McAloon was an executive at BHP Billiton and AGL. Prior to this, she held positions in government in energy, rail and natural resources. Ms McAloon is currently a NonExecutive Director of Energy Australia (since December 2012), Home Consortium (since October 2019), Allianz Australia (since July 2020) and Newcrest Mining (since July 2021). She is also a board member of the Allens Advisory Board (since September 2019). She is a former director of Viva Energy (June 2018 to August 2021), Healthscope Limited (February 2016 to June 2019), Cogstate Limited (January 2017 to November 2019), Civil Aviation Safety Authority (December 2017 to December 2019), Port of Melbourne (February 2018 to February 2020) and GrainCorp (December 2019 to March 2020). Ms McAloon was also previously Chair of Defence Reserves Support Council and a Member of the Referendum Council on Constitutional Recognition for Aboriginal and Torres Strait Islander Peoples.
Mr Terry Walter Williamson Non-Executive Director Mar 2020
Mr Williamson has a background in financial reporting and risk management with prior roles as senior audit partner of Price Waterhouse, Chief Financial Officer Bankers Trust Australia, Member of the Global Controls Group Bankers Trust New York Group, Chair of Audit and Risk Committee Stockland Property Group, Avant Insurance and Member of the Audit Committee of the Reserve Bank of Australia and financial advisor to a number of not-for-profit organisations. Mr Williamson is currently a Director of Apollo Care Operations Pty Ltd and Apollo Care Pty Ltd (since August 2020), Member of the Building Estates Committee of the University of Sydney, and Finance Advisor to the Society of the Divine Word. Mr Williamson was previously a Director of Stockland Capital Partners and Stockland Direct Retail Trust No. 1 (April 2018 to September 2021). Mr Williamson has had no other public company directorships in the last three years.
Mr Mark LeRoy Palmquist Chief Executive OfficerManaging Director Jan 2020
Mr Palmquist has over 30 years experience in food processing and agricultural sectors and has held a number of senior leadership roles prior to commencing his role at United Malt. Mr Palmquist is focused on building a sustainable business aligned to meeting the needs of our customers in each of our markets, whilst ensuring strong governance, risk management and continued innovation. Prior to his role at United Malt, Mr Palmquist was the Managing Director and CEO of GrainCorp Limited from 2014 until 2020, which demerged its malt business that is now United Malt. Prior to this, he was Executive Vice President and Chief Operating Officer, Ag Business, for CHS Inc., a leading global agribusiness, diversified in energy, grains, and food. He has held a variety of global leadership roles for a broad range of CHS agricultural inputs and marketing areas, retail businesses, and grain based food and food ingredients operations. Mr Palmquist is currently a director of Telesense, Inc (September 2020) and is a former director of GrainCorp Limited (from October 2014 until March 2020).
Mr Gary W Mize Non-Executive Director Oct 2020
Mr Mize has over 36 years of experience managing commodity-based trading and processing businesses at the senior executive and board levels. He was previously the Global Chief Operating Officer of Noble Group Hong Kong, President of Conagra Foods Grain Processing Group, CEO Conagra Malt and President Cargill Worldwide Juice Group. Mr Mize has lived in Hong Kong, Sao Paulo and Geneva. Mr Mize is currently Lead Director of Darling Ingredients (a company listed on NYSE) (appointed in Feb 2021), an Independent Director of Gevo Inc (a company listed on NASDAQ) (since September 2011) and Ceres Global (a company listed on TSX) (since September 2013. Member of the Environment, Health and Safety Committee Member of the Nominations and Remuneration Committee.
Ms Lisa Jones Company Secretary
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Ms Erika Morgan Vice President Human Resources
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Amy Spanik Chief Financial Officer
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Ms Nina Palludan Chief Information Officer
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Tiago Darocha Chief Operating Officer
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Mr Donald McBain Chief Strategy and Transformation Officer
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Lisa Jones Company Secretary
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Bryan Bechard President Warehouse & Distribution
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Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
HSBC Custody Nominees (Australia) Limited 58,409,412 19.52%
J P Morgan Nominees Australia Pty Limited 49,027,840 16.39%
Citicorp Nominees Pty Limited 45,468,365 15.20%
National Nominees Limited 29,187,549 9.76%
Graincorp Limited 25,428,404 8.50%
Cs Third Nominees Pty Limited 8,632,408 2.89%
Citicorp Nominees Pty Limited I 4,799,487 1.60%
BNP Paribas Noms Pty Ltd 4,408,306 1.47%
BNP Paribas Nominees Pty Ltd 2,810,205 0.94%
First Samuel Ltd Acn 086243567 1,728,520 0.58%
Jarjums Holdings Pty Limited 1,700,000 0.57%
Mrs Ingrid Kaiser 1,133,976 0.38%
HSBC Custody Nominees (Australia) Limited-A/C 2 905,411 0.30%
Brispot Nominees Pty Ltd 863,780 0.29%
BNP Paribas Nominees Pty Ltd Six Sis Ltd 789,792 0.26%
BNP Paribas Nominees Pty Ltd I 541,596 0.18%
Mark Palmquist 437,473 0.15%
BNP Paribas Nominees Pty Ltd Hub24 Custodial Serv Ltd 382,431 0.13%
BNP Paribas Nominees Pty Ltd II 275,000 0.09%
Verbena Bee Pty Ltd 266,848 0.09%

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