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Wellard is an important link in meeting rising global demand for protein through the supply of quality livestock to consumers throughout the world. The purpose-built, technologically advanced livestock vessels that we charter to exporters and importers throughout the world, combined with a specialist livestock crew, ensure optimal welfare outcomes for the livestock on-board and a quality product our customers.

Corporate Governance

Following its delisting from the ASX in December 2025, Wellard Limited is revising its Corporate Governance Policies to better align with its unlisted structure. The below charters and policies will be replaced during 2026. The Board of Wellard has assumed all of the responsibilities previously devolved to individual board sub-committees.

  1. Code of Conduct
  2. Board Charter
  3. Audit, Risk and Compliance Committee Charter
  4. Nomination and Remuneration Committee Charter
  5. Continuous Disclosure Policy
  6. Shareholder Communications Policy
  7. Diversity Policy
  8. Securities Trading Policy
  9. Constitution
  10. Animal Welfare Policy
  11. Anti-Bribery and Corruption Policy
  12. Whistle-blowing Policy
  13. Related Party Transactions Policy

 

REPORTS

  1. Wellard Limited 2018 Appendix 4G and Corporate Governance Statement
  2. Wellard Limited 2019 Appendix 4G and Corporate Governance Statement
  3. Wellard Limited 2020 Appendix 4G and Corporate Governance Statement
  4. Wellard Limited 2021 Appendix 4G and Corporate Governance Statement
  5. Wellard Limited 2022 Appendix 4G and Corporate Governance Statement
  6. Wellard Limited 2023 Appendix 4G and Corporate Governance Statement

At Wellard’s AGM held on 20 October 2022, shareholders approved changes to the Company’s Constitution, including amendments to bring the Constitution up to date with ASX Listing Rules, and some further administrative amendments, including (i) rule 2.8 (Restricted Securities); and (ii) rule 6 (Sale of Non-Marketable Parcels).

Details of the amendments made were fully detailed in the Notice of Meeting, which can be found at: https://wcsecure.weblink.com.au/pdf/WLD/02568658.pdf

A copy of the updated Constitution is available here:

Wellard Constitution Updated AGM 2022

At Wellard’s AGM held on 26 November 2021, shareholders approved changes to the Company’s Constitution, to clarify the rules relating to online general meetings. Shareholders approved a resolution which has the effect of making all future general meetings hybrid – that is, they will be held both in person and online, to allow for wide participation.

A copy of the updated Constitution is available here:

Wellard Limited Constitution – 2021 updates

News Feed

  • Posted on

    M/V Ocean Drover Reaches 200th Voyage Milestone

    Media Release The workhorse of the Wellard’s livestock shipping fleet, the M/V Ocean Drover, has celebrated the success of its 200th voyage. Launched twenty years ago as the M/V Becrux (it was renamed the M/V Ocean Drover in 2009), the vessel was a breakthrough for the live export sector as it was first large livestock […]

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    Wellard releases FY2020 financial results, recording maiden full year profit

    ASX Announcement             Wellard Ltd (Wellard, ASX:WLD) advises that it recorded its best full year Earnings Before Interest Tax Depreciation and Amortisation (EBITDA) result of $23.3 million in FY2020, as the Company began to realise the benefits of its debt restructure program to record its first full year financial profit since listing on […]

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    Wellard completes capital restructure through sale of M/V Ocean Shearer for US$53 million

    ASX Announcement Highlights Sale of MV Ocean Shearer completed for US$53.0 million (approx. A$89.8 million1) to reduce Wellard financial debt2 to US$16.9 (approx. A$28.7 million); US$40.8 million (approx. A$69.1 million) reduction in existing debt; US$12.2 million (approx. A$20.7 million) increase in cash on hand; Wellard’s fleet right-sized to three vessels; Successful sale transaction will complete company […]

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    Wellard to defend shareholder class action

    ASX Announcement Wellard Limited (Wellard) has today been served with a class action proceeding filed in the Federal Court of Australia in Victoria. The proceeding filed by Quinn Emanuel Urquhart & Sullivan is on behalf of all persons who or which: acquired an interest: in ordinary shares in Wellard between 8 December 2015 and 31 August […]

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    Wellard releases H1 FY2020 financial results

    ASX Announcement Wellard Ltd (Wellard, ASX:WLD) advises that it recorded Earnings Before Interest Tax Depreciation and Amortisation (EBITDA) of $10.8 million and a net loss after tax of $2.1 million in the six months to 31 December 2019, as the Company continued to restructure its operations and balance sheet. Revenue declined from $188.2m to $49.1m reflecting the […]

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  • Posted on

    Wellard to complete capital restructure through sale of M/V Ocean Shearer for US$53M

    ASX Announcement Highlights Sale of MV Ocean Shearer for US$53.0 million (approx. A$77.8 million1) to reduce Wellard financial debt to US$16.7 (approx. A$24.6 million)2; US$42.3 million (approx. A$62.0 million) reduction in existing debt; US$10.7 million (approx. A$15.8 million) increase in cash on hand; Wellard’s fleet right-sized to three vessels (two owned and one exclusively leased); Successful […]

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    WELLARD LIMITED EXECUTIVE CHAIRMAN’S REPORT ANNUAL GENERAL MEETING: 22 NOVEMBER 2019

    ASX Announcement Welcome I would like to welcome shareholders to the 2019 Wellard AGM, my second as Executive Chairman of the Company. As with last year, I will provide a brief chairman’s address before providing more detailed information about the operations and finances of the Company in my executive capacity, alongside the Company’s Chief Financial Officer John Stevenson. […]

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  • Posted on

    Wellard releases FY2019 financial results

    ASX Announcement Wellard Ltd (Wellard, ASX:WLD) advises that it retained positive EBITDA and cashflow for FY2019, however poor trading conditions in the second half of the financial year (H2 FY2019), vessel impairments and financing costs contributed to a net loss after tax of $48.4 million (FY2018: $36.4 million). Improved EBITDA of $12.0 million (FY2018: $9.8 million), operating […]

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    Sale of M/V Ocean Swagman to Heytesbury for US$22M to proceed

    ASX Announcement Wellard Limited (ASX:WLD) (Wellard or the Company) advises that it will proceed with the sale of the M/V Ocean Swagman to Heytesbury Holding Company Pty Ltd (Heytesbury) for US$22M. The transaction also includes a bareboat charter of the vessel back from Heytesbury to Wellard immediately upon completion of the sale which is expected to complete on […]

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