Daily Roundup

EML.ASX AUB.ASX PME.ASX SXE.ASX EOL.ASX

EML Payments Appoints New Chief Financial Officer

EML Payments Limited (ASX:EML) has appointed Mr. Stuart Will as its new Chief Financial Officer, effective 1 December 2025, following the resignation of Mr. James Georgeson. Mr. Will is currently the Group Financial Controller of EML and has worked closely with Mr. Georgeson and the global finance team over the past nine months.

Prior to joining EML, Mr. Will has served as Chief Financial Officer at a number of large-scale organisations including Optal Ltd and Baby Bunting. He brings extensive CFO, Company Secretary and executive leadership experience across the fintech, financial services, and retail sectors, with particular expertise in global operations and strategic transformations.

Mr. Georgeson will continue to work with Mr. Will to ensure a smooth transition through the first quarter of 2026. Executive Chairman, Mr. Anthony Hynes, said that no momentum will be lost on EML's EML2.0 journey as they welcome Mr. Will to the executive team, and look forward to him leveraging his expertise as the company right-sizes its operating footprint and continues to build a strong growth engine.

AUB Group Ends Talks with EQT and CVC

AUB Group Limited (AUB) has announced the cessation of discussions with EQT AB (EQT) and CVC Asia Pacific Limited (CVC) regarding their unsolicited, confidential and non-binding indicative proposal to acquire 100% of AUB by way of scheme of arrangement for cash consideration of $45.00 per AUB share. The Consortium has advised AUB that it does not intend to proceed with a binding proposal at a price of $45.00 per share, and the parties have agreed to terminate discussions.

The AUB Board believes that a price of $45.00 per share appropriately values AUB in the current market environment. AUB's Chief Executive Officer and Managing Director, Michael Emmett, stated that the recent due diligence process has reaffirmed the company's confidence in its improvement initiatives and long-term growth prospects. Now that discussions with the Consortium have ended, the Board and management team are fully focused on advancing their portfolio of organic growth initiatives and acquisition opportunities.

AUB reaffirms its FY26 guidance for underlying NPAT, to be in the range of AUD215.0 million - AUD227.0 million, representing earnings growth of 7.4% to 13.4%.

PME signs A$25M-7-Year Visage Open Archive Deal with BayCare

Pro Medicus Limited (PME) has announced that its wholly-owned U.S. subsidiary, Visage Imaging, Inc., has signed an additional A$25M, 7-year contract with BayCare, the leading health care system in the Tampa Bay and central Florida regions of the U.S. The contract, based on a transaction-based licensing model, will add the company's cloud-based Visage 7 Open Archive to the existing Visage 7 Viewer and Visage 7 Workflow contract signed in February 2025.

Planning for the rollout commences immediately and involves migrating BayCare's current archive to Visage 7 Open Archive in the cloud. This, in addition to the previously contracted Visage 7 Viewer and Visage 7 Workflow modules, will provide BayCare with a full stack solution that is targeted to go-live in Q1 of calendar year 2026.

Pro Medicus CEO, Dr Sam Hupert, said, "This deal confirms our belief that there is a material opportunity for us to sell Visage 7 Open Archive to new and existing customers such as BayCare. In doing so, we not only enable them to fully transition their on-premise infrastructure to cloud, we provide them with the most performant, scalable and cost-effective archive solution."

Southern Cross Electrical Engineering Ltd loses arbitration

Southern Cross Electrical Engineering Limited (SCEE) has announced that its subsidiary Heyday has been unsuccessful in its arbitration proceedings claiming against the CPB Dragados Samsung Joint Venture (CDSJV) for additional costs incurred in performing works on the WestConnex M5 motorway tunnel project in Sydney.

The arbitrator has determined in his Partial Final Award, issued on 28 November, that Heyday's claims in the arbitration were time-barred and dismissed, and that sums paid to Heyday under the earlier security of payment processes were also time-barred and are to be repaid.

The effect of the award is that Heyday has previously recognised a contract asset of $19m which will now not be recovered and will be written off in SCEE's accounts, and Heyday will repay CDSJV $15m it received under the earlier security of payment processes, which will have both a profit and cash impact.

The impact on FY26 guidance is that previous EBITDA guidance of $65m-$68m has been updated to $21m-$24m. However, the Board notes that this matter is one-off in nature, concerns events that took place approximately six years ago, and the ongoing business is unaffected with underlying FY27 EBITDA, excluding the impact of the arbitration, expected to remain in line with the original guidance.

Director Sells Shares in Energy One Ltd

Energy One Ltd has announced that director Ian Ferrier has sold a proportion of his holdings in the company. On 25 August 2025, Mr Ferrier sold a number of shares, and at that time had announced in an Appendix 3Y that he did not intend to dispose of any shares in the following 12 months.

However, Mr Ferrier now intends to sell a further circa 315,000 shares to finance the purchase of a home. Despite this sale, Mr Ferrier still holds 5.0 million shares in Energy One Limited and has no immediate intention to sell any of his remaining shares. The announcement has been approved for release by the Board.