Listed Investment Company | Glennon Small Companies Limited

Welcome

On behalf of my fellow Directors, I'm pleased to introduce Glennon Small Companies Limited's website (ASX:GC1) and encourage shareholders and the wider investment community to learn more about our business, our strategy and performance.

Yours Sincerely

Michael Glennon
Chairman
Glennon Small Companies Limited

GC1 Objective

The objective of GC1 is to provide investors with exposure to a portfolio of smaller companies and to do this through a dedicated specialist small companies investment manager. GC1 will offer investors a diversified portfolio of smaller companies that are different to portfolios constructed from S&P/ASX 100 companies. GC1 combines the Manager's distinctively high-conviction investment approach, with specialist knowledge and an extensive small companies network.

GC1 Investment Strategy

Concentrated portfolio targeting between 20 and 60 securities
Undervalued ASX listed companies outside the S&P/ASX top 100
Active, long only, no shorting, no leverage
Semi-annual dividends (fully franked)
Long term investment focus

Objective and Strategy

Gross Performance as at 31 August 2024

1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years Since inception

Glennon Small Companies Ltd

2.10% 2.68% 5.95% 9.15% -1.30% -8.13% -0.55% 3.32%

Percentages beyond one year are p.a.

Investment performance is before expenses, fees and taxes.

Past performance is not necessarily indicative of future performance.

Performance

Dividend History

Cumulative dividends paid to members (per share) for previous reporting periods were as follows:

Benefits of Participating in the Dividend Reinvestment Plan (DRP)

- Free brokerage - shares acquired under the DRP will not incur any brokerage costs
- 3% discount - DRP shares are discounted for participants
- Compounding your investment for maximum gain - material growth profile over time

Should you wish to participate in the DRP, please click here to access your personal portal at our registry, Boardroom where you may change your dividend instructions easily. Alternatively, you may download this form and return it to Boardroom by the last DRP election date.

Dividend Policy and History

ASX Announcements

ASX Announcements

Click here to view all ASX announcements

Monthly Investment Report & NTA

GC1 Directors

Michael Glennon

Chief Investment Officer

Mr Michael Glennon founded Glennon Capital in 2008 to offer investors the opportunity to co-invest along with the principals of the firm for long-term capital appreciation and income. Michael is an awarded Equities Investment Analyst with over ten years of experience. Known and respected for managing investments for high profile institutional, corporate and private Investors within Australia. Michael holds a Bachelor of Commerce degree from the University of Western Sydney.

LinkedIn Profile

Craig Stranger

Non-executive Director (Independent)

Mr Stranger has 25 years’ experience across equities research, equity capital markets and mergers and acquisitions, and is a director of Advance Metals Limited (ASX:AVM).

Craig is the Co-founder of PAC Partners. For the last 11 years, PAC Partners is a leading independent financial services group with offices in Sydney, Melbourne and Perth and has led a significant number of capital market transactions in the emerging companies space.

Linkedin Profile

Sulieman Ravell

Non-executive Director (Independent)

Mr Sulieman Ravell has over 20 years experience in the financial services industry. Sulieman is also a representative director and the responsible manager of NW Advice Pty Ltd and Wealth Focus Pty Ltd. He is responsible for providing advice to clients, principally focussed on strategy and asset allocation.

Sulieman holds the Advanced Financial Planning Certificate (UK), a degree in Chemical Engineering and the Advanced Diploma in Financial Planning Australia.

LinkedIn Profile

GC1 Directors

Financial Reports