Meat co-op dilemma
Meat processor Alliance Group's cash-strapped farmer shareholders face a dilemma - either pour more money into the co-operative or risk losing 100% ownership and control.
Three candidates have been nominated for the two available vacancies on the Alliance Group Board.
Don Morrison of Gore and Murray Taggart of Oxford are seeking re-election to the Board and Leon Black of Riverton is also standing.
All shareholders can vote in the election, either online or by post. Voter packs, together with information about the candidates, will be sent to farmer-shareholders on Thursday, November 24.
The packs will be sent out by electionz.com, the independent election management company helping to run the election.
electionz.com will also email those shareholders with a known valid email address their individual voting details for voting electronically via the internet. Voting closes at 10:30am on Tuesday, December 13, 2016.
Danny Hailes, Alliance Group company secretary, says the cooperative is encouraging the 5000 farmer-shareholders to vote.
“This is an opportunity for shareholders to have their say about their co-operative. It is a busy time for farmers so shareholders are encouraged to vote as soon as possible.”
The election result will be announced at Alliance Group’s annual meeting at The Village Hall, Grand Mercure Nelson Monaco, 6 Point Rd, Monaco, Nelson, on December 15, 2016.
Any shareholders who have not received their voting pack by Wednesday, November 30, 2016 should contact electionz.com on 0800 666 029 to arrange for one to be sent.
