Corporate

Who do I contact to change my shareholder details?

Link Market Services manages all shareholder details on behalf of Sigma. You can manage and update your own share registry details online by visiting the Link Market Services Investor Centre www.linkmarketservices.com.au or contact Link directly on Tel: 1300 554 474 (in Australia).

What is the ASX code used by Sigma?

Sigma Healthcare now trades under the ASX code SIG, having previously traded under SIP. The change reflects the change in company name to Sigma Healthcare that was approved by shareholders on 3 May 2017.

Why does Sigma buy-back its own shares, and will the buyback program continue?
Sigma commenced a share buyback program in October 2012, and has bought back and cancelled almost 10% of our shares on issue. The buy-back reduces the number of shares on issue, meaning as profits grow it is shared across fewer shares. The Board considers this on a regular basis as part of our capital management program.

Retail

What role does Sigma play in the retail pharmacy market?
Sigma has a network of over 500 pharmacies operating under our brands Amcal, Guardian, Discount Drug Stores, PharmaSave and WholeLife. In addition, we provide significant support to a large number of independent pharmacies across Australia.
Why doesn’t Sigma just own the pharmacies rather than operate like a franchisor?

Current regulation in Australia requires that a pharmacy is owned by a pharmacist. This precludes Sigma from owning pharmacies. The scale delivered by being a brand owner provides us with capacity to invest in numerous programs and services to support the success of our branded pharmacy members, which in turn supports Sigma’s success.

Logistics Services

What is Sigma doing to grow your revenue when the value of the PBS is flat or declining?
Sigma has a clear strategy of continuing to diversify our revenue and more importantly earnings base beyond the PBS. Whilst PBS revenue continues to be important to the underlying business, profit growth is being driven by our investment in diversifying our income stream to other areas, such as increased OTC products, our private and exclusive range of products, the delivery of various services, and our expansion into hospitals and third party logistics services.