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.
Sitting Fonterra directors Donna Smit and Andy Macfarlane have been announced as two of the four independently assessed candidates for the 2019 Fonterra board elections.
The other two candidates are Philipp Haas and Cathy Quinn.
As re-standing directors, Smit and Macfarlane automatically go through to the ballot: Haas and Quinn were recommended by the Independent Selection Panel after their assessment process.
There are two different ways that shareholders can stand for the board – as Independently assessed candidates or as non-assessed candidates.
Nominations for non-assessed candidates, where farmers can stand as a candidate for the board with the support of 35 different shareholders, are now open. Nominations close at noon on Friday, 27 September.
The full list of candidates will be announced on Monday, 30 September 2019.
Voting Packs, containing candidate profiles, will be mailed to eligible shareholders on Tuesday, 15 October 2019. Shareholders can vote by internet or post, using the First Past the Post voting system. Voting closes at 10.30am on Tuesday, 5 November 2019 with the results being announced later that day.
Federated Farmers president Wayne Langford is claiming “some real success” on the 12 policy priorities it placed before the Coalition Government.
Federated Farmers is throwing its support behind the Fast-track Approvals Bill introduced by the Coalition Government to enable a fast-track decision-making process for infrastructure and development projects.
The latest report from ANZ isn’t good news for sheep farmers: lamb returns are forecast to remain low.
Divine table grapes that herald the start of a brand-new industry in Hawke’s Bay have been coming off vines in Maraekakaho.
In what appears to be a casualty of the downturn in the agricultural sector, a well-known machinery brand is now in the hands of liquidators and owing creditors $6.6 million.
One of New Zealand’s deepest breeder Jersey herds – known for its enduring connection through cattle with the UK’s longest reigning monarch, Queen Elizabeth II – will host its 75th anniversary celebration sale on-farm on April 22.
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