Harker says Tilt wants to keep faith with retail shareholders

Tue, 28 May 2019

By Jenny Ruth May 29 (BusinessDesk) - Tilt Renewables decided to write to shareholders outlining the reasons why it isn’t paying a final dividend to pay “full respect” to its broad investor base, particularly its retail shareholders, says chair Bruce Harker. Many of those smaller retail shareholders gained their shares first in Trustpower in 1995 when shares were distributed to Trustpower’s local Tauranga customers and then when Tilt was spun out of Trustpower in October 2016. Tilt’s annual report has yet to be issued but Trustpower’s...

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