Fonterra, Sharesies join to make share trading easier
Fonterra is teaming up with wealth app provider Sharesies to make it easier for its farmer shareholders to trade co-op shares among themselves.
Eleven candidates will contest three Fonterra board seats this year.
They are Blue Read, Donna Smit, Eric Ray, Grant Cochrane, Grant Rowan, Jacqueline Rowarth, Jan Marten Kingma, Lachie Cameron, Michael Spaans and the two incumbent directors John Wilson and Nicola Shadbolt.
As in previous years, the candidate assessment panel (CAP) process is available to independently assess the capabilities, experience and qualifications of any and all director candidates to help shareholders make informed votes. CAP is not compulsory for candidates.
The CAP results and candidate profiles will be mailed to Fonterra's eligible shareholders with voting papers on November 26 and will be displayed on Fencepost via www.fonterra.com.
Fonterra shareholders can meet candidates and ask questions at directors' election candidate meetings scheduled for December 3-7.
Shareholders can vote by internet, fax or post. Voting is by the single transferable vote method. Voting is open from 10.30am November 26 to 10.30am December 15.
Results will be announced at the annual meeting on December 17.
The country’s 4200 commercial fruit and vegetable growers will vote from May 14 on a new HortNZ levy.
Meat processor Alliance Group is asking farmer shareholders to inject more capital in order to remain a 100% co-operative.
A vet is calling for all animals to be vaccinated against a new strain of leptospirosis (lepto) discovered on New Zealand dairy farms in recent years.
Dairy
Rural banker Rabobank is partnering with Food Rescue Kitchen on a new TV series which airs this weekend that aims to shine a light on the real and growing issues of food waste, food poverty and social isolation in New Zealand.
Telco infrastructure provider Chorus says that it believes all Kiwis – particularly those in the rural areas – need access to high-speed, reliable broadband.
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