Dawn Meats takes 65% stake in Alliance Group in major industry deal
Alliance and Dawn Meats have completed their new strategic partnership.
Alliance chair Mark Wynne says the vote is a "significant decision" for Alliance and its farmer-shareholders.
"If farmers haven't voted yet, now is the time to do so," Wynne says.
"So far, more than 45% of issued shares have voted. That represents more than 1,300 of our shareholders," he adds. "Every vote counts."
For the proposal to be approved by farmer-shareholders, more than 50% of all shares on issue (over 53 million votes) must be a ‘Yes’ and at least 75% of participating shares must vote in favour of the proposal.
Farmer-shareholders can vote or appoint a proxy online via the link emailed to them by This email address is being protected from spambots. You need JavaScript enabled to view it..
They can also vote in person at the Special General Meeting in Invercargill on Monday October 20.
Read More:
- Alliance Group faces crucial vote on Dawn Meats deal
- Farmers prepare counter-proposal to Dawn Meats deal
- Every vote will count - Alliance chair
Corporate shareholders may need to appoint a proxy to vote on their behalf at the Special General Meeting.
All votes must be received by 11:45am on Monday October 20.
