Summerset Group Holdings Limited Ordinary Shares
SUM.NZXHealth Care
Summerset is the third largest operator and the second largest developer of retirement villages and aged care facilities in New Zealand. Summerset is one of the few retirement village operators to provide a continuum of care at its Villages. Summerset ordinary shares commenced trading on the NZSX on Tuesday 01 November 2011.
Market Data
$8.020
+0.0%$2.0B
7.4x
$1.079
3.15%
-0.3%
Recent Announcements
Summerset Group Holdings Investor Day Presentation
Summerset Group Holdings held an investor day presentation on May 1, 2026, at its first Australian village, Cranbourne North, showcasing progress on Australian expansion across four development sites (Cranbourne North, Chirnside Park, Oakleigh South, and Torquay) and reporting resilient sales performance despite Middle East geopolitical uncertainty and fuel price inflation, with management noting construction cost escalations of approximately 1.3% and operational cost increases of 6%, while maintaining flexibility to adjust growth targets if economic conditions deteriorate.
Ongoing Disclosure Notice
Fiona Oliver, Independent Director of Summerset Group Holdings Limited, acquired 1,750 ordinary shares (NZX: SUM) on 24 April 2026 for $14,756.80, with the shares registered to Fiona Oliver and Juliet Hyatt-Brown as trustees of the Grasmere Family Trust. Oliver's total relevant interest in SUM shares is now 11,157 shares.
Outcome of Summerset Annual Meeting
Summerset Group Holdings Limited held its annual shareholder meeting on 21 April 2026, where all four ordinary resolutions passed with strong majorities (99.83-99.96% approval). The resolutions authorized the Board to fix auditors' remuneration and re-elected Dr Andrew Wong, Venasio Crawley, and Fiona Oliver as Directors, with Wong's reappointment noted as his final term.
Summerset Annual Meeting - Chairman and CEO Addresses
Summerset Group Holdings held its 2026 Annual General Meeting where the Board Chair and CEO reported FY25 underlying profit of $234.2 million (up 13%), record ORA sales of 1,560 units, and continued portfolio growth to 8,673 units across New Zealand and Australia, while maintaining disciplined balance sheet management with gearing at 37.1% and $627 million in undrawn debt capacity.
Summerset Group Holdings AGM Moving to Online Only
Summerset Group Holdings Limited has moved its Annual Meeting of Shareholders from an in-person event in Wellington to an online-only format on 21 April 2026 at 2:30pm NZ time due to a state of emergency declared following extreme rainfall and flash flooding in the region.
SPH Notice - FirstCape Group Limited
FirstCape Group Limited changed substantial holding from 9.676% to 10.714%.
1Q26 Metrics - Sales of Occupation Rights
Summerset Group Holdings Limited reported 365 sales of occupation rights in Q1 2026 (177 new sales and 188 resales), representing 34% growth in new sales and 19% growth in resales compared to Q1 2025. The company remains on track with expansion plans and is monitoring fuel price impacts from Middle East geopolitical tensions but reports no material effects on sales demand or construction costs to date.
Ongoing Disclosure Notices
Four independent directors of Summerset Group Holdings Limited (Fiona Oliver, Gráinne Patricia Troute, Dr Marie Magdaleen Bismark, and Venasio Crawley) acquired additional ordinary shares on 26 March 2026 through the company's Dividend Reinvestment Plan, with holdings increasing by 104, 249, 308, and 42 shares respectively.
SPH Notice - Harbour Asset Management Limited
Harbour Asset Management Limited changed substantial holding from 7.551% to 8.597%.
Withdrawal of Resolution
Summerset Group Holdings Limited has withdrawn Resolution 5 regarding Directors' Remuneration from its Annual Shareholders' Meeting scheduled for 21 April 2026, citing changed economic conditions and increased costs affecting stakeholders.
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