• Australian Rural Capital Limited is an ASX listed public investment and investment management company.
  • We are principal investors in agribusiness and agricultural assets and are now seeking to manage external funds for wholesale and sophisticated investors in this asset class.
  • Our 100% owned subsidiary Australian Rural Capital Management Pty Ltd holds AFSL License #302802
  • We take a private equity approach to our investment activity with a long- term time horizon.
  • We aim to acquire, partner or inject equity capital to fund growth or to recapitalise existing operations.
  • Our focus is to invest in strategic assets and positions of value creation within agricultural supply chains.
  • We believe the full vertical integration model in the food and fibre supply chains produces the most consistent returns for production and hence reduces earnings volatility.
  • Our business model comprises of investment returns from our principal investments and fee income on the funds we manage for our investors, aiming to create both capital growth and income for our investors and shareholders.

Namoi Cotton

We hold just over 10% on a fully diluted basis, of the ordinary shares of Namoi Cotton Limited. We are the largest shareholder, after marketing joint venture partner Louis Dreyfus Commodities, and we believe this shareholding stake to be strategic in nature, in a business which is a strategic link in the cotton supply chain.

It is our view that the Australian Cotton industry has significant positive investment attributes:

  • A world leader in cotton quality and product tracking back to individual farms
  • A low cost efficient producer in a global sense
  • Industry funded research and development continues to deliver significant productivity gains thru the adoption of new technologies and varieties
  • Provides the highest financial return per megalitre of water for broadacre row crops in the Murray Darling Basin

Namoi Cotton owns and operates strategic ginning and marketing assets, crucial parts of the supply chain. We have visited a number of these quality infrastructure assets and believe they have good operational management, and we welcome the Louis Dreyfus cotton marketing JV as partner to market. We believe numerous opportunities exist both in a horizontal and vertical sense for further growth and margin expansion of the business. We remain positive on the long term prospects for the use of natural fibres like cotton and it’s production in Australia to supply the demand of the growing middle class of Asia with fibre.

James Jackson (Executive Chairman)

James Jackson has background and experience in both capital markets and agribusiness. He worked for JB Were in Australia and SG Warburg & Co. in both London and New York over a ten year period in Equity Capital Markets and Institutional Sales transacting with significant American and European institutional investors. He is now a company director and professional investor, and was a director of the ASX listed MSF Sugar Limited (known formerly as The Maryborough Sugar Factory Ltd) from 2004 and Chairman from 2008 until the agreed takeover in 2012. This was during a period of significant growth and shareholder value creation for the company. The skills and expertise relevant to the position of director include a deep knowledge of agribusiness, financial risk management, strategic analysis and development and implementation of strategy and corporate governance. He has strong interest in agriculture and a large network in rural Australia and the capital markets. He holds a Bachelor of Commerce from the University of Queensland, completed the Program for Management Development at Harvard Business School and is a Fellow of the Australian Institute of Company Directors and is a resident of Australia. During the last three years, James has served as a Director and Chairman of MSF Sugar Limited from 2004 to 2012 and Deputy Chairman of Elders Limited (ASX:ELD) from April 2014 to December 2017.

jaJackson

Darren Anderson (Non-Executive Director)

Darren Anderson has significant legal and commercial experience and expertise gained over a 27 year career to date. He is a partner in the Brisbane office Holding Redlich and specialises in providing legal services to the property industry. He has particular expertise in major acquisitions and disposals in residential, industrial and rural property, structured property development, due diligence and property finance arrangements. Darren brings extensive legal knowledge and background particularly in real property transactions, and the structuring of finance and due diligence. He has a good understanding of corporate governance, financial accounting and risk assessment. He holds a Bachelor of Commerce and Bachelor of Laws (Second Class Honours) from the University of Queensland and is admitted as a Solicitor in the Supreme Court of Queensland.

DarenAnderson NoTie

Wayne Massey (Non-Executive Director)

Wayne Massey has occupied a number of senior finance executive positions in the sugar industry since 1998, including a period as Chief Financial Officer of MSF Sugar Ltd from 2008 to 2012 (ASX listed until 2012). During this period the sugar industry has undergone a period of deregulation, which was followed by a period of industry consolidation. Wayne has experience in mergers and acquisitions, debt management and development of futures and currency capability. He has also held Director positions of unlisted Australian parent and subsidiary companies in the sugar industry in recent years and has been a Director of SMART, an Industry Superannuation Fund.

WayneMassey

Mark Licciardo (Company Secretary)

B Bus(Acc), GradDip CSP, FGIA, FCIS, FAICD is the founder and Managing Director of Mertons Corporate Services. Mark has extensive experience working with Boards of high profile ASX listed companies in the areas of corporate governance, accounting & finance and company secretarial practice. His expertise is in developing and guiding effective governance and he is considered a leader in this sector. His 40 year corporate career has encompassed executive roles in banking and finance, funds management, investment and infrastructure development. Mark is a director of various public (incl. ASX listed) and private companies, a former Chairman of the Governance Institute of Australia Victorian division, LCI Melbourne and Melbourne Fringe Festival and a former company secretary of Top 50 ASX listed companies Transurban Group and Australian Foundation Investment Company Limited.

Mark Licciardo